Document:

EXECUTIVE SALARY CONTINUATION AGREEMENT

     THIS AGREEMENT, made and entered into this 27th day of December 2002, by
                                                ----        --------------
and between Wilber National Bank, a bank organized and existing under the laws
of the State of New York (hereinafter referred to as the "Bank"), and Alfred S.
Whittet, an executive of the Bank (hereinafter referred to as the "Executive").

                                   WITNESSETH:

     WHEREAS, the Executive has been and continues to be a valued Executive of
the Bank, and is now serving the Bank as its President and CEO; and

     WHEREAS, it is the consensus of the Board of Directors (hereinafter
referred to as the "Board") that the Executive's services to the Bank in the
past have been of exceptional merit and have constituted an invaluable
contribution to the general welfare of the Bank in bringing the Bank to its
present status of operating efficiency and present position in its field of
activity;

     WHEREAS, the Executive's experience, knowledge of the affairs of the Bank,
reputation, and contacts in the industry are so valuable that assurance of the
Executive's continued services is essential for the future growth and profits of
the Bank and it is in the best interests of the Bank to arrange terms of
continued employment for the Executive so as to reasonably assure the
Executive's remaining in the Bank's employment during the Executive's lifetime
or until the age of retirement;

     WHEREAS, it is the desire of the Bank that the Executive's services be
retained as herein provided;

     WHEREAS, the Executive is willing to continue in the employ of the Bank
provided the Bank agrees to pay the Executive or the Executive's beneficiary
certain benefits in accordance with the terms and conditions hereinafter set
forth;

     ACCORDINGLY, it is the desire of the Bank and the Executive to enter into
this Agreement under which the Bank will agree to make certain payments pursuant
to this Agreement to the Executive at retirement or, in the event of the
Executive's Death, the Executive's beneficiary;

     FURTHERMORE, it is the intent of the parties hereto that this Executive
Plan be considered an unfunded arrangement maintained primarily to provide
supplemental retirement benefits for the Executive, and be considered a
non-qualified benefit plan for purposes of the Employee Retirement Security Act
of 1974, as amended ("ERISA"). The Executive is fully advised of the Bank's
financial status and has had substantial input in the design and operation of
this benefit plan; and

     NOW, THEREFORE, in consideration of services performed in the past and to
be performed in the future as well as of the mutual promises and covenants
herein contained it is agreed as follows:

<PAGE>

I.   EMPLOYMENT

     The Bank agrees to employ the Executive in such capacity as the Bank may
     from time to time determine. The Executive will continue in the employ of
     the Bank in such capacity and with such duties and responsibilities as may
     be assigned to him, and with such compensation as may be determined from
     time to time by the Board of Directors of the Bank, as provided for in that
     certain employment agreement between the Executive and the Bank dated as of
     January 1, 1998 (the "Employment Agreement") as such may be amended,
     modified, restated or superceded from time to time.

II.  FRINGE BENEFITS

     The Salary continuation benefits provided by this Agreement are granted by
     the Bank as a fringe benefit to the Executive and are not part of any
     Salary reduction plan or an arrangement deferring a bonus or a Salary
     increase. The Executive has no option to take any current payment or bonus
     in lieu of these Salary continuation benefits except as set forth
     hereinafter.

III. RETIREMENT DATE AND NORMAL RETIREMENT AGE

     A. Retirement Date:
        ----------------

     If the Executive remains in the continuous employ of the Bank, the
     Executive shall retire from active employment with the Bank on the January
     1st nearest the Executive's sixty-third (63rd) birthday, unless by action
     of the Board of Directors his period of active employment shall be
     shortened or extended.

     B. Normal Retirement Age:
        ---------------------

     Normal Retirement Age shall mean the Executive's age at January 1, 2006.
     The Executive shall not be entitled to any additional or enhanced benefit
     under this Agreement if he elects to work past his Normal Retirement Age.

IV.  RETIREMENT BENEFIT AND POST-RETIREMENT DEATH BENEFIT

     Upon said retirement the Bank, commencing with the first day of the month
     following the date of such retirement, shall pay the Executive an annual
     benefit equal to Fifty Thousand and 00/100 Dollars ($50,000) multiplied by
     the Executive's vested percentage determined pursuant to Paragraph VI,
     below, and any other annual benefits provided for hereunder shall be
     forfeited. Said benefit shall be paid in equal monthly installments (1/12
     of the annual benefit) until the Executive's death at which time the
     benefits provided hereunder shall be reduced by 50% and paid in equal
     monthly installments (1/12 of the annual benefit) to the spouse (named in
     the Beneficiary Designation Form attached) if she survives the Executive
     until her death at which time the benefits provided hereunder shall cease.
     If the Executive should die prior to such retirement, a benefit equal to
     Twenty One Thousand and 00/100 Dollars ($21,000) multiplied by the
     Executive's vested percentage determined pursuant to Paragraph VI, below,
     and shall be paid in equal monthly installments (1/12 of the annual
     benefit) to the spouse (named in the Beneficiary Designation Form attached)
     until her death at which time the benefits provided hereunder shall cease.
     Any other annual benefit provided hereunder shall be forfeited.

V.   BENEFIT ACCOUNTING

     The Bank shall account for this benefit using the regulatory accounting
     principles of the Bank's primary federal regulator. The Bank shall
     establish an accrued liability retirement account for the Executive into
     which appropriate reserves shall be accrued.

VI.  VESTING

     Executive's interest in the benefits that are the subject of this Agreement
     shall vest as provided for herein. The Executive's vested percentage shall
     be determined according to the following schedule:

     the Executive Retires during the period:         Vested Percentage:
     ----------------------------------------         ------------------

     on or prior to December 31, 2003                 25% (twenty-five percent)

     from January 1, 2004 through December 31, 2004   50% (fifty percent)

     from January 1, 2005 through December 31, 2005   75% (seventy-five percent)

     on or after January 1, 2006                      100% (one-hundred percent)

                                       2
<PAGE>

VII. OTHER TERMINATION OF EMPLOYMENT

     Subject to Subparagraph VII (i) hereinbelow, in the event that the
     employment of the Executive shall terminate prior to retirement, as
     provided in Paragraph III, or by the Executive's discharge by the Bank
     without cause, then this Agreement shall terminate upon the date of such
     termination of employment and the Bank shall pay to the Executive an annual
     benefit equal to 84% of the benefit described in Paragraph IV (without
     reduction for vesting pursuant to Paragraph VI) payable beginning at Normal
     Retirement Age (i.e., an annual benefit to the Participant equal to $42,000
     and an annual surviving spouse benefit of $21,000, respectively).

          (i)  Discharge for Cause: In the event the Executive shall be
               -------------------
               discharged for cause at any time, all benefits provided herein
               shall be forfeited. The term "for cause" shall have the same
               meaning as set forth in Section 7(d) of the Employment Agreement.
               If a dispute arises as to discharge "for cause," such dispute
               shall be resolved by arbitration as set forth in this Executive
               Plan.

VIII. CHANGE OF CONTROL

     For the purposes of this Agreement, "Change of Control" shall have the same
     meaning as set forth in Section 2 of that certain Severance Compensation
     Agreement between the Executive and The Wilber Corporation dated as of
     January 1, 1998 (the "Severance Agreement") as such may be amended,
     modified, restated or superceded from time to time. Upon a Change of
     Control, if the Executive subsequently suffers a Termination of Service
     (voluntary or involuntary), except for cause, then the Executive shall
     receive the benefits in Paragraph IV herein upon attaining Normal
     Retirement Age (Subparagraph III [B]), as if the Executive had been
     continuously employed by the Bank until the Executive's Normal Retirement
     Age.

IX.  RESTRICTIONS ON 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 Executive Plan. The
     Executive, their beneficiary, or any successor in interest shall be and
     remain simply a general 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, at its sole discretion, to either
     fund the obligations undertaken by this Executive Plan or to refrain from
     funding the same and to determine the extent, nature and method of such
     funding. Should the Bank elect to fund this Executive Plan, in whole or in
     part, through the purchase of life insurance, mutual funds, disability
     policies or annuities, the Bank reserves the absolute right, in its sole
     discretion, to terminate such funding at any time, in whole or in part. At
     no time shall the Executive be deemed to have any lien, right, title or
     interest in any specific funding investment or assets of the Bank. If the
     Bank elects to invest in a life insurance, disability or annuity policy on
     the life of the Executive, then the Executive shall assist the Bank by
     freely submitting to a physical exam and associated testing and supplying
     such additional information necessary to obtain such insurance or
     annuities.

                                       3

<PAGE>

X.   MISCELLANEOUS

     A. Alienabilitv and Assignment Prohibition:
        ----------------------------------------

          Neither the Executive, nor the Executive's surviving spouse, nor any
          other beneficiary under this Executive 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 Executive or the Executive's beneficiary, nor be transferable
          by operation of law in the event of bankruptcy, insolvency or
          otherwise. In the event the Executive or any beneficiary attempts
          assignment, commutation, hypothecation, transfer or disposal of the
          benefits hereunder, the Bank's liabilities shall forthwith cease and
          terminate.

     B. Binding Obligation of the Bank and any Successor in Interest:
        -------------------------------------------------------------

          The Bank shall not merge or consolidate into or with another bank or
          sell substantially all of its assets to another bank, firm or person
          until such bank, firm or person expressly agrees, in writing, to
          assume and discharge the duties and obligations of the Bank under this
          Executive Plan. This Executive Plan shall be binding upon the parties
          hereto, their successors, beneficiaries, heirs and personal
          representatives.

     C. Amendment or Revocation:
        -----------------------

          It is agreed by and between the parties hereto that, during the
          lifetime of the Executive, this Executive Plan may be amended or
          revoked at any time or times, in whole or in part, by the mutual
          written consent of the Executive and the Bank.

     D. Gender:
        ------

          Whenever in this Executive 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.

     E. Effect on Other Bank Benefit Plans:
        ----------------------------------

          Nothing contained in this Executive Plan shall affect the right of the
          Executive to participate in or be covered by any qualified or
          non-qualified pension, profit-sharing, group, bonus or other
          supplemental compensation or fringe benefit plan constituting a part
          of the Bank's existing or future compensation structure.

     F. Headings:
        --------

          Headings and subheadings in this Executive Plan are inserted for
          reference and convenience only and shall not be deemed a part of this
          Executive Plan.

     G. Applicable Law:
        --------------

          The validity and interpretation of this Agreement shall be governed by
          the laws of the State of New York.

     H. 12 U.S.C.S1828(k):
        -----------------

          Any payments made to the Executive pursuant to this Executive Plan, or
          otherwise, are subject to and conditioned upon their compliance with
          12 U.S.C. ss. 1828(k) or any regulations promulgated thereunder.

                                       4
<PAGE>

     I. Partial Invalidity:
        ------------------

          If any term, provision, covenant, or condition of this Executive Plan
          is determined by an arbitrator or a court, as the case may be, to be
          invalid, void, or unenforceable, such determination shall not render
          any other term, provision, covenant, or condition invalid, void, or
          unenforceable, and the Executive Plan shall remain in full force and
          effect notwithstanding such partial invalidity.

     J. Not a Contract of Employment:
        ----------------------------

          This Agreement shall not be deemed to constitute a contract of
          employment between the parties hereto, nor shall any provision hereof
          restrict the right of the Bank to discharge the Executive, or restrict
          the right of the Executive to terminate employment.

XI.  ERISA PROVISIONS

     A. Named Fiduciary and Plan Administrator:
        --------------------------------------

          The "Named Fiduciary and Plan Administrator" of this Executive Plan
          shall be the Executive Committee of the board of directors of the Bank
          until its resignation or removal by the Board. As Named Fiduciary and
          Plan Administrator, it shall be responsible for the management,
          control and administration of the Executive Plan. The Named Fiduciary
          and Plan Administrator may delegate to others certain aspects of the
          management and operation responsibilities of the Executive Plan
          including the employment of advisors and the delegation of ministerial
          duties to qualified individuals.

     B. Claims Procedure and Arbitration:
        --------------------------------

          In the event a dispute arises over benefits under this Executive Plan
          and benefits are not paid to the Executive and such claimant feels he
          or she is entitled to receive such benefits, then a written claim must
          be made to the Named Fiduciary and Plan Administrator named above
          within sixty (60) days from the date payments are refused. The Named
          Fiduciary and Plan Administrator shall review the written claim and if
          the claim is denied, in whole or in part, they shall provide in
          writing within sixty (60) days of receipt of such claim the specific
          reasons for such denial, reference to the provisions of this Executive
          Plan upon which the denial is based and any additional material or
          information necessary to perfect the claim. Such written notice shall
          further indicate the additional steps to be taken by claimant if a
          further review of the claim denial is desired. A claim shall be deemed
          denied if the Named Fiduciary and Plan Administrator fail to take any
          action within the aforesaid sixty-day period.

          If a claimant desires a second review he or she shall notify the Named
          Fiduciary and Plan Administrator in writing within sixty (60) days of
          the first claim denial. Claimant may review this Executive Plan or any
          documents relating thereto and submit any written issues and comments
          he or she may feel appropriate. In their sole discretion, the Named
          Fiduciary and Plan Administrator shall then seek counsel from the
          Board of Directors of the Bank or its successor Board who will review
          the second claim and provide a written decision within sixty (60) days
          of receipt of such claim. This decision shall likewise state the
          specific reasons for the decision and shall include reference to
          specific provisions of the Plan Agreement upon which the decision is
          based.

          If a claimant continues to dispute the benefit denial based upon
          completed performance of this Executive Plan or the meaning and effect
          of the terms and conditions thereof, then the claimant may submit the
          dispute to an arbitrator for final arbitration. The arbitrator shall
          be selected by mutual agreement of the Bank and the claimant. The
          arbitrator shall operate under any generally recognized set of
          arbitration rules. The parties hereto agree that they and their heirs,
          personal representatives, successors and assigns shall be bound by the
          decision of such arbitrator with respect to any controversy properly
          submitted to it for determination.

          Where a dispute arises as to the Bank's discharge of the Executive
          "for cause," such dispute shall likewise be submitted to arbitration
          as above described and the parties hereto agree to be bound by the
          decision thereunder.

          The named Fiduciary and Plan Administrator and the Executive agree
          that in the event an arbitrator is engaged to settle a dispute related
          to this Agreement the unsuccessful party shall be solely responsible
          for both parties expenses related to the arbitration process.

                                       5
<PAGE>

XIII. TERMINATION OR MODIFICATION OF AGREEMENT BY REASON OF CHANGES IN THE LAW,
      -------------------------------------------------------------------------
      RULES OR REGULATIONS
      --------------------

          The Bank is entering into this Agreement upon the assumption that
          certain existing tax laws, rules and regulations will continue in
          effect in their current form. If any said assumptions should change
          and said change has a detrimental effect on this Executive Plan, then
          the Bank reserves the right to terminate or modify this Agreement
          accordingly. Upon a Change of Control (Paragraph VIII), this paragraph
          shall become null and void effective immediately upon said Change of
          Control.

XIV. DEATH OF THE EXECUTIVE
     ----------------------

          Notwithstanding anything herein to the contrary, this Agreement shall
          terminate upon the death of the Executive or his wife, whichever
          occurs later.

                                    * * * * *

                                       6
<PAGE>

     IN WITNESS WHEREOF, the parties hereto acknowledge that each has carefully
read this Agreement and executed the original thereof on the first date set
forth hereinabove, and that, upon execution, each has received a conforming
copy.

                                                WILBER NATIONAL BANK
                                                Oneonta, New York

/s/ Robert W. Moyer                             By:/s/ Brian R. Wright
-----------------------                         --------------------------------
Witness                                         Title:  Chairman

/s/ Joseph E. Sutaris                           /s/ Alfred S. Whittet
-----------------------                         --------------------------------
Witness                                         Executive

                                       7
<PAGE>EMPLOYMENT AGREEMENT
                              (herein "Agreement")

     AGREEMENT effective January 1, 1998, by and between WILBER NATIONAL BANK, a

national   banking   corporation   ("Corporation"),   and   ALFRED  S.   WHITTET

("Executive").

     Corporation desires to employ Executive to devote full time to the business

of the Corporation, and Executive desires to be so employed.

     The  parties agree as follows:

     1.   Employment.  Corporation  agrees to employ  Executive,  and  Executive
          ----------
          agrees to be so  employed,  in the  capacity  of  President  and Chief

          Executive  Officer.   Employment  shall  be  for  an  indefinite  term

          effective as of January 1, 1998.

     2.   Time and Efforts; Restrictive Covenant. Executive shall diligently and
          --------------------------------------
          conscientiously  devote his full and exclusive  time and attention and

          best efforts in discharging his duties as the Corporation's  President

          and  Chief  Executive  Officer.   Executive  shall  not,  directly  or

          indirectly,  alone or as a member of a partnership,  or as an officer,

          director,  member or shareholder of any other entity, be engaged in or

          concerned with any other commercial duties or pursuits whatsoever that

          might conflict with the Corporation's  business,  or materially affect

          Executive's  ability to perform his duties or create an  appearance of

          conflict,  except as may be approved in writing by the Chairman of the

          Board. Provided,  however, that nothing herein shall be interpreted to

          preclude  Executive from (i)  participating  as an officer or director

          of, or advisor to, any charitable or other tax exempt  organization or

          otherwise engaging in charitable, fraternal or trade group activities,

          (ii)  investing his assets as a passive  investor in other entities or

          business ventures,  provided that he performs no management or similar

          role with respect to such  entities or ventures,  or (iii)  continuing

          his  investment  in and  position  as  president  of Five  Mile  Point

          Development Corporation.

                                                                               1
<PAGE>

     3.   Board of Directors.  Executive shall at all times discharge his duties
          ------------------
          in consultation  with, and under the supervision of, the Corporation's

          Board of Directors. In the performance of his duties,  Executive shall

          make his principal office in such place as the Corporation's  Board of

          Directors and Executive may from time to time agree.

     4.   Compensation and Benefits.
          -------------------------

          a.   For the  Corporation's  fiscal  year  beginning  January 1, 1998,

               Corporation  shall  pay to  Executive  as  compensation  for  his

               services  an annual  salary of  $157,600.00  subject to all rules

               related to  withholding.  This amount shall be paid over the year

               in the same manner and time intervals as other senior  executives

               of the Corporation are paid. In addition to the salary  Executive

               shall be entitled to such  incentive  bonuses as may from time to

               time be awarded by the Board or any Committee thereof acting as a

               compensation committee.

          b.   Later Years.  During the  subsequent  fiscal  years,  Corporation
               -----------
               shall pay to Executive  as  compensation  for his  services  that

               amount which is set by the Board or any Committee  thereof acting

               as a compensation  committee but in no event less than the salary

               established pursuant to Section 4(a) hereof.

          c.   Benefits.  During  Executive's  employment the Corporation  shall
               --------
               provide to Executive such benefits,  including medical insurance,

               vacation, sick leave, life insurance and the right to participate

               in such retirement or pension plans,  as are generally  available

               to senior  executive  officers and  employees of the  Corporation

               from time to time.

                                                                               2

<PAGE>

     5.   Expenses.
          --------

          a.   Reimbursement.  The Corporation shall reimburse Executive for all
               -------------
               reasonable  and necessary  expenses  incurred in carrying out his

               duties under this Agreement.  Executive shall promptly present to

               the Corporation an itemized  account of such expenses in any form

               required by the Corporation.

          b.   Automobile.  The Corporation  recognizes the Executive's need for
               -----------
               an automobile for business purposes. It, therefore, shall provide

               the  Executive   with  an   automobile,   including  all  related

               maintenance,  repairs, insurance, and other costs. The automobile

               and  related  costs  shall  be  comparable  to  those  which  the

               Corporation presently provides the Executive.

          c.   Oneonta County Club  Membership.  The Corporation  recognizes the
               -------------------------------
               Executive's need for a place to meet and entertain the community,

               customers and  constituencies  and deems a county club membership

               as  the  most  effective  way  to  accomplish  that  purpose.  It

               therefore  shall pay the dues for  Executive's  membership in the

               Oneonta  Country Club and for Executive's  expenses  incurred for

               business  purposes  and  allowable  under  Corporation's  expense

               reimbursement policies.

     6.   Illness and Disability.  In the event any injury,  illness or accident
          ----------------------
          renders  Executive   permanently   totally   disabled,   Corporation's

          obligations under this Agreement shall terminate immediately after the

          determination of total disability subject only to obligations  assumed

          relative to disability.

          The  Corporation has in existence a bank policy whereby it supplements

          a short-term disability insurance policy during 26 weeks of short-term

          disability and Corporation covenants that it will continue to maintain

          the same or a similar insurance policy and will maintain for Executive

          the same bank policy to supplement the insurance policy.

          If,  during  the term of this  Agreement,  Executive  is  absent  from

          employment because of injury,  illness,  or any other incapacity,  for

          more  than 26  weeks in the  aggregate  in any 12  month  period,  the

          Corporation shall not be obligated to pay him any compensation for any

          period of absence  that exceeds 26 weeks in any 12 month  period,  and

          may, upon 3 days notice to Executive, terminate this Agreement. In the

          event of such termination,  the Corporation shall pay to Executive his

          compensation  as provided by the aforesaid  bank policy up to the date

          of  termination  and  Executive  shall  not be  entitled  to any other

          payment except as may be provided in any policy of insurance providing

          for long-term disability.

                                                                               3
<PAGE>

7.   Termination.
     -----------

          a.   Notwithstanding other provisions herein,  Executive serves at the

               pleasure of the Board of  Directors  of the  Corporation  and the

               Corporation may,  without cause,  terminate this Agreement at any

               time by giving not less than 30 days  advance  written  notice to

               Executive.  In that event, the Corporation shall pay to Executive

               his  compensation   (including   benefits)  up  to  the  date  of

               termination and for one (1) year thereafter.  Executive shall not

               be  entitled to any other  payment  from  Corporation  except for

               amounts of  compensation  previously  deferred  or as  separately

               agreed to in writing.

          b.   The right of Corporation  to terminate  Executive is not affected

               or diminished by any separate  Severance  Compensation  Agreement

               Executive may have with The Wilber Corporation.

          c.   Executive may terminate  this Agreement at any time by giving not

               less than 30 days notice to the  Corporation.  In that event, the

               Corporation  shall pay Executive his  compensation up to the date

               of  termination.  Executive  shall not be  entitled  to any other

               payment  from  Corporation  except for  amounts  of  compensation

               previously deferred.

          d.   The  Corporation may terminate  Executive's  employment for cause

               which for the purposes of this paragraph is defined as follows:

               (i)  The  willful  and  continued  failure  of the  Executive  to

                    substantially    perform   the   Executive's   duties   with

                    Corporation  (other  than any such  failure  resulting  from

                    incapacity  due to  physical  or  mental  illness),  after a

                    written demand for  substantial  performance is delivered to

                    the Executive by the Board of Corporation which specifically

                    identifies  the manner in which the Board  believes that the

                    Executive has not  substantially  performed the  Executive's

                    duties;

               (ii) The willful  engaging by the Executive in illegal conduct or

                    gross   misconduct  which  is  materially  and  demonstrably

                    injurious to the Corporation;

               (iii)Personal   dishonesty   or  breach  of  fiduciary   duty  to

                    Corporation  that in wither case  results or was intended to

                    result in personal profit to the Executive at the expense of

                    Corporation; or

               (iv) Willful violation of any law, rule or regulation (other than

                    traffic  violations,  misdemeanors,  or similar offenses) or

                    cease-and-desist order, court order, judgment or supervisory

                    Agreement,  which  violation is materially and  demonstrably

                    injurious to Corporation.

               (v)  Violation of provisions set forth in Paragraph 2.

                                                                               4
<PAGE>

     For  purposes of the  preceding  clauses,  no act or failure to act, on the

     part of the Executive,  shall be considered "willful" unless it is done, or

     omitted to be done,  by the  Executive in bad faith and without  reasonable

     belief that the Executive's action or omission was in the best interests of

     the  Corporation.  Any act,  or failure to act,  based upon prior  approval

     given by the  Board of  Corporation  or upon the  instructions  or with the

     approval  of the  Executive's  superior or based upon the advice of counsel

     for Corporation,  shall be conclusively  presumed to be done, or omitted to

     be done,  by the  Executive in good faith and in the best  interests of the

     Corporation.

     Notwithstanding  the foregoing,  the Executive  shall not be deemed to have

been  terminated  by  Corporation  for cause  unless and until  there shall been

delivered  to  the  Executive  a  copy  of a  resolution  duly  adopted  by  the

affirmative  vote of not  less  than a  majority  of the  entire  membership  of

Corporation's  Board of Directors at a meeting of Corporation's Board called and

held  for  the  purpose  (after  reasonable  notice  to  the  Executive  and  an

opportunity  for the Executive,  together with the  Executive's  counsel,  to be

heard before  Corporation's  Board),  finding that in the good faith  opinion of

said Board,  the  Executive  had acted or failed to act in a manner set forth in

Section 7(d) and specifying the particulars thereof in detail.

     A  termination  pursuant  to this  Section 7 is not  intended to impair the

payment of  benefits  to which  Executive  is then  legally  entitled  under any

retirement or pension plan maintained by the Corporation.

     8.   Notices.  All  notices  required or  permitted  to be given under this
          -------
          Agreement shall be given by certified mail, return receipt  requested,

          to the parties at the following  addresses or to such other  addresses

          as either may designate in writing to the other party:

                               If to Corporation:

                                  Wilber National Bank
                                  245 Main St.
                                  Oneonta, NY 13820

                                If to Executive:

                                  Alfred S. Whittet
                                  132 Forest Lane
                                  West Oneonta, NY 13861

                                                                               5
<PAGE>

     9.   Governing  law.  This  Agreement  shall be  construed  and enforced in
          --------------
          accordance with the laws of the State of New York.

     10.  Entire contract.  This Agreement  constitutes the entire understanding
          ---------------
          and Agreement between the Corporation and Executive with regard to all

          matters  herein.   There  are  no  other  agreements,   conditions  or

          representations,  oral or  written,  express or  implied,  with regard

          thereto. However, the parties acknowledge that there may be a separate

          Severance  Compensation  Agreement  between  Executive  and The Wilber

          Corporation.  This Agreement may be amended only in wiring,  signed by

          both parties.

     11.  Non-waiver.  A delay or  failure by either  party to  exercise a right
          ----------
          under this  Agreement,  or a partial or single exercise of that right,
          shall not constitute a waiver of that or any other right.

     12.  Headings.  Headings in this  Agreement  are for  convenience  only and
          --------
          shall not be used to interpret or construe its provisions

     13.  Counterparts.   This   Agreement  may  be  executed  in  two  or  more
          ------------
          counterparts,  each of which  shall be deemed an  original  but all of

          which together shall constitute one and the same Agreement.

     14.  Arbitration.  Any controversy or claim arising out of, or relating to,
          -----------
          this  Agreement  or its  breach,  shall be settled by  arbitration  in

          accordance  with  the  governing  rules  of the  American  Arbitration

          Association  to be held in  Oneonta,  New  York,  with  New  York  law

          applying. Judgment upon the award rendered may be entered in any court

          of competent jurisdiction.

     15.  Assignment. This Agreement shall inure to the benefit of, and shall be
          ----------
          binding  upon,  the  Corporation,  its  successors,  or assigns.  This

          Agreement may not be assigned by Executive.

     16.  Anti-Competition   Covenant.  In  the  event  of  termination  of  his
          ---------------------------
          employment by Executive  pursuant to Paragraph 7(c) or by Corporation,

          for cause as defined in Paragraph 7(d),  Executive agrees that he will

          not work for a competitor of  Corporation  which has an office that is

          located within  seventy-five  (75) miles of Oneonta,  New York, either

          directly as an employee or indirectly as an independent  contractor or

          otherwise, for a period of one (1) year from the effective date of the

          termination of his employment.

          In witness whereof  Corporation  has by an appropriate  officer signed

          and Executive has signed this Agreement as of the above date.

                                                     WILBER NATIONAL BANK

                                                     By: /s/ Brian R. Wright
                                                        ------------------------
                                                     Name:   Brian R. Wright
                                                             Title:  Chairman

                                                     /s/ Alfred S. Whittet
                                                        ------------------------
                                                        Alfred S. Whittet,
                                                        Executive

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