Document:

Exhibit 10.16
  Supplemental Retirement Agreement between NBT Bancorp Inc., NBT Bank, National
 Association and Daryl R. Forsythe as Amended and Restated Effective January 28,
                                      2002.

                                      II-22
<PAGE>
                        SUPPLEMENTAL RETIREMENT AGREEMENT
              (AS AMENDED AND RESTATED EFFECTIVE JANUARY 28, 2002)
              ----------------------------------------------------

                                    (REVISED)

     This  sets  forth the terms of an agreement for the payment of supplemental
retirement  income  ("Agreement")  made as of January 1, 1995 (and as revised on
April  28,  1998,  January  1,  2000,  January 22, 2001 and on January 28, 2002)
between  (i)  NBT  BANCORP  INC.,  a  Delaware corporation and a registered bank
holding  company,  and  NBT  BANK,  NATIONAL  ASSOCIATION,  a  national  banking
association  chartered  under the laws of the United States, both having offices
located  at  Norwich,  New  York  (collectively,  the "Bank"), and (ii) DARYL R.
FORSYTHE,  an individual residing at 21 Ridgeland Road, Norwich, New York 13815,
and  who  is  a  member  of  a  select group of management or highly compensated
employees within the meaning of section 201(2) of the Employee Retirement Income
Security  Act  of  1974,  as  amended  ("Forsythe").

     1.   PURPOSE  OF  THE  AGREEMENT.  The  purpose  of  this  Agreement  is to
          ---------------------------
provide  Forsythe a supplemental retirement benefit in accordance with the terms
of  this  Agreement.

     2.   DEFINITIONS.  For  purposes  of  this  Agreement,  the following words
          -----------
shall  have  the  meaning  indicated:

               (a)  ACTUARIAL  EQUIVALENT. "Actuarial Equivalent" shall have the
                    ---------------------
          same meaning the term "Actuarial Equivalent" has under Section 2.03 of
          Appendix  A  to the Qualified Plan (i.e., the NBT BANCORP Inc. Defined
          Benefit  Pension  Plan, as amended and restated as of October 1, 1989,
          including  amendments  adopted  through  August  31,  1998)  using the
          following  actuarial  assumptions:

                    MORTALITY:     "Applicable Mortality Rate" as such  term  is
                    ---------
                                   defined in Section 2.03c of said Appendix A
                                   to the Qualified  Plan.

                    INTEREST RATE: "Applicable Interest Rate" as such term is
                    -------------
                                    defined in Section 2.09b of said Appendix  A
                                    to  the Qualified  Plan.

               (b)  BENEFICIARY.  "Beneficiary" shall mean such living person or
                    -----------
          living  persons designated by Forsythe in accordance with subparagraph
          5(a)  to receive benefits under this Agreement after his death, or his
          personal  or  legal  representative,  all  as  herein  described  and
          provided.  If  no  Beneficiary  is  designated  by  Forsythe  or if no
          Beneficiary  survives  Forsythe,  the  Beneficiary shall be Forsythe's
          estate.

               (c)  CAUSE.  "Cause"  shall  mean  Forsythe's:
                    -----

                    (i)  willful  or  gross  misconduct  with  respect  to  the
               business  and  affairs of the Bank, or with respect to any of its
               affiliates  for  which  Forsythe  is  assigned  material
               responsibilities  or  duties;

                    (ii) conviction  of  a  felony  (after  the  earlier  of the
               expiration  of any applicable appeal period without perfection of
               an  appeal by Forsythe or the denial of any appeal as to which no
               further appeal or review is available to Forsythe) whether or not
               committed  in  the  course  of  his  employment  by  the  Bank;

                                      II-23
<PAGE>
                    (iii)  willful neglect, failure, or refusal to carry out his
               duties  under  the  Employment Agreement between NBT Bancorp Inc.
               and  Forsythe  dated  as  of  January  1,  2000  (the "Employment
               Agreement")  in  a reasonable manner (other than any such failure
               resulting  from  disability  or  death  or  from  termination  by
               Forsythe for Good Reason, as defined in the Employment Agreement)
               after  a  written demand for substantial performance is delivered
               to  Forsythe that specifically identifies the manner in which the
               Bank  believes  that Forsythe has not substantially performed his
               duties  and  he  has  not  resumed substantial performance of his
               duties on a continuous basis within thirty days of receiving such
               demand;  or

                    (iv) breach  of  any  representation  or warranty in section
               6(a) of the Employment Agreement or of any agreement contained in
               section  1,  4,  5,  or  6(b)  of the Employment Agreement, which
               breach  is  material  and  adverse  to  the  Bank  or  any of its
               affiliates  for  which  Forsythe  is  assigned  material
               responsibilities  or  duties.

               (d)  CHANGE  OF  CONTROL. "Change of Control" shall mean a Change
                    -------------------
          in  Control as such term is defined in the Change of Control Agreement
          between Forsythe and the Bank dated January 1, 2000 (a revision of the
          April  28,  1998  and  February  21,  1995  agreements).

               (e)  CODE.  "Code"  shall mean the Internal Revenue Code of 1986,
                    ----
          as  amended.

               (f)  DETERMINATION  DATE.  "Determination  Date"  shall  mean the
                    ------------------
          earlier  of  (i) the date of termination of Forsythe's employment with
          the  Bank or (ii) the first day of the month following Forsythe's 65th
          birthday.

               (g)  FINAL  AVERAGE  COMPENSATION.  "Final  Average Compensation"
                    --------------------------
          shall  have the same meaning the term "Final Average Compensation" has
          under  Section 2.27 of Appendix A to the Qualified Plan (i.e., the NBT
          BANCORP  Inc. Defined Benefit Pension Plan, as amended and restated as
          of  October  1,  1989, including amendments adopted through August 31,
          1998),  except  that  in  determining  the  amount of Compensation (as
          defined  in  Section 2.14 of said Appendix A to the Qualified Plan) to
          be  used  in calculating Final Average Compensation under Section 2.27
          of  said  Appendix  A to the Qualified Plan, Compensation shall not be
          subject  to  the  compensation limitation of section 401(a)(17) of the
          Code.

               (h)  FULL-TIME  EMPLOYEE.  "Full-Time  Employee"  shall  mean  an
                    -------------------
          employee  who  works  not  less  than  1,000 hours in a calendar year.

               (i)  OTHER RETIREMENT BENEFITS. "Other Retirement Benefits" shall
                    --------------------------
          mean  the  sum  of:

                    (i)  The  annual  benefit  payable  to  Forsythe  from  the
               Qualified  Plan,  plus

                    (ii)  The  annual benefit that could be provided by (A) Bank
               contributions  (other than elective deferrals) made on Forsythe's
               behalf  under  the  NBT  Bancorp  Inc.  401(k) and Employee Stock
               Ownership  Plan, and (B) actual earnings on contributions in (A),
               if  such  contributions  and earnings were converted to a benefit
               payable at age 65 in the same form as the benefit paid under this
               Agreement,  using  the same actuarial assumptions as are provided
               under  subparagraph  2(a).

          The  amount  of  Other  Retirement  Benefits shall be determined by an
     actuary  selected  by  the Bank, with such determination to be made without
     reduction  for  payment  of benefits prior to any stated "normal retirement

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<PAGE>
     date"  and  without regard to whether Forsythe is receiving payment of such
     benefits  on  the  Determination  Date.  To  the extent Forsythe receives a
     payment  of  Other  Retirement  Benefits described in subparagraph 2(i)(ii)
     prior  to  the  date  the  Supplemental  Retirement  Benefit  is determined
     pursuant  to  this  Agreement,  the total of such Other Retirement Benefits
     shall  be  determined  by  including  and assuming that such amounts earned
     interest  at  a  variable rate equal to the one-year United States Treasury
     bill rate as reported in the New York edition of The Wall Street Journal on
     the  Determination Date from the date received to the date Other Retirement
     Benefits  are  calculated  for  purposes  of  this  Agreement.

            (j)     PRESENT  VALUE.  "Present  Value"  shall  mean  the  present
                    --------------
     value  of  a  benefit  determined  on  the basis of the following actuarial
     assumptions:

                    MORTALITY:     "Applicable  Mortality Rate"  as such term is
                    ---------
                                   defined in Section 2.03c of Appendix A to the
                                   Qualified Plan  (i.e.,  the  NBT BANCORP Inc.
                                   Defined Benefit Pension Plan,  as amended and
                                   restated as of  October  1,  1989,  including
                                   amendments adopted  through August 31, 1998).

                    INTEREST RATE: "Applicable  Interest Rate" as such  term  is
                    --------------
                                   defined  in Section 2.09b of said  Appendix A
                                   to the Qualified  Plan.

               (k)  QUALIFIED  PLAN. "Qualified Plan" shall mean the NBT BANCORP
                    ---------------
                    Inc.  Defined  Benefit Pension Plan, as amended and restated
                    effective  as  of  January  1,  2000.

               (l)  SOCIAL  SECURITY  BENEFIT.  "Social  Security Benefit" shall
                    -------------------------
                    mean Forsythe's actual social security benefit at his Social
                    Security  Retirement  Age.

               (m)  SOCIAL  SECURITY RETIREMENT AGE. "Social Security Retirement
                    --------------------------------
          Age"  shall have the same meaning the term "Social Security Retirement
          Age" has under Section 2.58 of Appendix A to the Qualified Plan (i.e.,
          the  NBT  BANCORP  Inc.  Defined  Benefit Pension Plan, as amended and
          restated  as  of October 1, 1989, including amendments adopted through
          August  31,  1998).

     3.   AMOUNT  OF  SUPPLEMENTAL  RETIREMENT  BENEFIT.
          ---------------------------------------------

               (a)  SUPPLEMENTAL  RETIREMENT  BENEFIT.
                    ---------------------------------

                    (i)  AMOUNT  PAYABLE  ON AND AFTER AGE 65. If Forsythe shall
                         ------------------------------------
               remain  employed  by  the  Bank until reaching his 65th birthday,
               serving  as  a Full-Time Employee until such date, and subject to
               the  other terms and conditions of this Agreement, the Bank shall
               pay  Forsythe  an  annual  "Supplemental  Retirement  Benefit"
               determined  as  follows:

                         (A)  ON  AND  AFTER  AGE  65 BUT BEFORE SOCIAL SECURITY
                              --------------------------------------------------
                    RETIREMENT AGE. Forsythe shall be entitled to a Supplemental
                    ---------------
                    Retirement Benefit on and after his 65th birthday but before
                    his Social Security Retirement Age in an amount equal to the
                    excess  of  (1)  75  percent  of  Forsythe's  Final  Average
                    Compensation, over (2) Forsythe's Other Retirement Benefits,
                    determined  as  of  the Determination Date and calculated in
                    accordance  with  subparagraph  2(i).

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<PAGE>
                         (B)  ON  AND  AFTER  SOCIAL  SECURITY  RETIREMENT  AGE.
                              -------------------------------------------------
                    Forsythe  shall  be  entitled  to  a Supplemental Retirement
                    Benefit  on  and after his Social Security Retirement Age in
                    an  amount  equal  to  the  excess  of  (1)  75  percent  of
                    Forsythe's  Final  Average Compensation, over (2) the sum of
                    (aa)  Forsythe's Other Retirement Benefits, determined as of
                    the  Determination  Date  and  calculated in accordance with
                    subparagraph  2(i),  plus  (bb)  Forsythe's  Social Security
                    Benefit.

                    (ii) AMOUNT  PAYABLE  ON AND AFTER AGE 56 BUT BEFORE AGE 60.
                         ------------------------------------------------------
               If  Forsythe shall remain employed by the Bank until reaching his
               56th  birthday,  serving  as a Full-Time Employee until such date
               and  he continues to serve as a Full-Time Employee until the date
               of  his  retirement, and he retires then or thereafter but before
               reaching  his  60th  birthday, and subject to the other terms and
               conditions  of this Agreement, the Bank shall pay Forsythe on his
               60th birthday, pursuant to subparagraph 4(b), or to his spouse or
               other  Beneficiary,  pursuant and subject to subparagraph 6(c) if
               he  has  died  before  his  60th  birthday,  a  reduced  early
               Supplemental  Retirement  Benefit  calculated  in accordance with
               subparagraph  3(b)  and  the  following  schedule:

                         (A)  If  the  date of Forsythe's retirement shall be on
                    or after his 56th birthday but before his 57th birthday, the
                    Bank  shall  pay  Forsythe  20%  of  the  reduced  early
                    Supplemental  Retirement  Benefit  so  calculated;

                         (B)  If  the  date of Forsythe's retirement shall be on
                    or after his 57th birthday but before his 58th birthday, the
                    Bank  shall  pay  Forsythe  40%  of  the  reduced  early
                    Supplemental  Retirement  Benefit  so  calculated;

                         (C)  If  the  date of Forsythe's retirement shall be on
                    or after his 58th birthday but before his 59th birthday, the
                    Bank  shall  pay  Forsythe  60%  of  the  reduced  early
                    Supplemental  Retirement  Benefit  so  calculated;  and

                         (D)  If  the  date of Forsythe's retirement shall be on
                    or after his 59th birthday but before his 60th birthday, the
                    Bank  shall  pay  Forsythe  80%  of  the  reduced  early
                    Supplemental  Retirement  Benefit  so  calculated.

                    (iii)  AMOUNT PAYABLE ON AND AFTER AGE 60 BUT BEFORE AGE 65.
                           -----------------------------------------------------
                           If  Forsythe  shall remain employed by the Bank until
                           reaching  his  60th  birthday, serving as a Full-Time
                           Employee  until  such  date and he continues to serve
                           As  a  Full-Time  Employee  until  the  date  of  his
                           retirement, and he retires  then  or  thereafter  but
                           before  reaching  his 65th birthday, and  subject  to
                           the other terms and conditions of this Agreement, the
                           Bank  shall pay Forsythe a reduced early Supplemental
                           Retirement  Benefit  calculated  in  accordance  with
                           subparagraph  3(b)  except  that at age 62 the amount
                           shall not be less than  an amount equal to the excess
                           of (A) 65% of Forsythe's  Final  Average Compensation
                           over  (B)  Forsythe's  Other  Retirement  Benefits
                           determined  as  of  the  Determination  Date  and
                           calculated  in accordance  with  subparagraph  2(i)

               (b)  EARLY SUPPLEMENTAL RETIREMENT BENEFIT. If the Bank commences
                    -------------------------------------
          payment  of  a  reduced  early  Supplemental Retirement Benefit before
          Forsythe  reaches  age  65, the amount paid shall equal the product of
          (i)  the  Supplemental  Retirement  Benefit,  as  calculated  under
          subparagraph 3(a)(i)(A), times (ii) a fraction, the numerator of which
          shall  be  the number of complete months of Forsythe's employment with
          the  Bank  after  January 1, 1995, and the denominator of which is 164
          (the  number  of complete months of employment Forsythe would have had
          after  January  1,  1995 if he remained employed by the Bank until the
          first  day  of  the  month  following  his  65th  birthday).

                                      II-26
<PAGE>
               (c)  CONTINUED  MEDICAL BENEFITS. Upon Forsythe's retirement, the
                    ----------------------------
          Bank  will  continue  in  force  the  same  level  of medical benefits
          (including  medical,  dental  and vision care) for Executive until his
          death  and for his spouse (if alive) at the time of his death that was
          in  effect  at  the  time  of  Executive's  retirement.

               (d)  DISABILITY.  If  Forsythe's  employment  with  the  Bank
                              -
          terminates  because  of his disability (as defined for purposes of the
          long  term disability plan or policy of the Bank that is applicable to
          him  at  such  time)  before  he  attains age 62, for purposes of this
          Section  3,  he  shall be deemed to have continued to be employed as a
          Full-Time  Employee of the Bank while such disability continues, until
          he  attains  age  62,  and  to  have  then  retired.

     4.   TIME  OF  PAYMENT.
          -----------------

               (a)  Except  as  provided in subparagraph 4(b) (early retirement)
          and  paragraph  6  (payment  on  death),  the  Bank  shall  pay  the
          Supplemental  Retirement  Benefit  commencing  on the first day of the
          month  following  Forsythe's  attainment  of  age  65.

               (b)  Notwithstanding  subparagraph  4(a), the Bank shall commence
          payment  of  a  reduced  early  Supplemental Retirement Benefit on the
          first  day  of  the  month  following Forsythe's Determination Date in
          connection  with  early  retirement after reaching age 60 and prior to
          the date of his 65th birthday; provided that, if Forsythe shall retire
          prior  to  his  60th birthday as permitted in this Agreement, the Bank
          shall  commence  payment  of the reduced early Supplemental Retirement
          Benefit  on  the  first  day  of  the  month following Forsythe's 60th
          birthday.

     5.   FORM  OF  PAYMENT.
          -----------------

               (a)  The Supplemental Retirement Benefit described in paragraph 3
          of this Agreement shall be paid as a straight life annuity, payable in
          monthly  installments, for Forsythe's life; provided, however, that if
          Forsythe  has  no  surviving spouse and dies before having received 60
          monthly  payments,  such  monthly  payments  shall be continued to his
          Beneficiary until the total number of monthly payments to Forsythe and
          his  Beneficiary  equal 60, whereupon all payments shall cease and the
          Bank's  obligation  under  this Agreement shall be deemed to have been
          fully  discharged.  If  Forsythe  and his Beneficiary shall die before
          having received a total of 60 monthly payments, an amount equal to the
          Actuarial  Equivalent of the balance of such monthly payments shall be
          paid in a single sum to the estate of the survivor of Forsythe and his
          Beneficiary.  If  Supplemental  Retirement Benefits are payable in the
          form  described in this subparagraph 5(a), Forsythe shall designate in
          writing,  as  his  Beneficiary,  any  person  or  persons,  primarily,
          contingently  or  successively,  to  whom  the Bank shall pay benefits
          following  Forsythe's  death  if  Forsythe's  death  occurs  before 60
          monthly  payments  have  been  made.

               (b) Notwithstanding the form of payment described in subparagraph
          5(a),  if  Forsythe is married on the date payment of the Supplemental
          Retirement Benefit commences, the benefit shall be paid as a 50% joint
          and  survivor  annuity  with Forsythe's spouse as the Beneficiary. The
          50%  joint  and  survivor annuity shall be the Actuarial Equivalent of
          the  benefit  described  in  subparagraph  5(a).  If  the Supplemental
          Retirement  Benefit is payable pursuant to this subparagraph 5(b), but
          Forsythe's  spouse  fails  to  survive  him,  no payments will be made
          pursuant  to  this  Agreement  following  Forsythe's  death.

               (c) Notwithstanding the foregoing provisions of this paragraph 5,
          the  Bank  and  Forsythe  or  his  surviving spouse, if applicable, by
          mutual  agreement  may accelerate the payment of all or any portion of
          the  Supplemental Retirement Benefit or the reduced early Supplemental
          Retirement  Benefit  at  any  time.

                                      II-27
<PAGE>
          Any  payment  accelerated  in  accordance  with this subparagraph 5(c)
          shall  be  the  Actuarial Equivalent of the payment being accelerated.

               (d) If payment of a reduced early Supplemental Retirement Benefit
          commences  pursuant to subparagraph 4(b), and payments are accelerated
          pursuant to subparagraph 5(c), the reduction described in subparagraph
          3(b)  shall  be  applied before any Actuarial Equivalent is determined
          under  this  paragraph  5.

     6.   PAYMENTS  UPON  FORSYTHE'S  DEATH.
          ---------------------------------

               (a) Except as provided in subparagraphs 6(b) and (c), if Forsythe
          shall die before his 65th birthday, no payment shall be due his estate
          under  this  Agreement.

               (b)  If  Forsythe's  death  shall  occur  on  or  after  his 60th
          birthday,  before  payment  of any Supplemental Retirement Benefit has
          commenced,  Forsythe's  surviving  spouse  shall be paid as a straight
          life annuity 50 percent of the Supplemental Retirement Benefit for her
          life  commencing within 30 days following Forsythe's death, calculated
          in  accordance  with subparagraph 3(b) and, if such death occurs while
          Forsythe  is  employed  by  the  Bank, as if he had retired on the day
          before his death. Such payments shall be made in monthly installments,
          subject  to  the  right  of  the  Bank  and  such  surviving spouse to
          accelerate  payment  at any time in accordance with subparagraph 5(c).

               (c) If Forsythe dies before his 60th birthday and on or after his
          56th  birthday,  before payment of any Supplemental Retirement Benefit
          has  commenced,  Forsythe's surviving spouse shall be paid, in monthly
          installments,  as  a  straight  life  annuity,  50  percent  of  such
          Supplemental Retirement Benefit for her life commencing within 30 days
          following Forsythe's death, calculated in accordance with subparagraph
          3(a)(ii)  and,  if such death occurs while Forsythe is employed by the
          Bank, as if he had retired on the day before his death, subject to the
          right  of  the  Bank  and  such  surviving  spouse  to accelerate such
          payments  as  provided  in  subparagraph  5(c). However, if Forsythe's
          spouse fails to survive him, the Bank shall pay to Forsythe's estate a
          lump  sum  benefit  equal  to  50  percent  of  the  Present  Value of
          Forsythe's  Supplemental Retirement Benefit, calculated as provided in
          the  preceding  sentence.

               (d)  Except  as  otherwise  provided  in  subparagraph  6(c),  no
          payments  shall  be  made under this Agreement if Forsythe dies before
          payment  of  any Supplemental Retirement Benefit begins and his spouse
          fails  to  survive  him.

               (e)  If  Forsythe's  death  shall  occur  after  payment  of  a
          Supplemental  Retirement  Benefit  has commenced, Forsythe's surviving
          spouse  or  other  Beneficiaries  shall  receive  payments  under this
          Agreement  to  the  extent  provided  in  paragraph  5.

     7.  FORFEITURE  FOR  CAUSE.  Notwithstanding  any  other  provision of this
         ----------------------
Agreement,  if  Forsythe's  employment  with  the  Bank is terminated for Cause,
Forsythe  and  his spouse or other Beneficiaries shall forfeit all rights to any
payment  under  this  Agreement.

     8. POWERS. The Bank shall have such powers as may be necessary to discharge
        ------
its  duties  under this Agreement, including the power to interpret and construe
this  Agreement  and to determine all questions regarding employment, disability
status,  service, earnings, income and such factual matters as birth and marital
status. The Bank's determinations hereunder shall be conclusive and binding upon
the  parties  hereto  and all other persons having or claiming an interest under
this Agreement. The Bank shall have no power to add to, subtract from, or modify
any of the terms of this Agreement. The Bank's determinations hereunder shall be
entitled to deference upon

                                      II-28
<PAGE>
review  by  any court, agency or other entity empowered to review its decisions,
and  shall  not  be overturned or set aside by any court, agency or other entity
unless  found  to  be  arbitrary,  capricious  or  contrary  to  law.

     9.   CLAIMS  PROCEDURE.
          -----------------

          (a)  Any  claim  for  benefits  by  Forsythe,  his  spouse  or  other
     Beneficiaries  shall  be  made  in  writing to the Bank. In this paragraph,
     Forsythe  and  his  Beneficiaries  are  referred  to  as  "claimants."

          (b)  If the Bank denies a claim in whole or in part, it shall send the
     claimant  a  written  notice of the denial within 90 days after the date it
     receives  a claim, unless it needs additional time to make its decision. In
     that  case, the Bank may authorize an extension of an additional 90 days if
     it notifies the claimant of the extension within the initial 90-day period.
     The  extension  notice  shall  state  the reasons for the extension and the
     expected  decision  date.

          (c)  A  denial  notice  shall  contain:

               (i)  The  specific reason or reasons for the denial of the claim;

               (ii)  Specific  reference  to pertinent Agreement provisions upon
          which  the  denial  is  based;

               (iii)  A  description  of  any additional material or information
          necessary  to  perfect  the  claim,  with  an  explanation  of why the
          material  or  information  is  necessary;  and

               (iv)  An  explanation  of  the  review procedures provided below.

          (d)  Within 60 days after the claimant receives a denial notice, he or
     she  may  file a request for review with the Bank. Any such request must be
     made  in  writing.

          (e)  A  claimant  who  timely  requests review shall have the right to
     review  pertinent  documents,  to  submit additional information or written
     comments,  and  to  be  represented.

          (f) The Bank shall send the claimant a written decision on any request
     for  review within 60 days after the date it receives a request for review,
     unless  an  extension  of  time is needed, due to special circumstances. In
     that  case,  the  Bank may authorize an extension of an additional 60 days,
     provided  it  notifies  the  claimant  of  the extension within the initial
     60-day  period.

          (g)  The  review  decision  shall  contain:

               (i)  The  specific  reason  or  reasons  for  the  decision;  and

               (ii)  Specific  reference  to  the pertinent Agreement provisions
          upon  which  the  decision  is  based.

                                      II-29
<PAGE>
          (h)  If  the  Bank does not send the claimant a review decision within
     the  applicable  time  period,  the claim shall be deemed denied on review.

          (i)  The  denial notice or, in the case of a timely review, the review
     decision  (including  a deemed denial under subparagraph 9(h)) shall be the
     Bank's  final  decision.

     10.  ASSIGNMENT. Neither Forsythe nor his spouse or other Beneficiaries may
          ----------
transfer  his,  her  or  their  right  to  payments to which he, she or they are
entitled  under  this  Agreement. Except insofar as may otherwise be required by
law,  any Supplemental Retirement Benefit payable under this Agreement shall not
be  subject  in  any  manner  to  alienation  by  anticipation,  sale, transfer,
assignment,  pledge  or  encumbrance,  nor  subject  to the debts, contracts, or
liabilities  of  Forsythe  or  his  spouse  or  other  Beneficiaries.

     11.  CONTINUED  EMPLOYMENT.  This  Agreement  shall  not  be  construed  as
          ---------------------
conferring  on  Forsythe  a  right  to  continued  employment  with  the  Bank.

     12.  FUNDING.
          -------

          (a) The Supplemental Retirement Benefit at all times shall be entirely
     unfunded,  and  no  provision  shall  at  any  time be made with respect to
     segregating  any assets of the Bank for payments of any benefits hereunder,
     except  that in the event of a Change of Control, the Bank, within five (5)
     days  of  such  Change  of  Control,  shall fund a grantor trust within the
     meaning  of  section 671 of the Code with an amount sufficient to cover all
     potential  liabilities  under  this  Agreement.

          (b)  Neither Forsythe nor his spouse or other Beneficiaries shall have
     any interest in any particular assets of the Bank by reason of the right to
     receive  a  benefit  under this Agreement. Forsythe and his spouse or other
     Beneficiaries  shall have only the rights of general unsecured creditors of
     the  Bank  with  respect  to  any  rights  under  this  Agreement.

          (c)  Nothing  contained in this Agreement shall constitute a guarantee
     by  the  Bank  or  any entity or person that the assets of the Bank will be
     sufficient  to  pay  any  benefit  hereunder.

     13.  WITHHOLDING.  Any  payment  made  pursuant  to this Agreement shall be
          -----------
reduced by federal and state income, FICA or other employee payroll, withholding
or other similar taxes the Bank may be required to withhold. In addition, as the
Supplemental  Retirement  Benefit  accrues during Forsythe's employment with the
Bank,  the  Bank may withhold from Forsythe's regular compensation from the Bank
any  FICA or other employee payroll, withholding or other similar taxes the Bank
may  be  required  to  withhold.

     14. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon, and shall
         ----------------------
inure  to  the  benefit  of,  the  successors  and  assigns  of  the  Bank.

     15.  APPLICABLE  LAW. This Agreement shall be construed and administered in
          ---------------
accordance  with  the  laws  of  the  State  of  New  York, except to the extent
preempted  by  federal  law.

     16.  AMENDMENT.  This  Agreement  may not be amended, modified or otherwise
          ---------
altered  except  by  written  instrument  executed  by  both  parties.

                                      II-30
<PAGE>
     17.  ENTIRE  AGREEMENT. This Agreement constitutes the entire agreement and
          -----------------
understanding  of  the  parties,  and  supersedes  all  prior  agreements  or
understanding  (whether  oral  or  written)  between  the  parties,  relating to
deferred  compensation  and/or  supplemental  retirement  income.

                                      II-31
<PAGE>
The  parties  hereby  execute  this  Agreement  as  follows:

                         NBT BANCORP INC.

                         By: /s/ Andrew Kowalczyk Jr.

Date:  1/28/02                   Its:  Chairman  Compensation  Committee

                         NBT BANK, NATIONAL ASSOCIATION

                         By:  /s/  Michael  J.  Chewens

Date:  1/28/02                     Its:  Secretary

Date:  1/28/02           /s/  Daryl  R.  Forsythe
                         DARYL R. FORSYTHE

                                      II-32
<PAGE>Exhibit 10.18
Amendment dated January 28, 2002 to Death Benefits Agreement between NBT Bancorp
     Inc.,  NBT Bank, National Association and Daryl R. Forsythe made August 22,
     1995.

                                      II-33
<PAGE>
                      AMENDMENT TO DEATH BENEFITS AGREEMENT

     THIS  AGREEMENT (this "Agreement") is made and entered into effective as of
the  28  day  of  January,  2002,  by  and  among  NBT  BANCORP INC., a Delaware
corporation,  and NBT Bank, N.A., a national banking association organized under
the  laws  of  the  United  States  (hereinafter referred to collectively as the
"Bank"),  Daryl  R.  Forsythe  (the  "Employee").

               WHEREAS,  the  Bank and the Employee have entered to that certain
Death  Benefits  Agreement  dated  as of August 22, 1995 (the "1995 Agreement");

               WHEREAS,  the  1995  Agreement  may  be  amended  by  a  written
instrument  signed  by  the  Bank  and  the  Employee;  and

               WHEREAS,  the  Bank  and  the  Employee  desire to amend the 1995
Agreement  as  set  out  in  this  Agreement.

               NOW,  THEREFORE,  the  parties  agree  as  follows:

               1.   Section  1 of Article IX of the 1995 Agreement is amended to
                    read  in  its  entirety  as  follows:

     1.     THIS  AGREEMENT  MAY BE TERMINATED AT ANY TIME WHILE THE EMPLOYEE IS
LIVING  BY  A  WRITTEN INSTRUMENT SIGNED BY THE BANK AND THE EMPLOYEE, PROVIDED,
THAT  THE BANK MAY TERMINATE THIS AGREEMENT BY WRITTEN NOTICE TO THE EMPLOYEE AT
ANY TIME AFTER THE EMPLOYEE HAS CEASED TO BE THE CHAIRMAN OF THE BANK OTHER THAN
BECAUSE  OF  HIS  DEATH;  AND,  IN ANY EVENT, THIS AGREEMENT WILL TERMINATE UPON
TERMINATION OF THE EMPLOYEE'S EMPLOYMENT WITH THE BANK FOR ANY REASON OTHER THAN
HIS  DEATH.

               2.   The  following new sentence is added to the end of Article X
                    of  the  1995  Agreement:

     WITHOUT LIMITING THE FOREGOING, FOLLOWING TERMINATION OF THIS AGREEMENT, TO
THE  EXTENT PERMITTED BY THE POLICY, THE BANK MAY DESIGNATE ANY OFFICER OR OTHER
EMPLOYEE  OF  THE  BANK  AS  THE  INSURED UNDER THE POLICY AND MAY CONTINUE THIS
AGREEMENT  WITH  SUCH  OFFICER  OR  EMPLOYEE.

               3.   The foregoing amendments shall be effective upon the date of
                    this  Agreement.

     4.   In  other  respects,  the  1995 Agreement shall continue in full force
and  effect.
The  parties  hereby  execute  this  Agreement  as  follows:

                                NBT BANCORP INC.

                                By: /s/ Andrew Kowalczyk Jr.

Date:  1/28/02                          Its:  Chairman  Compensation  Committee

                                NBT BANK, NATIONAL ASSOCIATION

                                By: /s/ Michael J. Chewens

Date:  1/28/02                          Its:  Secretary

Date:  1/28/02                  /s/  Daryl  R.  Forsythe
                                DARYL R. FORSYTHE

                                      II-34
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}]]