Document:

Exhibit 10.13
           NBT Bancorp Inc. 2002 Executive Incentive Compensation Plan

<PAGE>

                        NBT BANCORP INC. AND SUBSIDIARIES

                   2002 EXECUTIVE INCENTIVE COMPENSATION PLAN

<PAGE>
                        NBT BANCORP INC. AND SUBSIDIARIES

                   2002 EXECUTIVE INCENTIVE COMPENSATION PLAN
                   ------------------------------------------

                                Table of Contents

                                                                      Page
                                                                   ----------
Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . .         1-2

Incentive Plan
--------------

Section I - Definitions . . . . . . . . . . . . . . . . . . . . . .           3

Section II - Participation. . . . . . . . . . . . . . . . . . . . .           4

Section III - Activating the Plan . . . . . . . . . . . . . . . . .           4

Section IV - Calculation of Awards. . . . . . . . . . . . . . . . .           4

Section V - President's Special Recommendations . . . . . . . . . .           4

Section VI - Distribution of Awards . . . . . . . . . . . . . . . .           5

Section VII - Plan Administration . . . . . . . . . . . . . . . . .           5

Section VIII - Amendment, Modification, Suspension or Termination .           5

Section IX - Effective Date . . . . . . . . . . . . . . . . . . . .           5

Section X - Employer Relations with Participants. . . . . . . . . .           6

Section XI - Governing Law. . . . . . . . . . . . . . . . . . . . .           6

Incentive Plan Participants and Distribution of Awards. . . . . . .  Appendix A

<PAGE>
     NBT  BANCORP  INC.  AND  SUBSIDIARIES

     Introduction
     ------------

It  is important to examine the benefits that accrue to the organization through
the  operation  of  the  Executive Incentive Compensation Plan (EICP).  The Plan
impacts  directly  on  the  success  of  the organization and its purpose can be
summarized  as  follows:

     *     Provides  Motivation:  The  opportunity for incentive awards provides
           ---------------------
           Executives  with  the  impetus  to  "stretch"  for  challenging,  yet
           attainable,  goals.

     *     Provides  Retention:  By  enhancing  the  organization's  competitive
           --------------------
           compensation  posture.

     *     Provides  Management  Team  Building:  By  making the incentive award
           -------------------------------------
           dependent  on  the  attainment  of  organization  goals,  a  "team
           orientation"  is  fostered  among  the  participant  group.

     *     Provides  Individual  Motivation:  By  encouraging the participant to
           ---------------------------------
           make  significant  personal  contribution  to  the  corporate effort.

     -     Provides  Competitive  Compensation  Strategy: The implementation of
           ----------------------------------------------
           incentive  arrangements  is  competitive with current practice in the
           banking  industry.

                                       -1-
<PAGE>
Highlights  of  the 2002 Executive Incentive Compensation Plan (EICP) are listed
below:

     1.    The  Plan  is  competitive  compared  with  similar  sized  banking
           organizations  and  the  banking  industry  in  general.

     2.    The  Compensation  Committee  of the Board of Directors controls all
           aspects  of  the  Plan.

     3.    All  active  Executives  are  eligible  for  participation.

     4.    The  financial  criteria  necessary  for  Plan  operation consist of
           achieving  certain levels of Earnings Per Share (EPS) for the Company
           and  its Subsidiaries as applicable. Certain non-recurring events may
           be  excluded  from  the financials at the discretion of the President
           and  CEO  and  the  Compensation  Committee.

     5.    Incentive distributions will be made during the first quarter of the
           year  following  the  Plan  Year  and  will be based on the matrix in
           Appendix  A.

     6.    Incentive  awards  will be based on attainment of corporate goals.
           Total  incentive  awards  may  contain  Corporate,  Subsidiary  and
           Individual  components.  The  Corporate and Subsidiary components are
           awarded by virtue of performance related to pre-established goals and
           the  individual  component  is  awarded  by  virtue  of  individual
           performance related to individual goals. No bonus will be paid unless
           the  Corporation  attains  its  pre-established  goals.

                                       -2-
<PAGE>
                        NBT BANCORP INC. AND SUBSIDIARIES

The  Board  of  Directors  has  established  this  2002  Executive  Incentive
Compensation  Plan.  The  purpose  of  the  Plan is to meet and exceed financial
goals and to promote a superior level of performance relative to the competition
in  our  market  areas.  Through  payment  of incentive compensation beyond base
salaries,  the  Plan  provides reward for meeting and exceeding financial goals.

SECTION  I  -  DEFINITIONS
               -----------
     Various  terms  used  in  the  Plan  are  defined  as  follows:

     Base  Salary:  The  base  salary at the end of the Plan Year, excluding any
     -------------
     bonuses, contributions to Executive benefit programs, or other compensation
     not  designated  as  salary.

     Board  of  Directors:  The  Board  of  Directors  of  NBT  Bancorp,  Inc.
     ---------------------

     President  &  CEO:  The  Chairman,  President  &  CEO  of  NBT Bancorp Inc.
     ------------------

     Corporate Goals:  Those pre-established objectives and goals of NBT Bancorp
     ----------------
     Inc.  which are required to activate distribution of awards under the Plan.

     Subsidiary  Goals:  Those  pre-established objectives and goals which apply
     ------------------
     to each of the Banking Divisions of NBT Bancorp Inc. and which may activate
     distribution  of  awards  under  the  Plan.

     Individual Goals:  Key objectives mutually agreed upon between participants
     -----------------
     and  management.

     Compensation Committee:  The Compensation Committee of the NBT Bancorp Inc.
     -----------------------
     Board  of  Directors.

     Plan  Participant:  An  eligible  Executive  as  designated  by the CEO and
     ------------------
     approved by the Compensation Committee for participation for the Plan Year.

     Plan  Year:  The  2002  calendar  year.
     -----------

                                       -3-
<PAGE>

SECTION  II  -  ELIGIBILITY  TO  PARTICIPATE
                ----------------------------

To  be  eligible  for  an  award  under  the Plan, a Plan participant must be an
Executive  in  full-time service at the start and close of the calendar year and
at  the  time  of the award.  Newly hired employees may be designated by the CEO
and  approved  by  the  Compensation  Committee  as  eligible  for  an  award as
determined  by  their date of hire or any relevant employment agreement.  A Plan
participant must be in the same or equivalent position, at year end as they were
when named a participant or have been promoted during the course of the year, to
be  eligible for an award.  If a Plan participant voluntarily leaves the company
prior  to  the payment of the award, he/she is not eligible to receive an award.
However,  if  the  active  full-time  service  of  a  participant in the Plan is
terminated  by  death,  disability,  retirement,  or if the participant is on an
approved  leave  of absence, an award will be recommended for such a participant
based  on  the  proportion  of  the Plan Year that he/she was in active service.

SECTION  III  -  ACTIVATING  THE  PLAN
                 ---------------------

The  operation  of  the Plan is predicated on attaining and exceeding management
performance goals.  The goals will consist of the attainment of certain Earnings
Per Share (EPS) levels as applicable.  Non-recurring events may be excluded from
the  financial  results  at  the  discretion  of  the  President and CEO and the
Compensation Committee.  The Corporation must achieve a minimum EPS set forth in
Appendix  A  to  trigger  an  award  pursuant  to  the  terms  of  this  Plan.

SECTION  IV  -  CALCULATION  OF  AWARDS
                -----------------------

The Compensation Committee designates the incentive formula as shown in Appendix
A.  The  Compensation  Committee  will  make final decisions with respect to all
incentive  awards  and  will have final approval over all incentive awards.  The
individual  participant  data  regarding  maximum  award  and  formulas  used in
calculation  has  been  customized  and  appears  as  Appendix  A.

SECTION  V  -  SPECIAL  RECOMMENDATIONS
               ------------------------

The  President  and CEO will recommend to the Compensation Committee the amounts
to  be  awarded  to  individual participants in the incentive Plan.  The CEO may
recommend a change beyond the formula to a bonus award (increase or decrease) to
an  individual  participant  by  a  specified  percentage based on assessment of
special  individual  performance  beyond the individual goals.  The Compensation
Committee  may  amend  the  CEO's  bonus  award.  No award will be granted to an
Executive  whose  performance  is  unacceptable.

                                       -4-
<PAGE>
SECTION  VI  -  DISTRIBUTION  OF  AWARDS
                ------------------------

Distribution  of  the  EICP  will  be  made during the first quarter of the year
following  the  plan.  Distribution  of  the  award  must  be  approved  by  the
Compensation  Committee.

In  the  event  of death, any approved award earned under the provisions of this
plan will become payable to the beneficiary designated under this Plan; or if no
such  designation,  to the designated beneficiary of the participant as recorded
under  the  Company's group life insurance program; or in the absence of a valid
designation,  to  the  participant's  estate.

SECTION VII - PLAN ADMINISTRATION
              -------------------

 The Compensation Committee shall, with respect to the Plan have full power and
authority to construe, interpret, manage, control and administer this Plan. The
Committee shall decide upon cases in conformity with the objectives of the Plan
            under such rules as the Board of Directors may establish.

 Any decision made or action taken by NBT Bancorp Inc., the Board of Directors,
    or the Compensation Committee arising out of, or in connection with, the
    administration, interpretation, and effect of the Plan shall be at their
    absolute discretion and will be conclusive and binding on all parties. No
 member of the Board of Directors, Compensation Committee, or employee shall be
liable for any act or action hereunder, whether of omission or commission, by a
 Plan participant or employee or by any agent to whom duties in connection with
    the administration of the Plan have been delegated in accordance with the
                             provision of the Plan.

SECTION  VIII  -  AMENDMENT,  MODIFICATION,  SUSPENSION  OR  TERMINATION
                  ------------------------------------------------------

NBT  Bancorp  Inc.  reserves the right, by and through its Board of Directors to
amend,  modify,  suspend,  reinstate or terminate all or part of the Plan at any
time.  The  Compensation  Committee  will  give  prompt  written  notice to each
participant  of  any  amendment,  suspension  or  termination  or  any  material
modification of the Plan.  In the event of a merger or acquisition, the Plan and
related  financial  formulas  will be reviewed and adjusted to take into account
the  effect  of  such  activities.

SECTION  IX  -  EFFECTIVE  DATE  OF  THE  PLAN
                ------------------------------

            The effective date of the Plan shall be January 1, 2002.

                                       -5-
<PAGE>
SECTION  X  -  EMPLOYER  RELATION  WITH  PARTICIPANTS
               --------------------------------------

Neither  establishment  nor  the  maintenance  of the Plan shall be construed as
conferring  any  legal  rights  upon  any  participant  or  any  person  for  a
continuation of employment, nor shall it interfere with the right of an employer
to  discharge  any  participant or otherwise deal with him/her without regard to
the  existence  of  the  Plan.

SECTION  XI  -  GOVERNING  LAW
                --------------

  Except to the extent pre-empted under federal law, the provisions of the Plan
  shall be construed, administered and enforced in accordance with the domestic
 internal law of the State of New York. In the event of relevant changes in the
Internal Revenue Code, related rulings and regulations, changes imposed by other
  regulatory agencies affecting the continued appropriateness of the Plan and
  awards made thereunder, the Board may, at its sole discretion, accelerate or
  change the manner of payments of any unpaid awards or amend the provisions of
                                    the Plan.

                                       -6-
<PAGE>Exhibit 10.15
            Form of Employment Agreement between NBT Bancorp Inc. and
                  Daryl R. Forsythe made as of January 1, 2002.

                                      II-13
<PAGE>
                         EMPLOYMENT AGREEMENT (REVISED)

     This EMPLOYMENT AGREEMENT (the "Agreement") made and entered into as of the
first day of January, 2000 (and revised on January 22, 2001 and again on January
1, 2002) by and between DARYL R. FORSYTHE ("Executive") and NBT BANCORP INC., a
Delaware corporation having its principal office in Norwich, New York ("NBTB")

                          W I T N E S S E T H  T H A T:

     WHEREAS, Executive is the chairman, president and chief executive officer
of NBTB; and

     WHEREAS, NBTB desires to secure the continued employment of Executive,
subject to the provisions of this Agreement; and

     WHEREAS, Executive is desirous of entering into the Agreement for such
periods and upon the terms and conditions set forth herein;

     NOW, THEREFORE, in consideration of the premises and mutual covenants and
agreements hereinafter set forth, intending to be legally bound, the parties
agree as follows:

     1.     Employment; Responsibilities and Duties.
            ---------------------------------------

          (a)     NBTB hereby agrees to employ Executive, and Executive hereby
agrees to serve as the chairman, president and chief executive officer of NBTB.
Executive shall have such executive duties, responsibilities, and authority as
shall be set forth in the bylaws of NBTB or as may otherwise be determined by
NBTB.

          (b)     Executive shall devote his full working time and best efforts
to the performance of his responsibilities and duties hereunder.  During the
Term of Employment, Executive shall not, without the prior written consent of
the Board of Directors of NBTB, render services as an employee, independent
contractor, or otherwise, whether or not compensated, to any person or entity
other than NBTB or its affiliates; provided that Executive may, where
involvement in such activities does not individually or in the aggregate
significantly interfere with the performance by Executive of his duties or
violate the provisions of section 4 hereof, (i) render services to charitable
organizations, (ii) manage his personal investments, and (iii) with the prior
permission of the Board of Directors of NBTB, hold such other directorships or
part-time academic appointments or have such other business affiliations as
would otherwise be prohibited under this section 1.

     2.     Term of Employment.
            ------------------

          (a)     The term of this Agreement ("Term of Employment") shall be the
period commencing on the date of this Agreement (the "Commencement Date") and
continuing until the Termination Date, which shall mean the earliest to occur
of:

               (i)     the Executive's 60th birthday (August 2, 2003), unless
the Term of Employment shall be extended for one or two additional year(s) by
the mutual agreement of the parties;

               (ii)     the death of Executive;

               (iii)     Executive's inability to perform his duties hereunder,
as a result of physical or mental disability as reasonably determined by the
personal physician of Executive, for a period of at least 180 consecutive days
or for at least 180 days during any period of twelve consecutive months during
the Term of Employment; or

               (iv)     the discharge of Executive by NBTB "for cause," which
shall mean one or more of the following:

                    (A)     any willful or gross misconduct by Executive with
respect to the business and affairs of NBTB or with respect to any of its
affiliates for which Executive is assigned material responsibilities or duties;

                                      II-14
<PAGE>
                    (B)     the conviction of Executive of a felony (after the
earlier of the expiration of any applicable appeal period without perfection of
an appeal by Executive or the denial of any appeal as to which no further appeal
or review is available to Executive) whether or not committed in the course of
his employment by NBTB;

                    (C)     Executive's willful neglect, failure, or refusal to
carry out his duties hereunder in a reasonable manner (other than any such
failure resulting from disability or death or from termination by Executive for
Good Reason, as hereinafter defined) after a written demand for substantial
performance is delivered to Executive that specifically identifies the manner in
which NBTB believes that Executive has not substantially performed his duties
and Executive has not resumed substantial performance of his duties on a
continuous basis within thirty days of receiving such demand; or

                    (D)     the breach by Executive of any representation or
warranty in section 6(a) hereof or of any agreement contained in section 1, 4,
5, or 6(b) hereof, which breach is material and adverse to NBTB or any of its
affiliates for which Executive is assigned material responsibilities or duties;
or

               (v)     Executive's resignation from his position as chairman,
president, or chief executive officer of NBTB for other than "Good Reason," as
hereinafter defined; or

               (vi)     the termination of Executive's employment by NBTB
"without cause," which shall be for any reason other than those set forth in
subsections (i), (ii), (iii), (iv), or (v) of this section 2(a), at any time,
upon the thirtieth day following notice to Executive; or

               (vii)     Executive's resignation for "Good Reason."

"Good Reason" shall mean, without Executive's express written consent,
reassignment of Executive to a position other than as set forth in section 1(a)
of this Agreement other than for "Cause," or a decrease in the amount or level
of Executive's salary or benefits from the amount or level established in
section 3 hereof.

          (b)     In the event that the Term of Employment shall be terminated
for any reason other than that set forth in section 2(a)(vi) or 2(a)(vii)
hereof, Executive shall be entitled to receive, upon the occurrence of any such
event:

               (i)     any salary (as hereinafter defined) payable pursuant to
section 3(a)(i) hereof which shall have accrued as of the Termination Date; and

               (ii)     such rights as Executive shall have accrued as of the
Termination Date under the terms of any plans or arrangements in which he
participates pursuant to section 3(b) hereof, any right to reimbursement for
expenses accrued as of the Termination Date payable pursuant to section 3(h)
hereof, and the right to receive the cash equivalent of paid annual leave and
sick leave accrued as of the Termination Date pursuant to section 3(d) hereof.

          (c)     In the event that the Term of Employment shall be terminated
for the reason set forth in section 2(a)(vi) or 2(a)(vii) hereof, Executive
shall be entitled to receive:

               (i)     any salary payable pursuant to section 3(a)(i) hereof
which shall have accrued as of the Termination Date, and, for the period
commencing on the date immediately following the Termination Date and ending
upon and including the later of the third anniversary of the Commencement Date
or the second anniversary of the Termination Date, salary payable at the rate
established pursuant to section 3(a)(i) hereof, in a manner consistent with the
normal payroll practices of NBTB with respect to executive personnel as
presently in effect or as they may be modified by NBTB from time to time; and

               (ii)     such rights as Executive may have accrued as of the
Termination Date under the terms of any plans or arrangements in which he
participates pursuant to section 3(b) hereof, any right to reimbursement for
expenses accrued as of the Termination Date payable pursuant to section 3(h)
hereof, and the right to receive the cash equivalent of paid annual leave and
sick leave accrued as of the Termination Date pursuant to section 3(d) hereof.

          (d)     Any provision of this section 2 to the contrary
notwithstanding, in the event that the employment of Executive with NBTB is
terminated in any situation described in section 3 of the change-in-control
letter agreement

                                      II-15
<PAGE>
dated July 23, 2001 between NBTB and Executive (the "Change-in-Control
Agreement") so as to entitle Executive to a severance payment and other benefits
described in section 3 of the Change-in-Control Agreement, then Executive shall
be entitled to receive the following, and no more, under this section 2:

               (i)     any salary payable pursuant to section 3(a)(i) hereof
which shall have accrued as of the Termination Date;

               (ii)     such rights as Executive shall have accrued as of the
Termination Date under the terms of any plans or arrangements in which he
participates pursuant to section 3(b) hereof, any right to reimbursement for
expenses accrued as of the Termination Date payable pursuant to section 3(h)
hereof, and the right to receive the cash equivalent of paid annual leave and
sick leave accrued as of the Termination Date pursuant to section 3(d) hereof;
and

               (iii)     the severance payment and other benefits provided in
the Change-in-Control Agreement.

     3.     Compensation.  For the services to be performed by Executive for
            ------------
NBTB and its affiliates under this Agreement, Executive shall be compensated in
the following manner:

          (a)     Salary.
                  ------

               (i)     NBTB shall pay Executive a salary which, on an annual
basis, shall not be less than $375,000 in 2002 and $425,000 in 2003.  NBTB
further agrees that in the event that the Term of Agreement shall be extended
pursuant to section 2(a)(i), NBTB shall pay Executive a mutually agreed upon
salary which shall not be less than the salary in effect as of August 2, 2003.
Salary shall be payable in accordance with the normal payroll practices of NBTB
with respect to executive personnel as presently in effect or as they may be
modified by NBTB from time to time.

               (ii)     Executive shall be eligible to be considered for
performance bonuses commensurate with Executive's title and salary grade, in
accordance with the compensation policies of NBTB with respect to executive
personnel as presently in effect or as they may be modified by NBTB from time to
time.

          (b)     Employee Benefit Plans or Arrangements.  During the Term of
                  --------------------------------------
Employment, Executive shall be entitled to participate in all employee benefit
plans of NBTB, as presently in effect or as they may be modified by NBTB from
time to time, under such terms as may be applicable to officers of Executive's
rank employed by NBTB or its affiliates, including, without limitation, plans
providing retirement benefits, stock options, medical insurance, life insurance,
disability insurance, and accidental death or dismemberment insurance, provided
that there be no duplication of such benefits as are provided under any other
provision of this Agreement.

          (c)     Stock Options.  Each January or February annually during the
                  -------------
Term of Employment, NBTB will cause Executive to be granted a non-statutory
("non-qualified") stock option (each an "Option") to purchase the number of
shares of the common stock of NBTB, $0.01 par value (the "NBTB Common Stock"),
pursuant to the NBT Bancorp Inc. 1993 Stock Option Plan, as amended, or any
appropriate successor plan (the "Stock Option Plan"), computed by using a
formula approved by NBTB that is commensurate with the Executive's title and
salary grade.  The option exercise price per share of the shares subject to each
Option shall be such Fair Market Value, and the terms, conditions of exercise,
and vesting schedule of such Option shall be as set forth in section 8 of the
Stock Option Plan.

          (d)     Vacation and Sick Leave.   During the Term of Employment,
                  -----------------------
Executive shall be entitled to paid annual vacation periods and sick leave in
accordance with the policies of NBTB as in effect as of the Commencement Date or
as may be modified by NBTB from time to time as may be applicable to officers of
Executive's rank employed by NBTB or its affiliates, but in no event less than
five weeks of paid vacation during any year of the Term of Employment.  In
addition, and continuing for any additional year(s), if any, by which the Term
of Employment shall be extended pursuant to section 2(a)(i), Executive shall
also be excused from physical presence at NBTB headquarters (52 S. Broad Street,
Norwich, New York) during the months of January, February and March except on an
as - required basis as mutually agreed by the Board of Directors of NBTB and
Executive.

          (e)     Automobile.  During the Term of Employment, Executive shall be
                  ----------
entitled to the use of an automobile owned by NBTB or an affiliate of NBTB, the
make and model of which automobile shall be appropriate to an

                                      II-16
<PAGE>
officer of Executive's rank, and which will be replaced with a new automobile
every two years (or earlier if accumulated mileage exceeds 50,000 miles).
Executive shall be responsible for all expenses of ownership and use of such
automobile, subject to reimbursement of expenses for business use in accordance
with section 3(h).

          (f)     Country Club Dues.  During the Term of Employment, Executive
                  -----------------
shall be reimbursed for dues and assessments incurred in relation to Executive's
membership at a country club(s) mutually agreed upon by the Board of Directors
of NBTB and Executive.  Such reimbursement during the initial year of membership
shall include any and all initiation fees incurred with respect to Executive's
membership at selected club(s).

          (g)     Withholding.  All compensation to be paid to Executive
                  -----------
hereunder shall be subject to required withholding and other taxes.

          (h)     Expenses.  During the Term of Employment, Executive shall be
                  --------
reimbursed for reasonable travel and other expenses incurred or paid by
Executive in connection with the performance of his services under this
Agreement, upon presentation of expense statements or vouchers or such other
supporting information as may from time to time be requested, in accordance with
such policies of NBTB as are in effect as of the Commencement Date and as may be
modified by NBTB from time to time, under such terms as may be applicable to
officers of Executive's rank employed by NBTB or its affiliates.

     4.     Confidential Business Information; Non-Competition.
            --------------------------------------------------

          (a)     Executive acknowledges that certain business methods, creative
techniques, and technical data of NBTB and its affiliates and the like are
deemed by NBTB to be and are in fact confidential business information of NBTB
or its affiliates or are entrusted to third parties.  Such confidential
information includes but is not limited to procedures, methods, sales
relationships developed while in the service of NBTB or its affiliates,
knowledge of customers and their requirements, marketing plans, marketing
information, studies, forecasts, and surveys, competitive analyses, mailing and
marketing lists, new business proposals, lists of vendors, consultants, and
other persons who render service or provide material to NBTB or its affiliates,
and compositions, ideas, plans, and methods belonging to or related to the
affairs of NBTB or its affiliates.  In this regard, NBTB asserts proprietary
rights in all of its business information and that of its affiliates except for
such information as is clearly in the public domain.  Notwithstanding the
foregoing, information that would be generally known or available to persons
skilled in Executive's fields shall be considered to be "clearly in the public
domain" for the purposes of the preceding sentence.  Executive agrees that he
will not disclose or divulge to any third party, except as may be required by
his duties hereunder, by law, regulation, or order of a court or government
authority, or as directed by NBTB, nor shall he use to the detriment of NBTB or
its affiliates or use in any business or on behalf of any business competitive
with or substantially similar to any business of NBTB or its affiliates, any
confidential business information obtained during the course of his employment
by NBTB.  The foregoing shall not be construed as restricting Executive from
disclosing such information to the employees of NBTB or its affiliates.  On or
before the Termination Date, Executive shall promptly deliver to NBTB any and
all tangible, confidential information in his possession.

          (b)     Executive hereby agrees that from the Commencement Date until
the first anniversary of the Termination Date, Executive will not (i) interfere
with the relationship of NBTB or its affiliates with any of their employees,
suppliers, agents, or representatives (including, without limitation, causing or
helping another business to hire any employee of NBTB or its affiliates), or
(ii) directly or indirectly divert or attempt to divert from NBTB or its
affiliates any business in which any of them has been actively engaged during
the Term of Employment, nor interfere with the relationship of NBTB or its
affiliates with any of their customers or prospective customers.  This paragraph
4(b) shall not, in and of itself, prohibit Executive from engaging in the
banking, trust, or financial services business in any capacity, including that
of an owner or employee.

          (c)     Executive acknowledges and agrees that irreparable injury will
result to NBTB in the event of a breach of any of the provisions of this section
4 (the "Designated Provisions") and that NBTB will have no adequate remedy at
law with respect thereto.  Accordingly, in the event of a material breach of any
Designated Provision, and in addition to any other legal or equitable remedy
NBTB may have, NBTB shall be entitled to the entry of a preliminary and
permanent injunction (including, without limitation, specific performance) by a
court of competent jurisdiction in Chenango County, New York, or elsewhere, to
restrain the violation or breach thereof by Executive, and Executive submits to
the jurisdiction of such court in any such action.

                                      II-17
<PAGE>
          (d)     It is the desire and intent of the parties that the provisions
of this section 4 shall be enforced to the fullest extent permissible under the
laws and public policies applied in each jurisdiction in which enforcement is
sought.  Accordingly, if any particular provision of this section 4 shall be
adjudicated to be invalid or unenforceable, such provision shall be deemed
amended to delete therefrom the portion thus adjudicated to be invalid or
unenforceable, such deletion to apply only with respect to the operation of such
provision in the particular jurisdiction in which such adjudication is made.  In
addition, should any court determine that the provisions of this section 4 shall
be unenforceable with respect to scope, duration, or geographic area, such court
shall be empowered to substitute, to the extent enforceable, provisions similar
hereto or other provisions so as to provide to NBTB, to the fullest extent
permitted by applicable law, the benefits intended by this section 4.

     5.     Life Insurance.  In light of the unusual abilities and experience of
            --------------
Executive, NBTB in its discretion may apply for and procure as owner and for its
own benefit insurance on the life of Executive, in such amount and in such form
as NBTB may choose.  NBTB shall make all payments for such insurance and shall
receive all benefits from it.  Executive shall have no interest whatsoever in
any such policy or policies but, at the request of NBTB, shall submit to medical
examinations and supply such information and execute such documents as may
reasonably be required by the insurance company or companies to which NBTB has
applied for insurance.

     6.     Representations and Warranties.
            ------------------------------

          (a)     Executive represents and warrants to NBTB that his execution,
delivery, and performance of this Agreement will not result in or constitute a
breach of or conflict with any term, covenant, condition, or provision of any
commitment, contract, or other agreement or instrument, including, without
limitation, any other employment agreement, to which Executive is or has been a
party.

          (b)     Executive shall indemnify, defend, and hold harmless NBTB for,
from, and against any and all losses, claims, suits, damages, expenses, or
liabilities, including court costs and counsel fees, which NBTB has incurred or
to which NBTB may become subject, insofar as such losses, claims, suits,
damages, expenses, liabilities, costs, or fees arise out of or are based upon
any failure of any representation or warranty of Executive in section 6(a)
hereof to be true and correct when made.

     7.     Notices.  All notices, consents, waivers, or other communications
            -------
which are required or permitted hereunder shall be in writing and deemed to have
been duly given if delivered personally or by messenger, transmitted by telex or
telegram, by express courier, or sent by registered or certified mail, return
receipt requested, postage prepaid.  All communications shall be addressed to
the appropriate address of each party as follows:

If to NBTB:

     NBT Bancorp Inc.
     52 South Broad Street
     Norwich, New York  13815

     Attention:     Board of Directors

With a required copy to:

     NBT Bancorp Inc. Corporate Counsel

If to Executive:

     Mr. Daryl R. Forsythe
     21 Ridgeland Road
     Norwich, New York 13815

All such notices shall be deemed to have been given on the date delivered,
transmitted, or mailed in the manner provided above.

     8.     Assignment.  Neither party may assign this Agreement or any rights
            ----------
or obligations hereunder without the consent of the other party.

                                      II-18
<PAGE>
     9.     Governing Law.  This Agreement shall be governed by, construed, and
            -------------
enforced in accordance with the laws of the State of New York, without giving
effect to the principles of conflict of law thereof.  The parties hereby
designate Chenango County, New York to be the proper jurisdiction and venue for
any suit or action arising out of this Agreement.  Each of the parties consents
to personal jurisdiction in such venue for such a proceeding and agrees that it
may be served with process in any action with respect to this Agreement or the
transactions contemplated thereby by certified or registered mail, return
receipt requested, or to its registered agent for service of process in the
State of New York.  Each of the parties irrevocably and unconditionally waives
and agrees, to the fullest extent permitted by law, not to plead any objection
that it may now or hereafter have to the laying of venue or the convenience of
the forum of any action or claim with respect to this Agreement or the
transactions contemplated thereby brought in the courts aforesaid.

     10.     Entire Agreement.  This Agreement constitutes the entire
             ----------------
understanding among NBTB and Executive relating to the subject matter hereof.
Any previous agreements or understandings between the parties hereto or between
Executive and NBTB or any of its affiliates regarding the subject matter hereof,
including without limitation the terms and conditions of employment,
compensation, benefits, retirement, competition following employment, and the
like, are merged into and superseded by this Agreement.  Neither this Agreement
nor any provisions hereof can be modified, changed, discharged, or terminated
except by an instrument in writing signed by the party against whom any waiver,
change, discharge, or termination is sought.

     11.     Illegality; Severability.
             ------------------------

          (a)     Anything in this Agreement to the contrary notwithstanding,
this Agreement is not intended and shall not be construed to require any payment
to Executive which would violate any federal or state statute or regulation,
including without limitation the "golden parachute payment regulations" of the
Federal Deposit Insurance Corporation codified to Part 359 of title 12, Code of
Federal Regulations.

          (b)     If any provision or provisions of this Agreement shall be held
to be invalid, illegal, or unenforceable for any reason whatsoever:

               (i)     the validity, legality, and enforceability of the
remaining provisions of this Agreement (including, without limitation, each
portion of any section of this Agreement containing any such provision held to
be invalid, illegal, or unenforceable) shall not in any way be affected or
impaired thereby; and

               (ii)     to the fullest extent possible, the provisions of this
Agreement (including, without limitation, each portion of any section of this
Agreement containing any such provisions held to be invalid, illegal, or
unenforceable) shall be construed so as to give effect to the intent manifested
by the provision held invalid, illegal, or unenforceable.

     12.     Arbitration.  Subject to the right of each party to seek specific
             -----------
performance (which right shall not be subject to arbitration), if a dispute
arises out of or related to this Agreement, or the breach thereof, such dispute
shall be referred to arbitration in accordance with the Commercial Arbitration
Rules of the American Arbitration Association ("AAA").  A dispute subject to the
provisions of this section will exist if either party notifies the other party
in writing that a dispute subject to arbitration exists and states, with
reasonable specificity, the issue subject to arbitration (the "Arbitration
Notice").  The parties agree that, after the issuance of the Arbitration Notice,
the parties will try in good faith to resolve the dispute by mediation in
accordance with the Commercial Rules of Arbitration of AAA between the date of
the issuance of the Arbitration Notice and the date the dispute is set for
arbitration.  If the dispute is not settled by the date set for arbitration,
then any controversy or claim arising out of this Agreement or the breach hereof
shall be resolved by binding arbitration and judgment upon any award rendered by
arbitrator(s) may be entered in a court having jurisdiction.  Any person serving
as a mediator or arbitrator must have at least ten years' experience in
resolving commercial disputes through arbitration.  In the event any claim or
dispute involves an amount in excess of $100,000, either party may request that
the matter be heard by a panel of three arbitrators; otherwise all matters
subject to arbitration shall be heard and resolved by a single arbitrator.  The
arbitrator shall have the same power to compel the attendance of witnesses and
to order the production of documents or other materials and to enforce discovery
as could be exercised by a United States District Court judge sitting in the
Northern District of New York.  In the event of any arbitration, each party
shall have a reasonable right to conduct discovery to the same extent permitted
by the Federal Rules of Civil Procedure, provided that such discovery shall be
concluded within ninety days after the date the matter is set for arbitration.
In the event of any arbitration, the

                                      II-19
<PAGE>
arbitrator or arbitrators shall have the power to award reasonable attorney's
fees to the prevailing party. Any provision in this Agreement to the contrary
notwithstanding, this section shall be governed by the Federal Arbitration Act
and the parties have entered into this Agreement pursuant to such Act.

     13.     Costs of Litigation.  In the event litigation is commenced to
             -------------------
enforce any of the provisions hereof, or to obtain declaratory relief in
connection with any of the provisions hereof, the prevailing party shall be
entitled to recover reasonable attorney's fees.  In the event this Agreement is
asserted in any litigation as a defense to any liability, claim, demand, action,
cause of action, or right asserted in such litigation, the party prevailing on
the issue of that defense shall be entitled to recovery of reasonable attorney's
fees.

     14.     Affiliation.  A company will be deemed to be "affiliated" with NBTB
             -----------
according to the definition of "Affiliate" set forth in Rule 12b-2 of the
General Rules and Regulations under the Securities Exchange Act of 1934, as
amended.

     15.     Headings.  The section and subsection headings herein have been
             --------
inserted for convenience of reference only and shall in no way modify or
restrict any of the terms or provisions hereof.

                                      II-20
<PAGE>
     IN WITNESS WHEREOF, the parties hereto executed or caused this Agreement to
be executed as of the day and year first above written.

NBT BANCORP INC.

                                       By: /s/ANDREW KOWALCZYK, JR.
                                           ---
                                       CHAIRMAN OF THE COMPENSATION
                                       AND BENEFITS COMMITTEE OF
                                       NBT BANCORP INC.

                                       DARYL R. FORSYTHE

                                       /s/ Daryl R. Forsythe   1/28/02

                                      II-21
<PAGE>

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