Ballston Spa Bancorp, Inc. Sample Contracts
AMENDMENT TO THEChange in Control Agreement • April 1st, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks • New York
This Amendment (the “Amendment”) is entered into as of this 1st day of April, 2026 by and between Ballston Spa Bancorp, Inc., a New York corporation (the “Bancorp”), and James J. Conroy (“Executive”). Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement (as defined below).
Ballston Spa National Bank Salary Continuation AgreementSalary Continuation Agreement • November 26th, 2025 • Ballston Spa Bancorp, Inc. • New York
This Salary Continuation Agreement (this “Agreement”) is entered into as of this 22nd day of November, 2019, by and between Ballston Spa National Bank (the “Bank”), a national bank, and Christopher R. Dowd, Chief Executive Officer of the Bank (the “Executive”).
Employment AgreementEmployment Agreement • November 26th, 2025 • Ballston Spa Bancorp, Inc. • New York
This Employment agreement (this “Agreement”) is entered into effective as of January 1, 2021 by and among Ballston Spa Bancorp, Inc., a New York corporation, Ballston Spa National Bank (the “Bank”), a national bank and a wholly owned subsidiary of Ballston Spa Bancorp, Inc., and Christopher R. Dowd (the “Executive”). Ballston Spa Bancorp, Inc. and the Bank are sometimes referred to in this Agreement individually or together as the “Employer.”
Change In Control AgreementChange in Control Agreement • January 23rd, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks • New York
This Change in Control Agreement (this “Agreement”) is dated this [*] day of [*] 2026, to be effective as of the Effective Date as defined in Section 19 below, by and between Ballston Spa Bancorp, Inc., a New York corporation (“Bancorp”), and Caitlin McCrea (the “Executive”).
SUBORDINATED NOTE PURCHASE AGREEMENTSubordinated Note Purchase Agreement • March 25th, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks • New York
This SUBORDINATED NOTE PURCHASE AGREEMENT (this “Agreement”) is dated as of March 25, 2026, and is made by and among Ballston Spa Bancorp, Inc. (“Issuer”), and each of the noteholders named on Schedule I hereto (each a “Noteholder” and together, the “Noteholders”). Capitalized terms that are not otherwise defined shall have the meanings set forth in Section 1 hereof.
EMPLOYMENT AGREEMENTEmployment Agreement • April 1st, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks • New York
This EMPLOYMENT AGREEMENT (this “Agreement”) is dated this 1st day of April, 2026, to be effective as of the Effective Date as defined in Section 8.14 below, by and among Ballston Spa Bancorp, Inc., a New York corporation, Ballston Spa National Bank (the “Bank”), a national bank and a wholly owned subsidiary of Ballston Spa Bancorp, Inc., and John A. Balli (the “Executive”). Ballston Spa Bancorp, Inc. and the Bank are sometimes referred to in this Agreement individually or together as the “Employer.”
Change In Control AgreementChange in Control Agreement • November 26th, 2025 • Ballston Spa Bancorp, Inc. • New York
This Change in Control Agreement (this “Agreement”) is entered into effective as of this 7th day of February, 2025, by and between Ballston Spa Bancorp, Inc., a New York corporation (“Bancorp”), and James F. Dodd, Executive Vice President – Chief Financial Officer of Ballston Spa National Bank (the “Bank”), a subsidiary of Bancorp (the “Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • January 23rd, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks
This EMPLOYMENT AGREEMENT (this “Agreement”) is dated this [*] day of [*], 2026, to be effective as of the Effective Date as defined in Section 8.14 below, by and among Ballston Spa Bancorp, Inc., a New York corporation, Ballston Spa National Bank (the “Bank”), a national bank and a wholly owned subsidiary of Ballston Spa Bancorp, Inc., and John A. Balli (the “Executive”). Ballston Spa Bancorp, Inc. and the Bank are sometimes referred to in this Agreement individually or together as the “Employer.”
AMENDED AND RESTATED Employment AgreementEmployment Agreement • April 1st, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks • New York
This AMENDED AND RESATED Employment agreement (this “Agreement”) is entered into effective as of April 1, 2026 by and among Ballston Spa Bancorp, Inc., a New York corporation, Ballston Spa National Bank (the “Bank”), a national bank and a wholly owned subsidiary of Ballston Spa Bancorp, Inc., and Christopher R. Dowd (the “Executive”). Ballston Spa Bancorp, Inc. and the Bank are sometimes referred to in this Agreement individually or together as the “Employer.”
Change In Control AgreementChange in Control Agreement • April 1st, 2026 • Ballston Spa Bancorp, Inc. • State commercial banks • New York
This Change in Control Agreement (this “Agreement”) is dated this 1st day of April 2026, to be effective as of the Effective Date as defined in Section 19 below, by and between Ballston Spa Bancorp, Inc., a New York corporation (“Bancorp”), and Caitlin McCrea (the “Executive”).