Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 27, 2009, Pathfinder Bancorp, Inc. filed its Form 10-K and related
Proxy Statement with the U.S. Securities and Exchange Commission. At the time of
the filing, certain information relating to performance based bonuses to be paid
to the named executive officers was not available. That information is now
available and bonuses have been paid to named executive officers and others. In
accordance with Section 17 CFR 229.402, we disclose that performance based
bonuses of $17,900, $8,700 and $9,800 were distributed to Thomas W. Schneider,
Edward A. Mervine and Ronald Tascarella, respectively.