EX-4.02
from 10-K
4 pages
As of December 31, 2022, the Federal Home Loan Bank of New York (“Fhlbny”) Has One Class of Securities Registered Under Section 12 of the Securities Exchange Act of 1934, as Amended (The “Exchange Act”): Our Class B Stock, Putable, Par Value $100 Per Share (The “Class B Stock”), Which Is Registered Under Section 12(g) of the Exchange Act. Description of Class B Stock
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EX-4.02
from 10-K
4 pages
As of December 31, 2021, the Federal Home Loan Bank of New York (“Fhlbny”) Has One Class of Securities Registered Under Section 12 of the Securities Exchange Act of 1934, as Amended (The “Exchange Act”): Our Class B Stock, Putable, Par Value $100 Per Share (The “Class B Stock”), Which Is Registered Under Section 12(g) of the Exchange Act. Description of Class B Stock
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EX-10.01
from 10-Q
3 pages
As We Discussed, the Federal Home Loan Bank of New York (“Fhlbny” or the “Bank”) Is Prepared to Offer You This Retention Agreement (“Agreement”) Which Is Intended to Provide You With a Retention Incentive (“Retention Incentive”) in Exchange for and Subject to Your Signing and Returning This Agreement on or Before June 30, 2021 and Complying With the Conditions Contained Herein. the Purpose for Providing the Retention Incentive Is to Retain Your Employment With the Bank to Assist With the Implementation of the Bank’s Transition From the London Interbank Offered Rate (Commonly Known as “Libor”) to the Secured Overnight Financing Rate (Commonly Known as “Sofr”). 1. Retention Incentive in Consideration of Your Continued Employment With Fhlbny, the Fhlbny Shall Pay You a Retention Incentive in the Gross Amount of $100,000 if You Remain Employed With the Bank Through and Including June 30, 2023 (The “Qualifying Date”), Provided: A. You Remain Actively Employed by Fhlbny From the Date of This Agreement Through the Qualifying Date and Have No Performance Improvement Plans or Warnings That Are in Effect on the Qualifying Date; And, B. You Must Have Maintained the Confidentiality of the Terms and Conditions of This Agreement, and You Acknowledge and Understand That the Fhlbny Will Be Complying With the Requirements of the Securities Exchange Act of 1934. Nothing in This Letter Is Intended to Be, or Should Be Construed As, a Contract of Employment for a Definite Term. You Are, and Will Remain, Employed “At Will” by the Fhlbny. the Fhlbny Shall Pay the Retention Incentive, if You Otherwise Meet the Eligibility for It, Within 30 Days After the Qualifying Date.
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