{"url_path":"/sec/rbkb/8-k/2026-05-14/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 ****Entry Into a Material Definitive Agreement**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1751783/0001104659-26-061328-index.html","accession_number":"0001104659-26-061328","cik":"0001751783","ticker":"RBKB","issuer_name":"Rhinebeck Bancorp, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1751783/0001104659-26-061328-index.html","primary_entity_key":"0001751783","primary_entity_name":"Rhinebeck Bancorp, Inc."},"word_count":315,"has_tables":true,"body_markdown":"**Item 1.01****Entry Into a Material Definitive Agreement**\n\n \n\nOn May 14, 2026, Rhinebeck\nBancorp, MHC (the “MHC”), the parent mutual holding company of Rhinebeck Bancorp, Inc. (the “Company”), the\nCompany, and Rhinebeck Bank, the Company’s wholly owned subsidiary, entered into an Agency Agreement with Keefe, Bruyette &\nWoods, Inc. (“KBW”), which will assist in the marketing of the Company’s common stock during its stock offering.\n\n \n\nFor its services as financial\nadvisor and marketing agent, KBW will receive (i) a management fee of $50,000, which has already been paid, and (ii) a success\nfee equal to 1.0% and 1.5% of the aggregate proceeds of the Company’s subscription offering and any community offering, respectively,\nwhich is payable upon the completion of the stock offering. The success fee will be reduced by the management fee. In the event shares\nof common stock are sold through a group of broker-dealers in a syndicated community offering, the Company will pay KBW a fee not to exceed\n6.0% of the aggregate proceeds of the syndicated community offering.\n\n \n\nFor its services as records\nagent, KBW will receive a fee of $45,000, $20,000 of which has already been paid and the remainder of which will be paid upon the completion\nof the conversion and stock offering. This fee may be increased by up to $15,000 in the event of any material change in applicable regulations\nor the plan of conversion, or if there are delays requiring duplicate or replacement processing.\n\n \n\nThe shares of common stock\nare being offered pursuant to a Registration Statement on Form S-1, as amended (Registration No. 333-294283), filed by the Company\nunder the Securities Act of 1933, as amended, and a related prospectus dated May 14, 2026.\n\n \n\nThe foregoing description\nof the terms of the Agency Agreement is qualified in its entirety by reference to the Agency Agreement, which is filed as Exhibit 1.1\nhereto and incorporated by reference herein."}