X0303 4 2010-08-05 0 0000796317 ALLIANCE FINANCIAL CORP /NY/ ALNC 0001242534 DEW DONALD H 544 FLORENCE AVE ONEIDA NY 13421 1 0 0 0 Stock Unit 2010-08-05 4 A 0 56.488 30.1961 A Common Stock 56.488 3869.11 D Each Stock Unit is equal to one share of Alliance Financial Corporation stock. Stock Units are payable in Common Stock upon the reporting person's termination of service pursuant to the Alliance Financial Corporation Stock-Based Deferral Plan. Cumulative shares have been increased from the previous filing by 54.314 shares due to a typographical error. /s/ Judy A. Schultz as Power of Attorney 2010-08-09