0001070680-15-000036 Sample Contracts

CENTRAL FEDERAL CORPORTION EMPLOYEE RESTRICTED STOCK AWARD AGREEMENT
Employee Restricted Stock Award Agreement • November 3rd, 2015 • Central Federal Corp • Savings institution, federally chartered • Ohio

Central Federal Corporation (the “Company”) hereby grants the undersigned Participant an award of Restricted Stock (the “Award”), subject to the terms and conditions described in the Central Federal Corporation 2009 Equity Compensation Plan, as amended (the “Plan”), and this Restricted Stock Award Agreement (this “Award Agreement”). This grant is made in consideration of the non-solicitation covenants set forth in Section 8 of this Award Agreement.

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CENTRAL FEDERAL CORPORTION DIRECTOR RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • November 3rd, 2015 • Central Federal Corp • Savings institution, federally chartered • Ohio

Central Federal Corporation (the “Company”) hereby grants the undersigned Participant an award of Restricted Stock (the “Award”), subject to the terms and conditions described in the Central Federal Corporation 2009 Equity Compensation Plan, as amended (the “Plan”), and this Restricted Stock Award Agreement (this “Award Agreement”).

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