0001070680-20-000009 Sample Contracts

CENTRAL FEDERAL CORPORATION EMPLOYEE RESTRICTED STOCK AWARD AGREEMENT
Employee Restricted Stock Award Agreement • March 16th, 2020 • Central Federal Corp • National commercial banks • 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 2019 Equity Incentive 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 CORPORATION DIRECTOR RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • March 16th, 2020 • Central Federal Corp • National commercial banks • 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 2019 Equity Incentive Plan, as amended (the “Plan”), and this Restricted Stock Award Agreement (this “Award Agreement”).

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