BROADWAY FINANCIAL CORPORATION 4800 Wilshire Boulevard Los Angeles, CA 90010Investor Rights Agreement • November 14th, 2013 • Broadway Financial Corp \De\ • Savings institution, federally chartered • New York
Contract Type FiledNovember 14th, 2013 Company Industry JurisdictionThis letter will confirm our agreement that pursuant to and effective as of your purchase of capital stock of Broadway Financial Corporation, a Delaware corporation (the “Company”), the parent company of Broadway Federal Bank, F.S.B. (the “Bank”), BBCN Bancorp, Inc., a Delaware corporation (the “Investor”), shall be entitled to the following contractual rights, in addition to any other rights specifically provided to the Investor pursuant to that certain Exchange Agreement and that certain Agreement for Partial Satisfaction of Debt Previously Contracted, each dated as of the date hereof, by and between the Company and the Investor, including any amendments or supplements thereto, and such other agreements, instruments and certificates delivered in connection therewith (collectively, the “Transaction Documents”):
BROADWAY FINANCIAL CORPORATION 4800 Wilshire Boulevard Los Angeles, CA 90010Investor Rights Agreement • November 14th, 2013 • Broadway Financial Corp \De\ • Savings institution, federally chartered • New York
Contract Type FiledNovember 14th, 2013 Company Industry JurisdictionThis letter will confirm our agreement that pursuant to and effective as of your acquisition of capital stock of Broadway Financial Corporation, a Delaware corporation (the “Company”), the parent company of Broadway Federal Bank, F.S.B. (the “Bank”) pursuant to the following named agreements, National Community Investment Fund, a trust (the “Investor”), shall be entitled to the following contractual rights, in addition to any other rights specifically provided to the Investor pursuant to that certain Exchange Agreement by and between the Company and the Investor (the “Exchange Agreement”) and that certain Loan Purchase and Sale Agreement by and between BBCN Bancorp, Inc. and the Investor (the “Loan Sale Agreement”), each dated as of the date hereof, including any amendments or supplements thereto, and such other agreements, instruments and certificates delivered in connection therewith (collectively, the “Transaction Documents”):