0001047469-19-001784 Sample Contracts

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BROADWAY FINANCIAL CORPORATION AWARD AGREEMENT
Award Agreement • March 29th, 2019 • Broadway Financial Corp \De\ • Savings institution, federally chartered • California

Pursuant to the Broadway Financial Corporation 2018 Long-Term Incentive Plan (the “Plan”), Broadway Financial Corporation (the “Company”) hereby grants a Full Value Award in the form of restricted stock to the Grantee named above covering _______shares of Common Stock of the Company (the “Award”). Upon acceptance of this Award, the Grantee shall receive the number of shares of Stock of the Company covered by the Award, subject to the restrictions and conditions set forth herein and in the Plan (the “Restricted Stock”). The Company acknowledges the receipt from the Grantee of consideration with respect to the par value of the Stock in the form of cash, past or future services rendered to the Company by the Grantee or such other form of consideration as is acceptable to the Committee.

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