BROADWAY FINANCIAL CORPORATION NON-STATUTORY STOCK OPTION AGREEMENTNon-Statutory Stock Option Agreement • May 6th, 2016 • Broadway Financial Corp \De\ • Savings institution, federally chartered • Delaware
Pursuant to this Option Agreement (the “Agreement”), Broadway Financial Corporation, a Delaware corporation (the “Company”), has granted to (the “Optionee”), an option (“Option”) to purchase a total of shares of the Company’s Common Stock (the “Optioned Stock” or “Shares”), at the price determined as provided herein, and in all respects subject to the terms, definitions and provisions of the Company’s 2008 Long-Term Incentive Plan (the “Plan”), adopted by the Company which is incorporated herein by reference. The terms defined in the Plan shall have the same defined meanings herein. In the case of any conflict between the Plan and this Agreement, the Plan shall govern.
