JOINT FILING AGREEMENTJoint Filing Agreement • December 23rd, 2019 • Castle Creek Capital Partners VII, LP • National commercial banks
The undersigned hereby agree that this Schedule 13D, dated December 23, 2019, with respect to the common stock, par value $0.01 per share, of Central Federal Corporation, a Delaware corporation, is, and any amendments hereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
VCOC LETTER AGREEMENTVcoc Letter Agreement • December 23rd, 2019 • Castle Creek Capital Partners VII, LP • National commercial banks • Delaware
Reference is made to the Securities Purchase Agreement by and among Central Federal Corporation, a Delaware corporation (the “Corporation”) and the investors party thereto, including Castle Creek Capital Partners VII, L.P., a Delaware limited partnership (the “VCOC Investor”), dated as of October 25, 2019 (the “Securities Purchase Agreement”), pursuant to which the VCOC Investor agreed to purchase from the Corporation shares of its voting common stock, par value $0.01 per share (the “Common Stock”), and shares of its Series C Preferred Stock, par value $0.01 per share (the “Series C Preferred Stock”). Capitalized terms used herein without definition shall have the respective meanings in the Securities Purchase Agreement.
