<SEC-DOCUMENT>0001070680-15-000036.txt : 20151103
<SEC-HEADER>0001070680-15-000036.hdr.sgml : 20151103
<ACCEPTANCE-DATETIME>20151103152223
ACCESSION NUMBER:		0001070680-15-000036
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20151103
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20151103
DATE AS OF CHANGE:		20151103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTRAL FEDERAL CORP
		CENTRAL INDEX KEY:			0001070680
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				341877137
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25045
		FILM NUMBER:		151193506

	BUSINESS ADDRESS:	
		STREET 1:		C/O CFBANK
		STREET 2:		7000 N. HIGH ST.
		CITY:			WORTHINGTON
		STATE:			OH
		ZIP:			43085
		BUSINESS PHONE:		6143347979

	MAIL ADDRESS:	
		STREET 1:		C/O CFBANK
		STREET 2:		7000 N. HIGH ST.
		CITY:			WORTHINGTON
		STATE:			OH
		ZIP:			43085

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRAND CENTRAL FINANCIAL CORP
		DATE OF NAME CHANGE:	19980918
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cfbk-20151103x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			8-k Restricted Stock 11315
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			<font style="display: inline;font-size:10pt;">UNITED STATES</font>
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			<font style="display: inline;font-size:10pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-size:10pt;">Washington</font><font style="display: inline;font-size:10pt;">, &nbsp;</font><font style="display: inline;font-size:10pt;">D.C.</font><font style="display: inline;font-size:10pt;"> 20549</font>
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			<font style="display: inline;font-size:10pt;">CURRENT REPORT </font>
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			<font style="display: inline;font-size:10pt;">Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934</font>
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			<font style="display: inline;font-size:10pt;">Date of Report (Date of earliest event reported):&nbsp; </font><font style="display: inline;font-size:10pt;">November 3</font><font style="display: inline;font-size:10pt;">, 201</font><font style="display: inline;font-size:10pt;">5</font><font style="display: inline;font-size:10pt;"> (October </font><font style="display: inline;font-size:10pt;">28</font><font style="display: inline;font-size:10pt;">, 2015)</font>
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			<font style="display: inline;font-size:10pt;text-decoration:underline;">CENTRAL FEDERAL CORPORATION</font>
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			<font style="display: inline;font-size:10pt;">(Exact name of registrant as specified in its charter)</font>
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						<font style="display: inline;font-size:10pt;text-decoration:underline;">Delaware</font></p>
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						<font style="display: inline;font-size:10pt;text-decoration:underline;">0-25045</font></p>
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						<font style="display: inline;font-size:10pt;text-decoration:underline;">34-1877137</font></p>
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						<font style="display: inline;font-size:10pt;">(State or other jurisdiction of</font></p>
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						<font style="display: inline;font-size:10pt;">(Commission</font></p>
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						<font style="display: inline;font-size:10pt;">incorporation)</font></p>
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						<font style="display: inline;font-size:10pt;">File Number)</font></p>
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						<font style="display: inline;font-size:10pt;">Identification Number)</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-size:10pt;text-decoration:underline;">7000 N. High Street, Worthington, Ohio</font></p>
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						<font style="display: inline;font-size:10pt;text-decoration:underline;">43085</font></p>
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						<font style="display: inline;font-size:10pt;"> &nbsp; </font><font style="display: inline;font-size:10pt;">(</font><font style="display: inline;font-size:10pt;">614</font><font style="display: inline;font-size:10pt;">) &nbsp;</font><font style="display: inline;font-size:10pt;">334</font><font style="display: inline;font-size:10pt;">-7979</font></p>
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						<font style="display: inline;font-size:10pt;">(Address of principal executive offices)</font></p>
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						<font style="display: inline;font-size:10pt;">(Zip Code)</font></p>
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					<p style="margin:0pt 0pt 0pt 13.7pt;text-indent: -13.7pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;"> &nbsp; </font><font style="display: inline;font-size:10pt;"> &nbsp; </font><font style="display: inline;font-size:10pt;">(Registrant&#x2019;s Telephone Number)</font></p>
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					<p style="margin:0pt 36pt 0pt 0pt;line-height:normal;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt 36pt 0pt 0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(former name or former address, if changed since last report)</font></p>
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			<font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;">&nbsp;</font>
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		<p style="margin:0pt -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font>
		</p>
		<p style="margin:0pt -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font>
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		<p style="margin:0pt -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
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		<p style="margin:0pt -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font>
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		<p style="margin:0pt -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font>
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			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 58.5pt;text-indent: -58.5pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 5.02.&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 22pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">On October 28, 2015, the Board of Directors of Central Federal Corporation (the &#x201C;Company&#x201D;), following the approval and recommendation of its Compensation Committee, approved awards of restricted stock (&#x201C;Restricted Stock&#x201D;) under the Central Federal Corporation 2009 Equity Compensation Plan, as amended (the &#x201C;2009 Plan&#x201D;).&nbsp;&nbsp;The following table sets forth the number of shares of common stock subject to the Restricted Stock awards granted to each of the directors and named executive officers of the Company (each, a &#x201C;Recipient&#x201D;):</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width:486.00pt;margin-left:0pt;">
			<tr>
				<td valign="bottom" style="width:153.90pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:144.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:188.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">Name</font></p>
				</td>
				<td valign="bottom" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">Title</font></p>
				</td>
				<td valign="bottom" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Number of Shares of Common Stock </font><font style="display: inline;font-size:10pt;text-decoration:underline;">Subject to Restricted Stock Award</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Timothy T. O&#x2019;Dell</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Chief Executive Officer, President and Director</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">36,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">John W. Helmsdoerfer</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Chief Financial Officer</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">24,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Robert E. Hoeweler</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Director and Chairman </font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">24,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Thomas Ash</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Director</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">12,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Edward W. Cochran</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Director</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">12,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">James Frauenberg</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Director</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">12,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:153.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Robert H. Milbourne</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:144.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Director</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:188.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">12,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The shares of Restricted Stock are subject to restrictions on transferability and risk of forfeiture until they become vested.&nbsp;&nbsp;With respect to each Restricted Stock award, one-third of the total shares of Restricted Stock will vest on each of the first, second and third anniversaries of the October 28, 2015 grant date.&nbsp;&nbsp;If a Recipient dies or becomes disabled, all unvested shares of Restricted Stock will immediate</font><font style="display: inline;font-size:10pt;">ly</font><font style="display: inline;font-size:10pt;"> vest.&nbsp;&nbsp;In addition, a Recipient&#x2019;s unvested shares of Restricted Stock will immediately vest on the date of any change in control of the Company.&nbsp;&nbsp;If a Recipient&#x2019;s employment as an executive officer and/or service as a director of the Company terminates for any other reason, the Recipient&#x2019;s unvested shares of Restricted Stock will be forfeited.&nbsp;&nbsp;During the time between the grant date and the vesting date of the Restricted Stock, the Recipient may exercise full voting rights associated with the Restricted Stock and will be entitled to receive all dividends and other distributions paid with respect to the Restricted Stock.&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">As a condition to receiving the Restricted Stock award, each Recipient who is an employee of the Company and/or its subsidiary, CFBank, is required to comply with certain restrictive covenants which prohibit the Recipient from soliciting the customers or employees of the Company or CFBank during the term of his or her employment and for a period of one year thereafter. </font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The terms and conditions applicable to the Restricted Stock are set forth in the 2009 Plan and in the applicable Central Federal Corporation 2009 Equity Compensation Plan Restricted Stock Award Agreement (for Employees or Directors), the forms of which are filed herewith as Exhibits 10.3 and 10.4 and incorporated herein by reference.&#x2003;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 18pt 0pt 0pt;text-align:right;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 9.01.&nbsp;&nbsp;Financial Statements and Exhibits.</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">through (c):&nbsp;&nbsp;Not applicable.</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(d)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;text-decoration:underline;">Exhibits</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:477.40pt;margin-left:5.4pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Exhibit No.</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:17.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:194.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Description</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:198.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Location</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:67.50pt;height:57.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">10.1</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:17.10pt;height:57.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:194.80pt;height:57.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Central Federal Corporation 2009 Equity Compensation Plan</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:198.00pt;height:57.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Incorporated herein by reference to Exhibit 10.1 to the Company&#x2019;s Registration Statement on Form S-8 filed on October 9, 2015 (File No. 333-207354)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:67.50pt;height:54.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">10.2</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:17.10pt;height:54.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:194.80pt;height:54.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">First Amendment to the Central Federal Corporation 2009 Equity Compensation Plan</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:198.00pt;height:54.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Incorporated herein by reference to Exhibit 10.2 to the Company&#x2019;s Registration Statement on Form S-8 filed on October 9, 2015 (File No. 333-207354)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:67.50pt;height:44.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">10.3</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:17.10pt;height:44.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:194.80pt;height:44.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Form of Central Federal Corporation 2009 Equity Compensation Plan Restricted Stock Award Agreement for Employees</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:198.00pt;height:44.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Filed herewith.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">10.4</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:17.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:194.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Form of Central Federal Corporation 2009 Equity Compensation Plan Restricted Stock Award Agreement for Directors</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:198.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Filed herewith.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:17.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:194.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:198.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 18pt 0pt 0pt;text-align:right;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">SIGNATURES</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:495.00pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:135.90pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:142.20pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:28.15pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:188.75pt;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:135.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:142.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:28.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Central Federal Corporation</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:135.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:142.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:28.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:135.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Date:&nbsp; </font><font style="display: inline;font-size:10pt;">November 3,</font><font style="display: inline;font-size:10pt;"> 201</font><font style="display: inline;font-size:10pt;">5</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:142.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:28.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">By:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;border-bottom:1pt solid #000000 ;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">/s/ </font><font style="display: inline;font-size:10pt;">Timothy T. O&#x2019;Dell</font><font style="display: inline;font-size:10pt;"></font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:135.90pt;height:13.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:142.20pt;height:13.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:28.15pt;height:13.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:188.75pt;height:13.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Timothy T. O&#x2019;Dell</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:135.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:142.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:28.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:188.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 9pt 0pt 0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Chief </font><font style="display: inline;font-size:10pt;">Executive</font><font style="display: inline;font-size:10pt;"> Officer</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt -9pt 0pt 288pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 18pt 0pt 0pt;text-align:right;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>2
<FILENAME>cfbk-20151103ex103302934.htm
<DESCRIPTION>EX-10.3
<TEXT>
<!--HTML document created with Certent Powered by Crossfire 5.13.55.0-->
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<html>
	<head>
		<title>
			8-k Restricted Stock 11315 ex 103
		</title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;"><div style="width:100%">

		<p style="margin:0pt 0pt 12pt;text-align:right;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;">Exhibit 10.3</font>

		</p>

</div>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:11pt;">CENTRAL FEDERAL CORPORTION</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">2009 E</font><font style="display: inline;font-weight:bold;font-size:11pt;">QUITY </font><font style="display: inline;font-weight:bold;font-size:11pt;">COMPENSATION</font><font style="display: inline;font-weight:bold;font-size:11pt;"> PLAN</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">EMPLOYEE </font><font style="display: inline;font-weight:bold;font-size:11pt;">RESTRICTED STOCK AWARD AGREEMENT</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">Central Federal Corporation</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Company</font><font style="display: inline;font-size:11pt;">&#x201D;) hereby grants the undersigned Participant an award of </font><font style="display: inline;font-size:11pt;">R</font><font style="display: inline;font-size:11pt;">estricted S</font><font style="display: inline;font-size:11pt;">tock</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Award</font><font style="display: inline;font-size:11pt;">&#x201D;), subject to the terms and conditions described in the </font><font style="display: inline;font-size:11pt;">Central Federal Corporation </font><font style="display: inline;font-size:11pt;">2009 </font><font style="display: inline;font-size:11pt;">Equity </font><font style="display: inline;font-size:11pt;">Compensation </font><font style="display: inline;font-size:11pt;">Plan</font><font style="display: inline;font-size:11pt;">, as amended</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Plan</font><font style="display: inline;font-size:11pt;">&#x201D;)</font><font style="display: inline;font-size:11pt;">,</font><font style="display: inline;font-size:11pt;"> and this Restricted Stock Award Agreement (this &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Award Agreement</font><font style="display: inline;font-size:11pt;">&#x201D;).&nbsp; </font><font style="display: inline;font-size:11pt;">This grant is made in consideration of the non-solicitation covenants set forth in </font><font style="display: inline;font-size:11pt;">S</font><font style="display: inline;font-size:11pt;">ection </font><font style="display: inline;font-size:11pt;">8</font><font style="display: inline;font-size:11pt;"> of this Award Agreement. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 1.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Name of Participant</font><font style="display: inline;font-size:11pt;color:#000000;">:&nbsp; </font><font style="display: inline;font-size:11pt;color:#000000;">_____________________________________________________________</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 2.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Grant Date:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">______________________</font><font style="display: inline;font-size:11pt;color:#000000;">, 20</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">___</font><font style="display: inline;font-size:11pt;color:#000000;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Grant Date</font><font style="display: inline;font-size:11pt;color:#000000;">&#x201D;).</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 3.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Number of Shares of Restricted Stock:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">_____________________</font><font style="display: inline;font-size:11pt;color:#000000;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Restricted Stock</font><font style="display: inline;font-size:11pt;color:#000000;">&#x201D;).</font></p></td></tr></table></div>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 4.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Vesting:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp;Except as provided in Section 5 of this Award Agreement, and provided that the Participant remains an employee of the Company on the relevant date (each a &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Vesting Date</font><font style="display: inline;font-size:11pt;color:#000000;">&#x201D;), the</font><font style="display: inline;font-size:11pt;color:#000000;"> Restricted Stock will vest in </font><font style="display: inline;font-size:11pt;color:#000000;">three (3)</font><font style="display: inline;font-size:11pt;color:#000000;">&nbsp;</font><font style="display: inline;font-size:11pt;color:#000000;">annual installments </font><font style="display: inline;font-size:11pt;color:#000000;">(rounded down to the nearest whole share) </font><font style="display: inline;font-size:11pt;color:#000000;">on each anniversary of the Grant Date </font><font style="display: inline;font-size:11pt;color:#000000;">as follows:</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">33.3</font><font style="display: inline;font-size:11pt;color:#000000;">4</font><font style="display: inline;font-size:11pt;color:#000000;">% s</font><font style="display: inline;font-size:11pt;color:#000000;">hall be vested on </font><font style="display: inline;font-size:11pt;color:#000000;">the first anniversary of the Grant Date</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">33.33</font><font style="display: inline;font-size:11pt;color:#000000;">% (50</font><font style="display: inline;font-size:11pt;color:#000000;">% of remainder) s</font><font style="display: inline;font-size:11pt;color:#000000;">hall be vested on </font><font style="display: inline;font-size:11pt;color:#000000;">the second anniversary of the Grant Date</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">33.33</font><font style="display: inline;font-size:11pt;color:#000000;">% (100% of remainder) s</font><font style="display: inline;font-size:11pt;color:#000000;">hall be vested on </font><font style="display: inline;font-size:11pt;color:#000000;">the third anniversary of the Grant Date</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 5.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Accelerated Vesting:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp;If a Participant retires or otherwise terminates employment with the Company prior to any Vesting Date, any unvested Restricted Stock will be forfeited.&nbsp;&nbsp;Notwithstanding the foregoing, if prior to any Vesting Date:</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (a)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Death; Disability</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;The Participant dies or becomes Disabled, all unvested Restricted Stock will immediately vest on the date of death or Disability.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (b)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Change in Control</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp; </font><font style="display: inline;font-size:11pt;color:#000000;">A</font><font style="display: inline;font-size:11pt;color:#000000;">ny unvested Restricted Stock will immediately vest on the date of </font><font style="display: inline;font-size:11pt;color:#000000;">a &nbsp;</font><font style="display: inline;font-size:11pt;color:#000000;">Change in Control</font><font style="display: inline;font-size:11pt;color:#000000;">.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 6.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Transferability:&nbsp; </font><font style="display: inline;font-size:11pt;color:#000000;">Until the Restricted Stock vests as described in this Award Agreement, the Restricted Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, except by will or by the laws of descent and distribution and in accordance with Section </font><font style="display: inline;font-size:11pt;color:#000000;">9</font><font style="display: inline;font-size:11pt;color:#000000;">(b) of this Award Agreement.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 7.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Settlement:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp;If the applicable terms and conditions of this Award Agreement are satisfied, the Restricted Stock will be released from any transfer restrictions or delivered to the Participant as soon as administratively feasible after all applicable restrictions have lapsed.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> 8.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Non-Solicitation Covenant: </font><font style="display: inline;font-size:11pt;color:#000000;">In consideration for th</font><font style="display: inline;font-size:11pt;color:#000000;">is A</font><font style="display: inline;font-size:11pt;color:#000000;">ward of Restricted Stock, </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant </font><font style="display: inline;font-size:11pt;color:#000000;">hereby agree</font><font style="display: inline;font-size:11pt;color:#000000;">s</font><font style="display: inline;font-size:11pt;color:#000000;"> and covenant</font><font style="display: inline;font-size:11pt;color:#000000;">s</font><font style="display: inline;font-size:11pt;color:#000000;"> that, for a period of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s employment with the </font><font style="display: inline;font-size:11pt;color:#000000;">C</font><font style="display: inline;font-size:11pt;color:#000000;">ompany and for </font><font style="display: inline;font-size:11pt;color:#000000;">one year after the termination of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s </font><font style="display: inline;font-size:11pt;color:#000000;">employment, </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant </font><font style="display: inline;font-size:11pt;color:#000000;">will not, without the express written consent of the Company:</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;;font-size: 11pt"><font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (a)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;color:#000000;">Call upon or solicit, either for </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant</font><font style="display: inline;font-size:11pt;color:#000000;"> or for any other person or firm that engages in competition with any business operation of the kind actively conducted by the Company or any current or future Subsidiary for the period </font><font style="display: inline;font-size:11pt;color:#000000;">that the Participant was</font><font style="display: inline;font-size:11pt;color:#000000;"> employed with the Company or any Subsidiary, as applicable, any customer with whom the Company or any current or future Subsidiary directly conducts business during the period of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s </font><font style="display: inline;font-size:11pt;color:#000000;">employment, any referral source of the Company or any current or future Subsidiary during the period of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s </font><font style="display: inline;font-size:11pt;color:#000000;">employment (including, solely by way of example, intermediaries and corporations that purchase directly from the Company or any current or future Subsidiary); or </font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (b)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;color:#000000;">Interfere with any relationship, contractual or otherwise, between the Company or any current or future Subsidiary, any customer with whom the Company or any current or future Subsidiary directly conducts business during the period of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s </font><font style="display: inline;font-size:11pt;color:#000000;">employment, or any referral source of the Company or any current or future Subsidiary existing during the period of your employment; or</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (c)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;color:#000000;">I</font><font style="display: inline;font-size:11pt;color:#000000;">nduce any person who is as of the date of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s </font><font style="display: inline;font-size:11pt;color:#000000;">termination of employment or was during any of the 12 months preceding the date of </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant&#x2019;s </font><font style="display: inline;font-size:11pt;color:#000000;">termination</font><font style="display: inline;font-size:11pt;color:#000000;">,</font><font style="display: inline;font-size:11pt;color:#000000;"> an employee, officer, director, or agent of the Company or any current or future Subsidiary to terminate said relationship.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-size:11pt;color:#000000;">In the event </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant</font><font style="display: inline;font-size:11pt;color:#000000;"> breach</font><font style="display: inline;font-size:11pt;color:#000000;">es</font><font style="display: inline;font-size:11pt;color:#000000;"> any covenant set forth in this Award Agreement, the term of such covenant shall be extended by the period of the duration of such breach</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This </font><font style="display: inline;font-size:11pt;color:#000000;">covenant will survive </font><font style="display: inline;font-size:11pt;color:#000000;">for 12 months after the termination of the Participant&#x2019;s employment, plus </font><font style="display: inline;font-size:11pt;color:#000000;">any </font><font style="display: inline;font-size:11pt;color:#000000;">extension under the preceding sentence, even if this Award has expired or terminated.&nbsp; </font><font style="display: inline;font-size:11pt;color:#000000;">Notwithstanding Section </font><font style="display: inline;font-size:11pt;color:#000000;">9</font><font style="display: inline;font-size:11pt;color:#000000;">(</font><font style="display: inline;font-size:11pt;color:#000000;">e</font><font style="display: inline;font-size:11pt;color:#000000;">) to this Award Agreement, the restrict</font><font style="display: inline;font-size:11pt;color:#000000;">ions contained in this Section 8</font><font style="display: inline;font-size:11pt;color:#000000;"> are in addition to any restrictions contained in any other agreement between </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant</font><font style="display: inline;font-size:11pt;color:#000000;"> and the Company or any Subsidiary.</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;font-size:11pt;color:#000000;">These restrictions may </font><font style="display: inline;font-size:11pt;color:#000000;">be enforced by the </font><font style="display: inline;font-size:11pt;color:#000000;">Company, any current or future Subsidiary</font><font style="display: inline;font-size:11pt;color:#000000;"> and/or any successor, by an action to recover payments made under this </font><font style="display: inline;font-size:11pt;color:#000000;">Award </font><font style="display: inline;font-size:11pt;color:#000000;">Agreement, an action for injunction, and/or an action for damages.&nbsp;&nbsp;The provisions of this Section </font><font style="display: inline;font-size:11pt;color:#000000;">8</font><font style="display: inline;font-size:11pt;color:#000000;"> constitute an essential element of this Agreement, without which the </font><font style="display: inline;font-size:11pt;color:#000000;">Company </font><font style="display: inline;font-size:11pt;color:#000000;">would not have entered into this Agreement.&nbsp;&nbsp;Notwithstanding any other remedy available to the </font><font style="display: inline;font-size:11pt;color:#000000;">Company</font><font style="display: inline;font-size:11pt;color:#000000;"> at law or at equity, the parties hereto agree that the </font><font style="display: inline;font-size:11pt;color:#000000;">Company</font><font style="display: inline;font-size:11pt;color:#000000;"> or any successor thereto, shall have the right, at any and all times, to seek injunctive relief in order to enforce the terms </font><font style="display: inline;font-size:11pt;color:#000000;">and conditions of this Section 8.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">If the scope of any restriction contained in this Section </font><font style="display: inline;font-size:11pt;color:#000000;">8</font><font style="display: inline;font-size:11pt;color:#000000;"> is too broad to permit enforcement of such restriction to its fullest extent, then such restriction will be enforced to the maximum extent permitted by law, and </font><font style="display: inline;font-size:11pt;color:#000000;">the Participant </font><font style="display: inline;font-size:11pt;color:#000000;">hereby consent</font><font style="display: inline;font-size:11pt;color:#000000;">s</font><font style="display: inline;font-size:11pt;color:#000000;"> and agree</font><font style="display: inline;font-size:11pt;color:#000000;">s</font><font style="display: inline;font-size:11pt;color:#000000;"> that such scope may be judicially modified accordingly in any proceeding brought to enforce such restriction.</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> 9.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Other Terms and Conditions:</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (a)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Rights Before Vesting</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;Before the Restricted Stock vests, the Participant (i) may exercise full voting rights associated with the Restricted Stock; and (ii) will be entitled to receive all dividends and other distributions paid with respect to the Restricted Stock, provided that any dividends or other distributions paid in Shares will be subject to the same restrictions, terms and conditions as the Restricted Stock to which the dividends or distributions relate.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;">-</font><font style="display: inline;">2</font><font style="display: inline;">-</font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (b)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Beneficiary Designation</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;The Participant may name a beneficiary or beneficiaries to receive any Restricted Stock settled after the Participant&#x2019;s death by completing a &#x201C;Beneficiary Designation Form&#x201D; in a form provided by the Company.&nbsp;&nbsp;The Beneficiary Designation Form does not need to be completed upon execution of this Award Agreement and is not required to be completed as a condition of receiving the Restricted Stock.&nbsp;&nbsp;However, if the Participant dies without completing a Beneficiary Designation Form or if the Participant does not complete the form correctly, the Participant&#x2019;s beneficiary under this Award Agreement will be the Participant&#x2019;s surviving spouse or, if the Participant does not have a surviving spouse, the Participant&#x2019;s estate.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (c)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Tax Withholding</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp; </font><a name="_MailEndCompose"></a><font style="display: inline;font-size:11pt;color:#000000;">The Participant hereby agrees that, upon request by the Company, the Participant shall pay to the Company an amount equal to all taxes which the Company is required to withhold with respect to the Restricted Stock or make arrangements satisfactory to the Company regarding the payment of such taxes, or, in lieu thereof, the Company shall have the right to withhold a number of shares of Restricted Stock with a fair market value equal to the minimum amount required to be withheld</font><font style="display: inline;font-size:11pt;color:#000000;">.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (d)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Governing Law</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement will be construed in accordance with, and governed by, the laws (other than laws governing conflicts of laws) of the State of Ohio.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (e)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Entire Agreement</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement, along with the Plan, constitutes the entire agreement between the Company and the Participant regarding the subject matter of this Award Agreement.&nbsp;&nbsp;All representations of any type relied upon by the Participant and the Company in making this Award Agreement are specifically set forth herein, and the Participant and the Company each acknowledge that they have relied on no other representation in entering into this Award Agreement.&nbsp;&nbsp;No change, termination or attempted waiver of any of the provisions of this Award Agreement will be binding upon any party hereto unless contained in a writing signed by the party to be changed.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (f)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Restricted Stock Subject to the Plan</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;The Restricted Stock is subject to the terms and conditions described in this Award Agreement and the Plan, which is incorporated by reference into and made a part of this Award Agreement.&nbsp;&nbsp;In the event of a conflict between the terms of the Plan and the terms of this Award Agreement, the terms of the Plan will govern.&nbsp;&nbsp;The Company has the sole responsibility for interpreting the Plan and this Award Agreement, and its determination of the meaning of any provision in the Plan or this Award Agreement will be binding on the Participant.&nbsp;&nbsp;Capitalized terms that are not defined in this Award Agreement have the same meaning as in the Plan.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (g)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Requirements of Law</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement and the grant of Restricted Stock is subject to all applicable laws, rules and regulations (including applicable federal and state securities laws) and to all required approvals of any governmental agencies or national securities exchange, market or other quotation system, if applicable.&nbsp;&nbsp;No Restricted Stock will be issued pursuant to the Award unless, at that time, such issuance: (i) is the subject matter of an effective registration statement filed under the Securities Act of 1933, as amended, and all applicable state securities laws, or (ii) qualifies for an exemption from registration under the Securities Act of 1933, as amended, and applicable state securities laws, to the extent necessary.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (h)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Signature in Counterparts</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement may be signed in counterparts, each of which will be deemed an original, but all of which will constitute one and the same instrument.</font></p></td></tr></table></div>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;">-</font><font style="display: inline;">3</font><font style="display: inline;">-</font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:239.40pt;padding:0pt 6.5pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;">&nbsp;</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">PARTICIPANT</font></p>
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						<font style="display: inline;font-size:11pt;color:#000000;">________________________________________</font></p>
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						<font style="display: inline;font-size:11pt;color:#000000;">Signature</font></p>
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						<font style="display: inline;font-size:11pt;color:#000000;">Date:____________________________________</font></p>
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						<font style="display: inline;font-size:11pt;color:#000000;">CENTRAL FEDERAL CORPORATION</font></p>
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						<font style="display: inline;font-size:11pt;color:#000000;">By:______</font><font style="display: inline;font-size:11pt;color:#000000;">_______________________________</font></p>
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						<font style="display: inline;font-size:11pt;color:#000000;">Title:____</font><font style="display: inline;font-size:11pt;color:#000000;">_______________________________</font><font style="display: inline;font-size:11pt;color:#000000;">_</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">Date:_____</font><font style="display: inline;font-size:11pt;color:#000000;">_______________________________</font></p>
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			<font style="display: inline;">-</font><font style="display: inline;">4</font><font style="display: inline;">-</font>

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<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>3
<FILENAME>cfbk-20151103ex104e60358.htm
<DESCRIPTION>EX-10.4
<TEXT>
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			8-k Restricted Stock 11315 ex 104
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		<p style="margin:0pt 0pt 12pt;text-align:right;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;">Exhibit 10.4</font>

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			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:11pt;">CENTRAL FEDERAL CORPORTION</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">2009 E</font><font style="display: inline;font-weight:bold;font-size:11pt;">QUITY </font><font style="display: inline;font-weight:bold;font-size:11pt;">COMPENSATION</font><font style="display: inline;font-weight:bold;font-size:11pt;"> PLAN</font>
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			<font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-size:11pt;">DIRECTOR </font><font style="display: inline;font-weight:bold;font-size:11pt;">RESTRICTED STOCK AWARD AGREEMENT</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">Central Federal Corporation</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Company</font><font style="display: inline;font-size:11pt;">&#x201D;) hereby grants the undersigned Participant an award of </font><font style="display: inline;font-size:11pt;">R</font><font style="display: inline;font-size:11pt;">estricted S</font><font style="display: inline;font-size:11pt;">tock</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Award</font><font style="display: inline;font-size:11pt;">&#x201D;), subject to the terms and conditions described in the </font><font style="display: inline;font-size:11pt;">Central Federal Corporation </font><font style="display: inline;font-size:11pt;">2009 </font><font style="display: inline;font-size:11pt;">Equity </font><font style="display: inline;font-size:11pt;">Compensation </font><font style="display: inline;font-size:11pt;">Plan</font><font style="display: inline;font-size:11pt;">, as amended</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Plan</font><font style="display: inline;font-size:11pt;">&#x201D;)</font><font style="display: inline;font-size:11pt;">,</font><font style="display: inline;font-size:11pt;"> and this Restricted Stock Award Agreement (this &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;">Award Agreement</font><font style="display: inline;font-size:11pt;">&#x201D;).&nbsp; </font>
		</p>
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			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 1.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Name of Participant</font><font style="display: inline;font-size:11pt;color:#000000;">:&nbsp; </font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">____________________________________________________________</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 2.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Grant Date:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">____________________</font><font style="display: inline;font-size:11pt;color:#000000;">, 20</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">______</font><font style="display: inline;font-size:11pt;color:#000000;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Grant Date</font><font style="display: inline;font-size:11pt;color:#000000;">&#x201D;).</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 3.</font>
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		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Number of Shares of Restricted Stock:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">___________________</font><font style="display: inline;font-size:11pt;color:#000000;"> (the &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Restricted Stock</font><font style="display: inline;font-size:11pt;color:#000000;">&#x201D;).</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 4.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Vesting:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp;Except as provided in Section 5 of this Award Agreement, and provided that the Participant remains a</font><font style="display: inline;font-size:11pt;color:#000000;"> director</font><font style="display: inline;font-size:11pt;color:#000000;"> of the Company on the relevant date (each a &#x201C;</font><font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Vesting Date</font><font style="display: inline;font-size:11pt;color:#000000;">&#x201D;), the</font><font style="display: inline;font-size:11pt;color:#000000;"> Restricted Stock will vest in </font><font style="display: inline;font-size:11pt;color:#000000;">three (3)</font><font style="display: inline;font-size:11pt;color:#000000;">&nbsp;</font><font style="display: inline;font-size:11pt;color:#000000;">annual installments </font><font style="display: inline;font-size:11pt;color:#000000;">(rounded down to the nearest whole share) </font><font style="display: inline;font-size:11pt;color:#000000;">on each anniversary of the Grant Date </font><font style="display: inline;font-size:11pt;color:#000000;">as follows:</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">33.3</font><font style="display: inline;font-size:11pt;color:#000000;">4</font><font style="display: inline;font-size:11pt;color:#000000;">% s</font><font style="display: inline;font-size:11pt;color:#000000;">hall be vested on </font><font style="display: inline;font-size:11pt;color:#000000;">the first anniversary of the Grant Date</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">33.33</font><font style="display: inline;font-size:11pt;color:#000000;">% (50</font><font style="display: inline;font-size:11pt;color:#000000;">% of remainder) s</font><font style="display: inline;font-size:11pt;color:#000000;">hall be vested on </font><font style="display: inline;font-size:11pt;color:#000000;">the second anniversary of the Grant Date</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;color:#000000;">33.33</font><font style="display: inline;font-size:11pt;color:#000000;">% (100% of remainder) s</font><font style="display: inline;font-size:11pt;color:#000000;">hall be vested on </font><font style="display: inline;font-size:11pt;color:#000000;">the third anniversary of the Grant Date</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 5.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Accelerated Vesting:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp;If a Participant retires or otherwise </font><font style="display: inline;font-size:11pt;color:#000000;">end service as a director of</font><font style="display: inline;font-size:11pt;color:#000000;"> the Company prior to any Vesting Date, any unvested Restricted Stock will be forfeited.&nbsp;&nbsp;Notwithstanding the foregoing, if prior to any Vesting Date:</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (a)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Death; Disability</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;The Participant dies or becomes Disabled, all unvested Restricted Stock will immediately vest on the date of death or Disability.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (b)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Change in Control</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp; </font><font style="display: inline;font-size:11pt;color:#000000;">A</font><font style="display: inline;font-size:11pt;color:#000000;">ny unvested Restricted Stock will immediately vest on the date of </font><font style="display: inline;font-size:11pt;color:#000000;">a &nbsp;</font><font style="display: inline;font-size:11pt;color:#000000;">Change in Control</font><font style="display: inline;font-size:11pt;color:#000000;">.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 6.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Transferability:&nbsp; </font><font style="display: inline;font-size:11pt;color:#000000;">Until the Restricted Stock vests as described in this Award Agreement, the Restricted Stock may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, except by will or by the laws of descent and distribution and in accordance with Section 8(b) of this Award Agreement.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 7.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Settlement:</font><font style="display: inline;font-size:11pt;color:#000000;"> &nbsp;If the applicable terms and conditions of this Award Agreement are satisfied, the Restricted Stock will be released from any transfer restrictions or delivered to the Participant as soon as administratively feasible after all applicable restrictions have lapsed.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 8.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-style:italic;font-size:11pt;color:#000000;">Other Terms and Conditions:</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (a)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Rights Before Vesting</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;Before the Restricted Stock vests, the Participant (i) may exercise full voting rights associated with the Restricted Stock; and (ii) will be entitled to receive all dividends and other distributions paid with respect to the Restricted Stock, provided that any dividends or other distributions paid in Shares will be subject to the same restrictions, terms and conditions as the Restricted Stock to which the dividends or distributions relate.</font></p></td></tr></table></div>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9;font-family:Times New Roman;font-size:11pt;;"> (b)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Beneficiary Designation</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;The Participant may name a beneficiary or beneficiaries to receive any Restricted Stock settled after the Participant&#x2019;s death by completing a &#x201C;Beneficiary Designation Form&#x201D; in a form provided by the Company.&nbsp;&nbsp;The Beneficiary Designation Form does not need to be completed upon execution of this Award Agreement and is not required to be completed as a condition of receiving the Restricted Stock.&nbsp;&nbsp;However, if the Participant dies without completing a Beneficiary Designation Form or if the Participant does not complete the form correctly, the Participant&#x2019;s beneficiary under this Award Agreement will be the Participant&#x2019;s surviving spouse or, if the Participant does not have a surviving spouse, the Participant&#x2019;s estate.</font></p></td></tr></table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (c)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Tax Withholding</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp; </font><a name="_MailEndCompose"></a><font style="display: inline;font-size:11pt;color:#000000;">The Participant hereby agrees that, upon request by the Company, the Participant shall pay to the Company an amount equal to all taxes which the Company is required to withhold with respect to the Restricted Stock or make arrangements satisfactory to the Company regarding the payment of such taxes, or, in lieu thereof, the Company shall have the right to withhold a number of shares of Restricted Stock with a fair market value equal to the minimum amount required to be withheld</font><font style="display: inline;font-size:11pt;color:#000000;">.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (d)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Governing Law</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement will be construed in accordance with, and governed by, the laws (other than laws governing conflicts of laws) of the State of Ohio.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (e)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Entire Agreement</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement, along with the Plan, constitutes the entire agreement between the Company and the Participant regarding the subject matter of this Award Agreement.&nbsp;&nbsp;All representations of any type relied upon by the Participant and the Company in making this Award Agreement are specifically set forth herein, and the Participant and the Company each acknowledge that they have relied on no other representation in entering into this Award Agreement.&nbsp;&nbsp;No change, termination or attempted waiver of any of the provisions of this Award Agreement will be binding upon any party hereto unless contained in a writing signed by the party to be changed.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (f)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Restricted Stock Subject to the Plan</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;The Restricted Stock is subject to the terms and conditions described in this Award Agreement and the Plan, which is incorporated by reference into and made a part of this Award Agreement.&nbsp;&nbsp;In the event of a conflict between the terms of the Plan and the terms of this Award Agreement, the terms of the Plan will govern.&nbsp;&nbsp;The Company has the sole responsibility for interpreting the Plan and this Award Agreement, and its determination of the meaning of any provision in the Plan or this Award Agreement will be binding on the Participant.&nbsp;&nbsp;Capitalized terms that are not defined in this Award Agreement have the same meaning as in the Plan.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (g)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Requirements of Law</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement and the grant of Restricted Stock is subject to all applicable laws, rules and regulations (including applicable federal and state securities laws) and to all required approvals of any governmental agencies or national securities exchange, market or other quotation system, if applicable.&nbsp;&nbsp;No Restricted Stock will be issued pursuant to the Award unless, at that time, such issuance: (i) is the subject matter of an effective registration statement filed under the Securities Act of 1933, as amended, and all applicable state securities laws, or (ii) qualifies for an exemption from registration under the Securities Act of 1933, as amended, and applicable state securities laws, to the extent necessary.</font></p></td></tr></table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 23.00pt; display: inline;">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
				<font style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> (h)</font>
			</p>
		</td><td style="width:13pt;"><p style="width:13pt;width:13pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt;">
			<font style="display: inline;font-size:11pt;text-decoration:underline;color:#000000;">Signature in Counterparts</font><font style="display: inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;This Award Agreement may be signed in counterparts, each of which will be deemed an original, but all of which will constitute one and the same instrument.</font></p></td></tr></table></div>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;">-</font><font style="display: inline;">2</font><font style="display: inline;">-</font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:239.40pt;padding:0pt 6.5pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;">&nbsp;</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">PARTICIPANT</font></p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">________________________________________</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">Signature</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">Date:____</font><font style="display: inline;font-size:11pt;color:#000000;">_______________________________</font></p>
				</td>
				<td valign="top" style="width:239.40pt;padding:0pt 6.5pt;">
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">CENTRAL FEDERAL CORPORATION</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">By:______</font><font style="display: inline;font-size:11pt;color:#000000;">_______________________________</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">Title:____________________</font><font style="display: inline;font-size:11pt;color:#000000;">________________</font></p>
					<p style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;color:#000000;">Date:_____</font><font style="display: inline;font-size:11pt;color:#000000;">_______________________________</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;">-</font><font style="display: inline;">3</font><font style="display: inline;">-</font>

		</p>

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