overed Shares 194,390 ate of Grant: February 27, 2019 BROADWAY FINANCIAL CORPORATION AWARD AGREEMENT Pursuant to the Broadway Financial Corporation 2018 Long-Term Incentive Plan e "Plan"), Broadway Financial Corporation (the "Company") hereby grants a Full ue Award in the form of restricted stock to the Grantee named above covering 4,390 shares of Common Stock of the Company (the "Award"). Upon acceptance o Award, the Grantee shall receive the number of shares of Stock of the Company ered by the Award, subject to the restrictions and conditions set forth herein and in Plan (the "Restricted Stock"). The Company acknowledges the receipt from the ntee of consideration with respect to the par value of the Stock in the form of cash, t or future services rendered to the Company by the Grantee or such other form of sideration as is acceptable to the Committee. The Company is currently a participant in the Capital Purchase Program, eloped pursuant to the United States Department of Treasury's Troubled Asset ief Program ("TARP") under the Emergency Economic Stabilization Act of 2008, as ended. To the extent that, with respect to this Award, the Grantee is subject to the trictions of Section 30.10 of 31 C.F.R. part 30, an interim final regulation promulgate he United States Department of Treasury ("Treasury") governing executive pensation for recipients of financial assistance under TARP, and the guidance ted thereto (the "TARP Rules"), this Award is and shall be intended to satisfy the uirements for and qualify as an award of "long term restricted stock," as defined the RP Rules, and this Agreement shall be interpreted and construed in accordance ewith. 1. Acceptance of Award. The Grantee shall have no rights with respect to this rd unless Grantee shall have accepted this Award by signing a copy of this Award eement and delivering the signed copy to the Company. Upon acceptance of this rd by the Grantee, the shares of Restricted Stock so accepted shall be issued and by the Company's transfer agent in book entry form, and the Grantee's name shall entered as the stockholder of record on the books of the Company. Thereupon, the ntee shall have all the rights of a stockholder with respect to such shares, including ng and dividend rights, subject, however, to the restrictions and conditions specified aragraph 2 below. 2. Restrictions and Conditions.