This EMPLOYMENT AGREEMENT (this "Agreement"), dated as of May 1, 2017 and among Broadway Financial Corporation, ("BFC"), Broadway Federal Bank, f.s.b. e "Bank" and, together with BFC, the "Company"), and Norman "Sandy" Bellefeuille e "Executive"). The term Company shall refer to BFC in respect of Executive's services BFC and to the Bank in respect of the Executive's services to the Banlc WHEREAS, the Executive has served as a senior executive officer of the Company the Bank since July 9, 2012; and WHEREAS, the Company desires to continue to retain the Executive to serve as ior Vice President, Chief Loan Officer of the Company on the terms and conditions set h in this Agreement, and the Executive desires to provide such services on such terms conditions. NOW, THEREFORE, in consideration of the terms and mutual covenants herein for other good and valuable consideration, the parties hereto agree as follows: 1. Services, Duties and Responsibilities. (a) The Company hereby agrees to employ the Executive as its Senior e President, Chief Loan Officer during the service period fixed by Section 4 hereof (the rvice Period"). The Executive shall report to the President and Chief Executive Officer FC (the "Chief Executive Officer") (or such other senior executive officer designated he Board of Directors of BFC, in which case the term Chief Executive Officer shall n such other designated senior executive officer), and shall have such duties and onsibilities as are consistent with the position of a senior vice president and chief loan cer of a bank and holding company of similar size and complexity as the Company (the r vices"). The Executive's principal work location shall be at the Company's principal cutive offices, provided, that the Executive may be required to travel as reasonably ssary in order to perform the Executive's duties and responsibilities hereunder. (b) During the Service Period, excluding any periods of vacation and leave to which the Executive is entitled, the Executive shall devote substantially all of Executive's working time, energy and attention to the performance of his duties and onsibilities hereunder and shall faithfully and diligently endeavor to promote the ness of the Company. During the Service Period, the Executive may not, without the r written consent of the Chief Executive Officer, directly or indirectly, operate, cipate in the management, operations or control of, or act as an executive, officer, ultant, agent or representative of, any type of competitive business or service, ided that the Executive may, to the extent not otherwise prohibited by this Agreement, te such amount of time as does not interfere with the performance of the Executive's s under this Agreement to engaging in community and charitable activities.