Amendment to Employment Agreement, dated April 30, 2017, by and among Central Federal Corporation, CFBank and Timothy T. ODell
Exhibit 10.1
Employment Agreement Amendment
This is an amendment to the Employment Agreement dated August 15, 2016, between Central Federal Corporation and CF Bank, and Timothy O’Dell. For valuable consideration, the parties hereby amend the Employment Agreement as follows, effective April 30, 2017:
The Initial Term of the Agreement set forth in Section 1 shall be from the Effective Date until December 31, 2019.
In all other respects, the Employment Agreement is hereby ratified as originally written.
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| Central Federal Corporation | |
/s/ Timothy O’Dell | By: /s/ Robert Milbourne | |
Timothy O’Dell | Name: Robert Milbourne | |
| Title: Chair, Compensation Committee | |
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| CFBank | |
| By: /s/ Robert Milbourne | |
| Name: Robert Milbourne | |
| Title: Chair, Compensation Committee |