Amendment to Employment Agreement, dated April 30, 2017, by and among Central Federal Corporation, CFBank and Timothy T. ODell

EX-10.1 3 cfbk-20170930xex10_1.htm EX-10.1 EX 101

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.









 

 



 

Central Federal Corporation

/s/ Timothy O’Dell

 

By: /s/ Robert Milbourne

Timothy O’Dell

 

Name: Robert Milbourne



 

Title: Chair, Compensation Committee



 

 



 

 



 

 



 

CFBank



 

By: /s/ Robert Milbourne



 

Name: Robert Milbourne



 

Title: Chair, Compensation Committee