AMENDMENT TO EMPLOYMENT AGREEMENT BETWEEN CFBANK AND DAVID C.
AMENDMENT TO EMPLOYMENT AGREEMENT
This AMENDMENT TO EMPLOYMENT AGREEMENT (this "AMENDMENT") is entered into and made
effective as of May 10, 2004 between CFBank, a federally chartered savings association fka Central Federal
Bank fka Central Federal Savings and Loan Association of Wellsville (the "ASSOCIATION"), and David C.
Vernon, an Ohio resident (the "EXECUTIVE").
A. The Association and the Executive entered into an Employment Agreement as of February 28, 2003 (the
"Agreement") for a term of 36 months.
B. The Association values the services and contributions that the Executive has made to it and seeks to extend
the period of service under the Agreement by an additional 24 months.
C. The Executive is willing to extend the period of his service to the Association.
NOW, THEREFORE, in consideration of the mutual covenants and promises set forth in this Amendment, the
Association and the Executive agree as follows:
1. Section 2(a) is hereby amended by deleting "thirty six (36) and substituting "sixty (60)" therefore.
2. Section 3(b) is hereby amended by adding ", whether or not made available to any other senior executive or
key management employee of the Association" to the end of the second sentence of the Subsection.
3. All provisions of the Agreement, other than as modified in this Amendment, are hereby ratified and shall remain
in full force and effect.
IN WITNESS WHEREOF, the Association and the Executive have executed this Amendment as of the day and
year first written above.
THE ASSOCIATION: THE EXECUTIVE:
CENTRAL FEDERAL CORPORATION
/s/ David C. Vernon
By: /s/ Thomas P. Ash David C. Vernon
Print: Thomas P. Ash
For the Board of Directors