Document:

Exhibit 4.1

 

 

 

NEITHER THIS NOTE NOR THE SECURITIES
THAT MAY BE ISSUED BY THE COMPANY UPON CONVERSION HEREOF (COLLECTIVELY, THE “SECURITIES”) HAVE BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION.
NEITHER THE SECURITIES NOR ANY INTEREST OR PARTICIPATION THEREIN MAY BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED: (i) IN
THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE 1933 ACT, OR APPLICABLE STATE SECURITIES LAWS;
OR (ii) IN THE ABSENCE OF AN OPINION OF COUNSEL, IN A FORM ACCEPTABLE TO THE ISSUER, THAT REGISTRATION IS NOT REQUIRED UNDER THE
1933 ACT OR; (iii) UNLESS SOLD, TRANSFERRED OR ASSIGNED PURSUANT TO RULE 144 UNDER THE 1933 ACT.

 

8%
CONVERTIBLE PROMISSORY NOTE

 

Maturity
Date of March 29, 2018 *the “Maturity Date”

 

$50,000
June 29, 2017 *the “Issuance Date”

 

Principal Amount:
$50,000

Purchase Price:
$45,000

 

FOR
VALUE RECEIVED, Gopher Protocol Inc., a Nevada Corporation (the “Company”)
doing business in Santa Monica, CA, hereby promises to pay to the order of JSJ Investments Inc., an accredited investor and Texas
Corporation, or its assigns (the “Holder”), the principal
amount of Fifty Thousand Dollars ($50,000) (“Note”),
on demand of the Holder at any time on or after March 29, 2018 (the “Maturity
Date”), and to pay interest on the unpaid principal balance hereof at the rate of
Eight Percent (8%) per annum (the “Interest
Rate”) commencing on the date hereof (the “Issuance
Date”). 

 

The Principal Amount is Fifty Thousand
Dollars ($50,000) and the consideration paid by the Holder is Forty-Five Thousand Dollars ($45,000) (the “Consideration”);
there exists an original issue discount of $5,000 (the “OID”)).

 

		1.	Payments of Principal and Interest.

 

		a.	Pre-Payment and Payment
of Principal and Interest. The Company may pay this Note in full, together with any and
all accrued and unpaid interest, plus any applicable pre-payment premium set forth herein and subject to the terms of this Section
1.a, at any time on or prior to the date which occurs 180 days after the Issuance Date hereof (the “Prepayment Date”).
In the event the Note is not prepaid in full on or before the Prepayment Date, it shall be deemed a “Pre-Payment Default”
hereunder. Until the Ninetieth (90th) day after the Issuance Date the Company may pay the principal at a cash redemption premium
of 135%, in addition to outstanding interest, without the Holder’s consent; from the 91st day to the One Hundred and Twentieth
(120th) day after the Issuance Date, the Company may pay the principal at a cash redemption premium of 140%, in addition to outstanding
interest, without the Holder’s consent; from the 121st day to the Prepayment Date, the Company may pay the principal at a
cash redemption premium of 145%, in addition to outstanding interest, without the Holder’s consent. After the Prepayment
Date up to the Maturity Date this Note shall have a cash redemption premium of 150% of the then outstanding principal amount of
the Note, plus accrued interest and Default Interest, if any, which may only be paid by the Company upon Holder’s prior written
consent. At any time on or after the Maturity Date, the Company may repay the then outstanding
principal plus accrued interest and Default Interest (defined below), if any, to the Holder.

 

		b.	Demand of Repayment. The principal
and interest balance of this Note shall be paid to the Holder hereof on demand by the Holder at any time on or after the Maturity
Date. The Default Amount (defined herein), if applicable, shall be paid to Holder hereof on demand by the Holder at any time such
Default Amount becomes due and payable to Holder.

 

		c.	Interest.
This Note shall bear interest (“Interest”) at the rate
of Eight Percent (8%) per annum from the Issuance Date until the same is paid, or otherwise converted
in accordance with Section 2 below, in full and the Holder, at the Holder’s sole discretion, may include any accrued but
unpaid Interest in the Conversion Amount. Interest shall commence accruing on the Issuance Date, shall be computed on the basis
of a 365-day year and the actual number of days elapsed and shall accrue daily and, after the Maturity Date, compound quarterly.
Upon an Event of Default, as defined in Section 10 below, the Interest Rate shall increase to Eighteen Percent (18%) per annum
for so long as the Event of Default is continuing (“Default
Interest”).

 

		d.	General Payment Provisions. This
Note shall be paid in lawful money of the United States of America by check or wire transfer to such account as the Holder may
from time to time designate by written notice to the Company in accordance with the provisions of this Note. Whenever any amount
expressed to be due by the terms of this Note is due on any day which is not a Business Day (as defined below), the same shall
instead be due on the next succeeding day which is a Business Day and, in the case of any interest payment date which is not the
date on which this Note is paid in full, the extension of the due date thereof shall not be taken into account for purposes of
determining the amount of interest due on such date. For purposes of this Note, “Business
Day” shall mean any day other than a Saturday, Sunday or a day on which commercial banks in the State of Texas are
authorized or required by law or executive order to remain closed.

 

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		2.	Conversion of Note. At any time
after the Issuance Date, the Conversion Amount (see Paragraph 2(a)(i)) of this Note shall be convertible into shares of the Company’s
common stock (the “Common Stock”) according to the
terms and conditions set forth in this Paragraph 2.

 

		a.	Certain Defined Terms. For purposes
of this Note, the following terms shall have the following meanings:

 

		i.	“Conversion
Amount” means the sum of (a) the principal amount of this Note
to be converted with respect to which this determination is being made, (b) Interest; and (c) Default Interest, if any, if so included
at the Holder’s sole discretion. 

 

		ii.	“Conversion
Price” means the lower of: (i) a 45% discount to the lowest trading price during the previous twenty (20) trading
days to the date of a Conversion Notice.

 

		iii.	“Person”
means an individual, a limited liability company, a partnership, a joint venture, a corporation,
a trust, an unincorporated organization and a government or any department or agency thereof.

 

		iv.	“Shares”
means the Shares of the Common Stock of the Company into which any balance on this Note may be converted upon submission of a “Conversion
Notice” to the Company substantially in the form attached hereto as Exhibit 1.

 

		b.	Holder’s Conversion Rights.
At any time after the Issuance Date, the Holder shall be entitled to convert all of the outstanding and unpaid principal and accrued
interest of this Note into fully paid and non-assessable shares of Common Stock in accordance with the stated Conversion Price.
The Holder shall not be entitled to convert on a Conversion Date that amount of the Note in connection with that number of shares
of Common Stock which would be in excess of the sum of the number of shares of Common Stock issuable upon the conversion of the
Note with respect to which the determination of this provision is being made on a Conversion Date, which would result in beneficial
ownership by the Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock of the Company on such
Conversion Date.  For the purposes of the provision to the immediately preceding sentence, beneficial ownership shall be determined
in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder.  Subject
to the foregoing, the Holder shall not be limited to aggregate conversions of 4.99% (“Conversion Limitation 1”). 
The Holder shall have the authority to determine whether the restriction contained in this Section 2(b) will limit any conversion
hereunder, and accordingly, the Holder may waive the conversion limitation described in this Section 2(b), in whole or in
part, upon and effective after 61 days prior written notice to the Company to increase or decrease such percentage to any other
amount as determined by Holder in its sole discretion (“Conversion Limitation 2”).

 

		c.	Fractional Shares. The Company
shall not issue any fraction of a share of Common Stock upon any conversion; if such issuance would result in the issuance of a
fraction of a share of Common Stock, the Company shall round such fraction of a share of Common Stock up to the nearest whole share
except in the event that rounding up would violate the conversion limitation set forth in section 2(b) above.

 

		d.	Conversion Amount. The Conversion
Amount shall be converted pursuant to Rule 144(b)(1)(ii) and Rule 144(d)(1)(ii) as promulgated by the Securities and Exchange Commission
under the Securities Act of 1933, as amended, into unrestricted shares at the Conversion Price.

 

		e.	Mechanics of Conversion. The conversion
of this Note shall be conducted in the following manner:

 

		i.	Holder’s Conversion Requirements.
To convert this Note into shares of Common Stock on any date set forth in the Conversion Notice by the Holder (the “Conversion
Date”), the Holder shall transmit by email, facsimile or otherwise deliver, for receipt on or prior to 11:59 p.m.,
Eastern Time, on such date or on the next business day, a copy of a fully executed notice of conversion in the form attached hereto
as Exhibit 1 to the Company.

 

		ii.	Company’s Response. Upon
receipt by the Company of a copy of a Conversion Notice, the Company shall as soon as practicable, but in no event later than one
(1) Business Day after receipt of such Conversion Notice, send, via email, facsimile or overnight courier, a confirmation of receipt
of such Conversion Notice to such Holder indicating that the Company will process such Conversion Notice in accordance with the
terms herein. Within two (2) Business Days after the date the Conversion Notice is delivered, the Company shall have issued and
electronically transferred the shares to the Broker indicated in the Conversion Notice; should the Company be unable to transfer
the shares electronically, it shall, within two (2) Business Days after the date the Conversion Notice was delivered, have surrendered
to an overnight courier for delivery the next day to the address as specified in the Conversion Notice, a certificate, registered
in the name of the Holder, for the number of shares of Common Stock to which the Holder shall be entitled.

 

		iii.	Record Holder. The person or persons
entitled to receive the shares of Common Stock issuable upon a conversion of this Note shall be treated for all purposes as the
record holder or holders of such shares of Common Stock on the Conversion Date.

 

		iv.	Timely Response by Company. Upon
receipt by Company of a Conversion Notice, Company shall respond within one business day to Holder confirming the details of the
Conversion, and provide within two business days the Shares requested in the Conversion Notice.

 

		v.	Liquidated Damages for Delinquent Response.
If the Company fails to deliver for whatever reason (including any neglect or failure by, e.g., the Company, its counsel
or the transfer agent) to Holder the Shares as requested in a Conversion Notice within three (3) business days of the Conversion
Date, the Company shall be deemed in “Default of Conversion.”
Beginning on the fourth (4th) business day after the date of the Conversion Notice, after the Company is deemed in Default
of Conversion, there shall accrue liquidated damages (the “Conversion
Damages”) of $2,000 per day for each day after the third business day until delivery of the Shares is made, and such
penalty will be added to the Note being converted (under the Company’s and Holder’s expectation and understanding that
any penalty amounts will tack back to the Issuance Date of the Note). The Parties agree that, at the time of drafting of this Note,
the Holder’s damages as to the delinquent response are incapable or difficult to estimate and that the liquidated damages
called for is a reasonable forecast of just compensation.

 

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		vi.	Liquidated Damages for Inability to Issue
Shares. If the Company fails to deliver Shares requested by a Conversion Notice due to an exhaustion of authorized and issuable
common stock such that the Company must increase the number of shares of authorized Common Stock before the Shares requested may
be issued to the Holder, the discount set forth in the Conversion Price will be increased by 5 percentage points (i.e. 40% to 45%)
for the Conversion Notice in question and all future Conversion Notices until the outstanding principal and interest of the Note
is converted or paid in full. These liquidated damages shall not render the penalties prescribed by Paragraph 2(e)(v) void, and
shall be applied in conjunction with Paragraph 2(e)(v) unless otherwise agreed to in writing by the Holder. The Parties agree that,
at the time of drafting of this Note, the Holder’s damages as to the inability to issue shares are incapable or difficult
to estimate and that the liquidated damages called for is a reasonable forecast of just compensation.

 

		vii.	Rescindment of Conversion Notice.
If: (i) the Company fails to respond to Holder within one business day from the date of delivery of a Conversion Notice confirming
the details of the Conversion, (ii) the Company fails to provide the Shares requested in the Conversion Notice within three business
days from the date of the delivery of the Conversion Notice, (iii) the Holder is unable to procure a legal opinion required to
have the Shares issued unrestricted and/or deposited to sell for any reason related to the Company’s standing with the SEC or FINRA,
or any action or inaction by the Company, (iv) the Holder is unable to deposit the Shares requested in the Conversion Notice for
any reason related to the Company’s standing with the SEC or FINRA, or any action or inaction by the Company, (v) if the Holder
is informed that the Company does not have the authorized and issuable Shares available to satisfy the Conversion, or (vi) if OTC
Markets changes the Company’s designation to ‘Limited Information’ (Yield), ‘No Information’ (Stop Sign), ‘Caveat Emptor’ (Skull
and Crossbones), or ‘OTC’, ‘Other OTC’ or ‘Grey Market’ (Exclamation Mark Sign) on the day of or any day after the date of the
Conversion Notice, the Holder maintains the option and sole discretion to rescind the Conversion Notice (“Rescindment”)
by delivering a notice of rescindment to the Company in the same manner that a Conversion Notice is required to be delivered to
the Company pursuant to the terms of this Note.

 

		viii.	Transfer Agent Fees and Legal Fees.
The issuance of the certificates shall be without charge or expense to the Holder. The Company shall pay any and all Transfer Agent
fees, legal fees, and advisory fees required for execution of this Note and processing of any Notice of Conversion, including but
not limited to the cost of obtaining a legal opinion with regard to the Conversion. The Holder will deduct $2,000 from the principal
payment of the Note solely to cover the cost of obtaining any and all legal opinions required to obtain the Shares requested in
any given Conversion Notice. These fees do not make provision for or suffice to defray any legal fees incurred in collection or
enforcement of the Note as described in Paragraph 13. The Holder will deduct 3rd party due diligence fees due Todd Costell
in the amount of $4,500 from the principal payment of the Note.

 

		ix.	Conversion Right Unconditional.
If the Holder shall provide a Notice of Conversion as provided herein, the Company’s obligations to deliver Common Stock
shall be absolute and unconditional, irrespective of any claim of setoff, counterclaim, recoupment, or alleged breach by the Holder
of any obligation to the Company.

 

		3.	Other Rights of Holder: Reorganization,
Reclassification, Consolidation, Merger or Sale. Any recapitalization, reorganization, reclassification, consolidation, merger,
sale of all or substantially all of the Company’s assets to another Person or other transaction which is effected in such
a way that holders of Common Stock are entitled to receive (either directly or upon subsequent liquidation) stock, securities,
cash or other assets with respect to or in exchange for Common Stock is referred to herein as “Organic
Change.” Prior to the consummation of any (i) Organic Change or (ii) other Organic Change following which the Company
is not a surviving entity, the Company will secure from the Person purchasing such assets or the successor resulting from such
Organic Change (in each case, the “Acquiring Entity”)
a written agreement (in form and substance reasonably satisfactory to the Holder) to deliver to Holder in exchange for this Note,
a security of the Acquiring Entity evidenced by a written instrument substantially similar in form and substance to this Note,
and reasonably satisfactory to the Holder. Prior to the consummation of any other Organic Change, the Company shall make appropriate
provision (in form and substance reasonably satisfactory to the Holder) to ensure that the Holder will thereafter have the right
to acquire and receive in lieu of or in addition to (as the case may be) the shares of Common Stock immediately theretofore acquirable
and receivable upon the conversion of the Note, such shares of stock, securities, cash or other assets that would have been issued
or payable in such Organic Change with respect to or in exchange for the number of shares of Common Stock which would have been
acquirable and receivable upon the conversion of the Note as of the date of such Organic Change (without taking into account any
limitations or restrictions on the convertibility of the Note set forth in Section 2(b) or otherwise). All provisions of this Note
must be included to the satisfaction of Holder in any new Note created pursuant to this section.

 

		4.	Representations and Warranties of the
Company. In connection with the transactions provided for herein, the Company hereby represents and warrants to the Holder
the following:

 

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		a.	Organization, Good Standing and Qualification.
The Company is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation
and has all requisite corporate power and authority to carry on its business as now conducted. The Company is duly qualified to
transact business and is in good standing in each jurisdiction in which the failure to so qualify would have a material adverse
effect on its business or properties.

 

		b.	Authorization. All corporate action
has been taken on the part of the Company, its officers, directors and stockholders necessary for the authorization, execution
and delivery of this Agreement. The Company has taken all corporate action required to make all of the obligations of the Company
reflected in the provisions of this Agreement, valid and enforceable obligations. The shares of capital stock issuable upon conversion
of the Note have been authorized or will be authorized prior to the issuance of such shares.

 

		c.	Fiduciary Obligations. The Company
hereby represents that it intends to use the proceeds of the Note primarily for the operations of its business and not for any
personal, family, or household purpose. The Company hereby represents that its board of directors, in the exercise of its fiduciary
duty, has approved the execution of this Agreement based upon a reasonable belief that the proceeds of the Note provided for herein
is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.

 

		d.	Data Request Form. The Company
hereby represents and warrants to Holder that all of the information furnished to Holder pursuant to the data request form (“DRF”)
dated June 29, 2017 is true and correct in all material respects as of the date hereof.

 

		5.	Covenants of the Company.

 

		a.	So long as the Company shall have any obligations under this Note, the Company shall not without
the Holder’s prior written consent pay, declare or set apart for such payment any dividend or other distribution (whether
in cash, property, or other securities) on shares of capital stock solely in the form of additional shares of Common Stock

 

		b.	So long as the Company shall have any obligations under this Note, the Company shall not without
the Holder’s prior written consent redeem, repurchase, or otherwise acquire (whether for cash or in exchange for property
or other securities) in any one transaction or series of transactions any shares of capital stock of the Company or any warrants,
rights, or options to acquire any such shares.

 

		c.	So long as the Company shall have any obligations under this Note, the Company shall not without
the Holder’s prior written consent incur any liability for borrowed money, except (a) borrowings in existence as of this
date and of which the Company has informed the Holder in writing before the date hereof or (b) indebtedness to trade creditors
or financial institutions incurred in the ordinary course of business.

 

		d.	So long as the Company shall have any obligations under this Note, the Company shall not without
the Holder’s prior written consent sell, lease, or otherwise dispose of a significant portion of its assets outside the ordinary
course of business. Any consent to the disposition of any assets may be conditioned upon a specified use of the proceeds thereof.

 

		6.	Issuance of Common Stock Equivalents.
If the Company, at any time after the Issuance Date, shall issue any securities convertible into or exchangeable for, directly
or indirectly, Common Stock (“Convertible Securities”),
other than the Note, or any rights or warrants or options to purchase any such Common Stock or Convertible Securities, shall be
issued or sold (collectively, the “Common Stock Equivalents”)
and the aggregate of the price per share for which additional Shares of Common Stock may be issuable thereafter pursuant to such
Common Stock Equivalent, plus the consideration received by the Company for issuance of such Common Stock Equivalent divided by
the number of shares of Common Stock issuable pursuant to such Common Stock Equivalent (the “Aggregate
Per Common Share Price”) shall be less than the applicable Conversion Price then in effect, or if, after any such
issuance of Common Stock Equivalents, the price per share for which additional Shares of Common Stock may be issuable thereafter
is amended or adjusted, and such price as so amended shall make the Aggregate Per Share Common Price be less than the applicable
Conversion Price in effect at the time of such amendment or adjustment, then the applicable Conversion Price upon each such issuance
or amendment shall be reduced to the lower of: (i) the Conversion Price; or (ii) a twenty-five percent (25%) discount to the lowest
Aggregate Per Common Share Price (whether or not such Common Stock Equivalents are actually then exercisable, convertible or exchangeable
in whole or in part) as of the earlier of (A) the date on which the Company shall enter into a firm contract for the issuance of
such Common Stock Equivalent, or (B) the date of actual issuance of such Common Stock Equivalent. No adjustment of the applicable
Conversion Price shall be made under this Section 6 upon the issuance of any Convertible Security which is outstanding on the day
immediately preceding the Issuance Date.

 

		7.	Reservation of Shares. The Company
shall at all times, so long as any principal amount of the Note is outstanding, reserve and keep available out of its authorized
and unissued shares of Common Stock, solely for the purpose of effecting the conversion of the Note, eight times the number of
shares of Common Stock as shall at all times be sufficient to effect the conversion of all of the principal amount, plus Interest
and Default Interest, if any, of the Note then outstanding (“Share
Reserve”), unless the Holder stipulates otherwise in the “Irrevocable
Letter of Instructions to the Transfer Agent.” So long as this Note is outstanding, upon written request of the Holder
or via telephonic communication, the Company’s Transfer Agent shall furnish to the Holder the then-current number of common
shares issued and outstanding, the then-current number of common shares authorized, the then-current number of unrestricted shares,
and the then-current number of shares reserved for third parties.

 

		8.	Voting Rights. The Holder of this
Note shall have no voting rights as a note holder, except as required by law, however, upon the conversion of any portion of this
Note into Common Stock, Holder shall have the same voting rights as all other Common Stock holders with respect to such shares
of Common Stock then owned by Holder.

 

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		9.	Reissuance of Note. In the event
of a conversion or redemption pursuant to this Note of less than all of the Conversion Amount represented by this Note, the Company
shall promptly cause to be issued and delivered to the Holder, upon tender by the Holder of the Note converted or redeemed, a new
note of like tenor representing the remaining principal amount of this Note which has not been so converted or redeemed and which
is in substantially the same form as this Note, as set forth above.

 

		10.	Default and Remedies.

 

		a.	Event of Default. For purposes
of this Note, an “Event of Default” shall occur upon:

 

		i.	the Company’s default in the payment of the outstanding principal, Interest or Default Interest
of this Note when due, whether at Maturity, acceleration or otherwise;

		ii.	the occurrence of a Default of Conversion as set forth in Section 2(e)(v);

		iii.	the failure by the Company for ten (10) days after notice to it to comply with any material provision
of this Note not included in this Section 10(a);

		iv.	the Company’s breach of any covenants, warranties, or representations made by the Company
herein;

		v.	any of the information in the DRF is false or misleading in any material respect;

		vi.	the default by the Company in any Other Agreement entered into by and between the Company and Holder,
for purposes hereof “Other Agreement” shall mean, collectively, all agreements and instruments between, among or by:
(1) the Company, and, or for the benefit of, (2) the Holder and any affiliate of the Holder, including without limitation, promissory
notes;

		vii.	the cessation of operations of the Company or a material subsidiary;

		viii.	the Company pursuant to or within the meaning of any Bankruptcy Law; (a) commences a voluntary
case; (b) consents to the entry of an order for relief against it in an involuntary case; (c) consents to the appointment of a
Custodian of it or for all or substantially all of its property; (d) makes a general assignment for the benefit of its creditors;
or (e) admits in writing that it is generally unable to pay its debts as the same become due;

		ix.	court of competent jurisdiction entering an order or decree under any Bankruptcy Law that: (a)
is for relief against the Company in an involuntary case; (b) appoints a Custodian of the Company or for all or substantially all
of its property; or (c) orders the liquidation of the Company or any subsidiary, and the order or decree remains unstayed and in
effect for thirty (30) days;

		x.	the Company files a Form 15 with the SEC;

		xi.	the Company’s failure to timely file all reports required to be filed by it with the Securities
and Exchange Commission;

		xii.	the Company’s failure to timely file all reports required to be filed by it with OTC Markets
to remain a “Current Information” designated company;

		xiii.	the Company sells securities after the Issuance Date that do not have a fixed conversion price;

		xiv.	the Company’s Common Stock is reported as “No Inside” by OTC Markets at any time
while any principal, Interest or Default Interest under the Note remains outstanding;

		xv.	the Company’s failure to maintain the required Share Reserve pursuant to the terms of the
Irrevocable Letter of Instructions to the Transfer Agent;

		xvi.	the Company directs its transfer agent not to transfer, or delays, impairs, or hinders its transfer
agent in transferring or issuing (electronically or in certificated form) any certificate for Shares of Common Stock to be issued
to the Holder upon conversion of or otherwise pursuant to this Note as and when required by this Note, or fails to remove (or directs
its transfer agent not to remove or impairs, delays and/or hinders its transfer agent from removing) any restrictive legend (or
to withdraw and stop transfer instructions) on any certificate for any Shares of Common Stock issued to the Holder upon conversion
of or otherwise pursuant to this Note as and when required by this Note (or makes any written announcement, statement or threat
that it does not intend to honor its obligations pursuant to a Conversion Notice submitted by the Holder) and any such failure
shall continue uncured for three (3) Business Days after the Conversion Notice has been delivered to the Company by Holder;

		xvii.	the Company’s failure to remain current in its billing obligations with its transfer agent
and such delinquency causes the transfer agent to refuse to issue Shares to Holder pursuant to a Conversion Notice;

		xviii.	the Company effectuates a reverse split of its Common Stock and fails to provide twenty (20) days
prior written notice to Holder of its intention to do so; or

		xix.	OTC Markets changes the Company’s designation to ‘No Information’ (Stop Sign), ‘Caveat Emptor’
(Skull and Crossbones), or ‘OTC’, ‘Other OTC’ or ‘Grey Market’ (Exclamation Mark Sign).

		xx.	“Change of Control Transaction” means the occurrence
after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group”
(as described in Rule 13d-5(b)(1) promulgated under the Securities Exchange Act of 1934) of effective control (whether through
legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 40% of the voting securities
of the Company, (b) the Company merges into or consolidates with any other Person, as that term is defined in the Securities Act
of 1933, as amended, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the
stockholders of the Company immediately prior to such transaction own less than 60% of the aggregate voting power of the Company
or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another
Person and the stockholders of the Company immediately prior to such transaction own less than 60% of the aggregate voting power
of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more
than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members
of the Board of Directors on the Issuance Date (or by those individuals who are serving as members of the Board of Directors on
any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are
members on the date hereof), or (e) the execution by the Company of an agreement to which the Company  is a party or by which
it is bound.

		xxi.	Altering the conversion terms of any notes that are currently outstanding.

 

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The
Term “Bankruptcy Law”
means Title 11, U.S. Code, or any similar Federal or State Law for the relief of debtors. The
term “Custodian”
means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

 

		b.	Remedies. If an Event of Default
occurs, the Holder may in its sole discretion determine to request immediate repayment of all or any portion of the Note that remains
outstanding; at such time the Company will be required to pay the Holder the Default Amount (defined herein) in cash. For purposes
hereof, the “Default Amount” shall mean: the product
of (A) the then outstanding principal amount of the Note, plus accrued Interest and Default Interest, divided by (B) the Conversion
Price as determined on the Issuance Date, multiplied by (C) the highest price at which the Common Stock traded at any time between
the Issuance Date and the date of the Event of Default. If the Company fails to pay the Default Amount within five (5) Business
Days of written notice that such amount is due and payable, then Holder shall have the right at any time, so long as the Company
remains in default (and so long and to the extent there are a sufficient number of authorized but unissued shares), to require
the Company, upon written notice, to immediately issue, in lieu of the Default Amount, the number of shares of Common Stock of
the Company equal to the Default Amount divided by the Conversion Price then in effect.

 

		11.	Vote to Change the Terms of this Note.
This Note and any provision hereof may only be amended by an instrument in writing signed by the Company and the Holder.

 

		12.	Lost or Stolen Note. Upon receipt
by the Company of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of this Note, and, in the
case of loss, theft or destruction, of an indemnification undertaking by the Holder to the Company in a form reasonably acceptable
to the Company and, in the case of mutilation, upon surrender and cancellation of the Note, the Company shall execute and deliver
a new Note of like tenor and date and in substantially the same form as this Note; provided, however, the Company shall not be
obligated to re-issue a Note if the Holder contemporaneously requests the Company to convert such remaining principal amount, plus
accrued Interest and Default Interest, if any, into Common Stock.

 

		13.	Payment of Collection, Enforcement and
Other Costs. If: (i) this Note is placed in the hands of an attorney for collection or enforcement or is collected or enforced
through any legal proceeding; or (ii) an attorney is retained to represent the Holder of this Note in any bankruptcy, reorganization,
receivership or other proceedings affecting creditors’ rights and involving a claim under this Note, then the Company shall
pay to the Holder all reasonable attorneys’ fees, costs and expenses incurred in connection therewith, in addition to all
other amounts due hereunder.

 

		14.	Cancellation. After all principal,
accrued Interest and Default Interest, if any, at any time owed on this Note has been paid in full or otherwise converted in full,
this Note shall automatically be deemed canceled, shall be surrendered to the Company for cancellation and shall not be reissued.

 

		15.	Waiver of Notice. To the extent
permitted by law, the Company hereby waives demand, notice, protest and all other demands and notices in connection with the delivery,
acceptance, performance, default or enforcement of this Note.

 

		16.	Governing Law. This Note shall
be construed and enforced in accordance with, and all questions concerning the construction, validity, interpretation and performance
of this Note shall be governed by, the laws of the State of Texas, without giving effect to provisions thereof regarding conflict
of laws. Each party hereby irrevocably submits to the non-exclusive jurisdiction of the state and federal courts sitting in Texas
for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed
herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally
subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or that
the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives personal service of process and
consents to process being served in any such suit, action or proceeding by sending, through certified mail or overnight courier,
a copy thereof to such party at the address for such notices to it under this Agreement and agrees that such service shall constitute
good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right
to serve process in any manner permitted by law. EACH PARTY HEREBY IRREVOCABLY
WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION
HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY.

 

		17.	Remedies, Characterizations, Other Obligations,
Breaches and Injunctive Relief. The remedies provided in this Note shall be cumulative and in addition to all other remedies
available under this Note, at law or in equity (including a decree of specific performance and/or other injunctive relief), and
no remedy contained herein shall be deemed a waiver of compliance with the provisions giving rise to such remedy and nothing herein
shall limit the Holder’s right to pursue actual damages for any failure by the Company to comply with the terms of this Note.
The Company covenants to the Holder that there shall be no characterization concerning this instrument other than as expressly
provided herein. Amounts set forth or provided for herein with respect to payments, conversion and the like (and the computation
thereof) shall be the amounts to be received by the Holder thereof and shall not, except as expressly provided herein, be subject
to any other obligation of the Company (or the performance thereof).

 

		18.	Specific Shall Not Limit General; Construction.
No specific provision contained in this Note shall limit or modify any more general provision contained herein. This Note shall
be deemed to be jointly drafted by the Company and the Holder and shall not be construed against any person as the drafter hereof.

 

		19.	Failure or Indulgence Not Waiver.
No failure or delay on the part of the Holder in the exercise of any power, right or privilege hereunder shall operate as a waiver
thereof, nor shall any single or partial exercise of any such power, right or privilege preclude further exercise thereof or of
any other right, power or privilege.

 

    6

     

    

 

 

 

		20.	Partial Payment. In the event of
partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by
the Holder such that the Company is only required to repay the amount funded and the Company is not required to repay any unfunded
portion of this Note, with the exception of any OID contemplated herein. 

 

		21.	Entire Agreement. This Agreement
constitutes the full and entire understanding and agreement between the parties with regard to the subjects herein. None of the
terms of this Agreement can be waived or modified, except by an express agreement signed by all Parties hereto.

 

		22.	Additional Representations and Warranties.
The Company expressly acknowledges that the Holder, including but not limited to its officer, directors, employees, agents, and
affiliates, have not made any representation or warranty to it outside the terms of this Agreement. The Company further acknowledges
that there have been no representations or warranties about future financing or subsequent transactions between the parties.

 

		23.	Notices. All notices and other
communications given or made to the Company pursuant hereto shall be in writing (including facsimile or similar electronic transmissions)
and shall be deemed effectively given:  (i) upon personal delivery, (ii) when sent by electronic mail or facsimile, as deemed
received by the close of business on the date sent, (iii) five (5) days after having been sent by registered or certified mail,
return receipt requested, postage prepaid or (iv) one (1) day after deposit with a nationally recognized overnight courier, specifying
next day delivery.  All communications shall be sent either by email, or fax, or to the email address or facsimile number
set forth on the signature page hereto. The physical address, email address, and phone number provided on the signature page hereto
shall be considered valid pursuant to the above stipulations; should the Company’s contact information change from that listed
on the signature page, it is incumbent on the Company to inform the Holder.

 

		24.	Severability. If one or more provisions
of this Agreement are held to be unenforceable under applicable law, such provision shall be excluded from this Agreement and the
rest of the Agreement shall be enforceable in accordance with its terms.

 

		25.	Usury. If it shall be found that
any interest or other amount deemed interest due hereunder violates the applicable law governing usury, the applicable rate of
interest due hereunder shall automatically be lowered to equal the maximum rate of interest permitted under applicable law. The
Company covenants (to the extent that it may lawfully do so) that it will not seek to claim or take advantage of any law that would
prohibit or forgive the Company from paying all or a portion of the principal, Interest or Default Interest on this Note.

 

		26.	Successors and Assigns. This Agreement
shall be binding upon all successors and assigns hereto.

 

— SIGNATURE PAGE
TO FOLLOW —

 

    7

     

    

 

 

 

IN
WITNESS WHEREOF, the Company has caused this Note to be signed by its CEO, on and as of the Issuance Date.  

 

COMPANY 

 

Signature: /s/ Michael
Murry 

 

	By:	Michael Murray
	 	 
	Title:	CEO

 

	Address:	2500 Broadway
	 	Suite F-125
	 	Santa Monica CA 90404

 

	Email:	info@gopherprotocol.com
	 	 
	Phone:	424-238-4589
	 	 
	Facsimile:	424-238-4301

 

JSJ Investments Inc.

 

Signature:

 

Sameer Hirji, President

JSJ Investments Inc.

10830 North Central Expressway, Suite 152

Dallas TX 75231

888-503-2599

 

    8

     

    

 

 

 

Exhibit 1

Conversion Notice

 

Reference is made to the 8% Convertible
Note issued by Gopher Protocol Inc. (the “Note”), dated June 29, 2017 in the principal amount of $50,000 with 8% interest.
This note currently holds a principal balance of $50,000. The features of conversion stipulate a Conversion Price equal to the
lower of (i) a 45% discount to the lowest trading price during the previous twenty (20) trading days to the date of a Conversion
Notice, pursuant to the provisions of Section 2(a)(ii) in the Note.

 

In accordance with and pursuant to the
Note, the undersigned hereby elects to convert $______ of the principal/interest balance of the Note, indicated below into
shares of Common Stock (the “Common Stock”), of the Company, by tendering the Note specified as of the date specified
below.

 

Date of Conversion: __________

 

Please confirm the following information:

 

Conversion Amount: $ ____________________

 

Conversion Price: $ ____________________
( ____ % discount from $ ____________________)

 

Number of Common Stock to be issued: _____________________________________________________________________

 

Current Issued/Outstanding: _______________________________________________________________________________

 

If the Issuer is DWAC eligible, please
issue the Common Stock into which the Note is being converted in the name of the Holder of the Note and transfer the shares electronically
to:

 

[BROKER INFORMATION]

 

Holder Authorization:

 

JSJ
Investments Inc.

10830 North Central Expressway, Suite
152 *Do not send certificates to this address

Dallas, TX 75231

888-503-2599

 

Tax ID: 20-2122354

 

Sameer Hirji, President 

 

[DATE]

 

[CONTINUED ON NEXT PAGE]

 

    9

     

    

 

 

 

PLEASE
BE ADVISED, pursuant to Section 2(e)(ii) of the Note, “Upon receipt by the Company of a copy of the Conversion Notice,
the Company shall as soon as practicable, but in no event later than one (1) Business Day after receipt of such Conversion Notice,
SEND, VIA EMAIL, FACSIMILE OR OVERNIGHT COURIER, A CONFIRMATION OF RECEIPT
OF SUCH CONVERSION NOTICE TO SUCH HOLDER INDICATING THAT THE COMPANY WILL PROCESS SUCH CONVERSION NOTICE in accordance with
the terms herein. Within two (2) Business Days after the date of the Conversion Confirmation, the Company shall have issued and
electronically transferred the shares to the Broker indicated in the Conversion Notice; should the Company be unable to transfer
the shares electronically, they shall, within two (2) Business Days after the date of the Conversion Confirmation, have surrendered
to FedEx for delivery the next day to the address as specified in the Conversion Notice, a certificate, registered in the name
of the Holder, for the number of shares of Common Stock to which the Holder shall be entitled.”

 

Signature:

	 	 

 

Michael D. Murray

CEO

Gopher Protocol Inc.

 

    10EX-10.1

 Exhibit 10.1 

SEVERANCE AND CHANGE IN CONTROL AGREEMENT 

THIS SEVERANCE AND CHANGE IN CONTROL AGREEMENT (this “Agreement”), is entered into this 30th day of June, 2017 (“Effective Date”) by and among United Community Financial Corp., a bank holding company incorporated under Ohio law (“UCFC”), Home Savings Bank, an Ohio
charted bank (“Home Savings”) (collectively with UCFC, the “Company”) and Timothy W. Esson, an individual (hereinafter referred to as the “Executive”). 

WITNESSETH: 
 WHEREAS, the
Executive and the Company desire to enter into this Agreement to provide Executive with the opportunity to receive severance protections in connection with termination of employment or a Change in Control (defined below) of the Company. The purpose
of the Agreement is to retain talent and to assure the present and future continuity, objectivity and dedication of management in the event of any Change in Control in order to maximize the value of the Company on a Change in Control. 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and for other good and valuable consideration, the
receipt and sufficiency of which is acknowledged by the parties, the Company and the Executive, each party intending to be legally bound, hereby agree as follows: 

1.        Term. 

(a)        Term. Upon the terms and subject to the conditions of this Agreement, the Agreement
shall be effective on the Effective Date and shall end one year from the date thereof (the “Term”), except as otherwise provided in Section 1(b). The Term may be terminated as set forth in this Section 2 of this Agreement. 

(b)        Renewal. The Term of this Agreement shall be extended automatically for an
additional period of 12 months, unless either the Company or the Executive provides the other party with written notice that the Term shall not be so extended within at least 90 days prior to the end of the Term. 

2.        Termination of Employment and this Agreement. For purposes of this Agreement, any reference to the
Executive’s “termination of employment” (or any form thereof) shall mean the Executive’s “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”), and Treasury Regulation §1.409A-1(h). 
 (a)        Death of
Executive. The Term will terminate upon the Executive’s termination of employment due to his death, and the Executive’s beneficiary (as designated by the Executive in writing with the Company prior to the Executive’s death) will
be entitled to the following payments and benefits: 
  

	 	(i)	Any Base Salary that is accrued but unpaid and any business expenses that are unreimbursed – all, as of the date of termination of employment, paid within 30 days after the date of the Executive’s death;

  

	 	(ii)	 Any rights and benefits (if any) provided under any employee benefit plans and programs of the Company,
determined in accordance with the 

	 	
applicable terms and provisions of such plans and programs (the payments described in Sections 2(a)(i) and (ii) are hereinafter collectively referred to as the “Accrued
Obligations”); and 

  

	 	(iii)	An amount equal to 3 months of Executive’s Base Salary, paid within 60 days of death. 

 In
the absence of a beneficiary designation by the Executive, or, if the Executive’s designated beneficiary does not survive the Executive, payments and benefits described in this Section 2(a) will be paid to the Executive’s estate. 

(b)        Disability. For purposes of this Agreement, “Permanent Disability” means a
physical or mental impairment that renders the Executive incapable of performing the essential functions of the Executive’s job, on a full-time basis, even taking into account reasonable accommodation required by law, as determined by a
physician who is selected by the agreement of the Executive and the Company, for a period of greater than 150 days. 
  

	 	(i)	During any period that the Executive fails to perform the Executive’s duties hereunder as a result of a Permanent Disability (“Disability Period”), the Executive will continue to receive the
Executive’s Base Salary at the rate then in effect for such period until the Executive’s employment is terminated; provided, however, that payments of Base Salary so made to the Executive will be reduced by the sum of the amounts, if any,
that were payable to the Executive at or before the time of any such salary payment under any disability benefit plan or plans of the Company and that were not previously applied to reduce any payment of Base Salary. 

 

	 	(ii)	The Company shall pay the Executive a lump sum payment equal to 18 months of COBRA premiums for the coverage Executive had in place, if any, at the date of termination of employment, at the rate of premium in effect at
the time of such eligibility, paid within 60 days of such eligibility. 

  

	 	(iii)	In the event that the Company elects to terminate the Executive’s employment due to Disability, the Executive will be entitled to payment of the Accrued Obligations as described in Section 2(a);

  

	 	(iv)	 In the event that the Company elects to terminate the Executive’s employment due to Disability, the
Executive will be entitled to payment of an amount equal to 1.5 (one and one-half) times the Executive’s Base Salary plus an amount equal to 1.5 (one and one-half) times target annual incentive compensation in effect on the date of the
Executive’s termination of employment, provided that for purposes of this Section 2(b)(iv), Base Salary shall not be reduced for any disability benefits as described under Section 2(b)(i) (nor shall Base Salary be deemed to include
any disability benefits payable under Sections 2(b)(ii) – (v)). Except as otherwise prohibited by applicable Federal or state law or regulation and as otherwise mutually agreed to by the Executive and the Company, the payment due under this
Section 2(b)(iv) shall be paid 

  
 2 

	 	
immediately following the date of termination and be made in accordance with the Company’s normal payroll practices. 

 

	 	(v)	In the event that the Company elects to terminate the Executive’s employment due to Disability, the Executive will also be entitled to payment of any accrued but unpaid annual incentive award, which shall be paid
pursuant to the terms of the applicable incentive plan. 

 (c)        For Cause
Termination. In the event that the Company terminates the Executive’s employment for “Cause,” the Term of this Agreement shall end as of such termination of employment, and the Executive will only be entitled to payment of the
Accrued Obligations in accordance with the schedule described in Section 2(a). For purposes of this Agreement, “Cause” means: 
  

	 	(i)	the Executive’s continued intentional failure or refusal to perform substantially the Executive’s assigned duties (other than as a result of total or partial incapacity due to physical or mental illness) for a
period of ten days following written notice by the Company to the Executive of such failure; 

  

	 	(ii)	the Executive’s engagement in willful misconduct, including without limitation, fraud, embezzlement, theft or dishonesty in the course of the Executive’s employment with the Company; 

 

	 	(iii)	the Executive’s conviction of, or plea of guilty or nolo contendere to a felony or a crime other than a felony, which felony or crime involves moral turpitude or a breach of trust or fiduciary duty owed to the
Company or any of their Affiliates; or 

  

	 	(iv)	the Executive’s disclosure of trade secrets or material, non-public confidential information of the Company or any of its Affiliates in violation of the Company’s or its Affiliates’ policies that applies
to the Executive or any agreement with the Company or any of its Affiliates in respect of confidentiality, nondisclosure or otherwise. 

(d)        Termination Without Cause. If the Executive’s employment is terminated by the
Company for any reason other than the reasons set forth in subsections (a), (b), (c), (e) or (f) of this Section 2, the Executive will be entitled to the following payments and benefits: 

 

	 	(i)	Payment of the Accrued Obligations as described in Section 2(a); 

  

	 	(ii)	 Payment of an amount equal to 1.5 (one and one-half) times the Executive’s Base Salary plus an amount equal
to 1.5 (one and one-half) times target annual incentive compensation in effect on the date of the Executive’s termination of employment, provided that for purposes of this Section 2(d)(ii), Base Salary shall not be reduced for any
disability benefits as described under Section 2(b)(i) (nor shall Base Salary be deemed to include any disability benefits payable under Sections 2(b)(ii) – (v)). Except as otherwise prohibited by applicable Federal or state law or
regulation and as otherwise mutually agreed to by the Executive and the 

  
 3 

	 	
Company, the payment due under this Section 2(d)(ii) shall be paid immediately following the date of termination and be made in accordance with the Company’s normal payroll practices.

  

	 	(iii)	Payment of any accrued but unpaid annual incentive award, which shall be paid pursuant to the terms of the applicable incentive plan; and 

 

	 	(iv)	A lump sum payment equal to 18 months of COBRA premiums for the coverage Executive had in place, if any, at the date of termination of employment, at the rate of premium in effect at the date of termination of
employment, paid within 60 days of termination of employment. 

 (e)        Good
Reason Termination. The Executive may resign and terminate the Term and the Executive’s employment with the Company for “Good Reason” upon not less than 30 days prior written notice to the Company if the Company fails to fully
cure the effect of such condition within 30 days following receipt of Executive’s written notice. 
  

	 	(i)	For purposes of this Agreement, the Executive will have “Good Reason” to terminate the Executive’s employment with the Company if any of the following events occur without the Executive’s consent:

  

	 	(A)	A material diminution in the Executive’s Base Salary; 

  

	 	(B)	A material reduction by the Company of Executive’s duties, responsibilities, authority, or reporting relationship such that Executive no longer serves in as substantive, senior executive role for the Company
comparable in stature to Executive’s current role; 

  

	 	(C)	A material diminution in title; 

  

	 	(D)	A material change in the geographic location in which the Executive must perform services under this Agreement. For purposes of this Agreement, a material change in the geographic location shall mean the relocation of
the Executive’s principal place of employment to a new location that is over 50 miles from the former location(s); 

  

	 	(E)	The Company provides 90 days’ notice to the Executive that it will not renew the Agreement or offer the Executive a substantially similar agreement; or 

 

	 	(F)	Any other action or inaction that constitutes a material breach of this Agreement. 

Notwithstanding the foregoing, Good Reason shall cease to exist for an event on the 90th day following the later of its occurrence or the
Executive’s knowledge thereof, unless the Executive has given the Company written notice of the Executive’s intent to terminate prior to such date. 

  
 4 

 The mere occurrence of a Change in Control shall not constitute “Good Reason” for the
Executive to voluntarily terminate the Term and the Executive’s employment. 
  

	 	(ii)	In the event that the Executive terminates the Executive’s employment with the Company for Good Reason pursuant to Section 2(e)(i)(A), or (D)-(F), the Term of this Agreement shall end as of such termination
from employment, and the Executive will be entitled to: 

  

	 	(A)	Payment of the Accrued Obligations as described in Section 2(a); 

  

	 	(B)	Payment of an amount equal to 1.5 (one and one-half) times the Executive’s Base Salary plus an amount equal to 1.5 (one and one-half) times target annual incentive compensation in effect on the date of the
Executive’s termination of employment, provided that for purposes of this Section 2(e)(ii), Base Salary shall not be reduced for any disability benefits as described under Section 2(b)(i) (nor shall Base Salary be deemed to include
any disability benefits payable under Sections 2(b)(ii) – (v)). Except as otherwise prohibited by applicable Federal or state law or regulation and as otherwise mutually agreed to by the Executive and the Company, the payment due under this
Section 2(e)(ii) shall be paid immediately following the date of termination and be made in accordance with the Company’s normal payroll practices. 

  

	 	(C)	Payment of any accrued but unpaid annual incentive award, which shall be paid pursuant to the terms of the applicable incentive plan; and 

 

	 	(D)	A lump sum payment equal to 18 months of COBRA premiums for the coverage Executive had in place, if any, at the date of termination of employment, at the rate of premium in effect at the date of termination of
employment, paid within 60 days of termination of employment. 

  

	 	(iii)	In the event that the Executive terminates the Executive’s employment with the Company for Good Reason pursuant to Section 2(e)(i)(B) or (C), the Term of this Agreement shall end as of such termination from
employment, and the Executive will be entitled to the payments and benefits described above in Sections 2(e)(ii)(A), (C) and (D), and further entitled to: 

  

	 	(A)	 Payment of an amount equal to 1 (one) time the Executive’s Base Salary plus an amount equal to 1(one) time
target annual incentive compensation in effect on the date of the Executive’s termination of employment, provided that for purposes of this Section 2(e)(iii), Base Salary shall not be reduced for any disability benefits as described under
Section 2(b)(i) (nor shall Base Salary be deemed to include any disability benefits payable under Sections 2(b)(ii) – 

  
 5 

	 	
(v)). Except as otherwise prohibited by applicable Federal or state law or regulation and as otherwise mutually agreed to by the Executive and the Company, the payment due under this
Section 2(e)(iii) shall be paid immediately following the date of termination and be made in accordance with the Company’s normal payroll practices. 

(f)        Termination in Connection with Change In Control. In the event that during the Term,
a Change in Control of the Company occurs and, within 9 months prior or 12 months following such Change in Control, this Agreement and the Executive’s employment is terminated by the Company or its successor without Cause as described in
Section 2(d) or is terminated for Good Reason by the Executive as described in Section 2(e), then in lieu of any payment that might be provided under such Section 2(d) or 2(e), as applicable, of this Agreement, the Executive will be
entitled to the following payments and benefits from the Company or its successors: 
  

	 	(i)	Payment of the Accrued Obligations as described in Section 2(a); 

  

	 	(ii)	Payment of an amount equal to 1.5 (one and one-half) times the Executive’s Base Salary plus an amount equal to 1.5 (one and one-half) times target annual incentive compensation in effect on the date of the
Executive’s termination of employment, provided that for purposes of this Section 2(f)(ii), Base Salary shall not be reduced for any disability benefits as described under Section 2(b)(i) (nor shall Base Salary be deemed to include
any disability benefits payable under Sections 2(b)(ii) – (v)). Except as otherwise prohibited by applicable Federal or state law or regulation and as otherwise reasonably requested by the Executive, the payment due under this
Section 2(f)(ii) shall be paid immediately following the date of termination and be made in accordance with the Company’s normal payroll practices. 

  

	 	(iii)	Payment of any accrued but unpaid annual incentive award, which shall be paid pursuant to the terms of the applicable incentive plan; and 

 

	 	(iv)	A lump sum payment equal to 18 months of COBRA premiums for the coverage Executive had in place, if any, at the date of termination of employment, at the rate of premium in effect at the date of termination of
employment, paid within 60 days of termination of employment. 

(g)        Definition of Change in Control. For purposes of this Agreement, a “Change in
Control” shall mean the occurrence of any of the following events: 
  

	 	(i)	The date any one person, or more than one person acting as a group acquires ownership of shares of UCFC possessing 25% or more of the total voting power of the shares of UCFC; 

 

	 	(ii)	The date that any one person, or more than one person acting as a group, acquires the ability to control the election of a majority of the directors of UCFC or Home Savings; 

  
 6 

	 	(iii)	The date a majority of the members of the Board of UCFC or Home Savings is replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the members of such Board before
the date of the appointment or election; or 

  

	 	(iv)	The acquisition by any person, or more than one person acting as a group, of “control” of UCFC or Home Savings within the meaning of 12 C.F.R. Section 303.81(c). 

For purposes of this subsection (g), the term “person” refers to an individual or corporation, partnership, trust, association,
limited liability company or other organization, but does not include the Executive and any person or persons with whom the Executive is “acting in concert” within the meaning of 12 C.F.R. Section 303.81(b). 

(h)        Treatment of Taxes. If payments provided under this Agreement, when combined with
payments and benefits under all other plans and programs maintained by the Company, constitute “parachute payments” within the meaning of Code Section 280G, the Company or its successor will reduce the Executive’s payments and
benefits under this Agreement and/or the other plans and programs maintained by the Company so that the Executive’s total payments and benefits under this Agreement and all other plans and programs will be $1.00 less than the amount that would
be considered a “parachute payment.” Any reduction pursuant to this Section 2(h) shall be applied consistent with the requirements of Code Section 409A. In addition, in the event of any subsequent inquiries regarding the
treatment of tax payments under this Section 2(h), the parties will agree to the procedures to be followed in order to deal with such inquiries. 

(i)        Release. As a condition to receiving any payments, other than payment of the Accrued
Obligations and accrued but unpaid bonus (if any), pursuant to this Agreement, the Executive agrees to release the Company and all of its Affiliates, employees and directors from any and all claims that the Executive may have against the Company and
all of its Affiliates, employees and directors up to and including the date the Executive signs a Waiver and Release of Claims (“Release”) in the form provided by the Company, which form shall provide for such waivers and/or revocation
periods as are required by, or advisable under, applicable Federal law and/or regulation, and which Release shall be substantially similar to the Form of General Release set forth in Appendix A to this Agreement. Notwithstanding anything to the
contrary in this Agreement, the Executive acknowledges that the Executive is not entitled to receive, and will not receive, any payments pursuant to this Agreement unless and until the Executive provides the Company with said Release prior to the
first date that payment is to be made or is to commence; and if the release execution period begins in one taxable year and ends in another taxable year, payment shall not be made until the beginning of the second taxable year. 

(j)        Coordination of Benefits. If the Executive’s employment is terminated for any
reason described in Sections 2(b), 2(d) or 2(e) and, after such termination, Executive becomes entitled to payments under Section 2(f), the Executive shall receive the payments described in Section 2(f), at the time and in the form
described in Section 2(f), less the amount of any payments previously paid that are described in Sections 2(b)(ii)-(v), 2(d) or 2(e). 

(k)        Attorney’s Fees. It is the intent of the Company that the Executive obtain the
benefits of this Agreement without reduction due to the need to expend funds to pay legal fees or expenses to enforce this Agreement. Therefore, in the event the Executive determines it is 

  
 7 

 
necessary to expend such funds to obtain any payments due hereunder in a timely manner, the Company shall promptly advance all reasonable legal fees and expenses incurred by Executive to obtain
such payments. The Executive shall repay such funds to such Company if and only if Executive brings a legal action to enforce this Agreement and a final non-appealable order is entered in such action that all of Executive’s claims are
frivolous. 
 3.        Withholding. All payments required to be made by the Company hereunder to the
Executive shall be subject to the withholding of such amounts, if any, relating to Federal, State and local tax and other payroll deductions as the Company may reasonably determine should be withheld pursuant to any applicable law or regulation.

 4.        Special Regulatory Events. Notwithstanding anything to the contrary contained herein, the
Executive acknowledges and agrees that any payments made to the Executive pursuant to this Agreement are subject to and conditioned on compliance with the provisions of 12 U.S.C. §1828(k) and Part 359 of the Federal Deposit Insurance
Corporation (FDIC) regulations (12 C.F.R. Part 359), which contain certain prohibitions and limitations on the making of “golden parachute” and certain indemnification payments by FDIC-insured institutions and their holding companies. In
the event any payments to the Executive pursuant to this Agreement are prohibited or limited by the provisions of such statute or regulation, UCFC or Home Savings, as the case may be, will use its commercially reasonable efforts to obtain the
consent of the appropriate regulatory authorities to the payment to the Executive of the maximum amount that is permitted (up to the full amount due under the terms of this Agreement). 

5.        Consolidation, Merger or Sale of Assets. Nothing in this Agreement shall preclude the Company from
consolidating with, merging into, or transferring all, or substantially all, of their assets to another corporation that assumes all their obligations and undertakings hereunder. Upon such a consolidation, merger or transfer of assets, the term
“Company” as used herein, shall mean such other corporation or entity, and this Agreement shall continue in full force and effect. 

6.        Non-Solicitation Covenant. The Executive agrees that, during the Term, including any extension
thereof, and for a period of one year following the Executive’s termination of employment, the Executive shall not, without the express written consent of the Company: 

(a)        Call upon or solicit, either for the Executive or for any other person or firm that engages
in competition with any business operation actively conducted by the Company or any Affiliate during the Term, any customer with whom the Company or any Affiliate directly conducts business during the Term; or interfere with any relationship,
contractual or otherwise, between the Company or any Affiliate and any customer with whom the Company or any Affiliate directly conducts business during the Term; or 

(b)        Induce or solicit any person who is at the date of termination or was during the 12 months
preceding termination an employee, officer or agent of the Company or any Affiliate to terminate said relationship, except as pursuant to Executive’s duties for the Company. 

In the event of a breach by the Executive of any covenant set forth in this Section 6, the term of such covenant will be extended by the
period of the duration of such breach and such covenant as so extended will survive any termination of this Agreement. 

  
 8 

 The restrictions on solicitation provided herein shall be in addition to any restrictions on
solicitation contained in any other agreement between the Company and the Executive and may be enforced by the Company and/or any successor thereto, by an action to recover payments made under this Agreement, an action for injunction, and/or an
action for damages. The provisions of this Section 6 constitute an essential element of this Agreement, without which the Company would not have entered into this Agreement. Notwithstanding any other remedy available to the Company at law or at
equity, the parties hereto agree that the Company or any successor thereto, will have the right, at any and all times, to seek injunctive relief in order to enforce the terms and conditions of this Section 6. 

If the scope of any restriction contained in this Section 6 is too broad to permit enforcement of such restriction to its fullest extent,
then such restriction will be enforced to the maximum extent permitted by law, and the Executive hereby consents and agrees that such scope may be judicially modified accordingly in any proceeding brought to enforce such restriction. 

7.        Confidential Information. The Executive will hold in a fiduciary capacity, for the benefit of the
Company, all secret or confidential information, knowledge, and data relating to the Company and their Affiliates (“Confidential Information”), that shall have been obtained by the Executive in connection the Executive’s employment
with the Company and that is not public knowledge (other than by acts by the Executive or the Executive’s representatives in violation of this Agreement). During the Term and after termination of the Executive’s employment with the
Company, the Executive will not, without the prior written consent of the Company, communicate or divulge any material non-public Confidential Information to anyone other than the Company or those designated by them, unless the communication of such
information, knowledge or data is required pursuant to a compulsory proceeding in which the Executive’s failure to provide such information, knowledge, or data would subject the Executive to criminal or civil sanctions and then only if the
Executive provides notice to the Company prior to disclosure. 
 The restrictions imposed on the release of information described in this
Section 7 may be enforced by the Company and/or any successor thereto, by an action for injunction or an action for damages. The provisions of this Section 7 constitute an essential element of this Agreement, without which the Company
would not have entered into this Agreement. Notwithstanding any other remedy available to the Company at law or at equity, the parties hereto agree that the Company or any successor thereto, will have the right, at any and all times, to seek
injunctive relief in order to enforce the terms and conditions of this Section 7. 
 If the scope of any restriction contained in this
Section 7 is too broad to permit enforcement of such restriction to its fullest extent, then such restriction will be enforced to the maximum extent permitted by law, and the Executive hereby consents and agrees that such scope may be
judicially modified accordingly in any proceeding brought to enforce such restriction. 

8.        Non-Assignability. Neither this Agreement nor any right or interest hereunder shall be assignable by
the Executive, his beneficiaries or legal representatives without the Company’s prior written consent; provided, however, that nothing in this Section 8 shall preclude the Executive from designating a beneficiary to receive any benefits
payable hereunder upon his death or the executors, administrators or legal representatives of the Executive or his estate from assigning any rights hereunder to the person or persons entitled thereto. 

  
 9 

 9.        No Attachment. Except as required by law, no right to
receive payment under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, charge, pledge or hypothecation or to execution, attachment, levy, or similar process of assignment by operation of law,
and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. 

10.        Binding Agreement. This Agreement shall be binding upon, and inure to the benefit of, the Executive
and the Company and their successors and assigns. 
 11.        Amendment of Agreement. This Agreement may
not be modified or amended, except by an instrument in writing signed by the parties hereto. 

12.        Waiver. No term or condition of this Agreement shall be deemed to have been waived, nor shall there
be an estoppel against the enforcement of any provision of this Agreement, except by written instrument of the party charged with such waiver or estoppel. No such written waiver shall be deemed a continuing waiver, unless specifically stated
therein, and each waiver shall operate only as to the specific term or condition waived and shall not constitute a waiver of such term or condition for the future or as to any act other than the act specifically waived. 

13.        Severability. If, for any reason, any provision of this Agreement is held invalid, such invalidity
shall not affect the other provisions of this Agreement not held so invalid, and each such other provision shall, to the full extent consistent with applicable law, continue in full force and effect. If this Agreement is held invalid or cannot be
enforced, then any prior Agreement between the Company (or any predecessor thereof) and the Executive shall be deemed reinstated to the full extent permitted by law, as this Agreement had not been executed. 

14.        Headings. The headings of the paragraphs herein are included solely for convenience of reference and
shall not control the meaning or interpretation of any of the provisions of this Agreement. 
 15.        Effect
of Prior Agreements. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Company or any predecessor of the Company and the Executive. 

16.        Governing Law. This Agreement has been executed and delivered in the State of Ohio and its validity,
interpretation, performance, and enforcement shall be governed by the laws of the State of Ohio, except to the extent that federal law is governing. 

17.        WAIVER OF JURY TRIAL. THE COMPANY AND EXECUTIVE, EACH AFTER CONSULTING OR HAVING HAD THE
OPPORTUNITY TO CONSULT WITH LEGAL COUNSEL, KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT THEY MAY HAVE TO A TRIAL BY JURY IN ANY LITIGATION ARISING OUT OF, OR RELATED TO, THIS AGREEMENT. NO PARTY SHALL SEEK TO CONSOLIDATE, BY
COUNTERCLAIM OR OTHERWISE, ANY LITIGATION IN WHICH A JURY TRIAL HAS BEEN WAIVED WITH ANY OTHER LITIGATION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. 

  
 10 

 18.        Notices. Any notice required or permitted under this
Agreement shall be in writing and either delivered personally or sent by nationally recognized overnight courier, express mail, or certified or registered mail, postage prepaid, return receipt requested, at the following respective address unless
the party notifies the other party in writing of a change of address: 
 If to the Company: 

Chief Executive Officer 
 The
Home Savings and Loan Company of Youngstown, Ohio 
 275 West Federal Street 

Youngstown, Ohio 44503-1203 
 With a copy to:

 General Counsel 
 The Home
Savings and Loan Company of Youngstown, Ohio 
 275 West Federal Street 

Youngstown, Ohio 44503-1203 
 If to the
Executive: 
  

			
		 	Timothy W. Esson
		 	      

		 	      

 A notice delivered personally shall be deemed delivered and effective as of the date of delivery. A notice
sent by overnight courier or express mail shall be deemed delivered and effective one (1) business day after it is deposited with the postal authority or commercial carrier. A notice sent by certified or registered mail shall be deemed
delivered and effective two (2) business days after it is deposited with the postal authority. 

19.        Code Section 409A Requirements. 

(a)        Treatment of Reimbursements and/or In-Kind Benefits. Notwithstanding anything in
this Agreement to the contrary, any reimbursements or in-kind benefits provided under this Agreement (including any reimbursement for or provision or in-kind medical benefits beyond the period of time described in Treasury Regulation
§1.409A-1(b)(9)) shall be made or provided in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirements that: (1) any reimbursement is for expenses incurred during the period of time
specified in this Agreement, (2) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during any taxable year of the Executive may not affect the expenses eligible for reimbursement, or in-kind benefits to be
provided, in any other taxable year of the Executive, (3) the reimbursement of an eligible expense will be made no later than the last day of the Executive’s taxable year following the year in which the expense is incurred, and
(4) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. 

(b)        Six-Month Distribution Delay for Specified Employees. Notwithstanding anything in
this Agreement to the contrary, in the event that the Executive is a “specified 

  
 11 

 
employee” (as defined in Code Section 409A) of the Company, or their Affiliates, as determined pursuant to the Company’s policies for identifying specified employees, on the date
of the Executive’s termination of employment and the Executive is entitled to a payment and/or a benefit under this Agreement that is required to be delayed pursuant to Code Section 409A(a)(2)(B)(i), then such payment or benefit, as
applicable, shall not be paid or provided (or begin to be paid or provided) until the first day of the seventh month following the date of the Executive’s termination of employment (or, if earlier, the date of the Executive’s death). The
first payment that can be made to the Executive following such period shall include the cumulative amount of any payments or benefits that could not be paid or provided during such period due to the application of Code Section 409A(a)(2)(B)(i).

 (c)        Compliance with Code Section 409A. The parties intend that this Agreement
comply with, or be exempt from, the requirements of Code Section 409A, as applicable, and, to the maximum extent permitted by law, shall administer, operate and construe this Agreement accordingly. For purposes of the limitations on
nonqualified deferred compensation under Code Section 409A, each payment of compensation under this Agreement shall be treated as a separate payment of compensation for purposes of applying the deferral election rules of Code Section 409A
and the exclusion from Code Section 409A for certain “short-term deferrals”. Any amounts payable solely on account of an “involuntary separation from service” within the meaning of Code Section 409A shall be excludible
from the requirements of Code Section 409A, either as “separation pay” or as a “short-term deferral” to the maximum possible extent. Nothing herein shall be construed as the guarantee of any particular tax treatment to the
Executive, and none of the Company, their Boards of Directors, or any Affiliates shall have any liability with respect to any failure to comply with the requirements of Code Section 409A. 

[REMAINDER OF PAGE INTENTIONALLY BLANK] 

  
 12 

 IN WITNESS WHEREOF, the Company have caused this Agreement to be executed by its duly authorized
officer and the Executive has signed this Agreement, each as of the day and year first above written. 
  

			
	HOME SAVINGS BANK
		
	By:	 	/s/ Gary M. Small
		 	  

	Name:	 	Gary M. Small
	Title:	 	President & Chief Executive Officer
	
	UNITED COMMUNITY FINANCIAL CORP.
		
	By:	 	/s/ Gary M. Small
		 	  

	Name:	 	Gary M. Small
	Title:	 	President & Chief Executive Officer
		
		 	/s/ Timothy W. Esson
		 	  

	Name:	 	Timothy W. Esson

  
 13 

 Appendix A 

FORM OF WAIVER AND RELEASE 

The parties to this Waiver and Release (this “Agreement”), United Community Financial Corp., a bank holding company incorporated
under Ohio law (“UCFC”), Home Savings Bank, an Ohio chartered bank (“Home Savings”) and their respective affiliates, parents, successors, predecessors, and subsidiaries (collectively, the “Company”) and
                    , an individual (hereinafter referred to as the “Executive”) agree that: 

The Company employed Employee on an at-will basis, meaning that Employee or the Company could terminate the employment relationship at any
time and for any reason, not contrary to law. Employee and the Company now wish to terminate their employment relationship effective
                        , 20         (the “Separation Date”) in a
manner that is satisfactory to both Employee and the Company. 
 Executive and the Company, for the good and valuable consideration stated
below, the sufficiency of which is acknowledged, agree as follows: 
 1.        In exchange for the Company’s
promises in this Agreement, Executive, including Executive’s heirs, administrators, executors, spouse, if any, successors, estate, representatives and assigns and all others claiming by or through Executive, voluntarily and knowingly releases
the Company, parent companies, their subsidiaries, divisions, affiliates, related companies, predecessors, successors, partners, members, directors, officers, trustees, employees, independent contractors, consultants, stockholders, owners,
attorneys, agents, benefit plans, subrogees, insurers, representatives and assigns, whether alleged to have acted in their official capacities or personally (collectively, the “Released Parties”) completely and forever, from any and all
claims, causes of action, suits, contracts, promises, or demands of any kind, which Executive may now have, whether known or unknown, intentional or otherwise, from the beginning of time to the Effective Date of this Agreement, with the sole and
limited exception of the rights and claims reserved in Paragraph 2.1. The Effective Date of this Agreement is the date it is signed by Executive. 

2.        Executive understands and agrees that this Agreement covers all claims described in Paragraph 1, including,
but not limited to, any alleged violation of: 
  

	 	•	 	the Civil Rights Act of 1991; 

  

	 	•	 	Title VII of the Civil Rights Act of 1964, as amended; 

  

	 	•	 	Americans with Disabilities Act; 

  

	 	•	 	Employee Retirement Income Security Act; 

  

	 	•	 	the Worker Adjustment and Retraining Notification Act; 

  

	 	•	 	the Family Medical Leave Act; 

  
 A-1 

	 	•	 	the Age Discrimination in Employment Act as amended by the Older Workers Benefit Protection Act; 

  

	 	•	 	the Fair Labor Standards Act, to the extent permitted by law; 

  

	 	•	 	the Occupational Safety and Health Act of 1970; 

  

	 	•	 	The Ohio Fair Employment Practices Law, including but not limited to O.R.C. Title 41 § 4112.01 et seq; 

  

	 	•	 	the Ohio Fair Employment Practices Law, ORC, Title 41 § 4112-01 et seq., as amended; 

  

	 	•	 	the Ohio Commission Policies Statement on Aids; 

  

	 	•	 	the Ohio Equal Pay Law, O.R.C. Title 41 § 4111.13, 4111.17, and 4111.99, et seq., as amended; 

  

	 	•	 	retaliation for exercise of rights under the Ohio Workers’ Compensation Law; 

  

	 	•	 	Workers’ Compensation Anti-Retaliation Act, Ohio Rev. Code § 4123.90; 

  

	 	•	 	Whistleblower Protection Act for Public Employees, Ohio Rev. Code § 124.341; 

  

	 	•	 	Ohio Whistleblower Statute, Ohio Rev. Code § 4113.52; 

  

	 	•	 	Ohio State Wage Payment and Work Hour Laws—Ohio Rev. Code Ann. § 4111.01, et seq.; 

  

	 	•	 	Ohio Political Action of Employees Laws; 

  

	 	•	 	Ohio Witness and Juror Leave Laws—Ohio Rev. Code Ann. § 2313.18, et seq.; 

  

	 	•	 	Ohio Voting Leave Laws—Ohio Rev. Code Ann. § 3599.06, et seq.; 

  

	 	•	 	Ohio Military Family Medical Leave Act—Ohio Rev. Code Ann. § 5906.01, et seq.; 

  

	 	•	 	and any other federal, state or local civil, labor, pension, wage-hour or human rights law, federal or state public policy, contract or tort law; 

 

	 	•	 	any claim arising under federal or state common law, including, but not limited to, constructive or wrongful discharge or intentional or negligent infliction of emotional distress; 

 

	 	•	 	and any claim for costs or attorney’s fees. 

2.1        This Agreement does not include, and Executive does not waive, any rights or
claims: (1) which may arise after Executive signs this Agreement; (2) for alleged workplace injuries or occupational disease that arise under any state’s workers’ compensation laws (Executive does waive and fully release the
Released Parties from any claims under Ohio Rev. 

  
 A-2 

 
Code § 4123.90); (3) for benefits in which Executive has a vested right under any pension plans; (4) which cannot be released by law; (5) to enforce this Agreement; or
(6) to participate in any proceedings before an administrative agency responsible for enforcing labor and/or employment laws, e.g., the Equal Employment Opportunity Commission. Executive agrees, however, to waive and release any right to
receive any monetary award from such proceedings. Nothing in this Agreement (including the confidentiality and non-disparagement provisions) shall be construed to limit Executive’s right to participate in administrative proceedings, as
described in this Paragraph 2.1, to provide information to an agency responsible for enforcing unemployment compensation laws, or to file an action to enforce this Agreement. 

This Agreement does not include, and Employee does not waive, any rights or claims: (1) which may arise after Employee signs this
Agreement; (2) for alleged workplace injuries or occupational disease that arise under any state’s workers’ compensation laws; (3) which cannot be released by law; (4) to enforce this Agreement; or (5) to participate in
any proceedings before and administrative agency responsible for enforcing labor and/or employment laws, e.g., the Equal Employment Opportunity Commission. Employee agrees, however, to waive and release any right to receive any monetary award
from proceedings before the Equal Employment Opportunity Commission and parallel state agencies. 
 Nothing in this Agreement
(including the confidentiality and non-disparagement provisions) shall be construed to limit Employee’s right to (1) respond accurately and fully to any question, inquiry or request for information when required by legal process or from
initiating communications directly with, or responding to any inquiry from, or providing testimony before, any self-regulatory organization or state or federal regulatory authority, regarding the Company, Employee’s employment, or this
Agreement. Employee is not required to contact the Company regarding the subject matter of any such communications before engaging in such communications; (2) disclose information to an administrative agency responsible for enforcing labor
and/or employment laws; or (3) to provide information to an agency responsible for enforcing unemployment compensation laws. 

3.        Executive agrees to keep the terms of this Agreement confidential and not to disclose the terms of this
Agreement to any third party at any time, other than to Executive’s attorneys, taxing authorities, accountants, or as otherwise required by law. Executive agrees to use Executive’s best efforts to ensure that the terms of this Agreement
are kept confidential by Executive’s spouse, heirs, assigns, attorneys, etc. 

3.1        Executive is not prohibited from disclosing the terms of this Agreement to Executive’s
spouse, if any, attorney, if any, or accountant, in a proceeding to enforce its terms, or as otherwise required by law or court order. Should Executive receive legal papers or process that Executive believes would require Executive to disclose the
terms of this Agreement, Executive agrees to notify, in writing and within 7 days of Executive’s receipt of such legal papers or process, Jude J. Nohra, Executive Vice President, General Counsel & Secretary, Home Savings Bank, 275 W.
Federal Street, Youngstown, Ohio 44503, 330.742.0572. 
 4.        In exchange for Executive’s promises
contained herein, the Company agrees to pay Executive in accordance with the Severance and Change in Control Agreement. 

5.        The parties agree that if any provision of this Agreement is declared illegal or unenforceable by any court
of competent jurisdiction and cannot be modified to be enforceable, 

  
 A-3 

 
including the general release language, the provision declared illegal or unenforceable will immediately become null and void, leaving the remainder of this Agreement in full force and effect.

 6.        Executive declares and expressly warrants that Executive is not Medicare eligible, that Executive is
not a Medicare beneficiary, and that Executive is not within 30 months of becoming Medicare eligible; that Executive is not 65 years of age or older; that Executive is not suffering from end stage renal failure or amyotrophic lateral sclerosis; that
Executive has not received Social Security benefits for 24 months or longer; and/or that Executive has not applied for Social Security benefits, and/or has not been denied Social Security disability benefits and is not appealing any denial of Social
Security disability benefits. 
 6.1        Executive affirms, covenants and warrants that Executive
has made no claim for illness or injury against, nor is Executive aware of any facts supporting any claim against, the Released Parties under which the Released Parties could be liable for medical expenses incurred by Executive before or after the
execution of this Agreement. 
 6.2        Because Executive is not a Medicare recipient as of the
date of this release, Executive is aware of no medical expenses that Medicare paid and for which the Released Parties are or could be liable now or in the future. Executive agrees and affirms that, to the best of Executive’s knowledge, no liens
of any governmental entities, including those for Medicare conditional payments, exist. 
 7.        In compliance
with the Older Workers Benefit Protection Act, Executive is hereby advised to consult with an attorney regarding the terms, meaning and impact of this Agreement. 

7.1        IN ADDITION, EXECUTIVE UNDERSTANDS AND AGREES THAT: (A) BY SIGNING THIS AGREEMENT,
EXECUTIVE WAIVES AND RELEASES ANY CLAIMS EXECUTIVE MIGHT HAVE AGAINST ANY OF THE RELEASED PARTIES, INCLUDING, BUT NOT LIMITED TO, ANY CLAIMS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967; (B) EXECUTIVE HAS TWENTY-ONE (21) DAYS
FROM THE DATE OF RECEIPT OF THIS AGREEMENT TO CONSIDER WHETHER OR NOT TO EXECUTE THIS AGREEMENT, WHICH EXECUTIVE WAIVES BY VIRTUE OF EXECUTIVE’S EXECUTION OF THE AGREEMENT DURING THE CONSIDERATION PERIOD; AND (C) AFTER EXECUTIVE SIGNS THIS
AGREEMENT AND IT BECOMES EFFECTIVE, EXECUTIVE HAS SEVEN DAYS FROM THAT DATE TO CHANGE EXECUTIVE’S MIND AND REVOKE THE AGREEMENT. TO REVOKE THE AGREEMENT, EXECUTIVE MUST CLEARLY COMMUNICATE EXECUTIVE’S DECISION IN WRITING AS PROVIDED IN
PARAGRAPH 3.1 BY THE SEVENTH DAY FOLLOWING THE EFFECTIVE DATE OF THIS AGREEMENT. EXECUTIVE UNDERSTANDS AND AGREES THAT SHOULD EXECUTIVE REVOKE EXECUTIVE’S RELEASE AND WAIVER AS TO CLAIMS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF
1967, AS AMENDED, THE COMPANY’S OBLIGATIONS UNDER THIS AGREEMENT WILL BECOME NULL AND VOID. 

8.        Executive agrees that Executive will not, in any way, disparage the Company or any of the Released Parties.
The Company agrees that they will not, in any way, disparage Executive. 

  
 A-4 

 
Further, Executive and the Company agree that they will not make, nor solicit, any comments, statements, or the like to the media, or to others, that may be considered to be derogatory or
detrimental to the good name or business reputation of Executive or the Company. 
 9.        Executive acknowledges
that, through Executive’s employment with the Company, Executive has acquired and had access to the Company’s confidential and proprietary business information and trade secrets (“Confidential Information”). Executive
acknowledges and agrees that the Company prohibit the use or disclosure of its Confidential Information and that the Company have taken all reasonable steps necessary to protect the secrecy of such Confidential Information. Executive acknowledges
and agrees that “Confidential Information” includes any data or information that is valuable to the Company and not generally known to competitors of the Company or other outsiders, regardless of whether the confidential information is in
printed, written or electronic form, retained in Executive’s memory or has been compiled or created by Executive, including but not limited to: business plans; product designs, drawings and formulas; test and development data; customer or
prospective customer, vendor, supplier and distributor information; financial information; marketing strategies; pending projects and proposals; personnel and payroll records; pricing data; contract terms; proprietary production processes; third
party information that we have a duty to maintain as confidential; and other business-related information, which, if made available to our competitors or the public, would be advantageous to such competitors and detrimental to the Company. Executive
agrees that Executive has not and in the future will not use, or disclose to any third party, Confidential Information, unless compelled by law after reasonable advance notice to the Company, and further agrees to return all documents, disks, CDs,
DVDs, drives, storage devices or any other item or source containing Confidential Information, or any other of the Company’s property, to the Company upon execution of this Agreement. Employee understands that he shall not be held criminally or
civilly liable under any Federal or state trade secret law for the disclosure of a trade secret that: (1) is made (a) in confidence to a Federal, state, or local government official, either directly or indirectly, or to an attorney, and
(b) solely for the purpose of reporting or investigating a suspected violation of law; or (2) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Employee also understands
that disclosure of trade secrets to attorneys, made under seal, or pursuant to court order is also protected in certain circumstances under 18 U.S. Code §1833. If Executive has any question regarding what data or information would be considered
by the Company to be Confidential Information subject to this provision, Executive agrees to contact Jude J. Nohra, Executive Vice President, General Counsel & Secretary, Home Savings Bank, 275 W. Federal Street, Youngstown, Ohio 44503,
330.742.0572. 
 10.        THIS AGREEMENT CONTAINS THE COMPLETE UNDERSTANDING BETWEEN THE PARTIES. THE PARTIES
AGREE THAT NO PROMISES OR AGREEMENTS WILL BE BINDING OR WILL MODIFY THIS UNDERSTANDING UNLESS IN WRITING AND SIGNED BY BOTH PARTIES. THIS RELEASE SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF ANY PRIOR WRITTEN AGREEMENTS BY AND BETWEEN COMPANY
AND EXECUTIVE. 
 11.        THE COMPANY AND EXECUTIVE, EACH AFTER CONSULTING OR HAVING HAD THE OPPORTUNITY
TO CONSULT WITH LEGAL COUNSEL, KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT THEY MAY HAVE TO A TRIAL BY JURY IN ANY LITIGATION ARISING OUT OF, OR 

  
 A-5 

 
RELATED TO, THIS AGREEMENT. NO PARTY SHALL SEEK TO CONSOLIDATE, BY COUNTERCLAIM OR OTHERWISE, ANY LITIGATION IN WHICH A JURY TRIAL HAS BEEN WAIVED WITH ANY OTHER LITIGATION IN WHICH A JURY
TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. 
 12.        This Agreement may be executed in multiple counterparts,
each of which will be considered an original, and all of which will be considered a single memorandum. If Executive signs a facsimile copy of this Agreement, Executive also will provide the Company with a conforming original copy. 

13.        The validity, construction, and interpretation of this Agreement and the rights and duties of the parties
to this Agreement will be governed by the laws of the State of Ohio without regard to any state conflict of law rules. 
 The parties agree
that they have read this Agreement, understand and agree to its terms, and have knowingly and voluntarily signed it on the dates written below. 
  

			
	“Executive”

 
			
		
	By:	 	
		 	  

 
			
	Name:	 	
		 	  

 
			
	
	HOME SAVINGS BANK

 
			
		
	By:	 	
		 	  

 
			
	Name:	 	
		 	  

 
			
	Title:	 	
		 	  

 
			
	
	UNITED COMMUNITY FINANCIAL CORP.

 
			
		
	By:	 	
		 	  

 
			
	Name:	 	
		 	  

 
			
	Title:	 	
		 	  

  
 A-6

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