Company: CLPR
Filing Date: 2025-01-23
Form Type: S-3
Source: 0001437749-25-001690
Chunk: 107

Company: Clipper Realty Inc.
Filing Date: 2025-01-23
Form: S-3
Chunk 107
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 a director or officer. Our charter also permits us, with the approval of our board of directors, to indemnify and advance expenses to any person who served a predecessor of ours in any of the capacities described above and to any employee or agent of our company or a predecessor of our company.

We maintain directors’ and officers’ liability insurance which would indemnify our directors and officers against damages arising out of certain kinds of claims which might be made against them based on their negligent acts or omissions while acting in their capacity as such.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling our Company pursuant to the foregoing provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

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| Item 16. | Index to Exhibits. |

The following exhibits are filed as part of, or incorporated by reference into, this registration statement on Form S-3:

| Exhibit 
 Number  
 1.1*    
 4.1     
 4.2     |     | Description                                                                                                                                                                                                                                                 
 Form of Underwriting Agreement                                                                                                                                                                                                                              
 Articles of Amendment and Restatement of Clipper Realty Inc. (incorporated by reference to Exhibit 3.1 to the Registrant’s Annual Report on Form 10-K filed with the SEC on March 14, 2024).                                                                
 Bylaws of Clipper Realty Inc. (incorporated by reference to Exhibit 3.2 to the Registrant’s Annual Report on Form 10-K filed with the SEC on March 14, 2024).                                                                                               |
|:--------|:----|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.3     |     | Articles Supplementary designating 140 shares of Clipper Realty Inc.’s 12.5% Series A Cumulative Non-Voting Preferred Stock (incorporated by reference to Exhibit 3.3 to the Registrant’s Annual Report on Form 10-K filed with the SEC on March 14, 2024). |
| 4.4*    |     | Form of Certificate Representing Preferred Stock                                                                                                                                                                                                            |
| 4.5*    |     | Form of Warrant                                                                                                                                                                                                                                             |
| 4.6*    |     | Form of Warrant Agreement                                                                                                                                                                                                                                   |
| 4.7*    |     | Form of Right Certificate