Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 204

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 204
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 executive officers and other key employees, including officers and employees
of our Manager and Operating Partnership and their affiliates and other service providers, including our Manager and its affiliates. Together,
we refer to the BHM Individuals Plan and the BHM Entities Plan as the “BHM Incentive Plans.” The BHM Incentive Plans provide
for the grant of options to purchase shares of our common stock, stock awards, stock appreciation rights, performance units, incentive
awards and other equity-based awards, and will generally be administered by the compensation committee of our board of directors.

The following discussion
summarizes the material provisions of the BHM Incentive Plans. The forms of the BHM Incentive Plans are filed as exhibits to our Current
Report on Form 8-K filed with the SEC on October 6, 2022.

Eligibility

Employees and officers of
our Company and our affiliates (including employees of our Operating Partnership and Manager), and members of our board of directors,
will be eligible to receive grants under the BHM Individuals Plan. In addition, individuals who provide significant services to us or
an affiliate, including individuals who provide services to us or an affiliate by virtue of employment with, or providing services to,
our Operating Partnership or Manager, will be eligible to receive grants under the BHM Individuals Plan. An entity that provides significant
services to us or an affiliate will be eligible to receive grants under the BHM Entities Plan.

Limitation of Awards to Non-Employee Directors

Under the BHM Incentive Plans,
no non-employee director may be granted during any calendar year awards with respect to more than 40,000 shares of our common stock.

Share Authorization

The aggregate number of shares
of our common stock authorized for issuance under the BHM Incentive Plans is 3,597,109, with (i) 1,200,000 shares available for issuance
under the BHM Incentive Plans, and (ii) 2,397,109 shares subject to awards granted under the Bluerock Residential Growth REIT, Inc.
Amended and Restated 2014 Equity Incentive Plan for Individuals and the Bluerock Residential Growth REIT, Inc. Amended and Restated
2014 Equity Incentive Plan for Entities (together, the “Prior Plans”) that may become available for issuance or reissuance,
as applicable, under the BHM Incentive Plans if such awards are forfeited, canceled or otherwise terminated