Company: OLP
Filing Date: 2025-06-09
Form Type: S-8
Source: 0001213900-25-052678
Chunk: 4

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-06-09
Form: S-8
Chunk 4
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 that the person’s action, or failure
to act, was the result of active and deliberate dishonesty and was material to the cause of action adjudicated in the proceeding. Our
Charter provides for the elimination of the liability of our directors and officers to us or our stockholders for money damages to the
maximum extent permitted by Maryland law from time to time.

Insurance Coverage

Our directors and officers are covered by insurance
policies maintained by us or on our behalf insuring against certain liabilities for actions taken in their capacities as such, including
liabilities under the Securities Act.

SEC’s Position on Indemnification

Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers or persons controlling us 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.

| Item 7. | Exemption from Registration Claimed. |

Not applicable.

| Item 8. | Exhibits. |

See attached exhibit list.

| Item 9. | Undertakings. |

(a) We hereby undertake:

(1) To file, during any period in which
offers or sales are being made, a post-effective amendment to this Registration Statement:

| (i) | To include any prospectus required by Section 10(a)(3) of the Securities Act; |

| (ii) | To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement.  Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective Registration Statement. |

| (iii) | To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; |

Provided, however , that paragraphs (a)(1