Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 54

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 54
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stock or ordinary shares, as applicable, of the surviving corporation immediately after such liquidation as immediately before; or

(e) Within any twenty-four (24) month period, the Incumbent Directors
shall cease to constitute at least a majority of the Board or the board of directors of any successor to the Company; provided, however,
that any director elected to the Board, or nominated for election, by a majority of the Incumbent Directors then still in office, shall
be deemed to be an Incumbent Director for purposes of this paragraph (e), but excluding, for this purpose, any such individual whose initial
assumption of office occurs as a result of either an actual or threatened election contest with respect to the election or removal of
directors or other actual or threatened solicitation of proxies or consents by or on behalf of an individual, entity or “group”
other than the Board (including, but not limited to, any such assumption that results from paragraphs (a), (b), (c), or (d) of this definition).

2.7 “” shall mean the United
States of America Internal Revenue Code of 1986, as amended. Reference in the Plan to any section of the Code shall be deemed to include
any amendments or successor provisions to any section and any regulation under such section.

2.8 “” shall mean a committee
comprised of two (2) or more members of the Board who are selected by the Board as provided in Section 4.1.

2.9 “” shall have the meaning
given to such term in the introductory paragraph, including any successor thereto.

2.10 “” shall mean any
non-Employee (individual or entity) advisor to the Company or an Affiliate who or which has contracted directly with the Company or an
Affiliate to render bona fide consulting or advisory services thereto.

2.11 “” shall mean a member
of the Board or a member of the board of directors of an Affiliate, in either case, who is not an Employee.

2.12 “” shall mean
November 10, 2025.

2.13 “” shall mean any employee,
including any officer, of the Company or an Affiliate.

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2.14 “” shall mean the
United States of America Securities Exchange Act of 1934, as amended.

2.15 “” shall mean,
as of any specified date, the closing sales price of the Shares for such date (or,