Company: INTG
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001641172-25-003168
Chunk: 28

Company: INTERGROUP CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 28
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 administrators or other legal representatives. The Committee intends that this          
 Policy will be applied to the fullest extent required by applicable law. Any employment agreement, 
 equity award agreement, compensatory plan or any other agreement or arrangement with an Executive  
 Officer shall be deemed to include, as a condition to the grant of any benefit thereunder,         
 an agreement by the Executive Officer to abide by the terms of this Policy. Any right of           
 recovery under this Policy is in addition to, and not in lieu of, any other remedies or rights     
 of recovery that may be available to the Company under applicable law, regulation or rule          
 or pursuant to the terms of any policy of the Company or any provision in any employment           
 agreement, equity award agreement, compensatory plan, agreement or other arrangement.              |

| 8. | DEFINITIONS |

For purposes of this Policy, the following capitalized terms shall have the meanings set forth below.

| 8.1. | “Accounting                                                                                       
 Restatement” means an accounting restatement due to the material noncompliance                    
 of the Company with any financial reporting requirement under the securities laws, including      
 any required accounting restatement to correct an error in previously issued financial statements 
 that is material to the previously issued financial statements (a “Big R” restatement),           
 or that would result in a material misstatement if the error were corrected in the current        
 period or left uncorrected in the current period (a “little r” restatement).                      |

| 23 |

| 8.3. | “Clawback                                                                                  
 Period” means, with respect to any Accounting Restatement, the three completed             
 fiscal years of the Company immediately preceding the Restatement Date (as defined below), 
 and if the Company changes its fiscal year, any transition period of less than nine months 
 within or immediately following those three completed fiscal years.                        |

| 8.4. | “Erroneously                                                                                
 Awarded Compensation” means, with respect to each Executive Officer in connection           
 with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that 
 exceeds the amount of Incentive-based Compensation that otherwise would have been Received  
 had it been determined based on the restated amounts, computed without regard to any taxes  
 paid.                                                                                       |

| 8.5. | “Executive                                                                                      
 Officer” means each individual who is currently or was previously designated                    
 as an “officer” of the Company as defined in Rule 16a-1(f) under