Company: INTG
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001641172-25-003168
Chunk: 27

Company: INTERGROUP CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 27
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: | April 08, 2025      |
|:-------|:--------------------|
|        | Los                 
 Angeles, California |

| 21 |

EXHIBIT A Clawback Policy

INTERGROUP, INC.

POLICY FOR THE RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION

| 1. | OVERVIEW |

| 1.1. | In                                                                                           
 accordance with Nasdaq Rule 5608, Section 10D and Rule 10D-1 of the Securities Exchange Act  
 of 1934, as amended (the “Exchange Act”) (“Rule 10D-1”),                                     
 the Board of Directors (the “Board”) of InterGroup, Inc. (the “Company”)                     
 has adopted this Policy (the “Policy”) to provide for the recovery                           
 of erroneously awarded Incentive-based Compensation from Executive Officers. All capitalized 
 terms used and not otherwise defined herein shall have the meanings set forth below.         |

| 2. | RECOVERY                            
 OF ERRONEOUSLY AWARDED COMPENSATION |

| 2.1. | In                                                                                       
 the event of an Accounting Restatement, the Company will reasonably promptly recover the 
 Erroneously Awarded Compensation Received in accordance with Rule 5608 and Rule 10D-1 as 
 follows:                                                                                 |

| 2.1.1. | After                                                                                         
 an Accounting Restatement, the Compensation Committee (the “Committee”)                       
 shall determine the amount of any Erroneously Awarded Compensation Received by each Executive 
 Officer and shall promptly notify each Executive Officer with a written notice containing     
 the amount of any Erroneously Awarded Compensation and a demand for repayment or return of    
 such compensation, as applicable.                                                             |

| 2.1.1.1. | For                                                                                           
 Incentive-based Compensation based on (or derived from) the Company’s stock price or          
 total shareholder return, where the amount of Erroneously Awarded Compensation is not subject 
 to mathematical recalculation directly from the information in the applicable Accounting      
 Restatement:                                                                                  |

| 2.1.1.2. | The                                                                                            
 amount to be repaid or returned shall be determined by the Committee based on a reasonable     
 estimate of the effect of the Accounting Restatement on the Company’s stock price or           
 total shareholder return upon which the Incentive-based Compensation was Received. The Company 
 shall maintain documentation of the determination of such reasonable estimate and provide      
 the relevant documentation as required to