Company: DREM
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004861
Chunk: 30

Company: Dream Homes & Development Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 9
Chunk 30
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 or any transaction from which a Director
receives an improper personal benefit. This exclusion of liability does not limit any right which a Director may have to be indemnified
and does not affect any Director’s liability under federal or applicable state securities laws. We have agreed to indemnify our
directors against expenses, judgments, and amounts paid in settlement in connection with any claim against a Director if he acted in
good faith and in a manner he believed to be in our best interests.

Election
of Directors and Officers

Directors
are elected to serve until the next annual meeting of stockholders and until their successors have been elected and qualified. Officers
are appointed to serve until the meeting of the Board of Directors following the next annual meeting of stockholders and until their
successors have been elected and qualified.

Section
16(a) Beneficial Ownership Reporting Compliance

Section
16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), requires our executive officers and directors,
and persons who beneficially own more than ten percent of our common stock, to file initial reports of ownership and reports of changes
in ownership with the SEC. Executive officers, directors and greater-than-ten-percent beneficial owners are required by SEC regulations
to furnish us with copies of all Section 16(a) forms they file. Based upon a review of the copies of such forms furnished to us and written
representations from our executive officers and directors, we believe that as of the date of this filing they were all current in their
filings.

Code
of Ethics

A
code of ethics relates to written standards that are reasonably designed to deter wrongdoing and to promote:

    1)
    Honest
    and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional
    relationships;

    2)
    Full,
    fair, accurate, timely and understandable disclosure in reports and documents that are filed with, or submitted to, the Commission
    and in other public communications made by an issuer;

    3)
    Compliance
    with applicable governmental laws, rules and regulations;

    4)
    The
    prompt internal reporting of violations of the code to an appropriate person or persons identified in the code; and

    5)
    Accountability
    for adherence to the code.

24

We
have not adopted a corporate code of ethics that applies to our principal executive officer, principal financial officer, principal accounting
officer or controller, or persons performing similar