Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 284

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 284
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 of common stock entitled to cast a majority of all the votes entitled to be cast on the matter will be able to elect our entire
board of directors. Directors will be elected by a majority of the votes cast in an uncontested election and by a plurality of the votes
cast in a contested election.

Removal of Directors

Any director may be removed
only for cause, and then only by an affirmative vote of our stockholders entitled to cast at least a majority of the votes entitled to
be cast generally in the election of directors. For these purposes, “cause” will mean, with respect to any particular director,
conviction of a felony or final judgment of a court of competent jurisdiction holding that such director caused demonstrable material
harm to us through bad faith or active and deliberate dishonesty.

Business Combinations

Under the MGCL, certain “business
combinations” (including a merger, consolidation, share exchange or, in certain circumstances, an asset transfer or issuance or
reclassification of equity securities) between a Maryland corporation and an interested stockholder (defined as any person who beneficially
owns, directly or indirectly, 10% or more of the voting power of the corporation’s then outstanding voting stock or an affiliate
or associate of the corporation who, at any time within the two-year period prior to the date in question, was the beneficial owner, directly
or indirectly, of 10% or more of the voting power of the then-outstanding stock of the corporation) or an affiliate of such an interested
stockholder are prohibited for five years after the most recent date on which the interested stockholder becomes an interested stockholder.
A person is not an interested stockholder under the statute if the board of directors approved in advance the transaction by which the
person otherwise would have become an interested stockholder. However, in approving a transaction, the board of directors may provide
that its approval is subject to compliance, at or after the time of approval, with any terms and conditions determined by the board. After
the five-year prohibition, any such business combination must be recommended by the board of directors of such corporation and approved
by the affirmative vote of at least (1) 80% of the votes entitled to be cast by holders of outstanding shares of voting stock of
the corporation, voting together as a single voting group, and (2) two-thirds of the votes entitled to be cast by holders of voting
stock of the corporation other than voting stock held by the interested stockholder with whom (