Company: VRE
Filing Date: 2025-03-03
Form Type: S-3ASR
Source: 0001104659-25-019837
Chunk: 25

Company: Veris Residential, Inc.
Filing Date: 2025-03-03
Form: S-3ASR
Chunk 25
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 Maryland corporation to provide indemnification for an adverse judgment in a suit by
or in the right of the corporation or for a judgment of liability on the basis that personal benefit was improperly received, unless,
in either case, a court orders indemnification and then only for expenses. No amendment of our charter or bylaws shall limit or
eliminate the right to indemnification provided with respect to acts or omissions occurring prior to such amendment.

The MGCL permits the charter of a Maryland corporation
to include a provision limiting the liability of its directors and officers to such corporation and its stockholders for money damages,
with specified exceptions. The MGCL does not, however, permit the liability of directors and officers to a corporation or its stockholders
to be limited to the extent that (1) it is proved that the person actually received an improper benefit or profit in money, property
or services (to the extent such benefit or profit was received) or (2) a judgment or other final adjudication adverse to such person
is entered in a proceeding based on a finding that the person’s action, or failure to act, was the result of active and deliberate
dishonesty and was material to the cause of action adjudicated in the proceeding. Our charter contains a provision consistent with
the MGCL. No amendment of our charter shall limit or eliminate the limitation of liability with respect to acts or omissions occurring
prior to such amendment.

<div align='center'>II-1</div>

In addition to the circumstances in which the MGCL
permits a corporation to indemnify its directors and officers, the MGCL requires a corporation to indemnify its directors and officers
in the circumstances described in the following sentence, unless limited by the charter of the corporation. A director who has been
successful, on the merits or otherwise, in defense of any proceeding or in the defense of any claim, issue, or matter in the proceeding,
to which he is made a party by reason of his service as a director, shall be indemnified against reasonable expenses incurred by him in
connection with the proceeding, claim, issue, or matter in which the director has been successful. Our charter does not alter this
requirement.

The Partnership Agreement of Veris Residential,
L.P. also provides for indemnification of us, as general partner of Veris Residential, L.P., and our affiliates, officers, directors,
agents and employees (collectively, our “Affiliates”), to the same extent indemnification is provided to our officers and