Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 66

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 66
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 time any Award
is made under this Article VIII, the Company and the Holder shall enter into a Restricted Stock Agreement setting forth each of the matters
contemplated thereby and such other matters as the Committee may determine to be appropriate. The Company shall cause the Shares to be
issued in the name of Holder, either by book-entry registration or issuance of one or more stock certificates evidencing the Shares, which
Shares or certificates shall be held by the Company or the stock transfer agent or brokerage service selected by the Company to provide
services for the Plan. The Shares shall be restricted from transfer and shall be subject to an appropriate stop-transfer order, and if
any certificate is issued, such certificate shall bear an appropriate legend referring to the restrictions applicable to the Shares. After
any Shares vest, the Company shall deliver the vested Shares, in book-entry or certificated form in the Company’s sole discretion,
registered in the name of Holder or his or her legal representatives, beneficiaries or heirs, as the case may be, less any Shares withheld
to pay withholding taxes. If provided for under the Restricted Stock Agreement, the Holder shall have the right to vote Shares subject
thereto and to enjoy all other stockholder rights, including the entitlement to receive dividends on the Shares during the Restriction
Period. At the time of such Award, the Committee may, in its sole discretion, prescribe additional terms and conditions or restrictions
relating to Restricted Stock Awards, including, but not limited to, rules pertaining to the effect of Termination of Service prior to
expiration of the Restriction Period. Such additional terms, conditions or restrictions shall, to the extent inconsistent with the provisions
of Sections 6.2, 6.3 and 6.4, as applicable, be set forth in a Restricted Stock Agreement made in conjunction with the Award. Such Restricted
Stock Agreement may also include provisions relating to: (i) subject to the provisions hereof, accelerated vesting of Awards, including
but not limited to accelerated vesting upon the occurrence of a Change of Control, (ii) tax matters (including provisions covering any
applicable Employee wage withholding requirements and requiring additional “gross-up” payments to Holders to meet any excise
taxes or other additional income tax liability imposed as a result of a payment made in connection with a Change of Control resulting
from the operation of the Plan or of such Restricted Stock Agreement) and (iii) any other matters not inconsistent with the terms and
provisions of the Plan that the