Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 75

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 75
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<div align='center'>ARTICLE XV

AMENDMENT AND TERMINATION OF PLAN</div>

The Plan shall continue in effect, unless sooner terminated
pursuant to this Article XV, until the tenth (10th) anniversary of the Effective Date (except as to Awards outstanding on that date).
The Board in its discretion may terminate the Plan at any time with respect to any shares for which Awards have not theretofore been granted;
provided, however, that the Plan’s termination shall not materially and adversely impair the rights of a Holder with respect to
any Award theretofore granted without the consent of the Holder. The Board shall have the right to alter or amend the Plan or any part
hereof from time to time; provided, however, that without the approval by a majority of the votes cast at a meeting of stockholders at
which a quorum representing at least 33-1/3% of the shares of the Company entitled to vote generally in the election of directors is present
in person or by proxy, no amendment or modification of the Plan may (i) materially increase the benefits accruing to Holders, (ii) except
as otherwise expressly provided in Article XIV, materially increase the number of Shares subject to the Plan or the individual Award Agreements
specified in Article V, (iii) materially modify the requirements for participation in the Plan, or (iv) amend, modify or suspend this
Article XV. In addition, no change in any Award theretofore granted may be made which would materially and adversely impair the rights
of a Holder with respect to such Award without the consent of the Holder (unless such change is required in order to exempt the Plan or
any Award from Section 409A of the Code).

<div align='center'>ARTICLE XVI

MISCELLANEOUS</div>

16.1 . Neither the adoption
of the Plan by the Company nor any action of the Board or the Committee shall be deemed to give an Employee, Director or Consultant any
right to an Award except as may be evidenced by an Award Agreement duly executed on behalf of the Company, and then solely to the extent
and on the terms and conditions expressly set forth therein.

16.2 . Nothing contained
in the Plan shall (i) confer upon any Employee any right with respect to continuation of employment with the Company or any Affiliate,
(ii) interfere in any way with any right of the Company or any Affiliate to terminate the employment of an Employee at