Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 57

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 57
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 to a Restricted Stock Award.

2.34 “”
and “RSUs” shall refer to an Award granted under Article X of the Plan under which, upon the satisfaction of predetermined
individual service-related vesting requirements, a cash payment shall be made to the Holder, based on the number of Units awarded to the
Holder.

2.35 “”
shall mean a written agreement between the Company and a Holder with respect to a Restricted Stock Award.

2.36 “” shall
mean the period of time for which Shares subject to a Restricted Stock Award shall be subject to Restrictions, as set forth in the applicable
Restricted Stock Agreement.

2.37 “” shall mean the
forfeiture, transfer and/or other restrictions applicable to Shares awarded to an Employee, Director or Consultant under the Plan pursuant
to a Restricted Stock Award and set forth in a Restricted Stock Agreement.

2.38 “” shall mean Rule
16b-3 promulgated by the Securities and Exchange Commission under the Exchange Act, as such may be amended from time to time, and any
successor rule, regulation or statute fulfilling the same or a substantially similar function.

2.39 “” or “”
shall mean the common stock of the Company, par value $0.001 per share.

2.40 “ (“SAR”)”
means a stock appreciation right granted in accordance with Article XIII.

2.41 “” shall
mean an Employee who, at the time an Option is granted to him or her, owns shares possessing more than ten percent (10%) of the total
combined voting power of all classes of shares of the Company or of any parent corporation or subsidiary corporation thereof (both as
defined in Section 424 of the Code), within the meaning of Section 422(b)(6) of the Code.

2.42 “” shall
mean a termination of a Holder’s employment with, or status as a Director or Consultant of, the Company or an Affiliate, as applicable,
for any reason, including, without limitation, Total and Permanent Disability or death, except as provided in Section 6.4. In the event
Termination of Service shall constitute a payment event with respect to any Award subject to Code Section 409A, Termination of Service
shall only be deemed to occur upon a “separation from service” as such term is defined under Code Section 409A and applicable
authorities.

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2.43 “”
of an individual shall mean the inability of such individual to engage in any