Company: VRE
Filing Date: 2025-03-03
Form Type: S-3ASR
Source: 0001104659-25-019837
Chunk: 11

Company: Veris Residential, Inc.
Filing Date: 2025-03-03
Form: S-3ASR
Chunk 11
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 shall be 
 the surviving entity in such merger;                                                                                              |

| · | to dissolve, liquidate, or wind-up Veris Residential, L.P.; or |

| · | to convey or otherwise transfer all or substantially all of the assets of Veris Residential, L.P. |

As of December 31, 2024 we, as general partner
of Veris Residential, L.P., held approximately 91.5% of the outstanding partnership units of Veris Residential, L.P.

The partnership agreement also contains provisions
restricting us from engaging in a merger or sale of substantially all of our assets, unless such transaction was one where all of the
limited partners received for each partnership unit, an amount of cash, securities, or other property equal to the number of shares of
Common Stock into which such partnership unit is convertible multiplied by the greatest amount of cash, securities or other property paid
to a holder of one share of Common Stock in consideration of one share of Common Stock. However, if, in connection with a merger
or sale of substantially all of our assets, a purchase, tender or exchange offer was made to all of the outstanding common stockholders,
each partnership unit holder would receive the greatest amount of cash, securities, or other property which such partnership unit holder
would have received had it exercised its redemption rights and received Common Stock in exchange for its partnership units immediately
before such purchase, tender or exchange offer expires.

We may merge with another entity, without any of
the restrictions identified in the immediately preceding paragraph, so long as each of the following requirements are satisfied:

| · | after a merger, substantially all of the assets owned by the surviving entity, other than partnership units we hold, are owned by             
 Veris Residential, L.P. or another limited partnership or limited liability company which is the survivor of a merger with Veris Residential, 
 L.P.;                                                                                                                                         |

| · | the limited partners own a percentage interest of the surviving partnership based on the fair market value of the net assets of Veris 
 Residential, L.P. and the fair market value of the other net assets of the surviving partnership before the transaction;              |

| · | the rights, preferences and privileges of the limited partners                                        
 in the surviving partnership are at least as favorable as those in effect before the transaction; and |

| · | such rights of the limited partners include the right to exchange their interests in the surviving partnership for at least one of:   
 (A) the consideration available to such limited partners, or