Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 385

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 9C
Chunk 385
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Committee and Audit Committee Financial Expert

The
Company is a Smaller Reporting Company under SEC rules and regulations. The Company’s Audit Committee is currently comprised of
three members: Directors Nance (Chairperson), Grundwald and Love, each of whom meets the independence requirements of the SEC and NASDAQ
as modified or supplemented from time to time. The Company’s Board of Directors has determined that Directors Nance and Love also
meet the Audit Committee Financial Expert requirement as defined by the SEC based on their qualifications and business experience discussed
above in this Item 10.

Compensation
Committee

The
Company’s Compensation Committee (the “Compensation Committee”) is comprised of three “independent” members
of the Board of Directors as independence is defined by the applicable rules of the SEC and NASDAQ. The Compensation Committee is comprised
of Directors Nance (Chairperson), Love, and Muphy. The Company has not established a charter for the Compensation Committee. The Compensation
Committee reviews and recommends to the Board of Directors the compensation for the Company’s Chief Executive Officer and other
executive officers, including equity or performance-based compensation and plans. The Compensation Committee seeks to design and set
compensation to attract and retain highly qualified executive officers and to align their interests with those of long-term owners of
the Company. The Compensation Committee may also make recommendations to the Board of Directors as to the amount and form of director
compensation. The Compensation Committee has not engaged any compensation consultants in determining the amount or form of executive
of director compensation but does review and monitor published compensation surveys and studies. The Compensation Committee may delegate
to the Company’s Chief Executive Officer the authority to determine the compensation of certain executive officers. The Compensation
Committee also oversees the Company’s 2010 Incentive Plan.

Item
11. Executive Compensation

The
following table provides summary information concerning compensation awarded to, earned by, or paid to the Company’s principal
executive officer and other named executive officers whose total compensation exceeded $100,000 for all services rendered to the Company
and its subsidiaries for each of the Company’s last two completed fiscal years ended June 30, 2025 and 2024. There was no non-equity
incentive plan compensation or nonqualified deferred compensation earnings. There are currently no employment contracts with the executive
officers.

71

SUMMARY
COMPENSATION TABLE

    Name and Position 
    Fiscal Year 
    Salary  
    Option Awards  
    Bonus