Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 291

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 291
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 proposals initially will be on more attractive terms than would be the case in their absence and facilitate
negotiations that may result in improvement of the terms of an initial offer that might involve a premium price for our capital stock
or otherwise be in the best interest of our stockholders.

Indemnification and Limitation of Directors’ and Officers’ Liability

The MGCL permits us to include
in our charter a provision eliminating the liability of our directors and officers to us and our stockholders for money damages, except
for liability resulting from (1) actual receipt of an improper benefit or profit in money, property or services, or (2) active
and deliberate dishonesty established by a final judgment and which is material to the cause of action. Our charter contains such a provision
eliminating such liability to the maximum extent permitted by Maryland law.

The MGCL requires a corporation
(unless its charter provides otherwise, which our charter does not) to indemnify a director or officer who has been successful, on the
merits or otherwise, in the defense of any proceeding to which he or she is made or threatened to be made a party by reason of his or
her service in that capacity and permits a corporation to indemnify its present and former directors and officers, among others, against
judgments, penalties, fines, settlements and reasonable expenses actually incurred by them in connection with any proceeding to or in
which they may be made or threatened to be made a party or witness by reason of their service in those or other capacities unless it is
established that:

| · | the                                                                                                                          
 act or omission of the director or officer was material to the matter giving rise to the proceeding and (1) was committed in 
 bad faith or (2) was the result of active and deliberate dishonesty;                                                         |

| · | the                                                                                                   
 director or officer actually received an improper personal benefit in money, property or services; or |

| · | in                                                                                
 the case of any criminal proceeding, the director                                 
 or officer had reasonable cause to believe that the act or omission was unlawful. |

The MGCL prohibits us from
indemnifying a director or officer who has been adjudged liable in a suit by us or on our behalf or in which the director or officer was
adjudged liable on the basis that a personal benefit was improperly received. A court may order indemnification if it determines that
the director or officer is fairly and reasonably entitled to indemnification, even though the director or officer