Company: SQFTP
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001641172-25-005264
Chunk: 65

Company: Presidio Property Trust, Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 65
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376 and $52,879, which were paid in full during January 2025 and January 2024, respectively.

Interests of Certain Persons in Matters to be Acted Upon

Other than the election of directors, approval of the amendment and restatement of the Plan, approval of the advisory vote on executive compensation and approval of the advisory vote on the frequency of the advisory vote on executive compensation, none of our directors, nominees for director, executive officers, any person who has served as a director or executive officer since the beginning of the last fiscal year, or their associates have any interest, direct or indirect, by security holdings or otherwise, in any of the matters to be acted upon at the Annual Meeting as described in this Proxy Statement.

Indemnification of Our Directors and Officers in Our Charter and Bylaws

Our charter authorizes us to obligate ourselves, and our Bylaws obligate us, to the maximum extent permitted by Maryland law in effect from time to time, to indemnify and, without requiring a preliminary determination of the ultimate entitlement to indemnification, pay or reimburse reasonable expenses in advance of final disposition of a proceeding to:

| ■ | any present or former director                                                                                                            
 or officer who is made or threatened to be made a party to, or witness in, a proceeding by reason of his or her service in that capacity; 
 or                                                                                                                                        |
| ■ | any individual who, while                                                                                                                 
 a director or officer of our Company and at our request, serves or has served as a director, officer, partner, trustee, member or         
 manager of another corporation, real estate investment trust, limited liability company, partnership, joint venture, trust, employee      
 benefit plan or any other enterprise and who is made or threatened to be made a party to, or witness in, the proceeding by reason         
 of his or her service in that capacity.                                                                                                   |

Our charter and Bylaws also permit us to indemnify and advance expenses to any individual who served any of our predecessors in any of the capacities described above and any employee or agent of us or any of our predecessors.

Indemnification Provided by Certain Employment Agreements

We have entered into indemnification agreements with each of our executive officers whereby we agree to indemnify such executive officers to the fullest extent permitted by the Company’s charter and Bylaws and applicable law against any and all damages, costs, liabilities, losses and expenses (including reasonable attorneys’ fees) as a result of any claim or proceeding (whether civil, criminal, administrative or investigative), or