Company: SQFTP
Filing Date: 2025-12-09
Form Type: S-8
Source: 0001493152-25-026716
Chunk: 23

Company: Presidio Property Trust, Inc.
Filing Date: 2025-12-09
Form: S-8
Chunk 23
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 any Current Report on Form 8-K that the Registrant may from time to time furnish
to the Commission be incorporated by reference into, or otherwise become a part of, this Registration Statement. Any statement contained
in a document that is deemed to be incorporated by reference or deemed to be part of this Registration Statement after the most recent
effective date may modify or replace existing statements contained in this Registration Statement.

Item 4. Description of Securities.

Not applicable.

Item 5. Interests of Named Experts and Counsel.

Not applicable.

Item 6. Indemnification of Directors and Officers.

The Maryland General Corporation
Law, or MGCL, permits a Maryland corporation to include a provision in its charter limiting the liability of its directors and officers
to the corporation and its stockholders for money damages, except for liability resulting from (a) actual receipt of an improper benefit
or profit in money, property or services or (b) active and deliberate dishonesty that is established by a final judgment and which is
material to the cause of action. The Registrant’s charter contains a provision that eliminates such liability to the maximum extent
permitted by Maryland law.

The MGCL requires a corporation
(unless its charter provides otherwise, which the Registrant’s 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 a party by reason of his or her service
in that capacity. The MGCL 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 which they may be
made or threatened to be made a party by reason of their service in those or certain 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 (a) was committed in bad faith or (b) was the result of active and deliberate dishonesty; |

| II-1 |

| ● | 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. |

Under the MGCL, a corporation
may not indemnify a director or officer in a suit by or in the right of the corporation in which the director or