Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 79

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 79
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 received hereunder shall be taken into account in computing an Employee’s salary or compensation for the purposes of determining
any benefits under any pension, retirement, life insurance or other benefit plan of the Company or any Affiliate, unless such other plan
specifically provides for the inclusion of such Award, payment or amount received. Nothing in the Plan shall be construed to limit the
right of the Company to establish other plans or to pay compensation to its employees, in cash or property, in a manner which is not expressly
authorized under the Plan.

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16.12 . Any liability of
the Company with respect to an Award shall be based solely upon the contractual obligations created under the Plan and the Award Agreement.
None of the Company, any member of the Board nor any member of the Committee shall have any liability to any party for any action taken
or not taken, in good faith, in connection with or under the Plan.

16.13 . Except as otherwise provided
herein, the Plan shall be construed in accordance with the laws of the State of Nevada, without regard to principles of conflicts of law.

16.14 . If any provision
of the Plan is held invalid or unenforceable, such invalidity or unenforceability shall not affect any other provision of the Plan, and
the Plan shall be construed and enforced as if such invalid or unenforceable provision had not been included in the Plan.

16.15 . The Plan shall be unfunded.
The Company shall not be required to establish any special or separate fund or to make any other segregation of funds or assets to ensure
the payment of any Award. Prior to receipt of Shares or a cash distribution pursuant to the terms of an Award, such Award shall represent
an unfunded unsecured contractual obligation of the Company and the Holder shall have no greater claim to the Shares underlying such Award
or any other assets of the Company or Affiliate than any other unsecured general creditor.

16.16 . Headings used throughout the
Plan are for convenience only and shall not be given legal significance.

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