Company: BHM
Filing Date: 2025-04-07
Form Type: POS AM
Source: 0001104659-25-032524
Chunk: 220

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-07
Form: POS AM
Chunk 220
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 Management Agreement as determined by a final, non-appealable order of
a court of competent jurisdiction, or those incurred in connection with our Manager’s proper release of our money or other property,
as set forth in the Management Agreement. Additionally, we agree to advance funds to any of the indemnified parties for legal fees and
other costs and expenses incurred as a result of any claim, suit, action or proceeding for which indemnification is sought, provided that
such indemnified party undertakes to repay the advanced funds to us in the event it is ultimately determined that indemnification is not
appropriate. Our Manager agrees to indemnify and hold harmless us, our directors and officers, personnel, agents and affiliates with respect
to all expenses, losses, damages, liabilities, demands, charges and claims in respect of or arising from acts or omissions of our Manager
constituting bad faith, willful misconduct, gross negligence or reckless disregard of its duties under the Management Agreement or any
claims by our Manager’s personnel relating to the terms and conditions of their employment by our Manager. Our Manager carries errors
and omissions and other customary insurance naming us and our Operating Partnership as additional insureds.

Management Team

Pursuant to the terms of the
Management Agreement, our Manager will be required to provide us with our management team, including a president, treasurer and secretary,
along with appropriate support personnel, to provide the management services to be provided by our Manager to us. None of the officers
or employees of our Manager or its affiliates will be dedicated exclusively to us.

Our Manager will be required
to refrain from any action that, in its sole judgment made in good faith, (1) is not in compliance with the investment guidelines,
(2) would adversely and materially affect our qualification as a REIT or the Operating Partnership as a partnership under the Code
or our status as an entity exempted or excluded from investment company status under the Investment Company Act or (3) would conflict
with or violate any law, rule or regulation of any governmental body or agency having jurisdiction over us or of any securities exchange
on which our securities are listed or our charter or bylaws. If our Manager is ordered to take any action by our board of directors, our
Manager will promptly notify the board of directors if it is our Manager’s judgment that such action would adversely and materially
affect such status or conflict with or violate any such law, rule or regulation or our charter or bylaws.

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