Company: BIVIW
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001520138-25-000287
Chunk: 59

Company: BIOVIE INC.
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 59
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 the terms and conditions of an Award (including the forfeiture of the Award, and/or any financial gain, if the Holder
of the Award violates any applicable restrictive covenant thereof), (viii) the Restrictions under a Restricted Stock Award, (ix) the number
of Shares which may be issued under an Award, (x) Performance Goals applicable to any Award and certification of the achievement of such
goals, and (xi) the waiver of any Restrictions or Performance Goals, subject in all cases to compliance with applicable laws. In making
such determinations the Committee may take into account the nature of the services rendered by the respective Employees, Directors and
Consultants, their present and potential contribution to the Company’s (or the Affiliate’s) success and such other factors
as the Committee in its discretion may deem relevant.

4.3 . The Committee shall have
such additional powers as are delegated to it under the other provisions of the Plan. Subject to the express provisions of the Plan, the
Committee is authorized to construe the Plan and the respective Award Agreements executed hereunder, to prescribe such rules and regulations
relating to the Plan as it may deem advisable to carry out the intent of the Plan, to determine the terms, restrictions and provisions
of each Award and to make all other determinations necessary or advisable for administering the Plan. The Committee may correct any defect
or supply any omission or reconcile any inconsistency in any Award Agreement in the manner and to the extent the Committee shall deem
necessary, appropriate or expedient to carry it into effect. The determinations of the Committee on the matters referred to in this Article
IV shall be conclusive and binding on the Company and all Holders.

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4.4 . Subject to compliance
with all applicable laws, action by the Committee shall require the consent of a majority of the members of the Committee, expressed either
orally at a meeting of the Committee or in writing in the absence of a meeting. No member of the Committee shall have any liability for
any good faith action, inaction or determination in connection with the Plan.

<div align='center'>ARTICLE V

SHARES SUBJECT TO PLAN AND LIMITATIONS THEREON</div>

5.1 . The
Committee may from time to time grant Awards to one or more Employees, Directors and/or Consultants determined by it to be eligible for
participation in the Plan in accordance with the provisions of Article VI. Subject to Article XIV, the aggregate number of Shares that
may be issued