Company: LXP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001539497-25-001131
Chunk: 21

Company: LXP Industrial Trust
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 21
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, stepparent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother- in-law, or sister-in-law; and |

| (4) | any firm, corporation, or other entity in which any of the foregoing persons is employed, is a general                   
 partner, principal, or in a similar position, or in which such person has a 5% or greater beneficial ownership interest. |

<div align='center'>Indemnification Agreements. Our trustees and certain of our executive officers have entered into indemnification agreements with us. Pursuant to these agreements, we agree to indemnify the trustee or executive officer who is a party to such an agreement against any and all judgments, penalties, fines, settlements, and reasonable expenses (including attorneys’ fees) actually incurred by the trustee or executive officer or in a similar capacity for any other entity at our request. These agreements include certain limitations on our obligations in certain circumstances, particularly in situations in which such indemnification is prohibited or limited by applicable law. Hedging Policy We have adopted a policy that prohibits our trustees, officers and employees, as well as certain of their immediate family members, from buying or selling Company securities while in possession of material, non-public information. In addition, we have adopted a policy prohibiting trustees, officers, and employees from pledging our securities and from establishing short positions and hedging transactions, including through prepaid variable forwards, equity swaps, collars and exchange funds. Charitable Contributions We maintain a charitable giving policy to help us make charitable contributions with an emphasis in the areas of food insecurity, children and education. We seek input from our employees before making charitable contributions. The charities we support are located in the cities where we maintain corporate offices. We also match employee charitable donations up to $250 per employee per year.</div>

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During
2024, we did not make any charitable contribution to any tax-exempt organization in which any independent trustee serves as an executive
officer.

Compensation Committee Interlocks and Insider Participation

During
2024, none of the members of the Compensation Committee were or had been one of our executive officers. Further, none of our executive
officers have ever served as a member of the compensation committee or as a director of another entity whose executive officers served
on our Compensation Committee or as a member of our Board of Trustees.

Employee Stock Purchase Plan

We maintain
an Employee Stock Purchase Plan, which provides an opportunity for employees to elect to purchase common shares at