Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 220

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 220
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, to the extent that officers of our Manager also serve
as our officers, such officers will owe us duties under Maryland law in their capacity as our officers, which may include the duty to
exercise reasonable care in the performance of such officers’ responsibilities, as well as the duties of loyalty, good faith and
candid disclosure). Under the terms of the Management Agreement, our Manager, its officers, members, managers, directors, personnel,
affiliates and any person providing sub-advisory services to our Manager will not be liable to us, our stockholders, partners, members
or other holders of equity interests of us for acts or omissions performed in accordance with and pursuant to the Management Agreement,
except because of acts or omissions constituting bad faith, willful misconduct, gross negligence, or reckless disregard of their duties
under the 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.

We agree to indemnify and
hold harmless our Manager, its officers, members, managers, directors, personnel, affiliates and any person providing sub-advisory services
to our Manager with respect to all expenses, losses, damages, liabilities, demands, charges and claims in respect of or arising from
acts or omissions of such indemnified party not constituting bad faith, willful misconduct, gross negligence, or reckless disregard of
duties, performed in good faith in accordance with and pursuant to the 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