Company: BIVIW
Filing Date: 2025-11-25
Form Type: S-8
Source: 0001520138-25-000371
Chunk: 2

Company: BIOVIE INC.
Filing Date: 2025-11-25
Form: S-8
Chunk 2
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 herein and to be a part hereof from the date of filing of such documents.

Any statement contained in a document incorporated
or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein, or in any other subsequently filed document which also is incorporated or deemed to be
incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement.

| ITEM 4. | DESCRIPTION OF SECURITIES |

Not applicable.

| ITEM 5. | INTERESTS OF NAMED EXPERTS AND 
 COUNSEL                        |

Not applicable.

| ITEM 6. | INDEMNIFICATION OF DIRECTORS AND 
 OFFICERS                         |

We are a Nevada corporation and generally governed
by the Nevada Private Corporations Code, Title 78 of the Nevada Revised Statutes, or NRS.

Section 78.138(3) of the NRS provides that in deciding
upon matters of business, the officers and directors are presumed to act in good faith, on an informed basis, and with a view to the interests
of the corporation. Section 78.138(7) further provides, unless the corporation’s articles of incorporation provide otherwise, a
director or officer will not be individually liable to the corporation or its stockholders unless it is proven that (a) the presumption
established in Section 78.138(3) is rebutted and (b) the director’s or officer’s acts or omissions constituted a breach of
his or her fiduciary duties, and (c) such breach involved intentional misconduct, fraud or a knowing violation of the law.

Section 78.7502 of the NRS permits a Nevada corporation
to indemnify its directors and officers against expenses, judgments, fines, and amounts paid in settlement actually and reasonably incurred
in connection with a threatened, pending, or completed action, suit, or proceeding, except an action by or on behalf of the corporation,
if the officer or director (i) is not liable pursuant to NRS 78.138, or (ii) acted in good faith and in a manner the officer or director
reasonably believed to be in or not opposed to the best interests of the corporation and, if a criminal action or proceeding, had no reasonable
cause to believe the conduct of the officer or