Company: BNBX
Filing Date: 2025-11-10
Form Type: 8-K
Source: 0001104659-25-109267
Chunk: 2

Company: BNB PLUS CORP.
Filing Date: 2025-11-10
Form: 8-K
Item: Item 5.02
Chunk 2
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 the Strategic DAS Agreement) relating to the Account equal to 10% on net returns, multiplied by the amount, if any,
by which the increase in net asset value of the Account during such Incentive Period (excluding any amounts contributed to or withdrawn
from the Account during such Incentive Period) exceeds the sum of (x) net asset value for the Account as of the later of the effective
date of September 29, 2025 and the last time an incentive fee was paid in respect of the Account and (y) the aggregate management fees,
to the extent not included in the calculation of net asset value, to Services Provider during such Incentive Period.

The foregoing description
of the Indemnification Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the
form of such agreement, which was previously filed as Exhibit 10.1 to the Current Report on Form 8-K filed by the Company on September
13, 2012 and is incorporated herein by reference. The foregoing descriptions of the Strategic DAS Agreement and the Strategic Advisor
Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of such agreements, which were
previously filed as Exhibits 10.5 and 10.6, respectively, to the Current Report on Form 8-K filed by the Company on October 1, 2025 and
are incorporated herein by reference.

SIGNATURES