Company: SXTPW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003343
Chunk: 1356

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 5
Chunk 1356
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 effective as of July 11, 2023. The Compensation Committee’s duties, which
are specified in our Compensation Committee Charter, include, but are not limited to:

●reviews,
                                            approves and determines, or makes recommendations to our Board regarding the compensation
                                            of our executive officers;

●administers
                                            our equity compensation plans;

●reviews
                                            and approves, or makes recommendations to our Board, regarding incentive compensation and
                                            equity compensation plans; and

●establishes
                                            and reviews general policies relating to compensation and benefits of our employees.

Nominating and Corporate Governance Committee

We have established the Nominating and Corporate
Governance Committee, which is composed exclusively of independent directors consisting of Stephen Toovey, who is the Chairman of the
Nominating and Corporate Governance Committee, Charles Allen and Paul Field. Our Board adopted a Nominating and Corporate Governance
Committee Charter on March 16, 2023, of which was deemed effective as of July 11, 2023. The Nominating and Corporate Governance Committee’s
duties, which are specified in our Nominating and Corporate Governance Audit Committee Charter, include, but are not limited to:

●identifying,
                                            reviewing and evaluating candidates to serve on our Board consistent with criteria approved
                                            by our Board;

●evaluating
                                            director performance on our Board and applicable committees of our Board and determining
                                            whether continued service on our Board is appropriate; and

●corporate
                                            governance matters.

65

Family Relationships

There are no family relationships among any of
our executive officers or directors.

Involvement in Certain Legal Proceedings

Except as disclosed below, to our knowledge,
none of our current directors or executive officers has, during the past ten (10) years:

●been
                                            convicted in a criminal proceeding or been subject to a pending criminal proceeding (excluding
                                            traffic violations and other minor offenses);

●had
                                            any bankruptcy petition filed by or against the business or property of the person, or of
                                            any partnership, corporation or business association of which he was a general partner or
                                            executive officer, either at the time of the bankruptcy filing or within two (2) years prior
                                            to that time;

●been
                                            subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated,
                                            of any court of competent jurisdiction or federal or state authority, permanently or temporarily
                                            enjoining, barring, suspending or otherwise limiting, his or her