Company: SXTPW
Filing Date: 2025-08-27
Form Type: DEF 14A
Source: 0001213900-25-080878
Chunk: 45

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-27
Form: DEF 14A
Chunk 45
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RSUs may be granted under
the 2022 Plan. RSUs are bookkeeping entries representing an amount equal to the fair market value of one share of our common stock. Subject
to the provisions of the 2022 Plan, the administrator determines the terms and conditions of RSUs, including the vesting criteria and
the form and timing of payment. The administrator may set vesting criteria based upon the achievement of Company-wide, divisional, business
unit or individual goals (including continued employment or service), applicable federal or state securities laws or any other basis determined
by the administrator in its discretion. The administrator, in its sole discretion, may pay earned RSUs in the form of cash, in shares
of our common stock or in some combination thereof. Notwithstanding the foregoing, the administrator, in its sole discretion, may accelerate
the time at which any vesting requirements will be deemed satisfied.

Performance Awards

Performance awards may
be granted under the 2022 Plan. Performance awards are awards that will result in a payment to a participant only if performance goals
established by the administrator are achieved or the awards otherwise vest. The administrator will set objectives or vesting provisions,
that, depending on the extent to which they are met, will determine the value of the payout for the performance awards. The administrator
may set vesting criteria based on the achievement of Company-wide, divisional, business unit, or individual goals (including, but not
limited to, continued employment or service), or any other basis determined by the administrator in its discretion. Each performance award’s
threshold, target, and maximum payout values are established by the administrator on or before the grant date. After the grant of a performance
award, the administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such
performance award. The administrator, in its sole discretion, may pay earned performance awards in the form of cash, in shares, or in
some combination thereof.

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Non-transferability of Awards

Unless the administrator
provides otherwise, the 2022 Plan generally does not allow for the transfer of awards other than by will or by the laws of descent and
distribution and only the recipient of an award may exercise an award during their lifetime. If the administrator makes an award transferrable,
such award will contain such additional terms and conditions as the administrator deems appropriate.

Certain Adjustments

In the event of certain
changes in our capitalization,