Company: SXTPW
Filing Date: 2025-08-27
Form Type: DEF 14A
Source: 0001213900-25-080878
Chunk: 85

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-27
Form: DEF 14A
Chunk 85
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acquiring or successor corporation (or an affiliate thereof) with appropriate adjustments as to the number and kind of shares and prices;
(b) upon written notice to a Participant, that the Participant’s Awards will terminate upon or immediately prior to the consummation
of such merger or Change in Control; (c) outstanding Awards will vest and become exercisable, realizable, or payable, or restrictions
applicable to an Award will lapse, in whole or in part prior to or upon consummation of such merger or Change in Control, and, to the
extent the Administrator determines, terminate upon or immediately prior to the effectiveness of such merger or Change in Control; (d)
(i) the termination of an Award in exchange for an amount of cash and/or property, if any, equal to the amount that would have been attained
upon the exercise of such Award or realization of the Participant’s rights as of the date of the occurrence of the transaction (and,
for the avoidance of doubt, if as of the date of the occurrence of the transaction the Administrator determines in good faith that no
amount would have been attained upon the exercise of such Award or realization of the Participant’s rights, then such Award may
be terminated by the Company without payment), or (ii) the replacement of such Award with other rights or property selected by the Administrator
in its sole discretion; or (e) any combination of the foregoing. In taking any of the actions permitted under this Section 15.3, the Administrator
will not be obligated to treat all Awards, all Awards held by a Participant, all Awards of the same type, or all portions of Awards, similarly.

In the event that the acquiring
or successor corporation (or an affiliate thereof) does not assume the Award (or portion thereof) as described below or substitute for
the Award (or portion thereof) as described above, then the Participant will fully vest in and have the right to exercise his or her outstanding
Options and Stock Appreciation Rights (or portions thereof) not assumed or substituted for, including Shares as to which such Awards would
not otherwise be vested or exercisable, all restrictions on Restricted Stock, Restricted Stock Units, or Performance Awards (or portions
thereof) not assumed or substituted for will lapse, and, with respect to Awards with performance-based vesting (or portions thereof) not
assumed or substituted for, all performance goals or other vesting criteria will be deemed achieved at one hundred percent (100%) of target
levels and all other terms and conditions