Company: SXTPW
Filing Date: 2025-08-27
Form Type: DEF 14A
Source: 0001213900-25-080878
Chunk: 47

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-27
Form: DEF 14A
Chunk 47
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 the event that awards
(or portion thereof) are not assumed or substituted for in the event of a merger or change in control, the participant will fully vest
in and have the right to exercise all of their outstanding options and stock appreciation rights, including shares as to which such awards
would not otherwise be vested or exercisable, all restrictions on restricted stock and RSUs or performance awards will lapse and, with
respect to awards with performance-based vesting, all performance goals or other vesting criteria will be deemed achieved at 100% of target
levels and all other terms and conditions met, in all cases, unless specifically provided otherwise under the applicable award agreement
or other written agreement between the participant and us or any of our subsidiaries or parents, as applicable. If an option or stock
appreciation right is not assumed or substituted in the event of a merger or change in control, the administrator will notify the participant
in writing or electronically that the option or stock appreciation right will be exercisable for a period of time determined by the administrator
in its sole discretion and the vested option or stock appreciation right will terminate upon the expiration of such period.

For awards granted to
an outside director, the outside director will fully vest in and have the right to exercise options and/or stock appreciation rights as
to all of the shares underlying such award, including those shares which would not be vested or exercisable, all restrictions on restricted
stock and RSUs will lapse, and, with respect to awards with performance-based vesting, 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 met, unless specifically provided
otherwise under the applicable award agreement or other written agreement between the participant and us or any of our subsidiaries or
parents, as applicable.

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Clawback

Awards will be subject
to any clawback policy that we are required to adopt pursuant to the listing standards of any national securities exchange or association
on which our securities are listed or as is otherwise required by the Dodd-Frank Act or other applicable laws. The administrator also
may specify in an award agreement that the participant’s rights, payments or benefits with respect to an award will be subject to
reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events. The administrator may require a participant
to forfeit, return or reimburse us all or a portion of the award or shares issued under the award, any