Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 195

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 195
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 executive compensation in accordance with the rules and regulations promulgated 
 by the SEC;                                                                                         |

| ● | reviewing                                                                                       
 and approving employment agreements and other similar arrangements between us and our executive 
 officers; and                                                                                   |

| ● | administering                                           
 our stock plans and other incentive compensation plans. |

Our compensation committee consists of three of
our directors, Dr. Trevan, Mr. Swann and Dr. Wensel, each of whom meets the definition of “independent director” under the
rules of Nasdaq and the definition of non-employee director under Rule 16b-3 promulgated under the Exchange Act.
Dr. Trevan serves as chairman of our compensation committee. Our board of directors has adopted a written charter for the compensation
committee, which is available on our corporate website at www.HeritageDistilling.com. The information on our website is not
part of this prospectus.

Nominating and Corporate Governance Committee

Our nominating and corporate governance committee
is responsible for, among other matters:

| ● | determining the qualifications, qualities, skills and other                                                                              
 expertise required to be a director and developing and recommending to the board for its approval criteria to be considered in selecting 
 nominees for director;                                                                                                                   |

| ● | identifying and screening individuals qualified to become                                                         
 members of our board of directors, consistent with criteria approved by the Committee and our board of directors; |

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| ● | overseeing the organization of our board of directors to ensure                            
 that the duties and responsibilities of the board are discharged properly and efficiently; |

| ● | reviewing the committee structure of the board of directors                                                                           
 and the composition of such committees and recommending directors for appointment to each committee together with recommendations for 
 the Chairs of such committees; and                                                                                                    |

| ● | identifying best practices for the board’s discharge                                                                        
 of its duties and responsibilities including policies and principles that ensure good governance throughout the enterprise. |

Our nominating and corporate governance committee
consists of three of our directors, Messrs. Smith, Alstead and Swann, each of whom meets the definition of “independent director”
under the rules of Nasdaq. Mr. Smith serves as chairman of our nominating and corporate governance committee. Our board of directors
has adopted a written charter for the nominating and corporate governance committee, which is available on our corporate website at www.HeritageDistilling.com.
The information on our website is not part of this prospectus.

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