Company: SXTPW
Filing Date: 2025-08-15
Form Type: PRE 14A
Source: 0001213900-25-077435
Chunk: 70

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-15
Form: PRE 14A
Chunk 70
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 in the case of Awards other than Incentive Stock
Options, the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform
and non-discriminatory standards adopted by the Administrator from time to time.

2.14 “Employee”
means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service
as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.

2.15 “Exchange Act”
means the U.S. Securities Exchange Act of 1934, as amended, including the rules and regulations promulgated thereunder.

2.16 “Exchange Program”
means a program under which (a) outstanding Awards are surrendered or cancelled in exchange for awards of the same type (which may have
higher or lower exercise prices and different terms), awards of a different type, and/or cash, (b) Participants would have the opportunity
to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (c) the
exercise price of an outstanding Award is reduced or increased. The Administrator will determine the terms and conditions of any Exchange
Program in its sole discretion.

2.17 “Fair Market Value”
means, as of any date and unless the Administrator determines otherwise, the value of Common Stock determined as follows:

(a) If the Common Stock is
listed on any established stock exchange or a national market system, including without limitation the New York Stock Exchange or the
Nasdaq Global Select Market, the Nasdaq Global Market, or the Nasdaq Capital Market of The Nasdaq Stock Market, its Fair Market Value
will be the closing sales price for such stock (or, if no closing sales price was reported on that date, as applicable, on the last Trading
Day such closing sales price was reported) as quoted on such exchange or system on the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable;

(b) If the Common Stock is
regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a Share will be the mean
between the high bid and low asked prices for the Common Stock on the day of determination (or, if no bids and asks were reported on that
date, as applicable, on the last Trading Day such bids and asks were reported), as reported in The Wall Street Journal or such