Company: SXTPW
Filing Date: 2025-08-15
Form Type: PRE 14A
Source: 0001213900-25-077435
Chunk: 89

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-15
Form: PRE 14A
Chunk 89
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 modification
to such performance goals only to reflect the successor corporation’s post-Change in Control corporate structure will not be deemed
to invalidate an otherwise valid Award assumption.

Notwithstanding anything in
this Section 15.3 to the contrary, and unless otherwise provided in an Award Agreement, if an Award that vests, is earned or paid-out
under an Award Agreement is subject to Section 409A and if the change in control definition contained in the Award Agreement (or other
agreement related to the Award, as applicable) does not comply with the definition of “change in control” for purposes of
a distribution under Section 409A, then any payment of an amount that is otherwise accelerated under this Section 15.3 will be delayed
until the earliest time that such payment would be permissible under Section 409A without triggering any penalties applicable under Section
409A.

15.4 Outside Director Awards.
With respect to Awards granted to an Outside Director, in the event of a Change in Control, the Participant 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 Restricted Stock Units 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, unless specifically provided otherwise under the applicable Award Agreement or other written agreement
between the Participant and the Company or any of its Subsidiaries or Parents, as applicable.

16. Tax Withholding.

16.1 Withholding Requirements.
Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof) or such earlier time as any tax withholdings are
due, the Company (or any of its Parent, Subsidiaries, or affiliates employing or retaining the services of a Participant, as applicable)
will have the power and the right to deduct or withhold, or require a Participant to remit to the Company (or any of its Parent, Subsidiaries,
or affiliates, as applicable) or a relevant tax authority, an amount sufficient to satisfy U.S. federal, state, local, non-U.S., and other
taxes (including the Participant’s FICA or other social insurance contribution obligation) required to be withheld or paid with
respect to such Award (or exercise thereof).

16.2 Withholding Arrang