Company: SHPH
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001493152-25-008300
Chunk: 780

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 3
Chunk 780
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 and regulations and the Company’s policies
    on corporate conduct;

    ●
    maintain
    open, continuing and direct communication between the board of directors, the audit committee and our independent auditors; and

    ●
    monitor
    our compliance with legal and regulatory requirements and will have the authority to initiate any special investigations of conflicts
    of interest, and compliance with federal, state and local laws and regulations, including the Foreign Corrupt Practices Act, as may
    be warranted.

Compensation
Committee

The
compensation committee, which consists of Steve Richards (Chair) and Joshua Schafer, aids our board of directors in meeting its responsibilities
relating to the compensation of the Company’s executive officers and to administer all incentive compensation plans and equity-based
plans of the Company, including the plans under which Company securities may be acquired by directors, executive officers, employees
and consultants. Further, the compensation committee, to the extent it deems necessary or appropriate, among its several other responsibilities,
will:

    ●
    review
    periodically our Company’s philosophy regarding executive compensation to (i) ensure the attraction and retention of corporate
    officers; (ii) ensure the motivation of corporate officers to achieve the Company’s business objectives; and (iii) align the
    interests of key management with the long-term interests of the Company’s stockholders;

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    ●
    review
    and approve corporate goals and objectives relating to chief executive officer compensation and other executive officers of Shuttle;

    ●
    make
    recommendations to the board of directors regarding compensation for non-employee directors, and review periodically non- employee
    director compensation in relation to other comparable companies and in light of such factors as the compensation committee may deem
    appropriate; and

    ●
    review
    periodically reports from management regarding funding the Company’s pension, retirement, long-term disability and other management
    welfare and benefit plans.

Nominating
and Corporate Governance Committee

The
nominating and corporate governance committee, which consists of Joshua Schafer (Chair), Steve Richards and Bette Jacobs, recommends
to the board of directors individuals qualified to serve as directors and on committees of the board of directors to advise the board
of directors with respect to the board of directors composition, procedures and committees to develop and recommend to the board of directors
a set of corporate governance principles applicable to the Company, and to oversee the evaluation of the board of directors and the Company’s
management. In addition, the