Company: SXTPW
Filing Date: 2025-08-15
Form Type: PRE 14A
Source: 0001213900-25-077435
Chunk: 47

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-15
Form: PRE 14A
Chunk 47
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 the administrator on or before the grant date. After the grant of a performance
award, the administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such
performance award. The administrator, in its sole discretion, may pay earned performance awards in the form of cash, in shares, or in
some combination thereof.

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Non-transferability of Awards

Unless the administrator
provides otherwise, the 2022 Plan generally does not allow for the transfer of awards other than by will or by the laws of descent and
distribution and only the recipient of an award may exercise an award during their lifetime. If the administrator makes an award transferrable,
such award will contain such additional terms and conditions as the administrator deems appropriate.

Certain Adjustments

In the event of certain
changes in our capitalization, to prevent diminution or enlargement of the benefits or potential benefits available under the 2022 Plan,
the administrator will adjust the number and class of shares that may be delivered under the 2022 Plan or the number, and price of shares
covered by each outstanding award and the numerical share limits set forth in the 2022 Plan.

Dissolution or Liquidation

In the event of our proposed
liquidation or dissolution, the administrator will notify participants as soon as practicable and all awards will terminate immediately
prior to the consummation of such proposed transaction.

Merger or Change in Control

The 2022 Plan provides
that in the event of our merger with or into another corporation or entity or a “change in control” (as defined in the 2022
Plan), each outstanding award will be treated as the administrator determines, including, without limitation, that (i) awards will be
assumed, or substantially equivalent awards will be substituted, by the acquiring or succeeding corporation (or an affiliate thereof)
with appropriate adjustments as to the number and kind of shares and prices; (ii) upon written notice to a participant, that the participant’s
awards will terminate upon or immediately prior to the consummation of such merger or change in control; (iii) outstanding awards will
vest and become exercisable, realizable or payable, or restrictions applicable to an award will lapse, in whole or in part, prior to or
upon consummation of such merger or change in control and, to the extent the administrator determines, terminate upon or immediately prior
to the effectiveness of such merger or change in control;