Company: IPST
Filing Date: 2025-06-04
Form Type: POS AM
Source: 0001641172-25-013501
Chunk: 171

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-06-04
Form: POS AM
Chunk 171
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 each of whom meets the definition of “independent director” for purposes of serving on an audit committee under Rule 10A-3 under the Exchange Act and the Nasdaq rules. Mr. Alstead serves as chairman of our audit committee. Our board of directors has determined that Mr. Alstead qualifies as an “audit committee financial expert,” as such term is defined in Item 407(d)(5) of Regulation S-K under the Securities Act. Our board of directors has adopted a written charter for the audit committee, which is available on our corporate website at www.HeritageDistilling.com. The information on our website is not part of this prospectus.

Compensation Committee

The compensation committee is responsible for, among other matters:

| ● | reviewing                                                      
 key employee compensation goals, policies, plans and programs; |

| ● | reviewing                                                                                    
 and approving the compensation of our directors, chief executive officer and other executive 
 officers;                                                                                    |

| ● | producing                                                                                           
 an annual report on 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;                         |

| ● | overseeing                                                                                
 the organization of our board of directors to ensure that the duties and responsibilities 
 of the