Company: IPST
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-006695
Chunk: 180

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 180
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 consistent with criteria approved by the Committee and our board of directors; |

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| ● | overseeing the organization of our board of directors to ensure                            
 that the duties and responsibilities of the board are discharged properly and efficiently; |

| ● | reviewing the committee structure of the board of directors                                                                           
 and the composition of such committees and recommending directors for appointment to each committee together with recommendations for 
 the Chairs of such committees; and                                                                                                    |

| ● | identifying best practices for the board’s discharge                                                                        
 of its duties and responsibilities including policies and principles that ensure good governance throughout the enterprise. |

Our nominating and corporate governance committee consists of three of our directors, Messrs. Smith, Alstead and Swann, each of whom meets the definition of “independent director” under the rules of Nasdaq. Mr. Smith serves as chairman of our nominating and corporate governance committee. Our board of directors has adopted a written charter for the nominating and corporate governance committee, which is available on our corporate website at www.HeritageDistilling.com. The information on our website is not part of this prospectus. Technology and Cryptocurrency Committee Our Technology and Cryptocurrency Committee is responsible for, among other things,

| ● | evaluating our current use of technology, including security protocols, selection of software and vendors, and safeguarding of data 
 and information;                                                                                                                    |

| ● | evaluating new technology that may be able to create efficiencies for our processes, improve sales or revenue opportunities, allow 
 us to reach new customers or otherwise improve our overall operations;                                                             |

| ● | developing and recommending to the full board the adoption of a Bitcoin Treasury Policy to include policies regarding accepting, acquiring, 
 holding, using and disposing of such cryptocurrency and other developments related to such policy, and then monitoring on an ongoing basis  
 the implementation of the same;                                                                                                             |

| ● | create recommendations for our use of AI in our processes to advance the business; and |

| ● | develop new strategies for us to grow the enterprise as new technological opportunities arise. |

Our technology and cryptocurrency committee consists of four of our directors, Messrs. Swann and Dr. Trevan, each of whom meets the definition of “independent director” under the rules of Nasdaq and Mr. Varga and Mr. Stiefel. Mr. Swann serves as chairman of our technology and cryptocurrency committee committee. Our board of directors will adopted a written charter for the technology and cryptocurrency committee, to be developed by that committee after the closing of this offering, which will