Company: SXTPW
Filing Date: 2025-08-15
Form Type: PRE 14A
Source: 0001213900-25-077435
Chunk: 45

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-15
Form: PRE 14A
Chunk 45
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 term may be no more than 10 years from the date of grant. The administrator will determine the methods of payment of
the exercise price of an option, which may include cash, shares or other property acceptable to the administrator, as well as other types
of consideration permitted by applicable law. After the termination of service of an employee, director or consultant, they may exercise
their option for the period of time stated in their option agreement. In the absence of a specified time in an award agreement, if termination
is due to death or disability, the option will remain exercisable for six months. In all other cases, in the absence of a specified time
in an award agreement, the option will remain exercisable for three months following the termination of service. An option may not be
exercised later than the expiration of its term. Subject to the provisions of the 2022 Plan, the administrator determines the other terms
of options.

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Stock Appreciation Rights

Stock appreciation rights
may be granted under the 2022 Plan. Stock appreciation rights allow the recipient to receive the appreciation in the fair market value
of our common stock between the exercise date and the date of grant. Stock appreciation rights may not have a term exceeding 10 years.
After the termination of service of an employee, director or consultant, they may exercise their stock appreciation right for the period
of time stated in their stock appreciation right agreement. In the absence of a specified time in an award agreement, if termination is
due to death or disability, the stock appreciation rights will remain exercisable for six months. In all other cases, in the absence of
a specified time in an award agreement, the stock appreciation rights will remain exercisable for three months following the termination
of service. However, in no event may a stock appreciation right be exercised later than the expiration of its term. Subject to the provisions
of the 2022 Plan, the administrator determines the other terms of stock appreciation rights, including when such rights become exercisable
and whether to pay any increased appreciation in cash or with shares of our common stock, or a combination thereof, except that the per
share exercise price for the shares to be issued pursuant to the exercise of a stock appreciation right will be no less than 100% of the
fair market value per share on the date of grant.

Restricted Stock

Restricted stock may
be granted under the 2022 Plan. Restricted stock awards are grants of shares of our common stock