Company: SXTPW
Filing Date: 2025-08-15
Form Type: PRE 14A
Source: 0001213900-25-077435
Chunk: 36

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-15
Form: PRE 14A
Chunk 36
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 2024, the Company’s stockholders approved the proposal to
increase the number of shares available under the 2022 Plan. As of that date, Mr. Miller’s option grant, as subsequently amended,
was considered effective.

We may terminate Mr.
Miller’s employment hereunder for Cause, as defined in the Miller Employment Agreement, at any time upon notice to Mr. Miller setting
forth in reasonable detail the nature of such Cause. We also may terminate Mr. Miller’s employment other than for Cause at any time
upon thirty (30) days’ written notice to him. Mr. Miller may terminate his employment for Good Reason, as defined in the Miller
Employment Agreement, at any time upon thirty (30) days’ written notice to us. In the event that Mr. Miller’s employment is
terminated other than for Cause or for Good Reason, Mr. Miller will be entitled to, among other things, a continuation of his annual salary
plus health insurance benefits for a period not exceeding 18 months. In addition, in the event of a Change in Control, as defined in the
Miller Employment Agreement, on, or at any time during the 24 months following, the Change in Control, (i) we terminate Mr. Miller’s
employment for any reason other than Cause or Disability, as defined in the Miller Employment Agreement, or (ii) Mr. Miller terminates
his employment for Good Reason, Mr. Miller will be entitled to Change in Control severance.

Mr. Miller is subject
to non-competition and non-solicitation during the term of his employment and for a period of 24 months after termination of his employment.

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Landon Employment Agreement. We entered into an Employment Agreement dated as of February 7, 2024 with Kristen Landon (the “Landon Employment
Agreement”), our Chief Commercial Officer. The term of the Landon Employment Agreement began on February 12, 2024 and will continue
at will, meaning that Ms. Landon or the Company may terminate the employment relationship at any time, with or without cause, and with
or without notice and for any reason or no particular reason. The Landon Employment Agreement provides Ms. Landon an annual base salary
of $300,000, sales bonuses and bonuses to the extent certain events occur or if applicable performance goals are met and employee benefits
that are generally given to our senior executives. Contingent on the receipt of shareholder approval to increase the number