Company: SXTPW
Filing Date: 2025-07-07
Form Type: S-1
Source: 0001213900-25-061842
Chunk: 76

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-07-07
Form: S-1
Chunk 76
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 damages for any breach of fiduciary duty as a
director, notwithstanding any provision of law imposing such liability, except to the extent that the DGCL prohibits the elimination or
limitation of liability of directors for breaches of fiduciary duty.

Section 145 of the DGCL provides that a company
has the power to indemnify a director, officer, employee, or agent of the company, or a person serving at the request of the company for
another company, partnership, joint venture, trust or other enterprise in related capacities against expenses (including attorneys’
fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the person in connection with an action, suit
or proceeding to which he was or is a party or is threatened to be made a party to any threatened, ending or completed action, suit or
proceeding by reason of such position, if such person acted in good faith and in a manner he reasonably believed to be in or not opposed
to the best interests of the company, and, in any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful,
except that, in the case of actions brought by or in the right of the company, no indemnification shall be made with respect to any claim,
issue or matter as to which such person shall have been adjudged to be liable to the company unless and only to the extent that the Court
of Chancery or other adjudicating court determines that, despite the adjudication of liability but in view of all of the circumstances
of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court
shall deem proper.

Our charter provides that we will indemnify to
the fullest extent permitted from time to time by the DGCL or any other applicable laws as presently or hereafter in effect, any person
who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether
civil, criminal, administrative or investigative, including, without limitation, an action by or in the right of the Company, by reason
of his acting as a director or officer of the Company or any of its subsidiaries (and the Company, in the discretion of the Board, may
so indemnify a person by reason of the fact that he is or was an employee or agent of the Company or any of its subsidiaries or is or
was serving at the request of the Company