Subject:The Board resolved to issue restricted stock to the employee
Date of events:2013/01/28
1.Date of occurrence of the event:2013/01/28
2.Name of the company: Motech Industries, Inc.
3.Relationship to the Company (please enter "head office" or "affiliate company"):Head office
4.Reciprocal shareholding ratios: N/A
5.Cause of occurrence:
(1)The Company has resolved in its General Shareholders' Meeting on June 6th, 2012, to issue restricted employee stock with the total number of 1,500,000 shares and issue price of NTD 10 per share in several times.
(2)The Company has resolved in its Board Meeting held on August 6th, 2012, to first issue the restricted stock with total number of 1,350,000 shares and issue price of NTD 10 per share. The total principal amount is NTD 13,500,000.
(3)The Company has resolved in its Board Meeting on January 28th,2013, the size of the first tranche of employee restricted stock is revised to no more than 1,272,000 shares. The payment period is extended to February 5th,2013. The date of record the first issuance is set on February 5th,2013. The Chairman of the Company is authorized by the Board to adjust or amend the number of shares, the payment period and the date of record for the first issuance depending on the final subscription status.
6.Countermeasures:To issue the restricted employee stock to the employee according to the resolutions made in its General Shareholders' Meeting and Board Meeting.
7.Any other matters that need to be specified: N/A