Letter To Shareholders - Mitac

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C. The appropriation of 2008 and 2007 earnings had been resolved at the shareholders' meeting on June 10, 2009 and June 25, 2008, respectively. Details are summarized below: 2008 2007 Amount Dividends per share (in dollars) Amount Dividends per share (in dollars) Legal reserve $ 45,929 $ - $ 564,826 $ - Stock dividends - - 578,808 0.3999 Cash dividends 305,204 0.2 2,025,829 1.3998 Directors’ and supervisors’ remuneration - - 6,000 - Employees’ stock bonus - - 203,337 - Employees’cash bonus - - 305,006 - <strong>To</strong>tal $ 351,133 $ 0.2 $ 3,683,806 $ 1.7997 The amounts of employees’ bonus and directors’ and supervisors’ remuneration of 2008 are $20,773 and $2,000, respectively. Employees’ bonus and directors’ and supervisors’ remuneration of 2008 as resolved by the stockholders were in agreement with those amounts recognized in the 2008 financial statements. The appropriation of 2008 and 2007 earnings had been resolved at the shareholders’ meeting and coincided with the proposal by the Board of Directors. on April 24, 2009 and on April 21, 2008. As of April 9, 2010, the Company had not yet held the meeting of Board of Directors to discuss the earnings distribution proposal for 2009. Information on the appropriation as resolved by the Board of Directors and approved by the stockholders will be posted in the “Market Observation Post System” at the website of the Taiwan Stock Exchange. The estimated amounts of employees’ bonus and directors’ and supervisors’ remuneration of 2009 are $13,012 and $2,000, respectively, and are recognized as operating costs or operating expeneses for 2009. The basis of estimates for employees’ bonus is based on a 5% percentage (as prescribed by the Company’s Articles of Incorporation) of net income in 2009 after taking into account the legal reserve and other factors. Information on the appropriation of the Company’s employees’ bonus and directors’ and supervisors’ remuneration as resolved by the Board of Directors and approved by the stockholders will be posted in the “Market Observation Post System” at the website of the Taiwan Stock Exchange. If the accrued amounts for employees’ bonus and directors’ and supervisors’ remuneration are different from the actual distributed amounts resolved by the stockholders at their annual stockholders’ meeting subsequently, the differences shall be recognized as gain or loss in the following year. ~118~
19) Share-based payment ─ employee compensation plan A.As of December 31, 2009, the Company’s share-based payment transactions are set forth below: Type of arrangement Second stock option incentive plan Third stock option incentive plan Fourth stock option incentive plan Fifth stock option incentive plan Sixth stock option incentive plan Assumed first stock option incentive plan of Tyan Computer Technology Co., Ltd. Assumed second stock option incentive plan of Tyan Computer Technology Co., Ltd. Assumed third stock option incentive plan of Tyan Computer Technology Co., Ltd. Assumed fourth stock option incentive plan of Tyan Computer Technology Co., Ltd. Grant date 2006.12.07 and 2007.01.11 2007.07.30 and 2007.08.17 2008.10.13 and 2008.10.27 2009.04.29 and 2009.07.03 Quantity granted (in thousands of shares) Contract period Vesting conditions 64,000 6 years 50% can be exercised after 2 years of grant 75% can be exercised after 3 years of grant 100% can be exercised after 4 years of grant 64,000 6 years 〃 85,000 6 years 43,000 6 years 25% can be exercised after 2 years of grant 50% can be exercised after 3 years of grant 100% can be exercised after 4 years of grant 2009.10.05 47,500 6 years 30% can be exercised after 2 years of grant 60% can be exercised after 3 years of grant 100% can be exercised after 4 years of grant 2003.03.31 and 2003.12.31 2005.08.31 and 2006.03.10 2006.06.30 and 2007.03.19 2,999 (Note) 3,279 (Note) 1,117 (Note) 2007.09.26 1,245 (Note) 〃 6 years 50% can be exercised after 2 years of grant after 2007.02.01 75% can be exercised after 3 years of grant after 2008.02.01 100% can be exercised after 4 years of grant after 2009.02.01 6 years 50% can be exercised after 2 years of grant 75% can be exercised after 3 years of grant 100% can be exercised after 4 years of grant Estimated future resignation rate Actual resignation rate in the current period - - - - 3.75% 15% 2.21% 20% - 20% - - - - 6 years 〃 - - 6 years 〃 - - Note:According to the business merger agreement, 1.26 units of employee stock options of Tyan Computer Technology Co., Ltd. could be exchanged for one unit of the Company’s employee stock options. ~119~
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009 ANNUAL REPORT StockNo:2315 2009
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Contents 1. 7. Assessment Letter To
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competitiveness Letter in the marke
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2007 2009 2008 2005 2006 2007 Compa
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2007 2009 2008 2005 2006 2007 Compa
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3.1.2 Responsibilities of major dep
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Names Chairman Mathew Miau Director
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Titles Names Dates took position Sh
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Titles Vice president Vice presiden
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Below 2,000,000 Remuneration Rankin
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Titles Names MiTAC Salaries (A) In
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Managers Receiving Employee Bonuses
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3.3.2 Supervisors’ participation
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Items Status Differentiation with o
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3.3.4 Social contribution to enviro
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3.3.6 Important resolutions reached
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3.4. CPA’s dues Range of Audit Re
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3.7 Relationships between the top t
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3.8 Aggregate shareholding percenta
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2. Preferred stock: None 4.1.4 Majo
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latest financial year after taking
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MiTAC International Corp. Regulatio
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converting price is to be adjusted
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total issuance value, the Company m
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4.3 Employees’ stock options 4.3.
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April 30, 2010 Type of employees’
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April 30, 2010 Units:NT$ Thousand/
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April 30, 2010 Units:NT$ Thousand/S
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‧Personal computers with wire or
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(6) Since many worldly famous compa
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communication technologies mature i
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manufactured for the mainstream mar
Page 71 and 72: state-of-the-art hardware with navi
Page 73 and 74: devices, establishes connection wit
Page 75 and 76: downstream technologies to develop
Page 77 and 78: 2009, and 1.3 million units sold in
Page 79 and 80: customer satisfaction for a greater
Page 81 and 82: 5.2.2 Important applications and pr
Page 83 and 84: Volume/value Year 2008 2009 Major p
Page 85 and 86: 5.4.2 MiTAC’s environmental healt
Page 87 and 88: consumption. To comply with the REA
Page 89 and 90: and the integration of all our comp
Page 91 and 92: 6. Financial Statement 6.1. Most re
Page 93 and 94: 6.2. Financial analysis in most rec
Page 95 and 96: 6.3. Supervisors’ Report of the m
Page 97 and 98: MITAC INTERNATIONAL CORP. AND SUBSI
Page 103 and 104: 2.Research, development, manufactur
Page 105 and 106: 4) Classification of current and no
Page 107 and 108: 11) Allowance for doubtful accounts
Page 109 and 110: 18) Convertible bonds For convertib
Page 111 and 112: C. When a company’s treasury stoc
Page 113 and 114: B. The Company's investee, G. Marso
Page 115 and 116: D. Lian Jie Investment Co., Ltd. ma
Page 117 and 118: than the sum of carrying value of i
Page 119 and 120: 14) Long-term loans December 31, Ba
Page 121: 17) Capital reserve The R.O.C. Secu
Page 125 and 126: (b) As of December 31, 2009, the su
Page 127 and 128: G. (a) A summary of the movements u
Page 129 and 130: (c) The Company assumed the employe
Page 131 and 132: exceed the sum of retained earnings
Page 133 and 134: C. Components of deferred income ta
Page 135 and 136: 21) Earnings per share Income befor
Page 137 and 138: treasury stock. 23) Personnel, depr
Page 139 and 140: E. Accounts payable As of December
Page 141 and 142: 10. OTHER INFORMATION 1) The fair v
Page 143 and 144: (c) Short-term financial instrument
Page 145 and 146: 11.SUPPLEMENTARY DISCLOSURES A. Inf
Page 147 and 148: Note 2: 47,500,000 shares were pled
Page 149 and 150: (8) Receivables from related partie
Page 151 and 152: B. Information of Subsidiaries: (1)
Page 153 and 154: Note 3: Equal to 50% of the net wor
Page 155 and 156: (5) Marketable securities for which
Page 157 and 158: (10) Information on derivative tran
Page 159 and 160: ) Major transactions with the subsi
Page 161 and 162: D) The relation of business and imp
Page 163 and 164: 12. SEGMENT INFORMATION 1) Operatio
Page 165 and 166: 7 Assessment of financial condition
Page 167 and 168: 7.3 Cash flow analysis Unit: NT$ Th
Page 169 and 170: 7.5.2 Influences of the interest ra
Page 171 and 172: (4) Enterprise and channel servers/
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8.1. Information of affiliates 8.1.
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2. Affiliated companies - basic dat
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Company Name Date established Addre
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MiTAC (U.K.) Ltd. Sales of MiTAC’
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Company name Title Name or Rep. Sha
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8.2. MiTAC’s stocks held or dispo
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Letter To Shareholders - Mitac

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