Globetronics Technology Bhd (

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Globetronics Technology Bhd (GTB)
ESOS
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Globetronics Technology Bhd (GTB)Employee
Share Option Scheme 3 (ESOS 3)

• Agenda
• Rationale of ESOS
• By-Laws Guidelines of ESOS
• Duration of ESOS
• Eligibility
• Basis of Allotment
• Option Price
• Exercise of Option
• Offer Acceptance of offer
• Cessation of Employment
• Non Transferability of Options
• No retention of shares
• Flow Chart For Offer Exercising Options
• Action Required From You
• Frequently Asked Question

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1. Rationale Of ESOS 3

1. To align long term interests of employees with
   those of GTB Group and to encourage employees to
   assume greater responsibility for the better
   performance of GTB Group
2. Motivate employees towards strategic business
   objectives
3. Allow employees to participate in equity stake of
   Company and future growth of GTB Group
4. Make total compensation package competitive to
   attract, retain and motivate high caliber
   individuals.

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By-Laws Guidelines of ESOS 3

1. Duration Of ESOS 3

• 5 years Scheme effective 13 April 2009
• expiry on 12 April 2014

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B. Eligibility

1. By-Laws Guidelines of ESOS 3

• Any natural person who on Date Of Offer -
• is at least 18 years of age
• full time employment on the payroll of any
  company comprised in the Group ( exclude foreign
  subsidiaries)
• includes Malaysian expatriates serving in
  overseas subsidiaries
• Employees from NE1 Above ( Level 1 above)
  and
• confirmed at least 3 full months of continuous
  service in any company comprised in the Group.

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B. Eligibility (contd)

1. By-Laws Guidelines of ESOS 3

• Falls within such other categories and criteria
  that the Option Committee may from time to time
  at its absolute discretion determine
• Note Confirmed contract workers with at least 1
  year service also eligible
• Cut off date for Batch 1 1 April 2009

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C. Basis Of Allotment

1. By-Laws Guidelines of ESOS 3

• Options are granted to employees based on grade
  and performance of the eligible employees.
• The actual offer to an eligible employee may vary
  from period to period depending on the individual
  performance
• Note No option will be offered to an eligible
  employee who receive UNSATISFACTORY rating

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D. Option Price

1. By-Laws Guidelines of ESOS 3

• based on the 5 day weighted average market price
  of the GTB shares at the time of the Offer
• The offer date is fixed on Apr 13 2009 and the
  offer price at RM 0.51

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E. Offer Acceptance Of Options

1. By-Laws Guidelines of ESOS 3

• No of new shares offered gt 100 shares lt maximum
  allowable allocation
• in multiples of 100 shares
• Accept by signing on acceptance form and paying
  RM1 within 30 days of letter of offer date.

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F. Exercise Of Options

1. By-Laws Guidelines of ESOS 3

• Maximum amount of Options granted shall be
  exercisable
• 100 at the year of allotment
• Exercise over the remaining period of ESOS
  scheme

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F. Exercise Of Options (contd)

1. By-Laws Guidelines of ESOS 3

• Options exercisable in year of allotment but not
  exercised can be carried forward to the
  subsequent years subject to time limit of the
  scheme.

Eg Executive No of shares allotted
20,000
Will expire 12 April 2014
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F. Exercise Of Options (contd)

1. By-Laws Guidelines of ESOS 3

• Minimum 500 shares in multiple of 100 shares
  per exercise
• Eg, 600 shares, 700 shares

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G. Cessation of Employment

1. By-Laws Guidelines of ESOS 3

• unexercised Option will be null and void

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H. Non transferability of Option

1. By-Laws Guidelines of ESOS 3

• The Options are
• Non-assignable
• Non-transferable
• Non-Disposable

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I. No Retention Period of Share

1. By-Laws Guidelines of ESOS 3

• No retention period / restriction on transfer
  once the Shares has been allotted to a Grantee

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Globetronics Technology Bhd (GTB)Employee
Share Option Scheme 3 (ESOS 3)

• Agenda
• Rationale of ESOS
• By-Laws Guidelines of ESOS
• Maximum shares available under the Scheme
• Eligibility
• Basis of Allotment and Maximum Allowable
  Allocation
• Option Price
• Exercise of Option
• Offer Acceptance of offer
• Cessation of Employment
• Non Transferability of Options
• No retention of shares

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1. Flow Chart For Offer Exercising Options
2. Action Required
3. Frequent Asked Question

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• The ESOS By-Laws can be viewed on your login
  screen to the ESOS system under -
• E-hrm ESOS

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3. Flow for Offer Acceptance
Letter of Offer distributed to employees
Employees return Acceptance Form together with
proceeds Of RM 1
ESOS Committee Issues ESOS Certificate to
Employees
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3. Flow for Exercising Options
Login to e-HRM ESOS. Goto Notice of Exercise and
key in exercise details.
http//192.168.200.126/esostest

• Pls write your name employee at the back of
  the cheque
• Finance representative to collect cheque for ESOS
  
• G2 G4 Kok Yu (ext 160)
• ISO 2 Liew Bee (ext 146)
• Jitra Rose (ext 151)
• GSB KL GKL Mei Leng
• Your exercise will only be submitted upon
  clearance of cheque

Prepare Cheque/ bank draft payable
to Globetronics Technology Bhd and pass to
Finance Representative
Processing by Company Secretary, Share Registrar
and Bursa Malaysia
Shares alloted to your CDS Account. Check listing
status on ESOS system.
Average leadtime from exercise to listing 3
weeks
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3. Flow for Exercising Options (Contd)

• Weekly Submission for listing processing by
  Corporate Planning Dept - every Monday morning
• Cheque - to be submitted to Finance
  representative must be by before 6pm Wednesday.
• Cash to bank-in into the following account
  before 4pm Friday.
• HSBC Bank Malaysia Berhad
• A/c no. 372-137109-101
• For Company Globetronics Technology Bhd

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4. Immediate Action From You

• To return the signed Acceptance Form RM 1 to
  your Department Head
• To open Central Depository Accounts (CDS) through
  stock broking house
• Your initial log in for ESOS System would be the
  same user name and password as e-HRM system for
  those who already have an e-HRM access. For those
  who do not have e-HRM access yet, your login for
  ESOS would be
• User name Employee Number Year of Birth
  (G0XXXXXXXX)
• Password 1234

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4. Immediate Action From You

• You are advised to change your password
  immediately upon login to ESOS System. This can
  be done under System Manager.
• Please contact Kok Yu at 819-4160 or Ming Nee at
  819-4121 should you have any questions pertaining
  to ESOS system / overall.

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Frequently Asked Question
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4. Frequently Asked Question

• Q1 Can I lose money by exercising my options ?
• A1 It takes about 3 weeks for the shares to be
  credited into your CDS account. During that
  period, the share price is subject to market
  fluctuations that may make share price drop below
  your exercise price when you receive your shares
  in your CDS account.

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4. Frequently Asked Question

• Q2 How do I open a CDS account and what are
  the documents needed ?
• A2 You have to go to a stockbroking firm /
  remisier to open up an account with them. They
  will require your I.C and probably some income
  supporting documents like payslips / bank
  statements.
• You may contact the following person if you wish
  to open a CDS account and do not have any
  contacts
• Name Chin Wai Thoa (OSK Securities)
• Contact 012-474 1668 or 019-477 1668
• Office 640-4868

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4. Frequently Asked Question

• Q3 What do I do after the shares are credited
  into my CDS account ?
• A3 Once credited, you have to decide when you
  want to sell your shares and call your broker /
  remisier to sell them for you. A cheque will be
  issued to you by your remisier 3 days after you
  have sold your shares.

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Q A
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THANK YOU