Legal Opinion on the First Phase Equity Incentive Plan (Draft Revision) of Fujian Hengerdan New Materials Co., Ltd.
Fujian Zenith Law Firm
Address: 22nd Floor, CR MixC Phase III, Hongshan Garden Road, Gulou District, Fuzhou, Fujian, 350025
Phone: (86 591) 8806 5558
Fax: (86 591) 8806 8008
Website: http://www.zenithlawyer.com
Table of Contents
- Qualification of the Company to Implement the Incentive Plan ................................. 6
- Main Content and Compliance of the Incentive Plan ........................................ 8
- Implementation Procedures of the Incentive Plan ........................................ 17
- Incentive Objects of the Incentive Plan .................................................. 19
- Information Disclosure of the Incentive Plan ............................................. 20
- No Financial Assistance Provided to Incentive Objects ................................. 20
- Impact of the Incentive Plan on the Company and All Shareholders ................. 21
- Issues Regarding Related Directors Abstaining from Voting ............................ 21
- Conclusion Opinion ........................................................................... 22