Saturn Electronics & Engineering Inc – IPO: ‘S-1’ on 3/29/00 – EX-10.12

On:  Wednesday, 3/29/00   ·   Accession #:  950124-0-1698   ·   File #:  333-33472

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Initial Public Offering (IPO):  Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)                117    564K 
10: EX-10.10    Amendment #1 Stock Option Plan                         4     23K 
11: EX-10.11    Amendment #2 Stock Option Plan                         1      9K 
12: EX-10.12    Amendment #3 Stock Option Plan                         2     13K 
13: EX-10.13    Loan Agreement                                        22     71K 
14: EX-10.14    Amendment #1 Loan Agreement                            2     13K 
15: EX-10.15    Amendment #2 Loan Agreement                            2     14K 
16: EX-10.16    Credit Agreement                                     141    486K 
17: EX-10.17    Amendment #1 Credit Agreement                         21     35K 
18: EX-10.18    Amendment #2 Credit Agreement                          4     17K 
 2: EX-10.2     Stock Purchase Agreement                              45    213K 
19: EX-10.20    Saturn Membership Regulations                         38    131K 
20: EX-10.21    Amendment #1 Membership Regulations                    1     10K 
21: EX-10.22    Amendment #2 Membership Regulations                    4     21K 
22: EX-10.23    Amendment #3 Membership Regulations                    1     10K 
23: EX-10.24    Amendment #4 Membership Regulations                    1     11K 
24: EX-10.25    Sublease                                               8     35K 
25: EX-10.26    Amendment to Sublease                                  1     12K 
 3: EX-10.3     Methuen Division                                      21    100K 
 4: EX-10.4     Stock Purchase Agreement                               6     31K 
 5: EX-10.5     Agreement and Plan of Merger                          44    222K 
 6: EX-10.6     Split Dollar Agreement                                12     40K 
 7: EX-10.7     Independent Contractor                                 6     26K 
 8: EX-10.8     Amendment to Independent Contractor                    1     11K 
 9: EX-10.9     Saturn Stock Option Plan                              12     46K 
26: EX-23.1     Consent Pricewaterhousecoopers LLP                     1      9K 
27: EX-23.2     Consent Ernst & Young                                  1      9K 
28: EX-27.1     Financial Data Schedule                                1     11K 

EX-10.12   —   Amendment #3 Stock Option Plan

EX-10.12
1st Page of 2
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                                                                   EXHIBIT 10.12

AMENDMENT NO. 3 TO
SATURN ELECTRONICS & ENGINEERING, INC.
 1995 MANAGEMENT STOCK OPTION PLAN
 ---------------------------------------

     This Amendment No. 3 to Saturn Electronics & Engineering, Inc. 1995
Management Stock Option Plan (this "Amendment"), is made as of September 28,    
1999, in order to amend the Saturn Electronics & Engineering, Inc. 1995         
Management Stock Option Plan, as amended by Amendment No. 1 of November 19,     
1997, and as amended by Amendment No. 2 of July 29, 1999 (the "Option Plan").   

       Section IV.4D.1 of the Option Plan is amended in its entirety to read
as follows:                                                                     

    "D. EXERCISABILITY. Stock Options shall become exercisable for the
number of shares of Common Stock fixed by the Committee in the Stock Option     
Agreement. Unless provided otherwise in the Stock Option Agreement, Stock       
Options shall become exercisable upon the earliest to occur of the following    
(provided that the aggregate fair market value (determined as of the date the   
option is granted) of the underlying stock with respect to which Incentive      
Options are exercisable for the first time by such individual during any        
calendar year (under all of such plans of the Company and its parent and        
Subsidiary corporations) shall not exceed $100,000):                            

1. In the event that the Company                              

   a. Offers its shares to the public in accordance with a
      registration statement made effective by the Securities and Exchange
Commission ("Initial Public Offering" or "IPO"), or           

             b. Merges with a corporation whose shares are publicly traded but
    does not experience a Change of Control (as defined in Section IX)

       Stock Options awarded through the Plan three (3) years or less before
the effective date of an IPO or merger with a public company will become        
exercisable according to the following schedule (unless provided otherwise in   
the Stock Option Agreement):                                                    

                                                        [Enlarge/Download Table]

                                                                      % OF ALL AWARDED  
                         TIME FRAME                                  OPTIONS EXERCISABLE
                         ----------                                  -------------------
                                                                                        

12 months after effective date of IPO or merger with public company          25%        
18 months after effective date of IPO or merger with public company          25%        
24 months after effective date of IPO or merger with public company          25%        
30 months after effective date of IPO or merger with public company          25%        


1 

EX-10.12
Last Page of 2
TOC
1st
Previous
Next
↓Bottom
Just 2nd
     Stock Options awarded through the Plan more than three (3) years before the
effective date of an IPO or merger with a public company will become exercisable
according to the following schedule (unless provided otherwise in the Stock     
Option Agreement):                                                              

                                                        [Enlarge/Download Table]

                                                                      % OF ALL AWARDED  
                           TIME FRAME                                OPTIONS EXERCISABLE
                           ----------                                -------------------
                                                                                        
12 months after effective date of IPO or merger with public company           50%       
18 months after effective date of IPO or merger with public company           50%       

 2

Dates Referenced Herein

				Referenced-On Page
This ‘S-1’ Filing		Date		First		Last			Other Filings
Filed on:		3/29/00							None on these Dates
		9/28/99		1
		7/29/99		1
		11/19/97		1
									List all Filings