WITHDRAWAL FORM
Published on November 19, 2008
Exhibit
(a)(4)
EMCORE
CORPORATION
OFFER
TO AMEND ELIGIBLE OPTIONS
WITHDRAWAL
FORM
THE
OFFER AND WITHDRAWAL RIGHTS EXPIRE AT 11:59 P.M., MOUNTAIN TIME,
ON
DECEMBER 17, 2008 UNLESS THE OFFER IS EXTENDED
You
previously received (1) an offer (the “Offer”) from EMCORE Corporation (“EMCORE”)
to amend your Eligible Options as described in the Offer to Amend Eligible
Options dated November 19, 2008 (the “Offer to
Amend”) and (2) a personalized Letter of Transmittal for your Eligible
Option(s). You completed, signed and delivered your Letter of
Transmittal in which you tendered one or more Eligible Option(s) for amendment
pursuant to the Offer. You should submit this Withdrawal Form only if
you now wish to change your decision and withdraw one or more of your tendered
Eligible Options. Capitalized terms not defined herein shall have the
meaning assigned to such terms in the Offer to Amend.
The Offer
is currently set to expire at 11:59 p.m., Mountain Time, on December 17, 2008
(the “Expiration
Date”), unless EMCORE, in its discretion, extends the period of time
during which the Offer will remain open. In such event, the term
“Expiration
Date” will mean the latest time and date at which the Offer, as so
extended, expires.
To
validly withdraw your tendered Eligible Options, you must deliver to us by
facsimile, hand delivery, regular mail, overnight courier or e-mail a properly
completed and signed Withdrawal Form with the required information while you
still have the right to withdraw your tendered Eligible Options as
follows:
By
Facsimile:
|
(626)
293-3646
|
By
Hand Delivery, Regular Mail or Overnight Courier:
|
EMCORE
Corporation
10420
Research Road SE
Albuquerque,
NM 87123
Attn:
Keith Kosco
|
By
E-mail:
|
Keith_Kosco@EMCORE.com
|
EMCORE
must receive your properly completed and signed Withdrawal Form and other
required documents before 11:59 p.m., Mountain Time, on December 17,
2008.
Please
note that if you withdraw any tendered Eligible Option, that withdrawn Eligible
Option will not be amended and will continue to remain outstanding under the
EMCORE Corporation 2000 Incentive Stock Option Plan, as amended and
restated (the “Plan”) and
the existing stock option amendment agreement between you and EMCORE with its
existing terms, including the below-market exercise price component that
violates Section 409A of the Internal Revenue Code of 1986, as amended (“Section
409A”). Accordingly, if you take no other action to bring your
withdrawn Eligible Options into compliance with Section 409A, then you may be
subject to the adverse tax consequences described in the Offer to
Amend. You will be
solely responsible for any taxes, penalties or interest you may incur under
Section 409A (and similar state tax laws).
If you
wish to withdraw any tendered Eligible Option, please indicate your intent on
the form attached to this notice as Schedule A by checking the box on such
schedule labeled “Withdraw This Eligible Option” next to each particular
Eligible Option you wish to withdraw.
You may
not rescind any withdrawal, and any tendered Eligible Option you withdraw will
no longer be deemed tendered for amendment pursuant to the
Offer. However, after you have withdrawn an Eligible Option, you may
retender that Eligible Option before the Expiration Date by properly completing
and signing and timely delivering a new Letter of Transmittal to EMCORE by
facsimile, hand delivery, regular mail, overnight courier or e-mail as
follows:
By
Facsimile:
|
(626)
293-3646
|
By
Hand Delivery, Regular Mail or Overnight Courier:
|
EMCORE
Corporation
10420
Research Road SE
Albuquerque,
NM 87123
Attn:
Keith Kosco
|
By
E-mail:
|
Keith_Kosco@EMCORE.com
|
EMCORE
must receive your properly completed and signed new Letter of Transmittal and
other required documents before 11:59 p.m., Mountain Time, on the Expiration
Date. If EMCORE extends the Offer beyond that time, EMCORE must
receive your properly completed and signed new Letter of Transmittal and other
required documents before the extended Expiration Date of the
Offer.
SIGNATURE
Employee
Name: _______________________________
E-mail
Address: ________________________________
Signature ______________________________________ Date ____________________
Please
read the instructions on the following pages of this Withdrawal Form and then
complete, sign and date and return this entire Withdrawal Form before 11:59
p.m., Mountain Time, on December 17, 2008 by facsimile, hand
delivery, regular mail, overnight courier or e-mail as follows:
By
Facsimile:
|
(626)
293-3646
|
By
Hand Delivery, Regular Mail or Overnight Courier:
|
EMCORE
Corporation
10420
Research Road SE
Albuquerque,
NM 87123
Attn:
Keith Kosco
|
By
E-mail:
|
Keith_Kosco@EMCORE.com
|
Delivery
of the Withdrawal Form and other required documents by any other means is not
permitted.
DELIVERY
OF THIS WITHDRAWAL FORM IN ANY WAY OTHER THAN AS DESCRIBED ABOVE AND IN THE
INSTRUCTIONS BELOW WILL NOT CONSTITUTE A VALID DELIVERY OF THIS WITHDRAWAL
FORM.
Schedule
A
Date
of Grant
|
Current
Exercise
Price
Per
Share
|
Fair
Market
Value
Per
Share
on
Date
of Grant
|
Eligible
Options Granted
|
Number
of Shares Underlying Eligible Options
|
Withdraw
This
Eligible
Option
|
$
|
$
|
□
|
|||
$
|
$
|
□
|
EMCORE
CORPORATION
INSTRUCTIONS
FORMING
PART OF THE TERMS AND CONDITIONS OF THE OFFER
1. Delivery of Withdrawal
Form. To validly withdraw your tendered Eligible Options, you
must deliver to us by facsimile, hand delivery, regular mail, overnight courier
or e-mail a properly completed and signed Withdrawal Form with the required
information while you still have the right to withdraw your tendered Eligible
Options as follows:
By
Facsimile:
|
(626)
293-3646
|
By
Hand Delivery, Regular Mail or Overnight Courier:
|
EMCORE
Corporation
10420
Research Road SE
Albuquerque,
NM 87123
Attn:
Keith Kosco
|
By
E-mail:
|
Keith_Kosco@EMCORE.com
|
EMCORE
must receive your properly completed and signed Withdrawal Form and other
required documents before 11:59 p.m., Mountain Time, on December 17,
2008. If EMCORE extends the Offer beyond that time, EMCORE must
receive your properly completed and signed Withdrawal Form and other required
documents before the extended Expiration Date of the Offer.
The
method of delivery of all documents, including this Withdrawal Form, any new
Letter of Transmittal and any other required documents, is at the election and
risk of the tendering Eligible Optionee. EMCORE recommends that you
keep a copy of your Withdrawal Form and any new Letter of
Transmittal. In all cases, you should allow sufficient time to ensure
timely delivery.
EMCORE intends to send an
“Acknowledgement of Receipt” within two business days after we receive your
Withdrawal Form or any new Letter of Transmittal. If you have not
received an Acknowledgement of Receipt within this time period, you should
confirm that EMCORE has received your submissions by contacting Keith Kosco,
Chief Legal Officer and Corporate Secretary, at (505) 332-5044 or
Keith_Kosco@EMCORE.com. If EMCORE does not have a record of receipt
of your submissions, EMCORE may request that you show it evidence of those
submissions. EMCORE recommends that you keep a copy of your
submissions and proof of delivery, facsimile confirmation or other transmittal
confirmation in case EMCORE asks you for evidence of timely
submission.
By
submitting this Withdrawal Form, you will have withdrawn one or more of your
tendered Eligible Option(s) from the Offer, and the withdrawn option(s) will not
be amended pursuant to the terms of the Offer. You may not rescind
any withdrawal, and any tendered Eligible Option you withdraw will no longer be
deemed tendered for amendment pursuant to the Offer. However, after
you have withdrawn an Eligible Option, you may retender that Eligible Option
before the Expiration Date. If EMCORE extends the Offer beyond the
Expiration Date, you may retender your withdrawn Eligible Option(s) at any time
until the extended Expiration Date of the Offer. You will not be
deemed to have made a valid retender of your withdrawn Eligible Option(s) unless
you deliver, prior to the Expiration Date, a new Letter of Transmittal in
accordance with the tender procedures described in the Offer to Amend and the
Letter of Transmittal. The new Letter of Transmittal must be signed
and dated after your original Letter of Transmittal and any Withdrawal Form you
have submitted. Upon the receipt of such a new, properly completed,
signed and dated Letter of Transmittal, any previously submitted Letter of
Transmittal or Withdrawal Form received by us prior to the Expiration Date will
be disregarded and will be considered replaced in full by the new Letter of
Transmittal. You will be bound by the last properly submitted Letter
of Transmittal or Withdrawal Form received by EMCORE prior to the Expiration
Date.
Although
it is EMCORE’s intent to send you confirmation of receipt of this Withdrawal
Form, by signing this Withdrawal Form, you waive any right to receive any notice
of the withdrawal of your tendered Eligible Option(s) from the
Offer.
2. Signatures on this Withdrawal
Form. Except in accordance with the next sentence, this
Withdrawal Form must be executed by the Eligible Option holder. If
the signature is by a trustee, executor, administrator, guardian,
attorney-in-fact, officer of a corporation or any other person acting in a
fiduciary or representative capacity, the signer’s full title and proper
evidence satisfactory to EMCORE of the authority of that person to act in that
capacity must be indicated on this Withdrawal Form.
3. Other Information on this Withdrawal
Form. In addition to signing this Withdrawal Form, you must
print your name (exactly as it appears on the Letter of Transmittal you
previously submitted) and indicate the date on which you signed the Withdrawal
Form.
4. Requests for Assistance or
Additional Copies. Any questions or requests for assistance,
as well as requests for additional copies of the Offer to Amend, the Letter of
Transmittal, this Withdrawal Form or the Stock Option Amendment and Cash Payment
Agreement may be directed to Keith Kosco, Chief Legal Officer and Corporate
Secretary, at (505) 332-5044 or Keith_Kosco@EMCORE.com. Copies will be furnished
promptly at EMCORE’s expense.
5. Irregularities. EMCORE
will determine, in its sole discretion, all questions as to the form of
documents and the validity, form and eligibility (including time of receipt) of
withdrawals of Eligible Options pursuant to the Offer. EMCORE
reserves the right to reject any or all withdrawals of Eligible Options that it
determines do not comply with the terms and conditions of the Offer, are not in
proper form or are unlawful to accept. EMCORE also reserves the right
to waive any of the conditions of the Offer or any defect or irregularity in any
withdrawal of Eligible Options with respect to any particular Eligible Option or
any particular Eligible Optionee. No withdrawal of Eligible Options
will be deemed to have been properly made until all defects or irregularities
have been cured by the withdrawing Eligible Optionee or waived by
EMCORE. Neither EMCORE nor any other person is obligated to give
notice of any defects or irregularities in any Withdrawal Form submitted to
EMCOE, nor will anyone incur any liability for failure to give any such
notice.
6. Additional Documents to
Read. You should be sure to read the Offer to Amend and all
documents referenced therein, before making any decisions regarding
participation in, or Withdrawal Form, the Offer.
7. Important Tax
Information. You should refer to Sections 2 and 15 of the
Offer to Amend and the information under the heading “Certain Risks Related to
Participating in This Offer” in the Offer to Amend, which contain important U.S.
federal tax information concerning the Offer. You are strongly
encouraged to consult with your personal tax, financial and legal advisors to
determine the tax and other consequences of your participation in the
Offer.
IMPORTANT:
THIS WITHDRAWAL FORM MUST BE RECEIVED BY EMCORE BY 11:59 P.M., MOUNTAIN TIME, ON
THE EXPIRATION DATE.