Core Viewpoint - The legal opinion letter from Merits & Tree Law Offices confirms the legality and validity of the adjustments and cancellations related to the restricted stock incentive plan of Zhejiang Yanpai Filtration Technology Co., Ltd, ensuring compliance with relevant laws and regulations [1][10][11]. Group 1: Approval and Authorization - The stock incentive plan has undergone necessary decision-making procedures, ensuring that it benefits the company's sustainable development and does not harm the interests of shareholders, especially minority shareholders [4][6]. - The independent directors have expressed agreement with the adjustments and cancellations related to the incentive plan [6][8]. Group 2: Adjustment Details - The adjustment of the grant price for the restricted stock is due to the company's capital distribution, which involved a cash dividend of 3.00 yuan per 10 shares, with no stock dividends or capital increases [9]. - The adjusted grant price for the restricted stock has been changed from 4.78 yuan per share to 4.48 yuan per share following the dividend distribution [9][10]. Group 3: Cancellation of Restricted Stocks - A total of 90,346.8 thousand shares of restricted stock that were granted but not vested have been canceled due to various reasons, including voluntary forfeiture by one participant and disqualification of others due to resignation [10][11]. - The cancellation aligns with the provisions of the incentive plan, ensuring compliance with legal requirements [11]. Group 4: Information Disclosure - The company is required to disclose relevant announcements regarding the adjustments and cancellations after the board and supervisory committee meetings [11]. - The company has fulfilled its current information disclosure obligations and must continue to comply with relevant laws and regulations as the incentive plan progresses [11].
严牌股份: 北京植德律师事务所关于浙江严牌过滤技术股份有限公司2022年限制性股票激励计划调整授予价格、作废部分已授予但尚未归属的限制性股票相关事项的法律意见书