www.sec.gov/Archives/edgar/data/771266/0000927016-01-00 -
[Cached Version]
Published on: 4/20/2001
Last Visited: 9/16/2001
Chi Chia HsiehDirector
-------- ( 1 ) Member of the Audit Committee of the Board of Directors. ( 2 ) Member of the Compensation Committee of the Board of DirectorsBackground of Nominees for Director and Certain Officers
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Chi Chia Hsieh , Director.Dr. Hsieh has served as a Director of KOPIN CORP since December 1995.Dr. Hsieh is currently the Vice Chairman and was previously the President of Microelectronics Technology , Inc. , a Taiwan corporation publicly traded on the Taiwan Stock Exchange.
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Dr. Hsieh , a Director of Kopin , is Chairman of a venture located in Taiwan which Kopin has a minority interest in.Dr Hsieh owns approximately 1% of the outstanding common stock of the venture.Microelectronics Technology Incorporated is also a minority investor in this venture.Dr Hsieh may also be deemed to have an indirect ownership in the venture through his ownership of Microelectronics Technology Incorporated , a publicly traded company in Taiwan.COMPENSATION COMMITTEE REPORT ON EXECUTIVE COMPENSATIONCompensation PhilosophyKOPIN CORP's executive compensation is based upon three primary components : base salary , incentive or bonus compensation , and grants of stock options.Each component is intended to serve the overall compensation philosophy of the Company.In this respect , the Compensation Committee believes that compensation should reflect the value created for shareholders while supporting KOPIN CORP's short and long term strategic goals.Compensation programs should reflect and promote KOPIN CORP's values and reward individuals for outstanding contributions to KOPIN CORP's success.