Document:

Unassociated Document

    Exhibit
10.16

    (Summary
English Translation)

    

    Tourism
Development Contract

    

    Contract
#: LJY-02

    

    Party A:
Chongqing Bo Gao Tourism Development Co., Ltd. (hereinafter referred to as “Bo
Gao”)

    Registration
Address: 20 Wangzhou Road, Peiling

    Legal
Representative: Zesong Liu

    Position:
Chairman

    Citizenship:
PRC

    Phone:
023-72875536

    

    Party B:
Chongqing Foguang Tourism Development (Group) Co., Ltd. (hereinafter referred to
as “Foguang”)

    Registration
Address: Fuli Bowling, Changshou District

    Legal
Representative: Yihou Ran

    Position:
Chairman

    Citizenship:
PRC

    Phone:
023-40251111

    

    In order
to meet the tourists’ need, both parties decide to develop “Peiling Two River
Tourism Project” (hereinafter referred to as “Tourism Project”). Bogao offer the
development rights of “Tourism Project” to Foguang group through negotiation. In
accordance with “Bidding the development rights for Peiling Two Rivers Tourism
Development” and “Transfer of the development of Peiling Two River Tourism
Project”, Bogao and Foguang reached this contract through friendly consultations
to conclude the following terms.

    

    Chapter
One: The Introduction of Peiling Two Rivers Tourism Project

    Bo Gao
agrees develop the “Tourism Project” together in accordance with “Bidding the
development rights for Peiling Two Rivers Tourism Development” and “Transfer of
the development of Peiling Two River Tourism Project”.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    The
“Tourism Project” is located at Changjiang and Wujiang in Peiling, which is
suitable for the development of boat tourism business. The project can be done
in 2015. The constructions of the project include: investment of 10-20 antique
(western style) entertainment ships, which can accommodate 5-20 people in each
ship; investment of 4 star reception center in the suitable location which is
close to Changjiang and Wujiang River; investment of one antique ship which can
accommodate at least 200 people; investment of 9 mobile fisherman wharfs. The
total investment of the project is 350 Million RMB.

    We plan
to invest 50 million RMB for building 10 to 20 antique (western style)
entertainment ships, which can accommodate 5-20 people, 4 star reception center
in the suitable location which is close to Changjiang and Wujiang River and 6
tourist wharfs from 2009 to 2012. Other parts of the project will be completed
before 2015. The process of the project must meet the requirements of the “Plan
of the Peiling Two Rivers Tourism Project” and approval documents.

    We will
work on design, construction and decoration of ships and construction of
fisherman wharfs in different phase in accordance with the “Plan of the Peiling
Two Rivers Tourism Project”.

    Foguang
shall be responsible for the design, construction, decoration of ship and
fisherman wharfs. And Bo Gao shall actively cooperate with Foguang for
inspection. Both parties shall ensure that such equipments can be used prior to
December 2010.

    

    The
requirements of construction time for the project:

    Years
2009-2010: Initiation of the project. Perfection of 10 antique (western style)
entertainment boats, which can accommodate 5-20 people, and three fisherman
wharfs.

    Years
2010-2011: Completion of 4 star reception center in the suitable location, which
is close to Changjiang and Wujiang River;

    Year
2012: Perfection of 10 antique (western style) entertainment ships, which can
accommodate 5-20 people, and three fisherman wharfs.

    Year
2013-2015: Perfection of one antique ship, which can accommodate at least 200
people, and three fisherman wharfs.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
Two: Cooperation

    Article
One: Transfer of project

    Bo Gao
will pay for 530,000 RMB, which includes 330,000 RMB financing fees and 200,000
project transfer fees at the beginning of the project. Foguang will pay 530,000
RMB to Bo Gao after completion of the project.

    

    Article
Two: Project Financing

    Bo Gao is
responsible for 20 million RMB loan from the local government in accordance with
the “Bidding the development rights for Peiling Two Rivers Tourism Development”.
The government will subsidize 1.1 million interests to this 20 million loan
every year.

    

    Article
Four: Construction and Operation Management

    
      	
               
      

            	
              1.

            	
              After
      establishment of the company, Foguang shall start the construction
      activities immediately. Bo Gao shall cooperate with
    Foguang.

            

    

    
      	
               
      

            	
              2.

            	
              Foguang
      is responsible for daily management. Bogao shall actively cooperate with
      Foguang for expanding the business environment and promotion of products,
      price, distribution channels and public
  relations.

            

    

    

    Chapter
Three: Other Conventions

    
      	
               
      

            	
              1.

            	
              Both
      parties shall complete the approval documents and technical documents of
      the project.

            

    

    
      	
               
      

            	
              2.

            	
              Opening
      a bank account within seven days after signing the contract. Foguang must
      deposit 25 Million RMB (5 million RMB earnest money, 15 million RMB
      advance for building ships and 5 million RMB for building fisherman
      wharfs) into this new account within 15 days after signing the
      contract.

            

    

    
      	
               
      

            	
              3.

            	
              Bo
      Gao and Foguang shall work together for the development and operation
      rights of tourism products.

            

    

    

    Chapter
Four: Foguang’s and Bo Gao’s obligations and rights

    Article
One: Bo Gao’s obligations and rights:

    
      	
               
      

            	
              1.

            	
              Bo
      Gao shall transfer “Plan of the Peiling Two Rivers Tourism Project” and
      approval of the documents to Foguang. Foguang is the owner of the
      project.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              2.

            	
              Bo
      Gao is responsible for getting the 20 million RMB loan and 1.1 million
      interest subsidize from government in accordance with the “Bidding the
      development rights for Peiling Two Rivers Tourism Development” and
      “Transfer of the development of Peiling Two River Tourism
      Project”;

            

    

    
      	
               
      

            	
              3.

            	
              Bo
      Gao shall cooperate with Foguang for obtaining approval from several
      government sectors.

            

    

    

    Article
Two: Foguang’s obligations and rights:

    
      	
               
      

            	
              1.

            	
              Foguang
      obtains the development right of the project in accordance with the
      law;

            

    

    
      	
               
      

            	
              2.

            	
              Foguang
      shall actively work on operation approvals from the
      government;

            

    

    
      	
               
      

            	
              3.

            	
              Foguang
      is responsible for operating and managing the
  project.

            

    

    

    Chapter
Five: Breach of Contract

    The party
who breaches the contract shall pay 1 million RMB to the other
party.

    

    Chapter
Six: Supplementary Provisions

    
      	
               
      

            	
              1.

            	
              There
      are eight copies of supplemental contract. Each party holds two copies.
      Other four copies will sent to Business Bureau, Maritime Administration
      Bureau and Outgoing Flights Authority
Bureau;

            

    

    
      	
               
      

            	
              2.

            	
              This
      contract will take effect upon
execution;

            

    

    
      	
               
      

            	
              3.

            	
              Supplemental
      contracts shall have the same effectiveness as this
    agreement.

            

    

    

    Party A:
Chongqing Bo Gao Tourism Development Co., Ltd. (Seal)

    Legal
Representative: Yiyou Ran (signature)

    

    Party B:
Chongqing Foguang Tourism (Group) development Co., Ltd. (Seal)

    Legal
Representative: Zesong Liu (Signature)

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    Tourism
Development Supplemental Contract

    Contact
#: LJY-02-01

    

    Party A:
Choingqing Bo Gao Tourism Development Co., Ltd (hereinafter referred to as “Bo
Gao”)

    Address:
20 Wangzhou Road, Peiling

    Legal
Representative: Zesong Liu

    Position:
Chairman

    Nationality:
PRC

    Phone:
023-72875536

    

    Party B:
Chongqing Foguang Tourism Development (Group) Ltd (hereinafter referred to as
“Foguang”)

    Address:
Fuli Bowling, Changshou District

    Legal
Representative: Yiyou Ran

    Position:
Chairman

    Nationality:
PRC

    Phone:
023-40251111

    

    Both
parties reach the following supplemental contract in accordance with the
“Tourism Development Contract”

    

    Article
One:

    The
construction project of “Tourism Development Contract” did not include the “Land
Acquisition Projects”; both parties agree to add it into the section of
construction project (2009-2012) of the contract.

    

    Article
Two:

    The new
construction project will acquire 100Mu land. The price is 560,000/Mu. The total
investment is 56 Million.

    

    Article
Three:

    In order
to speed up the construction project, both party agreed to increase the
investment from 50 million to 80 million between 2009-2012.

    

    Article
Four:

    There are
8 copies of supplemental contract. Each party holds 2 copies. Other four copies
will be filed with the Business Bureau, Maritime Administration Bureau and
Outgoing Flights Authority Bureau.

    

    Signatures

    Date:
April 13, 2009Exhibit
10.4

    KULICKE
AND SOFFA INDUSTRIES, INC.

    2009
EQUITY PLAN

    

    Performance Share Unit Award
Agreement

    

    This
Performance Share Unit Award Agreement (the “Agreement”) dated as
of ________________ is between Kulicke and Soffa Industries, Inc. (the
“Company”) and Name (the
“Participant”) pursuant to the Kulicke and Soffa Industries, Inc. 2009 Equity Plan (the
“Plan”).  Capitalized terms that are not defined herein shall have the
same meanings given to such terms in the Plan.

    

    WHEREAS,
the Committee has authorized the grant to the Participant of Performance Share
Units in accordance with the provisions of the Plan, a copy of which is attached
hereto; and

    

    WHEREAS,
the Participant and the Company desire to enter into this Agreement to evidence
and confirm the grant of such Performance Share Units on the terms and
conditions set forth herein.

    

    NOW,
THEREFORE, in consideration of the mutual covenants hereinafter set forth and
for other good and valuable consideration, the legal sufficiency of which is
hereby acknowledged, the parties hereto, intending to be legally bound hereby,
agree as follows:

    

    1.           Grant of Performance Share
Units.  The Company hereby grants to the Participant an Award
of # of units
Performance Share Units.  Upon fulfillment of the requirements set
forth below, the Participant shall have the right to receive one share of Common
Stock of the Company (“Share”) for each earned Performance Share
Unit.  This grant is in all respects limited and conditioned as
hereinafter provided, and is subject in all respects to the terms and conditions
of the Plan now in effect and as it may be amended from time to time (but only
to the extent that such amendments apply to outstanding grants of Performance
Share Units).  Such terms and conditions are incorporated herein by
reference, made a part hereof, and shall control in the event of any conflict
with any other terms of this Agreement.

     

    2.           Performance Share Unit
Vesting.  The performance period for this Award shall commence
on October 3, 2010 and shall end on September 28, 2013.  The Award
shall be subject to performance vesting requirements based upon the achievement
of Performance Goals as set forth in Appendix A to this Agreement.

     

    3.           Payment of Earned
Performance Share Units.  For each earned Performance Share
Unit, one Share shall be delivered to the Participant as soon as
administratively practicable following the vesting date, but no later than the
fifteenth day of the third month following the end of the calendar year in which
such vesting date occurs.

     

    4.           Termination of
Service. Entitlement to the Award is also subject to the Participant
remaining continuously employed through the last day of the performance
period.  Notwithstanding the foregoing, if the Participant terminates
employment during the performance period due to Retirement, Disability or death,
the Participant (or in the event of death, the Participant’s beneficiary) shall
be entitled to a pro rata portion of the Award the Participant would otherwise
have earned based on the actual achievement of the Performance Goals as
determined at the end of the performance period had he or she remained employed
to the end of the performance period. The pro rata portion will be calculated
based on vesting months as measured from the day of the month on which the Grant
was made to the corresponding day of each succeeding month.  If the
Participant terminates employment with the Company and Related Corporations for
any other reason, all unvested Performance Share Units at the time of such
termination of employment shall be forfeited.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Notwithstanding
the foregoing, in the event of a Participant’s involuntary termination without
Cause, the Committee may, in its sole discretion, upon the occurrence of such
event, entitle the Participant to a pro rata portion of the Award the
Participant would otherwise have earned based on the actual achievement of the
Performance Goals as determined at the end of the performance period had he or
she remained employed to the end of the performance period.  The pro
rata portion will be calculated based on vesting months as measured from the day
of the month on which the Grant was made to the corresponding day of each
succeeding month.  The vesting date for this purpose shall be the date
of the Committee’s decision to accelerate vesting.  There is no
entitlement to such accelerated vesting and the Committee shall exercise such
discretion only in limited and special circumstances.

     

    5.           Adjustment in
Capitalization.  In the event any stock dividend, stock split,
or similar change in the capitalization of the Company affects the number of
issued Shares such that an adjustment is required in order to preserve, or to
prevent the enlargement of, the benefits or potential benefits intended to be
made available under this Award, then the number of Performance Share Units
shall be proportionately adjusted as provided under the terms of the
Plan.  Unless the Committee determines otherwise, the number of
Performance Share Units subject to this Award shall always be a whole
number.

     

    6.           Certain Corporate
Transactions.  In the event of a corporate transaction (as, for
example, a merger, consolidation, acquisition of property or stock, separation,
reorganization, or liquidation), each outstanding Award shall be assumed by the
surviving or successor entity; provided, however, that in the event of a
proposed corporate transaction, the Committee may terminate all or a portion of
any outstanding Award, if it determines that such termination is in the best
interests of the Company.

     

    If the Participant will, following the
corporate transaction, be employed by or otherwise providing services to an
entity which is a surviving or acquiring entity in such transaction or an
affiliate of such an entity, the Committee may, in lieu of the action described
above with respect to outstanding Awards, arrange to have such surviving or
acquiring entity or affiliate grant to the Participant a replacement award
which, in the judgment of the Committee, is substantially equivalent to the
Award.

     

    
      
        
        

      

      
        - 2
-

        
          

        

      

      
        
        

      

    

       

    7.           Change in
Control.  Notwithstanding any other provisions of this
Agreement, in the event a Change in Control (as defined in the Plan) occurs and
the surviving or successor entity does not agree to assume the Performance Share
Unit Award, Shares covered by the Performance Share Unit Award not previously
forfeited shall become fully vested and such Shares shall be delivered to the
Participant.  If the surviving or successor entity agrees to assume
the outstanding Performance Share Unit Award and the Participant is terminated
without Cause (as defined in the Plan) prior to the twenty-four (24) month
anniversary of the Change in Control, then as of the date of such termination of
employment, Shares covered by the Performance Share Unit Award not previously
forfeited shall become fully vested and such Shares shall be delivered to the
Participant.

     

    8.           Restrictions on
Transfer.  Performance Share Units may not be sold, assigned,
hypothecated, pledged or otherwise transferred or encumbered in any manner
except by will or the laws of descent and distribution.

     

    9.           Withholding of
Taxes.  The obligation of the Company to deliver Shares shall
be subject to applicable Federal, state and local tax withholding
requirements.  The Committee may require the Participant to remit to
the Company an amount sufficient to satisfy the withholding requirements or may,
in its discretion, permit or require the Participant, subject to the provisions
of the Plan and withholding rules established by the Committee, to satisfy the
withholding tax, in whole or in part, by electing to have the Company withhold
Shares (or by returning previously acquired Shares to the
Company).  Such election must be made in compliance with and subject
to the withholding rules, and the Company may limit the number of Shares
withheld to satisfy the minimum tax withholding requirements to the extent
necessary to avoid adverse accounting consequences.

     

    10.           No Rights as a
Shareholder.  Until Shares are issued, if at all, in
satisfaction of the Company’s obligations under this Award, in the time and
manner specified above, the Participant shall have no rights as a
shareholder.

     

    11.           No Right to Continued
Employment.  Neither the execution and delivery hereof nor the
granting of the Award shall constitute or be evidence of any agreement or
understanding, express or implied, on the part of the Company or any of its
Related Corporations to employ or continue the employment of the Participant for
any period.

     

    12.           Governing
Law.  The Award and the legal relations between the parties
shall be governed by and construed in accordance with the laws of the
Commonwealth of Pennsylvania (without reference to the principles of conflicts
of law).

     

    13.           Signature in
Counterpart.  This Agreement may be signed in counterparts,
each of which shall be an original, with the same effect as if the signature
thereto and hereto were upon the same instrument.

     

    14.           Binding Effect;
Benefits. This Agreement shall be binding upon and inure to the benefit
of the Company and the Participant and their respective successors and permitted
assigns.  Nothing in this Agreement, express or implied, is intended
or shall be construed to give any person other than the Company or the
Participant or their respective successors or assigns any legal or equitable
right, remedy or claim under or in respect of any agreement or any provision
contained herein.

     

    
      
        
        

      

      
        - 3
-

        
          

        

      

      
        
        

      

    

     

    15.           Amendment.  This
Agreement may not be altered, modified or amended except by a written instrument
signed by the Company and the Participant.

     

    16.           Sections and Other
Headings.  The section and other headings contained in this
Agreement are for reference purposes only and shall not affect the meaning or
interpretation of this Agreement.

     

    IN WITNESS WHEREOF, the Company, by its
duly authorized officer, and the Participant has executed this Agreement in
duplicate as of the day and year first above written.

    

    
      
        
          
            	
                    KULICKE
      AND SOFFA INDUSTRIES, INC.

                  
	 
      	 
      
	
                    By: 

                  	
                       

                  
	
                    Name:  David
      J. Anderson

                  
	
                    Title:    VP
      & General Counsel

                  
	 
      	 
      
	
                    By:

                  	
                       

                  
	
                                 Participant

                  

          

        

      

    

    
      
         

      

      
        - 4
-

        
          

        

      

      
         

      

    

    

    Appendix
A

    

    
      
        	
                

              	
                 

              
	 
      	 
      
	 
      	
                 

              
	 
      	
                 

              
	 
      	
                 

              

      

    

    

    Kulicke
& Soffa Industries

    Performance
Share Plan

    FY2011
through FY2013

    
      
         

      

      
        - 5
-

        
          

        

      

      
         

      

    

    

    

    Kulicke
& Soffa Industries

    Performance
Share Plan

    FY2011
through FY2013

    

    The
Management Development and Compensation Committee of the Board of Directors has
established the following Performance Share Plan terms for performance share
unit grants.  All Performance Share Award grants are made pursuant to
the Kulicke & Soffa Industries 2009 Equity Plan.

    

    Performance
Metric:  Relative Total Shareholder Return

    Performance
for the purposes of determining the vesting of the performance share awards will
be based on Relative Total Shareholder Return (TSR).  Relative TSR
measures the K&S share price movement over a performance period relative to
the share price movement of peer companies.

    

    TSR =
End of Period Share
Price – Beginning of Period Share Price + Dividend

    Beginning
of Period Share Price

    

    October-December
Performance Share Awards

    The terms
of the grant are stated below:

    

    
      	
              Grant
      Date

            	
                

            	
              Various
      Grant Dates from October 2010 through September 2011

            
	
              Performance
      Period

            	 
      	
              October
      3, 2010 to September 28, 2013

            
	
              Vesting

            	 
      	
              3-year
      cliff vest from Grant Date

            
	
              Peer
      Companies

            	 
      	
              Philadelphia
      Semiconductor Index (SOXX) companies at Grant

            
	
              Target
      Performance

            	 
      	
              Median
      of the Peer Companies

            
	
              Payout
      Range

            	 
      	
              0%
      to 200% of Target Performance

            
	
              Stock
      Averaging Period

            	 
      	
              90
      calendar days

            

    

    

    Peer
Companies

    The
companies of the Philadelphia Semiconductor (SOXX) Index as of the Grant Date
will comprise the Peer Companies for the determination of the Relative TSR
results of K&S at Vesting.

    
      
         

      

      
        - 6
-

        
          

        

      

      
         

      

    

    

    
      	
              Altera
      Corporation

            	 
      	
              National
      Semiconductor Corporation

            
	
              Applied
      Materials, Inc

            	 
      	
              Novellus
      Systems

            
	
              Advanced
      Micro Devices, Inc

            	 
      	
              SanDisk
      Corporation

            
	
              Broadcom
      Corporation

            	 
      	
              STMicroelectronics
      N.V.

            
	
              Intel
      Corporation

            	 
      	
              Teradyne

            
	
              KLA-Tencor
      Corporation

            	 
      	
              Taiwan
      Semiconductor Manufacturing Co.

            
	
              Linear
      Technology Corporation

            	 
      	
              Texas
      Instruments, Inc

            
	
              Marvell
      Technology Inc

            	 
      	
              MEMC
      Electronic Materials

            
	
              Micron
      Technology Inc

            	
                

            	
              Xilinx,
      Inc

            

    

    

    The Peer
Companies may change over the Performance Period as follows:

    
      	
               
      

            	
              ·

            	
              In
      the event of a merger, acquisition or business combination transaction of
      a Peer Company with or by another Peer Company, the surviving entity will
      remain a Peer Company, without adjustment to its financial or market
      structure.

            

    

    
      	
               
      

            	
              ·

            	
              In
      the event of a merger of a Peer Company with an entity that is not a Peer
      Company, or the acquisition or business combination transaction by or with
      a member of the peer group, or with an entity that is not a Peer Company,
      in each case, where the Peer Company is the surviving entity and remains
      publicly traded, the surviving entity will remain a Peer
      Company.

            

    

    
      	
               
      

            	
              ·

            	
              In
      the event of a merger or acquisition or business combination transaction
      of a Peer Company by or with an entity that is not a Peer Company, a
      ‘going private’ transaction involving a Peer Company or the liquidation of
      a Peer Company, where the Peer Company is not a surviving entity or is
      otherwise no longer publicly traded, the company shall no longer be a Peer
      Company.

            

    

    

    Changes
to the companies comprising the SOXX Index over the Performance Period will not
change the Peer Companies for the Performance Share Awards made under this
plan.

    

    Target
Performance

    TSR for
each of the Peer Companies is calculated and ranked highest to
lowest.  The Median TSR performance of the Peer Companies is the TSR
at which half the Peer Companies’ TSR results are below and half the Peer
Companies’ TSR results are above.

    

    Payout
Range

    Grants of
Performance Share Awards will be made at the Target Performance amount defined
as the Median performance of the Peer Companies.  The amount vested at
Vesting will range from 0% to 200% of the Target Performance amount depending
upon the final positioning of KLIC’s TSR to the median of the Peer Companies at
the end of the Performance Period.

    

    The
payout scale below shows the Award vesting percentage at percentile performance
points from <25th to
99th
at 5 percentile point increments.  Final Vesting of Performance Share
Awards will be interpolated will be expressed as a full percentage point ranging
from 0% to 200%.

     

    
      
        
        

      

      
        - 7
-

        
          

        

      

      
        
        

      

    

    

    
      
        
          
            
              
                
                  
                    	
                            Percentile

                            Performance

                          	 	
                            Payout

                          
	
                            99th

                          	 	
                            200%

                          
	
                            95th

                          	 	
                            190%

                          
	
                            90th

                          	 	
                            180%

                          
	
                            85th

                          	 	
                            170%

                          
	
                            80th

                          	 	
                            160%

                          
	
                            75th

                          	 	
                            150%

                          
	
                            70th

                          	 	
                            140%

                          
	
                            65th

                          	 	
                            130%

                          
	
                            60th

                          	 	
                            120%

                          
	
                            55th

                          	 	
                            110%

                          
	
                            Median 50%

                          	 	
                            100%

                          
	
                            45th

                          	 	
                            90%

                          
	
                            40th

                          	 	
                            80%

                          
	
                            35th

                          	 	
                            70%

                          
	
                            30th

                          	 	
                            60%

                          
	
                            25th

                          	 	
                            50%

                          
	
                            <25th

                          	 	
                            0%

                          

                  

                

              

            

          

        

      

    

    
      
         

      

      
        - 8
-

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