- Additional Proxy Soliciting Materials (definitive) (DEFA14A)
2011年11月11日 - 12:48AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
PROXY
STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934
Filed by the Registrant
þ
Filed by a Party other than
the Registrant
¨
Check the appropriate box:
¨
Preliminary Proxy Statement
¨
Confidential, for Use of the Commission (as
permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material Pursuant to §240.14a-12
TEMPLE-INLAND INC.
(Name of Registrant as Specified in Its Charter)
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(Name of Person(s) Filing Proxy Statement, if other
than Registrant)
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Payment of Filing Fee (Check the appropriate box):
þ
No fee
required.
¨
Fee computed
below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which
transaction applies:
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(2) Aggregate number of securities to which
transaction applies:
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(3) Per unit price or other underlying value of
transaction computed pursuant to Exchange Act Rule 0-11.
(set forth the amount on which the filing fee is calculated and state how it
was determined):
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(4) Proposed maximum aggregate value of
transaction:
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(5) Total fee paid:
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¨
Fee paid
previously with preliminary materials.
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Check box if any part of the fee is
offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing
for which the offsetting fee was paid previously. Identify the previous
filing by registration statement number, or the Form or Schedule and the date
of its filing.
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Amount Previously Paid:
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Form, Schedule or Registration Statement No.:
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Filing Party:
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Date filed:
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Filed by Temple-Inland, Inc.
Pursuant to Rule 14a-6(b)
of the Securities Exchange Act of 1934
Commission File No.: 001-08634
The following communication
was sent to Temple-Inland employees on November 10, 2011:
[Temple-Inland Letterhead]
November 10, 2011
Dear Temple-Inland Employee,
With the expected merger of Temple-Inland and International Paper progressing,
I wanted to share with you some information I have received from International
Paper about their plans for providing employee benefits to Temple-Inland
salaried, non-union employees after the closing date (“Day 1”) of the
transaction.
International Paper
appreciates that there is a great deal of material you will need as part of
joining a new company and understands that you will have many questions. As
International Paper has communicated to me, its goal is to get you the most
important information first and to continue to communicate openly and honestly
with you as you move through Day 1 and transition to the International Paper
team.
Enclosed, you will find an initial overview of proposed benefits International
Paper will provide to Temple-Inland employees on Day 1, once Temple-Inland
becomes a part of International Paper. By Day 1, it is also International
Paper’s intent that each Temple-Inland employee will have a basic understanding
of reporting relationships and the overall organization of the new company.
Both Temple-Inland and International Paper intend to make the transition as
smooth and easy as possible for all employees and their families. I will share
additional information about the transition process with you as it is
available. In the meantime, thank you for your continuing hard work and
commitment to being the best.
Sincerely,
J. Bradley Johnston
Chief Administrative Officer
Initial Overview of Proposed Benefits for Temple-Inland Salaried, Non-Represented Employees
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____________________________________________________
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Base Salary:
International Paper is committed to providing substantially comparable base salaries through 12/31/2012. In the event you transfer to a current International Paper location, however, you will transition to International Paper’s compensation and benefit plans at that time.
Ø
Pension Plan Participation:
If you are actively participating in the Temple-Inland pension plan, you will continue to participate through 12/31/2012. As of 01/01/2013, your continued participation will be determined by your Temple-Inland hire date.
Ø
Health and Welfare Benefits:
Your health and welfare
benefits, including medical, dental, long-term and short-term disability, will remain unchanged through 12/31/2012. As of 01/01/2013, you will transition to International Paper’s health and welfare benefits.
Ø
Savings Plan:
Your participation in the Savings Plan will remain unchanged through 12/31/2012. As of 01/01/2013, you will transition to the International Paper Savings Plan.
Ø
Severance Policy:
International Paper will maintain the Temple-Inland severance plans in effect at the time the transaction closes (Closing Date) for 18 months following the Closing Date. After 18 months from the close date, you will transition to the International Paper Salaried Employee Severance Plan.
Ø
Vacation:
International Paper will maintain the Temple-Inland vacation policy through 12/31/2012. As of 01/01/2013, you will transition to International Paper Vacation Policy.
Additional Information and Where to Find It
On November 7, 2011, Temple-Inland filed with the SEC a definitive proxy statement in connection with the proposed transaction with IP (which we refer to, as it may be amended from time to time, as the proxy statement”). The proxy statement has been mailed to the stockholders of Temple-Inland and contains
important information about the proposed transaction and related matters. SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT BECOMES AVAILABLE. The proxy statement and other relevant materials, and any other documents filed by Temple-Inland with the SEC, may be obtained free of charge at the SEC’s website, at www.sec.gov. In addition, security holders can obtain free copies of the proxy statement from Temple-Inland by contacting Investor Relations by mail at Attention: Investor Relations, 1300 S. MoPac Expressway, 3rd Floor, Austin, TX 78746.
1
This is intended to be a high level communication regarding proposed benefit structures. International Paper reserves the right to modify or terminate the plans or programs described in this overview at any time. This summary may not be relied on by employees under ERISA or enforced by employees against International Paper. This summary has no force or effect in the event the transaction between International Paper and Temple-Inland is not consummated.
Participants in the Solicitation
Temple-Inland and its directors and executive officers may be deemed to be participants in the solicitation of proxies from Temple-Inland stockholders in connection with the proposed transaction. Information about Temple-Inland’s directors and executive officers is set forth in the proxy statement for its 2011 Annual Meeting of Stockholders, which was filed with the SEC on March 23, 2011, and its Annual Report on Form 10-K for the year ended January 1, 2011, which was filed with the SEC on February 22, 2011. The proxy statement is available free of charge at the SEC’s website at www.sec.gov, and by mail at Attention: Investor Relations, 1300 S. MoPac Expressway, 3rd Floor, Austin, TX 78746, or by going to Temple-Inland’s Investor Relations page on its corporate website at www.templeinland.com.
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