On January 7, 2013, ModusLink Global Solutions, Inc filed a proxy statement soliciting proxies from shareholders: (1) to elect 2 directors: Francis J. Jules and Michael J. Mardy, (2) to amend the Company's restated certificate of incorporation to declassify the Board of Directors, (3) to approve on an advisory basis the compensation of the Company's named executive officers. Further, ModusLink recommended its shareholders not to sign on Clinton Spotlight Master Fund, L.P's proxy card which they may receive.