On January 9, 2013, Clinton Spotlight Master Fund, L.P. filed a proxy statement soliciting proxies from shareholders of ModusLink Global Solutions, Inc to vote for: (1) the election of its slate of 2 director nominees: Gregory P. Taxin and Seth E. Gardner in opposition to the Company's class I director nominees and any other individuals nominated for election as directors of the Company at the annual meeting, (2) amending the Company's restated certificate of incorporation to declassify the Board. Further, Clinton Spotlight urged the Company's shareholders to vote against the Company's proposal to approve on an advisory basis the compensation of the Company's named executive officers.