0001140361-15-014450.txt : 20150403 0001140361-15-014450.hdr.sgml : 20150403 20150403184929 ACCESSION NUMBER: 0001140361-15-014450 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150211 FILED AS OF DATE: 20150403 DATE AS OF CHANGE: 20150403 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MANNATECH INC CENTRAL INDEX KEY: 0001056358 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 752508900 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 600 SOUTH ROYAL LANE STREET 2: SUITE 200 CITY: COPPELL STATE: TX ZIP: 75019 BUSINESS PHONE: 9724717400 MAIL ADDRESS: STREET 1: 600 SOUTH ROYAL LANE STREET 2: SUITE 200 CITY: COPPELL STATE: TX ZIP: 75019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Park Yong Jae CENTRAL INDEX KEY: 0001638714 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24657 FILM NUMBER: 15752171 MAIL ADDRESS: STREET 1: 600 S ROYAL LANE, SUITE 200 CITY: COPPELL STATE: TX ZIP: 75019 3 1 doc1.xml FORM 3 X0206 3 2015-02-11 0 0001056358 MANNATECH INC MTEX 0001638714 Park Yong Jae 600 S. ROYAL LANE, SUITE 200 COPPELL TX 75019 0 1 0 0 Regional President Right to Purchase Common Stock 14.33 2024-10-27 Common Stock, Par Value $0.0001 per share 4500 D One-third of the stock options will vest on October 28, 2015, another one-third of the stock options will vest on October 28, 2016, and the remaining one-third of the stock options will vest on October 28, 2017. /s/ S. Mark Nicholls, CFO, by Power of Attorney 2015-04-03 EX-24 2 poa_park.htm YONG JAE PARK POA
POWER OF ATTORNEY

STATE OF TEXAS §
§
COUNTY OF DALLAS §

I, Yong Jae (Patrick) Park, residing at 1919 S. Oxford Avenue, Los Angeles, CA 90018 do hereby appoint the employees of the Mannatech Finance Department of Mannatech, Incorporated, a Texas corporation, and S. Mark Nicholls, my true and lawful attorneys-in-fact (each an “Attorney-in-Fact” and, collectively, the “Attorneys-in-Fact”), each, individually or jointly, to have full power to act in my name, place and stead and on my behalf to do and execute all or any of the following acts, deeds and things:

1) To execute and file for and on behalf of me, in my capacity as one or more of an officer, director, or significant stockholder of Mannatech. Incorporated or any of its subsidiaries (collectively, the “Company”), reports or other filings under Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder, including without limitation. Forms 3. 4 and 5, including any amendments, corrections, supplements or other changes thereto;

2) To do and perform any and all acts for and on behalf of me which you (in your sole discretion) determine may be necessary or desirable to complete and execute any such reports or other filings and timely file same with the United States Securities and Exchange Commission and any stock exchange or similar authority: and

3) To take any other action of any type whatsoever in connection with the foregoing which, in the sole opinion of such Attorney-in-Fact, may be of benefit to, in the interest of, or legally required by me, it being understood that the documents executed by such Attorney-in-Fact on behalf of me pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such Attorney-in-Fact may approve in such Attorney-in-Fact’s discretion.

I hereby grant to each Attorney-in-Fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done (in such Attorney-in-Fact’s sole discretion) in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as I might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that the Attorneys-in-Fact shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. I acknowledge that the Attorneys-in-Fact, in serving in such capacity at my request, are not assuming, nor is the Company assuming, any of my responsibilities to comply with Section 16 of the Exchange Act.


This Power of Attorney shall remain in full force and effect until I am no longer subject to Section 16 of the Exchange Act with respect to my holdings of and transactions in securities issued by the Company, unless earlier revoked by me in a signed writing delivered to the Attorneys-in-Fact.

Liability. Each Attorney-in-Fact shall have no liability or obligation with respect to the powers granted herein except for and to the extent of such Attorney-in-Fact’s willful misconduct. In no event shall any Attorney-in-Fact be liable for incidental, indirect, special, consequential or punitive damages.

Severability. The provisions of this Power of Attorney shall be deemed severable, and the invalidity or unenforceability of any provision hereof shall not affect the validity or enforceability of any other provision hereof: provided that if any provision of this Power of Attorney, as applied to me or to any Attorney-in-Fact or any circumstance, is adjudged by any governmental body, arbitrator or mediator not to be enforceable in accordance with its terms, then such governmental body, arbitrator or mediator shall have the power to modify the provision in a manner consistent with the objectives of this Power of Attorney such that it is enforceable, and/or to delete specific words or phrases, and in its reduced form, such provision shall be enforceable and shall be enforced, but in any case, only to the extent required to make such provision enforceable.

Governing Law. This agreement shall be deemed to be a contract under, and shall be construed, interpreted and governed by and according to the laws of the State of Texas, excluding any conflict of laws principle which, if applied, might permit or require the application of the laws of another jurisdiction.

IN WITNESS WHEREOF.  I have executed this Power of Attorney as of April 1, 2015


 
Signature:
/s/ Yong Jae (Patrick) Park
   
Yong Jae (Patrick) Park