Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 15, 2009, the Management Development and Compensation Committee of the Board of Directors (the "Committee") of Kulicke and Soffa Industries, Inc. (the "Company") adopted Amendment No. 1 and Amendment No. 2 to the Company's 2009 Equity Plan (collectively, the "Amendments"). Amendment No. 1 is effective as of September 15, 2009 and Amendment No. 2 is effective as of September 30, 2009. The 2009 Equity Plan provides for equity incentive compensation to employees and directors of the Company.

· Amendment No 1. provides that holders of restricted common shares awarded under the 2009 Equity Plan will not be entitled to any cash dividends declared on common shares during the period that such shares are unvested, unless and until those shares vest. The 2009 Equity Plan previously provided that the holders of restricted shares were entitled to cash dividends declared on common shares, whether the shares were vested or unvested. The Company has not paid cash dividends in the past and does not currently intend to pay cash dividends.

· Amendment No. 2 gives the Committee the discretion to grant a prorated portion of a performance share award to an employee who is involuntarily terminated without cause before the end of a performance measurement period. The reduced award would be made at the end of the performance period, if the performance goals are attained, pro-rated based on the number of full months in the performance period prior to the termination of employment.

The 2009 Equity Plan is included in the Company's 2009 Proxy Statement as Appendix A. The foregoing summary of the Amendments is qualified in its entirety by the actual Amendments to the 2009 Equity Plan, which are attached hereto as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

10.1 Amendment No. 1 to the Kulicke and Soffa Industries, Inc. 2009 Equity Plan.

10.2 Amendment No. 2 to the Kulicke and Soffa Industries, Inc. 2009 Equity Plan.

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