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SCHEDULE 14A
(RULE 14a)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
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<S> <C>
[ ] Preliminary Proxy Statement [ ] CONFIDENTIAL, FOR USE OF THE COMMISSION
ONLY (AS PERMITTED BY RULE 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to sec.240.14a-11(c) or sec.240.14a-12
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TELXON CORPORATION
(NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
[NOT APPLICABLE]
(NAME OF PERSON(S) FILING PROXY STATEMENT, IF OTHER THAN THE REGISTRANT)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which transaction applies: ............
(2) Aggregate number of securities to which transaction applies: ...............
(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): ...............................
(4) Proposed maximum aggregate value of transaction: ...........................
(5) Total fee paid: ............................................................
[ ] Fee paid previously with preliminary materials.
[ ] 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.
(1) Amount Previously Paid: ....................................................
(2) Form, Schedule or Registration Statement No.: ..............................
(3) Filing Party: ..............................................................
(4) Date Filed: ................................................................
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DIRECTION FORM
TELXON LOGO
ANNUAL MEETING OF STOCKHOLDERS -- SEPTEMBER 15, 1998
INSTRUCTIONS FOR VOTING SHARES HELD BY THE CHARLES SCHWAB TRUST COMPANY
("SCHWAB") AS TRUSTEE UNDER THE TELXON RETIREMENT AND UNIFORM AND MATCHING
PROFIT SHARING PLAN (THE "401(K) PLAN")
Pursuant to the 401(k) Plan, I hereby direct Schwab, as 401(k) Plan
Trustee, to vote as provided on the reverse side hereof, in person or by
proxy, at the Annual Meeting of Stockholders to be held on September 15,
1998, or any adjournment or postponement thereof, all the shares of Common
Stock of Telxon Corporation credited to my Telxon Stock Fund account under
the 401(k) Plan ("Plan Shares") as of the July 17, 1998 Record Date for
the Annual Meeting.
UPON THE PROPER COMPLETION AND TIMELY RETURN OF THIS DIRECTION FORM, YOUR
SHARES WILL BE VOTED IN THE MANNER DIRECTED HEREIN. IF THIS FORM IS NOT
RETURNED OR IS RETURNED BUT WITHOUT DIRECTION BEING GIVEN, SCHWAB WILL
VOTE YOUR PLAN SHARES IN THE SAME PROPORTION AS IT VOTES THOSE SHARES FOR
WHICH IT TIMELY RECEIVES PROPER VOTING INSTRUCTIONS. DIRECTION FORMS MUST
BE RECEIVED BY THE TABULATING AGENT, HARRIS TRUST AND SAVINGS BANK, NO
LATER THAN 5:00 P.M. EASTERN DAYLIGHT SAVING TIME ON SEPTEMBER 9, 1998 FOR
TABULATION.
IMPORTANT -- THIS DIRECTION FORM IS CONTINUED ON THE REVERSE SIDE. PLEASE
SIGN AND DATE ON THE REVERSE SIDE AND RETURN TODAY.
..............................................................................
DETACH FORM
Schwab and the Tabulating Agent will keep your holdings of Plan
Shares and your voting instructions on this Direction Form strictly
confidential. The accompanying proxy materials have been distributed
to you based on information provided by Schwab to the Tabulating
Agent (and not to the Company). If you also own Company stock other
than through the 401(k) Plan, you will receive a Proxy Card for the
voting of those other shares which you will also need to complete
and separately return.
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TELXON CORPORATION 401(k) PLAN
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PLEASE MARK VOTE IN OVAL IN THE FOLLOWING MANNER USING DARK INK ONLY. [BLACK OVAL]
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THE BOARD OF DIRECTORS RECOMMENDS FOR WITHHELD FOR ALL THE BOARD OF DIRECTORS RECOMMENDS FOR AGAINST ABSTAIN
A VOTE "FOR" THE BOARD'S NOMINEES BOTH BOTH EXCEPT A VOTE "AGAINST" PROPOSALS 2 THROUGH 7.
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1. Election of Directors [ ] [ ] [ ] 2. Takeover Proposal (as defined in [ ] [ ] [ ]
Board's Nominees: R. Bogomolny the Company's Proxy Statement).
and J. Cribb
3. Board Unanimity Proposal (as defined [ ] [ ] [ ]
- ------------------------ in the Company's Proxy Statement).
(Except nominee written above.)
4. Special Meeting Proposal (as defined [ ] [ ] [ ]
in the Company's Proxy Statement).
5. Business Combination Statute [ ] [ ] [ ]
Proposal (as defined in the Company's
Proxy Statement).
6. Repeal Proposal (as defined in [ ] [ ] [ ]
the Company's Proxy Statement).
7. Expense Reimbursement Proposal [ ] [ ] [ ]
(as defined in the Company's
Proxy Statement).
In its discretion, Schwab or its Proxy is authorized to vote
upon such other business as may properly come before the
meeting.
Dated:______________________________________________, 1998
Signature(s)____________________________________________________
________________________________________________________________
PLEASE SIGN EXACTLY AS NAME APPEARS HEREON. JOINT OWNERS SHOULD
EACH SIGN. WHEN SIGNING AS AN EXECUTOR OR IN ANY OTHER
REPRESENTATIVE CAPACITY, PLEASE GIVE FULL TITLE AS SUCH.
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- FOLD AND DETACH HERE -
YOUR VOTE IS IMPORTANT!
THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE
ELECTION OF THE BOARD'S DIRECTOR NOMINEES NAMED IN
PROPOSAL 1 AND "AGAINST" PROPOSALS 2 THROUGH 7.
PLEASE SIGN, DATE AND RETURN THE ABOVE DIRECTION FORM TODAY
USING THE POSTAGE-PAID ENVELOPE PROVIDED.
AS INSTRUCTED ABOVE, PLEASE MARK YOUR VOTES USING DARK INK ONLY.
