Employment Contract (May 10th, 2011)
(Please notify Human Resources department should there be any change / update to the above address within 15 days. Otherwise Human Resources department will use this address as the legally acceptable mail address.)
Amendment to Employment Contract (May 10th, 2011)
This Amendment, entered into as of May 5th , 2011 (the Amendment), shall be effective as of March 1st, 2011 and serve as the Amendment One (this Amendment) to the signed Employment Contract, dated May 5th, 2011 (the Contract), by and between UTStarcom (China) Co., Ltd. (the Company) and Jack Lu (Yin) (the Employee). Terms not otherwise defined herein shall have the meaning described to them in the Contract.
February 10, 2010 Jack Lu (Delivery by Email) (March 1st, 2010)
Reference is made to the offer letter dated January 26, 2010 and executed by you February 1, 2010 (the Offer Letter). Terms defined in the Offer Letter will have the same meanings in this letter agreement.
February 1, 2010 (February 4th, 2010)
On behalf of UTStarcom, Inc. (UTStarcom and together with its subsidiaries, the Company), we are pleased to offer you the position of Chief Executive Officer of UTStarcom effective on the later of June 30, 2010 or three months following the closing of the sale of common stock by UTStarcom to Beijing E-Town International Investment and Development Co., Ltd., Ram Max Group Limited and Shah Capital Management for an aggregate consideration of approximately $48.5 million in cash (the Investment). You will commence employment on the date the Investment closes (your Start Date) and will serve as UTStarcoms Senior Vice President and Chief Operating Officer until you become the Chief Executive Officer.
Utstarcom, Inc. Involuntary Termination Severance Agreement (February 4th, 2010)
This Involuntary Termination Severance Agreement (the Agreement) is made and entered into effective as of February 1, 2010 (the Effective Date), by and between Jack Lu (the Employee) and UTStarcom, Inc., a Delaware corporation (the Company). Certain capitalized terms used in this Agreement are defined in Section 1 below.