[UTStarcom Names Tim Ti as New Chief Executive Officer and Announces Changes to its Board of Directors HONG KONG, January 11, 2016 (GLOBE NEWSWIRE) -- UTStarcom (NASDAQ:UTSI), a global telecommunications infrastructure provider, today named Mr. Tim Ti as the Company’s new Chief Executive Officer (CEO) and announced changes to the board of directors, effective immediately. Mr. Ti brings more than] []
[UTStarcom Names Tim Ti as New Chief Executive Officer and Announces Changes to its Board of Directors HONG KONG, January 11, 2016 (GLOBE NEWSWIRE) -- UTStarcom (NASDAQ:UTSI), a global telecommunications infrastructure provider, today named Mr. Tim Ti as the Company’s new Chief Executive Officer (CEO) and announced changes to the board of directors, effective immediately. Mr. Ti brings more than] []
[JOINT FILING AGREEMENT This Joint Filing Agreement may be executed in any number of counterparts, each of which shall be deemed an original. IN WITNESS WHEREOF SHANGHAI PHICOMM COMMUNICATION CO., LTD. Chongqing Liangjian New AREA Strategic Emerging Industries Equity Investment Fund Partnership (Limited LIABILITY Partnership) Gu Guoping Gu Guoping Chairman Zhang Jun PHICOMM TECHNOLOGY (HONG KONG) CO., LIMITED. Zhang Jun] [LETTER OF GUARANTEE WHEREAS Smart Soho Agreement Sellers WHEREAS NOW THEREFORE Guarantor mutatis mutandis Capitalized terms and expressions hereunder shall have the same meaning as those stipulated in the Agreement. For and on behalf of Phicomm Technology (Hong Kong) Co., Limited] [Capital Increase and Share Subscription Agreement by and among Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Shanghai Phicomm Communication Co., Ltd Phicomm Technology (Hong Kong) Co., Limited and The Smart Soho International Limited Place: Chongqing, China 1/20 Table of Contents 1. DEFINITIONS AND INTERPRETATION 5 2. CLOSING OF THE SHARES OF PARTY D] []
[JOINT FILING AGREEMENT This Joint Filing Agreement may be executed in any number of counterparts, each of which shall be deemed an original. IN WITNESS WHEREOF SHANGHAI PHICOMM COMMUNICATION CO., LTD. Chongqing Liangjian New AREA Strategic Emerging Industries Equity Investment Fund Partnership (Limited LIABILITY Partnership) Gu Guoping Gu Guoping Chairman Zhang Jun PHICOMM TECHNOLOGY (HONG KONG) CO., LIMITED. Zhang Jun] [LETTER OF GUARANTEE WHEREAS Smart Soho Agreement Sellers WHEREAS NOW THEREFORE Guarantor mutatis mutandis Capitalized terms and expressions hereunder shall have the same meaning as those stipulated in the Agreement. For and on behalf of Phicomm Technology (Hong Kong) Co., Limited] [Capital Increase and Share Subscription Agreement by and among Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Shanghai Phicomm Communication Co., Ltd Phicomm Technology (Hong Kong) Co., Limited and The Smart Soho International Limited Place: Chongqing, China 1/20 Table of Contents 1. DEFINITIONS AND INTERPRETATION 5 2. CLOSING OF THE SHARES OF PARTY D] []
[THE SMART SOHO INTERNATIONAL LIMITED P.O. Box 309 Ugland House Grand Cayman, KY1-1104 Cayman Islands December 4, 2015 To the Sellers to the Purchase and Sale Agreement dated November 4, 2015 Ladies and Gentlemen: We agree that the Agreement shall be amended as follows: Amendment of Payment Terms 1. Payment Terms. (a) On the First Closing Date (as defined below),] [SCHEDULE 13D CUSIP No. 918076100 1 Name of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Shah Capital Management, Inc. 2 Check the appropriate box if a member of a group (see instructions) ¨ x (a) 3 SEC use only 4 Source of funds (see instructions) OO 5 ¨ 6 Citizenship or place of organization North Carolina Number]
[THE SMART SOHO INTERNATIONAL LIMITED P.O. Box 309 Ugland House Grand Cayman, KY1-1104 Cayman Islands December 4, 2015 To the Sellers to the Purchase and Sale Agreement dated November 4, 2015 Ladies and Gentlemen: We agree that the Agreement shall be amended as follows: Amendment of Payment Terms 1. Payment Terms. (a) On the First Closing Date (as defined below),] [SCHEDULE 13D CUSIP No. 918076100 1 Name of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Shah Capital Management, Inc. 2 Check the appropriate box if a member of a group (see instructions) ¨ x (a) 3 SEC use only 4 Source of funds (see instructions) OO 5 ¨ 6 Citizenship or place of organization North Carolina Number]
[UTStarcom Reports Unaudited Financial Results for the Third Quarter of 2015 Hong Kong, November 9, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the third quarter ended September 30, 2015. Mr. William Wong, UTStarcom’s Chief Executive Officer, stated, “We are pleased to have exceeded our initial expectations] []
[UTStarcom Reports Unaudited Financial Results for the Third Quarter of 2015 Hong Kong, November 9, 2015 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the third quarter ended September 30, 2015. Mr. William Wong, UTStarcom’s Chief Executive Officer, stated, “We are pleased to have exceeded our initial expectations] []
[PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement (this Agreement), dated as of November 4, 2015, is among persons identified on Schedules A and B as the Sellers (including the Shah Sellers and the Lu Sellers; individually, a Shah Seller or a Lu Seller, as the case may be and, collectively, the Sellers) and The Smart Soho International Limited] [SCHEDULE 13D CUSIP No. 918076100 1 Name of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Shah Capital Management, Inc. 2 Check the appropriate box if a member of a group (see instructions) ¨ x (a) 3 SEC use only 4 Source of funds (see instructions) OO 5 ¨ 6 Citizenship or place of organization North Carolina Number]
[PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement (this Agreement), dated as of November 4, 2015, is among persons identified on Schedules A and B as the Sellers (including the Shah Sellers and the Lu Sellers; individually, a Shah Seller or a Lu Seller, as the case may be and, collectively, the Sellers) and The Smart Soho International Limited] [SCHEDULE 13D CUSIP No. 918076100 1 Name of reporting persons I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Shah Capital Management, Inc. 2 Check the appropriate box if a member of a group (see instructions) ¨ x (a) 3 SEC use only 4 Source of funds (see instructions) OO 5 ¨ 6 Citizenship or place of organization North Carolina Number]
