Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 5, 2008, the Compensation Committee of the Board of Directors of
UTStarcom, Inc., a Delaware corporation (the "Company"), approved the payment of
a post-separation cash bonus in the amount of $250,000, less applicable
withholding, to Philip Christopher, a former executive officer of the Company
who was President of UTStarcom Personal Communications LLC ("PCD") until July 1,
2008 when PCD was acquired by AIG Global Investment Group and certain other
investors.
Add
UTSI to Portfolio
Set Alert
Email to a
Friend