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AI brief of an SEC Form 8-K · UTSTARCOM HOLDINGS CORP. (UTSI)

UTStarcom CEO Jack Lu signs China employment contract and amendment

Neutral Impact 2 of 5 leadership Written later

UTStarcom's chief executive, Jack Lu, entered into a new employment contract with its China subsidiary on May 5, 2011, effective March 1, 2011, along with an amendment. The amendment changes his involuntary termination severance agreement with the company and adds executive benefits offered to non-Chinese executives working in China. The filing says the terms reflect those the board approved on February 24, 2011.

Key points

  • Employment contract dated May 5, 2011, effective March 1, 2011, between UTStarcom (China) Co., Ltd. and Jack Lu
  • Amendment dated May 5, 2011 changes his involuntary termination severance agreement and certain contract terms
  • Amendment adds executive benefits offered to non-Chinese executives working in the PRC
  • Terms reflect those previously approved by the board on February 24, 2011

The filing

CompanyUTSTARCOM HOLDINGS CORP. (UTSI)
Form8-K, current report
Filed with the SECMay 10, 2011, 5:17 PM ET
Accession number0001104659-11-027876

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 10, 2011.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.