13D Filing: Shah Capital Management and Utstarcom Holdings Corp. (NASDAQ:UTSI)

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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

On Mar. 31, 2017, the Consortium Members entered into a consortium agreement (the Consortium Agreement), pursuant which the
Consortium Members will cooperate in good faith in connection with the acquisition of all of the outstanding Ordinary Shares that are not already owned by the Consortium Members for US$ 2.15 in cash per Ordinary Share.

The descriptions of the principal terms of the Consortium Agreement and the Proposal under Item 4, which have been filed as Exhibit 99.2 and
99.3, are incorporated herein by reference as if set forth in their entirety herein.

To the best knowledge of the Reporting Persons,
except as provided herein, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons and between any of the Reporting Persons and any other person with respect to any securities of
the Company.

Item 7. Materials to be Filed as Exhibits.
Exhibit
No.
Description
99.1 Joint Filing Agreement dated March 31, 2017 by and among the Reporting Persons.
99.2 Consortium Agreement dated March 31, 2017 by and among Shah Opportunity, Mr. Shah, Mr. Lu., Lu Charitable Trust, Lu Family Trust, Lu Family Partnership and Mr. Ti.
99.3 Proposal to the Company dated March 31, 2017.

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