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Corporate Governance

The UTStarcom Management team and its Board of Directors believes that the purpose of corporate governance is to ensure that we maximize shareowner value over a sustained period of time in a manner consistent with legal requirements and the highest standards of integrity. 
 

The Board has adopted and adheres to UTStarcom's Corporate Governance Principles, as well as UTStarcom's Principles of Business Conduct and Ethics. The Board and senior management believe that these principles represent corporate governance best practices.
 
We continually review these governance practices and update them, as appropriate, based upon Delaware law (the state in which we are incorporated), rules and listing standards of the NASDAQ, SEC regulations, as well as best practices suggested by recognized governance authorities. Some of our significant corporate governance initiatives include:
 
  • All members of our Audit Committee, Nominating and Governance Committee, and Compensation Committee are independent.
  • Our independent directors meet at each regularly scheduled meeting without the presence of management.
  • Our Audit Committee meets separately in private sessions with our outside independent auditors at each regularly scheduled committee board meeting.
  • Our Code of Business Conduct and Ethics is monitored by our General Counsel and is affirmed by our employees every year.
  • We provide regular ethics and compliance training programs to company employees.
  • We maintain a whistleblower hotline available to all employees in English and Chinese, to report ethics and compliance concerns, anonymously if preferred, including concerns related to accounting, accounting controls, financial reporting, and auditing matters.

Listed below are links to the various Codes of Conduct that UTStarcom operates under.

 
Description Format Size
Nominating and Corporate Governance Committee Charter uts-nominatingandcorporategovernancecommitteecharter.pdf (59.2 KB)
Articles of Association utsi-a_rarticlesofassociation28post-reversesharesplit29.pdf (1.74 MB)
Audit Committee Charter auditcommittee.pdf (34.61 KB)
Certificate of Incorporation certificateofincorporation.pdf (1.29 MB)
Code of Business Conduct and Ethics codeofbusinessconductandethics.pdf (196.6 KB)
To Our Customers and Vendors toourcustomersandvendors2014.pdf (496.28 KB)
Compensation Committee Charter uts-compensationcommitteecharter-adopted04252013.pdf (101.37 KB)
Code of Ethics for Chief Executive Officer and Senior Financial Officers codeofbusinessconductandethics.pdf (196.6 KB)
Corporate Governance Principles uts-corporategovernanceprinciples.pdf (89.07 KB)
Principles of Business Conduct and Ethics codeofethicsforceoandcfo.pdf (114.11 KB)