Joint Filing Agreement
The undersigned acknowledge and agree than any filings, including,
without limitation, amended filings, with respect to transactions by
Shah Capital Opportunity Fund LP, Shah Capital LLC, Shah Capital
Management, Inc. and Xxxxxxxx X. Xxxx, in shares of common stock of
UTStarcom Holdings Corp. that are required under Section 16 of the
Securities Exchange Act of 1934, as amended, may be filed on behalf of
each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned further agree to the filing,
furnishing or incorporation by reference of this joint filing agreement
as an exhibit to any joint filing made pursuant to Section 16, including
any amendments thereto, and for the completeness and accuracy of the
information concerning him or her contained therein, but shall not be
responsible for the completeness and accuracy of the information
concerning any other, except to the extent that he or she knows or has
reason to believe that such information is inaccurate. This joint filing
agreement shall remain in full force and effect until revoked by any
party hereto in a signed writing, provided to such other party hereto,
and then only with respect to such revoking party.
This agreement may be executed in one or more counterparts, each of
which will be deemed an original but all of which taken together will
constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby executes this Joint
Filing Agreement as of this 29th day of January 2013.
/s/ Xxxxxxxx X. Xxxx
Xxxxxxxx X. Xxxx
XXXX CAPITAL LLC
By: /s/ Xxxxxxxx X. Xxxx
Xxxxxxxx X. Xxxx, Managing Member
SHAH CAPITAL MANAGEMENT, INC.
By: /s/ Xxxxxxxx X. Xxxx
Xxxxxxxx X. Xxxx, President
SHAH CAPITAL OPPORTUNITY FUND LP
By: Shah Capital LLC, its General Partner
By: /s/ Xxxxxxxx X. Xxxx
Xxxxxxxx X. Xxxx, Managing Member