[October 31, 2013 Special Committee of the Board of Directors UTStarcom Holdings Corp. Room 303, Building H, Phoenix Place No. A5 Shuguangxili Chaoyang District, Beijing 100028 People’s Republic of China Dear Sirs: 1 Sincerely, Shah Capital Opportunity Fund LP Himanshu H. Shah Lu Charitable Remainder Trust Lu Family Trust The Lu Family Limited Partnership Hong Liang Lu cc: Colin Banfield,] [Agreement Shah Capital Mr. Shah Lu Trusts Lu Partnership Mr. Lu Party Parties THIS TERMINATION AGREEMENT (this “ Consortium Agreement WHEREAS, the Parties entered into a consortium agreement dated as of March 27, 2013 (the “ WHEREAS, the Parties, after consultation with one another, have withdrawn the Proposal (as defined in the Consortium Agreement) and unanimously determined not to proceed]

[October31, 2013ecialmmittee of the Board of Directors UTStarcomsrp. Room 303, Building H, Phoenix Place No. A5 Shuguangxili Chaoyang District, Beijing 100028 Peoples Republic of China Dear Sirs: 1 Sincerely, Shahpital Opportunity Fund LP Himanshu H. Shah Lu Charitable Remainder Trust Lu Family Trust The Lu Family Limited Partnership] [Agreement Shahpital Mr.Shah Lu Trusts Lu Partnership Mr. Lu Party Parties THIS TERMINATIONREEMENT (thisnsortiumreement WHEREAS, the Parties entered into ansortiumreementted of March27, 2013 (the WHEREAS, the Parties, afternsultation with one another, have withdrawn the Proposal (as defined in thensortiumreement) and unanimously determined not to proceed with the Transaction (as defined in thensortiumreement), and wish to]