Exhibit 10.33
UTSTARCOM, INC.
2006 EQUITY INCENTIVE PLAN
NOTICE OF GRANT OF PERFORMANCE SHARES
Unless otherwise defined herein, the terms defined in the 2006 Equity Incentive Plan (the “Plan”) will
have the same defined meanings in this Notice of Grant of Performance Shares (the “Notice of Grant”).
Participant:
Address:
You have been granted the right to receive Performance Shares, subject to the terms and conditions of
the Plan, this Notice of Grant and the Performance Share Award Agreement attached hereto as Exhibit A
(together, the “Award Agreement”) as follows:
Vesting Schedule :
The Performance Shares will vest as follows: [Vesting Schedule]
In the event Participant ceases to be a Service Provider for any or no reason before Participant vests in
the Performance Shares, the Performance Shares and Participant’s right to acquire any Shares hereunder will
immediately terminate.
By Participant’s signature and the signature of the Company’s representative below, Participant and the
Company agree that this Award of Performance Shares is granted under and governed by the terms and
conditions of this Award Agreement and the Plan, which is made a part of this document.
Grant Number
Date of Grant
Target Number of Performance Shares
[ ]
Performance Period
[ ]
Performance Matrix
The number of Performance Shares in which you may
vest in accordance with the Vesting Schedule below will
depend upon achievement [Insert Description of
Performance Goal(s)] and will be determined in
accordance with the Performance Matrix, attached
hereto as Appendix B. [Insert Performance Target(s)].
PARTICIPANT
UTSTARCOM, INC.
Signature
By
Print Name
Title
EXHIBIT A
PERFORMANCE SHARE AWARD AGREEMENT
1.