Document:

Exhibit 4.6

 

	
      100 Walnut Street

      Champlain, New York

      12919

        

	ARS Networks, Incorporated

Exhibit 4.6

June 29, 2000 

Mr. Robert Esecson

Seven Stacy's Way

Acton, MA  01720

Dear Mr. Esecson

Re: Appointment to Board of Directors

I welcome this opportunity to confirm your appointment to the Board of Directors of ARS Networks, Incorporated effective June 29, 2000.

Term: You are appointed as a Director for a term of twenty-four months from the date noted above. As such, your term shall expire on June 30, 2002.

Compensation: Compensation as a Director shall be in the form of stock options to be granted annually. The number of options granted will be determined based upon the recommendation of management and the unanimous agreement of the Board of Directors. The option grant will be reviewed in April of each year and will vest immediately. 

Expenses: You shall be forthwith reimbursed by the Company for all expenses incurred by you in the course of fulfilling your duties as a Director, including the full cost of travel, food and hotel accommodation associated with your attendance at meetings of the Board of Directors.

Attendance at Board Meetings: You are required to attend all Board Meetings. The Board meets on average 10 times during the year. Absence from any two (2) consecutive Board Meetings shall constitute the tendering of your resignation from the Board.

Conflict of interest: Each Director will be required to declare any conflict of interest prior to any discussion and vote on matters raised at a meeting of the Board and requiring a vote by the Directors.

Other responsibilities: Each Director shall serve on a Committee of the Board and/or be required to perform other duties such as assisting management to develop business plans, introducing the company to potential investors and customers and other such functions as they arise. The current Committees include the Audit and Compensation Committees. 

 

Directors and Officers Liability Insurance: The Company shall provide Insurance for Directors and Officers Liability each year. Directors shall provide any and all information required by management to ensure that proper Insurance coverage is placed. Included in this information required is a listing of all external directorships and management positions, history of past D&O claims and any other information requested by the underwriters to provide the appropriate coverage. 

Please sign below indicating your acceptance of this appointment as a Director of ARS Networks, Incorporated. 

Sincerely,

Peter Hoult

Chairman

 

 

 

____________________________

Name: Robert Esecson

Date: June 29, 2000Exhibit 4.7

 

	
      100 Walnut Street

      Champlain, New York

      12919

        

	ARS Networks, Incorporated

Exhibit 4.7

June 29, 2000 

Mr. Patrick Shea

944 North Russel Road

Russell, Ontario

Dear Mr. Shea

Re: Appointment to Board of Directors

I welcome this opportunity to confirm your appointment to the Board of Directors of ARS Networks, Incorporated effective June 29, 2000.

Term: You are appointed as a Director for a term of twenty-four months from the date noted above. As such, your term shall expire on June 30, 2002.

Compensation: Compensation as a Director shall be in the form of stock options to be granted annually. The number of options granted will be determined based upon the recommendation of management and the unanimous agreement of the Board of Directors. The option grant will be reviewed in April of each year and will vest immediately. 

Expenses: You shall be forthwith reimbursed by the Company for all expenses incurred by you in the course of fulfilling your duties as a Director, including the full cost of travel, food and hotel accommodation associated with your attendance at meetings of the Board of Directors.

Attendance at Board Meetings: You are required to attend all Board Meetings. The Board meets on average 10 times during the year. Absence from any two (2) consecutive Board Meetings shall constitute the tendering of your resignation from the Board.

Conflict of interest: Each Director will be required to declare any conflict of interest prior to any discussion and vote on matters raised at a meeting of the Board and requiring a vote by the Directors.

Other responsibilities: Each Director shall serve on a Committee of the Board and/or be required to perform other duties such as assisting management to develop business plans, introducing the company to potential investors and customers and other such functions as they arise. The current Committees include the Audit and Compensation Committees. 

 

Directors and Officers Liability Insurance: The Company shall provide Insurance for Directors and Officers Liability each year. Directors shall provide any and all information required by management to ensure that proper Insurance coverage is placed. Included in this information required is a listing of all external directorships and management positions, history of past D&O claims and any other information requested by the underwriters to provide the appropriate coverage. 

Please sign below indicating your acceptance of this appointment as a Director of ARS Networks, Incorporated. 

Sincerely,

Peter Hoult

Chairman

 

 

 

____________________________

Name: Patrick Shea

Date: June 29, 2000<PAGE>
                                                                    Exhibit 10.1

                            INDEMNIFICATION AGREEMENT

     This INDEMNIFICATION AGREEMENT, dated as of February ___, 2002, is made by
and between SOFTBANK AMERICA INC., a Delaware corporation (the "Selling
                                                                -------
Stockholder"), and UTStarcom, Inc., a Delaware corporation (the "Company").
-----------                                                      -------

                              W I T N E S S E T H:
                              - - - - - - - - - -

     WHEREAS, Selling Stockholder currently owns certain shares of common stock
of the Company (the "Shares");
                     ------

     WHEREAS, Selling Stockholder is permitted to sell the Shares pursuant to
Rule 144 of the Securities Act of 1933 (as amended) (the "Securities Act") or
                                                          --------------
pursuant to any other available exemption from the registration requirements of
the Securities Act;

     WHEREAS, in order to insure a controlled distribution of the Company's
shares, the Company has requested that the Selling Stockholder sell certain of
the Shares (the "Offered Shares") in an offering registered pursuant to the
                 --------------
provisions of the Securities Act (the "Offering");
                                       --------

     WHEREAS, in connection with the Offering, the Company has agreed to provide
certain indemnities to the Selling Stockholder in connection with statements
made in: (i) that certain Registration Statement, dated February 15, 2002, and
any amendments or supplements thereto (such documents collectively, the
"Registration Statement") filed by the Company in connection with the Offering;
 ----------------------
(ii) that certain Prospectus, dated February __, 2002 (the "Prospectus") being
                                                            ----------
used in connection with the Offering; (iii) any preliminary prospectus used in
connection with the Offering (the "Preliminary Prospectus") and (iv) any
                                   ----------------------
information provided pursuant to the provisions of Rule 430A of the rules and
regulations of the Securities and Exchange Commission under the Securities Act
in connection with the Offering (the "Rule 430A Information"; the Registration
                                      ---------------------
Statement, Prospectus, Preliminary Prospectus and Rule 430A Information,
collectively, the "Relevant Documents"), pursuant to the terms and conditions of
                   ------------------
this Agreement; and

     WHEREAS, the Selling Stockholder has agreed to provide an indemnity to the
Company in connection with certain information in the Relevant Documents
provided by the Selling Stockholder expressly for use therein, as provided
herein, pursuant to the terms and conditions of this Agreement;

         NOW THEREFORE, the parties hereto hereby agree as follows:

                                   ARTICLE I
                                INDEMNIFICATION

     1.01 Indemnification of the Selling Stockholder. The Company agrees to
          ------------------------------------------
indemnify and hold harmless the Selling Stockholder and each person, if any, who

<PAGE>

controls the Selling Stockholder within the meaning of Section 15 of the 1933
Act or Section 20 of the 1934 Act as follows:

          (i) against any and all loss, liability, claim, damage and expense
whatsoever, as incurred, arising out of any untrue statement or alleged untrue
statement of a material fact contained in the Registration Statement (or any
amendment thereto), including the Rule 430A Information, or the omission or
alleged omission therefrom of a material fact required to be stated therein or
necessary to make the statements therein not misleading or arising out of any
untrue statement or alleged untrue statement of a material fact including in any
preliminary prospectus or the Prospectus (or any amendment or supplement
thereto), or the omission or alleged omission therefrom of a material fact
necessary in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading;

          (ii) against any and all loss, liability, claim, damage and expense
whatsoever, as incurred, to the extent of the aggregate amount paid in
settlement of any litigation, or any investigation or proceeding by any
governmental agency or body, commenced or threatened, or of any claim whatsoever
based upon any such untrue statement or omission, or any such alleged untrue
statement or omission; provided that any such settlement is effected with the
written consent of the Company; and

          (iii) against any and all expense whatsoever, as incurred
(including the fees and disbursements of counsel chosen by the Selling
Stockholder), reasonably incurred in investigating, preparing or defending
against any litigation, or any investigation or proceeding by any governmental
agency or body, commenced or threatened, or any claim whatsoever based upon any
such untrue statement or omission, to the extent that any such expense is not
paid under1.01 (i) or 1.01 (ii) above;

     provided, however, that the indemnity agreement contained in this Section
     --------  -------
1.01 shall not apply to any loss, liability, claim, damage or expense to the
extent arising out of any untrue statement or omission made in reliance upon and
in conformity with written information furnished to the Company by the Selling
Stockholder expressly for use in the Registration Statement (or any amendment
thereto), the Prospectus or any preliminary prospectus (or any amendments or
supplement thereto).

     1.02 Indemnification of the Company. The Selling Stockholder agrees to
          ------------------------------
indemnify the and hold harmless the Company and each person, if any, who
controls the Company within the meaning of Section 15 of the 1933 Act or Section
20 of the 1934 Act as follows:

          (i) against any and all loss, liability, claim, damage and expense
whatsoever, as incurred, arising out of any untrue statement or alleged untrue
statement of a material fact pertaining the Selling Stockholder or the Shares to
be offered and sold by the Selling Stockholder hereunder contained in the
Registration Statement (or any amendment thereto), including the Rule 430A
Information, or the omission or alleged omission therefrom of a material fact
pertaining to the Selling Stockholder or the Shares

                                      -2-

<PAGE>

to be offered and sold by the Selling Stockholder hereunder required to be
stated therein or necessary to make the statements therein not misleading or
arising out of any untrue statement or alleged untrue statement of a material
fact pertaining to the Selling Stockholder or the Shares to be offered and sold
by the Selling Stockholder hereunder included in any preliminary prospectus or
the Prospectus (or any amendment or supplement thereto), or the omission or
alleged omission therefrom of a material fact pertaining to such Selling
Stockholder or the Shares to be offered and sold by the Selling Stockholder
hereunder necessary in order to make the statements herein, in the light of the
circumstances under which they were made, not misleading;

          (ii) against any and all loss, liability, claim, damage and expense
whatsoever, as incurred, to the extent of the aggregate amount paid in
settlement of any litigation, or any investigation or proceeding by any
governmental agency or body, commenced or threatened, or of any claim whatsoever
based upon any such untrue statement or omission, or any such alleged untrue
statement or omission; provided that any such settlement is effected with the
written consent of the Selling Stockholder;

          (iii) against any and all expense whatsoever, as incurred (including
the fees and disbursements of counsel chosen by the Company), reasonably
incurred in investigating, preparing or defending against any litigation, or any
investigation or proceeding by any governmental agency or body, commenced or
threatened, or any claim whatsoever based upon any such untrue statement or
omission , to the extent that any such expenses is not paid under 1.02 (i) or
1.02 (ii) above;

     provided, however, that the indemnity agreement contained in this Section
     --------  -------
1.02 shall apply only to any loss, liability, claim, damage or expense to the
extent arising out of any untrue statement or omission made in reliance upon and
in conformity with written information furnished to the Company by the Selling
Stockholder expressly for use in the Registration Statement (or any amendment
thereto), the Prospectus or any preliminary prospectus (or any amendments or
supplement thereto).

     1.03 Contribution. As between the Company and the Selling Stockholder, if
          ------------
the indemnification provided for in this Article is for any reason unavailable
to or insufficient to hold harmless the Company or the Selling Stockholder, as
the case may be, in respect of any losses, liabilities, claims, damages or
expenses referred to herein, then the Company and the Selling Stockholder shall
contribute to the aggregate amount of such losses, liabilities, claims, damages
and expenses incurred by the Selling Stockholder or the Company, as the case may
be, based on the relative fault of the Company on the one hand and the Selling
Stockholder on the other hand in connection with the statements or omissions
which resulted in such losses, liabilities, claims, damages or expenses, as well
as any other relevant equitable considerations. The relative fault of the
Company on the one hand and the Selling Stockholder on the other hand shall be
determined by reference to, among other things, whether any such untrue or
alleged untrue statement of a material fact or omission or alleged omission to
state a material fact relates to information supplied by the Company or the
Selling Stockholder and the parties' relative

                                      -3-

<PAGE>

intent, knowledge, access to information and opportunity to correct or prevent
such statement or omission.

     For the avoidance of doubt, the phrase "losses, liabilities, claims,
damages and expense", as used in this Agreement, shall include, without
limitation, any losses, liabilities, claims, damages or expense incurred with
respect to any indemnification or contribution obligation under Section 6 of the
Purchase Agreement, dated as of February ___, 2002, among the Company, the
Selling Stockholder and the Underwriters named therein (the "Purchase
                                                             --------
Agreement") and "expense" shall include, without limitation, any expense
---------
reimbursement obligation under Section 6 of the Purchase Agreement.

                                   ARTICLE II
                                 REPRESENTATIONS

     2.01 Authorization; Execution and Delivery. The Company represents that it
          -------------------------------------
is duly organized and validly existing under the laws of the jurisdiction of its
organization or incorporation. It has the corporate power to execute and deliver
this Agreement and to perform its obligations under this Agreement and has taken
all necessary action to authorize such execution, delivery and performance. Such
execution, delivery and performance do not violate or conflict with any law
applicable to it, any provision of its constitutional documents, any order or
judgment of any court or other agency of government applicable to it or any of
its assets or any contractual restriction binding on or affecting it or any of
its assets.

     2.02 Authorization; Execution and Delivery. The Selling Stockholder
          -------------------------------------
represents that it is duly organized and validly existing under the laws of the
jurisdiction of its organization. It has the power to execute and deliver this
Agreement and to perform its obligations under this Agreement and has taken all
necessary action to authorize such execution, delivery and performance. Such
execution, delivery and performance do not violate or conflict with any law
applicable to it, any provision of its constitutional documents, any order or
judgment of any court or other agency of government applicable to it or any of
its assets or any contractual restriction binding on or affecting it or any of
its assets.

                                   ARTICLE III
                                  MISCELLANEOUS

     3.01 Amendments. The terms of this Indemnification Agreement shall not be
          ----------
altered, modified, amended, supplemented or terminated in any manner whatsoever,
except by written instrument signed by each of the parties hereto.

     3.01 Successors and Assigns. This Indemnification Agreement shall be
          ----------------------
binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns. Neither party may assign this Indemnification Agreement
or any of such party's rights or obligations hereunder without the prior written
consent of the other party, and any purported assignment without such consent
shall be void, except that the Selling

                                      -4-

<PAGE>

Stockholder may make such an assignment to any of its affiliates at any time
without consent upon notice in writing of such assignment to the Company.

     3.03 Governing Law. This Agreement shall be governed by and construed in
          ------------
accordance with the laws of the State of New York.

     3.04 Counterparts. This Indemnification Agreement may be executed in any
          ------------
number of counterparts, all of which taken together shall constitute one and the
same instrument and either of the parties hereto may execute this
Indemnification Agreement by signing any such counterpart.

                                      -5-

<PAGE>

     IN WITNESS WHEREOF, the undersigned have duly executed this Indemnity
Agreement by their respective officers duly authorized thereunto as of the date
first above written.

                                            UTSTARCOM, INC.

                                            By:
                                               ---------------------------------
                                               Name:
                                               Title:

                                            SOFTBANK AMERICA INC.

                                            By:
                                               ---------------------------------
                                               Name:
                                               Title:

                                      -6-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]