X0303 4 2010-02-25 0001103184 ULTICOM INC ULCM.PK 0001293581 Chill Michael J C/O ULTICOM, INC. 1020 BRIGGS ROAD MT. LAUREL NJ 08054 1 0 0 0 Deferred Stock Awards (units) 2010-02-25 4 A 0 3105.5901 A Common Stock 3105.5901 3105.5901 D Each Unit of the Deferred Stock Award settles automatically into one share of Ulticom Common Stock upon the Settlement Date (as defined below). The Deferred Stock Award settles on the earlier of (a) the date on which a Change in Control occurs (to the extent that such Change in Control also constitutes a change in ownership or effective control within the meaning of Section 409A(a)(2)(A)(v) of the Code and (b) January 2, 2012 (the "Settlement Date"). The Deferred Stock Award shall vest 25% in each of the fiscal quarters ending April 30, 2010, July 31, 2010, October 31, 2010 and January 31, 2011 as a result of services provided during fiscal year 2010. The Deferred Stock Award shall become 100% vested on January 31, 2011, subject to the continued service as a director with Ulticom, Inc. or upon a change in control. The Deferred Stock Award was issued in connection with service as a director during fiscal year 2010. Dawn Branin, as Attorney in Fact for Michael Chill 2010-03-01