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USD ($)

USD ($) / shares

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   &lt;div style="font-family: 'Times New Roman',Times,serif"&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;b&gt;Note 14 &amp;#8212; Subsequent Events&lt;/b&gt;
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&lt;b&gt;&lt;i&gt;Executive Officer Resignation and Severance Agreement&lt;/i&gt;&lt;/b&gt;
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;On April&amp;#160;29, 2011, Wolrad Claudy, Executive Vice President, Global Sales of Tekelec, and
   Tekelec Germany GmbH (&amp;#8220;Tekelec Germany&amp;#8221;) entered into a Termination Agreement pursuant to which the
   parties mutually agreed that Mr.&amp;#160;Claudy would resign, effectively immediately, from his position as
   Managing Director of Tekelec Germany. On the same date, Mr.&amp;#160;Claudy resigned from his office as
   Executive Vice President, Global Sales of the Company.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Pursuant to the Termination Agreement and in accordance with the six-month notice requirement
   under the 2008 Managing Director Agreement between Tekelec Germany and Mr.&amp;#160;Claudy, Mr.&amp;#160;Claudy will
   remain employed by Tekelec Germany through October&amp;#160;31, 2011. During that period, Mr.&amp;#160;Claudy will
   continue to receive his monthly base salary of 16,250 Euros (i.e., approximately $23,129 based on a
   Euro to U.S. dollar exchange rate of 1.4233) and to be entitled to receive commissions under the
   2011 Sales Compensation Plan for Wolrad Claudy. Mr.
   Claudy will provide services related to
   customer relationships and customer accounts through July, 2011 and will
   thereafter be released from the obligation to provide such services. In connection with the
   termination of Mr.&amp;#160;Claudy&amp;#8217;s employment with Tekelec Germany and in accordance with the terms of the
   Company&amp;#8217;s 2007 Officer Severance Plan, as amended, Mr.&amp;#160;Claudy will receive cash severance
   compensation in the total amount of 497,250 Euros (i.e., approximately $707,736 based on a euro to
   dollar exchange rate of 1.4233) and will receive certain health care benefits.
   &lt;/div&gt;
   &lt;/div&gt;
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 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 5
 -Paragraph 11

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