Exhibit 10.1.2

IKANOS COMMUNICATIONS, INC.

2014 STOCK INCENTIVE PLAN

NOTICE OF STOCK OPTION GRANT

You have been granted the following Option to purchase Common Stock of Ikanos
Communications, Inc. (the “Company”) under the Company’s 2014 Stock Incentive
Plan (the “Plan”):

 

Name of Optionee:    [Name of Optionee] Total Number of Option Shares Granted:
   [Total Number of Shares] Type of Option:    ¨ Incentive Stock Option    ¨
Nonstatutory Stock Option Exercise Price Per Share:    $              Grant
Date:    [Date of Grant] Vesting Commencement Date:    [Vesting Commencement
Date] Vesting Schedule:    [This Option becomes exercisable with respect to the
first 1/4th of the Shares subject to this Option when you complete 12 months of
continuous service as an Employee or a Consultant (“Service”) from the Vesting
Commencement Date. Thereafter, this Option becomes exercisable with respect to
an additional 1/48th of the Shares subject to this Option when you complete each
additional month of such Service.] Expiration Date:    [Expiration Date] This
Option expires earlier if your Service terminates earlier, as described in the
Stock Option Agreement.

By your signature and the signature of the Company’s representative below, you
and the Company agree that this Option is granted under and governed by the
terms and conditions of the Plan and the Stock Option Agreement, including any
special terms and conditions for your country in the appendix attached thereto
(collectively, the “Agreement”), both of which are attached to and made a part
of this document.

By signing this document you further agree that the Company may deliver by
e-mail all documents relating to the Plan or this Award (including without
limitation, prospectuses required by the U.S. Securities and Exchange
Commission) and all other documents that the Company is required to deliver to
its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by
posting them on a website maintained by the Company or by a third party under
contract with the Company. If the Company posts these documents on a website, it
will notify you by e-mail.

 

IKANOS COMMUNICATIONS, INC.

NOTICE OF STOCK OPTION GRANT

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OPTIONEE:       IKANOS COMMUNICATIONS, INC.

 

      By:   

 

Optionee’s Signature         

 

      Title:   

 

Optionee’s Printed Name         

 

IKANOS COMMUNICATIONS, INC.

NOTICE OF STOCK OPTION GRANT

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IKANOS COMMUNICATIONS, INC.

2014 STOCK INCENTIVE PLAN

STOCK OPTION AGREEMENT

 

Tax Treatment

This Option is intended to be an incentive stock option under Section 422 of the
Code or a nonstatutory option, as provided in the Notice of Stock Option Grant
(the “Notice”). Even if this Option is designated as an incentive stock option,
it shall be deemed to be a nonstatutory option to the extent required by the
$100,000 annual limitation under Section 422(d) of the Code.

 

Vesting

This Option becomes exercisable in installments, as shown in the Notice. This
Option will in no event become exercisable for additional Shares after your
Service as an Employee or a Consultant has terminated for any reason.

 

Term

This Option expires in any event at the close of business at Company
headquarters on the day before the 7th anniversary of the Grant Date, as shown
on the Notice (fifth anniversary for a more than 10% shareholder as provided
under the Plan if this is an incentive stock option). This Option may expire
earlier if your Service terminates, as described below.

 

Regular Termination

If your Service terminates for any reason except death or Disability, then this
Option will expire at the close of business at Company headquarters on the date
three (3) months after the date your Service terminates (or, if earlier, the
Expiration Date). The Company determines when your Service terminates for this
purpose and all purposes under the Plan and its determinations are conclusive
and binding on all persons.

 

Death

If your Service terminates because of death, then this Option will expire at the
close of business at Company headquarters on the date 12 months after the date
your Service terminates (or, if earlier, the Expiration Date). During that
period of up to 12 months, your estate or heirs may exercise the Option.

 

Disability

If your Service terminates because of your Disability, then this Option will
expire at the close of business at Company headquarters on the date 12 months
after the date your Service terminates (or, if earlier, the Expiration Date).

 

Leaves of Absence

For purposes of this Option, your Service does not terminate when you go on a
military leave, a sick leave, or another bona fide leave of absence, if the
leave of absence was approved by the Company in writing and if continued
crediting of Service is required by the terms of the leave or by applicable law.
But your Service terminates when the approved leave ends, unless you immediately
return to active work.

 

  If you go on a leave of absence, then the vesting schedule specified in the

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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  Notice may be adjusted in accordance with the Company’s leave of absence
policy or the terms of your leave. If you commence working on a part-time basis,
then the vesting schedule specified in the Notice may be adjusted in accordance
with the Company’s part-time work policy or the terms of an agreement between
you and the Company pertaining to your part-time schedule.

 

Restrictions on Exercise

The Company will not permit you to exercise this Option if the issuance of
Shares at that time would violate any law or regulation. The inability of the
Company to obtain approval from any regulatory body having authority deemed by
the Company to be necessary to the lawful issuance and sale of the Company stock
pursuant to this Option shall relieve the Company of any liability with respect
to the non-issuance or sale of the Company stock as to which such approval shall
not have been obtained.

 

Notice of Exercise

When you wish to exercise this Option you must provide a notice of exercise form
in accordance with such procedures as are established by the Administrator and
communicated to you from time to time. Any notice of exercise must specify how
many Shares you wish to purchase and how your Shares should be registered. The
notice of exercise will be effective when it is received by the Company. If
someone else wants to exercise this Option after your death, that person must
prove to the Administrator’s satisfaction that he or she is entitled to do so.

 

Form of Payment

When you submit your notice of exercise, you must include payment of the Option
exercise price for the Shares you are purchasing. Payment may be made in the
following form(s):

 

  •   Your personal check, a cashier’s check, or a money order.

 

  •   If permitted by the Administrator, certificates for Shares that you own,
along with any forms needed to effect a transfer of those Shares to the Company.
The value of the Shares, determined as of the effective date of the Option
exercise, will be applied to the Option exercise price. Instead of surrendering
Shares, you may attest to the ownership of those Shares on a form provided by
the Administrator and have the same number of Shares subtracted from the Shares
issued to you upon exercise of the Option. However, you may not surrender or
attest to the ownership of Shares in payment of the exercise price if your
action would cause the Company to recognize a compensation expense (or
additional compensation expense) with respect to this Option for financial
reporting purposes.

 

  •  

By delivery on a form approved by the Administrator of an irrevocable direction
to a securities broker approved by the Company to sell all or part of the Shares
that are issued to you when you exercise this Option and to deliver to the
Company from the sale proceeds an amount sufficient to pay the Option exercise
price and

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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  any Tax-Related Items (as defined below). The balance of the sale proceeds, if
any, will be delivered to you. The directions must be given by providing a
notice of exercise form approved by the Administrator.

 

  •   If permitted by the Administrator, by a “net exercise” arrangement
pursuant to which the number of Shares issuable upon exercise of the Option
shall be reduced by the largest whole number of Shares having an aggregate Fair
Market Value that does not exceed the aggregate exercise price (plus Tax-Related
Items (as defined below), if applicable) and any remaining balance of the
aggregate exercise price (and/or applicable Tax-Related Items (as defined
below)) not satisfied by such reduction in the number of whole Shares to be
issued shall be paid by you in cash or such other form of payment permitted
under this Option. The directions must be given by providing a notice of
exercise form approved by the Administrator.

 

  •   Any other form permitted by the Administrator in its sole discretion.

 

  Notwithstanding the foregoing, payment may not be made in any form that is
unlawful, as determined by the Administrator in its sole discretion.

 

Withholding Taxes and Stock Withholding

Regardless of any action the Company or, if different, your actual employer (the
“Employer”) takes with respect to any or all income tax, social insurance,
payroll tax, fringe benefits tax, payment on account or other tax-related items
related to your participation in the Plan and legally applicable to you
(“Tax-Related Items”), you acknowledge that the ultimate liability for all
Tax-Related Items legally due by you is and remains your responsibility and may
exceed the amount actually withheld by the Company or your Employer. You further
acknowledge that the Company and/or the Employer (1) make no representations or
undertakings regarding the treatment of any Tax-Related Items in connection with
any aspect of the Option grant, including, but not limited to, the grant,
vesting or exercise of the Option, the subsequent sale of Shares acquired
pursuant to such exercise and the receipt of any dividends; and (2) do not
commit to and are under no obligation to structure the terms of the grant or any
aspect of the Option to reduce or eliminate your liability for Tax-Related Items
or achieve any particular tax result. Further, if you are subject to Tax-Related
Items in more than one jurisdiction between the Grant Date and the date of any
relevant taxable or tax withholding event, as applicable, you acknowledge that
the Company and/or the Employer (or former employer, as applicable) may be
required to withhold or account for Tax-Related Items in more than one
jurisdiction.

 

  Prior to any relevant taxable or tax withholding event, as applicable, you
agree to pay or make adequate arrangements satisfactory to the Company and/or
the Employer to satisfy all Tax-Related Items.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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  In this regard, you authorize the Company and/or the Employer, or their
respective agents, at the discretion of the Administrator, to withhold all
applicable Tax-Related Items legally payable by you by one or a combination of
the following: (a) withholding from your wages or other cash compensation paid
to you by the Company and/or the Employer, (b) withholding Shares that otherwise
would be issued to you when you exercise this Option, (c) withholding taxes from
the proceeds of the sale of the Shares, either through a voluntary sale or
through a mandatory sale arranged by the Company (on your behalf pursuant to
this authorization without further consent), or (d) any other arrangement
approved by the Administrator. The Fair Market Value of these Shares, determined
as of the effective date of the Option exercise, will be applied as a credit
against the Tax-Related Items.

 

  Depending on the withholding method, the Company may withhold or account for
Tax-Related Items by considering applicable minimum statutory withholding rates
or other applicable withholding rates, including maximum applicable rates, in
which case you will receive a refund of any over-withheld amount in cash and
will have no entitlement to the Stock equivalent. If the obligation for
Tax-Related items is satisfied by withholding in Shares, for tax purposes, you
are deemed to have been issued the full number of Shares subject to the
exercised Options, notwithstanding that a number of the Shares are held back
solely for the purpose of paying the Tax-Related Items.

 

  Finally, you shall pay to the Company or the Employer any amount of
Tax-Related Items that the Company or the Employer may be required to withhold
or account for as a result of your participation in the Plan or your purchase of
Shares that cannot be satisfied by the means previously described. The Company
may refuse to honor the exercise and refuse to deliver the Shares if you fail to
comply with your obligations in connection with the Tax-Related Items as
described in this section.

 

Restrictions on Resale

You agree not to sell any Shares at a time when applicable laws, Company
policies or an agreement between the Company and its underwriters prohibit a
sale. This restriction will apply as long as your Service continues and for such
period of time after the termination of your Service as the Company may specify.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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Transfer of Option

In general, only you can exercise this Option prior to your death. You may not
sell, transfer, assign, pledge or otherwise dispose of this Option, other than
as designated by you by will or by the laws of descent and distribution, except
as provided below. For instance, you may not use this Option as security for a
loan. If you attempt to do any of these things, this Option will immediately
become invalid. You may in any event dispose of this Option in your will.
Regardless of any marital property settlement agreement, the Company is not
obligated to honor a notice of exercise from your former spouse, nor is the
Company obligated to recognize your former spouse’s interest in your Option in
any other way.

 

  However, if this Option is designated as a nonstatutory stock option in the
Notice, then the Administrator may, in its sole discretion, allow you to
transfer this Option as a gift to one or more family members. For purposes of
this Agreement, “family member” means a child, stepchild, grandchild, parent,
stepparent, grandparent, spouse, former spouse, sibling, niece, nephew,
mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or
sister-in-law (including adoptive relationships), any individual sharing your
household (other than a tenant or employee), a trust in which one or more of
these individuals have more than 50% of the beneficial interest, a foundation in
which you or one or more of these persons control the management of assets, and
any entity in which you or one or more of these persons own more than 50% of the
voting interest.

 

  In addition, if this Option is designated as a nonstatutory stock option in
the Notice, then the Administrator may, in its sole discretion, allow you to
transfer this Option to your spouse or former spouse pursuant to a domestic
relations order in settlement of marital property rights.

 

  The Administrator will allow you to transfer this Option only if both you and
the transferee(s) execute the forms prescribed by the Administrator, which
include the consent of the transferee(s) to be bound by this Agreement.

 

No Retention Rights

Neither your Option nor this Agreement gives you the right to be employed or
retained by the Company, the Employer, or a Subsidiary of the Company in any
capacity. The Company, the Employer, and its Subsidiaries reserve the right to
terminate your Service at any time, with or without cause.

 

Shareholder Rights

Your Options carry neither voting rights nor rights to dividends. You, or your
estate or heirs, have no rights as a shareholder of the Company unless and until
you have exercised this Option by giving the required notice to the Company and
paying the exercise price. No adjustments will be made for dividends or other
rights if the applicable record date occurs before you exercise this Option,
except as described in the Plan.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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Adjustments

The number of Shares covered by this Option and the exercise price per Share
shall be subject to adjustment in the event of a stock split, a stock dividend,
or a similar change in Company Shares, and in other circumstances, as set forth
in the Plan.

 

Successors and Assigns

Except as otherwise provided in the Plan or this Agreement, every term of this
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective heirs, legatees, legal representatives, successors,
transferees and assigns.

 

Notice

Any notice required or permitted under this Agreement shall be given in writing
(including electronically pursuant to procedures the Administrator may
establish) and shall be deemed effectively given upon the earliest of personal
delivery, receipt or the third full day following mailing with postage and fees
prepaid, addressed to the other party hereto at the address last known in the
Company’s records or at such other address as such party may designate by ten
(10) days’ advance written notice to the other party hereto.

 

Applicable Law

This Agreement will be interpreted and enforced under the laws of the State of
California (without regard to their choice-of-law provisions).

 

Venue

For purposes of any action, lawsuit or other proceedings brought to enforce this
Agreement, relating to it, or arising from it, the parties hereby submit to and
consent to the sole and exclusive jurisdiction in the courts of Santa Clara
County, California, or the federal courts for the United States for the Northern
District of California, and no other courts, where this grant is made and/or to
be performed.

 

Nature of Grant

In accepting the grant, you acknowledge, understand and agree that: (i) the Plan
is established voluntarily by the Company, it is discretionary in nature and it
may be modified, amended, suspended or terminated by the Company at any time, to
the extent permitted by the Plan; (ii) the grant of an option is voluntary and
occasional and does not in any way create any contractual or other right to
receive additional grants of options (or benefits in lieu of options) at any
time or in any amount, even if options have been granted in the past; (iii) all
determinations with respect to any additional grants, including (without
limitation) the times when options will be granted, the number of Shares subject
to the options, the exercise price and the vesting schedule, will be at the sole
discretion of the Company; (iv) you are voluntarily participating in the Plan;
(v) your Option and the Shares subject to the Option are not intended to replace
any pension rights or compensation; (vi) your Option and the Shares subject to
the Option, and the income and value of same, are extraordinary items of
compensation outside the scope of your employment or service contract, if any,
and shall not be considered a part of your normal or expected compensation for
purposes of calculating any severance, resignation, termination, redundancy,
dismissal, end-of-service payments, bonuses, long-service awards, pension or
retirement or

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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  welfare benefits or similar payments; (vii) the future value of the underlying
Shares is unknown, indeterminable and cannot be predicted with certainty;
(viii) if the underlying Shares do not increase in value, the Option will have
no value; (ix) if you exercise the Option and acquire Shares, the value of such
Shares may increase or decrease in value, even below the exercise price; (x) no
claim or entitlement to compensation or damages shall arise from forfeiture of
your Option resulting from the termination of your Service (for any reason
whatsoever, whether or not later found to be invalid or in breach of employment
laws in the jurisdiction where you render Service or the terms of your
employment agreement or service contract, if any), and in consideration of the
grant of the Option to which you are otherwise not entitled, you irrevocably
agree never to institute any claim against the Company, the Employer and/or any
Parent, Subsidiaries or any “Affiliate” (which, for purposes of this Agreement
shall mean any entity other than a Subsidiary, if the Company and/or one or more
Subsidiaries own not less than 50% of such entity), waive your ability, if any,
to bring any such claim, and release the Company, the Employer and/or any
Parent, Subsidiaries or Affiliates from any such claim; if, notwithstanding the
foregoing, any such claim is allowed by a court of competent jurisdiction, then,
by participating in the Plan, you shall be deemed irrevocably to have agreed not
to pursue such claim and agree to execute any and all documents necessary to
request dismissal or withdrawal of such claim; (xi) for purposes of the Option,
your Service relationship will be considered terminated as of the date you are
no longer actively providing Services to the Company and/or its Parent,
Subsidiaries or Affiliates (regardless of the reason for such termination and
whether or not later found to be invalid or in breach of employment laws in the
jurisdiction where you render Service or the terms of your employment agreement
or service contract, if any), and unless otherwise expressly provided in this
Agreement or determined by the Administrator, (a) your right to vest in the
Option under the Plan, if any, will terminate as of such date and will not be
extended by any notice period mandated under local law (e.g., your period of
Service would not include any “garden leave” or similar period mandated under
local law); and (b) the period (if any) during which you may exercise the Option
after such termination of your Service relationship will commence on such date
and will not be extended by any notice period mandated under local law;
(xii) unless otherwise provided in the Plan or by the Administrator in its
discretion, your Option and the benefits evidenced by this Agreement do not
create any entitlement to have your Option or any such benefits transferred to,
or assumed by, another company nor to be exchanged, cashed out or substituted
for, in connection with any corporate transaction affecting the Shares; and
(xiii) the following provisions apply only if you are providing Services outside
the United States: (a) the Option and the Shares subject to the Option, and the
income and value of same, are not part of normal or expected

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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  compensation or salary for any purpose; and (b) neither the Company, the
Employer nor any Parent, Subsidiary or Affiliate shall be liable for any foreign
exchange rate fluctuation between your local currency and the U.S. Dollar that
may affect the value of your Option or of any amounts due to you pursuant to the
exercise of the Option or the subsequent sale of any Shares acquired upon
exercise.

 

No Advice Regarding Grant

The Company is not providing any tax, legal or financial advice, nor is the
Company making any recommendations regarding your participation in the Plan, or
your acquisition or sale of the underlying Shares. You are hereby advised to
consult with your own personal tax, legal and financial advisors regarding your
participation in the Plan before taking any action related to the Plan.

 

Data Privacy

You hereby explicitly and unambiguously consent to the collection, use and
transfer, in electronic or other form, of your personal data as described in
this Agreement and any other Option grant materials (“Data”) by and among, as
applicable, the Employer, the Company, its Parent, Subsidiaries and Affiliates
for the exclusive purpose of implementing, administering and managing your
participation in the Plan.

 

  You understand that the Company and the Employer may hold certain personal
information about you, including, but not limited to, your name, home address,
telephone number, date of birth, social insurance number or other identification
number, salary, nationality, job title, any shares of stock or directorships
held in the Company, details of all Options or any other entitlement to shares
of stock awarded, canceled, exercised, vested, unvested or outstanding in your
favor, for the exclusive purpose of implementing, administering and managing the
Plan.

 

  You understand that Data may be transferred to any broker as designated by the
Company, or such other stock plan service provider as may be selected by the
Company in the future, which is assisting the Company with the implementation,
administration, and management of the Plan. You understand that the recipients
of the Data may be located in the United States or elsewhere, and that the
recipients’ country (e.g., the United States) may have different data privacy
laws and protections than your country. You understand that you may request a
list with the names and addresses of any potential recipients of the Data by
contacting your local human resources representative. You authorize the Company
and any other possible recipients which may assist the Company (presently or in
the future) with implementing, administering and managing the Plan to receive,
possess, use, retain and transfer the Data, in electronic or other form, for the
sole purpose of implementing, administering and

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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  managing your participation in the Plan. You understand that Data will be held
only as long as is necessary to implement, administer and manage your
participation in the Plan. You understand that you may, at any time, view Data,
request additional information about the storage and processing of Data, require
any necessary amendments to Data or refuse or withdraw the consents herein, in
any case without cost, by contacting in writing your local human resources
representative. Further, you understand that you are providing the consents
herein on a purely voluntary basis. If you do not consent, or if you later seek
to revoke your consent, your employment status or Service and career with the
Employer will not be adversely affected; the only adverse consequence of
refusing or withdrawing your consent is that the Company would not be able to
grant you Options or other equity awards or administer or maintain such awards.
Therefore, you understand that refusing or withdrawing your consent may affect
your ability to participate in the Plan. For more information on the
consequences of your refusal to consent or withdrawal of consent, you understand
that you may contact your local human resources representative.

 

Insider Trading Restrictions/Market Abuse Laws

You acknowledge that, depending on your country, you may be subject to insider
trading restrictions and/or market abuse laws, which may affect your ability to
acquire or sell Shares or rights to Shares under the Plan during such times as
you are considered to have “inside information” regarding the Company (as
defined by the laws in your country). Any restrictions under these laws or
regulations are separate from and in addition to any restrictions that may be
imposed under any applicable Company insider trading policy. You acknowledge
that it is your responsibility to comply with any applicable restrictions, and
you are advised to speak to your personal advisor on this matter.

 

Language

If you have received this Agreement or any other document relating to the Plan
translated into a language other than English and if the meaning of the
translated version is different than the English version, the English version
will control.

 

Severability

The provisions of this Agreement are severable and if any one or more provisions
are determined to be illegal or otherwise unenforceable, in whole or in part,
the remaining provisions shall nevertheless be binding and enforceable.

 

Waiver

You acknowledge that a waiver by the Company of breach of any provision of this
Agreement shall not operate or be construed as a waiver of any other provision
of this Agreement, or of any subsequent breach of this Agreement.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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Appendix

Notwithstanding any provisions in this Agreement, the Option grant shall be
subject to any special terms and conditions set forth in any appendix to this
Agreement for your country (the “Appendix”). Moreover, if you relocate to one of
the countries included in the Appendix, the special terms and conditions for
such country will apply to you; to the extent the Company determines that the
application of such terms and conditions is necessary or advisable for legal or
administrative reasons. The Appendix constitutes part of this Agreement.

 

Imposition of Other Requirements

The Administrator reserves the right to impose other requirements on your
participation in the Plan, on the Option and on any Shares acquired under the
Plan, to the extent the Administrator determines it is necessary or advisable
for legal or administrative reasons, and to require you to sign any additional
agreements or undertakings that may be necessary to accomplish the foregoing.

 

The Plan and Other Agreements

The text of the Plan is incorporated in this Agreement by reference. All
capitalized terms not otherwise defined in this Agreement shall have the
meanings assigned to them in the Plan and the Notice. The Notice, this Agreement
(which, for the avoidance of doubt, includes any special terms and conditions
for your country in the Appendix attached hereto), and the Plan constitute the
entire understanding between you and the Company regarding this Option. Any
prior agreements, commitments, or negotiations concerning this Option are
superseded. This Agreement may be amended by the Administrator without your
consent; however, if any such amendment would materially impair your rights or
obligations under the Agreement, this Agreement may be amended only by another
written agreement, signed by you and the Company.

BY SIGNING THE NOTICE,

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS

DESCRIBED IN THE NOTICE, THIS AGREEMENT AND IN THE PLAN.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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APPENDIX TO

STOCK OPTION AGREEMENT

This Appendix includes additional terms and conditions that govern the Option
granted to you if you reside in one of the countries listed herein. This
Appendix forms part of the Agreement. These terms and conditions are in addition
to, or if so indicated, in place of, the terms and conditions in the Agreement.

This Appendix also includes information regarding exchange controls, securities
laws, and certain other issues of which you should be aware with respect to your
participation in the Plan. The information is based on the exchange control,
securities laws, and other laws in effect in the respective countries as of July
2014. Such laws are often complex and change frequently. As a result, the
Company strongly recommends that you not rely on the information noted herein as
the only source of information relating to the consequences of your
participation in the Plan because the information may be out of date at the time
you exercise your Option or when you sell the Shares acquired under the Plan.

In addition, the information contained herein is general in nature and may not
apply to your particular situation, and the Company is not in a position to
assure you of any particular result. Accordingly, you are advised to seek
appropriate professional advice as to how the relevant laws in your country may
apply to your situation.

Finally, you understand that if you are a citizen or resident of a country other
than the one in which you are currently working, transfer employment after the
Grant Date, or are considered a resident of another country for local law
purposes, the information contained herein may not apply to you. The Company
shall, in its discretion, determine to what extent the terms and conditions
contained herein shall apply to you under these circumstances.

FRANCE

Terms and Conditions

Consent to Receive Information in English. By accepting the grant, you confirm
having read and understood the documents relating to this grant (the Plan and
the Agreement) which were provided in the English language. You accept the terms
of those documents accordingly.

Consentement relatif à l’utilisation de la langue anglaise. En acceptant
l’attribution, vous confirmez ainsi avoir lu et compris les documents relatifs à
cette attribution (le Plan et ce Contrat) qui ont été communiqués en langue
anglaise. Vous en acceptez les termes en connaissance de cause.

Notifications

Tax Information. The Option is not intended to be a French tax-qualified Option.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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Exchange Control Information. If you hold Shares outside of France or maintain a
foreign bank account, you are required to report such to the French tax
authorities when filing your annual tax return.

GERMANY

Notifications

Exchange Control Information. Cross-border payments in excess of €12,500 must be
reported electronically each month to the German Federal Bank. If you make or
receive a payment in excess of this amount, you are responsible for obtaining
the appropriate form from a German federal bank and complying with applicable
reporting requirements.

INDIA

Terms and Conditions

Form of Payment. Notwithstanding anything to the contrary in the Form of Payment
section of the Agreement, due to legal restrictions in India, you will not be
permitted to pay the Option exercise price by: (1) transferring Shares to the
Company or (2) a “sell-to-cover” exercise such that part of the Shares that are
issued to you when you exercise this Option will be sold immediately upon
exercise and the proceeds of sale will be delivered to the Company to cover the
aggregate Option exercise price and any Tax-Related Items. The Company reserves
the right to provide you with these methods of payment depending on the
development of local law.

Notifications

Exchange Control Information. Indian residents are required to repatriate any
proceeds from the sale of Shares and any cash dividends received in relation to
the Shares to India within 90 and 180 days of receipt, respectively. Upon
repatriation, you will receive a foreign inward remittance certificate (“FIRC”)
from the bank where you deposit the foreign currency and you should maintain the
FIRC as evidence of the repatriation of funds in the event the Reserve Bank of
India or the Employer requests proof of repatriation. It is your responsibility
to comply with applicable exchange control laws in India.

Foreign Account / Assets Reporting Information. Indian residents are required to
declare the following items in their annual tax return: (i) any foreign assets
held by them (including Shares acquired under the Plan), and (ii) any foreign
bank accounts for which they have signing authority. It is your responsibility
to comply with applicable foreign asset tax laws in India and you should consult
with your personal tax advisor to ensure that you are properly reporting your
foreign assets and bank accounts.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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JAPAN

Notifications

Exchange Control Information. If you acquire Shares valued at more than
¥100,000,000 in a single transaction, you must file a Report Concerning
Acquisition of Shares (“Securities Acquisition Report”) with the Ministry of
Finance (“MOF”) through the Bank of Japan within 20 days of the acquisition. In
addition, if you pay more than ¥30,000,000 in a single transaction for the
purchase of Shares, you must file a Payment Report with the MOF (through the
Bank of Japan or the bank carrying out the transaction) by the 20th day of the
month following the month in which the payment was made. The precise reporting
requirements vary depending on whether the payment is made through a bank in
Japan.

A Payment Report is required independently of a Securities Acquisition Report.
Consequently, if the total amount you pay on a one-time basis to exercise this
Option exceeds ¥100,000,000, you must file both a Payment Report and a
Securities Acquisition Report.

Foreign Account / Assets Reporting Information. You are required to report
details of any assets held outside Japan as of December 31 (including Shares
acquired under the Plan), to the extent such assets have a total net fair market
value exceeding ¥50 million. Such report will be due by March 15 each year. You
should consult with your personal tax advisor to determine if the reporting
obligation applies to you and whether you will be required to include details of
your outstanding Options, as well as Shares, in the report.

KOREA

Notifications

Exchange Control Information. To remit funds out of Korea in order to pay the
exercise price by cash or check, you must obtain a confirmation of the
remittance by a foreign exchange bank in Korea. This is an automatic procedure,
(i.e., the bank does not need to approve the remittance and the process should
not take more than a single day.) You likely will need to present to the bank
processing the transaction supporting documentation evidencing the nature of the
remittance.

In addition, if you receive U.S. $500,000 or more from the sale of Shares in a
single transaction, Korean exchange control laws require you to repatriate the
proceeds to Korea within 18 months of the sale.

Foreign Account / Assets Reporting Information. If you are a Korean resident,
you must declare all of your foreign financial accounts (i.e., non-Korean bank
accounts, brokerage accounts, etc.) to the Korean tax authority and file a
report with respect to such accounts if the value of such accounts exceeds KRW 1
billion (or an equivalent amount in foreign currency). You should consult with
your personal tax advisor to determine your personal reporting obligations.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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TAIWAN

Notifications

Exchange Control Information. You may acquire and remit foreign currency
(including the proceeds from the sale of Shares) up to U.S. $5,000,000 per year
without justification.

If the transaction amount is TWD 500,000 or more in a single transaction, you
must submit a Foreign Exchange Transaction Form. If the transaction amount is
U.S. $500,000 or more in a single transaction, you must also provide supporting
documentation to the satisfaction of the remitting bank.

UNITED KINGDOM

Terms and Conditions

Withholding Taxes. The following provision supplements the “Withholding Taxes
and Stock Withholding” section of the Agreement:

If payment or withholding of the income tax liability is not made within 90 days
of the event giving rise to the income tax liability (the “Taxable Event”) or,
if the Taxable Event occurs on or after April 6, 2014, within 90 days after the
end of the U.K. tax year in which the Taxable Event occurs, or such other period
specified in Section 222(1)(c) of the United Kingdom Income Tax (Earnings and
Pensions) Act 2003 (the “Due Date”), the amount of any uncollected income tax
will constitute a loan owed by you to the Employer, effective on the Due Date.
You agree that the loan will bear interest at the then-current Official Rate of
Her Majesty’s Revenue and Customs (“HMRC”), it will be immediately due and
repayable, and the Company or the Employer may recover it at any time thereafter
by any of the means referred to in the Withholding Taxes and Stock Withholding
section of the Agreement. Notwithstanding the foregoing, if you are a director
or executive officer of the Company (within the meaning of Section 13(k) of the
Exchange Act), you will not be eligible for such a loan to cover the income tax
due. In the event that you are a director or executive officer and the income
tax is not collected from or paid by you by the Due Date, the amount of any
uncollected income tax may constitute a benefit to you on which additional
income tax and employee national insurance contributions (“NICs”) may be
payable. You will be responsible for reporting and paying any income tax and
employee NICs, due on this additional benefit directly to HMRC under the
self-assessment regime and for reimbursing the Company and/or the Employer (as
applicable) the value of any employee NICs due on this additional benefit, which
the Company or the Employer may recover at any time thereafter by any of the
means referred to in the Withholding Taxes and Stock Withholding section of the
Agreement.

 

IKANOS COMMUNICATIONS, INC.

STOCK OPTION AGREEMENT

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IKANOS COMMUNICATIONS, INC.

2014 STOCK INCENTIVE PLAN

NOTICE OF CASH EXERCISE OF STOCK OPTION FOR OPTIONEES

OPTIONEE INFORMATION:

Name:   

 

   Social Security/ID Number:   

 

Address:   

 

   Employee Number:   

 

 

OPTION INFORMATION:

Date of Grant:                          , 20        

      Type of Stock Option:

Exercise Price per Share: $            

   ¨      Nonstatutory (NSO) Total number of Shares of IKANOS COMMUNICATIONS,
INC. (the “Company”) covered by option:                         ¨      Incentive
(ISO)

Number of Shares of the Company for which option is being exercised now:
             (“Purchased Shares”).

Total exercise price for the Purchased Shares: $             

Form of payment enclosed:

 

¨      Check for $            , payable to “IKANOS COMMUNICATIONS, INC.”

 

Name(s) in which the Purchased Shares should be registered:   

 

  

 

The certificate for the Purchased Shares should be sent to the following
address:  

 

 

 

 

 

 

 

ACKNOWLEDGMENTS:

 

1. I understand that all sales of Purchased Shares are subject to compliance
with the Company’s policy on securities trades.

 

2. I hereby acknowledge that I received and read a copy of the prospectus
describing the Company’s 2014 Stock Incentive Plan and the tax consequences of
an exercise for my country.

 

3. In the case of a nonstatutory option, I understand that I must recognize
ordinary income equal to the spread between the fair market value of the
Purchased Shares on the date of exercise and the exercise price. I further
understand that I am required to pay withholding taxes at the time of exercising
a nonstatutory option.

 

4. In the case of an incentive stock option, I agree to notify the Company if I
dispose of the Purchased Shares before I have met both of the tax holding
periods applicable to incentive stock options (that is, if I make a
disqualifying disposition).

 

SIGNATURE AND DATE:  

 

 

                 , 20    

 

IKANOS COMMUNICATIONS, INC.

NOTICE OF EXERCISE

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