Exhibit 10.7

FIRST AMENDMENT TO LEASE


THIS FIRST AMENDMENT TO LEASE (this
“First Amendment”) is made as of October 15, 2015, by and between JBGCOM SUNNYVALE INVESTORS, LLC, a Delaware limited liability company (“Landlord”), and ALLIANCE FIBER OPTIC PRODUCTS,
INC., a Delaware corporation
(“Tenant”).

RECITALS 

A. Landlord and Tenant are now parties to that certain Standard Office
Lease dated as of June 2, 2010 (the “Lease”). Pursuant to the Lease, Tenant
leases certain premises consisting of approximately 18,088 rentable square feet
(“Premises”) in a building located at 275 Gibraltar, Sunnyvale, California. The
Premises are more particularly described in the Lease. Capitalized terms used
herein without definition shall have the meanings defined for such terms in the
Lease. 

B. Landlord and Tenant desire, subject to the terms and conditions set forth
below, to amend the Lease to, among other things, extend the Term through July
31, 2017 (“First Amendment Expiration
Date”).

NOW, THEREFORE, in consideration of the foregoing Recitals, which are
incorporated herein by this reference, the mutual promises and conditions
contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree
as follows: 

	1.	     	Term. The Term of the Lease is hereby extended through the
      First Amendment Expiration Date. Tenant’s occupancy of the Premises
      through the First Amendment Expiration Date shall be on an “as-is” basis
      and Landlord shall have no obligation to provide any tenant improvement
      allowance or to make any alterations to the Premises.
	 
	2.		Basic
      Rental. Tenant shall continue
      paying Monthly Basic Rental through January 31, 2016, as provided in the
      Lease. Commencing on February 1, 2016, through the First Amendment
      Expiration Date, Tenant shall pay Monthly Basic Rental (in addition to any
      additional amounts due under the Lease) in the amount of $31,654.00 per
      month. Notwithstanding anything to the contrary contained herein, so long
      as no Event of Default has occurred under the Lease, Tenant shall not be
      required to pay Base Rent for the period commencing February 1, 2016,
      through February 29, 2016.
	 
	3.		Direct Costs
      Cap. Commencing on February 1,
      2016, Article 3(f) of the Lease is hereby deleted in its entirety and is
      null and void and of no further force or effect. Notwithstanding anything
      to the contrary contained in the Lease, Tenant’s Proportionate Share of
      Direct Costs for the period commencing on February 1, 2016, through the
      First Amendment Expiration Date shall be capped at $7.375 per rentable
      square foot of the Premises per year.
	 
	4.		Option to
      Extend. As of the date of this
      First Amendment, Article 31
      of the Lease is hereby deleted in its
      entirety and is null and void and of no further force or effect, and
      Tenant shall have no further right to extend the Term of the
    Lease.
	 
	5.		Disclosure. For purposes of
      Section 1938 of the California Civil Code, as of the date of this First
      Amendment, Tenant acknowledges having been advised by Landlord that the
      Project has not been inspected by a certified access
  specialist.
	 
	6.		OFAC. Tenant, and all beneficial owners of Tenant, are
      currently (a) in compliance with and shall at all times during the Term of
      the Lease remain in compliance with the regulations of the Office of
      Foreign Assets Control (“OFAC”) of the U.S. Department of
      Treasury and any statute, executive order, or regulation relating thereto
      (collectively, the “OFAC
      Rules”), (b) not listed on, and shall
      not during the Term of the Lease be listed on, the Specially Designated
      Nationals and Blocked Persons List maintained by OFAC and/or on any other
      similar list maintained by OFAC or other governmental authority pursuant
      to any authorizing statute, executive order, or regulation, and (c) not a
      person or entity with whom a U.S. person is prohibited from conducting
      business under the OFAC Rules.


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	7.	     	Brokers. Landlord and Tenant each represents and warrants that
      it has not dealt with any broker, agent or other person (“Broker”) in
      connection with the transaction reflected in this First Amendment and that
      no Broker brought about this transaction, other than CBRE, Inc., and
      Colliers International. Landlord and Tenant each hereby agrees to
      indemnify and hold the other harmless from and against any claims by any
      Broker, other than CBRE, Inc. and Colliers International, claiming a
      commission or other form of compensation by virtue of having dealt with
      Tenant or Landlord, as applicable, with regard to this First
      Amendment.
	 
	8.		Miscellaneous.
	 
			a. This First
      Amendment is the entire agreement between the parties with respect to the
      subject matter hereof and supersedes all prior and contemporaneous oral
      and written agreements and discussions. This First Amendment may be
      amended only by an agreement in writing, signed by the parties
      hereto.
	 
			b. This First
      Amendment is binding upon and shall inure to the benefit of the parties
      hereto, and their respective successors and assigns.
	 
			c. This First
      Amendment may be executed in any number of counterparts, each of which
      shall be deemed an original, but all of which when taken together shall
      constitute one and the same instrument. The signature page of any
      counterpart may be detached therefrom without impairing the legal effect
      of the signature(s) thereon provided such signature page is attached to
      any other counterpart identical thereto except having additional signature
      pages executed by other parties to this First Amendment attached
      thereto.
	  
			d. Signatures of
      this First Amendment transmitted via electronic mail (*.pdf or similar
      file types) shall be valid and effective to bind the party so signing.
      Tenant agrees to promptly deliver to Landlord an execution original to
      this First Amendment with its actual signature, but a failure by Tenant to
      do so shall not affect the enforceability of this First Amendment, it
      being expressly agreed that each party to this First Amendment shall be
      bound by its own electronically mailed signature in all instances and
      shall accept the electronically mailed signature of the other party to
      this First Amendment.
	  
			e. Except as
      amended and/or modified by this First Amendment, the Lease is hereby
      ratified and confirmed and all other terms and provisions of the Lease
      shall remain in full force and effect, unaltered and unchanged by this
      First Amendment. In the event of any conflict between the terms and
      provisions of this First Amendment and the terms and provisions of the
      Lease, the terms and provisions of this First Amendment shall prevail.
      Whether or not specifically amended by this First Amendment, all of the
      terms and provisions of the Lease are hereby amended to the extent
      necessary to give effect to the purpose and intent of this First
      Amendment.


[Signatures are on the next
page]

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IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of
the day and year first above written. 

	LANDLORD:	JBGCOM
      SUNNYVALE INVESTORS, LLC,
		a Delaware limited
      liability company
	  
		By:      	CBRE Global Investors
      Creative Office
	 		Investments,
  LLC,
	 	 	a Delaware limited
      liability company
			Its Member
	 
	 
			By:	/s/
      Derek Landry
			Name:   	Derek Landry
			Title:	Authorized Signatory
	 
	 
	 
	TENANT:	ALLIANCE
      FIBER OPTIC PRODUCTS, INC.,
		a Delaware
      corporation
	 
	 
		By:	/s/ Peter Chang
		Its:	



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