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| x    | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) |

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|--------------------------|---------------------------------------------|
|      | OF THE SECURITIES EXCHANGE ACT OF 1934  |

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|--------|--------------------------------------------------------|
| ¨ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) |

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|--------------------------|---------------------------------------------|
|      | OF THE SECURITIES EXCHANGE ACT OF 1934  |

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|                                                                |  |
| Delaware                                                       | 51-0300558 |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| 3333 Susan Street                                              |   |
| Costa Mesa, California                                         | 92626 |
| (Address of principal executive offices)                       | (Zip Code) |

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|-----------------------------------------|
|                                         |  |
| Title of Each Class                     | Name of Each Exchange on Which Registered |
| Common Stock, Par Value $0.10 Per Share | New York Stock Exchange |

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |
| Large accelerated filer   x | Accelerated filer  ¨ | Non-accelerated filer  ¨ | Smaller reporting company  ¨ |
|                                            |   | (Do not check if a smaller reporting company) |   |

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|          |
|----------|
|          |  |  |
|     |   | Page |
| Part III | 5 |
|     | Item 10. Directors, Executive Officers and Corporate Governance | 5 |
|     | Item 11. Executive Compensation | 10 |
|     | Item 12. Security Ownership of Certain Beneficial Owners and Management | 33 |
|     | Item 13. Certain Relationships and Related Transactions, and Director Independence | 35 |
|     | Item 14. Principal Accountant Fees and Services | 36 |
| Part IV  | 38 |
|     | Item 15. Exhibits and Financial Statement Schedules | 38 |
|     | Signatures | 39 |

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|               |                                                               |
|---------------|---------------------------------------------------------------|
| Item 10. | Directors, Executive Officers, and Corporate Governance.  |

|                           |
|---------------------------|
|                           |  |  |  |  |
| Name                      |   | Position |   | Age |
| James M. McCluney(1)      |   | Executive Chairman |   | 62 |
| Jeffrey W. Benck(2)       |   | President and Chief Executive Officer |   | 48 |
| Michael J. Rockenbach (3) |   | Executive Vice President, Chief Financial Officer, Secretary, and Treasurer |   | 53 |
| Margaret A. Evashenk (4)  |   | Senior Vice President, Chief Development Executive |   | 47 |
| Jeffrey L. Hoogenboom(4)  |   | Senior Vice President, Worldwide Sales |   | 48 |
| Randall G. Wick (5)       |   | Senior Vice President, General Counsel |   | 60 |

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|                                   |
|-----------------------------------|
|                                   |  |  |  |  |
| Name                              |   | Position |   | Age |
| Jeffrey W. Benck(4)               |   | President, Chief Executive Officer, and Director |   | 48 |
| Gregory S. Clark                  |   | Director |   | 48 |
| Michael P. Downey(2)(3) |   | Director |   | 66 |
| Bruce C. Edwards(1)(2)            |   | Director |   | 59 |
| Paul F. Folino                    |   | Director |   | 68 |
| Eugene J. Frantz                  |   | Director |   | 47 |
| Robert H. Goon(2)(3)              |   | Director |   | 72 |
| Beatriz V. Infante(1)(2)          |   | Director |   | 58 |
| Don M. Lyle(1)(2)                 |   | Director |   | 74 |
| James M. McCluney(5)              |   | Executive Chairman and Chairman of the Board |   | 62 |
| Nersi Nazari(2)                   |   | Director |   | 54 |
| Dean A. Yoost(2)(3)               |   | Director |   | 63 |

|     |                                                                 |
|-----|-----------------------------------------------------------------|
| (1) | Member of the Compensation Committee of the Board of Directors. |

|     |                                                                                    |
|-----|------------------------------------------------------------------------------------|
| (2) | Member of the Nominating/Corporate Governance Committee of the Board of Directors. |

|     |                                                          |
|-----|----------------------------------------------------------|
| (3) | Member of the Audit Committee of the Board of Directors. |

|     |                                                                                                                                                                                |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Mr. Benck was appointed Chief Executive Officer of Emulex in July 2013, and in connection therewith, resigned as Chief Operating Officer, but retained the title of President. |

|     |                                                                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5) | Mr. McCluney was appointed Executive Chairman of Emulex and Chairman of the Board of Emulex in July 2013, and in connection therewith, resigned as Chief Executive Officer. |

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|----------|------------------------------|
| Item 11. | Executive Compensation.  |

|         |                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | No Changes to Base Salary - For the second year in a row, we did not give merit increases in base salary driven mainly by our desire to maintain base salaries at the 50th percentile relative to our peer group for 2013, and a desire to emphasize those elements of compensation that are more directly related to Emulex’s performance and changes in stockholder value. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Aligning Pay for Performance - Our pay for performance programs continued to include both short and long-term incentives.  In fiscal 2013, we continued our emphasis on performance-based compensation.  On average, approximately 58% of total direct compensation paid to our Named Executive Officers in fiscal 2013 consisted of either equity awards for which the ultimate economic value to the officers depends on performance against a peer group and/or the future performance of our stock, or cash compensation tied to performance against specific revenue and operating income targets. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ◦ | Performance-Based Cash Compensation.  Because Emulex did not achieve many of its revenue and operating income targets in 2013, our executive officers experienced, on average, a 17% decrease in performance-based cash compensation under our executive incentive compensation plan as compared to 2012, including an $88,451 decrease in performance-based cash compensation of our Chief Executive Officer. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ◦ | Performance-Based Equity Compensation.  In light of our focus on longer term incentives, the fiscal 2013 awards for the performance-based equity grants are based on performance over the fiscal 2013-fiscal 2014 period. These grants provide executives an opportunity to receive up to 30% of the target grant in the first year if Emulex achieves median performance against the performance of our peer companies. In fiscal 2013, |

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|         |                                                                                                                                                                                                                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Competitive Pay Position - Our target competitive position for total cash compensation remained at the 50th percentile of compensation paid to similarly situated executive officers of the companies in our compensation peer group. Our target total direct compensation for 2013 was also at the 50th percentile of our compensation peer group. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Emphasis on Equity Awards Tied Directly to Performance Relative to Peer Companies - Consistent with our ongoing efforts to align pay for performance, we continue to emphasize equity awards granted to certain of our executive officers that are tied directly to achievement of specific financial targets. In 2013, a total of 50% of the equity-based awards of our Chief Executive Officer, and 30% of our equity-based awards for our President and Chief Operating Officer and our Executive Vice President and Chief Financial Officer, were designated as “performance-based shares.” These performance-based shares were awarded to these executive officers based on the percentage of Emulex’s revenue growth and adjusted operating income growth for fiscal 2013 over fiscal 2012 compared to the percentage of revenue growth and adjusted operating income growth of certain designated peer companies over the same period.  The metric we use in our award of performance-based shares is a different metric from the one used to calculate cash incentive payments, which is based on Emulex’s own internal operating plan. We believe this is an important distinction as our short term cash incentive plan is solely based upon our internally generated forecast while our long term performance equity awards are solely based upon our relative performance compared to our peer companies. As a result, the performance equity awards focus on long-term performance and could yield little to no award if such performance is significantly below that of our competitive peer group, regardless of Emulex’s performance against its internal operating plan. In the case of our Chief Executive Officer, award of a portion of the performance-based shares was also tied to the percentage growth of our stock price as compared to the stock price of our designated peer companies. In order to reflect our focus on longer-term performance objectives, the equity awards were contingent on Emulex's performance over the two-year period of fiscal 2013-fiscal 2014, with an opportunity for an award in the first year, up to 30% of target, if the company performs at or above the median of comparator companies. Any grant awarded in the first year is subtracted from the final award in the second year. For fiscal 2014, the percentage of the targeted amount of performance-based shares granted to each of these executive officers will range from 150% of the targeted performance-based shares if our total revenues placed us at or above 75th percentile relative to our peer companies, down to 0% of the targeted amount if our total revenues place us below the 25th percentile relative to our peer companies. |

|         |                                                                                                                                                                                                                                                                                                                                        |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Cash Incentive Payments Tied to Performance Relative to Operating Plan - Our executive incentive compensation plan is designed to focus our leadership team on the achievement of both company-wide and individual accomplishments that contribute to the creation of stockholder value.  In fiscal 2013, we used revenue and non-GAAP |

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|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Limited Personal Benefits - We continue to maintain very limited perquisites for our Named Executive Officers with these officers generally participating in the same benefit plans as our other employees.  We do not grant accrual for paid time off for our Named Executive Officers. Instead, such officers were allowed to take time off with pay at management’s discretion, subject to fulfilling performance expectations, which is our general policy for all executives. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Ownership Guidelines - The Compensation Committee believes in linking the interests of management and stockholders and as a result, the Board maintains stock ownership guidelines for our executive officers that specify a value, in dollars, of shares the executive officers must accumulate and hold within five years after they have taken their appointment or promotion as an executive officer, or December 24, 2010, the initial adoption of this guideline. While our guidelines call for ownership of equity equal to the officers’ annualized base salary, as a group, our Chief Executive Officer and other Named Executive Officers have average holdings in excess of three years base salary in Emulex stock. While not restricted from selling these additional holdings under our existing guidelines, we believe this level of typical holding by our named executive officers is strongly aligned with our stockholders. The Compensation Committee plans to continue to review the ownership guidelines for our Named Executive Officers on an annual basis to determine if any changes are warranted based on the actual stock holdings of our Named Executive Officers. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | No Merit-Based Changes to Base Salary - For 2014, after considering a number of factors, including the fact that we did not provide base salary increases to our executive officers in 2012 and 2013, we did provide a modest increase to the base salaries of our executive officers of between 2% - 2.5% in order to address the effects of inflation. We believe that providing for modest changes to the base salaries of our executive officers is appropriate in light of Emulex's performance in 2013 and is consistent with our desire to emphasize those elements of compensation that are directly related to our company’s performance and changes in stockholder value. In addition, the promotion of Mr. Benck to Chief Executive Officer at the beginning of fiscal 2014 resulted in a corresponding increase in his 2014 base salary as compared to 2013. Mr. Benck's 2014 base salary as Chief Executive Officer is $510,000, which is 14% lower than Mr. McCluney's 2013 base salary and below the 50th percentile relative to our peer group for 2014. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Cash Incentive Targets Set for First Two Quarters - In establishing the quarterly company performance targets for the cash incentive plan in fiscal 2014, the Committee considered a number of factors including setting challenging but achievable objectives to foster growth in the Company’s revenue and operating income performance, as well as the impact of possible events in the first half of the fiscal year which could impact performance in the second half of the year. After taking these factors into consideration, the Compensation Committee established performance targets only for the first two quarters of fiscal 2014 and expects to establish targets for the remainder of the year later in fiscal 2014. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Continued Emphasis on Equity Awards Tied Directly to Performance - For 2014, we continued our emphasis on having the compensation of our Chief Executive Officer tied directly to achievement of specific financial targets. A total of 40% of the equity-based awards granted to our Chief Executive Officer with respect to fiscal 2014 will be designated as “performance-based shares.” This represents a decrease from the previous Chief Executive Officer's percentage of performance-based equity awards of 50%, and an increase over Mr. Benck's percentage of performance-based equity awards of 30% in fiscal 2013. The Committee believes that 40% is appropriate in light of Mr. Benck’s |

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|         |                |
|---------|----------------|
| ◦ | Revenue growth |

|         |                                  |
|---------|----------------------------------|
| ◦ | Adjusted operating income growth |

|         |                          |
|---------|--------------------------|
| ◦ | Total stockholder return |

|         |                                          |
|---------|------------------------------------------|
| • | align company and stockholder interests; |

|         |                               |
|---------|-------------------------------|
| • | pay for performance; and |

|         |                                                  |
|---------|--------------------------------------------------|
| • | recruit, retain and motivate exceptional talent. |

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|         |                                                                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | the award of performance-based shares to our Chief Executive Officer is tied directly to operational business results and total stockholder return for more than one year, rather than individual performance. There is no positive discretion allowed by management or the Board in calculating these awards; |

|         |                                                                                                                                                                                                                                                                                                                                                          |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | the awards of performance-based shares to our President and Chief Operating Officer and Executive Vice President and Chief Financial Officer are tied directly to operational business results for more than one year rather than individual performance. There is no positive discretion allowed by management or the Board in calculating such awards; |

|         |                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------|
| • | the ultimate benefit provided by our long term incentive plan is based purely on the performance of our stock; |

|         |                                                                                                                                                |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------|
| • | our executives are required to maintain an investment in our stock, which helps align their economic interests with those of our stockholders; |

|         |                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | our cash incentive program is capped, which limits any disproportionate increases in payouts in order to minimize excessive risk taking by our executive officers; |

|         |                                                                                                                                      |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|
| • | our performance metrics are counter-balanced so that achieving one metric at the cost of another does not result in a higher payout; |

|         |                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • |  recommendations for changes to our executive compensation programs are made only after a collaborative process involving our finance, tax, legal and human resources employees and advisors, as well as input from our compensation consultant, in order to ensure diversity of thought and overall consensus; |

|         |                                                                                                                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | we maintain the competitiveness of our compensation by comparing our compensation plans with those of comparable peer companies and annually monitoring and evaluating our plans against executive compensation trends and survey data; |

|         |                                                                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | we have embraced an egalitarian philosophy related to perquisites and have worked over the past several years to eliminate benefits based on rank; and |

|         |                                                                                                                                                                          |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | we believe that our core values provide the foundation for our continued success and serve as a basis for selection, development and rewards for our executive officers. |

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|                                   |
|-----------------------------------|
|                                   |  |  |  |  |
| Compensation Element              |   | Objective |   | Key Features |
|                              |   |   |   |   |
| Base Salary                       |   | To provide a minimum, fixed level of cash compensation for executive officers |   | Generally, base pay has been aligned with our target market position. Adjustments are considered annually based on individual performance, level of pay relative to the market and internal pay equity. |
|                              |   |   |   |   |
| Cash Incentive Payments |   | To encourage and reward executive officers’ contributions toward individual goals and corporate-level financial and operational results |   | Quarterly incentive cash payments under the EICP are based on a formula that includes revenue and operating income performance relative to operational goals, as well as an individual performance adjustment. |
|                              |   |   |   |   |
| Total cash compensation           |   | To reflect fixed and short-term variable pay targeted to encourage performance and reflect market-based pay |   | Total cash compensation (base salary plus cash incentive) is evaluated against the 50th percentile of our compensation peer group’s total cash compensation for the executive team overall; the actual percentile will vary by individual and will be based on reviews of the individuals’ quarterly performance against specific objectives. |
|                              |   |   |   |   |
| Equity-Based Awards               |   | To retain executive officers and align their interests with those of our stockholders |   | Targeted at a level that will provide total direct compensation (base salary, cash incentive payments and equity awards) approximating the 50th percentile of our compensation peer group’s total direct compensation. Includes different equity types, including stock options, restricted stock units, cash settled units, and performance-based shares to balance multiple objectives. |

|         |                  |
|---------|------------------|
| • | our performance; |

|         |                                                                |
|---------|----------------------------------------------------------------|
| • | aligning actual compensation with our compensation philosophy; |

|         |                     |
|---------|---------------------|
| • | budget constraints; |

|         |            |
|---------|------------|
| • | retention; |

|         |                      |
|---------|----------------------|
| • | internal pay equity; |

|         |                                                                               |
|---------|-------------------------------------------------------------------------------|
| • | individual performance and contribution to the overall corporate performance; |

|         |                                                               |
|---------|---------------------------------------------------------------|
| • | our Chief Executive Officer’s recommendations; and |

|         |                                                                                                                                              |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------|
| • | Named Executive Officers compensation data for similarly-situated executives in our peer companies for whom we compete for executive talent. |

|         |                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------|
| • | in the technology hardware and equipment sector, the semiconductor equipment sector or computer storage and peripherals sector; and |

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|         |                                                                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | having revenues and market capitalization generally between one-third to four times that of Emulex, set at the median range of the peers at the time the peer group is selected. |

|                                      |
|--------------------------------------|
|                                      |  |
| Acme Packet, Inc.                    | Infinera Corporation |
| Adtran, Inc.                         | Integrated Device Technology, Inc. |
| Applied Micro Circuits Corporation   | Mellanox Technologies, Ltd. |
| Aruba Networks, Inc.                 | Micrel Incorporated |
| Aviat Networks, Inc.                 | Microsemi Corporation |
| Brocade Communications Systems, Inc. | Newport Corporation |
| Digi International Inc.              | PMC-Sierra, Inc. |
| Dot Hill Systems Corp.               | QLogic Corporation |
| Echelon Corporation                  | Quantum Corporation |
| Extreme Networks Inc.                | Semtech Corporation |
| Finisar Corporation                  | Silicon Image, Inc. |
| Harmonic Inc.                        |   |

|                                      |
|--------------------------------------|
|                                      |  |
| Applied Micro Circuits Corporation   | Mellanox Technologies, Ltd. |
| Brocade Communications Systems, Inc. | Newport Corporation |
| Dot Hill Systems Corp.               | PMC-Sierra, Inc. |
| Extreme Networks Inc.                | QLogic Corporation |
| Integrated Device Technology, Inc.   | Quantum Corporation |

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|         |                                                                                                                                    |
|---------|------------------------------------------------------------------------------------------------------------------------------------|
| • | the executive’s performance compared to the goals and objectives established for the executive at the beginning of the year; |

|         |                                                                        |
|---------|------------------------------------------------------------------------|
| • | the nature, scope and level of the executive’s responsibilities; |

|         |                                                                       |
|---------|-----------------------------------------------------------------------|
| • | the executive’s contribution to our financial results; and |

|         |                                                                  |
|---------|------------------------------------------------------------------|
| • | the executive’s demonstration of job knowledge and skills. |

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|         |                                                |
|---------|------------------------------------------------|
| • | the role of the executive officer with Emulex; |

|         |                                     |
|---------|-------------------------------------|
| • | his or her level of responsibility; |

|         |                                            |
|---------|--------------------------------------------|
| • | individual performance for the prior year; |

|         |                           |
|---------|---------------------------|
| • | internal equity; and |

|         |                                                                                                       |
|---------|-------------------------------------------------------------------------------------------------------|
| • | base salaries paid to persons in similar positions at the peer companies where we compete for talent. |

|                                                |
|------------------------------------------------|
|                                                |  |  |  |  |  |  |  |  |  |  |
| Executive                                      |   | Base Salary ofFY’13 |   | Base Salary ofFY’12 |   | PercentageIncrease |
| James M. McCluney                              |   | $ | 587,724 |  |   | $ | 587,155 |  |   | — |
| Jeffrey W. Benck                               |   | $ | 439,651 |  |   | $ | 439,551 |  |   | — |
| Michael J. Rockenbach                          |   | $ | 384,358 |  |   | $ | 383,962 |  |   | — |
| Jeffery L. Hoogenboom                          |   | $ | 334,037 |  |   | $ | 333,936 |  |   | — |
| Margaret A. Evashenk                           |   | $ | 342,334 |  |   | $ | 342,293 |  |   | — |
| Average increase for Named Executive Officers: |   |   |  |   |   |  |   | — |

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|                |
|----------------|
|                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Fiscal Quarter |   | Targeted Net Revenue |   | Actual Net Revenue |   | % of Target Achieved |   | Targeted Public Non-GAAP Operating Income |   | Actual Public Non-GAAP Operating Income |   | % of Target Achieved |
| Q1 FY'13       |   | $ | 120,710 |  |   | $ | 119,267 |  |   | 99 | % |   | $ | 15,994 |  |   | $ | 20,386 |  |   | 127 | % |
| Q2 FY'13       |   | $ | 129,881 |  |   | $ | 122,145 |  |   | 94 | % |   | $ | 22,053 |  |   | $ | 20,280 |  |   | 92 | % |
| Q3 FY'13       |   | $ | 125,961 |  |   | $ | 116,786 |  |   | 93 | % |   | $ | 16,286 |  |   | $ | 14,901 |  |   | 91 | % |
| Q4 FY'13       |   | $ | 133,430 |  |   | $ | 120,369 |  |   | 90 | % |   | $ | 21,995 |  |   | $ | 13,935 |  |   | 63 | % |

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|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |  |
| Executive             |   | 2013 TargetIncentive |   | 2013 ActualIncentive  Paid |
| James M. McCluney     |   | $ | 587,724 |  |   | $ | 446,509 |  |
| Jeffrey W. Benck      |   | $ | 351,720 |  |   | $ | 282,057 |  |
| Michael J. Rockenbach |   | $ | 233,021 |  |   | $ | 184,935 |  |
| Jeffery L. Hoogenboom |   | $ | 231,415 |  |   | $ | 187,512 |  |
| Margaret A. Evashenk  |   | $ | 188,288 |  |   | $ | 150,993 |  |

|         |                                                                                       |
|---------|---------------------------------------------------------------------------------------|
| • | 30% of the total number of shares vest on the first anniversary of the date of grant; |

|         |                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------|
| • | 30% of the total number of shares vest on the second anniversary of the date of grant; and |

|         |                                                                                      |
|---------|--------------------------------------------------------------------------------------|
| • | 40% of the total number of shares vest on the third anniversary of the date of grant |

|         |                 |
|---------|-----------------|
| • | Revenue growth; |

|         |                                            |
|---------|--------------------------------------------|
| • | Adjusted operating income growth; and |

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|         |                           |
|---------|---------------------------|
| • | Total stockholder return. |

|                                               |
|-----------------------------------------------|
|                                               |  |  |  |  |
| Performance vs. Performance of Peer Companies |   | % of Target RSUs Earned Year 1 |   | % of Target RSUs Earned Year 2 & Year 3 |
| 75th Percentile and Above                     |   | 150% |   | 150% |
| 50th to 74th Percentile                       |   | 100% - 149% |   | 100% - 149% |
| 25th to 49th Percentile                       |   | —% |   | 50% - 99% |
| <25th Percentile                           |   | —% |   | —% |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |
| Performance Metric                     |   | Performance Metric Weighting |   | EmulexPerformancePercentile |   | % of Target AwardsEarned |   |
| Revenue Growth                         |   | 40 | % |   | 70 | % |   | 140 | % | (1)  |
| Adjusted Operating Income Growth       |   | 40 | % |   | 40 | % |   | — | % |   |
| Cumulative Total Stockholder Return    |   | 20 | % |   | 30 | % |   | — | % |   |
| Total % Awarded Based Upon Performance |   |   |   |   |   | 59 | % | (2)  |

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|-----------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                               |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                                                                                                          |   | Q1 FY'13 |   | Q2 FY'13 |   | Q3 FY'13 |   | Q4 FY'13 |   | Total FY'13 |
| GAAP operating income (loss) in fiscal 2013 based on quarterly and annual results included in Forms 10-Q and 10-K                        |   | $ | 6,738 |  |   | $ | 4,332 |  |   | $ | (3,436 | ) |   | $ | (8,343 | ) |   | $ | (709 | ) |
| Items excluded from GAAP operating income (loss) to calculate non-GAAP operating income used for performance-based equity awards:             |   |   |  |   |   |  |   |   |  |   |   |  |   |   |  |
| Stock-based compensation                                                                                                                      |   | 5,554 |  |   | 5,375 |  |   | 5,338 |  |   | 5,534 |  |   | 21,801 |  |
| Amortization of intangibles                                                                                                                   |   | 6,671 |  |   | 6,514 |  |   | 6,966 |  |   | 7,584 |  |   | 27,735 |  |
| Severance/Restructuring Charges                                                                                                               |   | — |  |   | — |  |   | — |  |   | 2,704 |  |   | 2,704 |  |
| Net charges associated with patent damages, sunset period royalties and/or partial settlement related to the Broadcom patent litigation       |   | 1,474 |  |   | 1,940 |  |   | 4,452 |  |   | 5,703 |  |   | 13,569 |  |
| Non-GAAP operating income used for performance-based equity awards                                                                            |   | $ | 20,437 |  |   | $ | 18,161 |  |   | $ | 13,320 |  |   | $ | 13,182 |  |   | $ | 65,100 |  |
| Item excluded from GAAP operating income (loss) to calculate public non-GAAP operating income included in press released filed with Form 8-K: |   |   |  |   |   |  |   |   |  |   |   |  |   |   |  |
| Expenses related to the acquisition of Endace                                                                                                 |   | — |  |   | 2,060 |  |   | 1,472 |  |   | 862 |  |   | 4,394 |  |
| Public non-GAAP operating income (loss) in press release filed with Form 8-K                                                                  |   | $ | 20,437 |  |   | $ | 20,221 |  |   | $ | 14,792 |  |   | $ | 14,044 |  |   | $ | 69,494 |  |
| Additional adjustment to Public non-GAAP operating income (loss) in press release to calculate fiscal 2013 cash incentive payments:           |   |   |   |   |   |   |   |   |   |   |
| Difference between accrued bonus and actual bonus payout                                                                                      |   | 51 |  |   | (59 | ) |   | (109 | ) |   | 109 |  |   | (8 | ) |
| Public non-GAAP operating income (loss) used for fiscal 2013 cash incentive payments:                                                         |   | $ | 20,386 |  |   | $ | 20,280 |  |   | $ | 14,901 |  |   | $ | 13,935 |  |   | $ | 69,502 |  |

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|                              |
|------------------------------|
|                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name and ParticipantPosition |   | Year |   | Salary($) |   | Bonus($) |   | StockAwards($)(4) |   | OptionAwards($) |   | Non-EquityIncentive PlanCompensation($)(6) |   | Change inPension Valueand Non-QualifiedDeferredCompensationEarnings($) |   | All OtherCompensation($)(10) |   | Total($) |
| James M. McCluney            |   | 2013 |   | 587,724 |  |   | — |  |   | 1,495,368 |  |   | 122,320 |  |   | 446,509 |  |   | N/A |   | 12,386(7) |  |   | 2,664,307 |  |
| Chief Executive Officer(1)   |   | 2012 |   | 587,155 |  |   | — |  |   | 1,162,800 |  |   | — |  |   | 534,960 |  |   | N/A |   | 6,889(7) |  |   | 2,291,804 |  |
|                         |   | 2011 |   | 585,750 |  |   | — |  |   | 905,450 |  |   | 608,344 |  |   | 572,779 |  |   | N/A |   | 14,471(7) |  |   | 2,686,794 |  |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Jeffrey W. Benck             |   | 2013 |   | 439,651 |  |   | — |  |   | 891,648 |  |   | 128,436 |  |   | 282,057 |  |   | N/A |   | 8,900(8) |  |   | 1,750,692 |  |
| President and                |   | 2012 |   | 439,551 |  |   | — |  |   | 646,000 |  |   | — |  |   | 338,190 |  |   | N/A |   | 5,353(8) |  |   | 1,429,094 |  |
| Chief Operating Officer(2)   |   | 2011 |   | 433,376 |  |   | — |  |   | 626,850 |  |   | 348,570 |  |   | 300,701 |  |   | N/A |   | 11,567(8) |  |   | 1,721,064 |  |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Michael J. Rockenbach (3)    |   | 2013 |   | 384,358 |  |   | — |  |   | 538,704 |  |   | 79,508 |  |   | 184,935 |  |   | N/A |   | 6,380 |  |   | 1,193,885 |  |
| Executive V. P. and          |   | 2012 |   | 383,962 |  |   | — |  |   | 510,340 |  |   | — |  |   | 221,560 |  |   | N/A |   | 6,267 |  |   | 1,122,129 |  |
| Chief Financial Officer      |   | 2011 |   | 379,293 |  |   | — |  |   | 531,650 |  |   | 377,781 |  |   | 224,702 |  |   | N/A |   | 7,757 |  |   | 1,521,183 |  |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Jeffery L. Hoogenboom        |   | 2013 |   | 334,037 |  |   | — |  |   | 479,880 |  |   | 110,087 |  |   | 187,512 |  |   | N/A |   | 5,900 |  |   | 1,117,416 |  |
| Senior Vice President,       |   | 2012 |   | 333,936 |  |   | — |  |   | 374,680 |  |   | — |  |   | 225,203 |  |   | N/A |   | 5,353 |  |   | 939,172 |  |
| Worldwide Sales              |   | 2011 |   | 326,262 |  |   | — |  |   | 288,550 |  |   | 193,701 |  |   | 228,054 |  |   | N/A |   | 9,594 |  |   | 1,046,161 |  |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Margaret A. Evashenk         |   | 2013 |   | 342,334 |  |   | — |  |   | 418,734 |  |   | 91,740 |  |   | 150,993 |  |   | N/A |   | 6,350(9) |  |   | 1,010,151 |  |
| Senior Vice President,       |   | 2012 |   | 342,293 |  |   | — |  |   | 303,620 |  |   | — |  |   | 181,113 |  |   | N/A |   | 7,422(9) |  |   | 834,448 |  |
| Chief Development            |   | 2011 |   | 319,619 |  |   | — |  |   | 240,250 |  |   | 94,802 |  |   | 139,747 |  |   | N/A |   | 20,202(9) |  |   | 814,620 |  |
| Executive                    |   |   |   |   |  |   |   |   |   |  |   |   |  |   |   |  |   |   |   |   |  |   |   |  |

|                 |                                                                                                                                          |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|
|   (1) | Effective July 12, 2013, Mr. McCluney resigned as Chief Executive Officer of Emulex and was appointed Executive Chairman of Emulex. |

|                 |                                                                                                                                  |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------|
|   (2) | Effective July 12, 2013, Mr. Benck was appointed Chief Executive Officer of Emulex, and retained his position as President. |

|               |                                                                                                                |
|---------------|----------------------------------------------------------------------------------------------------------------|
|   (3) | Mr. Rockenbach's service as an officer and employee of the Company will terminate effective December 31, 2013. |

|               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (4) | The amounts in this column do not reflect amounts paid to or realized by the named individual for fiscal 2013, 2012 and 2011. Instead, these amounts reflect the aggregate grant date fair value of awards computed in accordance with FASB Accounting Standards Codification Topic No. 718. There is no guarantee that, if and when these stock awards are ultimately realized, they will have this or any other value. Pursuant to the SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. For additional information on the valuation assumptions with respect to stock option and award grants, refer to Note 10 of Emulex’s consolidated financial |

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|                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (5) | The amounts in this column do not reflect amounts paid to or realized by the named individual for fiscal 2013, 2012 and 2011. Instead, these amounts reflect the aggregate grant date fair value of awards computed in accordance with FASB Accounting Standards Codification Topic No. 718. There is no guarantee that, if and when these option awards are ultimately exercised, they will have this or any other value. Pursuant to the SEC rules, the amounts shown exclude the impact of estimated forfeitures related to service-based vesting conditions. For additional information on the valuation assumptions with respect to stock option and award grants, refer to Note 10 of Emulex’s consolidated financial statements in Annual Report on Form 10-K for the year ended June 30, 2013, as filed with the SEC. These amounts reflect our accounting expense for these awards, excluding forfeitures, and do not correspond to the actual value that may be realized by the applicable officer. |

|                 |                                                                                                                                                                                                                       |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (6) | This column reflects performance-based cash incentive payments paid pursuant to Emulex’s Executive Incentive Plan and may include amounts earned in a given fiscal year but not paid until the subsequent year. |

|                 |                                                                                                                                                                                                                                                                                                                                                                                                              |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (7) | The amount shown is the estimated value of perquisites and other personal benefits received in the 2013, 2012 and 2011 fiscal years, respectively, including life insurance premiums ($-, $- and $1,582), out of pocket health care expenses ($-, $- and $4,075), physical exam expense ($-,$-, and $2,995), special occasion gifts ($-, $- and $187), and 401(k) matching contributions ($-,$- and $5,632). |

|                 |                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (8) | The amount shown is the estimated value of perquisites and other personal benefits received in the 2012, 2011 and 2010 fiscal years, respectively, including club membership ($-, $- and $2,481), life insurance premiums ($-, $-, $450), out of pocket health care expenses ($-, $- and $1,668), physical exam expense ($-, $- and $0), special occasion gifts ($-, $- and $857), and 401(k) matching contributions ($-, $- and $6,111). |

|               |                                                                                                                                                                                                                                                                                                                                                                                                                 |
|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (9) | The amount shown is the estimated value of perquisites and other personal benefits received in the 2013, 2012 and 2011 fiscal years, respectively, including automobile allowance ($-, $- and $9,600), tax and financial consulting ($-, $- and $-), life insurance premiums ($-, $- and $450), out of pocket health care expenses ($-, $- and  $4,516), and 401(k) matching contributions ($-, $- and $5,636). |

|           |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|  (10) | Beginning September 1, 2008, which was Emulex’s fiscal 2009, automobile allowance and tax and financial consulting reimbursements were eliminated for Named Executive Officers. Because Ms. Evashenk was not considered a Named Executive Officer until after the completion of fiscal 2012, she did receive auto allowance in fiscal 2011 and tax and financial consulting reimbursements in fiscal 2012. Beginning July 1, 2010, which was Emulex’s fiscal 2011, out of pocket health care expense reimbursement was eliminated for Named Executive Officers. Mr. McCluney, Mr. Rockenbach, and Mr. Benck did receive out of pocket healthcare expense reimbursements in fiscal 2011 for expenses incurred prior to July 1, 2010. Further, as Ms. Evashenk was not considered a Named Executive Officer until after the completion of fiscal 2012, she did receive out of pocket healthcare reimbursements in fiscal 2011.    |

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|---------------------------------|
|                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                            |   | GrantDate |   | Estimated Future PayoutsUnder Non-Equity IncentivePlan Awards |   | Estimated Future PayoutsUnder Equity IncentivePlan Awards |   | All OtherStockAwards:Number ofShares ofStockor Units(#)(2) |   | All OtherOptionAwards:Number ofSecuritiesUnderlyingOptions(#) |   | Exerciseor BasePrice ofOptionAwards($/Sh) |   | GrantDate FairValue ofStock andOptionAwards($)(3) |
| Name                            |   |   | Threshold($) |   | Target($) |   | Maximum($)(1) |   | Threshold(#) |   | Target(#) |   | Maximum(#)(1) |   |
| James M. McCluney               |   | N/A |   | 166,620 |  |   | 587,724 |  |   | 881,586 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|                            |   | 9/15/2012 |   | — |  |   | — |  |   | — |  |   | — |  |   | 104,600 |  |   | 156,900 |  |   | 88,600 |  |   | 40,000 |  |   | 7.74 |  |   | 1,617,688 |  |
|                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Jeffrey W. Benck                |   | N/A |   | 105,252 |  |   | 351,720 |  |   | 527,580 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|                            |   | 9/15/2012 |   | — |  |   | — |  |   | — |  |   | — |  |   | 39,800 |  |   | 59,700 |  |   | 75,400 |  |   | 42,000 |  |   | 7.74 |  |   | 1,020,084 |  |
|                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Michael J. Rockenbach |   | N/A |   | 69,732 |  |   | 233,021 |  |   | 349,532 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|                            |   | 9/15/2012 |   | — |  |   | — |  |   | — |  |   | — |  |   | 24,400 |  |   | 36,600 |  |   | 45,200 |  |   | 26,000 |  |   | 7.74 |  |   | 618,212 |  |
|                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Jeffery L. Hoogenboom |   | N/A |   | 69,252 |  |   | 231,415 |  |   | 347,123 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|                            |   | 9/15/2012 |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 62,000 |  |   | 36,000 |  |   | 7.74 |  |   | 589,967 |  |
|                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Margaret A. Evashenk  |   | N/A |   | 56,344 |  |   | 188,288 |  |   | 282,432 |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |
|                            |   | 9/15/2012 |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | — |  |   | 54,100 |  |   | 30,000 |  |   | 7.74 |  |   | 510,474 |  |

|     |                                                                  |
|-----|------------------------------------------------------------------|
| (1) | The established maximum payment set by Emulex is 150% of target. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                       |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | This column shows the number of shares of restricted stock awards granted in fiscal 2013 to the Named Executive Officers. Such restricted stock awards vest in installments over a three-year period. Unvested shares are subject to a right of repurchase at the original purchase price on behalf of Emulex in the event of the Named Executive Officer’s termination of service with Emulex. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Performance based stock awards and unvested restricted stock awards are granted to the Named Executive Officers without an exercise price. The grant date fair value equals the closing price of Emulex’s common stock on the grant date. Stock options are granted with an exercise price per share equal to the closing price of Emulex’s common stock on the grant date.   |

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|-----------------------|
|                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name                  |   | Option Grant Date |   | # of Securities of Unexercised Options Exercisable |   | # of Securities of Unexercised Options Unexercisable |   | Option Exercise Price |   | Option Expiration Date |   | # of Shares of Restricted Stock Not Vested               (1) |   | Market Value of Shares of Restricted Stock Not Vested          (2) |
| James M. McCluney     |   | 11/17/2003 |   | 29,060 |  |   | — |  |   | $ | 19.41 |  |   | 7/28/2013 |  |   | — |  |   | — |  |
|                  |   | 11/18/2003 |   | 150,000 |  |   | — |  |   | $ | 26.65 |  |   | 11/17/2013 |  |   | — |  |   | — |  |
|                  |   | 8/19/2004 |   | 100,000 |  |   | — |  |   | $ | 10.01 |  |   | 8/18/2014 |  |   | — |  |   | — |  |
|                  |   | 9/2/2008 |   | 50,000 |  |   | — |  |   | $ | 13.34 |  |   | 9/1/2014 |  |   | — |  |   | — |  |
|                  |   | 9/2/2009 |   | 110,000 |  |   | — |  |   | $ | 9.82 |  |   | 9/1/2015 |  |   | — |  |   | — |  |
|                  |   | 9/2/2010 |   | 159,050 |  |   | 13,950 |  |   | $ | 9.95 |  |   | 9/1/2016 |  |   | 36,400 |  |   | $ | 237,328 |  |
|                  |   | 9/2/2011 |   | — |  |   | — |  |   | — |  |   | — |  |   | 126,000 |  |   | $ | 821,520 |  |
|                  |   | 9/15/2012 |   | — |  |   | 40,000 |  |   | $ | 7.74 |  |   | 9/14/2018 |  |   | 193,200 |  |   | $ | 1,259,664 |  |
| Jeffrey W. Benck      |   | 9/2/2009 |   | 65,000 |  |   | — |  |   | $ | 9.82 |  |   | 9/1/2015 |  |   | — |  |   | — |  |
|                  |   | 3/2/2010 |   | 35,000 |  |   | — |  |   | $ | 13.28 |  |   | 3/1/2016 |  |   | — |  |   | — |  |
|                  |   | 9/2/2010 |   | 89,392 |  |   | 9,608 |  |   | $ | 9.95 |  |   | 9/1/2016 |  |   | 25,200 |  |   | $ | 164,304 |  |
|                  |   | 9/2/2011 |   | — |  |   | — |  |   | — |  |   | — |  |   | 70,000 |  |   | $ | 456,400 |  |
|                  |   | 9/15/2012 |   | — |  |   | 42,000 |  |   | $ | 7.74 |  |   | 9/14/2018 |  |   | 115,200 |  |   | $ | 751,104 |  |
| Michael J. Rockenbach |   | 8/20/2003 |   | 152,333 |  |   | — |  |   | $ | 24.00 |  |   | 8/19/2013 |  |   | — |  |   | — |  |
|                  |   | 8/19/2004 |   | 75,000 |  |   | — |  |   | $ | 10.01 |  |   | 8/18/2014 |  |   | — |  |   | — |  |
|                  |   | 9/2/2009 |   | 40,000 |  |   | — |  |   | $ | 9.82 |  |   | 9/1/2015 |  |   | — |  |   | — |  |
|                  |   | 7/2/2010 |   | 31,500 |  |   | 3,500 |  |   | $ | 9.17 |  |   | 7/1/2016 |  |   | 8,000 |  |   | $ | 52,160 |  |
|                  |   | 9/2/2010 |   | 67,624 |  |   | 7,376 |  |   | $ | 9.95 |  |   | 9/1/2016 |  |   | 14,000 |  |   | $ | 91,280 |  |
|                  |   | 9/2/2011 |   | — |  |   | — |  |   | — |  |   | — |  |   | 55,299 |  |   | $ | 360,549 |  |
|                  |   | 9/15/2012 |   | — |  |   | 26,000 |  |   | $ | 7.74 |  |   | 9/14/2018 |  |   | 69,600 |  |   | $ | 453,792 |  |
| Jeffery L. Hoogenboom |   | 9/2/2009 |   | 20,000 |  |   | — |  |   | $ | 9.82 |  |   | 9/1/2015 |  |   | — |  |   | — |  |
|                  |   | 3/2/2010 |   | 20,000 |  |   | — |  |   | $ | 13.28 |  |   | 3/1/2016 |  |   | — |  |   | — |  |
|                  |   | 9/2/2010 |   | 51,960 |  |   | 3,040 |  |   | $ | 9.95 |  |   | 9/1/2016 |  |   | 11,600 |  |   | $ | 75,632 |  |
|                  |   | 9/2/2011 |   | — |  |   | — |  |   | — |  |   | — |  |   | 40,600 |  |   | $ | 264,712 |  |
|                  |   | 9/15/2012 |   | — |  |   | 36,000 |  |   | $ | 7.74 |  |   | 9/14/2018 |  |   | 62,000 |  |   | $ | 404,240 |  |
| Margaret A. Evashenk  |   | 12/2/2009 |   | 10,500 |  |   | — |  |   | $ | 9.52 |  |   | 12/1/2015 |  |   | — |  |   | — |  |
|                  |   | 3/2/2010 |   | 8,000 |  |   | — |  |   | $ | 13.28 |  |   | 3/1/2016 |  |   | — |  |   | — |  |
|                  |   | 9/2/2010 |   | 24,300 |  |   | 2,700 |  |   | $ | 9.95 |  |   | 9/1/2016 |  |   | 6,000 |  |   | $ | 39,120 |  |
|                  |   | 6/2/2011 |   | — |  |   | — |  |   | — |  |   | — |  |   | 4,000 |  |   | $ | 26,080 |  |
|                  |   | 9/2/2011 |   | — |  |   | — |  |   | — |  |   | — |  |   | 32,900 |  |   | $ | 214,508 |  |
|                  |   | 9/15/2012 |   | — |  |   | 30,000 |  |   | $ | 7.74 |  |   | 9/14/2018 |  |   | 54,100 |  |   | $ | 352,732 |  |

|     |                                                                                                                                                                                                                                                                |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Assuming continued employment with Emulex, 30%, 30% and 40% of the unvested shares will vest on the first, second and third year anniversaries of the grant date, respectively. Includes awards of both shares of restricted stock and restricted stock units. |

|     |                                                                                                                                                           |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Market value of the unvested stock is computed by multiplying the fiscal 2013 year-end closing market price of $6.52 by the number of shares held.   |

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|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |  |  |  |
|                  |   | Option Awards |   | Stock Awards |
| Name                  |   | Number ofSharesAcquired onExercise(#) |   | ValueRealized onExercise($) |   | Number ofSharesAcquired onVesting (#) |   | ValueRealized onVesting ($) |
| James M. McCluney     |   | — |   | — |   | 130,100 |  |   | 891,185 |  |
| Jeffrey W. Benck      |   | — |   | — |   | 85,400 |  |   | 581,090 |  |
| Michael J. Rockenbach |   | — |   | — |   | 57,756 |  |   | 398,089 |  |
| Jeffery L. Hoogenboom |   | — |   | — |   | 40,100 |  |   | 272,033 |  |
| Margaret A. Evashenk  |   | — |   | — |   | 27,400 |  |   | 186,594 |  |

|         |                                                                                                                                                                                                                                                                   |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | a lump sum cash severance payment equal to twelve months (for Mr. Rockenbach) and eighteen months (for Mr. Benck) of their base pay, inclusive of their target incentive payment level with respect to the fiscal year prior to their termination date; |

|         |                                                                                                                                                                                                                                            |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | a lump sum cash payment equal to the costs of continuation of their health insurance premiums for twelve months (for Mr. Rockenbach) and eighteen months (for Mr. Benck) following the termination of their employment; and |

|         |                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | full vesting and acceleration of their stock options and other stock awards and the right to exercise stock options for a period of twelve months following their termination date. |

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|                       |
|-----------------------|
|                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name                  |   | BaseSalary($)(1) |   | Bonus($)(2) |   | Acceleration ofVesting ofRestrictedStock Awards($)(3) |   | Acceleration ofVesting ofOptions($) |   | Benefits($)(4) |   | Total($) |
| James M. McCluney     |   | 1,175,448 |  |   | 1,175,448 |  |   | 2,318,512 |  |   | — |  |   | 48,429 |  |   | 4,717,837 |  |
| Jeffrey W. Benck      |   | 659,477 |  |   | 527,582 |  |   | 1,371,808 |  |   | — |  |   | 50,003 |  |   | 2,608,870 |  |
| Michael J. Rockenbach |   | 384,358 |  |   | 230,615 |  |   | 957,781 |  |   | — |  |   | 38,335 |  |   | 1,611,089 |  |
| Jeffery L. Hoogenboom |   | 334,037 |  |   | 233,826 |  |   | 744,584 |  |   | — |  |   | 38,335 |  |   | 1,350,782 |  |
| Margaret A. Evashenk  |   | 342,344 |  |   | 188,289 |  |   | 632,440 |  |   | — |  |   | 35,885 |  |   | 1,198,958 |  |

|     |                                                                                                                                                                                                                                    |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Base salary is based on the annual salary as of June 30, 2013 over the severance period (twenty-four months for Mr. McCluney eighteen months for Mr. Benck, twelve months for the other executive officers).   |

|     |                                                                                          |
|-----|------------------------------------------------------------------------------------------|
| (2) | Bonus is based on the target bonus level for fiscal 2013 as a percentage of base salary. |

|     |                                                                                                                                                                                                                             |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Calculated as the closing market price on June 30, 2013, multiplied by the number of shares of restricted stock awards subject to accelerated vesting if the termination of employment occurred on June 30, 2013. |

|     |                                                                                                                                   |
|-----|-----------------------------------------------------------------------------------------------------------------------------------|
| (4) | Benefits include medical or health premiums for the severance period and $15,000 each for reimbursement of outplacement services. |

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Table of Contents

|                     |
|---------------------|
|                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Name(1)             |   | FeesEarned orPaid inCash($) |   | StockAwards($)(2)(3) |   | OptionAwards($)(2)(4) |   | Non-EquityIncentive PlanCompensation($) |   | Changes inPension Valueand Non-qualifiedDeferredCompensationEarnings($) |   | All OtherCompensation($) |   | Total($) |
| Gregory S. Clark(5) |   | 14,750 |  |   | 200,000 |  |   | — |   | N/A |   | N/A |   | — |   | 214,750 |  |
| Michael P. Downey   |   | 81,500 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 206,500 |  |
| Bruce C. Edwards    |   | 81,500 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 206,500 |  |
| Paul F. Folino      |   | 120,500 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 245,500 |  |
| Eugene J. Frantz(5) |   | 16,750 |  |   | 200,000 |  |   | — |   | N/A |   | N/A |   | — |   | 216,750 |  |
| Robert H. Goon      |   | 83,500 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 208,500 |  |
| Beatriz V. Infante  |   | 67,000 |  |   | 62,500 |  |   | — |   | N/A |   | N/A |   | — |   | 129,500 |  |
| Don M. Lyle         |   | 73,500 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 198,500 |  |
| Nersi Nazari        |   | 64,500 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 189,500 |  |
| Dean A. Yoost       |   | 79,000 |  |   | 125,000 |  |   | — |   | N/A |   | N/A |   | — |   | 204,000 |  |

|     |                                                                                                                                                                                                                |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Any Director who is also an employee does not receive any additional compensation for serving on our Board of Directors. The compensation of James M. McCluney is reflected in the Summary Compensation Table. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The amounts in this column do not reflect amounts paid to or realized by the named individual for fiscal 2012. Instead, these amounts reflect the aggregate grant date fair value of awards computed in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic No. 718, Compensation-Stock Compensation. Pursuant to SEC rules, the amounts shown exclude the impact of estimated forfeitures. For additional information on the valuation assumptions with respect to stock option and award grants, refer to Note 10 of Emulex’s consolidated financial statements in Annual Report on Form 10-K for the year ended June 30, 2013, as filed with the SEC. These amounts reflect our accounting value for these awards, excluding forfeitures, and do not correspond to the actual value that may be realized by the director. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | The aggregate number of unvested restricted stock awards at the end of fiscal 2013 are: Mr. Clark- 15,873 shares; Mr. Downey - 0 shares; Mr. Edwards - 0 shares; Mr. Folino - 80,000 shares; Mr. Frantz - 15,873 shares; Mr. Goon - 0 shares; Ms. Infante - 0 shares; Mr. Lyle - 0 shares; Mr. Nazari - 0 shares and Mr. Yoost - 0 shares. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | The aggregate number of stock options outstanding at the end of fiscal 2013 are: Mr. Clark - 0 shares; Mr. Downey - 30,000 shares; Mr. Edwards - 50,000 shares; Mr. Folino - 151,350 shares (all of which comprise of grants received as Executive Chairman and not as a non-employee director); Mr. Frantz - 0 shares; Mr. Goon - 50,000 shares; Ms. Infante - 0 shares; Mr. Lyle - 50,000 shares; Mr. Nazari - 0 shares and Mr. Yoost - 80,000 shares. No stock options were granted to Directors in fiscal 2013. |

|     |                                                                                                      |
|-----|------------------------------------------------------------------------------------------------------|
| (5) | Each of Mr. Clark’s and Mr. Frantz’s service as a Director commenced in April 2013. |

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|               |                                                                      |
|---------------|----------------------------------------------------------------------|
| Item 12. | Security Ownership of Certain Beneficial Owners and Management.  |

|                                                                |
|----------------------------------------------------------------|
|                                                                |  |  |  |  |  |  |  |  |  |  |  |
| Plan Category                                                  |   | Number of Securitiesto be Issued UponExercise ofOutstanding Options,Warrants and Rights |   | Weighted-AverageExercise Price ofOutstanding Options,Warrants and Rights |   | Number of  SecuritiesRemaining Availablefor Future IssuanceUnder EquityCompensation Plans(Excluding SecuritiesRelated in Column (a)) |   |
|                                                           |   | (a) |   | (b) |   | (c) |   |
| Equity compensations plans approved by security holders(1)     |   | 7,825,739 |  |   | $ | 6.30 |  |   | 9,449,502 |  | (4) |
| Employee stock purchase plan approved by security holders(2)   |   | — |  |   | — |  |   | 1,250,567 |  |   |
| Equity compensations plans not approved by security holders(3) |   | 329,022 |  |   | $ | 7.84 |  |   | 4,432 |  |   |
| Total                                                          |   | 8,154,761 |  |   | $ | 6.36 |  |   | 10,704,501 |  |   |

|     |                                                                                                                                                                                                                                                            |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Consists of the Emulex Corporation Employee Stock Option Plan, the Emulex Corporation 2005 Equity Incentive Plan, the Emulex Corporation 2004 Employee Stock Incentive Plan, and the Emulex Corporation 1997 Stock Option Plan for Non-Employee Directors. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | The Emulex Employee Stock Purchase Plan enables employees to purchase our common stock at a 15% discount to the lower of market value at the beginning or end of each six month offering period. As such, the number of shares that may be issued during a given six month period and the purchase price of such shares cannot be determined in advance. See Note 10, “Shareholder's Equity,” in the notes to consolidated financial statements included in Part IV, Item 15(a) of  the fiscal 2013 Annual Report on Form 10-K. |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Consists of the ServerEngines Corporation (ServerEngines) Amended and Restated 2008 Stock Option Plan, Sierra Logic, Inc. (Sierra Logic) 2001 Stock Option Plan, Aarohi Communications Inc. (Aarohi) 2001 Stock Option Plan, the Vixel Corporation (Vixel) 2000 Non-Officer Equity Incentive Plan, the Vixel Corporation 1999 Equity Incentive Plan, the Vixel Corporation Amended and Restated 1995 Stock Option Plan. Options issued under these plans were converted into options to purchase Emulex Corporation common stock as a result of the acquisitions of ServerEngines, Sierra Logic, Aarohi, and Vixel. |

|     |                                                                                                                          |
|-----|--------------------------------------------------------------------------------------------------------------------------|
| (4) | Includes net unvested stock granted of 3,413,522 shares that are not deemed issued for accounting purposes until vested. |

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Table of Contents

|                                                              |
|--------------------------------------------------------------|
|                                                              |  |  |  |  |  |  |
| Name of Beneficial Owner                                     |   | Amount and Nature of Beneficial Ownership (1) |   |   | Percent of Class (2) |
| Gregory S. Clark                                             |   | 31,746 |  | (3) |   | * |
| Michael P. Downey                                            |   | 124,013 |  | (4) |   | * |
| Bruce C. Edwards                                             |   | 122,810 |  | (5) |   | * |
| Paul F. Folino                                               |   | 253,446 |  | (6) |   | * |
| Eugene J. Frantz                                             |   | 31,746 |  | (7) |   | * |
| Robert H. Goon                                               |   | 122,013 |  | (8) |   | * |
| Beatriz V. Infante                                           |   | 35,715 |  |   |   | * |
| Don M. Lyle                                                  |   | 122,013 |  | (9) |   | * |
| Nersi Nazari                                                 |   | 48,134 |  |   |   | * |
| Dean A. Yoost                                                |   | 157,931 |  | (10) |   | * |
| James M. McCluney                                            |   | 1,002,408 |  | (11) |   | 1.1% |
| Jeffrey W. Benck                                             |   | 411,546 |  | (12) |   | * |
| Michael J. Rockenbach                                        |   | 569,510 |  | (13) |   | * |
| Jeffery L. Hoogenboom                                        |   | 213,050 |  | (14) |   | * |
| Margaret A. Evashenk                                         |   | 96,791 |  | (15) |   | * |
| All Directors and executive officers as a group (15 persons) | (16) | 3,639,344 |  |   |   | 3.9% |

|                 |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (1) | This column lists voting securities. Except as otherwise indicated and subject to applicable community property and similar laws, we assume that each named owner has the sole voting and investment power with respect to their shares (other than shares subject to options). Amount of shares beneficially owned includes shares which are subject to options that are currently, or within 60 days following October 7, 2013 will be, exercisable, as well as unvested restricted stock or restricted stock units which will vest within 60 days following October 7, 2013. |

|                 |                                                                                                                                                                                                                                                                                                                                              |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (2) | Percent of class is based on the number of shares outstanding on October 7, 2013 (91,710,037 shares) plus, with respect to each named person, the number of shares of common stock, if any, which the stockholder has the right to acquire within 60 days of such date. Ownership of less than one percent is indicated by an asterisk. |

|               |                                                                                                                                                                                                         |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (3) | Consists of (i) 15,873 shares held by Mr. Clark; and (ii) 15,873 shares of restricted stock awards held by Mr. Clark, which are currently, or within 60 days following October 7, 2013 will be, vested. |

|                |                                                                                                                                                                                                                                                 |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (4) | Consists of (i) 94,013 shares held by Mr. Downey; and (ii) 30,000 shares which are subject to options held by Mr. Downey which are currently, or within 60 days following October 7, 2013 will be, exercisable.   |

|                 |                                                                                                                                                                                                                                                                                                                                                                                        |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (5) | Consists of (i) 68,810 shares held by Mr. Edwards; (ii) 4,000 shares held in a family trust of which Mr. Edwards and his wife are co-trustees and share voting and investment power; and (iii) 50,000 shares which are subject to options held by Mr. Edwards which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                 |                                                                                                                                                                                                                                                                                                                         |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (6) | Consists of (i) 96,446 shares held by a trust of which Mr. Folino is the sole trustee and has sole voting and investment power; and (ii) 155,000 shares which are subject to options held by Mr. Folino which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|               |                                                                                                                                                                                                           |
|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (7) | Consists of (i) 15,873 shares held by Mr. Frantz; and (ii) 15,873 shares of restricted stock awards held by Mr. Frantz, which are currently, or within 60 days following October 7, 2013 will be, vested. |

|             |                                                                                                                                                                                                             |
|-------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    (8) | Consists of (i) 72,013 shares held by Mr. Goon; and (ii) 50,000 shares which are subject to options held by Mr. Goon which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|               |                                                                                                                                                                                                             |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (9) | Consists of (i) 72,013 shares held by Mr. Lyle; and (ii) 50,000 shares which are subject to options held by Mr. Lyle which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                |                                                                                                                                                                                                                                                                                                          |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (10) | Consists of (i) 77,931 shares held by a living trust of which Mr. Yoost and his wife are co-trustees and share voting and investment power; and (ii) 80,000 shares which are subject to options held by Mr. Yoost which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                |                                                                                                                                                                                                                       |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (11) | Consists of (i) 407,408 shares held by Mr. McCluney; and (ii) 595,000 shares which are subject to options held by Mr. McCluney which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                |                                                                                                                                                                                                                 |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (12) | Consists of (i) 199,946 shares held by Mr. Benck; and (ii) 211,600 shares which are subject to options held by Mr. Benck which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

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|                |                                                                                                                                                                                                                                                                     |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (13) | Consists of (i) 311,350 shares held by Mr. Rockenbach; (ii) 25,360 shares held by his children; and (iii) 232,800 shares which are subject to options held by Mr. Rockenbach which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                |                                                                                                                                                                                                                           |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (14) | Consists of (i) 107,250 shares held by Mr. Hoogenboom; and (ii) 105,800 shares which are subject to options held by Mr. Hoogenboom which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                |                                                                                                                                                                                                                     |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   (15) | Consists of (i) 42,291 shares held by Ms. Evashenk; and (ii) 54,500 shares which are subject to options held by Ms. Evashenk which are currently, or within 60 days following October 7, 2013 will be, exercisable. |

|                                                    |
|----------------------------------------------------|
|                                                    |  |  |  |  |  |  |
| Name of Beneficial Owner                           |   | Amount and Nature of Beneficial Ownership (1) |   |   | Percent of Class (2) |
| Elliott Associates, L.P.                           |   | 8,925,927 | (2) |   | 9.7 | % |
| 40 West 57th StreetNew York, NY 10019              |   |   |   |   |   |
| Starboard Value LP.                                |   | 7,250,000 | (3) |   | 7.9 | % |
| 830 Third Avenue, 3rd FloorNew York, NY 10022 |   |   |   |   |   |
| Altai Capital Management                           |   | 5,474,223 | (4) |   | 6.0 | % |
| 152 West 5th Street, 10th FloorNew York, NY 10019  |   |   |   |   |   |
| BlackRock, Inc.                                    |   | 4,954,250 | (5) |   | 5.4 | % |
| 40 East 52nd StreetNew York, NY 10022              |   |   |   |   |   |  |
| The Vanguard Group                                 |   | 4,669,506 | (6) |   | 5.1 | % |
| 100 Vanguard BoulevardMalvern, Pennsylvania 19355  |   |   |   |   |   |  |

|     |                                                                                                                                                                                                                                                                                        |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | Percent of class is based on the number of shares outstanding on October 7, 2013 (91,710,037 shares) plus, with respect to each named person, the number of shares of common stock, if any, which the stockholder has the right to acquire within 60 days of such date. |

|     |                                                                                                                                                                                               |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2) | Based on its Form 13-D/A filed on September 23, 2013, we believe that Elliott Associates, L.P. and its affiliates beneficially owned the number of shares indicated as of September 19, 2013. |

|     |                                                                                                                                                                                          |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3) | Based on its Form 13-D/A filed on September 17, 2013, we believe that Starboard Value LP and its affiliates beneficially owned the numbers of shares indicated as of September 13, 2013. |

|     |                                                                                                                                                                    |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (4) | Based on its Form 13-D/A filed on May 7, 2013, we believe that Altai Capital Management, L.P. beneficially owned the number of shares indicated as of May 7, 2013. |

|     |                                                                                                                                                                          |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (5) | Based on its Form 13-G/A filed on February 8, 2013, we believe that BlackRock, Inc. beneficially owned the number of shares indicated as of December 31, 2012. |

|     |                                                                                                                                                                  |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (6) | Based on its Form 13-G filed on February 13, 2013, we believe that The Vanguard Group beneficially owned the number of shares indicated as of December 31, 2012. |

|          |                                                                                 |
|----------|---------------------------------------------------------------------------------|
| Item 13. | Certain Relationships and Related Transactions, and Director Independence.  |

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|          |                                              |
|----------|----------------------------------------------|
| Item 14. | Principal Accountant Fees and Services.  |

|                    |
|--------------------|
|                    |  |  |  |  |  |  |  |
|               | Fiscal 2012 |   | Fiscal 2013 |
| Audit Fees         | $ | 1,703,205 |  |   | $ | 1,692,450 |  |
| Audit-Related Fees | — |  |   | — |  |
| Tax Fees           | 353,407 |  |   | 353,513 |  |
| All Other Fees     | 1,650 |  |   | 135,632 |  |
| Total              | $ | 2,058,262 |  |   | $ | 2,181,595 |  |

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Table of Contents

|          |                                                  |
|----------|--------------------------------------------------|
| Item 15. | Exhibits and Financial Statement Schedules.  |

|                  |
|------------------|
|                  |  |  |
| Exhibit No. |   | Description of Exhibit |
|   31A  |   | Certification of the Principal Executive Officer Pursuant to 17 CFR 240.13a-14(a), as Adopted Pursuant to §302 of the Sarbanes-Oxley Act of 2002. |
|   31B  |   | Certification of the Principal Financial Officer Pursuant to 17 CFR 240.13a-14(a), as Adopted Pursuant to §302 of the Sarbanes-Oxley Act of 2002. |
|   32   |   | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to §906 of the Sarbanes-Oxley Act of 2002. |

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|        |
|--------|
|        |  |
| By:    | /s/    JEFFREY W. BENCK |
|   | Jeffrey W. BenckPresident and Chief Executive Officer |

----

Table of Contents

|                   |
|-------------------|
|                   |  |  |
| Exhibit No.  |   | Description of Exhibit |
|   31A * |   | Certification of the Principal Executive Officer Pursuant to 17 CFR 240.13a-14(a), as Adopted Pursuant to §302 of the Sarbanes-Oxley Act of 2002. |
|   31B * |   | Certification of the Principal Financial Officer Pursuant to 17 CFR 240.13a-14(a), as Adopted Pursuant to §302 of the Sarbanes-Oxley Act of 2002. |
|   32 *  |   | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to §906 of the Sarbanes-Oxley Act of 2002. |

|   |                 |
|---|-----------------|
| * | Filed herewith. |