Document:

Offer letter with Dennis Bencala

 Exhibit 10.8 

August 2, 2010 
 Dennis Bencala

 [address] 
 Dear Dennis, 

I am pleased to extend an offer of employment with Ikanos Communications Inc. (the “Company” or “Ikanos”) under the terms and
conditions that follow: 
  

	1	Position and Duties: 

 You are being
offered the position of Chief Financial Officer and Vice President of Finance, currently reporting to myself, in the Finance organization. You will perform the duties and responsibilities of the Chief Financial Officer and Vice President of Finance,
as well as such additional duties and responsibilities as the Company assigns to you from time to time. 
 You will be employed by Ikanos,
working in our Fremont, CA, office, as a regular full-time, salaried, exempt employee, which does not qualify you for overtime pay. 
  

	2	Compensation and Benefits: 

 During your
employment the Company will provide you with the following pay and benefits as compensation for all services you performed for the Company and its Affiliates: 

.1 Base Salary.    Your starting bi-weekly salary will be $9,038.47, equivalent to an annualized amount of
$235,000.00, which will be payable according to the regular payroll practices of the Company. Future salary adjustments will be determined by the Company in its sole discretion. 

.2 Executive Bonus Plan.    You will also be eligible to participate in the approved 2010 Executive Bonus Plan at
a target bonus potential of 50% of your base salary. MBO’s for the remainder of the fiscal year will be established between you and your manager after you join us. Any payments under the Bonus Plan will be made no later than
2 1/2 months following the end of the year in which
such bonus is earned. 
 .3 Participation in Employee Benefit Plans.    You will be eligible
to participate in all of the employee benefit plans that the Company customarily maintains from time to time for its full-time employees of similar positions and responsibilities, except to the extent that such plans are duplicative of benefits
otherwise provided to you pursuant to this letter. Your participation will be subject to the terms of the applicable plan documents and generally other applicable Company policies. 

.4 Equity Awards.    An important component of our compensation package includes the opportunity for ownership in
our Company. After your date of employment and upon approval of the Board of Directors, management will recommend that the Company grant you 300,000 options to purchase the Company’s common stock. The per-share exercise price of the
options will equal the closing market price of the Company’s common stock on the day the option is granted. These stock options will vest over a four year period. 

	3	Change in Control: 

In the event the Company undergoes a Change of
Control1, and if within twelve (12) months of that
Change of Control the Company or its successor-in-interest terminates your employment without
Cause2, or if you terminate your employment for Good
Reason3, then subject to your execution and nonrevocation
of a general release of claims (as described below), you shall be entitled to (i) a lump sum cash severance payment equal to six (6) months of your base salary and 50% of your annual bonus target payable sixty (60) days following your
termination of employment; (ii) reimbursement of up to six (6) months of the cost of COBRA health benefits (which will terminate upon your acceptance of subsequent employment with a company where health benefits are offered); and
(iii) acceleration of 50% of your unvested stock position at the time your employment is terminated (collectively referred to as the (Severance Benefits”). 

As a condition of receipt of the Severance Benefits provided above you must deliver to the Company an executed copy of a general release and waiver of
claims against the Company, and its affiliates, directors, officers and employees (the “Release”) in the form provided by the Company. The executed Release must be delivered by you to the Company prior to the end of the consideration
period stated in the Release, which consideration period will end not later than fifty (50) days following your termination of employment. If you fail to deliver the Release within the consideration period stated in the Release or you exercise
any right provided to you in the Release to revoke the Release, you will not be eligible to receive the Severance Benefits. 

Section 409A: 
 Notwithstanding any
provision hereof to the contrary, if, as of the date of your “separation from service” from the Company, you are a “specified employee” (each, for purposes of this letter agreement, within the meaning of Section 409A of the
Internal Revenue Code of 1986 and the guidance issued thereunder (“Section 409A”)), then the severance payments that would otherwise be paid within the six-month period following your “separation from service” shall not be paid
until the date that is six months and one day after such separation from service (or, if earlier, the date of your death), with any such amount that is required to be delayed being accumulated during the six-month period and paid in a lump sum on
the date that is six months and one day following your separation from service; provided, however, that the preceding provisions of this sentence shall not apply to any payment if and to the maximum extent that such payment is excluded from the
definition of nonqualified deferred compensation subject to Section 409A, or can otherwise be paid during such six-month period without violating the requirements of Section 409A(a)(2) under applicable guidance under Section 409A.
Such payment shall bear interest at an annual rate equal to the prime rate as set forth in the Eastern edition of the Wall Street Journal on the date of termination, from the date of termination to the date of payment. 

Your date of termination for purposes of determining the date that any payment that is treated as nonqualified deferred compensation under
Section 409A is to be paid or provided (or in determining whether an exemption to such treatment applies), shall be the date on which you have incurred a “separation from service” within the meaning of applicable guidance under
Section 409A. 
  

	4	At-Will Employment: 

 This letter and
your response are not meant to constitute a contract of employment for a specific term. Your employment with Ikanos is “at-will,” which means that if you accept this offer, both you and the Company will retain the right to terminate your
employment at any time, with or without prior notice or cause. We do ask that you give a minimum of two (2) weeks written notice if you decide to resign. 
  

	5	Miscellaneous Provisions: 

 This letter
and the accompanying Ikanos Employee Confidential Information and Invention Assignment Agreement set forth all of the terms of your employment with Ikanos and no prior and contemporaneous communication, agreements and understandings, whether written
or oral shall apply, with respect to the terms and conditions of your employment and the additional matters provided for herein. THIS LETTER AMENDS, RESTATES AND SUPERCEDES ALL OTHER OFFER LETTERS OR EMPLOYMENT AGREEMENTS SIGNED BY YOU. You agree
that there were no promises or commitments made to you regarding your employment with Ikanos except as set forth in this letter or in the Employee Confidential Information and Invention Assignment Agreement. 

The provisions contained herein shall be construed and interpreted in accordance with the laws of the State of California, without regard to the conflict
of laws principles thereof. Each such provision is severable from the others, and if any provision hereof shall be declared illegal or unenforceable by a court of competent jurisdiction, the remainder shall continue to be enforceable to the fullest
extent permitted by law, as if such offending provision had not been a part of this offer letter. 
 This offer is contingent upon the
successful completion of each of the following: (i) your executing this letter; (ii) your executing the Employee Confidential Information and Invention Assignment Agreement; (iii) your providing documentation of your legal right to
work in the United States with three (3) business days of your date of hire; and (iv) the completion of a satisfactory reference and background check. 

 If the foregoing is acceptable to you, please sign this letter in the space provided below and return to Jim
Murphy, Vice President Worldwide Human Resources. 
 Dennis, Ikanos is an exciting endeavor. We offer an exciting, rewarding work environment and
you, and your contributions will be an important component of our on-going success. We look forward to working with you at Ikanos. 
 Very
sincerely yours, 
 Ikanos Communications, Inc. 

Dado Banatao 
 Chairman 

Acceptance: 
 I,
                                        ,
have read and accept the terms of this offer of employment with Ikanos Communications Inc. and I agree to the terms set forth above and in the Employee Confidential Information and Invention Assignment Agreement. 

 

																	
	  	  	 	  	 	  	 	  	 	  	 	  	 	 	 	  	 
	  	  	  	  	 	  	 	  	 	  	 	  	 	 	  	  	 
	 Signature
	  		  		  		  		  		  		 	Date	  	

  
  

1
 “Change of Control” means either: (i) the acquisition of the Company by another entity by means of any transaction or series of related transactions (including,
without limitation, any reorganization, merger or consolidation or stock transfer, but excluding any such transaction effected primarily for the purpose of changing the domicile of the Company), unless the Company’s stockholders of record
immediately prior to such transaction or series of related transactions hold, immediately after such transaction or series of related transactions, at least 50% of the voting power of the surviving or acquiring entity (provided that the sale by the
Company of its securities for the purposes of raising additional funds will not constitute a Change of Control hereunder); or (ii) a sale of all or substantially all of the assets of the Company. 

2
 “Cause”, as used herein means (i) your failure to perform assigned duties or responsibilities after notice from the Company describing your failure to perform
such duties and responsibilities; (ii) your engaging in any act of dishonesty, fraud or misrepresentation; (iii) your violation of any federal or state law or regulation applicable to the Company’s business; (iv) your breach of
any confidentiality agreement or invention assignment agreement between you and the Company; or (v) being convicted of, or entering a plea of nolo contendere to, any crime or committing any act of moral turpitude. 

3
 “Good Reason,” means any of the following that occurs in connection with a Change of Control and without your express written consent: (i) a reduction of your
duties, position or responsibilities; (ii) a reduction by the Company in your base salary, as in effect immediately prior to such reduction; (iii) a material reduction by the Company in the kind or level of employee benefits to which you
are entitled immediately prior to such reduction, with the result that your overall benefits package is significantly reduced; or (iv) your relocation to a facility or a location more than 50 miles from your then present office location.Offer letter with John Quigley

 Exhibit 10.9 

August 3, 2010 
 Mr. John Quigley

 [address] 
 Dear John, 

I am pleased to extend an offer to you to become Chief Executive Officer of Ikanos Communications Inc. (the “Company” or “Ikanos”)
under the terms and conditions that follow: 
  

	6	Position and Duties: 

 You are being
offered the position of Chief Executive Officer reporting to the Board of Directors. You will perform the duties and responsibilities typically expected of a Chief Executive Officer as well as such additional duties and responsibilities as the Board
of Directors assigns to you from time to time. 
 You will continue to be employed by Ikanos, working in our Fremont, CA, office, as a regular
full-time, salaried, exempt employee, which does not qualify you for overtime pay. 
  

	7	Compensation and Benefits: 

 Effective
upon your election as Chief Executive Officer, the Company will provide you with the following pay and benefits as compensation for all services you performed for the Company and its Affiliates: 

.1 Base Salary.    Your starting bi-weekly salary will be $13,461.54, equivalent to an annualized amount of
$350,000.00, which will be payable according to the regular payroll practices of the Company. Future salary adjustments will be determined by the Company in its sole discretion. 

.2 Executive Bonus Plan.    You will also be eligible to participate in the approved 2010 Executive Bonus Plan at
a target bonus potential of 75% of your base salary. MBO’s for the remainder of the fiscal year will be established between you and your manager after your election. Any payments under the Bonus Plan will be made no later than
2 1/2 months following the end of the year in which
such bonus is earned. 
 .3 Participation in Employee Benefit Plans.    You will continue to
be eligible to participate in all of the employee benefit plans that the Company customarily maintains from time to time for its full-time employees of similar positions and responsibilities, except to the extent that such plans are duplicative of
benefits otherwise provided to you pursuant to this letter. Your participation will be subject to the terms of the applicable plan documents and generally other applicable Company policies. 

.4 Equity Awards.    An important component of our compensation package includes the opportunity for ownership in
our Company. In addition to any options currently held by you, the Board of Directors has approved that the Company grant you 150,000 options to purchase the Company’s common stock. The per-share exercise price of the options will equal
the closing market price of the Company’s common stock on the day the option is granted. These stock options will vest over a four year period. 
  

	8	Change in Control: 

In the event the Company undergoes a Change of
Control1, and if within twelve (12) months of that
Change of Control the Company or its successor-in-interest terminates your employment without
Cause2, or if you terminate your employment for Good
Reason3, then subject to your execution and nonrevocation
of a general release of claims (as described below), you shall be entitled to (i) a lump sum cash severance payment equal to six (6) months of your base salary and 50% of your annual bonus target payable sixty (60) days following your
termination of employment; (ii) reimbursement of up to six (6) months of the cost of COBRA health benefits (which will terminate upon your acceptance of subsequent employment with a company where health benefits are offered); and
(iii) acceleration of 50% of your unvested stock position at the time your employment is terminated (collectively referred to as the (Severance Benefits”). 

 As a condition of receipt of the Severance Benefits provided above you must deliver to the Company an
executed copy of a general release and waiver of claims against the Company, and its affiliates, directors, officers and employees (the “Release”) in the form provided by the Company. The executed Release must be delivered by you to the
Company prior to the end of the consideration period stated in the Release, which consideration period will end not later than fifty (50) days following your termination of employment. If you fail to deliver the Release within the consideration
period stated in the Release or you exercise any right provided to you in the Release to revoke the Release, you will not be eligible to receive the Severance Benefits. 

Section 409A: 
 Notwithstanding any
provision hereof to the contrary, if, as of the date of your “separation from service” from the Company, you are a “specified employee” (each, for purposes of this letter agreement, within the meaning of Section 409A of the
Internal Revenue Code of 1986 and the guidance issued thereunder (“Section 409A”)), then the severance payments that would otherwise be paid within the six-month period following your “separation from service” shall not be paid
until the date that is six months and one day after such separation from service (or, if earlier, the date of your death), with any such amount that is required to be delayed being accumulated during the six-month period and paid in a lump sum on
the date that is six months and one day following your separation from service; provided, however, that the preceding provisions of this sentence shall not apply to any payment if and to the maximum extent that such payment is excluded from the
definition of nonqualified deferred compensation subject to Section 409A, or can otherwise be paid during such six-month period without violating the requirements of Section 409A(a)(2) under applicable guidance under Section 409A.
Such payment shall bear interest at an annual rate equal to the prime rate as set forth in the Eastern edition of the Wall Street Journal on the date of termination, from the date of termination to the date of payment. 

Your date of termination for purposes of determining the date that any payment that is treated as nonqualified deferred compensation under
Section 409A is to be paid or provided (or in determining whether an exemption to such treatment applies), shall be the date on which you have incurred a “separation from service” within the meaning of applicable guidance under
Section 409A. 
  

	9	At-Will Employment: 

 This letter and
your response are not meant to constitute a contract of employment for a specific term. Your employment with Ikanos is “at-will,” which means that if you accept this offer, both you and the Company will retain the right to terminate your
employment at any time, with or without prior notice or cause. We do ask that you give a minimum of two (2) weeks written notice if you decide to resign. 
  

	10	Miscellaneous Provisions: 

 This letter
and the Ikanos Employee Confidential Information and Invention Assignment Agreement previously executed by you set forth all of the terms of your employment with Ikanos and no prior and contemporaneous communication, agreements and understandings,
whether written or oral shall apply, with respect to the terms and conditions of your employment and the additional matters provided for herein. You agree that there were no promises or commitments made to you regarding your employment with Ikanos
except as set forth in this letter or in the Employee Confidential Information and Invention Assignment Agreement. 
 The provisions contained
herein shall be construed and interpreted in accordance with the laws of the State of California, without regard to the conflict of laws principles thereof. Each such provision is severable from the others, and if any provision hereof shall be
declared illegal or unenforceable by a court of competent jurisdiction, the remainder shall continue to be enforceable to the fullest extent permitted by law, as if such offending provision had not been a part of this offer letter. 

This offer is contingent upon your executing this letter. 

Please sign this letter in the space provided below and return to Jim Murphy, Vice President Worldwide Human Resources. 

We look forward to working with you as Chief Executive Officer of Ikanos. 

Very sincerely yours, 

 Ikanos Communications, Inc. 

Dado Banatao 
 Chairman 

Acceptance: 
 I,
                                         
                                    , have read and accept the terms of
this offer of employment with Ikanos Communications Inc. and I agree to the terms set forth above and in the Employee Confidential Information and Invention Assignment Agreement. 

 

					
	  	 		 	  
	Signature	 		 	Date

  

 
 
1 A “Change of Control” means either:
(i) the acquisition of the Company by another entity by means of any transaction or series of related transactions (including, without limitation, any reorganization, merger or consolidation or stock transfer, but excluding any such transaction
effected primarily for the purpose of changing the domicile of the Company), unless the Company’s stockholders of record immediately prior to such transaction or series of related transactions hold, immediately after such transaction or series
of related transactions, at least 50% of the voting power of the surviving or acquiring entity (provided that the sale by the Company of its securities for the purposes of raising additional funds will not constitute a Change of Control hereunder);
or (ii) a sale of all or substantially all of the assets of the Company. 

2
 “Cause”, as used herein means (i) your failure to perform assigned duties or responsibilities after notice from the Company describing your failure to perform
such duties and responsibilities; (ii) your engaging in any act of dishonesty, fraud or misrepresentation; (iii) your violation of any federal or state law or regulation applicable to the Company’s business; (iv) your breach of
any confidentiality agreement or invention assignment agreement between you and the Company; or (v) being convicted of, or entering a plea of nolo contendere to, any crime or committing any act of moral turpitude. 

3
 “Good Reason,” means any of the following that occurs in connection with a Change of Control and without your express written consent: (i) a reduction of your
duties, position or responsibilities; (ii) a reduction by the Company in your base salary, as in effect immediately prior to such reduction; (iii) a material reduction by the Company in the kind or level of employee benefits to which you
are entitled immediately prior to such reduction, with the result that your overall benefits package is significantly reduced; or (iv) your relocation to a facility or a location more than 50 miles from your then present office location.

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