Document:

EX-10.3

 Exhibit 10.3 

INTELLECTUAL PROPERTY MATTERS AGREEMENT 

BY AND BETWEEN 

JDS UNIPHASE CORPORATION 

AND 

LUMENTUM OPERATIONS LLC 

[•], 2015 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	 ARTICLE I
	 	 DEFINITIONS
	  	 	2	  
			
	 1.1
	 	 Certain Definitions
	  	 	2	  
			
	 1.2
	 	 Other Terms
	  	 	12	  
			
	 ARTICLE II
	 	 TRANSFERRED INTELLECTUAL PROPERTY RIGHTS AND TECHNOLOGY
	  	 	13	  
			
	 2.1
	 	 Assignments from JDSU to Lumentum
	  	 	14	  
			
	 2.2
	 	 Assignments from Lumentum to JDSU
	  	 	15	  
			
	 2.3
	 	 Transfer of Business Technology and JDSU Technology
	  	 	16	  
			
	 2.4
	 	 Common Infrastructure Copyrights
	  	 	16	  
			
	 2.5
	 	 Common Infrastructure Trade Secrets
	  	 	16	  
			
	 2.6
	 	 No Limitation of Assignment in Contribution Agreement
	  	 	17	  
			
	 ARTICLE III
	 	 LICENSES FROM JDSU TO LUMENTUM
	  	 	17	  
			
	 3.1
	 	 License Grants
	  	 	17	  
			
	 3.2
	 	 Have Made Rights
	  	 	18	  
			
	 3.3
	 	 Sublicenses
	  	 	19	  
			
	 3.4
	 	 Improvements
	  	 	19	  
			
	 3.5
	 	 JDSU Restricted Patents
	  	 	19	  
			
	 ARTICLE IV
	 	 LICENSES FROM LUMENTUM TO JDSU
	  	 	19	  
			
	 4.1
	 	 License Grants
	  	 	19	  
			
	 4.2
	 	 Have Made Rights
	  	 	21	  
			
	 4.3
	 	 Sublicenses
	  	 	21	  
			
	 4.4
	 	 Improvements
	  	 	22	  
			
	 4.5
	 	 Lumentum Restricted Patents
	  	 	22	  
			
	 ARTICLE V
	 	 TRADEMARK LICENSE
	  	 	22	  
			
	 5.1
	 	 License Grant
	  	 	22	  
			
	 5.2
	 	 License Restrictions
	  	 	23	  
			
	 5.3
	 	 License Undertakings
	  	 	23	  
			
	 5.4
	 	 JDSU Reservation Of Rights
	  	 	23	  
			
	 5.5
	 	 Lumentum Reservation Of Rights
	  	 	24	  
			
	 5.6
	 	 References to the Other Party
	  	 	24	  
			
	 5.7
	 	 Sublicenses To Subsidiaries and Contract Manufacturers
	  	 	24	  
			
	 5.8
	 	 Authorized Dealers’ Use Of Marks
	  	 	24	  
			
	 5.9
	 	 Trademark Usage Guidelines
	  	 	25	  
			
	 5.10
	 	 Infringement Proceedings
	  	 	25	  

  
 i 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 5.11
	 	 Registration; Maintenance of Licensed Trademarks
	  	 	25	  
			
	 ARTICLE VI
	 	 ADDITIONAL INTELLECTUAL PROPERTY RELATED MATTERS
	  	 	26	  
			
	 6.1
	 	 Assignments and Licenses
	  	 	26	  
			
	 6.2
	 	 Assistance By Employees
	  	 	26	  
			
	 6.3
	 	 Inventor Compensation
	  	 	26	  
			
	 6.4
	 	 No Implied Licenses
	  	 	26	  
			
	 6.5
	 	 No Field Restrictions For Patent Licensing
	  	 	26	  
			
	 6.6
	 	 No Obligation to Prosecute Patents
	  	 	26	  
			
	 6.7
	 	 Reconciliation
	  	 	27	  
			
	 6.8
	 	 Technical Assistance
	  	 	27	  
			
	 6.9
	 	 Third-Party Infringement
	  	 	27	  
			
	 6.10
	 	 Copyright Notices
	  	 	27	  
			
	 6.11
	 	 No Challenge to Title
	  	 	27	  
			
	 6.12
	 	 Dispute Resolution
	  	 	28	  
			
	 ARTICLE VII
	 	 CONFIDENTIAL INFORMATION
	  	 	28	  
			
	 7.1
	 	 Confidential Information
	  	 	28	  
			
	 7.2
	 	 Contract Manufacturing
	  	 	28	  
			
	 7.3
	 	 Source Code
	  	 	28	  
			
	 7.4
	 	 Trade Secrets
	  	 	28	  
			
	 ARTICLE VIII
	 	 LIMITATION OF LIABILITY AND WARRANTY DISCLAIMER
	  	 	29	  
			
	 8.1
	 	 Limitation of Liability
	  	 	29	  
			
	 8.2
	 	 Warranties Disclaimer
	  	 	29	  
			
	 ARTICLE IX
	 	 TRANSFERABILITY AND ASSIGNMENT
	  	 	29	  
			
	 9.1
	 	 No Assignment Or Transfer Without Consent
	  	 	29	  
			
	 9.2
	 	 Sale of All or Part of the Business
	  	 	30	  
			
	 ARTICLE X
	 	 NON-COMPETITION AND COVENANT NOT TO SUE
	  	 	31	  
			
	 10.1
	 	 Non-Compete
	  	 	31	  
			
	 10.2
	 	 Limited Exceptions
	  	 	31	  
			
	 10.3
	 	 Mutual Covenant Not To Sue
	  	 	32	  

  
 ii 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 ARTICLE XI
	 	 REVOCATION AND TERMINATION OF LICENSE RIGHTS
	  	 	32	  
			
	 11.1
	 	 Revocation of License for Breach
	  	 	32	  
			
	 11.2
	 	 Termination by Third Party
	  	 	32	  
			
	 11.3
	 	 Effect of Revocation or Termination; Survival
	  	 	32	  
			
	 ARTICLE XII
	 	 MISCELLANEOUS
	  	 	33	  
			
	 12.1
	 	 Corporate Power; Facsimile Signatures
	  	 	33	  
			
	 12.2
	 	 Governing Law; Submission to Jurisdiction; Waiver of Trial
	  	 	33	  
			
	 12.3
	 	 Survival of Covenants
	  	 	34	  
			
	 12.4
	 	 Waivers of Default
	  	 	34	  
			
	 12.5
	 	 Force Majeure
	  	 	34	  
			
	 12.6
	 	 Notices
	  	 	34	  
			
	 12.7
	 	 Termination
	  	 	35	  
			
	 12.8
	 	 Severability
	  	 	35	  
			
	 12.9
	 	 Entire Agreement
	  	 	35	  
			
	 12.10
	 	 Specific Performance
	  	 	35	  
			
	 12.11
	 	 Amendment
	  	 	35	  
			
	 12.12
	 	 Rules of Construction
	  	 	36	  
			
	 12.13
	 	 Counterparts
	  	 	36	  

  
 iii 

 EXHIBITS 
  

			
		
	A-1		Form of JDSU PATENT ASSIGNMENT AGREEMENT
		
	A-2		Form of JDSU TRADEMARK ASSIGNMENT AGREEMENT
		
	B-1		Form of LUMENTUM PATENT ASSIGNMENT AGREEMENT
		
	B-2		Form of LUMENTUM TRADEMARK ASSIGNMENT AGREEMENT
		
	C		SCHEDULE OF TRANSFERRED PATENTS
		
	D		SCHEDULE OF CERTAIN TRANSFERRED INTELLECTUAL PROPERTY RIGHTS
		
	E		LICENSED MARKS
		
	10.2(a)		JDSU COMPETITIVE PRODUCTS
		
	10.2(b)		LUMENTUM COMPETITIVE PRODUCTS

  
 iv 

 INTELLECTUAL PROPERTY MATTERS
AGREEMENT 
 This INTELLECTUAL PROPERTY MATTERS AGREEMENT
(this “Agreement”), dated as of [•], 2015 (“Effective Date” or “Contribution Date”), is by and between JDS Uniphase Corporation, a Delaware corporation
which is anticipated to be renamed Viavi Solutions, Inc. (“JDSU”), and Lumentum Operations LLC, a Delaware limited liability company (“Lumentum”). Certain terms used in this Agreement are defined in
Section 1.1. 
 R E C I T A
L S 
 WHEREAS, JDSU transferred certain assets and liabilities to
Lumentum (the “Contribution”) in consideration for one hundred percent (100%) of the membership interests in Lumentum (the “Membership Interest”) pursuant to that certain
CONTRIBUTION AGREEMENT entered into by and between Lumentum and JDSU dated concurrently with this Agreement (the “CONTRIBUTION
AGREEMENT”); and 
 WHEREAS, after the Contribution, JDSU
will transfer its Membership Interest to Lumentum Inc. in consideration for [•] shares of Common Stock of Lumentum Inc., par value $0.001 (the “Lumentum Common Stock”), [•] shares of Series A Preferred Stock of
Lumentum Inc. (the “Lumentum Series A Stock”) and [•] shares of Series B Preferred Stock of Lumentum Inc. (the “Lumentum Series B Stock”). 

WHEREAS, pursuant to the SEPARATION AND DISTRIBUTION
AGREEMENT to be entered into by and among Lumentum, Lumentum Holdings Inc. (“Holdings”) and JDSU (the “Separation Agreement”), JDSU will contribute all of the Lumentum
Common Stock and Lumentum, Series B Stock it holds to Holdings; 
 WHEREAS, also pursuant to the
Separation Agreement, JDSU will be distributing the Common Stock of Holdings (the “Holdings Common Stock”), all of which is held by JDSU as of immediately prior to the Effective Date, to the holders of issued and outstanding
shares of the Common Stock of JDSU by means of a pro rata distribution of one share of Holdings Common Stock for every five shares of JDSU Common Stock held thereby (“Distribution”); and 

WHEREAS, it is the intent of the parties, in accordance with the CONTRIBUTION
AGREEMENT and the other agreements and instruments provided for therein, that JDSU convey, and cause its Affiliates to convey, to Lumentum and its Affiliates substantially all of the business and assets of the
Lumentum Business and that Lumentum and its Affiliates assume certain of the liabilities related to the Lumentum Business; and 

WHEREAS, it is the intent of the Parties, in accordance with the CONTRIBUTION
AGREEMENT, that JDSU convey, and cause its Affiliates to convey, certain intellectual property rights and certain technology to Lumentum, and to license certain other intellectual property rights to Lumentum; and

 WHEREAS, it is the intent of the Parties, in accordance with the Separation Agreement, that Lumentum
and its Affiliates grant a license back to JDSU of the intellectual property rights received under the CONTRIBUTION AGREEMENT, subject to the terms and conditions set forth in this Agreement. 

  
 1 

 NOW, THEREFORE, in consideration of the
foregoing and the mutual covenants and agreements set forth below, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the Parties hereby agree as follows: 

Article I 

DEFINITIONS 

1.1 Certain Definitions. For purposes of this Agreement, the following terms shall have the meanings specified in this
section (or paragraph): 
 (1) “Affiliate” means, when used with respect to a specified Person, a
Person that directly or indirectly, through one (1) or more intermediaries, controls, is controlled by or is under common control with such specified Person. For the purpose of this definition, “control” (including with
correlative meanings, “controlled by” and “under common control with”), when used with respect to any specified Person, shall mean the possession, directly or indirectly, of the power to direct or
cause the direction of the management and policies of such Person, whether through the ownership of voting securities or other interests, by contract or otherwise. It is expressly agreed that, from, at and after the Distribution Effective Time, for
purposes of this Agreement, no member of the Lumentum Group shall be deemed to be Affiliates of any member of the JDSU Group, and no member of the JDSU Group shall be deemed to be an Affiliate of any member of the Lumentum Group. 

(2) “Assert” means to bring, initiate or prosecute, or in any way knowingly aid, participate or assist
in the bringing, initiation or prosecution of, either directly or indirectly, an action of any nature before any legal, judicial, arbitration, administrative, executive or other type of body or tribunal that has or claims to have authority to
adjudicate such action in whole or in part, but not any action taken in response to or as required by any court order, statute or regulation requiring production of documents or testimony. Examples of such body or tribunal include, without
limitation, State and Federal Courts in the United States, the United States International Trade Commission and any foreign counterparts of any of the foregoing. 

(3) “Authorized Dealer” means any distributor, dealer, customer, systems integrator, or other agent that
on or after the Effective Time is authorized by Lumentum or any of its Affiliates to market, advertise, Sell, lease, rent, service, distribute or otherwise offer a Licensed Transitional Product. 

(4) “Business Technology” means all Technology used in designing, developing, manufacturing, Selling,
Servicing, providing or supporting products and services of the Lumentum Business as it exists on the Effective Date. 
 (5)
“Change of Control” means with respect to either party, a transaction in which any of the following occurs, whether directly or indirectly: (a) a Third Party acquires all or substantially all of such party’s
assets; or (b) a Third Party acquires greater than fifty percent (50%) ownership interest, direct or indirect, in the outstanding shares or stock entitled to vote for the election of directors of such party, or (c) a Third Party
otherwise acquires the ability to control or direct the management, policies, or affairs of such party. 
 (6)
“Collateral Materials” means all packaging, tags, labels, instructions, warranties and other materials of any similar type associated with the Licensed Transitional Products that are marked with at least one of the
Licensed Marks and distributed to the customer in connection with the Sale and Service of the Licensed Transitional Product as well as end user license agreements and other agreements or licenses relating to a Licensed Transitional Product. 

(7) “Common Infrastructure Copyrights” means copyrights that relate to the common infrastructure of JDSU
and the Lumentum Business on the Effective Date, including, for example, JDSU corporate policies, manuals, and employee training materials. 

  
 2 

 (8) “Common Infrastructure Trade Secrets” means trade
secrets that relate to the common infrastructure of JDSU and the Lumentum Business on the Effective Date. 
 (9)
“Contract Manufacturer” means any Third Party who manufactures Licensed Transitional Products for Lumentum or its Affiliates under written agreements and Sells such Licensed Transitional Products only to Lumentum or its
Affiliates. 
 (10) “Contribution Effective Time” means the time at which the Contribution occurs on
the Distribution Date, which shall be deemed to be 12:01 a.m., New York City time. 
 (11) “CPL” means
a party’s published corporate price list immediately after the Effective Date. Without limiting the foregoing, references to the Lumentum CPL shall be deemed to include products listed in the JDSU CPL that the parties intend to transfer to
Lumentum as part of the Lumentum Business, and references to the JDSU CPL shall be deemed to exclude any such products. 
 (12)
“Distribution Date” means the date on which JDSU commences distribution of all of the issued and outstanding shares of Holdings Common Stock to the holders of JDSU Common Stock. 

(13) “Excluded Assets” means those assets that the JDSU Group owns pursuant to the
CONTRIBUTION AGREEMENT, which include but are not limited to the Excluded Intellectual Property Rights and the Excluded Licenses. 

(14) “Excluded Intellectual Property Rights” means all Intellectual Property Rights that are owned by
any member of the JDSU Group or the Lumentum Group, other than the Transferred Intellectual Property Rights, the Common Infrastructure Copyrights and the Common Infrastructure Trade Secrets. 

(15) “Excluded Licenses” means all agreements between JDSU or its Affiliates and a Third Party that
provide a license to Intellectual Property Rights that are owned by any member of the JDSU Group or the Lumentum Group, other than the Transferred Licenses. 

(16) “Excluded Patents” means all Patents that are owned by any member of the JDSU Group or the Lumentum
Group, other than the Transferred Patents. 
 (17) “Excluded Trade Secrets” means all Trade Secrets
that are owned by any member of the JDSU Group or the Lumentum Group, other than the Transferred Trade Secrets and the Common Infrastructure Trade Secrets. 

(18) “First Effective Filing Date” means the earliest effective filing date in the particular country
for any Patent or any Patent application. By way of example, it is understood that the First Effective Filing Date for a United States Patent is the earlier of (a) the actual filing date of the application which issued into the Patent or
(b) the priority date under 35 U.S.C. §119 or §120 for such Patent. 
 (19) “Governmental
Authority” means any nation or government, any state, municipality or other political subdivision thereof, and any entity, body, agency, commission, department, board, bureau, court, tribunal or other instrumentality, whether federal,
state, local, domestic, foreign, transnational or multinational, exercising executive, legislative, judicial, regulatory, administrative or other similar functions of, or pertaining to, government or any executive official thereof. 

  
 3 

 (20) “Improvement” to any Intellectual Property Right or
Technology means (a) with respect to Copyrights, any modifications, derivative works, enhancement and translations of works of authorship in any medium, (b) with respect to Database Rights, any database that is created by extraction or
re-utilization of another database, (c) with respect to Patents, any patentable improvement or modification to any Patents, and (d) with respect to Technology, any adaptation, derivative, improvement or modification of or incorporated into
Technology. 
 (21) “Intellectual Property Rights” or “IPR” means the rights
associated with the following anywhere in the world: (a) patents and utility models, and applications therefore (including any continuations, continuations-in-part, divisionals, reissues, renewals, extensions or modifications for any of the
foregoing) (“Patents”); (b) trade secrets, know-how and all other rights in or to confidential business or technical information (“Trade Secrets”); (c) copyrights, copyright registrations and
applications therefore, moral rights and all other rights corresponding to the foregoing (“Copyrights”); (d) uniform resource locators and registered internet domain names (“Internet Properties”);
(e) industrial design rights and any registrations and applications therefore (“Industrial Designs”); (f) databases and data collections (including knowledge databases, customer lists and customer databases) under
the laws of any jurisdiction, whether registered or unregistered, and any applications for registration therefor (“Database Rights”); (g) mask works, and mask work registrations and applications therefor
(“Mask Work Rights”); (h) Marks; and (i) any similar, corresponding or equivalent rights to any of the foregoing. Intellectual Property Rights specifically excludes contractual rights (including license grants from
Third Parties) and also excludes the tangible embodiment of any of the foregoing in subsections (a) – (i). 
 (22)
“JDSU Business” means the network enablement (excluding the WaveReady Business), service enablement and optical security and performance product businesses conducted prior to the Effective Time by any member of the JDSU
Group, including (A) the businesses set forth on SCHEDULE 1.1(28) of the CONTRIBUTION AGREEMENT, and (B) any other businesses or operations conducted
primarily through the use of the Excluded Assets; and specifically excluding the Lumentum Business. 
 (23) “JDSU
Commercial Software” means software products commercially released by a member of the JDSU Group and listed on a JDSU CPL immediately after the Effective Date, or (if applicable) that has been released by a member of the JDSU Group to
Third Parties for beta testing immediately after the Effective Date. 
 (24) “JDSU Current Processes”
means any methods of manufacture, assembly or testing in use by the JDSU Business for JDSU Current Products immediately after the Effective Date. 

(25) “JDSU Current Products” means (a) the products and services of the JDSU Business that are
generally, commercially available and existing immediately after the Effective Date and (b) new products and services of the JDSU Business that are generally commercially released before the date that is one year after the Distribution Date.

 (26) “JDSU Excluded IP” means all Intellectual Property Rights and Technology related to the
following: 
 Network Enablement: 
  

	 	(a)	Products for performing design and conformance tests for optical networks, network elements, and subassemblies in a laboratory and manufacturing environment. 

  
 4 

	 	(b)	Products for fiber optic inspection and cleaning, including handheld light sources, power meters and kits; optical fiber inspection, testing and certification tools; fiber handling tools; fault
locators; live fiber identifiers; probe microscopes; and fiber cleaning tools. 

  

	 	(c)	Products for the testing of telecommunications networks, limited to : (i) Multi-service test platforms for fiber, Ethernet, copper, Cable, WiFi, and DSL technologies; (ii) Triple play service
testers; (iii) Optical fiber characterization products; (iv) Remote optical fiber testing systems, and optical fiber tracing software; (v) Cable monitoring solutions; (vi) Fiber Channel analyzers; (v) Handheld Cable,
Ethernet, and IP testers; (vi) Test sets for turn-up and maintenance of fiber optic networks; (vii) Cable certifiers for LAN and copper telecommunications networks. 

 

	 	(d)	Products for access wireless, cellular and IP video testing, including wireless drive test systems; systems for radio access network monitoring; systems for radio access voice and VoIP quality
measurement; systems for radio access network data services and video testing; systems for base station and RF signal analysis of cellular technologies; systems for antenna, cable, and connector analysis. 

Service Enablement: 
  

	 	(e)	Products for Hybrid Fiber Coaxial network testing and monitoring, including network maintenance sweep meters, digital spectrum and video analyzers, return path monitoring systems, video monitoring and
troubleshooting systems for IPTV, cable and satellite. 

  

	 	(f)	Products for Virtual Network Function (VNF) throughput testing. 

  

	 	(g)	Products for performing Service Assurance testing for wireline and wireless networks, including: copper, xDSL, and Ethernet probes for Service Level testing; Service assurance solutions for fixed
Voice; SFP-based packet and data capture/packet monitoring/storage systems and associated probes. 

  

	 	(h)	Products for network, system, and application monitoring, testing, and troubleshooting limited to: performance management platform; application performance monitors; network packet monitors; network packet
monitoring switches; packet access technologies (Test Access Points); purpose built performance management adapters; and retrospective network analyzers. 

  

	 	(i)	Distributed Ethernet, Wireline and Wireless probes. 

  

	 	(j)	Any standalone software products (i.e. not firmware) for monitoring, recording, probing, filtering, auditing, testing, Geo locating, analyzing, troubleshooting, installing, activating, designing,
optimizing, or measuring network equipment, network signals, and/or network protocols. 

  
 5 

 Optical Security and Performance: 

 

	 	(k)	Document and product anti-counterfeiting, authentication, and anti-tampering products, including but not limited to pigments, inks, paints, labels, foils, taggants, threads, track and trace, and material
identification. 

  

	 	(l)	Decorative and brand enhancement including but not limited to special effects inks, foils, and labels. 

  

	 	(m)	Passive solar management products including window films. 

  

	 	(n)	Compact near-infrared spectrometers. 

 (27) “JDSU
Field” means the fields of (i) hardware instruments and software that a) assess the performance and verify the information transmitted across; b) support the installation, maintenance, development and production of; c) activate,
certify, troubleshoot, optimize or characterize, mobile and wireline telecommunications networks and IT network systems and components in the field and lab; and d) provide service assurance including for example analytics, performance and network
management, and (ii) document and product anti-counterfeiting, authentication and anti-tampering, including but not limited to, security pigments, inks, labels, foils, taggants, threads, track and trace, material identification, and derivatives
thereof; (iii) decorative and brand enhancement including but not limited to special effects inks, foils, labels and derivatives thereof; (iv) passive solar management products including window film; (v) non-fiber coupled spectral
devices and non-fiber coupled passive components for aerospace, government, medical, and spectroscopic applications; and (vi) optical thin film coatings for all applications except a) telecommunications or b) industrial, consumer, and
commercial lasers for any application (for greater clarity, optical thin film coatings for military laser applications are included within the JDSU Field). 

(28) “JDSU Group” means JDSU and each Person (other than any member of the Lumentum Group) that is a
Subsidiary of JDSU immediately prior to or after the Contribution Effective Time, which shall include those entities set forth on SCHEDULE 1.1(30) to the CONTRIBUTION
AGREEMENT, and each Person that becomes a Subsidiary of JDSU after the Distribution Effective Time. 

(29) “JDSU Improved Processes” means any Improvement to a JDSU Current Process where the Improvement is
in use for a JDSU Licensed Product at any time on or before the date that is three (3) years following the Distribution Date. 

(30) “JDSU Improved Products” means any Improvement to a JDSU Current Product where the Improvement is
released for general, commercial availability on or before the date that is three (3) years following the Distribution Date. 

(31) “JDSU Licensed IPR” means (a) the JDSU Licensed Patents and (b) all Intellectual Property
Rights other than Patents and Marks (i) which are owned by a member of the JDSU Group immediately after the Effective Date (including but not limited to the Excluded Intellectual Property Rights) or (ii) for which a member of the JDSU
Group has immediately after the Effective Date the right to grant licenses to Lumentum of the scope granted by JDSU to Lumentum (including but not limited to the Excluded Licenses) (“Sublicensed JDSU Rights”) in the
corresponding sections of Article III of this Agreement without the payment of royalties or other consideration to any Third Parties (excluding employees of a member of the JDSU Group); provided, however, that (i) no Intellectual
Property Right shall be considered JDSU Licensed IPR if it is a JDSU Restricted Patent and (ii) no JDSU Excluded IP shall be considered JDSU Licensed IPR. 

  
 6 

 (32) “JDSU Licensed Patents” means every Patent other than
the Transferred Patents, with a First Effective Filing Date prior to the date that is six (6) months after the Distribution Dates that is (i) owned by a member of the JDSU Group, or (ii) for which a member of the JDSU Group has the
right immediately after the Effective Date under such Patent to grant licenses to Lumentum of the scope granted by JDSU to Lumentum in Section 3.1 of this Agreement without the payment of royalties or other consideration to any Third
Parties (excluding employees of a member of the JDSU Group); provided, however, that no Patent shall be considered a JDSU Patent if it is a JDSU Restricted Patent. 

(33) “JDSU Licensed Processes” means the JDSU Current Processes and the JDSU Improved Processes. 

(34) “JDSU Licensed Products” means the JDSU Current Products and the JDSU Improved Products. 

(35) “JDSU Licensed Source Code” means source code versions of JDSU software included in JDSU Licensed
IPR. 
 (36) “JDSU Products” means all products and services of the businesses in which a member of
the JDSU Group is now or hereafter engaged, including the business of making (but not having made) Third Party products for Third Parties when JDSU or any of its Affiliates is acting as a contract manufacturer or foundry for such Third Parties. The
term JDSU Products includes the Technology embodied in and/or used to manufacture or deliver the products and services referred to in the preceding sentence as well as marketing and other collateral materials related thereto. 

(37) “JDSU Restricted Patent” means any Patent under which JDSU is restricted from granting a license to
Lumentum pursuant to an agreement with a Third Party. 
 (38) “JDSU Technology” means all Technology
used in designing, developing, manufacturing, Selling, Servicing, providing or supporting products and services of the JDSU Business as it exists on the Effective Date. 

(39) “Law” means any national, foreign, international, multinational, supranational, federal, state,
provincial, local or similar law (including common law), statute, code, order, directive, guidance, ordinance, rule, regulation, treaty (including any income tax treaty), license, permit, authorization, approval, consent, decree, injunction, binding
judicial or administrative interpretation or other requirement, in each case, enacted, promulgated, issued or entered by a Governmental Authority. 

(40) “Licensed Marks” means the JDSU Marks listed in EXHIBIT E. 

(41) “Licensed Transitional Products” means any of the following: (1) Lumentum Licensed Products
manufactured, fabricated or made on or before July 1st, 2020; (2) materials, inventory, parts, components or software for Lumentum Products manufactured, fabricated or made on or before
July 1st, 2020; and (3) services including maintenance (whether diagnostic, preventive, remedial, warranty or non-warranty), parts replacement, components (including software) support,
and similar services associated with items (1) and (2), pursuant to maintenance contracts or otherwise. 
 (42)
“Lumentum Assets” means the assets transferred to Lumentum pursuant to the CONTRIBUTION AGREEMENT. 

  
 7 

 (43) “Lumentum Business” means the communications and
commercial optical products (“CCOP”) business of JDSU and the WaveReady Business, including (a) the businesses and operations conducted prior to the Effective Time by Lumentum, but excluding those businesses set forth on
SCHEDULE 1.1(28) of the CONTRIBUTION AGREEMENT, (b) the businesses and operations set forth on SCHEDULE 1.1(36) of the
CONTRIBUTION AGREEMENT, and (c) any other businesses or operations conducted primarily through the use of Lumentum Assets. 

(44) “Lumentum Commercial Software” means software products commercially released by a member of the
Lumentum Group and listed on the JDSU CPL in effect immediately after the Effective Date, or (if applicable) that has been released by a member of the Lumentum Group to Third Parties for beta testing as part of the Lumentum Business immediately
after the Effective Date. 
 (45) “Lumentum Current Processes” means any methods of manufacture,
assembly or testing in use by the Lumentum Business for Lumentum Current Products immediately after the Effective Date. 
 (46)
“Lumentum Current Products” means (a) the products and services of the Lumentum Business that are generally, commercially available and existing immediately after the Effective Date and (b) new products and
services of the Lumentum Business that are generally commercially released before the date that is one year after the Distribution Date. 

(47) “Lumentum Excluded IP” means all Intellectual Property Rights and Technology related to the
following: 
  

	 	(a)	Any lasers and other light sources. 

  

	 	(b)	Laser accessories 

  

	 	(c)	Photonic power products. 

  

	 	(d)	InP/GaAs Components. 

  

	 	(e)	Passives. 

  

	 	(f)	Waveguides. 

  

	 	(g)	Lithium Niobate Modulators. 

  

	 	(h)	Solar / Concentrated Photovoltaics. 

  

	 	(i)	ROADMs and dynamic wavelength management components, modules, and subsystems. 

  

	 	(j)	Transceivers and Transponders. 

  

	 	(k)	Optical filters. 

  

	 	(l)	Amplifiers. 

  

	 	(m)	For any and all of the above (a) through to and including (l), any associated internal hardware for the chips (multiple chip designs in ROW & PLC), OSA’s, PCB/PCBA and associated
firmware and software. 

  
 8 

 (48) “Lumentum Field” means the fields of (i) optical
components, modules, subsystems, and systems for use in datacom, datacenter, telecom, mobile, access, metro, core or related communications applications, (ii) optical components, modules, subsystems, and systems for use the generation,
detection, modulation, switching and amplification of light, and (iii) industrial, consumer, and commercial lasers for any application. 

(49) “Lumentum Group” means Lumentum, Holdings and each Person that is a Subsidiary of Lumentum or
Holdings at and following the Effective Time which shall include, those entities set forth on SCHEDULE 1.1(39) to the CONTRIBUTION AGREEMENT, and each Person that becomes a Subsidiary
of Lumentum or Holdings after the Effective Time 
 (50) “Lumentum Improved Processes” means any
Improvement to a Lumentum Current Process where the Improvement is in use for a Lumentum Licensed Product at any time on or before the date that is three (3) years following the Distribution Date. 

(51) “Lumentum Improved Products” means (i) anything released within the first year and
(ii) any Improvement to a Lumentum Current Product where the Improvement is released for general, commercial availability on or before the date that is three (3) years following the Distribution Date. 

(52) “Lumentum Legacy Products” means products which 1) are not on Lumentum’s or JDSU’s
CPL in effect immediately after the Effective Date; and 2) were at one time sold by JDSU, or a predecessor-in-interest, primarily as part of the Lumentum Business. 

(53) “Lumentum Licensed IPR” means: (a) the Lumentum Licensed Patents and (b) all Intellectual
Property Rights (including Transferred Intellectual Property Rights) other than Patents and Marks (i) which are owned by a member of the Lumentum Group immediately after the Effective Date or (ii) for which a member of the Lumentum Group
has the right immediately after the Effective Date to grant licenses to JDSU of the scope granted by Lumentum to JDSU (“Sublicensed Lumentum Rights”) in the corresponding sections of Article IV of this Agreement
without the payment of royalties or other consideration to any Third Parties (excluding employees of a member of the Lumentum Group ); provided, however, that (i) no Intellectual Property Right shall be considered Lumentum Licensed IPR if it is
a Lumentum Restricted Patent and (ii) no Lumentum Excluded IP shall be considered Lumentum Licensed IPR. 
 (54)
“Lumentum Licensed Patents” means (a) the Transferred Patents, and (b) every other Patent with a First Effective Filing Date prior to the date that is six (6) months after the Distribution Date
(i) that is owned by a member of the Lumentum Group, or (ii) for which has the right immediately after the Effective Date under such Patent to grant licenses to JDSU of the scope granted by Lumentum to JDSU in Section 4.1 of
this Agreement without the payment of royalties or other consideration to any Third Parties (excluding employees of a member of the Lumentum Group); provided, however, that no Patent shall be considered a Lumentum Patent if it is a Lumentum
Restricted Patent. 
 (55) “Lumentum Licensed Processes” means the Lumentum Current Processes and the
Lumentum Improved Processes. 
 (56) “Lumentum Licensed Products” means the Lumentum Current Products
and the Lumentum Improved Products. 
 (57) “Lumentum Licensed Source Code” means source code versions
of Lumentum software included in Lumentum Licensed IPR. 

  
 9 

 (58) “Lumentum Products” means all products and services of
the Lumentum Business in which a member of the Lumentum Group is now or hereafter engaged, including the business of making (but not having made) Third Party products for Third Parties when a member of the Lumentum Group is acting as a contract
manufacturer or foundry for such Third Parties. The term Lumentum Products includes the Technology embodied in and/or used to manufacture or deliver the products and services referred to in the preceding sentence as well as marketing and other
collateral materials related thereto. 
 (59) “Lumentum Restricted Patent” means any Patent under
which Lumentum is restricted from granting a license to JDSU pursuant to an agreement with a Third Party. 
 (60)
“Mark” means any trademark, service mark, or trade name, and the like or other word, name, symbol or device or any combination thereof, used or intended to be used by a Person to identify and distinguish the products or
services of that Person from the products or services of others and to indicate the source of such products or services, including without limitation all registrations and applications therefor throughout the world and all common law and other
rights therein throughout the world. 
 (61) “Marketing Materials” means advertising, promotions,
display fixtures or similar type literature or things, in any medium, for the marketing, promotion or advertising of the Sale or Service of the Licensed Transitional Products or parts therefor that are marked with at least one of the Licensed Marks.

 (62) “Person” means an individual, a partnership, a corporation, a limited liability company, an
association, a joint stock company, a trust, a joint venture, an unincorporated organization or a governmental entity or any department, agency or political subdivision thereof. 

(63) “Sell” means to sell, transfer, lease or otherwise dispose of a product.
“Sale” and “Sold” have the corollary meanings ascribed thereto. 
 (64)
“Service” means to repair, refurbish, fix, perform any maintenance or otherwise review a Sold Licensed Transitional Product, so that such product continues to operate in normal, working conditions, or to diagnose any
existing operational issues with such Licensed Transitional Product. 
 (65) “Subsidiary” or
“subsidiary” means, with respect to any Person, any corporation, limited liability company, joint venture or partnership of which such Person (i) beneficially owns, either directly or indirectly, more than fifty percent
(50%) of (A) the total combined voting power of all classes of voting securities of such Person, (B) the total combined equity interests or (C) the capital or profit interests, in the case of a partnership, or (ii) otherwise
has the power to vote, either directly or indirectly, sufficient securities to elect a majority of the board of directors or similar governing body. 

(66) “Technology” means tangible embodiments, whether in electronic, written or other media, of
copyrightable works, technology, including designs, design and manufacturing documentation (such as bill of materials, build instructions and test reports), sales documentation (such as marketing materials, installation manuals, service manuals,
user manuals) schematics, algorithms, routines, software, databases, lab notebooks, development and lab equipment, processes, prototypes and devices. Technology does not include Intellectual Property Rights, including any Intellectual Property
Rights in any of the foregoing. 

  
 10 

 (67) “Third Party” means any Person other than a member of
the JDSU Group or a member of the Lumentum Group. 
 (68) “Trademark Usage Guidelines” means the
written guidelines for proper usage of the Licensed Mark that are in use immediately prior to the Effective Date. All such standards and guidelines may be revised and updated by JDSU from time to time in writing at the sites listed above or by
written communication to Lumentum, at JDSU’s sole discretion with regard to the product labeling standards. With regard to product labeling embedded into the manufacturing process, any such labeling that was created by JDSU and used on Licensed
Transitional Products immediately after the Effective Date will be deemed to be in compliance with any product labeling standards, provided the embedded product labeling has not been altered by Lumentum or its Affiliates. 

(69) “Transferred Copyrights” means copyright in and to the Business Technology, whether registered or
unregistered, that are owned by JDSU or by a JDSU Affiliate immediately before the Effective Date and that are primarily used in the Lumentum Business. For the avoidance of doubt, Transferred Copyrights do not include copyrights in JDSU Commercial
Software. 
 (70) “Transferred Database Rights” means database rights in and to the Business
Technology that are owned by JDSU or by a JDSU Affiliate immediately before the Effective Date and that are primarily used in the Lumentum Business. 

(71) “Transferred Industrial Designs” means industrial design rights in and to the Business Technology
that are owned by JDSU or by a JDSU Affiliate immediately before the Effective Date and that are primarily used in the Lumentum Business. 

(72) “Transferred Intellectual Property Rights” means (a) the Transferred Patents, (b) the
Transferred Copyrights, (c) the Transferred Internet Properties, (d) the Transferred Industrial Designs, (e) The Transferred Database Rights, (f) the Transferred Mask Work Rights, (g) the Transferred Trade Secrets, and
(h) the Transferred Trademarks. 
 (73) “Transferred Internet Properties” means internet
properties (including domain names) that are owned by JDSU or by a JDSU Affiliate immediately before the Effective Date and that are primarily used in the Lumentum Business, including those listed in EXHIBIT D. 

(74) “Transferred Licenses” means the agreements between JDSU or its Affiliates and a Third Party that
provide a license to Intellectual Property Rights and that are primarily used in the Lumentum Business or license Transferred Intellectual Property Rights. 

(75) “Transferred Mask Work Rights” means mask work rights, whether registered or unregistered, in and
to the Business Technology that are owned by JDSU or by a JDSU Affiliate immediately before the Effective Date and that are primarily used by the Lumentum Business. 

(76) “Transferred Patents” means the Patents in and to the Business Technology that are owned by JDSU or
by a JDSU Affiliate immediately before the Effective Date and that are primarily used in the Lumentum Business including those Patents identified on EXHIBIT C hereto which shall include any related Patent applications,
continuations, continuations-in-part, divisionals, reissues, renewals, extensions or modifications for any of the foregoing. 

(77) “Transferred Trade Secrets” means the trade secrets known to the parties that are owned by JDSU or
by a JDSU Affiliate immediately before the Effective Date and that are primarily used in the Lumentum Business. For the avoidance of any doubt Transferred Trade Secrets do not include Common Infrastructure Trade Secrets. 

  
 11 

 (78) “Transferred Trademarks” means all trademarks,
registered or unregistered, including common law marks, trade names, business name, designs, logos, and trade dress, which prior to the Effective Date were used solely with regard to Lumentum Products or were primarily used by the Lumentum Business,
specifically including but not limited to those trademarks identified on EXHIBIT D hereto, EXCEPT for the Licensed Marks. 

(79) “WaveReady Business” means all optical networking and wavelength division multiplexing systems,
products and services marketed by JDSU under the “WaveReady” product family. 
 1.2 Other Terms. Unless
otherwise defined in this Agreement, capitalized terms used in this Agreement shall have the meanings ascribed to them in the CONTRIBUTION AGREEMENT. In the event of any conflict between the
definitions in this Agreement and in the CONTRIBUTION AGREEMENT, the terms of this Agreement shall control. For purposes of this Agreement, the following terms have the meanings set forth in the
sections indicated: 
  

			
	 Term
	  	 Section

	Administrative IP Proceedings	  	Section 6.2
		
	Agreement	  	Preamble
		
	CCOP	  	Section 1.1(43)
		
	CONTRIBUTION AGREEMENT	  	Recitals
		
	Contribution	  	Recitals
		
	Contribution Date	  	Preamble
		
	Covenant IRP	  	Section 10.3
		
	Covenant Period	  	Section 10.3
		
	Covenantee	  	Section 10.3
		
	Covenantor	  	Section 10.3
		
	Distribution	  	Recitals
		
	Dispute	  	Section 6.12
		
	Effective Date	  	Preamble
		
	Excepted Field	  	Section 10.2(b)
		
	Formal IP Proceedings	  	Section 9.2(a)(v)
		
	Holdings	  	Recitals

  
 12 

			
		
	Holdings Common Stock		Recitals
		
	Informal IP Discussions		Section 9.2(a)(v)
		
	JDSU		Preamble
		
	JDSU Competitive Products		Section 10.2(b)
		
	JDSU INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENTS		Section 2.1(a)
		
	JDSU PATENT ASSIGNMENT AGREEMENT		Section 2.1(a)
		
	JDSU TRADEMARK AGREEMENT		Section 2.1(a)
		
	Lumentum		Preamble
		
	Lumentum Common Stock		Recitals
		
	Lumentum Competitive Products		Section 10.2(b)
		
	Lumentum Patent Records		Section 2.1(c)
		
	Lumentum Series A Stock		Recitals
		
	Lumentum Series B Stock		Recitals
		
	Membership Interest		Recitals
		
	Non-Transferring Party		Section 9.2
		
	Notifying Party		Section 6.9
		
	SEPARATION AGREEMENT		Recitals
		
	Trademark License		Section 5.1
		
	Trademark Sublicensees		Section 5.7
		
	Transfer		Section 9.2
		
	Transferee		Section 9.2
		
	Transferring Party		Section 9.2
		
	3POCM		Section 2.4(a)

  
 13 

 Article II 

TRANSFERRED INTELLECTUAL PROPERTY RIGHTS AND TECHNOLOGY 

2.1 Assignments from JDSU to Lumentum. 

(a) JDSU agrees to, and agrees to cause its applicable Subsidiaries to, grant, assign and convey to Lumentum all of JDSU’s
and its Subsidiaries’ rights, title and interest in and to the Transferred Intellectual Property Rights. For the avoidance of doubt, the Transferred Intellectual Property Rights are transferred subject to the licenses granted to JDSU in
Article IV of this Agreement and all other licenses granted under any such Intellectual Property Rights existing and in force on the Effective Date (subject to the terms and conditions contained in each such license agreement). The
Transferred Intellectual Property Rights include all of JDSU’s and its Subsidiaries right, title, and interest in and to any and all proceeds, causes of action, and rights of recovery against Third Parties for past and future infringement,
misappropriation, or other violation or impairment of any of the Transferred Intellectual Property Rights. The Parties shall execute the JDSU PATENT ASSIGNMENT AGREEMENT in
substantially the form attached hereto as EXHIBIT A-1 (the “JDSU Patent Assignment Agreement”) and the JDSU TRADEMARK ASSIGNMENT
AGREEMENT in substantially the form attached hereto as EXHIBIT A-2 (the “JDSU Trademark Assignment Agreement”) as well as such additional case specific
assignments as deemed appropriate to carry out the intent of the Parties, (collectively the “JDSU Intellectual Property Assignment Agreements”). JDSU shall cause its Subsidiaries to do so as appropriate, to document the
transfer of the Transferred Intellectual Property Rights. 
 (b) Recording Change of Ownership of the Transferred Intellectual
Property Rights. Lumentum shall have the sole responsibility, at its sole cost and expense, to file the Intellectual Property Assignment Agreements and any other forms or documents as required to record the assignment of the Transferred
Intellectual Property Rights from JDSU and its Subsidiaries to Lumentum; provided, however, that, upon request, JDSU shall provide reasonable assistance to Lumentum to record the assignment, at Lumentum’s sole cost and expense. 

(c) Responsibility for Transferred Patents. With respect to the Transferred Patents, JDSU shall pay all fees incurred and
respond to all office actions due up to and including the Effective Date, and Lumentum shall, in its sole discretion, pay all fees incurred and respond to all office actions due subsequent to the Effective Date. JDSU shall forward to Lumentum copies
of all patent office correspondence received by JDSU and copies of all patent attorney and agent correspondence received by JDSU related to the Transferred Patents for one hundred and eighty (180) days after the Distribution Date. JDSU shall
provide to Lumentum on or before the Effective Date a copy of all digitally stored files relating to the Transferred Patents, and shall retain in accordance with JDSU’s retention policy for JDSU patents, any hard-copy records related to the
Transferred Patents (“Lumentum Patent Records”) in JDSU’s possession on the Effective Date, and JDSU shall provide Lumentum with timely access to the Lumentum Patent Records during normal business hours upon
Lumentum’s reasonable request. The foregoing notwithstanding, in no case shall JDSU’s obligation to retain any Lumentum Patent Records extend beyond ten (10) years from the Effective Date. The provisions in this
Section 2.1(c) recite the only responsibilities of JDSU for the Transferred Patents after the Effective Date. 
 (d)
Assignment of Intellectual Property Licenses. JDSU agrees to, and agrees to cause its Subsidiaries to, assign and convey to Lumentum, the Transferred Licenses, subject to the terms, conditions, and restrictions of each Transferred
License. JDSU and Lumentum will use their best efforts to seek and obtain the consent of any Third Party necessary for the transfer of any of the Transferred Licenses, and JDSU and Lumentum shall bear equal responsibility for any consideration
necessary for their transfer. For the avoidance of doubt, and subject to the terms and conditions of the Transferred Licenses, upon the assignment and conveyance of the Transferred Licenses to Lumentum, Lumentum shall succeed to all of the rights,
responsibilities, duties, obligations, and liabilities of JDSU and JDSU’s Affiliates under each such Transferred License, including, without limitation, any liabilities arising under such Transferred License prior to the date of such assignment
and conveyance, which liabilities shall be determined pursuant to the CONTRIBUTION AGREEMENT. 

  
 14 

 2.2 Assignments from Lumentum to JDSU. 

(a) Lumentum agrees to, and agrees to cause its Subsidiaries to, grant, assign and convey to JDSU all of Lumentum’s and its
Subsidiaries rights, title and interest in and to the Excluded Intellectual Property Rights. For the avoidance of doubt, the Excluded Intellectual Property Rights are transferred subject to the licenses granted to Lumentum in Article III
below and all other licenses granted under any such Intellectual Property Rights existing and in force immediately after the Effective Date (subject to the terms and conditions contained in each such license agreement). The Excluded Intellectual
Property Rights include all of Lumentum’s and its Subsidiaries right, title, and interest in and to any and all proceeds, causes of action, and rights of recovery against Third Parties for past and future infringement, misappropriation, or
other violation or impairment of any of the Excluded Intellectual Property Rights. The Parties shall execute the LUMENTUM PATENT ASSIGNMENT AGREEMENT in a form
substantially similar to that attached hereto as EXHIBIT B-1 (the “Lumentum Patent Assignment Agreement”) and the LUMENTUM TRADEMARK ASSIGNMENT
AGREEMENT in substantially the form attached hereto as EXHIBIT B-2 (the “Lumentum Trademark Assignment Agreement”) as well as such additional case specific
assignments as deemed appropriate to carry out the intent of the parties, (collectively the “Lumentum Intellectual Property Assignment Agreements”). Lumentum shall cause its Affiliates to do so as appropriate, to document the
transfer of the Excluded Intellectual Property Rights. 
 (b) Recording Change of Ownership of the Excluded Intellectual
Property Rights. JDSU shall have the sole responsibility, at its sole cost and expense, to file the Lumentum Intellectual Property Assignment Agreements and any other forms or documents as required to record the assignment of the Excluded
Intellectual Property Rights from Lumentum and its Subsidiaries to JDSU; provided, however, that, upon request, Lumentum shall provide reasonable assistance to JDSU to record the assignment, at JDSU’s sole cost and expense. 

(c) Responsibility for Excluded Patents. With respect to the Excluded Patents, JDSU shall, in its sole discretion, pay
all fees incurred and respond to all office actions due prior to and subsequent to the Effective Date. Lumentum shall forward to JDSU copies of all patent office correspondence received by Lumentum and copies of all patent attorney and agent
correspondence received by Lumentum related to the Excluded Patents for one hundred and eighty (180) days after the Distribution Date. Lumentum shall retain in accordance with Lumentum’s retention policy for Lumentum patents, any hard-copy
records related to the Excluded Patents (“JDSU Patent Records”) in Lumentum’s possession on the Effective Date, and Lumentum shall provide JDSU with timely access to the JDSU Patent Records during normal business hours
upon JDSU’s reasonable request. The foregoing notwithstanding, in no case shall Lumentum’s obligation to retain any JDSU Patent Records extend beyond ten (10) years from the Effective Date. The provisions in this
Section 2.2(c) recite the only responsibilities of Lumentum for the Excluded Patents after the Effective Date. 
 (d)
Assignment of Intellectual Property Licenses. Lumentum agrees to, and agrees to cause its Subsidiaries to, assign and convey to JDSU, the Excluded Licenses, subject to the terms, conditions, and restrictions of each Excluded License.
Lumentum and JDSU will use their best efforts to seek and obtain the consent of any Third Party necessary for the transfer of any of the Excluded Licenses, and Lumentum and JDSU shall bear equal responsibility for any consideration necessary for
their transfer. For the avoidance of doubt, and subject to the terms and conditions of the Excluded Licenses, upon the assignment and conveyance of the Excluded Licenses to JDSU, JDSU shall succeed to all of the rights, responsibilities, duties,
obligations, and liabilities of Lumentum and Lumentum’s Affiliates under each such Excluded License, including, without limitation, any liabilities arising under such Excluded License prior to the date of such assignment and conveyance, which
liabilities shall be determined pursuant to the CONTRIBUTION AGREEMENT. 

  
 15 

 2.3 Transfer of Business Technology and JDSU Technology. For the avoidance
of doubt, the transfer of the Business Technology and JDSU Technology as set forth in the CONTRIBUTION AGREEMENT does not include the transfer of any Intellectual Property Rights in or to the
Business Technology and JDSU Technology; such Intellectual Property Rights are either transferred in Sections 2.1 and 2.2 above or are licensed in Sections 3.1 and 4.1 below. 

2.4 Common Infrastructure Copyrights. Common Infrastructure Copyrights shall be co-owned by JDSU and Lumentum. JDSU
hereby assigns to Lumentum an undivided one-half joint ownership interest in Common Infrastructure Copyrights, and upon Lumentum’s written request, JDSU and its Subsidiaries shall execute further documents confirming the assignment of such
co-ownership interest to Lumentum. Subject to Article VII of this Agreement, below, each co-owner shall be free to exploit the Common Infrastructure Copyrights without further consent and without accounting to the other co-owner. 

(a) The parties acknowledge that some of the materials associated with Common Infrastructure Copyrights (e.g., documents,
PowerPoint slides, photo libraries, etc.) may also contain Third Party-owned copyrighted material (“3POCM”) such as fonts, images and graphics, which are licensed to JDSU. This provision therefore does not extend to such
3POCM, and each party is solely responsible for obtaining its own licenses to the 3POCM. 
 (b) Notwithstanding the foregoing,
but subject to the Trademark License, the use of any Common Infrastructure Copyrights by or for Lumentum, and any works related to, or based upon, any of the Common Infrastructure Copyrights, may not contain any references to JDSU (or any of
JDSU’s marks, names, trade dress, logos or other source or business identifiers, including the JDSU name and unused Marks), JDSU’s publications, JDSU’s personnel (including senior management), JDSU’s management structures or any
other indication (other than the verbatim or paraphrased reproduction of the content) that such works are based upon any of Common Infrastructure Copyrights that originated with JDSU. Notwithstanding the foregoing, the use of any Common
Infrastructure Copyrights by or for JDSU, and any works related to, or based upon, any of the Common Infrastructure Copyrights, may not contain any references to Lumentum (or any of Lumentum’s marks, names, trade dress, logos or other source or
business identifiers, including the Lumentum name and Marks owned by any member of the Lumentum Group), Lumentum’s publications, Lumentum’s personnel (including senior management), or Lumentum’s management structures. 

(c) Neither JDSU nor Lumentum shall have any obligation to the other to (i) notify of any changes to, proposed changes to,
licenses to, sales of, or other disposition of any of the Common Infrastructure Copyrights, (ii) include the other in any consideration of proposed changes to any of the Common Infrastructure Copyrights, (iii) provide draft changes of any
of the Common Infrastructure Copyrights to the other for review and/or comment, or (iv) provide the other with any updated materials relating to any of the Common Infrastructure Copyrights. 

2.5 Common Infrastructure Trade Secrets. Common Infrastructure Trade Secrets shall be co-owned by JDSU and Lumentum. JDSU
hereby assigns to Lumentum an undivided one-half joint ownership interest in Common Infrastructure Trade Secrets, and upon Lumentum’s written request, JDSU and its Affiliates shall execute further documents confirming the assignment of such
co-ownership interest to Lumentum. Subject to Article VII of this Agreement, below, each co-owner shall be free to exploit the Common Infrastructure Trade Secrets without further consent and without accounting to the other co-owner.
Neither of the joint owners shall make a Common Infrastructure Trade Secret public or otherwise destroy or impair the trade secret status of Common Infrastructure Trade Secret without the express, advance, written consent of the other joint owner.

  
 16 

 2.6 No Limitation of Assignment in Contribution Agreement. Nothing in this
Article II of this Agreement is intended to limit the scope of the conveyance, transfer, assignment and delivery of the assets and liabilities by either party pursuant to the CONTRIBUTION
AGREEMENT. 
 Article III 

LICENSES FROM JDSU TO LUMENTUM 

3.1 License Grants. Subject to the terms of this Agreement, JDSU hereby grants, agrees to grant, and agrees to cause the
other members of the JDSU Group to, grant to the Lumentum Group the following personal, irrevocable (except as set forth in Article IX and Article XI of this Agreement), non-exclusive, worldwide, royalty-free and
non-transferable (except as set forth in Article IX of this Agreement) licenses under JDSU Licensed IPR, which license shall be effective at and after the Effective Time, as set forth below, except that for the avoidance of doubt, such
licenses do not convey rights with regard to (1) the combination of such Lumentum Licensed Products with any other products, including any other Lumentum Licensed Products, (2) methods or processes related to the use of such Lumentum
Licensed Products other than the inherent use of such Lumentum Licensed Products, and (3) methods or processes involving the use of Lumentum Licensed Products to manufacture (including associated testing) any other products. 

(a) Patents. Under the Patents included in JDSU Licensed IPR, to do the following with regard to Lumentum Licensed
Products and Lumentum Licensed Processes in the Lumentum Field: (i) to make (including the right to practice methods, processes, and procedures), (ii) to have made (subject to Section 3.2), and (iii) to use, lease, Sell,
offer for Sale, and import. The JDSU Patent licenses set forth in this Section 3.1(a) shall expire, with respect to each individual licensed Patent, upon the expiration of the term of each such JDSU Patent. 

(b) Copyrights. Under the Copyrights that are included in JDSU Licensed IPR, (i) to reproduce and have reproduced
the works of authorship included therein and derivative works thereof prepared by or on behalf of Lumentum, in whole or in part, solely as part of Lumentum Licensed Products in the Lumentum Field, (ii) to prepare derivative works or have
derivative works prepared for it based upon such works of authorship solely to create Lumentum Licensed Products in the Lumentum Field, (iii) to distribute (by any means and using any technology, whether now known or unknown) copies of the
works of authorship included therein (and derivative works thereof prepared by or on behalf of Lumentum) to the public by Sale, solely as part of Lumentum Licensed Products in the Lumentum Field, (iv) to perform (by any means and using any
technology, whether now known or unknown, including electronic transmission) and display the works of authorship included therein (and derivative works thereof prepared by or on behalf of Lumentum), in all cases solely as part of Lumentum Licensed
Products in the Lumentum Field, and (v) to use such works of authorship (and derivative works thereof prepared by or on behalf of Lumentum) solely to design, develop, manufacture and have manufactured (subject to Section 3.2), Sell,
Service, and support Lumentum Licensed Products in the Lumentum Field. 
 The parties acknowledge that some of the materials licensed under
this provision (e.g., documents, PowerPoint slides, photo libraries, etc.) also contain 3POCM such as fonts, images and graphics, which are licensed to JDSU but are not sub-licensable to Lumentum. The license granted under this provision, therefore,
does not extend to the use of such 3POCM, and Lumentum is solely responsible for obtaining its own licenses to the 3POCM. Lumentum shall also indemnify and hold JDSU harmless from all claims by Third Parties arising out of or relating to
Lumentum’s unlicensed use of the 3POCM. 

  
 17 

 (c) Database Rights. Under the Database Rights included in JDSU Licensed
IPR, to extract data from the databases included therein and to re-utilize such data (and Improvements thereof prepared by or on behalf of Lumentum) solely to design, develop, manufacture and have manufactured (subject to Section 3.2),
Sell, Service, and support Lumentum Licensed Products in the Lumentum Field. 
 (d) Mask Work Rights. Under Mask Work
Rights included in JDSU Licensed IPR, (i) to reproduce and have reproduced (subject to Section 3.2), by optical, electronic or any other means, mask works and semiconductor topologies embodied in Lumentum Licensed Products solely in
the Lumentum Field, (ii) to import or distribute a product in which any such mask work or semiconductor topology is embodied, and (iii) to permit Third Parties to do any of the foregoing. 

(e) Trade Secrets and Industrial Designs. Under JDSU and its Affiliates’ Trade Secrets and Industrial Designs
included in JDSU Licensed IPR, solely to design, develop, manufacture and have manufactured (subject to Section 3.2), Sell, and Service Lumentum Licensed Products in the Lumentum Field. 

(f) Third-Party Licenses. With respect to Intellectual Property Rights licensed to a member of the JDSU Group by a Third
Party, the license grants set forth in this Article III shall be subject to all of the conditions set forth in the relevant license agreement between the applicable member of the JDSU Group and such Third Party, in addition to all of the
terms, conditions, and restrictions set forth herein. Licenses to Lumentum under Intellectual Property Rights owned by a Third Party shall expire on the expiration of the term of the corresponding license agreement between such Third Party and
applicable member of the JDSU Group, as the case may be. 
 (g) Access Methods. Lumentum acknowledges and agrees that,
subsequent to the Distribution Date, the Lumentum Group may no longer use decryption algorithms or other access methods that were previously provided by JDSU to internal JDSU users to enable those internal JDSU users to use locked or encrypted
copies of JDSU Commercial Software, except to the extent necessary to continue using those copies rightfully in use before the Distribution Date. Any access after the Distribution Date by any member of the Lumentum Group, to additional copies of
such JDSU Commercial Software beyond those copies rightfully in use before the Distribution Date, or to support, updates, revisions or service, shall be as separately agreed with JDSU or with an appropriate Third Party software vendor. 

(h) Software. Without limiting the generality of the foregoing licenses granted in this Section 3.1, or the
transfer of rights with respect to software transferred to Lumentum pursuant to Section 2.1 above, such licenses include the right to use, modify, and reproduce in source code and object code form such software (and Improvements thereof
made by or on behalf of any member of the Lumentum Group) solely to create Lumentum Licensed Products in the Lumentum Field, and to Sell and Service such software, in source code and object code form, as part of such Lumentum Licensed Products. 

(i) Termination of Licenses to a Non-Subsidiary. Any and all licenses granted by JDSU to a member of the Lumentum Group
hereunder shall terminate immediately at the time such entity is no longer an a member of the Lumentum Group. 
 3.2 Have Made
Rights. The licenses in Section 3.1 above shall include the right to have contract manufacturers and foundries manufacture Lumentum Licensed Products for any member of the Lumentum Group (including private label or OEM versions
of such products) solely within the Lumentum Field, and are not intended to include foundry or contract manufacturing activities that any member of the Lumentum Group may undertake on behalf of Third Parties, whether directly or indirectly. 

  
 18 

 3.3 Sublicenses. The licenses granted to Lumentum in
Section 3.1 above shall not include any right to grant any sublicenses except as follows: 
 (a)
Affiliates. Lumentum may grant sublicenses to any member of the Lumentum Group , even if they become a member of the Lumentum Group after the Effective Date, within the scope of its licenses in Section 3.1 above. 

(b) Retroactivity. Any sublicense granted pursuant to Section 3.3(a) above may be made effective
retroactively, but shall not be effective for any time prior to the sublicensee’s becoming a member of the Lumentum Group, and shall only be effective for such times that such entity remains a member of the Lumentum Group. 

(c) For Resale and End Users. Any member of the Lumentum Group may grant sublicenses to its distributors, resellers,
customers, systems integrators and other channels of distribution and to its end user customers solely with respect to Lumentum Licensed Products and solely within the scope of the licenses set forth in Section 3.1 above; provided,
however, that any such sublicense by a member of the Lumentum Group shall only be effective for such times that such sublicensing entity remains a member of the Lumentum Group. 

(d) Written Agreement. Any sublicense granted pursuant to Section 3.3(a) above must be pursuant to a written
agreement that imposes obligations on the sublicensee sufficient to enable Lumentum to comply with its obligations hereunder, including the confidentiality obligations in Article VII of this Agreement. 

3.4 Improvements. As between JDSU Group on the one hand, and Lumentum Group on the other hand, the applicable
member of the Lumentum Group hereby retain all right, title and interest, including all Intellectual Property Rights, in and to any Improvements made by or on behalf of them from and after the Effective Date (a) to any of the Transferred
Intellectual Property Rights or Business Technology, or (b) in the exercise of the licenses granted to it by the JDSU Group in this Article III, subject in each case only to the ownership interests of the applicable members of the JDSU
Group , and Third Parties in the underlying Intellectual Property Rights that are improved. Lumentum shall not have any obligation under this Agreement to notify any member of the JDSU Group of any such Improvements made by or on behalf of the JDSU
Group or to disclose or license any such Improvements to any member of the JDSU Group. 
 3.5 JDSU Restricted
Patents. JDSU hereby covenants on its own behalf and on behalf of the other members of the JDSU Group that, unless obligated to do so by any Third Party agreement existing on the Effective Date, it will not Assert against any member of the
Lumentum Group any JDSU Restricted Patent that would have been licensed hereunder but for the restriction against a member of the JDSU Group licensing such Patent to Lumentum contained in a Third Party agreement. Such covenant shall be with respect
to any conduct that would have otherwise been licensed hereunder. Such covenant shall be effective to the extent permitted by the Third Party agreement. 

Article IV 

LICENSES FROM LUMENTUM TO JDSU 

4.1 License Grants. Subject to the terms of this Agreement, Lumentum hereby grants, agrees to grant, and agrees to
cause the other members of the Lumentum Group to grant, to the JDSU Group and its Affiliates the following personal, irrevocable (except as set forth in Article IX and Article XI of this Agreement), non-exclusive, worldwide,
royalty-free and non-transferable (except as set forth in 

  
 19 

 
Article IX of this Agreement) licenses under the Lumentum Licensed IPR, which license shall be effective at and after the Effective Time, as set forth below, except that for the avoidance
of doubt, such licenses do not convey rights with regard to (1) the combination of such JDSU Licensed Products with any other products, including any other JDSU Licensed Products, (2) methods or processes related to the use of such JDSU
Licensed Products other than the inherent use of such JDSU Licensed Products, and (3) methods or processes involving the use of JDSU Licensed Products to manufacture (including associated testing) any other products. 

(a) Patents. Under the Patents included in Lumentum Licensed IPR, to do the following with regard to JDSU Licensed
Products and JDSU Licensed Processes in the JDSU Field: (i) to make (including the right to practice methods, processes and procedures), (ii) to have made (subject to Section 4.2), and (iii) to use, lease, Sell, offer for
sale and import. The Lumentum Patent licenses set forth in this Section 4.1(a) shall expire, with respect to each individual licensed Patent, upon the expiration of the term of each such Lumentum Patent. 

(b) Copyrights. Under the Copyrights that are included in Lumentum Licensed IPR, (i) to reproduce and have
reproduced the works of authorship included therein and derivative works thereof prepared by or on behalf of JDSU, in whole or in part, solely as part of JDSU Licensed Products in the JDSU Field, (ii) to prepare derivative works or have
derivative works prepared for it based upon such works of authorship solely to create JDSU Licensed Products in the JDSU Field, (iii) to distribute (by any means and using any technology, whether now known or unknown) copies of the works of
authorship included therein (and derivative works thereof prepared by or on behalf of JDSU) to the public by Sale, solely as part of JDSU Licensed Products in the JDSU Field, (iv) to perform (by any means and using any technology, whether now
known or unknown, including electronic transmission) and display the works of authorship included therein (and derivative works thereof prepared by or on behalf of JDSU), in all cases solely as part of JDSU Licensed Products in the JDSU Field, and
(v) to use such works of authorship (and derivative works thereof prepared by or on behalf of JDSU) solely to design, develop, manufacture and have manufactured (subject to Section 4.2), Sell, Service, and support JDSU Licensed
Products in the JDSU Field. 
 The parties acknowledge that some of the materials licensed under this provision (e.g. documents, PowerPoint
slides, photo libraries, etc.) also contain 3POCM such as fonts, images and graphics, which are licensed to Lumentum but are not sub-licensable to JDSU. The license granted under this provision, therefore, does not extend to the use of such 3POCM,
and JDSU is solely responsible for obtaining its own licenses to the 3POCM. JDSU shall also indemnify and hold Lumentum harmless from all claims by Third Parties arising out of or relating to JDSU’s unlicensed use of the 3POCM. 

(c) Database Rights. Under the Database Rights included in Lumentum Licensed IPR, to extract data from the databases
included therein and to re-utilize such data (and Improvements thereof prepared by or on behalf of JDSU) solely to design, develop, manufacture and have manufactured (subject to Section 4.2), Sell, Service, and support JDSU Licensed
Products in the JDSU Field. 
 (d) Mask Work Rights. Under the Transferred Mask Work Rights included in Lumentum
Licensed IPR, (i) to reproduce and have reproduced (subject to Section 4.2), by optical, electronic or any other means, mask works and semiconductor topologies embodied in JDSU Licensed Products solely in the JDSU Field,
(ii) to import or distribute a product in which any such mask work or semiconductor topology is embodied, and (iii) to permit Third Parties to do any of the foregoing. 

(e) Trade Secrets and Industrial Designs. Under the Transferred Trade Secrets and Transferred Industrial Designs included
in Lumentum Licensed IPR solely to design, develop, manufacture and have manufactured (subject to Section 4.2), Sell, and Service JDSU Licensed Products in the JDSU Field. 

  
 20 

 (f) Third-Party Licenses. With respect to Intellectual Property Rights
licensed to a member of the Lumentum or its Affiliates by a Third Party, the license grants set forth in this Article IV shall be subject to all of the conditions set forth in the relevant license agreement between the applicable member of
the Lumentum Group and such Third Party, in addition to all of the terms, conditions and restrictions set forth herein. Licenses to JDSU under Intellectual Property Rights owned by a Third Party shall expire on the expiration of the term of the
corresponding license agreement between such Third Party and Lumentum or the Lumentum Affiliate, as the case may be. 
 (g)
Access Methods. JDSU acknowledges and agrees that, subsequent to the Distribution Date, the JDSU Group may no longer use decryption algorithms or other access methods that were previously provided by the Lumentum Business to internal JDSU
users to enable those internal JDSU users to use locked or encrypted copies of Lumentum Commercial Software, except to the extent necessary to continue using those copies rightfully in use before the Distribution Date. Any access after the
Distribution Date any member of the JDSU Group to additional copies of such Lumentum Commercial Software beyond those copies rightfully in use before the Distribution Date, or to support, updates, revisions or service, shall be as separately agreed
with Lumentum or with an appropriate Third Party software vendor. 
 (h) Software. Without limiting the generality of
the foregoing licenses granted in this Section 4.1, or transfer of rights with respect to software transferred to JDSU pursuant to Section 2.2 above, such licenses include the right to use, modify, and reproduce in source
code and object code form such software (and Improvements thereof made by or on behalf of any member of the JDSU Group) solely to create JDSU Licensed Products in the JDSU Field, and to Sell and Service such software, in source code and object code
form, as part of such JDSU Licensed Products. 
 (i) Termination of Licenses to a Non-Subsidiary. Any and all licenses
granted by Lumentum to a member of the JDSU Group shall terminate immediately at the time such entity is no longer a member of the JDSU Group. 

4.2 Have Made Rights. The licenses in Section 4.1 above shall include the right to have contract
manufacturers and foundries manufacture JDSU Licensed Products for any member of the JDSU Group (including private label or OEM versions of such products) solely within the JDSU Field and are not intended to include foundry or contract manufacturing
activities that any member of the JDSU Group may undertake on behalf of Third Parties, whether directly or indirectly. 
 4.3
Sublicenses. The licenses granted to JDSU in Section 4.1 above shall not include any right to grant any sublicenses except as follows: 

(a) Affiliates. JDSU may grant sublicenses to any member of the JDSU Group, even if they become a member of the JDSU
Group after the Effective Date, within the scope of its licenses in Section 4.1 above. 
 (b)
Retroactivity. Any sublicense granted pursuant to Section 4.3(a) above may be made effective retroactively, but shall not be effective for any time prior to the sublicensee’s becoming a member of the JDSU Group, and shall
only be effective for such times that such entity remains a member of the JDSU Group. 

  
 21 

 (c) For Resale and End Users. Any member of the JDSU Group may grant
sublicenses to its distributors, resellers, customers, systems integrators and other channels of distribution and to its end user customers solely with respect to JDSU Licensed Products and solely within the scope of the licenses set forth in
Section 4.1 above, provided, however, that any such sublicense by a member of the JDSU Group shall only be effective for such times that such sublicensing entity remains a member of the JDSU Group. 

(d) Written Agreement. Any sublicense granted pursuant to Section 3.3(a) above must be pursuant to a written
agreement that imposes obligations on the sublicensee sufficient to enable JDSU to comply with its obligations hereunder, including the confidentiality obligations in Article VII of this Agreement. 

4.4 Improvements. As between JDSU Group on the one hand, and Lumentum Group on the other hand, the applicable member of
the JDSU Group hereby retain all right, title and interest, including all Intellectual Property Rights, in and to any Improvements made by or on behalf of them from and after the Effective Date (a) to any of the Excluded Intellectual Property
Rights or JDSU Technology, or (b) in the exercise of the licenses granted to it by any member of the Lumentum Group in this Article IV, subject in each case only to the ownership interests of the applicable members of the Lumentum Group
and Third Parties in the underlying Intellectual Property Rights that are improved. JDSU shall not have any obligation under this Agreement to notify any member of the Lumentum Group of any such Improvements made by or on behalf of any member of the
JDSU Group or to disclose or license any such Improvements to the other members of the Lumentum Group. 
 4.5 Lumentum Restricted
Patents. Lumentum hereby covenants on its own behalf and on behalf of the other members of the Lumentum Group that, unless obligated to do so by any Third Party agreement existing on the Effective Date, it will not Assert against any member
of the JDSU Group any Lumentum Restricted Patent that would have been licensed hereunder but for the restriction against a member of the Lumentum Group licensing such Patent to JDSU contained in a Third Party agreement. Such covenant shall be with
respect to any conduct that would have otherwise been licensed hereunder. Such covenant shall be effective to the extent permitted by the Third Party agreement. 
  

Article V 

TRADEMARK LICENSE 

5.1 License Grant. Subject to the terms of this Agreement, JDSU hereby grants to Lumentum an irrevocable (except as set
forth in Article IX and Article XI), personal, non-exclusive, worldwide, royalty-free and non-transferable (except as set forth in Article IX below) license to the Licensed Marks (the “Trademark
License”), which license shall be effective as of the Effective Time and continuing in perpetuity, to use the Licensed Marks on or in connection with: 

(a) Licensed Transitional Products, 

(b) Collateral Materials, and 

(c) Marketing Materials. 
 all in
connection with the Sale, offer for Sale, support, and Service of such Licensed Transitional Products (or in the case of Licensed Transitional Products in the form of software, in connection with the licensing of such Licensed Transitional
Products). 

  
 22 

 5.2 License Restrictions. Lumentum may not use any Licensed Mark in direct
association with another Mark such that the two Marks appear to be a single Mark or in any other composite manner with any Marks of Lumentum or any Third Party. 

5.3 License Undertakings. As a condition to the licenses granted hereunder, each party undertakes to the other party
that: 
 (a) Lumentum shall not use the Licensed Marks (or any other Mark of JDSU) in any manner contrary to public morals, in
any manner which is deceptive or misleading, which ridicules or is derogatory to the Licensed Marks, or which compromises or reflects unfavorably upon the goodwill, good name, reputation or image of JDSU or the Licensed Marks, or which might
jeopardize or limit JDSU’s proprietary interest therein. 
 (b) JDSU shall not use the Transferred Trademarks in any
manner contrary to public morals, in any manner which is deceptive or misleading, which ridicules or is derogatory to the Transferred Trademarks, or which compromises or reflects unfavorably upon the goodwill, good name, reputation or image of
Lumentum or the Transferred Trademarks, or which might jeopardize or limit Lumentum’s proprietary interest therein 
 (c)
Lumentum shall not use the Licensed Marks or any other JDSU Mark in connection with any products other than the Licensed Transitional Products, including without limitation any other products sold and/or manufactured by Lumentum. 

(d) JDSU shall not use the Transferred Trademarks or any other Lumentum Mark in connection with any products, including without
limitation any other products sold and/or manufactured by JDSU. 
 (e) Lumentum shall not: (i) misrepresent to any Person
the scope of its authority under this Trademark License, (ii) incur or authorize any expenses or liabilities chargeable to JDSU or (iii) take any actions that would impose upon JDSU any obligation or liability to a Third Party other than
obligations under this Trademark License or other obligations which JDSU expressly approves in writing for Lumentum to incur on its behalf. 

(f) With respect to the Transferred Trademarks, JDSU shall not: (i) incur or authorize any expenses or liabilities chargeable to
Lumentum or (iii) take any actions that would impose upon Lumentum any obligation or liability to a Third Party other than obligations which Lumentum expressly approves in writing for JDSU to incur on its behalf. 

(g) All press releases and corporate advertising and promotions that embody the Licensed Marks and messages conveyed thereby
shall be consistent with the high standards and prestige represented by the Licensed Marks. 
 5.4 JDSU Reservation Of
Rights. Except as otherwise expressly provided in this Trademark License, JDSU shall retain all rights in and to the Licensed Marks and all other JDSU Marks, including without limitation: 

(a) all rights of ownership in and to the Licensed Marks; 

(b) the right to use (including the right of any member of the JDSU Group to use) the Licensed Marks, either alone or in
combination with other Marks, in connection with the marketing, offer or provision of any products or services, except for the Licensed Transitional Products; and 

  
 23 

 (c) the right to license Third Parties to use the Licensed Marks, except on the
Licensed Transitional Products. 
 5.5 Lumentum Reservation Of Rights. Lumentum shall retain all rights in and to the
Transferred Trademarks and all other Lumentum Marks, including without limitation: 
 (a) all rights of ownership in and to
the Transferred Trademarks; 
 (b) the right to use (including the right of any member of the Lumentum Group to use) the
Transferred Trademarks, either alone or in combination with other Marks, in connection with the marketing, offer or provision of any products or services; and 

(c) the right to license Third Parties to use the Transferred Trademarks. 

5.6 References to the Other Party. It is understood and agreed that it shall not be a violation of this Agreement for any
member of either the JDSU Group or the Lumentum Group or their respective Authorized Dealers to make accurate references to the fact that Lumentum has succeeded to the business of JDSU with respect to the Licensed Transitional Products, or for any
member of the Lumentum Group or their respective Authorized Dealers to advertise or promote its or their provision of maintenance services or supply of spare parts for Licensed Transitional Products or Lumentum Legacy Products previously sold under
any of the Licensed Marks, provided that the applicable member of the Lumentum Group and their respective Authorized Dealers do not in connection therewith claim to be authorized by JDSU in any manner with respect to such activities. Notwithstanding
the foregoing, it shall not be a violation of this Agreement for either party to refer to the other party in a nominative or non-trademark use, such as a statement that Lumentum’s parts and components are compatible with Licensed Transitional
Products previously sold by JDSU, as long as such use is not misleading or would otherwise cause consumer confusion. For the avoidance of doubt, either party may make accurate references to the fact that Lumentum has succeeded to the business of
JDSU with respect to the Licensed Transitional Products. 
 5.7 Sublicenses To Subsidiaries and Contract Manufacturers.
Subject to the terms and conditions of this Trademark License, including all applicable Trademark Usage Guidelines and other restrictions in this Trademark License, Lumentum may grant sublicenses to its any member of the Lumentum Group and to
Contract Manufacturers entering into Contract Manufacturer agreements with any member of the Lumentum Group (collectively “Trademark Sublicensees”) to use the Licensed Marks in accordance with the license grant in
Section 5.1 above. If Lumentum grants any sublicense rights pursuant to this Section 5.7 and any such Trademark Sublicensee ceases to be a member of the Lumentum Group or Contract Manufacturer, then the sublicense granted to
such member of the Lumentum Group or Contract Manufacturer pursuant to this Section 5.7 shall terminate immediately upon cessation. 

5.8 Authorized Dealers’ Use Of Marks. Subject to the terms and conditions of this Trademark License, including all
applicable Trademark Usage Guidelines and other restrictions in this Trademark License, Lumentum (and those members of the Lumentum Group sublicensed to use the Licensed Marks pursuant to Section 5.7) may allow Authorized Dealers to:
(a) Sell, otherwise distribute or Service Collateral Materials and Licensed Transitional Products bearing the Licensed Marks, (b) create and use Marketing Materials and (c) allow other Authorized Dealers to do any or all of these
things, provided that such Authorized Dealers agree to full compliance with all relevant provisions of this Trademark License. Lumentum shall remain responsible and liable to JDSU for all acts or omissions of Authorized Dealers with respect to the
Licensed Marks or this Trademark License if such acts or omissions were made by Lumentum. 

  
 24 

 5.9 Trademark Usage Guidelines. Lumentum, each member of the Lumentum Group
and their respective Authorized Dealers shall use the Licensed Marks only in a manner that is consistent with the Trademark Usage Guidelines. To the extent that Lumentum’s use of the Licensed Marks is unchanged from how the Licensed Marks were
used in a product Sold by JDSU prior to the Effective Date, such use in the Licensed Transitional Products shall be deemed to be consistent with the Trademark Usage Guidelines. At JDSU’s reasonable request, Lumentum agrees to furnish or make
available for inspection to JDSU one (1) sample of Collateral Materials and Marketing Materials of the Lumentum Group that include one or more of the Licensed Marks. Lumentum further agrees to take reasonably appropriate measures to require its
Authorized Dealers to furnish or make available for inspection to Lumentum samples of Marketing Materials and Collateral Materials of its Authorized Dealers. 

5.10 Infringement Proceedings. If JDSU or Lumentum learns of any infringement or threatened infringement of the Licensed
Marks, or any unfair competition, passing-off or dilution with respect to the Licensed Marks, JDSU and Lumentum will discuss the matter in good faith with a view to determining an appropriate path (including cost allocation) to enforcement and
protection of the Licensed Marks. 
 5.11 Registration; Maintenance of Licensed Trademarks. 

(a) Until such time as both JDSU and Lumentum mutually agree to abandon usage and registrations of the Licensed Marks, upon
Lumentum’s reasonable written request, JDSU shall (i) take all reasonably necessary steps to procure registration of the Licensed Marks in all jurisdictions requested by Lumentum and (ii) subject to Section 5.11(b), use
commercially reasonable efforts to maintain the Licensed Marks and all registrations thereof and applications therefor in all jurisdictions in which each is registered or an application therefor is pending. Lumentum shall (and shall cause the other
members of the Lumentum Group to) execute all documents as are reasonably necessary or appropriate to aid in, and shall otherwise reasonably cooperate (at Lumentum’s cost and expense) with the efforts of JDSU to prepare, obtain, file, record
and maintain all such registrations and applications. Subject to Section 5.11(b), the costs related to ongoing registration and maintenance of the Licensed Marks shall be split equally between JDSU and Lumentum. 

(b) If JDSU determines (in its sole and absolute discretion) to permanently cease using the Licensed Marks, JDSU shall give
Lumentum three (3) months’ advance written notice of its intent to abandon usage of the Licensed Marks. Within such three (3) month period, JDSU shall (and shall reasonably promptly execute, upon Lumentum’s written request, such
other documentation as may be reasonably necessary to irrevocably assign the Licensed Marks to Lumentum for aggregate consideration to JDSU of one U.S. dollar ($1.00), and Lumentum shall pay all filing fees related to such assignment. Upon any such
assignment of the Licensed Marks to Lumentum pursuant to this Section 5.11(b), (a) the Trademark License shall automatically and immediately terminate and (b) no member of the JDSU Group shall have any rights whatsoever to use
any Licensed Marks subsequent to the date of such termination and JDSU shall (and shall cause the other members of the JDSU Group to) immediately cease using the Licensed Marks in any and all forms. From that time forward, the costs related to
ongoing registration and maintenance of the Licensed Marks shall be borne by Lumentum. 
 (c) If Lumentum determines (in its
sole and absolute discretion) to permanently cease using the Licensed Marks, Lumentum shall give JDSU three (3) months’ advance written notice of its intent to abandon usage of the Licensed Marks. Upon the expiration of such three
(3) month period, (a) the Trademark License shall automatically and immediately terminate and (b) no member of the Lumentum Group shall have any rights whatsoever to use any Licensed Marks subsequent to the date of such termination
and Lumentum shall (and shall cause the other members of the Lumentum Group to) immediately cease using the Licensed Marks in any and all forms. From that time forward, the costs related to ongoing registration and maintenance of the Licensed Marks
shall be borne by JDSU. 

  
 25 

 Article VI 

ADDITIONAL INTELLECTUAL PROPERTY RELATED MATTERS 

6.1 Assignments and Licenses. No party may assign or grant a license under any of such party’s Intellectual Property
Right which it has licensed to the other party in Articles III, Article IV or Article V of this Agreement, unless such assignment or grant is made subject to the licenses granted herein. For the avoidance of any
doubt, a non-exclusive license grant shall be deemed subject to the licenses granted herein. 
 6.2 Assistance By
Employees. Each party agrees that its employees and contractors have a continuing duty to assist the other party with the prosecution of, and other patent or trademark office proceedings (e.g., reissue, reexamination, interference, inter
partes review, post-grant review, etc.) regarding, the other party’s Patent applications, Patents, Marks, and other Intellectual Property Rights (all of the foregoing, collectively, “Administrative IP Proceedings”).
Accordingly, each party agrees to reasonably make available to the other party and its counsel (i) inventors and other reasonably necessary persons employed by it for the other party’s reasonable needs regarding execution of documents,
interviews, declarations, and testimony, and (ii) documents, materials, and information for the other party’s reasonable good faith needs regarding such Administrative IP Proceedings. Any actual and reasonable out-of-pocket expenses
associated with such assistance shall be borne by the party involved in the Administrative IP Proceeding, expressly excluding the value of the time of the other party’s personnel (regarding which the Parties shall agree on a case by case basis
with respect to reasonable compensation). 
 6.3 Inventor Compensation. Each party will be responsible for
providing inventor incentive compensation to its employees under its own internal policies. To the extent that a party bases an inventor’s incentive compensation on a Patent or a Patent application of the other party, the parties will
reasonably cooperate by providing to each other relevant information about their Patents for which one or more inventors are employees of the other party. To the extent that inventor compensation is specified by local law, the parties will
reasonably cooperate in providing information to each other in order to enable each party to calculate inventor compensation. No party shall have any obligation to provide any inventor incentive compensation to an employee of the other party except
as required by law. Any information provided under this Section 6.3 shall be subject to Section 7.1. 

6.4 No Implied Licenses. Nothing contained in this Agreement shall be construed as conferring any rights by
implication, estoppel or otherwise, under any Intellectual Property Rights, other than as expressly granted in this Agreement, and all other rights under any Intellectual Property Rights licensed to a member of the Lumentum Group or a member of the
JDSU Group hereunder are expressly reserved by the party granting the license. The party receiving the license hereunder acknowledges and agrees that the party (or its applicable Subsidiary ) granting the license is the sole and exclusive owner of
the Intellectual Property Rights so licensed. 
 6.5 No Field Restrictions For Patent Licensing. Except as
expressly set forth elsewhere in this Agreement, including in the Exhibits, each party shall be free to grant licenses of any sort under any of its owned Lumentum Patents or JDSU Patents (as the case may be) to any Third Party without restriction as
to field of use. 
 6.6 No Obligation to Prosecute Patents. Except as expressly set forth elsewhere in this
Agreement, including in the Exhibits, no party shall have any obligation to seek, perfect, or maintain any 

  
 26 

 
protection for any of its Intellectual Property Rights. Without limiting the generality of the foregoing, except as expressly set forth elsewhere in this Agreement, including in the Exhibits, no
party shall have any obligation to file any Patent application, to prosecute any Patent, or secure any Patent rights or to maintain any Patent in force. 

6.7 Reconciliation. The parties acknowledge that, as part of the transfer of the Transferred Intellectual Property
Rights, the Transferred Licenses, the Excluded Intellectual Property Rights, the Excluded Licenses and the Business Technology, the JDSU Group , on the one hand, and the Lumentum Group , on the other hand, may inadvertently retain Technology or
Intellectual Property Rights that should have been transferred to the other party pursuant to Article II of this Agreement, and a party may inadvertently acquire Technology or Intellectual Property Rights that should not have been
transferred. Each party agrees to resolve such errors using the procedures set forth in Section 6.12. 
 6.8
Technical Assistance. Except as expressly set forth elsewhere in this Agreement (including in the Exhibits), in the CONTRIBUTION AGREEMENT, in the SEPARATION
AGREEMENT, or any other mutually executed agreement between the parties, no party shall be required to provide the other party with any technical assistance or to furnish any other party with, or obtain on their
behalf, any documents, materials or other information or Technology. 
 6.9 Third-Party Infringement. Except as
expressly set forth elsewhere in this Agreement, no party shall have any obligation hereunder to institute or maintain any action or suit against Third Parties for infringement or misappropriation of any Intellectual Property Rights in or to any
Technology licensed to the other party hereunder, or to defend any action or suit brought by a Third Party which challenges or concerns the validity of any of such Intellectual Property Rights or which claims that any Technology licensed to the
other party hereunder infringes or constitutes a misappropriation of any Intellectual Property Rights of any Third Party. Each party (the “Notifying party”) has the continuing obligation to promptly notify the other party in
writing upon learning of a Third Party likely infringing, misappropriating, or other violating or impairing any Intellectual Property Rights of the other party which are licensed to the Notifying party under this Agreement. Such notification shall
set forth in reasonable specificity the identity of the suspected infringing Third Party and the nature of the suspected infringement. Except as expressly set forth elsewhere in this Agreement, the party to whom the Intellectual Property Right is
licensed shall not take any steps to contact any such Third Party without the other party’s prior written permission, and such other party shall have the sole discretion to determine whether and in what manner to respond to any such
unauthorized Third-Party use and shall be exclusively entitled to any remedies, including monetary damages, related thereto or resulting therefrom. In the event that the party granting the license hereunder decides to initiate any claim against any
Third Party, the party to whom the Intellectual Property Right is licensed shall cooperate fully with the licensor. 
 6.10
Copyright Notices. 
 (a) Notwithstanding anything to the contrary herein, as to works in which Lumentum owns
the copyright, to the extent any such works contain copyright notices which indicate a different entity as the copyright owner, Lumentum may, but shall not be required, to change such notices. 

(b) Notwithstanding anything to the contrary herein, as to works in which JDSU owns the copyright, to the extent any such works
contain copyright notices which indicate a different entity as the copyright owner, JDSU may, but shall not be required, to change such notices. 

6.11 No Challenge to Title. Each party agrees that it shall not (and shall cause its Subsidiaries not to), for any
reason, after the Effective Date (regardless of whether this Agreement is subsequently terminated), either itself do or authorize any Third Party to do any of the following 

  
 27 

 
anywhere in the world with respect to any Intellectual Property Rights licensed to such party or its Subsidiaries hereunder: (a) represent to any Third Party in any manner that it owns or
has any ownership rights in such Intellectual Property Rights; (b) apply for any registration of such Intellectual Property Rights (including federal, state, and national registrations); or (c) impair, dispute or contest the validity or
enforceability of the other party’s (or any of such other party’s Subsidiaries) right, title and interest in and to such Intellectual Property Rights. 

6.12 Dispute Resolution. In the event of any controversy, dispute or claim (a “Dispute”)
arising out of or relating to any party’s rights or obligations under this Agreement (whether arising in contract, tort or otherwise) (including the interpretation or validity of this Agreement), such Dispute shall be resolved in accordance
with the dispute resolution process referred to in Article VI of the CONTRIBUTION AGREEMENT. 

Article VII 

CONFIDENTIAL INFORMATION 

7.1 Confidential Information. Each party shall (and shall cause its Affiliates to) hold all confidential or
proprietary information licensed to it hereunder and any other confidential or proprietary information disclosed to it or any other Affiliates hereunder in confidence in accordance with Section 5.2 of the CONTRIBUTION
AGREEMENT. 
 7.2 Contract Manufacturing. Notwithstanding anything to the contrary herein, each
party agrees that, in exercising its “Have-Made” rights (by Lumentum, pursuant to Section 3.2, or by JDSU, pursuant to Section 4.2), each party may only disclose Trade Secrets or Industrial Designs licensed from the
other party in Articles III and Article IV of this Agreement if it has executed a written confidentiality agreement with the Third Party contract manufacturer with appropriate, industry standard terms, and in all cases
containing terms and conditions pertaining to the protection of proprietary and confidential information no less restrictive than those set forth in Section 7.1. 

7.3 Source Code. In addition to the provisions of Section 5.2 of the CONTRIBUTION
AGREEMENT, JDSU shall maintain the confidentiality all information and documents related to all Licensed Lumentum Source Code and Lumentum shall maintain the confidentiality of all information and documents related
to all Licensed JDSU Source Code until the expiration of any copyright therein. Each party shall use the same degree of care as it uses to protect its own proprietary source code, but in any case no less than a reasonable degree of care, to prevent
unauthorized use, dissemination or publication of the source code. Any Third Party disclosure necessary to make commercial use of the source code shall be made only under a confidentiality agreement with terms no less restrictive than those of this
Article VII of this Agreement. Source code shall cease to qualify as confidential information if it (a) becomes publicly available without breach of this Agreement, or (b) is obtained by the licensed party from a Third Party
lawfully in possession of the source code and which provides the source code without breach of any duty of confidentiality owed directly or indirectly to the source code owner (either JDSU and/or Lumentum, as may be applicable). Notwithstanding the
provisions of this Section 7.3, each party may disclose the other party’s source code if required by law, regulation, or court order provided that the party seeking to disclose provides notice and a reasonable opportunity to object
to, limit, or condition the disclosure (e.g., to limit the disclosure to the minimum necessary to comply with the law, regulation, or court order and for the disclosure to be made under protective order or other order of confidentiality). 

7.4 Trade Secrets. In addition to the provisions of Section 5.2 of the CONTRIBUTION
AGREEMENT, JDSU and Lumentum shall each maintain the confidentiality of the Transferred Trade Secrets, Excluded Trade Secrets and the Common Infrastructure Trade Secrets. Each party shall use the

  
 28 

 
same degree of care as it uses to protect its own trade secrets, but in any case no less than a reasonable degree of care, to prevent unauthorized use, dissemination or publication of the trade
secrets. Any Third Party disclosure necessary to exploit the trade secrets shall be made only under a confidentiality agreement with terms no less restrictive than those of this Article VII. Trade secrets shall cease to qualify as
confidential information if it (a) becomes publicly available without breach of this Agreement, or (b) is obtained from a Third Party lawfully in possession of the trade secret and which provides the trade secret without breach of any duty
of confidentiality owed directly or indirectly to the trade secret owner (either JDSU and/or Lumentum, as may be applicable). Notwithstanding the provisions of this Section 7.4, each party may disclose the other party’s trade secret
information if required by law, regulation, or court order provided that the party seeking to disclose provides notice and a reasonable opportunity to object to, limit, or condition the disclosure (e.g., to limit the disclosure to the minimum
necessary to comply with the law, regulation, or court order and for the disclosure to be made under protective order or other order of confidentiality). 

Article VIII 

LIMITATION OF LIABILITY AND WARRANTY DISCLAIMER 

8.1 Limitation of Liability. IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY SPECIAL,
CONSEQUENTIAL, INDIRECT, INCIDENTAL OR PUNITIVE DAMAGES OR LOST PROFITS, HOWEVER CAUSED AND BASED ON ANY THEORY OF LIABILITY (INCLUDING NEGLIGENCE) ARISING IN ANY WAY OUT OF THIS AGREEMENT, WHETHER OR NOT SUCH PARTY HAS BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES. THE FOREGOING SHALL NOT, HOWEVER, LIMIT THE DAMAGES AVAILABLE TO A PARTY FOR (A) INFRINGEMENT OR MISAPPROPRIATION OF ITS INTELLECTUAL PROPERTY RIGHTS BY ANOTHER PARTY OR (B) BREACHES OF ARTICLE VII CONFIDENTIAL
INFORMATION. 
 8.2 Warranties Disclaimer. Except as otherwise set forth herein, (a) EACH PARTY
ACKNOWLEDGES AND AGREES THAT ALL INTELLECTUAL PROPERTY RIGHTS, TECHNOLOGY, INFORMATION, AND PROPRIETARY RIGHTS TRANSFERRED, ASSIGNED, LICENSED, OR GRANTED HEREUNDER ARE TRANSFERRED, ASSIGNED, LICENSED, AND GRANTED WITHOUT ANY WARRANTIES WHATSOEVER,
WHETHER EXPRESS, IMPLIED OR STATUTORY, WITH RESPECT THERETO, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, ENFORCEABILITY OR NON-INFRINGEMENT, (b) no party makes any warranty
or representation that any manufacture, use, importation, offer for sale or sale of any product or service will be free from infringement or misappropriation of any Patent or other Intellectual Property Right of any Third Party, (c) JDSU makes
no warranty or representation as to the validity and/or scope of any JDSU Patent or any of the Transferred Patents, and (d) Lumentum makes no warranty or representation as to the validity and/or scope of any Lumentum Patent or any Excluded
Patent. 
 Article IX 

TRANSFERABILITY AND ASSIGNMENT 

9.1 No Assignment Or Transfer Without Consent. Except as otherwise provided in this Article IX, no party may
assign or transfer any of the Intellectual Property Rights licenses granted pursuant to this Agreement, nor this Agreement as a whole, whether by operation of law or otherwise, without the prior written consent of the non-transferring party. The
non-transferring party may, in its sole and absolute discretion, grant or withhold such consent. Any purported assignment or transfer without 

  
 29 

 
such consent shall be void and of no effect. Unless otherwise agreed in connection with consent to an assignment or transfer, no assignment or transfer made pursuant to this
Section 9.1 shall release the transferring party from any of its rights, responsibilities, duties, obligations, and liabilities under this Agreement. The Change of Control of a party is deemed to be an assignment and transfer of the
Intellectual Property Rights licenses granted to such party pursuant to this Agreement. 
 9.2 Sale of All or Part of
the Business. 
 (a) If a party (the “Transferring Party”), after the Distribution Effective Time
either (i) undergoes a Change of Control, (ii) transfers, disposes of or otherwise divests a going business to a Third Party or (iii) transfers, disposes of or otherwise divests all or substantially all of the assets of the
Transferring Party to which an applicable license hereunder relates (the Third Party in any of the foregoing transactions referred to as the “Transferee” and any such transaction referred to as the
“Transfer”), then, upon the joint written request of the Transferring Party and the Transferee to the other party (the “Non-Transferring Party”) not later than sixty (60) days following the
closing of the Transfer, the Non-Transferring Party shall grant a royalty-free license to the Transferee under the same terms as the license granted to the Transferring Party under this Agreement subject to all of the following conditions and
restrictions: 
 (i) the Transferee shall agree to be bound, in advance in writing, by the terms of this Agreement, including
the non-compete provision; 
 (ii) the effective date of such license shall be the closing date of the Transfer; 

(iii) the products, services and processes of the Transferee that are subject to such license shall be limited to the products,
services and processes that are commercially released or for which substantial steps have been taken to commercialize as of the closing date of the Transfer by the Transferring Party; 

(iv) the Intellectual Property Rights of the Non-Transferring Party that are subject to the license to be granted to the
Transferee shall be limited to Intellectual Property Rights licensed to the Transferring Party pursuant to Articles III, Article IV or Article V of this Agreement, as the case may be; and 

(v) the license to the Transferee shall terminate in the event that during the term of the license the Transferee
(A) becomes engaged with the Non-Transferring Party in litigation, arbitration or other formal dispute resolution proceedings involving assertion of infringement, misappropriation, or other violation or impairment of Intellectual Property
Rights (pending in any court, tribunal, or administrative agency or before any appointed or agreed upon arbitrator in any jurisdiction worldwide) (any of the foregoing proceedings referred to as “Formal IP Proceedings”) or
(B)(1) makes a written allegation of infringement, misappropriation, or other violation or impairment of Intellectual Property Rights against the Non-Transferring Party, (2) makes a written request that the Non-Transferring Party license or
otherwise offer to the Non-Transferring Party a license to Intellectual Property Rights in connection with an allegation of infringement, misappropriation, or other violation or impairment of Intellectual Property Rights, or (3) engages in
discussions or negotiations with the Non-Transferring Party for the settlement or compromise of any actual or alleged infringement, misappropriation, or other violation or impairment of Intellectual Property Rights (any of the foregoing in (1),
(2) and (3) referred to as “Informal IP Discussions”), in each case involving Intellectual Property Rights under which the Transferee has ownership or control without any ongoing obligation to pay royalties or other
consideration to Third Parties. 

  
 30 

 (b) Notwithstanding anything to the contrary herein, the Non-Transferring Party,
shall have no obligation to enter into a license with any Transferee under this Section 9.2 in the event that (i) at the time that the Transferring Party and Transferee make a joint request for a license from the Non-Transferring
Party pursuant to this Section 9.2, the Non-Transferring Party and the Transferee are engaged in Formal IP Proceedings or (ii) at any time in the twelve (12) months prior to the date of the joint request that the Transferee has
engaged in Informal IP Discussions with the Non-Transferring Party, in each case involving Intellectual Property Rights under which the Transferee has ownership or control without any ongoing obligation to pay royalties or other consideration to
Third Parties. 
 Article X 

NON-COMPETITION AND COVENANT NOT TO SUE 

10.1 Non-Compete. Subject to Section 10.2, the parties agree that for a period of three (3) years
following the Distribution Date, (a) JDSU and its Affiliates will not manufacture, supply, distribute, or Sell (directly or through Third Parties) any JDSU Products that are within the Lumentum Field, and (b) Lumentum and its Affiliates
will not manufacture, supply, distribute, or Sell (directly or through Third Parties) any Lumentum Products that are within the JDSU Field. 

10.2 Limited Exceptions. 

(a) Notwithstanding Section 10.1, subject to the below conditions, the JDSU Group shall have the right to
manufacture, supply, distribute or Sell products in those JDSU Businesses described in EXHIBIT 10.2(a) as generally, commercially available by any member of the JDSU Group immediately after the Effective Date including
any Improvements to such products released for general, commercial availability by JDSU at any time on or before July 1, 2017 (collectively, the “JDSU Competitive Products”) and the JDSU Group may supply, distribute
and/or Sell such JDSU Competitive Products if supplied by Lumentum. 
 For the purposes of this Section 10.2(a), the scope of
all Improvements for the purposes of JDSU Products shall be limited to adaptations, derivatives, improvements or modifications of the JDSU Competitive Products, provided only that such adaptations, derivatives, improvements or modifications still
satisfy the definition of the applicable JDSU Competitive Product as described in EXHIBIT 10.2(a) (e.g. all Improvements to PacketPortal and JMEP Optical Transceiver products must have all the features and
requirements described within the PacketPortal and JMEP Optical Transceiver products description in EXHIBIT 10.2(a)). 

(b) Notwithstanding Section 10.1, subject to the below conditions, the Lumentum Group shall have the right to
manufacture, supply, distribute or Sell optical products in those Lumentum Businesses described in EXHIBIT 10.2(B) as generally, commercially available by any member of the Lumentum Group immediately
after the Effective Date, including any Improvements to such products released for general, commercial availability by Lumentum on or before July 1, 2017 (collectively, the “Lumentum Competitive Products” and together
with the JDSU Competitive Products referred to as the “Excepted Field”) (b) and the Lumentum Group may supply, distribute and/or Sell such Lumentum Competitive Products if supplied by JDSU. 

For the purposes of this Section 10.2(b), the scope of all Improvements for the purposes of Lumentum Products shall be limited to
adaptations, derivatives, improvements or modifications of the Lumentum Competitive Products, provided only that such adaptations, derivatives, improvements or modifications still satisfy the definition of the applicable Lumentum Competitive Product
as described in EXHIBIT 10.2(B). 

  
 31 

 10.3 Mutual Covenant Not To Sue. Each party (each, a
“Covenantor”) covenants and agrees that it will not, for a period of three (3) years following the Distribution Date (the “Covenant Period”) Assert against the other party or any member of the
JDSU Group or the Lumentum Group, as applicable (the other party and their respective group members each being a “Covenantee”) for damages, loss, or injury of any kind arising from, related to, or in any way connected to the
Covenantor’s IPR as such IPR may apply in the Covenantee’s Excepted Field (“Covenant IPR”). Notwithstanding the foregoing, the covenant not to Assert in this Section shall cease to apply to a Covenantee if
that Covenantee willfully infringes, misappropriates, or otherwise improperly uses the Covenant IPR. For the avoidance of doubt, Covenant IPR shall not include any IPR of any Transferee as contemplated in Section 9.2. Further,
Covenantee’s rights under this Section 10.3 shall terminate effective upon consummation of a Transfer as contemplated in Section 9.2, except that the covenant not to Assert shall be binding on Covenantor with respect to
any actions taken by Covenantee prior to the consummation of such Transfer. 
 The mutual covenant of this section shall be personal to each
party, and neither party shall assign, nor shall permit any of their respective group members to assign, to another person or entity an interest in any of the Covenant IPR with any rights to Assert unless such assignee agrees in writing to be bound
by and subject to this Section 10.3 with respect to said IPR. 
 This mutual covenant does not constitute or include a license,
sale, lease, loan, or transfer of any Covenant IPR, in whole or in part, in any form. The parties acknowledge that the covenant of this section does not operate to release or otherwise discharge any Third Party from any claims, demands, or rights of
action that one party may have on account of any unlicensed activities of any Third Party that may occur during the Covenant Period, and accordingly, do not limit or otherwise affect the ability of one party to collect the past damages that may be
accrued during the Covenant Period from any Third Party. During the Covenant Period, each party will be free to assert claims of patent infringement against any Third Party and may seek to recover damages based on sales made by such Third Parties or
other activities by such Third Parties occurring during the Covenant Period. 
 Article XI 

REVOCATION AND TERMINATION OF LICENSE RIGHTS 

11.1 Revocation of License for Breach. Either party may revoke any licensed Intellectual Property Right, in the event of
a material breach of this Agreement by the other party (or any Subsidiary the other party) with respect to such licensed Intellectual Property Right if such breach is not cured within ninety (90) days following the breaching party’s
receipt of written notice of such breach from the other party. Notwithstanding anything in this Agreement to the contrary, upon any revocation of a licensed Intellectual Property Right pursuant to this Section 11.1, all other rights and
licenses granted under this Agreement that are in effect at the time of such revocation shall survive and remain in full force and effect. 

11.2 Termination by Third Party. In the event that a Third Party terminates its grant of Sublicensed JDSU Rights or
Sublicensed Lumentum Rights, as applicable, the party granting such sublicensed rights may terminate the license granted to the other party (and any of its Subsidiaries ) with respect to those sublicensed rights upon written notice to the other
party. Notwithstanding anything in this Agreement to the contrary, upon any termination of the license to any Intellectual Property Right pursuant to this Section 11.2, all other rights and licenses granted under this Agreement that are
in effect at the time of such termination shall survive and remain in full force and effect. 
 11.3 Effect of Revocation or
Termination; Survival. Upon the revocation or termination of a licensed Intellectual Property Right, the party receiving the license hereunder shall not have any rights 

  
 32 

 
whatsoever to use such Intellectual Property Right subsequent to the date of such revocation or termination and shall (and shall cause each of its Subsidiaries to) immediately cease using
such Intellectual Property Right. Notwithstanding anything in this Agreement to the contrary, Section 6.5, Article VII, Article VIII, this Section 11.3, Article XII and Article X shall survive any
termination of this Agreement in whole or in part. 
 Article XII 

MISCELLANEOUS 

12.1 Corporate Power; Facsimile Signatures. 

(a) JDSU, on behalf of itself and on behalf of other members of the JDSU Group, and Lumentum, on behalf of itself and on behalf
of the other members of the Lumentum Group, hereby represents as follows: 
 (i) each such Person has the requisite corporate
power and authority and has taken all corporate action necessary in order to execute, deliver and perform this Agreement and to consummate the transactions contemplated hereby and thereby; and 

(ii) this Agreement has been duly executed and delivered by it and constitutes a valid and binding agreement of it enforceable
in accordance with the terms thereof. 
 (b) Each party acknowledges that it and each other party is executing this Agreement
by facsimile, stamp or mechanical signature, and that delivery of an executed counterpart of a signature page to this Agreement (whether executed by manual, stamp or mechanical signature) by facsimile or by email in portable document format (.pdf)
shall be effective as delivery of such executed counterpart of this Agreement. Each party expressly adopts and confirms each such facsimile, stamp or mechanical signature (regardless of whether delivered in person, by mail, by courier, by facsimile
or by email in .pdf) made in its respective name as if it were a manual signature delivered in person, agrees that it will not assert that any such signature or delivery is not adequate to bind such party to the same extent as if it were signed
manually and delivered in person and agrees that, at the reasonable request of the other party at any time, it will as promptly as reasonably practicable cause this Agreement to be manually executed (any such execution to be as of the date of the
initial date thereof) and delivered in person, by mail or by courier. 
 12.2 Governing Law; Submission to Jurisdiction; Waiver
of Trial. 
 (a) This Agreement shall be governed by and construed and interpreted in accordance with the Laws of the
State of Delaware without giving effect to the principles of conflicts of law thereof. 
 (b) Each of JDSU and Lumentum, on
behalf of itself and its respective JDSU Group and Lumentum Group, hereby irrevocably (i) agrees that any Dispute shall be subject to the exclusive jurisdiction of the state and federal courts located in the State of Delaware, (ii) waives
any claims of forum non conveniens, and agrees to submit to the jurisdiction of such courts and (iii) agrees that service of any process, summons, notice or document by U.S. registered mail to its respective address set forth in
Section 12.6 shall be effective service of process for any litigation brought against it in any such court or for the taking of any other acts as may be necessary or appropriate in order to effectuate any judgment of said courts. 

  
 33 

 12.3 Survival of Covenants. Except as expressly set forth in this Agreement,
the covenants and other agreements contained in this Agreement, and liability for the breach of any obligations contained herein or therein, shall survive the execution of this Agreement and shall remain in full force and effect. 

12.4 Waivers of Default. A waiver by a party of any default by the other party of any provision of this Agreement shall
not be deemed a waiver by the waiving party of any subsequent or other default, nor shall it prejudice the rights of the waiving party. No failure or delay by a party in exercising any right, power or privilege under this Agreement shall operate as
a waiver thereof, nor shall a single or partial exercise thereof prejudice any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver by any party of any provision of this Agreement shall be effective
unless explicitly set forth in writing and executed by the party so waiving. 
 12.5 Force Majeure. No party (or any
Person acting on its behalf) shall have any liability or responsibility for failure to fulfill any obligation (other than a payment obligation) under this Agreement or, so long as and to the extent to which the fulfillment of such obligation is
prevented, frustrated, hindered or delayed as a consequence of circumstances of Force Majeure. A party claiming the benefit of this provision shall, as soon as reasonably practicable after the occurrence of any such event, (a) notify the other
party of the nature and extent of any such Force Majeure condition and (b) use due diligence to remove any such causes and resume performance under this Agreement as soon as feasible. 

12.6 Notices. All notices, requests, claims, demands and other communications under this Agreement shall be in writing
and shall be given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service, by facsimile or electronic transmission with receipt confirmed (followed by delivery of an original
via overnight courier service) or by registered or certified mail (postage prepaid, return receipt requested) to the respective Parties at the following addresses (or at such other address for a party as shall be specified in a notice given in
accordance with this section): 
 If to JDSU, to: 

JDS Uniphase Corporation 
 430
North McCarthy Blvd 
 Milpitas, California, USA 

95035 
 Attention: General
Counsel 
 Email: [•] 

with a copy to: 
 DLA Piper LLP
(US) 
 2000 University Avenue 

East Palo Alto, California 94303-2215 

Attention: Ed Batts 
 Facsimile:
[•] 
 Email: [•] 

if to Lumentum, to: 
 Lumentum
Inc. 
 400 North McCarthy Blvd 

Milpitas California, USA 

  
 34 

 95035 

Attention: General Counsel 

Email: [•] 
 with a copy
to: 
 DLA Piper LLP (US) 

2000 University Avenue 
 East
Palo Alto, California 94303-2215 
 Attention: Ed Batts 

Facsimile: [•] 
 Email:
[•] 
 Any party may, by notice to the other party, change the address to which such notices are to be given. 

12.7 Termination. Notwithstanding any provision to the contrary, this Agreement may be terminated at any time prior to
the Effective Time by and in the sole discretion of either party without the prior approval of any Person, including the other party. In the event of such termination, this Agreement shall become void and no party, or any of its officers and
directors shall have any liability to any Person by reason of this Agreement. After the Effective Time, except as expressly provided herein, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties. 

12.8 Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced
under any Law or as a matter of public policy, all other conditions and provisions of this Agreement shall remain in full force and effect. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced,
the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated by this Agreement be consummated
as originally contemplated to the greatest extent possible. 
 12.9 Entire Agreement. Except as otherwise expressly
provided in this Agreement, this Agreement (including the Schedules and Exhibits hereto) constitutes the entire agreement of the Parties with respect to the subject matter of this Agreement and supersedes all prior agreements and undertakings, both
written and oral, between or on behalf of the parties with respect to the subject matter of this Agreement. 
 12.10 Specific
Performance. Subject to Section 6.12, in the event of any actual or threatened default in, or breach of, any of the terms, conditions and provisions of this Agreement, the party or Parties who are or are to be thereby aggrieved
shall have the right to specific performance and injunctive or other equitable relief (on an interim or permanent basis) of its rights under this Agreement, in addition to any and all other rights and remedies at law or in equity, and all such
rights and remedies shall be cumulative. The Parties agree that the remedies at law for any breach or threatened breach, including monetary damages, may be inadequate compensation for any loss and that any defense in any action for specific
performance that a remedy at law would be adequate is waived. Any requirements for the securing or posting of any bond with such remedy are waived by each of the Parties. 

12.11 Amendment. No provision of this Agreement may be amended or modified except by a written instrument signed by each
of the Parties to this Agreement. 

  
 35 

 12.12 Rules of Construction. Interpretation of this Agreement shall be
governed by the following rules of construction: (a) words in the singular shall be held to include the plural and vice versa, and words of one gender shall be held to include the other gender as the context requires, (b) references to the
terms “Article,” “Section,” “paragraph,” “clause,” “Exhibit” and “Schedule” are references to the Articles, Sections, paragraphs, clauses, Exhibits and Schedules of this Agreement unless
otherwise specified, (c) the terms “hereof,” “herein,” “hereby,” “hereto,” and derivative or similar words refer to this entire Agreement, including the Schedules and Exhibits hereto, (d) references
to “$” shall mean U.S. dollars, (e) the word “including” and words of similar import when used in this Agreement shall mean “including without limitation,” unless otherwise specified, (f) the word
“or” shall not be exclusive, (g) references to “written” or “in writing” include in electronic form, (h) unless the context requires otherwise, references to “party” shall mean JDSU or Lumentum, as
appropriate, and references to “Parties” shall mean JDSU and Lumentum, (i) provisions shall apply, when appropriate, to successive events and transactions, (j) the table of contents and headings contained in this Agreement are
for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement, (k) JDSU and Lumentum have each participated in the negotiation and drafting of this Agreement and if an ambiguity or question of
interpretation should arise, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or burdening either party by virtue of the authorship of any of the provisions in this
Agreement or any interim drafts of this Agreement, and (l) a reference to any Person includes such Person’s successors and permitted assigns. 

12.13 Counterparts. This Agreement may be executed in one (1) or more counterparts, and by each party in separate
counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by facsimile or .pdf
shall be as effective as delivery of a manually executed counterpart of this Agreement. 
 [SIGNATURE PAGES FOLLOW] 

 

  
 36 

 IN WITNESS WHEREOF, the Parties have caused this Intellectual Property Matters Agreement to be
duly executed as of the Effective Date. 
  

			
	JDS UNIPHASE CORPORATION
		
	By:	 	 
	Name:
	Title:

  

			
	LUMENTUM OPERATIONS LLC
		
	By:	 	 
	Name:
	Title:

  

SIGNATURE PAGE TO THE INTELLECTUAL PROPERTY
MATTERS AGREEMENTEX-10.4

 Exhibit 10.4 

LUMENTUM HOLDINGS, INC. 

2015 EQUITY INCENTIVE PLAN 

1. Establishment and Purpose of the Plan. The Lumentum Holdings, Inc. 2015 Equity Incentive Plan is hereby established effective as of
[●], 2015, the date of its approval by JDS Uniphase Corporation, the sole stockholder of the Company (the “Effective Date”). The purpose of the Plan is to provide incentives to attract, retain and motivate eligible persons
whose present and potential contributions are important to the success of the Company by offering them an opportunity to participate in the Company’s future performance. 

2. Definitions. As used herein, the following definitions shall apply: 

(a) “Administrator” means the Board or any of the Committees appointed to administer the Plan. 

(b) “Affiliate” and “Associate” shall have the respective meanings ascribed to such terms in Rule 12b-2
promulgated under the Exchange Act. 
 (c) “Applicable Laws” means the legal requirements relating to the Plan and the
Awards under applicable provisions of federal securities laws, state corporate and securities laws, the Code, the rules of any applicable stock exchange or national market system, and the rules of any non-U.S. jurisdiction applicable to Awards
granted to residents therein. 
 (d) “Assumed” means that pursuant to a Corporate Transaction either (i) the Award is
expressly affirmed by the Company or (ii) the contractual obligations represented by the Award are expressly assumed (and not simply by operation of law) by the successor entity or its Parent in connection with the Corporate Transaction with
appropriate adjustments to the number and type of securities of the successor entity or its Parent subject to the Award and the exercise or purchase price thereof which preserves the compensation element of the Award existing at the time of the
Corporate Transaction as determined in accordance with the instruments evidencing the agreement to assume the Award. 
 (e)
“Award” means the grant of an Option, SAR, Dividend Equivalent Right, Restricted Stock, Restricted Stock Unit, Performance Unit, Performance Share, or other right or benefit under the Plan. 

(f) “Award Agreement” means the written agreement evidencing the grant of an Award executed by the Company and the Grantee,
including any amendments thereto. 
 (g) “Board” means the Board of Directors of the Company. 

(h) “Cause” means, with respect to the termination by the Company or a Related Entity of the Grantee’s Continuous Active
Service, that such termination is for “Cause” as such term is expressly defined in a then-effective written agreement between the Grantee and the Company or such Related Entity, or in the absence of such then-effective written agreement
and definition, is based on, in the determination of the Administrator, the Grantee’s: (i) performance of any act or failure to perform any act in bad faith and to the detriment of the Company or a Related Entity; (ii) dishonesty,
intentional misconduct, material violation of any applicable Company or Related Entity policy, or material breach of any agreement with the Company or a Related Entity; or (iii) commission of a crime involving dishonesty, breach of trust, or
physical or emotional harm to any person. 
 (i) “Change in Control” means a change in ownership or control of the Company
effected through either of the following transactions: 
 (i) the direct or indirect acquisition by any person or related group of persons
(other than an acquisition from or by the Company or by a Company-sponsored employee benefit plan or by a person that 

 
directly or indirectly controls, is controlled by, or is under common control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3 of the Exchange Act) of securities
possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities pursuant to a tender or exchange offer made directly to the Company’s stockholders which a majority of the Continuing
Directors who are not Affiliates or Associates of the offeror do not recommend such stockholders accept, or 
 (ii) a change in the
composition of the Board over a period of thirty-six (36) months or less such that a majority of the Board members (rounded up to the next whole number) ceases, by reason of one or more contested elections for Board membership, to be comprised
of individuals who are Continuing Directors. 
 (j) “Code” means the Internal Revenue Code of 1986, as amended, and any
applicable regulations promulgated thereunder. 
 (k) “Committee” means any committee composed of members of the Board
appointed by the Board to administer the Plan. 
 (l) “Common Stock” means the common stock of the Company. 

(m) “Company” means Lumentum Holdings, Inc., a Delaware corporation. 

(n) “Consultant” means any person (other than an Employee or a Director, solely with respect to rendering services in such
person’s capacity as a Director) who is engaged by the Company or any Related Entity to render consulting or advisory services to the Company or such Related Entity. 

(o) “Continuing Directors” means members of the Board who either (i) have been Board members continuously for a period
of at least thirty-six (36) months or (ii) have been Board members for less than thirty-six (36) months and were elected or nominated for election as Board members by at least a majority of the Board members described in clause
(i) who were still in office at the time such election or nomination was approved by the Board. 
 (p) “Continuous Active
Service” means that the provision of services to the Company or a Related Entity in any capacity of Employee, Director or Consultant is not interrupted or terminated. In jurisdictions requiring notice in advance of an effective termination
as an Employee, Director or Consultant, Continuous Active Service shall be deemed terminated upon the actual cessation of providing services to the Company or a Related Entity notwithstanding any required notice period that must be fulfilled before
a termination as an Employee, Director or Consultant can be effective under Applicable Laws. Continuous Active Service shall not be considered interrupted in the case of (i) any approved leave of absence, (ii) transfers among the Company,
any Related Entity, or any successor, in any capacity of Employee, Director or Consultant, or (iii) any change in status as long as the individual remains in the service of the Company or a Related Entity in any capacity of Employee, Director
or Consultant (except as otherwise provided in the Award Agreement). An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. For purposes of each Incentive Stock Option granted under the Plan,
if such leave exceeds ninety (90) days, and reemployment upon expiration of such leave is not guaranteed by statute or contract, then the Incentive Stock Option shall be treated as a Non-Qualified Stock Option on the day three (3) months
and one (1) day following the expiration of such ninety (90) day period. 
 (q) “Corporate Transaction” means any
of the following transactions: 
 (i) a merger or consolidation in which the Company is not the surviving entity, except for a transaction
the principal purpose of which is to change the state in which the Company is incorporated; 
 (ii) the sale, transfer or other disposition
of all or substantially all of the assets of the Company; 
 (iii) the complete liquidation or dissolution of the Company; 

 (iv) any reverse merger or series of related transactions culminating in a reverse merger
(including, but not limited to, a tender offer followed by a reverse merger) in which the Company is the surviving entity but in which securities possessing more than forty percent (40%) of the total combined voting power of the Company’s
outstanding securities are transferred to a person or persons different from those who held such securities immediately prior to such merger or the initial transaction culminating in such merger but excluding any such transaction or series of
related transactions that the Administrator determines shall not be a Corporate Transaction; or 
 (v) acquisition in a single or series of
related transactions by any person or related group of persons (other than the Company or by a Company-sponsored employee benefit plan) of beneficial ownership (within the meaning of Rule 13d-3 of the Exchange Act) of securities possessing more than
fifty percent (50%) of the total combined voting power of the Company’s outstanding securities but excluding any such transaction or series of related transactions that the Administrator determines shall not be a Corporate Transaction.

 (r) “Covered Employee” means an Employee who is a “covered employee” under Section 162(m)(3) of the Code.

 (s) “Director” means a member of the Board or the board of directors of any Related Entity. 

(t) “Disability” means a disability as defined under the long-term disability policy of the Company or the Related Entity to
which the Grantee provides services regardless of whether the Grantee is covered by such policy. If the Company or the Related Entity to which the Grantee provides service does not have a long-term disability plan in place, “Disability”
means that a Grantee is unable to carry out the responsibilities and functions of the position held by the Grantee by reason of any medically determinable physical or mental impairment for a period of not less than ninety (90) consecutive days.
A Grantee will not be considered to have incurred a Disability unless he or she furnishes proof of such impairment sufficient to satisfy the Administrator in its discretion. Notwithstanding the foregoing, Section 409A Deferred Compensation
payable pursuant to the Plan on account of the Disability of a Grantee shall be paid only if and when such Grantee has become disabled within the meaning of Section 409A. 

(u) “Dividend Equivalent Right” means a right entitling the Grantee to compensation or to a credit for the account of such
Grantee measured by cash dividends paid with respect to Common Stock. 
 (v) “Employee” means any person, including an
Officer or Director, who is in the employ of the Company or any Related Entity, subject to the control and direction of the Company or any Related Entity as to both the work to be performed and the manner and method of performance. The payment of a
director’s fee by the Company or a Related Entity shall not be sufficient to constitute “employment” by the Company. The Company shall determine in good faith and in the exercise of its discretion whether an individual has become or
has ceased to be an Employee and the effective date of such individual’s employment or termination of employment, as the case may be. For purposes of an individual’s rights, if any, under the terms of the Plan as of the time of the
Company’s determination of whether or not the individual is an Employee, all such determinations by the Company shall be final, binding and conclusive as to such rights, if any, notwithstanding that the Company or any court of law or
governmental agency subsequently makes a contrary determination as to such individual’s status as an Employee. 
 (w) “Exchange
Act” means the Securities Exchange Act of 1934, as amended. 
 (x) “Fair Market Value” means, as of any date, the
value of one share of Common Stock determined as follows: 
 (i) If the Common Stock is listed on any established stock exchange or a
national market system, its Fair Market Value shall be the closing sale price of a Share as quoted on such exchange or system on the date of determination (or, if no closing sale price was reported on that date, on the last trading date such closing
sale price was reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; 

 (ii) If the Common Stock is regularly quoted on an automated quotation system (including the OTC
Bulletin Board) or by a recognized securities dealer, but selling prices are not reported, the Fair Market Value of a Share shall be the mean between the high bid and low asked prices for the Common Stock on the date of determination (or, if no such
prices were reported on that date, on the last date such prices were reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable, provided that, if applicable, the Fair Market Value of a Share shall be
determined in a manner that complies with Section 409A; or 
 (iii) In the absence of an established market for the Common Stock of
the type described in (i) and (ii), above, the Fair Market Value thereof shall be determined by the Administrator in good faith. 
 (y)
“Full Value Award” means the grant of Restricted Stock, Restricted Stock Units, Performance Units or Performance Shares under the Plan with a per share or unit purchase price lower than 100% of Fair Market Value on the date of
grant. 
 (z) “Grantee” means an Employee, Director or Consultant who receives an Award under the Plan. 

(aa) “Immediate Family” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse,
sibling, niece, nephew, mother-in-law, father-in-law, son-in law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, any person sharing the Grantee’s household (other than a tenant or employee), a trust in
which these persons (or the Grantee) have more than fifty percent (50%) of the beneficial interest, a foundation in which these persons (or the Grantee) control the management of assets, and any other entity in which these persons (or the
Grantee) own more than fifty percent (50%) of the voting interests. 
 (bb) “Incentive Stock Option” means an Option
intended to qualify, and which does qualify, as an incentive stock option within the meaning of Section 422 of the Code. 
 (cc)
“Non-Qualified Stock Option” means an Option not intended to qualify, or which does not qualify, as an Incentive Stock Option. 

(dd) “JDS Uniphase Corporation Separation” means the spin-off of the Company from JDS Uniphase Corporation pursuant to the
Separation and Distribution Agreement between the Company and JDS Uniphase Corporation, dated as of [●], 2015. 
 (ee)
“Officer” means a person who is an officer of the Company or a Related Entity within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. 

(ff) “Option” means an option to purchase Shares pursuant to an Award Agreement granted under the Plan. 

(gg) “Parent” means a “parent corporation”, whether now or hereafter existing, as defined in Section 424(e) of
the Code. 
 (hh) “Performance Award Formula” means a formula or table established by the Administrator which provides the
method of determining the compensation payable pursuant to an Award based on one or more levels of attainment of specified Performance Criteria measured as of the end of the applicable Performance Period. A Performance Award Formula may include a
minimum, maximum, target level and intermediate levels of Performance Criteria, with the final value of an Award determined by applying the Performance Award Formula to the specified Performance Criteria level attained during the applicable
Performance Period. A target level of performance may be stated as an absolute value, an increase or decrease in a value, or as a value determined relative to an index, budget or other standard selected by the Administrator. 

(ii) “Performance-Based Compensation” means compensation qualifying as “performance-based compensation” under
Section 162(m) of the Code. 

 (jj) “Performance Criteria” means any one of, or combination of, the following:
(i) share price, (ii) earnings per share, (iii) total stockholder return, (iv) operating margin, (v) gross margin, (vi) return on equity, (vii) return on assets, (viii) return on investment,
(ix) operating income, (x) net operating income, (xi) pre-tax profit, (xii) net income, (xiii) cash flow, (xiv) revenue, (xv) expenses, (xvi) earnings before any one or more of share-based compensation
expense, interest, taxes, depreciation and amortization, (xvii) economic value added, (xviii) market share, (xix) personal management objectives, (xx) product development, (xxi) completion of an identified special project,
(xxii) completion of a joint venture or other corporate transaction, and (xxiii) other measures of performance selected by the Administrator. Performance Criteria shall be calculated in accordance with the Company’s financial
statements, or, if such measures are not reported in the Company’s financial statements, they shall be calculated in accordance with generally accepted accounting principles, a method used generally in the Company’s industry, or in
accordance with a methodology established by the Administrator prior to the grant of the applicable Award. As specified by the Administrator, Performance Criteria may be calculated with respect to the Company and each Subsidiary consolidated
therewith for financial reporting purposes, one or more Subsidiaries or such division or other business unit of any of them selected by the Administrator. Performance Criteria may be measured relative to a peer group or index, as specified by the
Administrator. Unless otherwise determined by the Administrator prior to the grant of the applicable Award, the Performance Criteria shall be calculated excluding the effect (whether positive or negative) on the Performance Criteria of any change in
accounting standards or any extraordinary, unusual or nonrecurring item, as determined by the Administrator, occurring after the establishment of the Performance Criteria applicable to the Award. Each such adjustment, if any, shall be made solely
for the purpose of providing a consistent basis from period to period for the calculation of Performance Criteria in order to prevent the dilution or enlargement of the Grantee’s rights with respect to an Award. 

(kk) “Performance Period” means any Fiscal Year of the Company or such other period as determined by the Administrator in its
sole discretion. 
 (ll) “Performance Shares” means Shares or an Award denominated in Shares which may be earned in whole
or in part upon attainment of Performance Criteria established by the Administrator. 
 (mm) “Performance Units” means an
Award which may be earned in whole or in part based upon attainment of Performance Criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as
established by the Administrator. 
 (nn) “Plan” means this 2015 Equity Incentive Plan. 

(oo) “Related Entity” means any Parent or Subsidiary of the Company and any business, corporation, partnership, limited
liability company or other entity in which the Company or a Parent or a Subsidiary of the Company holds a substantial ownership interest, directly or indirectly. 

(pp) “Replaced” means that pursuant to a Corporate Transaction the Award is replaced with a comparable stock award or a cash
incentive program of the Company, the successor entity (if applicable) or Parent of either of them which preserves the compensation element of such Award existing at the time of the Corporate Transaction and provides for subsequent payout in
accordance with the same (or a more favorable) vesting schedule applicable to such Award. The determination of Award comparability shall be made by the Administrator and its determination shall be final, binding and conclusive. 

(qq) “Restricted Stock” means Shares issued under the Plan to the Grantee for such consideration, if any, and subject to such
restrictions on transfer, rights of first refusal, repurchase provisions, forfeiture provisions, and other terms and conditions as established by the Administrator. 

(rr) “Restricted Stock Unit” means a grant of a right to receive in cash or stock, as established by the Administrator, the
market value of one Share. 
 (ss) “Rule 16b-3” means Rule 16b-3 promulgated under the Exchange Act or any successor
thereto. 

 (tt) “SAR” means a stock appreciation right entitling the Grantee to Shares or
cash compensation, as established by the Administrator, measured by appreciation in the value of Common Stock. 
 (uu) “Section
409A” means Section 409A of the Code. 
 (vv) “Section 409A Deferred Compensation” means compensation
provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A. 
 (ww)
“Share” means a share of the Common Stock. 
 (xx) “Subsidiary” means a “subsidiary
corporation”, whether now or hereafter existing, as defined in Section 424(f) of the Code. 
 3. Shares Subject to the
Plan. 
 (a) Maximum Number of Shares Issuable. Subject to the provisions of Section 10 below, the maximum aggregate number
of Shares which may be issued pursuant to all Awards (including Incentive Stock Options) is [●] ([●]) Shares. The Shares to be issued pursuant to Awards may be authorized, but unissued, or reacquired Common Stock. 

(b) Share Counting. Any Shares subject to an Award will be counted against the numerical limits of this Section 3 as one
(1) Share for every Share subject thereto. Any Shares covered by an Award (or portion of an Award) which is forfeited, canceled or expires (whether voluntarily or involuntarily) or settled in cash shall be deemed not to have been issued for
purposes of determining the maximum aggregate number of Shares which may be issued under the Plan. Shares that actually have been issued under the Plan pursuant to an Award shall not be returned to the Plan and shall not become available for future
issuance under the Plan, except that if unvested Shares are forfeited, or repurchased by the Company for an amount not greater than their original purchase price, such Shares shall become available for future grant under the Plan. With respect to
Options and SARs, the gross number of Shares subject to the Award will cease to be available under the Plan (whether or not the Award is net settled for a lesser number of Shares, or if Shares are utilized to exercise such an Award). In addition, if
Shares are withheld to pay any withholding taxes applicable to an Award, then the gross number of Shares subject to such Award will cease to be available under the Plan. 

(c) Assumption or Replacement of Awards. The Administrator may, without affecting the number of Shares reserved or available for
issuance hereunder, authorize the issuance or assumption of benefits under this Plan in connection with any merger, consolidation, acquisition of property or stock, or reorganization upon such terms and conditions as it may deem appropriate, subject
to compliance with Section 409A and any other applicable provisions of the Code; provided, however, that Shares subject to Awards issued or assumed pursuant to the Plan with respect to awards for shares of the common stock of JDS Uniphase
Corporation in connection with the JDS Uniphase Corporation Separation shall reduce the aggregate number of Shares remaining available for issuance pursuant to the Plan set forth in Section 3(a). 

4. Administration of the Plan. 

(a) Plan Administrator. 

(i) Authority of Administrator. The Plan shall be administered by the Administrator. All questions of interpretation of the Plan, of
any Award Agreement or of any other form of agreement or other document employed by the Company in the administration of the Plan or of any Award shall be determined by the Administrator, and such determinations shall be final, binding and
conclusive upon all persons having an interest in the Plan or such Award, unless fraudulent or made in bad faith. Any and all actions, decisions and determinations taken or made by the Administrator in the exercise of its discretion pursuant to the
Plan or Award Agreement or other agreement thereunder (other than determining questions of interpretation pursuant to the preceding sentence) shall be final, binding and conclusive upon all persons having an interest therein. All expenses incurred
in connection with the administration of the Plan shall be paid by the Company. 

 (ii) Administration with Respect to Directors and Officers. With respect to grants of
Awards to Directors or Employees who are also Officers or Directors of the Company, the Plan shall be administered by (A) the Board or (B) a Committee designated by the Board, which Committee shall be constituted in such a manner as to
satisfy the Applicable Laws and to permit such grants and related transactions under the Plan to be exempt from Section 16(b) of the Exchange Act in accordance with Rule 16b-3. Once appointed, such Committee shall continue to serve in its
designated capacity until otherwise directed by the Board. 
 (iii) Administration With Respect to Consultants and Other Employees.
With respect to grants of Awards to Employees or Consultants who are neither Directors nor Officers of the Company, the Plan shall be administered by (A) the Board or (B) a Committee designated by the Board, which Committee shall be
constituted in such a manner as to satisfy the Applicable Laws. Once appointed, such Committee shall continue to serve in its designated capacity until otherwise directed by the Board. The Board may authorize one or more Officers to grant such
Awards and may limit such authority as the Board determines from time to time. 
 (iv) Administration With Respect to Covered
Employees. Notwithstanding the foregoing, grants of Awards intended to qualify as Performance-Based Compensation to any Covered Employee or other Employee reasonably expected to become a Covered Employee shall be made only by a Committee (or
subcommittee of a Committee) which is comprised solely of two or more Directors eligible to serve on a committee making Awards qualifying as Performance-Based Compensation. In the case of such Awards, references to the “Administrator” or
to a “Committee” shall be deemed to be references to such Committee or subcommittee. Unless otherwise permitted in compliance with the requirements under Section 162(m) of the Code with respect to each Award intended to result in the
payment of Performance-Based Compensation, the Administrator shall establish in writing the Performance Criteria and Performance Award Formula no later than the earlier of (A) the date ninety (90) days after the commencement of the
applicable Performance Period or (B) the date on which 25% of the Performance Period has elapsed, and, in any event, at a time when the outcome of the Performance Criteria remains substantially uncertain. Once established, the Performance
Criteria and Performance Award Formula applicable to an Award intended to result in the payment of Performance-Based Compensation to a Covered Employee shall not be changed. Following the completion of the Performance Period applicable to such
Award, the Administrator shall certify in writing the extent to which the applicable Performance Criteria have been attained and the resulting final value of the Award earned by the Grantee and to be paid upon its settlement in accordance with the
applicable Performance Award Formula. Notwithstanding the foregoing, the Administrator shall have the discretion, on the basis of such criteria as may be established by the Administrator, to reduce some or all of the value of an Award that would
otherwise be paid to a Covered Employee upon its settlement notwithstanding the attainment of any Performance Criteria and the resulting value of the Award determined in accordance with the Performance Award Formula; provided, however, that no such
reduction may result in an increase in the amount payable upon settlement of another Grantee’s Award that is intended to result in Performance-Based Compensation. 

(v) Administration Errors. In the event an Award is granted in a manner inconsistent with the provisions of this subsection (a), such
Award shall be presumptively valid as of its grant date to the extent permitted by the Applicable Laws. 
 (b) Powers of the
Administrator. Subject to Applicable Laws and the provisions of the Plan (including any other powers given to the Administrator hereunder), and except as otherwise provided by the Board, the Administrator shall have the authority, in its
discretion: 
 (i) to select the Employees, Directors and Consultants to whom Awards may be granted from time to time hereunder; 

(ii) to determine whether and to what extent Awards are granted hereunder; 

(iii) to determine the number of Shares or the amount of other consideration to be covered by each Award granted hereunder; 

(iv) to determine whether an Award granted to a Covered Employee shall be intended to result in Performance-Based Compensation and the
applicable Performance Criteria, Performance Period and Performance Award Formula; 

 (v) to approve forms of Award Agreements for use under the Plan; 

(vi) to determine the terms and conditions of any Award granted hereunder; 

(vii) to amend the terms of any outstanding Award granted under the Plan, provided that any amendment that would have a materially adverse
effect the Grantee’s rights under an outstanding Award shall not be made without the Grantee’s written consent; 
 (viii) to
construe and interpret the terms of the Plan and Awards, including without limitation, any notice of award or Award Agreement, granted pursuant to the Plan; 

(ix) to establish additional terms, conditions, rules or procedures to accommodate the rules or laws of applicable non-U.S. jurisdictions and
to afford Grantees favorable treatment under such rules or laws; provided, however, that no Award shall be granted under any such additional terms, conditions, rules or procedures with terms or conditions which are inconsistent with the provisions
of the Plan; and 
 (x) to take such other action, not inconsistent with the terms of the Plan, as the Administrator deems appropriate.

 (c) Option or SAR Repricing. Without the affirmative vote of holders of a majority of the shares of Common Stock cast in person or
by proxy at a meeting of the stockholders of the Company at which a quorum representing a majority of all outstanding shares of Common Stock is present or represented by proxy, the Administrator shall not approve a program providing for either
(i) the cancellation of outstanding Options or SARs having exercise prices per share greater than the then Fair Market Value of a Share (“Underwater Awards”) and the grant in substitution therefore of new Options or SARs having
a lower exercise price, Full Value Awards or payments in cash, or (ii) the amendment of outstanding Underwater Awards to reduce the exercise price thereof. This Section 4(c) shall not be construed to apply to (i) “issuing or
assuming a stock option in a transaction to which Section 424(a) applies,” within the meaning of Section 424 of the Code, (ii) adjustments pursuant to the assumption of or substitution for an Option or SAR in a manner that would
comply with Section 409A, or (iii) an adjustment pursuant to Section 10. 
 (d) Indemnification. In addition to such
other rights of indemnification as they may have as members of the Board or as Officers or Employees of the Company or a Related Entity, members of the Board and any Officers or Employees of the Company or a Related Entity to whom authority to act
for the Board, the Administrator or the Company is delegated shall be defended and indemnified by the Company to the extent permitted by law on an after-tax basis against all reasonable expenses, including attorneys’ fees, actually and
necessarily incurred in connection with the defense of any claim, investigation, action, suit or proceeding, or in connection with any appeal therein, to which they or any of them may be a party by reason of any action taken or failure to act under
or in connection with the Plan, or any Award granted hereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved by the Company) or paid by them in satisfaction of a judgment in any such claim,
investigation, action, suit or proceeding, except in relation to matters as to which it shall be adjudged in such claim, investigation, action, suit or proceeding that such person is liable for gross negligence, bad faith or intentional misconduct;
provided, however, that within thirty (30) days after the institution of such claim, investigation, action, suit or proceeding, such person shall offer to the Company, in writing, the opportunity at the Company’s expense to handle and
defend the same. 
 5. Eligibility. 

(a) Persons Eligible for Awards. Awards other than Incentive Stock Options may be granted to Employees, Directors and Consultants.
Incentive Stock Options may be granted only to Employees of the Company or a Parent or a Subsidiary of the Company. Awards may be granted to such Employees, Directors or Consultants who are residing in non-U.S. jurisdictions as the Administrator may
determine from time to time. 
 (b) Participation in the Plan. Awards are granted solely at the discretion of the Administrator.
Eligibility to be granted an Award shall not entitle any person to be granted an Award, or, having been granted an Award, to be granted an additional Award. An Employee, Director or Consultant who has been granted an Award may, if otherwise
eligible, be granted additional Awards. 

 6. Terms and Conditions of Awards. 

(a) Type of Awards. The Administrator is authorized under the Plan to award any type of arrangement to an Employee, Director or
Consultant that is not inconsistent with the provisions of the Plan and that by its terms involves or might involve the issuance of (i) Shares, (ii) cash or (iii) an Option, a SAR, or similar right with a fixed or variable price
related to the Fair Market Value of the Shares and with an exercise or conversion privilege related to the passage of time, the occurrence of one or more events, or the satisfaction of Performance Criteria or other conditions. Such awards include,
without limitation, Options, SARs, Restricted Stock, Restricted Stock Units, Dividend Equivalent Rights, Performance Units or Performance Shares, and an Award may consist of one such security or benefit, or two (2) or more of them in any
combination or alternative. 
 (b) Designation of Award. Each Award shall be designated in the Award Agreement. In the case of an
Option, the Option shall be designated as either an Incentive Stock Option or a Non-Qualified Stock Option. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of Shares subject to Options designated as
Incentive Stock Options which become exercisable for the first time by a Grantee during any calendar year (under all plans of the Company or any Parent or Subsidiary of the Company) exceeds $100,000, such excess Options, to the extent of the Shares
covered thereby in excess of the foregoing limitation, shall be treated as Non-Qualified Stock Options. For this purpose, Incentive Stock Options shall be taken into account in the order in which they were granted, and the Fair Market Value of the
Shares shall be determined as of the grant date of the relevant Option. 
 (c) Conditions of Award. Subject to the terms of the Plan,
the Administrator shall determine the provisions, terms, and conditions of each Award including, but not limited to, the Award vesting schedule, repurchase provisions, rights of first refusal, forfeiture provisions, form of payment (cash, Shares, or
other consideration) upon settlement of the Award, payment contingencies, and satisfaction of any Performance Criteria established by the Administrator. Partial achievement of any specified Performance Criteria may result in a payment or vesting
corresponding to the degree of achievement as specified in the Award Agreement. 
 (d) Acquisitions and Other Transactions. The
Administrator may issue Awards under the Plan in settlement, assumption or substitution for, outstanding awards or obligations to grant future awards in connection with the Company or a Related Entity acquiring another entity, an interest in another
entity or an additional interest in a Related Entity whether by merger, stock purchase, asset purchase or other form of transaction. 
 (e)
Deferral of Award Payment. Consistent with the requirements of Section 409A, if applicable, and other Applicable Laws, the Administrator may establish one or more programs under the Plan to permit selected Grantees the opportunity to
elect to defer receipt of consideration upon exercise of an Award, satisfaction of Performance Criteria, or other event that absent the election would entitle the Grantee to payment or receipt of Shares or other consideration under an Award. The
Administrator may establish the election procedures, the timing of such elections, the mechanisms for payments of, and accrual of interest or other earnings, if any, on amounts, Shares or other consideration so deferred, and such other terms,
conditions, rules and procedures that the Administrator deems advisable for the administration of any such deferral program. 
 (f)
Separate Programs. The Administrator may establish one or more separate programs under the Plan for the purpose of issuing particular forms of Awards to one or more classes of Grantees on such terms and conditions as determined by the
Administrator from time to time. 
 (g) Individual Limitations on Awards. 

(i) Section 162(m) Award Limits. The maximum number of Shares with respect to which Awards may be granted to any Grantee in any
fiscal year of the Company shall be 1,000,000 Shares. The maximum dollar amount that may become payable to any Grantee in any fiscal year of the Company under 

 
Performance Unit Awards or other Awards denominated in U.S. dollars shall be $20,000,000. In connection with a Grantee’s (i) commencement of Continuous Active Service or (ii) first
promotion in any fiscal year of the Company, a Grantee may be granted Awards for up to an additional 1,000,000 Shares or U.S. dollar denominated Awards providing for payment in any fiscal year of the Company of up to an additional $20,000,000, which
shall not count against the limits set forth in the preceding sentences of this subsection (g). The foregoing limitations shall be adjusted proportionately in connection with any change in the Company’s capitalization pursuant to
Section 10, below. To the extent required by Section 162(m) of the Code or the regulations thereunder, in applying the foregoing limitations with respect to a Grantee, if any Awards are canceled, the canceled Awards shall continue to count
against the maximum number of Shares or dollar amount with respect to which Awards may be granted to the Grantee. For this purpose, the repricing of an Option (or in the case of a SAR, the base amount on which the stock appreciation is calculated is
reduced to reflect a reduction in the Fair Market Value of the Common Stock) shall be treated as the cancellation of the existing Option or SAR and the grant of a new Option or SAR. If the vesting or receipt of Shares under the Award is deferred to
a later date, any amount (whether denominated in Shares or cash) paid in addition to the original number of Shares subject to the Award will not be treated as an increase in the number of Shares subject to the Award if the additional amount is based
either on a reasonable rate of interest or on one or more predetermined actual investments such that the amount payable by the Company at the later date will be based on the actual rate of return of a specific investment (including any decrease as
well as any increase in the value of an investment). 
 (ii) Nonemployee Director Award Limits. No Director who is not also an
Employee shall be granted within any fiscal year of the Company one or more Awards pursuant to the Plan which in the aggregate are for more than a number of Shares determined by dividing $500,000 by the Fair Market Value of a Share determined on the
last trading day immediately preceding the date on which the applicable Award is granted to such Director. 
 (iii) Minimum Vesting.
Except with respect to five percent (5%) of the maximum number of Shares issuable under the Plan pursuant to Section 3(a), no Award which vests on the basis of the Grantee’s Continuous Active Service shall vest earlier than one year
following the date of grant of such Award; provided, however, that such limitation shall not preclude the acceleration of vesting of such Award upon the death, disability, or involuntary termination of Service of the Grantee or in connection with a
Corporate Transaction, as determined by the Administrator in its discretion. 
 (h) Early Exercise. The Award Agreement may, but need
not, include a provision whereby the Grantee may elect at any time while an Employee, Director or Consultant to exercise any part or all of the Award prior to full vesting of the Award. Any unvested Shares received pursuant to such exercise may be
subject to a repurchase right in favor of the Company or a Related Entity or to any other restriction the Administrator determines to be appropriate. 

(i) Term of Award. The term of each Award shall be the term stated in the Award Agreement, provided, however, that the term of an
Option or SAR shall be no more than eight (8) years from the date of grant thereof. However, in the case of an Incentive Stock Option granted to a Grantee who, at the time the Option is granted, owns stock representing more than ten percent
(10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company, the term of the Incentive Stock Option shall be five (5) years from the date of grant thereof or such shorter term as may be
provided in the Award Agreement. Subject to the foregoing, unless otherwise specified by the Administrator in the grant of an Option or SAR, each Option and SAR shall terminate eight (8) years after the date of grant of such Award, unless
earlier terminated in accordance with its provisions. 
 (j) Transferability of Awards. Incentive Stock Options may not be sold,
pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent and distribution and may be exercised, during the lifetime of the Grantee, only by the Grantee. Other Awards shall be
transferable by will and by the laws of descent and distribution, and during the lifetime of the Grantee, by gift or pursuant to a domestic relations order to members of the Grantee’s Immediate Family to the extent and in the manner determined
by the Administrator. Notwithstanding the foregoing but subject to Applicable Laws and local procedures, the Grantee may designate a beneficiary of the Grantee’s Award in the event of the Grantee’s death on a beneficiary designation form
provided by the Administrator. 
 (k) Time of Granting Awards. The date of grant of an Award shall for all purposes be the date on
which the Administrator makes the determination to grant such Award, or such later date as is determined by the Administrator. 

 7. Award Exercise or Purchase Price, Consideration and Taxes. 

(a) Exercise or Purchase Price. The exercise or purchase price, if any, for an Award shall be as follows: 

(i) In the case of an Incentive Stock Option: 

(A) granted to an Employee who, at the time of the grant of such Incentive Stock Option owns stock representing more than ten percent
(10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company, the per Share exercise price shall be not less than one hundred ten percent (110%) of the Fair Market Value per Share on the date
of grant; or 
 (B) granted to any Employee other than an Employee described in the preceding paragraph, the per Share exercise price shall
be not less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant. 
 (ii) In the case of a
Non-Qualified Stock Option, the per Share exercise price shall be not less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant. 

(iii) In the case of a SAR, the base amount on which the stock appreciation is calculated shall be not less than one hundred percent
(100%) of the Fair Market Value per Share on the date of grant. 
 (iv) In the case of other Awards, such price as is determined by
the Administrator. 
 (v) Notwithstanding the foregoing provisions of this Section 7(a), in the case of an Award issued pursuant to
Section 6(d) above, the exercise or purchase price for the Award shall be determined in accordance with the provisions of the relevant instrument evidencing the agreement to issue such Award. 

(b) Consideration. Subject to Applicable Laws, the consideration to be paid for the Shares to be issued upon exercise or purchase of an
Award including the method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option, shall be determined at the time of grant). In addition to any other types of consideration the Administrator may
determine, the Administrator is authorized to accept as consideration for Shares issued under the Plan the following, provided that the portion of the consideration equal to the par value of the Shares must be paid in cash or other legal
consideration permitted by the Delaware General Corporation Law: 
 (i) cash; 

(ii) check; 
 (iii) surrender
of Shares or delivery of a properly executed form of attestation of ownership of Shares as the Administrator may require which have a Fair Market Value on the date of surrender or attestation equal to the aggregate exercise price of the Shares as to
which said Award shall be exercised, provided, however, that Shares acquired under the Plan or any other equity compensation plan or agreement of the Company must have been held by the Grantee for such period, if any, as required by the Company to
avoid adverse accounting treatment; 
 (iv) with respect to Options, by delivery of a properly executed exercise notice followed by a
procedure pursuant to which (A) the Company will reduce the number of Shares otherwise issuable to the Grantee upon the exercise of the Option by the largest whole number of shares having a Fair Market Value that

 
does not exceed the aggregate exercise price for the Shares with respect to which the Option is exercised, and (B) the Grantee shall pay to the Company in cash the remaining balance of such
aggregate exercise price not satisfied by such reduction in the number of whole Shares to be issued; 
 (v) with respect to Options,
payment through a broker-dealer sale and remittance procedure pursuant to which the Grantee (A) shall provide written instructions to a Company designated brokerage firm to effect the immediate sale of some or all of the purchased Shares and
remit to the Company sufficient funds to cover the aggregate exercise price payable for the purchased Shares and (B) shall provide written directives to the Company to deliver the certificates for the purchased Shares directly to such brokerage
firm in order to complete the sale transaction; or 
 (vi) any combination of the foregoing methods of payment. 

(c) Taxes. 
 (i) Tax
Withholding in General. No Shares shall be delivered under the Plan to any Grantee or other person until such Grantee or other person has made arrangements acceptable to the Administrator for the satisfaction of any non-U.S., federal, state, or
local income and employment tax (including social insurance) withholding obligations, including, without limitation, obligations incident to the receipt of Shares or the disqualifying disposition of Shares received on exercise of an Incentive Stock
Option. Upon exercise of an Award the Company or Related Entity employing the Grantee shall withhold or collect from Grantee an amount sufficient to satisfy such tax obligations. 

(ii) Withholding in or Directed Sale of Shares. The Company shall have the right, but not the obligation, to deduct from the Shares
issuable to a Grantee upon the exercise or settlement of an Award, or to accept from the Grantee the tender of, a number of whole Shares having a Fair Market Value, as determined by the Company, equal to all or any part of the tax withholding
obligations of the Company or Related Entity employing the Grantee. The Fair Market Value of any Shares withheld or tendered to satisfy any such tax withholding obligations shall not exceed the amount determined by the applicable minimum statutory
withholding rates. The Company may require a Grantee to direct a broker, upon the vesting, exercise or settlement of an Award, to sell a portion of the Shares subject to the Award determined by the Company in its discretion to be sufficient to cover
the tax withholding obligations of the Company or Related Entity employing the Grantee and to remit an amount equal to such tax withholding obligations to such employer in cash. 

8. Exercise of Award. 

(a) Procedure for Exercise. 

(i) Any Award granted hereunder shall be exercisable at such times and under such conditions as determined by the Administrator under the
terms of the Plan and specified in the Award Agreement; provided however, that no Option or SAR granted to an Employee who is a non-exempt employee for purposes of the Fair Labor Standards Act of 1938, as amended, shall be first exercisable until at
least six (6) months following the date of grant of such Option or SAR (except in the event of such Employee’s death, disability or retirement, upon a Corporate Transaction, or as otherwise permitted by the Worker Economic Opportunity
Act). 
 (ii) An Award shall be deemed to be exercised when written notice of such exercise has been given to the Company in accordance
with the terms of the Award by the person entitled to exercise the Award and full payment for the Shares with respect to which the Award is exercised, including, to the extent selected, use of the broker-dealer sale and remittance procedure to pay
the purchase price as provided in Section 7(b)(v). 

 (b) Exercise of Award Following Termination of Continuous Active Service. 

(i) An Award may not be exercised after the termination date of such Award set forth in the Award Agreement and may be exercised following
the termination of a Grantee’s Continuous Active Service only to the extent provided in the Award Agreement. 
 (ii) Where the Award
Agreement permits a Grantee to exercise an Award following the termination of the Grantee’s Continuous Active Service for a specified period, the Award shall terminate to the extent not exercised on the last day of the specified period or the
last day of the original term of the Award, whichever occurs first. 
 (iii) Any Award designated as an Incentive Stock Option to the
extent not exercised within the time permitted by law for the exercise of Incentive Stock Options following the termination of a Grantee’s Continuous Active Service shall convert automatically to a Non-Qualified Stock Option and thereafter
shall be exercisable as such to the extent exercisable by its terms for the period specified in the Award Agreement. 
 9. Conditions
Upon Issuance of Shares. 
 (a) Shares shall not be issued pursuant to the exercise of an Award unless the exercise of such Award and
the issuance and delivery of such Shares pursuant thereto shall comply with all Applicable Laws, and shall be further subject to the approval of counsel for the Company with respect to such compliance. 

(b) As a condition to the exercise of an Award, the Company may require the person exercising such Award to represent and warrant at the time
of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a representation is required by any Applicable Laws.

 10. Adjustments Upon Changes in Capitalization. Subject to any required action by the stockholders of the Company and the
requirements of Sections 409A and 424 of the Code to the extent applicable, in the event of any change in the Common Stock effected without receipt of consideration by the Company, whether through merger, consolidation, reorganization,
reincorporation, recapitalization, reclassification, stock dividend, stock split, reverse stock split, split-up, split-off, spin-off, combination of shares, exchange of shares, or similar change in the capital structure of the Company, or in the
event of payment of a dividend or distribution to the stockholders of the Company in a form other than Common Stock (excepting regular, periodic cash dividends) that has a material effect on the Fair Market Value of Shares, appropriate and
proportionate adjustments shall be made in the number and kind of shares subject to the Plan and to any outstanding Awards, the maximum number of Shares with respect to which Awards may be granted to any Grantee in any fiscal year of the Company set
forth in Section 6(g)(i), and in the exercise or purchase price per Share under any outstanding Award in order to prevent dilution or enlargement of Grantees’ rights under the Plan. For purposes of the foregoing, conversion of any
convertible securities of the Company shall not be treated as “effected without receipt of consideration by the Company.” Any fractional share resulting from an adjustment pursuant to this Section shall be rounded down to the nearest whole
number and the exercise or purchase price per share shall be rounded up to the nearest whole cent. The Administrator in its discretion, may also make such adjustments in the terms of any Award to reflect, or related to, such changes in the capital
structure of the Company or distributions as it deems appropriate, including modification of Performance Criteria, Performance Award Formulas and Performance Periods. The adjustments determined by the Administrator pursuant to this Section shall be
final, binding and conclusive. 
 11. Corporate Transactions. 

(a) Termination of Award to Extent Not Assumed in Corporate Transaction. Effective upon the consummation of a Corporate Transaction,
all outstanding Awards under the Plan shall terminate. However, all such Awards shall not terminate to the extent they are Assumed in connection with the Corporate Transaction. 

(b) Acceleration of Award Upon Corporate Transaction. Except as provided otherwise in an individual Award Agreement, in the event of a
Corporate Transaction, for the portion of each Award that is neither 

 
Assumed nor Replaced, such portion of the Award shall automatically become fully vested and exercisable and be released from any repurchase or forfeiture rights (other than repurchase rights
exercisable at fair market value) for all of the Shares at the time represented by such portion of the Award, immediately prior to the specified effective date of such Corporate Transaction. 

(c) Effect of Acceleration on Incentive Stock Options. Any Incentive Stock Option the exercisability of which is accelerated under this
Section 11 in connection with a Corporate Transaction shall remain exercisable as an Incentive Stock Option under the Code only to the extent the $100,000 dollar limitation of Section 422(d) of the Code is not exceeded. To the extent such
dollar limitation is exceeded, the excess Options shall be treated as Non-Qualified Stock Options. 
 12. Compliance with
Section 409A. The Plan and all Awards granted hereunder are intended to comply with, or otherwise be exempt from, Section 409A. The Plan and all Awards granted under the Plan shall be administered, interpreted, and construed in a
manner consistent with Section 409A, as determined by the Administrator in good faith, to the extent necessary to avoid the imposition of additional taxes under Section 409A(a)(1)(B) of the Code. It is intended that any election, payment
or benefit which is made or provided pursuant to or in connection with any Award that may result in Section 409A Deferred Compensation shall comply in all respects with the applicable requirements of Section 409A. In connection with
effecting such compliance with Section 409A, the following shall apply: 
 (a) Notwithstanding anything to the contrary in the Plan, to
the extent required to avoid tax penalties under Section 409A, amounts that would otherwise be payable and benefits that would otherwise be provided pursuant to the Plan on account of, and during the six (6) month period immediately
following, the Grantee’s termination of Continuous Active Service shall instead be paid on the first payroll date after the six-month anniversary of the Grantee’s “separation from service” within the meaning of Section 409A
(or the Grantee’s death, if earlier). 
 (b) Neither any Grantee nor the Company shall take any action to accelerate or delay the
payment of any amount or benefits under an Award in any manner which would not be in compliance with Section 409A. 
 (c)
Notwithstanding anything to the contrary in the Plan or any Award Agreement, to the extent that any Section 409A Deferred Compensation would become payable under the Plan by reason of a Corporate Transaction, such amount shall become payable
only if the event constituting the Corporate Transaction would also constitute a change in ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company within the meaning of
Section 409A. Any Award which would result in the payment of Section 409A Deferred Compensation and which would vest and otherwise become payable upon a Corporate Transaction as a result of the failure of the Award to be Assumed or
Replaced in accordance with Section 11(b) shall vest to the extent provided by such Award but shall be converted automatically at the effective time of such Corporate Transaction into a right to receive, in cash on the date or dates such Award
would have been settled in accordance with its then existing settlement schedule, an amount or amounts equal in the aggregate to an amount which preserves the compensation element of the Award at the time of the Corporate Transaction. 

(d) Should any provision of the Plan, any Award Agreement, or any other agreement or arrangement contemplated by the Plan be found not to
comply with, or otherwise be exempt from, the provisions of Section 409A, such provision shall be modified and given effect (retroactively if necessary), in the sole discretion of the Administrator, and without the consent of the holder of the
Award, in such manner as the Administrator determines to be necessary or appropriate to comply with, or to effectuate an exemption from, Section 409A. 

(e) Notwithstanding the foregoing, neither the Company nor the Administrator shall have any obligation to take any action to prevent the
assessment of any tax or penalty on any Grantee under Section 409A and neither the Company nor the Administrator will have any liability to any Grantee for such tax or penalty. 

13. Term of Plan. The Plan shall continue in effect for a term of ten (10) years from the Effective Date, unless sooner
terminated. Subject to Applicable Laws, Awards may be granted under the Plan upon its becoming effective. 

 14. Amendment, Suspension or Termination of the Plan. 

(a) The Board may at any time amend, suspend or terminate the Plan; provided, however, that no such amendment shall be made without the
approval of the Company’s stockholders to the extent such approval is required by Applicable Laws, or if such amendment would change any of the provisions of Section 4(b)(vii) or this Section 14(a). Notwithstanding any other provision
of the Plan to the contrary, the Board may, in its sole and absolute discretion and without the consent of any participant, amend the Plan or any Award Agreement, to take effect retroactively or otherwise, as it deems necessary or advisable for the
purpose of conforming the Plan or such Award Agreement to any present or future law, regulation or rule applicable to the Plan, including, but not limited to, Section 409A. 

(b) No Award may be granted during any suspension of the Plan or after termination of the Plan. 

(c) No suspension or termination of the Plan (including termination of the Plan under Section 13, above) shall adversely affect any
rights under Awards already granted to a Grantee. 
 15. Reservation of Shares. 

(a) The Company, during the term of the Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to
satisfy the requirements of the Plan. 
 (b) The inability of the Company to obtain authority from any regulatory body having jurisdiction,
which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such
requisite authority shall not have been obtained. 
 16. Rights as a Stockholder. 

(a) A Grantee shall have no rights as a stockholder with respect to any Shares covered by an Award until the date of the issuance of such
Shares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date
such Shares are issued, except as provided in Section 10 or another provision of the Plan. 
 (b) Except as provided in any Award
Agreement, during any period in which Shares acquired pursuant to an Award remain subject to vesting conditions, the Grantee shall have all of the rights of a stockholder of the Company holding shares of Common Stock, including the right to vote
such Shares and to receive all dividends and other distributions paid with respect to such Shares; provided, however, that if so determined by the Administrator and provided by the Award Agreement, such dividends and distributions shall be subject
to the same vesting conditions as the Shares subject to the Award with respect to which such dividends or distributions were paid, and otherwise shall be paid no later than the end of the calendar year in which such dividends or distributions are
paid to stockholders (or, if later, the 15th day of the third month following the date such dividends or distributions are paid to stockholders). In the event of a dividend or distribution paid in shares of Common Stock or other property or any
other adjustment made upon a change in the capital structure of the Company as described in Section 10, any and all new, substituted or additional securities or other property (other than regular, periodic cash dividends) to which Grantee is
entitled by reason of the Grantee’s Award shall be immediately subject to the same vesting conditions as the Shares subject to the Award with respect to which such dividends or distributions were paid or adjustments were made. 

17. Delivery of Title to Shares. Subject to any governing rules or regulations, the Company shall issue or cause to be issued the
Shares acquired pursuant to an Award and shall deliver such Shares to or for the benefit of the Grantee by means of one or more of the following: (a) by delivering to the Grantee evidence of book entry shares of Common Stock credited to the
account of the Grantee, (b) by depositing such Shares for the benefit of the Grantee with any broker with which the Grantee has an account relationship, or (c) by delivering such Shares to the Grantee in certificate form. 

 18. Fractional Shares. The Company shall not be required to issue fractional shares upon
the exercise or settlement of any Award. 
 19. No Effect on Terms of Employment/Consulting Relationship. The Plan shall not confer
upon any Grantee any right with respect to the Grantee’s Continuous Active Service, nor shall it interfere in any way with his or her right or the right of the Company or any Related Entity to terminate the Grantee’s Continuous Active
Service at any time, with or without Cause, and with or without notice. The ability of the Company or any Related Entity to terminate the employment of a Grantee who is employed at will is in no way affected by its determination that the
Grantee’s Continuous Active Service has been terminated for Cause for the purposes of this Plan. 
 20. No Effect on Retirement and
Other Benefit Plans. Except as specifically provided in a retirement or other benefit plan of the Company or a Related Entity, Awards shall not be deemed compensation for purposes of computing benefits or contributions under any retirement plan
of the Company or a Related Entity, and shall not affect any benefits under any other benefit plan of any kind or any benefit plan subsequently instituted under which the availability or amount of benefits is related to level of compensation. The
Plan is not a “Retirement Plan” or “Welfare Plan” under the Employee Retirement Income Security Act of 1974, as amended. 

21. Forfeiture Events. 

(a) The Administrator may specify in an Award Agreement that the Grantee’s rights, payments, and benefits with respect to an Award shall
be subject to reduction, cancellation, forfeiture, or recoupment upon the occurrence of specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but shall not be limited to,
termination of Continuous Active Service for Cause or any act by a Grantee, whether before or after termination of Continuous Active Service, that would constitute Cause for termination of Continuous Active Service, or any accounting restatement due
to material noncompliance of the Company with any financial reporting requirements of securities laws as a result of which, and to the extent that, such reduction, cancellation, forfeiture, or recoupment is required by applicable securities laws,
including, without limitation, Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. 
 (b) If the Company is
required to prepare an accounting restatement due to the material noncompliance of the Company, as a result of misconduct, with any financial reporting requirement under the securities laws, any Grantee who knowingly or through gross negligence
engaged in the misconduct, or who knowingly or through gross negligence failed to prevent the misconduct, and any Grantee who is one of the individuals subject to automatic forfeiture under Section 304 of the Sarbanes-Oxley Act of 2002, shall
reimburse the Company for (i) the amount of any payment in settlement of an Award received by such Grantee during the twelve- (12-) month period following the first public issuance or filing with the United States Securities and Exchange
Commission (whichever first occurred) of the financial document embodying such financial reporting requirement, and (ii) any profits realized by such Grantee from the sale of securities of the Company during such twelve- (12-) month period.

 22. No Constraint on Corporate Action. Nothing in this Plan shall be construed to: (a) limit, impair, or otherwise affect the
Company’s or a Related Entity’s right or power to make adjustments, reclassifications, reorganizations, or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell, or transfer all or any part
of its business or assets; or (b) limit the right or power of the Company or a Related Entity to take any action which such entity deems to be necessary or appropriate. 

23. Unfunded Obligation. Grantees shall have the status of general unsecured creditors of the Company. Any amounts payable to Grantees
pursuant to the Plan shall be unfunded and unsecured obligations for all purposes, including, without limitation, Title I of the Employee Retirement Income Security Act of 1974, as amended. Neither the Company nor any Related Entity shall be
required to segregate any monies from its general funds, or to create any trusts, or establish any special accounts with respect to such obligations. The Company shall retain at all times beneficial ownership of any investments, including trust
investments, which the Company may make to fulfill its payment obligations hereunder. Any investments or the creation or maintenance of any trust or 

 
any Grantee account shall not create or constitute a trust or fiduciary relationship between the Administrator, the Company or any Related Entity and a Grantee, or otherwise create any vested or
beneficial interest in any Grantee or the Grantee’s creditors in any assets of the Company or a Related Entity. The Grantees shall have no claim against the Company or any Related Entity for any changes in the value of any assets that may be
invested or reinvested by the Company with respect to the Plan. 
 24. Choice of Law. Except to the extent governed by applicable
federal law, the validity, interpretation, construction and performance of the Plan and each Award Agreement shall be governed by the laws of the State of California, without regard to its conflict of law rules.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00246-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00246-of-00352.parquet"}]]