Document:

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                                                                    Exhibit 10.7

                              SONUS NETWORKS, INC.

                            SERIES D PREFERRED STOCK
                               PURCHASE AGREEMENT

                                  March 9, 2000

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                              SONUS NETWORKS, INC.

                            SERIES D PREFERRED STOCK
                               PURCHASE AGREEMENT

                                TABLE OF CONTENTS
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1.       Authorization and Sale of Shares............................................................ 1
         1.1      Authorization...................................................................... 1
         1.2      Sale of Shares..................................................................... 1
         1.3      Use of Proceeds.................................................................... 1

2.       The Closing................................................................................. 1

3.       Representations of the Company.............................................................. 2
         3.1      Organization and Standing.......................................................... 3
         3.2      Capitalization..................................................................... 4
         3.3      Subsidiaries, Etc.................................................................. 4
         3.4      Issuance of Shares; Agreements..................................................... 4
         3.5      Authority for Agreement............................................................ 4
         3.6      Governmental Consents.............................................................. 5
         3.7      Litigation......................................................................... 5
         3.8      Financial Statements............................................................... 5
         3.9      Absence of Certain Changes......................................................... 5
         3.10     Taxes.............................................................................. 6
         3.11     Title to Properties................................................................ 6
         3.12     Leasehold Interests................................................................ 6
         3.13     Intellectual Property.............................................................. 7
         3.14     Material Contracts and Obligations................................................. 8
         3.15     Compliance......................................................................... 8
         3.16     Employees.......................................................................... 9
         3.17     ERISA.............................................................................. 9
         3.18     Books and Records..................................................................10
         3.19     U.S. Real Property Holding Corporation.............................................10
         3.20     Disclosures........................................................................10
         3.21     Year 2000 Compatibility............................................................10

4.       Representations of the Purchasers...........................................................11
         4.1      Investment.........................................................................11
         4.2      Authority..........................................................................11
         4.3      Experience.........................................................................11
         4.4      Status.............................................................................12

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5.       Covenants of the Company....................................................................12
         5.1      Inspection.........................................................................12
         5.2      Financial Statements and Other Information.........................................12
         5.3      Material Changes and Litigation....................................................13
         5.4      Insurance..........................................................................13
         5.5      Employee Agreements................................................................14
         5.6      Related Party Transactions.........................................................14
         5.7      Reservation of Common Stock........................................................14
         5.8      Board of Directors.................................................................14
         5.9      Termination of Covenants...........................................................14

6.       Transfer of Shares..........................................................................15
         6.1      Restricted Shares..................................................................15
         6.2      Requirements for Transfer..........................................................15
         6.3      Legend.............................................................................16
         6.4      Rule 144A Information..............................................................16

7.       Miscellaneous...............................................................................16
         7.1      Successors and Assigns.............................................................16
         7.2      Confidentiality....................................................................16
         7.3      Survival of Representations and Warranties.........................................17
         7.4      Expenses...........................................................................17
         7.5      Notices............................................................................17
         7.6      Brokers............................................................................17
         7.7      Entire Agreement...................................................................17
         7.8      Amendments and Waivers.............................................................18
         7.9      Counterparts.......................................................................18
         7.10     Section Headings...................................................................18
         7.11     Severability.......................................................................18
         7.12     Governing Law......................................................................18

         Schedule I
         Disclosure Schedule

         Exhibit A  Form of Restated Certificate
         Exhibit B  Form of Opinion of Bingham Dana LLP
         Exhibit C  Form of Investor Agreement
         Exhibit D  Form of Right of First Refusal Agreement
         Exhibit E  Form of Stock Repurchase Agreement
         Exhibit F  Form of Noncompetition and Confidentiality Agreement
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                   SERIES D PREFERRED STOCK PURCHASE AGREEMENT
                   -------------------------------------------

         This Series D Preferred Stock Purchase Agreement (this "AGREEMENT"),
dated as of March 9, 2000, is entered into by and among Sonus Networks, Inc., a
Delaware corporation (the "COMPANY"), and the persons and entities listed on
SCHEDULE I attached hereto (individually, a "PURCHASER" and, collectively, the
"PURCHASERS").

         In consideration of the mutual promises and covenants contained in this
Agreement, the parties hereto agree as follows:

         1.       AUTHORIZATION AND SALE OF SHARES.

                  1.1 AUTHORIZATION. The Company has duly authorized the sale
and issuance, pursuant to the terms of this Agreement, of up to 1,585,366 shares
of its Series D Convertible Preferred Stock, $0.01 par value per share (the
"SERIES D PREFERRED STOCK"), having the rights, restrictions, privileges and
preferences set forth in the Third Amended and Restated Certificate of
Incorporation of the Company attached hereto as EXHIBIT A (the "RESTATED
CERTIFICATE"). The Company has adopted and filed the Restated Certificate with
the Secretary of State of the State of Delaware.

                  1.2 SALE OF SHARES. Subject to the terms and conditions of
this Agreement the Company will issue and sell to each Purchaser, and each
Purchaser will purchase, for a purchase price of $16.40 per share, such number
of shares of Series D Preferred Stock as is set forth opposite such Purchaser's
name on SCHEDULE I attached hereto. The shares of Series D Preferred Stock being
sold under this Agreement are referred to as the "SHARES." The Company's
agreement with each of the Purchasers is a separate agreement, and the sale of
Shares to each of the Purchasers is a separate sale.

                  1.3 USE OF PROCEEDS. The Company will use the proceeds from
the sale of the Shares for working capital purposes, the purchase of fixed
assets, the acquisition of other businesses and/or technologies and the
repayment of certain indebtedness.

         2. THE CLOSING. (a) The closing (the "CLOSING") of the sale and
purchase of the Shares under this Agreement shall take place at the offices of
Bingham Dana LLP, 150 Federal Street, Boston, Massachusetts at 9:00 a.m. on the
date of this Agreement, or at such other time, date and place as are mutually
agreeable to the Company and the Purchasers. The date of the Closing is
hereinafter referred to as the "CLOSING DATE."

            (b) At the Closing:

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                (i) the Company shall deliver to the Purchasers a certificate,
as of the most recent practicable date, as to the corporate good standing of the
Company issued by the Secretary of State of the State of Delaware;

                (ii) the Company shall deliver to the Purchasers the Restated
Certificate of Incorporation, as in effect as of the Closing Date, certified by
the Secretary of State of the State of Delaware;

                (iii) the Company shall deliver to the Purchasers a
Certificate of the Secretary of the Company attesting to (i) the By-laws of
the Company, and (ii) resolutions of the Board of Directors and the
stockholders of the Company authorizing and approving all matters in
connection with this Agreement and the transactions contemplated hereby;

                (iv) Bingham Dana LLP, counsel for the Company, shall deliver to
the Purchasers an opinion, dated the Closing Date, in the form attached hereto
as EXHIBIT B;

                (v) the Company and the Purchasers shall execute and deliver the
Third Amended and Restated Investor Rights Agreement in the form attached hereto
as EXHIBIT C (the "INVESTOR AGREEMENT");

                (vi) the Company, the Purchasers and the other parties thereto
shall execute and deliver the Third Amended and Restated Right of First Refusal
and Co-Sale Agreement in the form attached hereto as EXHIBIT D (the "RIGHT OF
FIRST REFUSAL AGREEMENT");

                (vii) the Company shall deliver to each Purchaser a copy of a
waiver of the pre-emptive rights of the holders of Series A, Series B and Series
C Preferred Stock;

                (viii) the Company shall deliver to each Purchaser a certificate
for the number of Shares being purchased by such Purchaser, registered in the
name of such Purchaser;

                (ix) each Purchaser shall pay to the Company the purchase price
for the Shares being purchased by such Purchaser, by wire transfer or certified
check; and

                (x) the Company and each of the Purchasers shall execute and
deliver a cross-receipt.

         3. REPRESENTATIONS OF THE COMPANY. The Company hereby represents and
warrants to the Purchasers as follows, subject in each case to such exceptions
as are

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specifically contemplated by this Agreement or as are set forth in the
Disclosure Schedule attached hereto (the "DISCLOSURE SCHEDULE"). Notwithstanding
any other provision of this Agreement or the Disclosure Schedule, each exception
set forth in the Disclosure Schedule will be deemed to qualify each
representation and warranty set forth in this Agreement that is specifically
identified (by cross-reference or otherwise) in the Disclosure Schedule as being
qualified by such exception.

            3.1 ORGANIZATION AND STANDING. The Company is a corporation
duly organized, validly existing and in good standing under the laws of the
State of Delaware and has full corporate power and authority to conduct its
business as presently conducted and as proposed to be conducted by it and to
enter into and perform this Agreement and to carry out the transactions
contemplated by this Agreement. The Company is duly qualified to do business as
a foreign corporation and is in good standing in the Commonwealth of
Massachusetts and in any other jurisdiction in which the failure to so qualify
would have a material adverse effect on the operations or financial condition of
the Company. The Company has furnished to special counsel to the Purchasers true
and complete copies of its Restated Certificate and By-laws, each as amended to
date and presently in effect.

            3.2 CAPITALIZATION. The authorized capital stock of the Company
(immediately prior to the Closing) consists of (a) 17,000,000 shares of
preferred stock, $0.01 par value per share (of which 7,220,000 shares have been
designated as Series A Convertible Preferred Stock (the "SERIES A PREFERRED
STOCK"), 3,247,857 shares have been designated as Series B Convertible Preferred
Stock (the "SERIES B PREFERRED STOCK"), 2,153,072 shares have been designated as
Series C Convertible Preferred Stock (the "SERIES C PREFERRED STOCk"), and
1,585,366 have been designated as Series D Convertible Preferred Stock, of which
7,180,000 shares of Series A Preferred Stock, 3,204,287 shares of Series B
Preferred Stock, 1,939,681 shares of Series C Preferred Stock, and no shares of
Series D Preferred Stock are issued or outstanding and (b) 70,000,000 shares of
common stock, $0.001 par value per share (the "COMMON Stock"), of which (i)
8,292,731 shares are issued and outstanding other than those under the Company's
Amended and Restated 1997 Stock Incentive Plan (as amended, the "PLAN"), (ii)
16,250,000 shares have been reserved for issuance pursuant to the Plan, of which
the Company has issued or committed to issue not more than an aggregate of
15,759,922 shares in the form of restricted shares of Common Stock or stock
options exercised or exercisable for shares of Common Stock pursuant to the
terms of such Plan, and (iii) 30,809,920 shares have been reserved for issuance
upon the conversion of the Shares, shares of Series A Preferred Stock, shares of
Series B Preferred Stock, and shares of Series C Preferred Stock. At the
Closing, the Common Stock, the Series A Preferred Stock, the Series B Preferred
Stock, the Series C Preferred Stock and the Series D Preferred Stock will have
the voting powers, designations, preferences, rights and qualifications, and
limitations or restrictions set forth in the Restated Certificate. All of the
issued and outstanding shares of Common Stock have been duly authorized and
validly issued and are fully paid and nonassessable. Except for the Series A
Preferred Stock, the Series B Preferred Stock or the Series C

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                                      -4-

Preferred Stock or as set forth in Section 3.2 of the Disclosure Schedule or as
contemplated by this Agreement, (i) no subscription, warrant, option,
convertible security or other right (contingent or otherwise) to purchase or
acquire any shares of capital stock of the Company is authorized or outstanding,
(ii) the Company has no obligation (contingent or otherwise) to issue any
subscription, warrant, option, convertible security or other such right or to
issue or distribute to holders of any shares of its capital stock any evidences
of indebtedness or assets of the Company, and (iii) the Company has no
obligation (contingent or otherwise) to purchase, redeem or otherwise acquire
any shares of its capital stock or any interest therein or to pay any dividend
or make any other distribution in respect thereof. All of the issued and
outstanding shares of capital stock of the Company have been offered, issued and
sold by the Company in compliance in all material respects with applicable
Federal and state securities laws.

            3.3 SUBSIDIARIES, ETC. Except as set forth in Section 3.3 of the
Disclosure Schedule, the Company has no subsidiaries and does not own or
control, directly or indirectly, any shares of capital stock of any other
corporation or any interest in any partnership, joint venture or other
non-corporate business enterprise.

            3.4 ISSUANCE OF SHARES; AGREEMENTS. The issuance, sale and
delivery of the Shares in accordance with this Agreement, and the issuance and
delivery of the shares of Common Stock issuable upon conversion of the Shares,
have been duly authorized by all necessary corporate action on the part of the
Company, and all such shares have been duly reserved for issuance. The Shares
when so issued, sold and delivered against payment therefor in accordance with
the provisions of this Agreement, and the shares of Common Stock issuable upon
conversion of the Shares, when issued upon such conversion, will be duly and
validly issued, fully paid and non-assessable. Except as set forth in Section
3.4 of the Disclosure Schedule or as contemplated by this Agreement, there are
no agreements, written or oral, between the Company and any holder of its
capital stock, or, to the best of the Company's knowledge, among any holders of
its capital stock, relating to the acquisition (including without limitation
rights of first refusal or pre-emptive rights), disposition, registration under
the Securities Act of 1933, as amended (the "SECURITIES ACT"), or voting of the
capital stock of the Company.

            3.5 AUTHORITY FOR AGREEMENT. The execution, delivery and performance
by the Company of this Agreement and all other agreements required to be
executed by the Company at the Closing pursuant to Section 2 (the "ANCILLARY
AGREEMENTS"), and the consummation by the Company of the transactions
contemplated hereby and thereby, have been duly authorized by all necessary
corporate action. This Agreement and the Ancillary Agreements have been, or as
of the Closing will have been, duly executed and delivered by the Company and
constitute, or as of the Closing will constitute, valid and binding obligations
of the Company enforceable in accordance with their respective terms. The
execution of and performance of the transactions contemplated by this Agreement
and the Ancillary Agreements and compliance with their provisions by the Company
will not violate any provision of applicable law and will not

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                                      -5-

conflict with or result in any breach of any of the terms, conditions or
provisions of, or constitute a default under, or require a consent or waiver
under, its Restated Certificate or By-laws (each as amended to date) or any
material indenture, lease, agreement or other instrument to which the Company is
a party or by which it or any of its properties is bound, or any decree,
judgment, order, statute, rule or regulation applicable to the Company which
would have a material adverse effect on the business, properties or results of
operations of the Company (a "MATERIAL ADVERSE EFFECT").

            3.6 GOVERNMENTAL CONSENTS. No consent, approval, order or
authorization of, or registration, qualification, designation, declaration or
filing with, any governmental authority is required on the part of the Company
in connection with the execution and delivery of this Agreement, the offer,
issuance, sale and delivery of the Shares, or the other transactions to be
consummated at the Closing, as contemplated by this Agreement, other than such
filings as shall have been made prior to and shall be effective on and as of the
Closing. Based on the representations made by the Purchasers in Section 4 of
this Agreement, the offer and sale of the Shares to the Purchasers will be
exempt from the registration requirements of applicable Federal and state
securities laws.

            3.7 LITIGATION. Except as set forth in Section 3.7 of Disclosure
Schedule, there is no action, suit or proceeding, or governmental inquiry or
investigation, pending, or, to the best of the Company's knowledge, any basis
therefor or threat thereof, against the Company, which questions the validity of
this Agreement or the right of the Company to enter into it, or which might
result, either individually or in the aggregate, in any material adverse change
in the business, assets or condition, financial or otherwise, of the Company,
nor is there any litigation pending, or, to the best of the Company's knowledge,
any basis therefor or threat thereof, against the Company by reason of the
activities of the Company, or negotiations by the Company with possible
investors in the Company.

            3.8 FINANCIAL STATEMENTS. The Company has delivered to the
Purchasers copies of (i) its unaudited balance sheet as of December 31, 1999,
and the related unaudited statements of operations, redeemable convertible
preferred stock and stockholders' deficit, and cash flows for the fiscal year
then ended and for the period from inception (August 7, 1997) to December 31,
1999, and (ii) its unaudited balance sheet as of January 31, 2000 (the "MOST
RECENT BALANCE SHEET"), and the related unaudited statements of operations,
redeemable convertible stock and stockholders' deficit, and cash flows for the
one (1) month period then ended and for the period from inception (August 7,
1997) to January 31, 2000 (the "INTERIM FINANCIALS"). Except as set forth in
Section 3.8 of the Disclosure Schedule, each of such balance sheets fairly
presents, in all material respects, the financial condition of the Company as of
its respective date, and each of such statements of operations, redeemable
convertible preferred stock and stockholders' deficit, and cash flows fairly
presents, in all material respects, the results of operations, redeemable
convertible preferred stock and stockholders' deficit, or cash flows, as the
case may be, of the Company for the period

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                                      -6-

covered thereby; in each case in accordance with generally accepted accounting
principles, subject to the absence of footnotes and normal year-end adjustments.

            3.9 ABSENCE OF CERTAIN CHANGES. Except as set forth in Section
3.9 of the Disclosure Schedule, since the date of the Most Recent Balance Sheet,
there have not been any changes in the business, assets, financial condition, or
operating results of the Company that, either individually or in the aggregate,
have had a Material Adverse Effect (as defined in Section 3.5 hereof).

            3.10 TAXES. The Company has filed all tax returns required to
be filed by it on or prior to the date hereof, each such tax return has been
prepared in compliance with all applicable laws and regulations, and, to the
best of the Company's knowledge, all such tax returns are true and accurate in
all material respects. All taxes due and payable by the Company with respect to
any periods ending on or before the Closing Date have been paid. No claim has
ever been made by a taxing authority in a jurisdiction where the Company does
not pay tax or file tax returns that the Company is or may be subject to taxes
assessed by such jurisdiction. There are no liens for taxes (other than current
taxes not yet due and payable) on the assets of the Company. No action, suit,
taxing authority proceeding, or audit with respect to any tax is pending or, to
the best of the Company's knowledge, threatened, against or with respect to the
Company. No deficiency or proposed adjustment in respect of taxes that has not
been settled or otherwise resolved has been asserted or assessed by any taxing
authority against the Company. The Company has withheld and paid all taxes
required to have been withheld and paid by it in connection with amounts paid or
owing to any employee, creditor, independent contractor, or other person.
Neither the Company nor any of its stockholders has ever filed (a) an election
pursuant to Section 1362 of the Internal Revenue Code of 1986, as amended (the
"CODE"), that the Company be taxed as an S Corporation, or (b) consent pursuant
to Section 341(f) of the Code relating to collapsible corporations.

            3.11 TITLE TO PROPERTIES. Except as set forth in Section 3.11
of the Disclosure Schedule, the Company has good and valid title to its
properties and assets reflected in the Most Recent Balance Sheet or acquired by
it since the date of the Most Recent Balance Sheet (other than properties and
assets disposed of in the ordinary course of business since the date of the Most
Recent Balance Sheet), and, except as set forth in Section 3.11 of the
Disclosure Schedule, all such properties and assets are free and clear of
mortgages, pledges, security interests, liens, charges, claims, restrictions and
other encumbrances (including without limitation, easements and licenses),
except for liens for current taxes not yet due and payable and minor
imperfections of title, if any, not material in nature or amount and not
materially detracting from the value or impairing the use of the property
subject thereto or impairing the ability or operations of the Company, including
without limitation, the ability of the Company to secure financing using such
properties and assets as collateral. To the best of the Company's knowledge,
there are no condemnation, environmental, zoning or other land use regulation
proceedings, either instituted or planned to be instituted, which would
adversely affect the use or operation of

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                                      -7-

the Company's properties and assets for their intended uses and purposes, or the
value of such properties, and the Company has not received notice of any special
assessment proceedings which would affect such properties and assets.

            3.12 LEASEHOLD INTERESTS. Each lease or agreement to which the
Company is a party under which it is a lessee of any property, real or personal,
is a valid and subsisting agreement, duly authorized and entered into by the
Company, without any default of the Company thereunder and, to the best of the
Company's knowledge, without any default thereunder of any other party thereto.
No event has occurred and is continuing which, with due notice of lapse of time
or both, would constitute a default or event of default by the Company under any
such lease or agreement or, to the best of the Company's knowledge, by any other
party thereto. The Company's possession of such property has not been disturbed
and, to the best of the Company's knowledge, no claim has been asserted against
the Company adverse to its rights in such leasehold interests.

            3.13 INTELLECTUAL PROPERTY.

                 (a) To the best of the Company's knowledge, except as set forth
in Section 3.13(a) of the Disclosure Schedule, no third party has claimed or has
reason to claim that any person employed by or affiliated with the Company, in
connection with his or her employment by or affiliation with the Company, (i)
has violated or is violating any of the terms or conditions of his or her
employment, non-competition or non-disclosure agreement with such third party,
(ii) has disclosed or is disclosing or has utilized or is utilizing any trade
secret or proprietary information or documentation of such third party or (iii)
has interfered or is interfering in the employment relationship between such
third party and any of its present or former employees. Except as set forth in
Section 3.13(a) of the Disclosure Schedule, no third party has requested
information from the Company which suggests that such a claim might be
contemplated. To the best of the Company's knowledge, no person employed by or
affiliated with the Company has employed or proposes to employ any trade secret
or any information or documentation proprietary to any former employer, and to
the best of the Company's knowledge, no person employed by or affiliated with
the Company has violated any confidential relationship which such person may
have had with any third party, in connection with the development, manufacture
or sale or any product or proposed product or the development or sale of any
service or proposed service of the Company, and the Company has no reason to
believe there will be any such employment or violation. To the best of the
Company's knowledge, none of the execution or delivery of this Agreement, or the
carrying on of business of the Company by any officer, director or key employee
of the Company, or the conduct or proposed conduct of the business of the
Company, will conflict with or result in a breach of the terms, conditions or
provisions of or constitute a default under any contract, covenant or instrument
under which any such person is obligated which would have a Material Adverse
Effect.

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                                      -8-

                 (b) Set forth in Section 3.13(b) of the Disclosure Schedule is
a list of all domestic and foreign patents, patent rights, patent applications,
trademarks, trademark applications, service marks, service mark applications,
trade names and copyrights, and all applications for such which are currently in
the process of being prepared, owned by or registered in the name of the
Company, or of which the Company is a licensor or licensee or in which the
Company has any right, and in each case a brief description of the nature of
such right. Except as set forth in Section 3.13(b) of the Disclosure Schedule,
the Company owns or possesses adequate licenses or other rights to use all
patents, patent applications, trademarks, trademark applications, service marks,
service mark applications, trade names, copyrights, manufacturing processes,
formulae, trade secrets, customer lists and know-how (collectively,
"INTELLECTUAL PROPERTY") necessary for the conduct of its business as conducted
and as proposed to be conducted. Except as otherwise provided in Section 3.13(b)
of the Disclosure Schedule, no claim is pending or, to the best of the Company's
knowledge, threatened to the effect that the operations of the Company infringe
upon or conflict with the asserted rights of any other person under any
Intellectual Property, and, to the best of the Company's knowledge, there is no
basis for any such claim (whether or not pending or threatened). No claim is
pending or, to the best of the knowledge of the Company, threatened to the
effect that any such Intellectual Property owned or licensed by the Company, or
which the Company otherwise has the right to use, is invalid or unenforceable by
the Company, and, to the best of the Company's knowledge, there is no basis for
any such claim (whether or not pending or threatened). To the best of the
Company's knowledge, all technical information developed by and belonging to the
Company which has not been patented has been kept confidential. Except as set
forth in Section 3.13(b) of the Disclosure Schedule, the Company has not granted
or assigned to any other person or entity any right to manufacture, have
manufactured, assemble or sell the products or proposed products or to provide
the services or proposed services of the Company.

            3.14 MATERIAL CONTRACTS AND OBLIGATIONS. Except as contemplated by
this Agreement or as listed in Section 3.14 of the Disclosure Schedule, the
Company is not a party to any material agreement or commitment of any nature,
including without limitation (a) any agreement which requires future
expenditures by the Company in excess of $100,000, (b) any employment or
consulting agreement, employee benefit, bonus, pension, profit-sharing, stock
option, stock purchase or similar plan or arrangement, or distributor or sales
representative agreement, (c) any agreement with any stockholder, officer or
director of the Company, or any "affiliate" or "associate" of such persons (as
such terms are defined in the rules and regulations promulgated under the
Securities Act), including without limitation any agreement or other arrangement
providing for the furnishing of services by, rental of real or personal property
from, or otherwise requiring payments to, any such person or entity or (d) any
agreement relating to the intellectual property rights of the Company.

            3.15 COMPLIANCE. Except as set forth in Section 3.15 of the
Disclosure Schedule, the Company has, to its knowledge, in all material
respects, complied with all

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                                      -9-

laws, regulations and orders applicable to its present and proposed business and
has all material permits and governmental licenses required thereby. There is no
term or provision of any mortgage, indenture, contract, agreement or instrument
to which the Company is a party or by which it is bound, or, to the best of the
Company's knowledge, of any provision of any state or Federal judgment, decree,
order, statute, rule or regulation applicable to or binding upon the Company,
which materially adversely affects or, so far as the Company may now foresee, in
the future is reasonably likely to materially adversely affect, the business,
assets or condition, financial or otherwise, of the Company. Except as set forth
in Section 3.15 of the Disclosure Schedule, to the best of the Company's
knowledge, no employee of the Company is in violation of any term of any
contract or covenant (either with the Company or with another entity) relating
to employment, patents, proprietary information disclosure, non-competition or
non-solicitation.

            3.16 EMPLOYEES.

                 (a) Each holder of Common Stock has executed and delivered to
the Company a Stock Repurchase Agreement in substantially the form attached
hereto as EXHIBIT E, and all of such agreements are in full force and effect.

                 (b) Each employee of the Company has executed and delivered to
the Company a Noncompetition and Confidentiality Agreement covering a period of
one year following the termination of such employee's employment with the
Company, in substantially the form attached hereto as EXHIBIT F, and all of such
agreements are in full force and effect.

                 (c) None of the employees of the Company is represented by any
labor union, and there is no labor strike or other labor trouble pending with
respect to the Company (including, without limitation, any organizational drive)
or, to the best of the Company's knowledge, threatened.

            3.17 ERISA.

                 (a) Except as set forth on SCHEDULE 3.17 hereto, the Company
does not maintain and has no obligation to make contributions to, any employee
benefit plan (an "ERISA PLAN") within the meaning of Section 3(3) of the United
States Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or
any other retirement, profit sharing, stock option, stock bonus or employee
benefit plan (a "NON-ERISA PLAN"). All such ERISA Plans and Non-ERISA Plans have
been maintained and operated in all material respects in accordance with all
federal, state and local laws applicable to such plans, and the terms and
conditions of the respective plan documents, except where the failure to so
maintain or operate such ERISA Plans and Non-ERISA Plans would not have a
Material Adverse Effect.

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                                      -10-

                 (b) No material liability to the United States Pension Benefit
Guaranty Corporation ("PBGC"), or to any multi-employer pension plan within the
meaning of section 3(35) of ERISA, or to any other governmental authority,
pension or retirement board, or other agency, under any federal, state or local
law, has been or is expected to be incurred by the Company with respect to any
ERISA or Non-ERISA Plan. There has been no "reportable event" within the meaning
of Section 4043(b) of ERISA with respect to any ERISA Plan, and no event or
condition that presents a material risk of termination of any ERISA Plan by the
PBGC.

                 (c) Full payment has been made of all material amounts that the
Company is required under the terms of each ERISA Plan and Non-ERISA Plan, or
pursuant to applicable federal, state or local law, to have paid as
contributions to such ERISA Plan or Non-ERISA Plan as of the last day of the
most recent fiscal year of such ERISA Plan or Non-ERISA Plan ended prior to the
date hereof, and no accumulated funding deficiency (as defined in Section 302 of
ERISA and Section 412 of the Code), whether or not waived, exists with respect
to any ERISA Plan.

            3.18 BOOKS AND RECORDS. The minute books of the Company contain
records of all meetings and other corporate actions of its stockholders and its
Board of Directors and committees thereof, which are complete and accurate in
all material respects. The stock ledger of the Company is complete and reflects
all issuances, transfers, repurchases and cancellations of shares of capital
stock of the Company.

            3.19 U.S. REAL PROPERTY HOLDING CORPORATION. The Company is not now
and has never been a "United States Real Property Holding Corporation" as
defined in Section 897(c)(2) of the Code and Section 1.897-2(b) of the
Regulations promulgated by the Internal Revenue Service.

            3.20 DISCLOSURES. Neither this Agreement nor any Schedule or Exhibit
hereto, nor any certificate or instrument furnished to the Purchasers at the
Closing or as required by the terms of this Agreement, when read together,
contains or will contain any untrue statement of a material fact or omits or
will omit to state a material fact necessary in order to make the statements
contained herein or therein, in light of the circumstances under which they were
made, not misleading.

            3.21 YEAR 2000 COMPATIBILITY. To the best of the Company's
knowledge, all of the Company's material products (including products currently
under development), if applicable, will record, store, process and calculate and
present calendar dates falling on and after January 1, 2000, and will calculate
any information dependent on or relating to such dates in substantially the same
manner and with substantially the same functionality, data integrity and
performance as the products record, store, process, calculate and present
calendar dates on or before December 31, 1999, or calculate any information
dependent on or relating to such date (collectively "Year 2000 Compliant"). To
the best of the Company's knowledge, all of the Company's material products will
lose

<PAGE>

                                      -11-

no material functionality with respect to the introduction of records containing
dates falling on or after January 1, 2000. To the best of the Company's
knowledge, all of the Company's internal computer systems, including without
limitation, its accounting systems, are Year 2000 Compliant.

         4. REPRESENTATIONS OF THE PURCHASERS. Each Purchaser represents and
warrants to the Company as follows:

            4.1 INVESTMENT. Such Purchaser is acquiring the Shares, and the
shares of Common Stock into which the Shares may be converted, for its or his
own account for investment and not with a view to, or for sale in connection
with, any distribution thereof, nor with any present intention of distributing
or selling the same; and such Purchaser has no present or contemplated
agreement, undertaking, arrangement, obligation, indebtedness or commitment
providing for the disposition thereof. Such Purchaser acknowledges that the
Shares are restricted securities as defined under the Securities Act and shall
bear the legends set forth in Section 6.3 hereof.

            4.2 AUTHORITY. Such Purchaser has full power and authority to
enter into and to perform this Agreement in accordance with its terms. Such
Purchaser represents that it has not been organized, reorganized or
recapitalized specifically for the purpose of investing in the Company. This
Agreement and the Ancillary Agreement to be executed by such Purchaser have been
duly executed and delivered by such Purchaser and constitute valid and binding
obligations of such Purchaser enforceable in accordance with their respective
terms. The execution of and performance of the transactions contemplated by this
Agreement and the Ancillary Agreements to be executed by such Purchaser and
compliance with their provisions by such Purchaser will not violate any
provision of law and will not conflict with or result in any breach of any of
the terms, conditions or provisions of, or constitute a default under, or
require a consent or waiver under, its organizational documents (each as amended
to date) or any indenture, lease, agreement or other instrument to which the
Purchaser is a party or by which it or any of its properties is bound, or any
decree, judgment, order, statute, rule or regulation applicable to such
Purchaser.

            4.3 EXPERIENCE. Such Purchaser has carefully reviewed the
representations concerning the Company contained in this Agreement and has made
detailed inquiry concerning the Company, its business and its personnel; the
officers of the Company have made available to such Purchaser any and all
written information which it has requested and have answered to such Purchaser's
satisfaction all inquiries made by such Purchaser; and such Purchaser has
sufficient knowledge and experience in investing in companies similar to the
Company so as to be able to evaluate the risks and merits of its investment in
the Company and is able financially to bear the risks thereof, including a
complete loss of its investment. Such Purchaser understands that an investment
in the Company involves a high degree of risk in view of the fact that the

<PAGE>

                                      -12-

Company is a start-up enterprise with minimal operating history, and there may
never be an established market for the Company's capital stock.

            4.4 STATUS. Such Purchaser is an "accredited investor" as that
term is defined in Rule 501 of Regulation D promulgated under the Securities
Act. Such Purchaser represents that its investment in Series D Preferred Stock
will not violate any existing policy of its employer and that it has the
authority to make such an investment.

         5. COVENANTS OF THE COMPANY.

            5.1 INSPECTION. The Company shall permit each Purchaser (together
with any of its affiliates) holding not less than 237,805 shares of Series D
Stock at the relevant time (as adjusted for stock splits, stock dividends,
recapitalizations and similar events), or any authorized representative thereof,
to visit and inspect the properties of the Company, including its corporate and
financial records, and to discuss its business and finances with officers of the
Company, during normal business hours following reasonable notice and as often
as may be reasonably requested, without interruption of the business of the
Company and subject to the confidentiality obligations of Section 7.2 hereof.

            5.2  FINANCIAL STATEMENTS AND OTHER INFORMATION.

                 (a) So long as a Purchaser (together with any of its
affiliates) holds at least 237,805 shares of Series D Preferred Stock (as
adjusted for stock splits, stock dividends, recapitalizations and similar
events), the Company shall deliver to such Purchaser:

                     (i) within 90 days after the end of each fiscal year of the
Company, an audited balance sheet of the Company as at the end of such year, and
audited statements of operations, stockholders' equity and cash flows of the
Company for such year, certified by certified public accountants of established
national reputation selected by the Company, and prepared in accordance with
generally accepted accounting principles; and

                     (ii) within 45 days after the end of each fiscal quarter of
the Company, an unaudited balance sheet of the Company as at the end of such
quarter, and unaudited statements of operations and cash flows of the Company
for such fiscal quarter and for the current fiscal year to the end of such
fiscal quarter.

                 (b) So long as a Purchaser (together with any of its
affiliates) holds at least 237,805 shares of Series D Preferred Stock (as
adjusted for stock splits, stock dividends, recapitalizations and similar
events), the Company shall deliver to such Purchaser:

<PAGE>

                                      -13-

                     (i) within 30 days after the end of each month, an
unaudited balance sheet of the Company as at the end of such month and unaudited
statements of operations and cash flows of the Company for such month and for
the current fiscal year to the end of such month, setting forth in comparative
form the Company's projected financial statements for the corresponding periods
for the current fiscal year;

                     (ii) as soon as  available, but in any event within 30 days
after commencement of each new fiscal year, a budget, consisting of projected
financial statements for such fiscal year; and

                     (iii) with reasonable promptness, such other notices,
information and data with respect to the Company as the Company delivers to the
holders of its Common Stock, and such other information and data as such
Purchaser may from time to time reasonably request.

                 (c) The foregoing financial statements shall be prepared on a
consolidated basis if the Company then has any subsidiaries. The financial
statements delivered pursuant to clause (ii) of paragraph (a) and clause (i) of
paragraph (b) shall be accompanied by a certificate of the chief financial
officer of the Company stating that such statements have been prepared in
accordance with generally accepted accounting principles consistently applied
(except as noted) and fairly present, in all material respects, the financial
condition and results of operations of the Company at the date thereof and for
the periods covered thereby (subject, in the case of any such unaudited
financial statements to the absence of footnotes and to year-end adjustments).

            5.3  MATERIAL CHANGES AND LITIGATION. The Company shall promptly
notify the Purchasers of any material adverse change in the business, assets or
condition, financial or otherwise, of the Company and of any litigation or
governmental proceeding or investigation brought or, to the best of the
Company's knowledge, threatened against the Company, or against Hassan Ahmed,
Rubin Gruber, Michael G. Hluchyj or Kwok P. Wong (the "FOUNDERS") or any
officer, director, key employee or principal stockholder of the Company
materially adversely affecting or which, if adversely determined, would
materially adversely affect the Company's business, prospects, assets or
condition, financial or otherwise.

            5.4  INSURANCE.

                 (a) The Company shall maintain for a period of at least three
years from the procurement thereof, term life insurance upon the lives of each
of the Founders, in the amount of $1,000,000, with the proceeds payable to the
Company.

                 (b) The Company shall maintain in effect, policies of workers'
compensation insurance and of insurance with respect to its properties and
business,

<PAGE>

                                      -14-

including, without limitation, insurance against loss, damage, fire, theft,
public liability and other risks, which is adequate for the maintenance and
preservation of the Company's properties and business.

            5.5  EMPLOYEE AGREEMENTS. The Company shall require all employees
hereafter employed or engaged by the Company who are at or above the director
level or other key employees to enter into a Noncompetition and Confidentiality
Agreement covering a period of one year following the termination of such
employee's employment with the Company, substantially in the form attached
hereto as EXHIBIT F or in such other form as may be approved by the Board of
Directors.

            5.6  RELATED PARTY TRANSACTIONS. The Company shall not enter into
any agreement with any stockholder, officer or director of the Company, or any
"affiliate" or "associate" of such persons (as such terms are defined in the
rules and regulations promulgated under the Securities Act), including without
limitation any agreement or other arrangement providing for the furnishing of
services by, rental of real or personal property from, or otherwise requiring
payments to, any such person or entity, without the consent of at least a
majority of the members of the Company's Board of Directors having no interest
in such agreement or arrangement.

            5.7  RESERVATION OF COMMON STOCK. The Company shall reserve and
maintain a sufficient number of shares of Common Stock for issuance upon
conversion of all of the outstanding Shares.

            5.8 TERMINATION OF COVENANTS. The covenants of the Company contained
in Sections 5.1 through 5.7 shall terminate, and be of no further force or
effect, upon the closing of the Company's first offering of Common Stock to the
public, resulting in net proceeds to the Company of at least $25,000,000, and at
a price per share of at least $19.68 (as adjusted for stock splits, stock
dividends, recapitalizations and similar events) or, at such time as the
Purchasers (together with any affiliated entities to whom Shares have been
transferred) own less than an aggregate of 237,805 shares of Series D Preferred
Stock (as adjusted for stock splits, stock dividends, recapitalizations and
similar events).

            5.9 QUALIFIED SMALL BUSINESS STOCK. The Company shall submit to its
stockholders (including the Purchasers) and to the Internal Revenue Service any
reports that may be required under Section 1202(d)(1)(C) of the Code and the
Regulations promulgated thereunder. In addition, within ten days after a
Purchaser's written request therefor, the Company shall deliver to such
Purchaser a written statement indicating whether such Purchaser's interest in
the Company constitutes "qualified small business stock" as defined in Section
1202(c) of the Code.

<PAGE>

                                      -15-

         6. TRANSFER OF SHARES.

            6.1  RESTRICTED SHARES. "RESTRICTED SHARES" means (i) the Shares,
(ii) the shares of Common Stock issued or issuable upon conversion of the
Shares, (iii) any shares of capital stock of the Company acquired by a Purchaser
pursuant to the Investor Agreement or the Right of First Refusal Agreement, and
(iv) any other shares of capital stock of the Company issued in respect of such
shares (as a result of stock splits, stock dividends, reclassifications,
recapitalizations, or similar events); PROVIDED, HOWEVER, that shares of Common
Stock which are Restricted Shares shall cease to be Restricted Shares (i) upon
any sale pursuant to a registration statement under the Securities Act, or under
Section 4(1) of the Securities Act or Rule 144 under the Securities Act, or (ii)
at such time as they become eligible for sale under Rule 144(k) under the
Securities Act.

            6.2  REQUIREMENTS FOR TRANSFER.

                 (a) Restricted Shares shall not be sold or transferred unless
(1) either (i) they first shall have been registered under the Securities Act,
or (ii) the Company first shall have been furnished with an opinion of legal
counsel, reasonably satisfactory to the Company, to the effect that such sale or
transfer is exempt from the registration requirements of the Securities Act and
(2) such actions are in compliance with applicable state securities laws.

                 (b) Notwithstanding the foregoing, no registration or opinion
of counsel shall be required for (i) a transfer by a Purchaser which is a
partnership to a partner of such partnership or a retired partner of such
partnership who retires after the date hereof, or to the estate of any such
partner or retired partner, if the transferee agrees in writing to be subject to
the terms of this Section 6 to the same extent as if he were an original
Purchaser hereunder, or (ii) a transfer made in accordance with Rule 144 under
the Securities Act.

            6.3  LEGEND. Each certificate representing Restricted Shares shall
bear a legend substantially in the following form:

         "The shares represented by this certificate have not been registered
         under the Securities Act of 1933, as amended, and may not be offered,
         sold or otherwise transferred, pledged or hypothecated unless and until
         such shares are registered under such Act or an opinion of counsel
         satisfactory to the Company is obtained to the effect that such
         registration is not required."

         The foregoing legend shall be removed from the certificates
representing any Restricted Shares, at the request of the holder thereof, at
such time as they become eligible for resale pursuant to Rule 144(k) under the
Securities Act.

<PAGE>

                                      -16-

            6.4  RULE 144A INFORMATION. The Company shall, at all times
during which it is neither subject to the reporting requirements of Section 13
or 15(d) of the Securities Exchange Act of 1934, as amended (the "EXCHANGE
ACT"), nor exempt from reporting pursuant to Rule 12g3-2(b) under the Exchange
Act, upon the written request of a Purchaser, provide in writing to such
Purchaser, and to any prospective transferee of any Restricted Shares of such
Purchaser, the information concerning the Company described in Rule 144A(d)(4)
under the Securities Act ("RULE 144A INFORMATION"). The Company also shall, upon
the written request of a Purchaser, cooperate with and assist such Purchaser or
any member of the National Association of Securities Dealers, Inc. PORTAL system
in applying to designate and thereafter maintain the eligibility of the
Restricted Shares for trading through PORTAL. The Company's obligations under
this Section 6.4 shall at all times be contingent upon receipt from the
prospective transferee of Restricted Shares of a written agreement to take all
reasonable precautions to safeguard the Rule 144A Information from disclosure to
anyone other than persons who will assist such transferee in evaluating the
purchase of any Restricted Shares and to use such Rule 144A Information only for
such evaluation purposes.

         7. MISCELLANEOUS.

            7.1  SUCCESSORS AND ASSIGNS. This Agreement, and the rights and
obligations of each Purchaser hereunder, may be assigned by such Purchaser to
any person or entity to which at least 237,805 Shares, as adjusted for stock
splits, stock dividends, recapitalizations and similar events (or 100% of the
Shares originally purchased hereunder by such Purchaser, if less than 237,805
Shares), are transferred by such Purchaser, and such transferee shall be deemed
a "Purchaser" for purposes of this Agreement; provided that the transferee
provides written notice of such assignment to the Company and agrees to be bound
by the terms and conditions set forth herein.

            7.2  CONFIDENTIALITY. The Purchasers agree that they will keep
confidential and will not disclose or divulge any confidential, proprietary or
secret information which they may obtain from the Company pursuant to financial
statements, reports and other materials submitted by the Company to the
Purchasers pursuant to this Agreement or any rights granted hereunder, unless
such information is known, or until such information becomes known, to the
public; PROVIDED, HOWEVER, that a Purchaser may disclose such information (i) to
its attorneys, accountants, consultants, and other professionals to the extent
necessary to obtain their services in connection with its investment in the
Company, (ii) to any prospective purchaser of any Shares from such Purchaser as
long as such prospective purchaser agrees in writing to be bound by the
provisions of this Section, or (iii) to any affiliate of such Purchaser or to a
partner, shareholder or subsidiary of such Purchaser; subject to the agreement
of such party to keep such information confidential as set forth herein. Each
Purchaser agrees that it will not make, issue or release any public
announcement, public statement or public acknowledgement of the dollar amount of
any Purchaser's investment in Series D Preferred Stock. In addition, no
Purchaser shall make, issue or release any public

<PAGE>

                                      -17-

announcement, public statement or public acknowledgement of who served as the
lead investor in the Series D Preferred Stock financing unless the lead investor
shall have reviewed such release prior to its publication.

            7.3 SURVIVAL OF REPRESENTATIONS AND WARRANTIES. All agreements,
representations and warranties contained herein shall survive the execution and
delivery of this Agreement and the closing of the transactions contemplated
hereby for a period of eighteen (18) months from the date hereof.

            7.4 EXPENSES. The Company shall pay, at the Closing, the reasonable
costs and expenses of Gibson, Dunn & Crutcher LLP, counsel to the Purchasers,
not to exceed $15,000 in the aggregate, in connection with the preparation of
this Agreement and the other agreements and documents contemplated hereby and
the closing of the transactions contemplated hereby.

            7.5 NOTICES. All notices, requests, consents, and other
communications under this Agreement shall be in writing and shall be delivered
by hand, sent via a reputable nationwide overnight courier service or mailed by
first class certified or registered mail, return receipt requested, postage
prepaid:

         If to the Company, at Sonus Networks, Inc., 5 Carlisle Road, Westford,
MA 01886, Attn: President, or at such other address or addresses as may have
been furnished in writing by the Company to the Purchasers, with a copy to
Bingham Dana LLP, 150 Federal Street, Boston, MA 02110, Attn: David L. Engel,
Esq.

         If to a Purchaser, at its address as set forth on SCHEDULE I attached
hereto, or at such other address or addresses as may have been furnished to the
Company in writing by such Purchaser, with a copy to Gibson, Dunn & Crutcher
LLP, Attn: Peter Heilmann, Esq.

         Notices provided in accordance with this Section 7.5 shall be deemed
delivered upon personal delivery, one business day after being sent via a
reputable nationwide overnight courier service, or five business days after
deposit in the mail.

            7.6 BROKERS. The Company and the Purchasers each (i) represents and
warrants to the other parties hereto that he, she or it has retained no finder
or broker in connection with the transactions contemplated by this Agreement,
and (ii) will indemnify and save the other parties harmless from and against any
and all claims, liabilities or obligations with respect to brokerage or finders'
fees or commissions in connection with the transactions contemplated by this
Agreement asserted by any person on the basis of any agreement, statement or
representation alleged to have been made by such indemnifying party.

<PAGE>

                                      -18-

            7.7 ENTIRE AGREEMENT. This Agreement and the Ancillary Agreements
embody the entire agreement and understanding between the parties hereto with
respect to the subject matter hereof and supersedes all prior agreements and
understandings relating to such subject matter.

            7.8 AMENDMENTS AND WAIVERS. Except as otherwise expressly set
forth in this Agreement, any term of this Agreement may be amended and the
observance of any term of this Agreement may be waived (either generally or in a
particular instance and either retroactively or prospectively), with the written
consent of the Company and the holders of at least 66 2/3% of the shares of
Common Stock issued or issuable upon conversion of the Shares. Any amendment or
waiver effected in accordance with this Section 7.8 shall be binding upon each
holder of any Shares (including shares of Common Stock into which such Shares
have been converted) and each future holder of all such securities and the
Company. No waivers of or exceptions to any term, condition or provision of this
Agreement, in any one or more instances, shall be deemed to be, or construed as,
a further or continuing waiver of any such term, condition or provision.

            7.9 COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original, but all of which
shall be one and the same document.

            7.10 SECTION HEADINGS. The section headings are for the convenience
of the parties and in no way alter, modify, amend, limit, or restrict the
contractual obligations of the parties.

            7.11 SEVERABILITY. The invalidity or unenforceability of any
provision of this Agreement shall not affect the validity or enforceability of
any other provision of this Agreement.

            7.12 GOVERNING LAW. This Agreement shall be governed by and
construed in accordance with the laws of the State of Delaware.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

         Executed as an instrument under seal as of the date first written
above.

         COMPANY:

         SONUS NETWORKS, INC.

         By: /s/ Hassan Ahmed
            ------------------------------
                  Hassan Ahmed
                  President

         PURCHASERS:

         BroadBand Office, Inc.
         2900 Telestar Court
         Falls Church, VA  22042

              By: /s/ Johnson Agogbua
                 ------------------------------
                  Name: Johnson Agogbua
                  Title: Vice President, Engineering

         Credit Suisse First Boston Venture Fund I, L.P.
         2400 Hanover Street
         Palo Alto, CA

         By:      QBB Management I, LLC, its General Partner

              By: /s/ Frank Quattrone
                 ------------------------------
                  Name: Frank Quattrone
                  Title:  Member

         Time Warner Telecom Inc.
         10475 Park Meadows Drive
         Suite 4400
         Littleton, CO  80124

              By: /s/ Paul B. Jones
                 ------------------------------
                  Name: Paul B. Jones
                  Title: Senior Vice President
                         General Counsel & Regulatory Policy

<PAGE>

         ICI Capital LLC
         3625 Queen Palm Drive
         Tampa, FL  33611

              By: /s/ Raymond L. Lawless
                 ------------------------------
                  Name: Raymond L. Lawless
                  Title: Vice President and Treasurer

         Williams Communications, Inc.
         One Williams Center
         Tulsa, OK  74172

              By: /s/ Dell B. [ILLEGIBLE]
                 ------------------------------
                  Name:
                  Title:

         Global Crossing Ventures, Inc.
         141 Caspian Court
         Sunnyvale, CA 94089

              By: /s/ Michael Cohen
                 ------------------------------
                  Name: Michael Cohen
                  Title:

         Z-Tel Technologies, Inc.
         601 S. Harbour Island Blvd.
         Suite 220
         Tampa, FL  33602

              By: /s/ Eduard J. Mayer
                 ------------------------------
                  Name: Eduard J. Mayer
                  Title: President

         Tailwind Capital Partners 2000, L.P.
         c/o Thomas Weisel Partners
         One Montgomery Street, Suite 3700
         San Francisco, CA  94104

         By:  Thomas Weisel Capital Partners LLC,
              its General Partner

              By: /s/ Marianne Winkler
                 ------------------------------
                  Name: Marianne Winkler
                  Title: CFO

<PAGE>

         Hambrecht & Quist California
         One Bush Street
         San Francisco, CA 94104

              By: /s/ Thomas Szymoniak
                 ------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         Hambrecht & Quist California
         One Bush Street
         San Francisco, CA 94104

              By: /s/ Thomas Szymoniak
                 ------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         H&Q Employee Venture Fund 2000, L.P.
         One Bush Street
         San Francisco, CA 94104

         By:  H&Q Venture Management LLC, its General Partner

              By: /s/ Thomas Szymoniak
                 ------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         Access Technology Partners, L.P.
         One Bush Street
         San Francisco, CA 94104

         By:  Access Technology Management LLC, its General Partner

              By: /s/ Thomas Szymoniak
                 ------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

<PAGE>

         Access Technology Partners Brokers Fund, L.P.
         One Bush Street
         San Francisco, CA 94104

         By:  H&Q Venture Management, LLC, its General Partner

              By: /s/ Thomas Szymoniak
                 ------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         Viatel, Inc.
         685 Third Avenue,
         New York, NY 10017

              By: /s/ Sheldon M. Goldman
                 ------------------------------
                  Name: Sheldon M. Goldman
                  Title: EVP

         VYTL, LLC
         685 Third Avenue,
         New York, NY 10017

              By: /s/ Sheldon M. Goldman
                 ------------------------------
                  Name: Sheldon M. Goldman
                  Title:

         Eagle Teleprograms, Inc.
         60 East 56th Street
         New York, NY 10022

              By: /s/ Kent Srikanth Chargundla
                 ------------------------------
                  Name: Kent Srikanth Chargundla
                  Title: Chairman

         River Partners I
         c/o Tim Walsh
         1221 Avenue of the Americas
         New York, NY  10020

              By: /s/ Tim Walsh
                 ------------------------------
                  Name: Tim Walsh
                  Title: Managing Director

<PAGE>

         Carrier 1

         ----------------------

         ----------------------

         ----------------------

              By:
                 ------------------------------
                  Name:
                  Title:

         Whitman Partners, L.P.

              By: /s/ Douglas Whitman
                 ------------------------------
                  Name:
                  Its: Manager

              By:
                 ------------------------------
                  Name:
                  Title:

<PAGE>

         U.S. Bancorp Piper Jaffray ECM Fund I, LLC
         222 South Ninth Street
         Minneapolis, MN  55402

              By: /s/ John Jacobs
                 ------------------------------
                  Name: John Jacobs
                  Title: Managing Member

         GD&C Partners 2000 Fund, LLC
         333 South Grand Avenue
         Los Angeles, CA  90071

              By:  /s/ [Illegible]
                 ------------------------------
                  Name:
                  Its:  Manager

<PAGE>

                                   SCHEDULE I
                                   ----------

<TABLE>
<CAPTION>
                NAME OF AND ADDRESS                           NO. OF SHARES OF                     AGGREGATE
                   OF PURCHASER                           SERIES D PREFERRED STOCK               PURCHASE PRICE
----------------------------------------------------    ------------------------------    -----------------------------
  <S>                                                   <C>                               <C>
  Credit Suisse First Boston Venture Fund I, L.P.
  2400 Hanover Street                                              297,257                       $4,875,014.80
  Palo Alto, CA

  Time Warner Telecom Inc.
  10475 Park Meadows Drive                                         182,927                       $3,000,002.80
  Suite 4400
  Littleton, CO  80124

  ICI Capital LLC
  3625 Queen Palm Drive                                            121,952                       $2,000,012.80
  Tampa, FL  33611

  BroadBand Office, Inc.
  2900 Telestar Court                                              121,952                       $2,000,012.80
  Falls Church, VA  22042

  Williams Communications, Inc.
  One Williams Center                                              91,464                        $1,500,009.60
  Tulsa, OK  74172

  Global Crossing Ventures, Inc.
  141 Caspian Court                                                60,976                        $1,000,006.40
  Sunnyvale, CA 94089

  Z-Tel Technologies, Inc.
  601 S. Harbour Island Blvd.                                      42,683                         $700,001.20
  Suite 220
  Tampa, FL  33602

  Tailwind Capital Partners 2000, L.P.
  c/o Thomas Weisel Partners                                       152,440                       $2,500,016.00
  One Montgomery Street, Suite 3700
  San Francisco, CA  94104

  Hambrecht & Quist California
  One Bush Street                                                  10,244                          $168,001.60
  San Francisco, CA 94104

  Hambrecht & Quist California
  One Bush Street                                                   6,098                          $100,007.20
  San Francisco, CA 94104

<PAGE>

  H&Q Employee Venture Fund 2000, L.P.
  One Bush Street                                                    6,098                         $100,007.20
  San Francisco, CA 94104

  Access Technology Partners, L.P.
  One Bush Street                                                   97,561                       $1,600,000.40
  San Francisco, CA 94104

  Access Technology Partners Brokers Fund, L.P.
  One Bush Street                                                    1,951                          $31,996.40
  San Francisco, CA 94104

  U.S. Bancorp Piper Jaffray ECM Fund I, LLC
  222 South Ninth Street                                            91,464                       $1,500,009.60
  Minneapolis, MN  55402

  Viatel, Inc.
  685 Third Avenue,                                                 60,976                       $1,000,006.40
  New York, NY 10017

  VYTL, LLC
  685 Third Avenue,                                                 18,293                         $300,005.20
  New York, NY 10017

  Eagle Teleprogramming, Inc.
  60 East 56th Street                                               15,244                         $250,001.60
  New York, NY 10022

  River Partners I
  c/o Tim Walsh                                                    60,976                        $1,000,006.40
  1221 Avenue of the Americas
  New York, NY  10020

  Whitman Partners, L.P.
  _______________                                                  60,976                        $1,000,006.40
  _______________

  Carrier 1
  _______________                                                  60,976                        $1,000,006.40
  _______________

  GD&C Partners 2000 Fund, LLC
  333 South Grand Avenue                                            7,622                         $125,000.80
  Los Angeles, CA 90071
 </TABLE><PAGE>

                                                                    Exhibit 10.8

                           THIRD AMENDED AND RESTATED
                            INVESTOR RIGHTS AGREEMENT

         This Third Amended and Restated Investor Rights Agreement (this
"AGREEMENT"), dated as of March 9, 2000, is entered into by and among Sonus
Networks, Inc., a Delaware corporation (the "COMPANY"), the persons and entities
listed on the signature pages hereto under the heading "Purchasers"
(individually, a "PURCHASER", and collectively, the "PURCHASERS") and Hassan
Ahmed, Rubin Gruber, Michael G. Hluchyj and Kwok P. Wong (individually, a
"FOUNDER", and collectively, the "FOUNDERS").

                                   BACKGROUND

         WHEREAS, on November 18, 1997, the Company, certain of the Purchasers
(the "SERIES A PURCHASERS") and the Founders entered into an Investor Rights
Agreement (the "ORIGINAL AGREEMENT") to provide for (i) the composition of the
Board of Directors of the Company, (ii) certain arrangements with respect to the
registration of shares of capital stock of the Company under the Securities Act
of 1933, and (iii) a right of first refusal with respect to the sale of any
securities of the Company;

         WHEREAS, in connection with the purchase and sale of 3,144,287 shares
of Series B Convertible Preferred Stock, $.01 par value per share, of the
Company ("SERIES B PREFERRED STOCK"), by certain of the Purchasers (the "SERIES
B PURCHASERS"), the Company and the Series B Purchasers entered into an Amended
and Restated Investor Rights Agreement (the "RESTATED AGREEMENT");

         WHEREAS, in connection with the purchase and sale of 1,939,681 shares
of Series C Convertible Preferred Stock, $.01 par value per share, of the
Company ("SERIES C PREFERRED STOCK"), by certain of the Purchasers (the "SERIES
C PURCHASERS"), the Company and the Series C Purchasers entered into a Second
Amended and Restated Investor Rights Agreement (the "SECOND RESTATED
AGREEMENT");

         WHEREAS, the Company and certain of the Purchasers (the "SERIES D
PURCHASERS") have entered into a Series D Preferred Stock Purchase Agreement of
even date herewith (the "PURCHASE AGREEMENT"); and

         WHEREAS, in connection with the purchase and sale of up to 1,585,366
shares of Series D Convertible Preferred Stock, $.01 par value per share, of the
Company ("SERIES D PREFERRED STOCK"), by the Series D Purchasers, pursuant to
the Purchase Agreement, the parties hereto desire to amend and restate the
Second Restated Agreement as provided herein (the terms of this Agreement to
supersede the terms of the Second Restated Agreement in their entirety).

         NOW, THEREFORE, in consideration of the mutual promises and covenants
contained in this Agreement, and the consummation of the sale and purchase of
the Series D Preferred Stock pursuant to the Purchase Agreement, and for other
valuable

<PAGE>

                                      -2-

consideration, receipt of which is hereby acknowledged, the parties hereto agree
as follows:

                                    ARTICLE I
                                   DEFINITIONS

         As used in this Agreement, the following terms shall have the following
respective meanings:

                  "COMMISSION" means the United States Securities and Exchange
Commission, or any other federal agency at the time administering the Securities
Act.

                  "COMMON STOCK" means the common stock, $0.001 par value per
share, of the Company.

                  "EXCHANGE ACT" means the Securities Exchange Act of 1934, as
amended, or any similar federal statute, and the rules and regulations of the
Commission issued under such Act, as they each may, from time to time, be in
effect.

                  "INITIAL PUBLIC OFFERING" means (i) when such term is used in
connection with the Series A, Series B or Series C Preferred Stock, the sale of
shares of Common Stock in a firm commitment underwritten public offering
pursuant to a Registration Statement at a price to the public of at least $8.00
per share (adjusted for stock splits, stock dividends and similar events)
resulting in proceeds (net of the underwriting discounts or commissions and
offering expenses) to the Company of at least $10,000,000, and (ii) when such
term is used in connection with the Series D Preferred Stock, the sale of shares
of Common Stock in a firm commitment underwritten public offering pursuant to a
Registration Statement at a price to the public of at least $19.68 per share
(adjusted for stock splits, stock dividends and similar events) resulting in
proceeds (net of the underwriting discounts or commissions and offering
expenses) to the Company of at least $25,000,000.

                  "REGISTRATION STATEMENT" means a registration statement filed
by the Company with the Commission for a public offering and sale of Common
Stock by the Company (other than a registration statement on Form S-8 or Form
S-4, or their successors, or any other form for a similar limited purpose, or
any registration statement covering only securities proposed to be issued in
exchange for securities or assets of another corporation).

                  "REGISTRATION EXPENSES" means the expenses described in
Section 4 of Article III below.

                  "REGISTRABLE SHARES" means (i) the shares of Common Stock
issued or issuable upon conversion of the Shares, (ii) shares of Common Stock
held from time to time by the Founders, (iii) any shares of Common Stock, and
any shares of Common Stock issued or issuable upon the conversion or exercise of
any other securities, acquired

<PAGE>

                                       -3-

by the Purchasers pursuant to Article IV of this Agreement or pursuant to the
Third Amended and Restated Right of First Refusal and Co-Sale Agreement, of even
date herewith, among the Company, the Purchasers and the Founders, and (iv) any
other shares of Common Stock issued in respect of such shares (because of stock
splits, stock dividends, reclassifications, recapitalizations, or similar
events); PROVIDED, HOWEVER, that shares of Common Stock which are Registrable
Shares shall cease to be Registrable Shares (a) upon any sale of such shares
pursuant to a Registration Statement or Rule 144 under the Securities Act, (b)
upon any sale of such shares in any manner to a person or entity which, by
virtue of Section 2 of Article V of this Agreement, is not entitled to the
rights provided by this Agreement, or (c) for purposes of Section 2 of Article
III hereof, with respect to any one or more applicable series of the Company's
Preferred Stock, following the third anniversary of the Initial Public Offering.
Wherever reference is made in this Agreement to a request or consent of holders
of a certain percentage of Registrable Shares, the determination of such
percentage shall include shares of Common Stock issuable upon conversion of the
Shares even if such conversion has not yet been effected.

                  "SECURITIES ACT" means the Securities Act of 1933, as amended,
or any similar federal statute, and the rules and regulations of the Commission
issued under such Act, as they each may, from time to time, be in effect.

                  "SERIES A PREFERRED STOCK" means the Series A Convertible
Preferred Stock of the Company, $.01 par value per share.

                  "SERIES B PREFERRED STOCK" means the Series B Convertible
Preferred Stock of the Company, $.01 par value per share.

                  "SERIES C PREFERRED STOCK" means the Series C Convertible
Preferred Stock of the Company, $.01 par value per share.

                  "SERIES D PREFERRED STOCK" means the Series D Convertible
Preferred Stock of the Company, $.01 par value per share.

                  "SHARES" means the Series A Preferred Stock, the Series B
Preferred Stock, the Series C Preferred Stock and the Series D Preferred Stock.

                  "STOCKHOLDERS" means the Purchasers, the Founders and any
persons or entities to whom the rights granted to Purchasers or Founders under
this Agreement are transferred by a Purchaser or Founder, its successors or
permitted assigns pursuant to Section 2 of Article V below.

                                   ARTICLE II
                                  VOTING RIGHTS

         1. VOTING OF SHARES. In any and all elections of directors of the
Company (whether at a meeting or by written consent in lieu of a meeting), each
Stockholder shall

<PAGE>

                                       -4-

vote or cause to be voted all Voting Shares (as defined in Section 2 of Article
II below) owned by him, her or it, or over which he, she or it has voting
control, and otherwise use his, her or its respective best efforts, so as to fix
the number of directors at seven and to elect as directors (i) the Chief
Executive Officer of the Company (initially Hassan Ahmed), (ii) a designee of
the Company (initially Rubin Gruber), (iii) one representative designated by
North Bridge Venture Partners II, L.P. (initially Edward T. Anderson), (iv) one
representative designated by Matrix Partners IV, L.P. (initially Paul J. Ferri),
(v) one person mutually agreed upon by all of the other members of the Board of
Directors (initially Paul J. Severino), and (vi) two persons selected by the
majority vote of the other members of the Board of Directors. The obligation of
the Stockholders under this Section 1 to elect as a director (a) a designee of
North Bridge Venture Partners II, L.P. shall continue only for so long as North
Bridge Venture Partners II, L.P. (together with any affiliates, within the
meaning of Rule 144 under the Securities Act) owns, after giving effect to the
conversion of all convertible preferred stock into Common Stock, at least
2,000,000 shares of Common Stock (subject to appropriate adjustment for stock
splits, stock dividends, combinations and other similar recapitalizations
affecting such shares) and (b) a designee of Matrix Partners IV, L.P. shall
continue only for so long as Matrix Partners IV, L.P. (together with any
affiliates, within the meaning of Rule 144 under the Securities Act) owns, after
giving effect to the conversion of all convertible preferred stock into Common
Stock, at least 2,000,000 shares of Common Stock (subject to appropriate
adjustment for stock splits, stock dividends, combinations and other similar
recapitalizations affecting such shares).

         2. VOTING SHARES. "VOTING SHARES" shall mean and include any and all
shares of the Common Stock, Shares, and/or shares of capital stock of the
Company, by whatever name called, which carry voting rights (including voting
rights which arise by reason of default).

         3. RESTRICTIVE LEGEND. All certificates representing Voting Shares
owned or hereafter acquired by the Stockholders or any transferee bound by this
Agreement shall have affixed thereto a legend substantially in the following
form:

         "The shares of stock represented by this certificate are subject to
         certain voting agreements as set forth in an Investor Rights Agreement
         by and among the registered owner of this certificate, the Company and
         certain other stockholders of the Company, a copy of which is available
         for inspection at the offices of the Secretary of the Company."

         4. TRANSFERS OF VOTING RIGHTS. Any transferee to whom Voting Shares are
transferred by a Stockholder, whether voluntarily or by operation of law, shall
be bound by the voting obligations imposed upon the transferor under this
Agreement, to the same extent as if such transferee were a Stockholder
hereunder.
<PAGE>

                                      -5-

                                   ARTICLE III
                               REGISTRATION RIGHTS

         1.       REQUIRED REGISTRATIONS.

                  (a) At any time after the earlier of November 18, 2000 or the
closing of the Company's first underwritten public offering of shares of Common
Stock pursuant to a Registration Statement, Stockholders (other than the
Founders) holding in the aggregate at least 35% of the Registrable Shares held
by the Stockholders (other than the Founders) may request, in writing, that the
Company effect the registration on Form S-1 or Form S-2 (or any successor form)
of Registrable Shares owned by such Stockholders having an aggregate offering
price of at least $5,000,000 (based on the market price or fair value at the
time of such request). If the Stockholders initiating the registration intend to
distribute the Registrable Shares by means of an underwriting, they shall so
advise the Company in their request. Thereupon, the Company shall, as
expeditiously as possible, use its best efforts to effect the registration on
Form S-1 or Form S-2 (or any successor form) of all Registrable Shares which the
Company has been requested to so register.

                  (b) At any time after the Company becomes eligible to file a
Registration Statement on Form S-3 (or any successor form relating to secondary
offerings), a Stockholder or Stockholders may request the Company, in writing,
to effect the registration on Form S-3 (or such successor form), of Registrable
Shares having an aggregate offering price of at least $1,000,000 (based on the
public market price at the time of such request). Thereupon, the Company shall,
as expeditiously as possible, use its best efforts to effect the registration on
Form S-3 (or such successor form) of all Registrable Shares which the Company
has been requested to so register.

                  (c) The Company shall not be required to effect more than two
registrations pursuant to paragraph (a) above or more than three registrations
pursuant to paragraph (b) above; PROVIDED, HOWEVER, that such obligation shall
be deemed satisfied only when a registration statement covering the applicable
Registrable Shares shall have (i) become effective or (ii) been withdrawn at the
request of the Stockholders requesting such registration (other than as a result
of information concerning the business or financial condition of the Company
which is made known to the Stockholders after the date on which such
registration was requested).

                  (d) If at the time of any request to register Registrable
Shares pursuant to this Section 1, the Company is engaged or has plans to engage
within 90 days of the time of the request in a registered public offering of
securities for its own account or is engaged in any other activity which, in the
good faith determination of the Company's Board of Directors, would be adversely
affected by the requested registration to the material detriment of the Company,
then the Company may at its option direct that such request be delayed for a
period not in excess of three months from the effective date of such offering or
the date of commencement of such other material activity, as the case

<PAGE>

                                      -6-

may be, such right to delay a request to be exercised by the Company not more
than once in any 12-month period.

         2.       INCIDENTAL REGISTRATIONS.

                  (a) Whenever the Company proposes to file a Registration
Statement at any time and from time to time, it will, prior to such filing, give
written notice to all Stockholders of its intention to do so and, upon the
written request of a Stockholder or Stockholders, given within 10 business days
after the Company provides such notice (which request shall state the intended
method of disposition of such Registrable Shares), the Company shall use its
reasonable best efforts to cause all Registrable Shares which the Company has
been requested by such Stockholder or Stockholders to register, to be registered
under the Securities Act to the extent necessary to permit their sale or other
disposition in accordance with the intended methods of distribution specified in
the request of such Stockholder or Stockholders; PROVIDED, HOWEVER, that the
Company shall have the right to postpone or withdraw any registration effected
pursuant to this Section 2 without obligation to any Stockholder.

                  (b) In connection with any registration under this Section 2
involving an underwriting, the Company shall not be required to include any
Registrable Shares in such registration unless the holders thereof accept the
terms of the underwriting as agreed upon between the Company and the
underwriters selected by it. If in the opinion of the managing underwriter it is
desirable because of marketing factors to limit the number of Registrable Shares
to be included in the offering, then the Company shall be required to include in
the registration only that number of Registrable Shares, if any, which the
managing underwriter believes should be included therein; PROVIDED, HOWEVER,
that no persons or entities other than the Company, the Stockholders and other
persons or entities holding registration rights shall be permitted to include
securities in the offering. If the number of Registrable Shares to be included
in the offering in accordance with the foregoing is less than the total number
of shares which the holders of Registrable Shares have requested to be included,
then the holders of Registrable Shares who have requested registration and other
holders of securities entitled to include them in such registration shall
participate in the registration pro rata based upon their total ownership of
shares of Common Stock (giving effect to the conversion into Common Stock of all
securities convertible thereinto). If any holder would thus be entitled to
include more securities than such holder requested to be registered, the excess
shall be allocated among other requesting holders pro rata in the manner
described in the preceding sentence.

         3. REGISTRATION PROCEDURES. If and whenever the Company is required by
the provisions of this Agreement to use its best efforts to effect the
registration of any of the Registrable Shares under the Securities Act, the
Company shall:

                  (a) file with the Commission a Registration Statement with
respect to such Registrable Shares and use its best efforts to cause that
Registration Statement to become effective;
<PAGE>

                                      -7-

                  (b) as expeditiously as possible prepare and file with the
Commission any amendments and supplements to the Registration Statement and the
prospectus included in the Registration Statement as may be necessary to keep
the Registration Statement effective, in the case of a firm commitment
underwritten public offering, until each underwriter has completed the
distribution of all securities purchased by it and, in the case of any other
offering, until the earlier of the sale of all Registrable Shares covered
thereby or 180 days after the effective date thereof;

                  (c) as expeditiously as possible furnish to each selling
Stockholder such reasonable numbers of copies of the prospectus, including a
preliminary prospectus, in conformity with the requirements of the Securities
Act, and such other documents as the selling Stockholder may reasonably request
in order to facilitate the public sale or other disposition of the Registrable
Shares owned by the selling Stockholder; and

                  (d) as expeditiously as possible use its best efforts to
register or qualify the Registrable Shares covered by the Registration Statement
under the securities or Blue Sky laws of such states as the selling Stockholder
shall reasonably request, and do any and all other acts and things that may be
necessary or desirable to enable the selling Stockholder to consummate the
public sale or other disposition in such states of the Registrable Shares owned
by the selling Stockholder; PROVIDED, HOWEVER, that the Company shall not be
required in connection with this paragraph (d) to qualify as a foreign
corporation or execute a general consent to service of process in any
jurisdiction.

         If the Company has delivered preliminary or final prospectuses to the
selling Stockholders and after having done so the prospectus is amended to
comply with the requirements of the Securities Act, the Company shall promptly
notify the selling Stockholders and, if requested, the selling Stockholder shall
immediately cease making offers of Registrable Shares and return all
prospectuses to the Company. The Company shall promptly provide each selling
Stockholder with revised prospectuses and, following receipt of the revised
prospectuses, the selling Stockholder shall be free to resume making offers of
the Registrable Shares.

         Notwithstanding the foregoing, each selling Stockholder shall cease
making offers or sales pursuant to a "shelf" Registration Statement during any
period (not to exceed 90 days) in which the Company determines, by notice to
each selling Stockholder, that it is in possession of material non-public
information that, for valid business reasons, it wishes to keep confidential.

         If, after a registration statement becomes effective, the Company
becomes engaged in any activity which, in the good faith determination of the
Company's Board of Directors, involves information that would have to be
disclosed in the Registration Statement but which the Company desires to keep
confidential for valid business reasons, then the Company may at its option, by
notice to such Stockholders, require that the Stockholders who have included
Shares in such Registration Statement cease sales of such Shares under such
Registration Statement for a period not in excess of three months from the date
of such notice, such right to be exercised by the Company not more than
<PAGE>

                                      -8-

once in any 12-month period. If, in connection therewith, the Company considers
it appropriate for such Registration Statement to be amended, the Company shall
so amend such Registration Statement as promptly as practicable and such
Stockholders shall suspend any further sales of their Shares until the Company
advises them that such Registration Statement has been amended. The time periods
referred to herein during which such Registration Statement must be kept
effective shall be extended for an additional number of days equal to the number
of days during which the right to sell shares was suspended pursuant to this
paragraph.

         4. ALLOCATION OF EXPENSES. The Company will pay all Registration
Expenses of all registrations under this Agreement. For purposes of this Section
4, the term "Registration Expenses" shall mean all expenses incurred by the
Company in complying with Article III, Section 1, including, without limitation,
all registration and filing fees, exchange listing fees, printing expenses, fees
and expenses of one counsel for the Company to represent the selling
Stockholder(s), state Blue Sky fees and expenses, and the expense of any special
audits incident to or required by any such registration, but excluding
underwriting discounts, selling commissions and the fees and expenses of selling
Stockholders' own counsel.

         5.       INDEMNIFICATION AND CONTRIBUTION.

                  (a) In the event of any registration of any of the Registrable
Shares under the Securities Act pursuant to this Agreement, the Company will
indemnify and hold harmless the seller of such Registrable Shares, each
underwriter of such Registrable Shares, and each other person, if any, who
controls such seller or underwriter within the meaning of the Securities Act or
the Exchange Act against any losses, claims, damages or liabilities, joint or
several, to which such seller, underwriter or controlling person may become
subject under the Securities Act, the Exchange Act, state securities or Blue Sky
laws or otherwise, insofar as such losses, claims, damages or liabilities (or
actions in respect thereof) arise out of or are based upon any untrue statement
or alleged untrue statement of any material fact contained in any Registration
Statement under which such Registrable Shares were registered under the
Securities Act, any preliminary prospectus or final prospectus contained in the
Registration Statement, or any amendment or supplement to such Registration
Statement, or arise out of or are based upon the omission or alleged omission to
state a material fact required to be stated therein or necessary to make the
statements therein not misleading; and the Company will reimburse such seller,
underwriter and each such controlling person for any legal or any other expenses
reasonably incurred by such seller, underwriter or controlling person in
connection with investigating or defending any such loss, claim, damage,
liability or action; PROVIDED, HOWEVER, that the Company will not be liable in
any such case to a seller, underwriter or controlling person to the extent that
any such loss, claim, damage or liability arises out of or is based upon any
untrue statement or omission made in such Registration Statement, preliminary
prospectus or final prospectus, or any such amendment or supplement, in reliance
upon and in conformity with information furnished to the Company, in writing, by
or on behalf of such seller, underwriter or controlling person specifically for
use in the preparation thereof.
<PAGE>

                                      -9-

                  (b) In the event of any registration of any of the Registrable
Shares under the Securities Act pursuant to this Agreement, each seller of
Registrable Shares, severally and not jointly, will indemnify and hold harmless
the Company, each of its directors and officers and each underwriter (if any)
and each person, if any, who controls the Company or any such underwriter within
the meaning of the Securities Act or the Exchange Act, against any losses,
claims, damages or liabilities, joint or several, to which the Company, such
directors and officers, underwriter or controlling person may become subject
under the Securities Act, Exchange Act, state securities or Blue Sky laws or
otherwise, insofar as such losses, claims, damages or liabilities (or actions in
respect thereof) arise out of or are based upon any untrue statement or alleged
untrue statement of a material fact contained in any Registration Statement
under which such Registrable Shares were registered under the Securities Act,
any preliminary prospectus or final prospectus contained in the Registration
Statement, or any amendment or supplement to the Registration Statement, or
arise out of or are based upon any omission or alleged omission to state a
material fact required to be stated therein or necessary to make the statements
therein not misleading, if the statement or omission was made in reliance upon
and in conformity with information relating to such seller furnished in writing
to the Company by or on behalf of such seller specifically for use in connection
with the preparation of such Registration Statement, prospectus, amendment or
supplement; PROVIDED, HOWEVER, that the obligations of each such Stockholder
hereunder shall be limited to an amount equal to the net proceeds to such
Stockholder of Registrable Shares sold in connection with such registration.

                  (c) Each party entitled to indemnification under this Article
III, Section 5 (the "Indemnified Party") shall give notice to the party required
to provide indemnification (the "Indemnifying Party") promptly after such
Indemnified Party has actual knowledge of any claim as to which indemnity may be
sought, and shall permit the Indemnifying Party to assume the defense of any
such claim or any litigation resulting therefrom; PROVIDED, that counsel for the
Indemnifying Party, who shall conduct the defense of such claim or litigation,
shall be approved by the Indemnified Party (whose approval shall not be
unreasonably withheld); and, PROVIDED FURTHER, that the failure of any
Indemnified Party to give notice as provided herein shall not relieve the
Indemnifying Party of its obligations under this Article III, Section 5, unless
and except to the extent that the Indemnifying Party is prejudiced by the
failure of the Indemnified Party to provide timely notice. The Indemnified Party
may participate in such defense at such party's expense; PROVIDED, HOWEVER, that
the Indemnifying Party shall pay such expense if representation of such
Indemnified Party by the counsel retained by the Indemnifying Party would be
inappropriate due to actual or potential differing interests between the
Indemnified Party and any other party represented by such counsel in such
proceeding. No Indemnifying Party, in the defense of any such claim or
litigation shall, except with the consent of each Indemnified Party, consent to
entry of any judgment or enter into any settlement which does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such
Indemnified Party of a release from all liability in respect of such claim or
litigation, and no Indemnified Party shall consent to entry of
<PAGE>

                                      -10-

any judgment or settle such claim or litigation without the prior written
consent of the Indemnifying Party.

                  (d) In order to provide for just and equitable contribution to
joint liability under the Securities Act in any case in which either (i) any
holder of Registrable Shares exercising rights under this Agreement, or any
controlling person of any such holder, makes a claim for indemnification
pursuant to this Article III, Section 5 but it is judicially determined (by the
entry of a final judgment or decree by a court of competent jurisdiction and the
expiration of time to appeal or the denial of the last right of appeal) that
such indemnification may not be enforced in such case notwithstanding the fact
that this Article III, Section 5 provides for indemnification in such case, or
(ii) contribution under the Securities Act may be required on the part of any
such selling Stockholder or any such controlling person in circumstances for
which indemnification is provided under this Article III, Section 5; then, in
each such case, the Company and such Stockholder will contribute to the
aggregate losses, claims, damages or liabilities to which they may be subject
(after contribution from others) in such proportions so that such holder is
responsible for the portion represented by the percentage that the public
offering price of its Registrable Shares offered by the Registration Statement
bears to the public offering price of all securities offered by such
Registration Statement, and the Company is responsible for the remaining
portion; PROVIDED, HOWEVER, that, in any such case, (A) no such holder will be
required to contribute any amount in excess of the net proceeds to it of all
Registrable Shares sold by it pursuant to such Registration Statement, and (B)
no person or entity guilty of fraudulent misrepresentation, within the meaning
of Section 11(f) of the Securities Act, shall be entitled to contribution from
any person or entity who is not guilty of such fraudulent misrepresentation.

         6. INDEMNIFICATION WITH RESPECT TO UNDERWRITTEN OFFERING. In the event
that Registrable Shares are sold pursuant to a Registration Statement in an
underwritten offering pursuant to Article III, Section 1, the Company agrees to
enter into an underwriting agreement containing customary representations and
warranties with respect to the business and operations of an issuer of the
securities being registered and customary covenants and agreements to be
performed by such issuer, including without limitation customary provisions with
respect to indemnification by the Company of the underwriters of such offering.

         7. INFORMATION BY HOLDER. Each Stockholder including Registrable Shares
in any registration shall furnish to the Company such information regarding such
Stockholder and the distribution proposed by such Stockholder as the Company may
reasonably request in writing and as shall be required in connection with any
registration, qualification or compliance referred to in this Agreement.

         8. "STAND-OFF" AGREEMENT. Each Stockholder, if requested by the Company
and the managing underwriter of an offering by the Company of Common Stock or
other securities of the Company pursuant to a Registration Statement, shall
agree not to sell publicly or otherwise transfer or dispose of any Registrable
Shares or other securities of
<PAGE>

                                      -11-

the Company held by such Stockholder for a specified period of time (not to
exceed 180 days) following the effective date of such Registration Statement;
PROVIDED, that:

                  (a) with respect to the holders of Series A Preferred
Stock, Series B Preferred Stock and Series C Preferred Stock, such agreement
shall only apply to the first Registration Statement covering Common Stock to
be sold by or on behalf of the Company to the public in an underwritten
offering;

                  (b) with respect to the holders of Series D Preferred
Stock, such agreement shall only apply to the first Registration Statement
covering Common Stock to be sold by or on behalf of the Company to the public
in an underwritten public offering, PROVIDED, HOWEVER, that if all officers,
directors and holders of 5% or more of the outstanding Common Stock of the
Company (on an as-converted basis) shall enter into such an agreement with
respect to the second Registration Statement covering Common Stock to be sold
by or on behalf of the Company to the public in an underwritten public
offering, the holders of the Series D Preferred Stock shall enter into a
similar agreement as such other holders; and

                  (c) subject to Section 8(b), all officers and directors of
the Company and all selling stockholders in such offering enter into
agreements similar to the agreements of holders of Series A Preferred Stock,
Series B Preferred Stock and Series C Preferred Stock.

         9. LIMITATIONS ON SUBSEQUENT REGISTRATION RIGHTS. The Company shall
not, without the prior written consent of Purchasers holding 66 2/3% of the
Registrable Shares held by all Purchasers, enter into any agreement (other than
this Agreement) with any holder or prospective holder of any securities of the
Company which would allow such holder or prospective holder (a) to include
securities of the Company in any Registration Statement upon terms which are
more favorable to such holder or prospective holder than the terms on which
holders of Registrable Shares may include shares in such registration, or (b) to
make a demand registration which could result in such registration statement
being declared effective prior to November 18, 2000.

         10. RULE 144 REQUIREMENTS. After the earliest of (a) the closing of the
sale of securities of the Company pursuant to a Registration Statement, (b) the
registration by the Company of a class of securities under Section 12 of the
Exchange Act, or (c) the issuance by the Company of an offering circular
pursuant to Regulation A under the Securities Act, the Company agrees to:

                  (i) comply with the requirements of Rule 144(c) under the
Securities Act with respect to current public information about the Company;

                  (ii) use its best efforts to file with the Commission in a
timely manner all reports and other documents required of the Company under the
Securities Act and the Exchange Act (at any time after it has become subject to
such reporting requirements); and
<PAGE>

                                      -12-

                  (iii) furnish to any holder of Registrable Shares upon request
(A) a written statement by the Company as to its compliance with the
requirements of said Rule 144(c), and the reporting requirements of the
Securities Act and the Exchange Act (at any time after it has become subject to
such reporting requirements), (B) a copy of the most recent annual or quarterly
report of the Company, and (C) such other reports and documents of the Company
as such holder may reasonably request to avail itself of any similar rule or
regulation of the Commission allowing it to sell any such securities without
registration.

                                   ARTICLE IV
                             RIGHT OF FIRST REFUSAL

         1.       RIGHT OF FIRST REFUSAL

                  (a) The Company shall not issue, sell or exchange, agree to
issue, sell or exchange, or reserve or set aside for issuance, sale or exchange,
(i) any shares of its Common Stock, (ii) any other equity securities of the
Company, including, without limitation, shares of preferred stock, (iii) any
option, warrant or other right to subscribe for, purchase or otherwise acquire
any equity securities of the Company, or (iv) any debt securities convertible
into capital stock of the Company (collectively, the "OFFERED SECURITIES"),
unless in each such case the Company shall have first complied with Article IV
of this Agreement. The Company shall deliver to each Purchaser and Founder a
written notice of any proposed or intended issuance, sale or exchange of Offered
Securities (the "OFFER"), which Offer shall (i) identify and describe the
Offered Securities, (ii) describe the price and other terms upon which they are
to be issued, sold or exchanged, and the number or amount of the Offered
Securities to be issued, sold or exchanged, (iii) identify the persons or
entities, if known, to which or with which the Offered Securities are to be
offered, issued, sold or exchanged, and (iv) offer to issue and sell to or
exchange with such Purchaser or Founder (A) such portion of the Offered
Securities as is equal to (1) 75% of the Offered Securities multiplied by (2) a
fraction the numerator of which is the aggregate number of shares of Common
Stock issued or issuable upon conversion of the Shares held by such Purchaser or
Founder and the denominator of which is the total number of shares of Common
Stock issued or issuable upon conversion of the Shares held by all Purchasers
and Founders as a group (the "BASIC AMOUNT"), and (B) such additional portion of
the Offered Securities as such Purchaser or Founder shall indicate it will
purchase or acquire should the other Purchasers and Founders subscribe for less
than their Basic Amounts (the "UNDERSUBSCRIPTION AMOUNT"). Each Purchaser or
Founder shall have the right, for a period of 20 days following delivery of the
Offer, to purchase or acquire, at the price and upon the other terms specified
in the Offer, the number or amount of Offered Securities described above. The
Offer by its terms shall remain open and irrevocable for such 20-day period.

                  (b) To accept an Offer, in whole or in part, a Purchaser or
Founder must deliver a written notice to the Company prior to the end of the
20-day period of the Offer, setting forth the portion of such Purchaser's Basic
Amount that such Purchaser or Founder elects to purchase and, if such Purchaser
or Founder shall elect to purchase all of
<PAGE>

                                      -13-

its Basic Amount, the Undersubscription Amount (if any) that such Purchaser or
Founder elects to purchase (the "NOTICE OF ACCEPTANCE"). If the Basic Amounts
subscribed for by all Purchasers and Founders are less than the total Basic
Amounts, then each Purchaser or Founder who has set forth an Undersubscription
Amount in its Notice of Acceptance shall be entitled to purchase, in addition to
the Basic Amounts subscribed for, the Undersubscription Amount it has subscribed
for; PROVIDED, HOWEVER, that should the Undersubscription Amounts subscribed for
exceed the difference between the total Basic Amounts and the Basic Amounts
subscribed for (the "Available Undersubscription Amount"), each Purchaser or
Founder who has subscribed for any Undersubscription Amount shall be entitled to
purchase only that portion of the Available Undersubscription Amount as the
Undersubscription Amount subscribed for by such Purchaser or Founder bears to
the total Undersubscription Amounts subscribed for by all Purchasers and
Founders, subject to rounding by the Board of Directors to the extent it
reasonably deems necessary.

                  (c) In the event that Notice of Acceptances are not given by
Purchasers and Founders in respect of all the Offered Securities, the Company
shall have 90 days from the expiration of the 20-day period set forth in Article
IV, Section 1(a) to issue, sell or exchange all or any part of such Offered
Securities as to which a Notice of Acceptance has not been given by the
Purchasers and Founders (the "REFUSED SECURITIES"), but only to the offerees or
purchasers described in the Offer and only upon terms and conditions (including,
without limitation, unit prices and interest rates) which are not more
favorable, in the aggregate, to the acquiring person or persons or less
favorable to the Company than those set forth in the Offer.

                  (d) In the event the Company shall propose to sell less than
all the Refused Securities (any such sale to be in the manner and on the terms
specified in Article IV, Section 1(c)), then each Purchaser or Founder may, at
its sole option and in its sole discretion, reduce the number or amount of the
Offered Securities specified in its Notice of Acceptance to an amount that shall
be not less than the number or amount of the Offered Securities that the
Purchaser or Founder elected to purchase pursuant to Article IV, Section 1(b)
multiplied by a fraction, (i) the numerator of which shall be the number or
amount of Offered Securities the Company actually proposes to issue, sell or
exchange (including Offered Securities to be issued or sold to Purchasers and
Founders pursuant to Article IV, Section 1(b) prior to such reduction) and (ii)
the denominator of which shall be the amount of all Offered Securities. In the
event that a Purchaser or Founder so elects to reduce the number or amount of
Offered Securities specified in its Notice of Acceptance, the Company may not
issue, sell or exchange more than the reduced number or amount of the Offered
Securities unless and until such securities have again been offered to the
Purchasers and Founders in accordance with Article IV, Section 1(a).

                  (e) Upon the closing of the issuance, sale or exchange of all
or less than all the Refused Securities, the Purchasers and Founders shall
acquire from the Company, and the Company shall issue to the Purchasers and
Founders, the number or amount of Offered Securities specified in the Notices of
Acceptance, as reduced pursuant
<PAGE>

                                      -14-

to Article IV, Section 1(d) if the Purchasers and Founders have so elected, upon
the terms and conditions specified in the Offer. The purchase by the Purchasers
and Founders of any Offered Securities is subject in all cases to the
preparation, execution and delivery by the Company and the Purchasers and
Founders of a purchase agreement relating to such Offered Securities reasonably
satisfactory in form and substance to the Purchasers and Founders and the
Company.

                  (f) Any Offered Securities not acquired by the Purchasers and
Founders or other persons in accordance with Article IV, Section 1(c) may not be
issued, sold or exchanged until they are again offered to the Purchasers and
Founders under the procedures specified in this Article.

         2. EXCLUDED ISSUANCES. The rights of the Purchasers and Founders under
this Article IV shall not apply to:

                  (a) Common Stock issued as a stock dividend to holders of
Common Stock or upon any subdivision or combination of shares of Common Stock;

                  (b) the issuance of any shares of Common Stock upon conversion
of outstanding shares of convertible preferred stock;

                  (c) up to 16,250,000 shares of Common Stock, either issued in
the form of restricted stock awards or options exercisable for Common Stock
(subject to appropriate adjustment for stock split, stock dividends,
combinations and other similar recapitalizations affecting such shares), plus
such additional number of shares as may be approved by both the Board of
Directors of the Company and a majority of the non-employee directors of the
Company, issued or issuable to officers, directors, consultants and employees of
the Company or any subsidiary pursuant to any plan, agreement or arrangement
approved by the Board of Directors of the Company;

                  (d) securities issued solely in consideration for the
acquisition (whether by merger or otherwise) by the Company or any of its
subsidiaries of all or substantially all of the stock or assets of any other
entity; or

                  (e) shares of Common Stock sold by the Company in an
underwritten public offering pursuant to an effective registration statement
under the Securities Act.

                                    ARTICLE V
                                     GENERAL

         1. TERMINATION. Article II and Article IV of this Agreement shall
terminate in their entirety with respect to any one or more applicable series of
the Company's Preferred Stock upon the earlier of (a) an Acquisition (as defined
below), or (b) the closing of an Initial Public Offering, or (c) the redemption
of all Shares. An "ACQUISITION" shall mean any (i) merger or consolidation which
results in the voting securities of the Company outstanding immediately prior
thereto representing
<PAGE>

                                      -15-

immediately thereafter (either by remaining outstanding or by being converted
into voting securities of the surviving or acquiring entity) less than a
majority of the combined voting power of the voting securities of the Company or
such surviving or acquiring entity outstanding immediately after such merger or
consolidation, (ii) sale of all or substantially all the assets of the Company
or (iii) sale of shares of capital stock of the Company, in a single transaction
or series of related transactions, representing at least 80% of the voting power
of the voting securities of the Company.

         2.       TRANSFER OF RIGHTS.

         (a) This Agreement, and the rights and obligations of a Series A
Purchaser hereunder, may be assigned by such Series A Purchaser to any person or
entity to which at least 355,000 Shares, as adjusted for stock splits, stock
dividends, recapitalizations and similar events (or 100% of the Shares
originally purchased by such Purchaser under the Series A Preferred Stock
Purchase Agreement of November 18, 1997, if less than 355,000 Shares), are
transferred by such Purchaser, and such transferee shall be deemed an "Series A
Purchaser" for purposes of this Agreement; PROVIDED that the transferee provides
written notice of such assignment to the Company and agrees to be bound by the
terms and conditions set forth herein.

         (b) This Agreement, and the rights and obligations of a Series B
Purchaser hereunder, may be assigned by such Series B Purchaser to any person or
entity to which at least 157,214 Shares, as adjusted for stock splits, stock
dividends, recapitalizations and similar events (or 100% of the Shares
originally purchased by such Series B Purchaser under the Series B Preferred
Stock Purchase Agreement of September 23, 1998, if less than 157,214 Shares),
are transferred by such Series B Purchaser, and such transferee shall be deemed
an "Series B Purchaser" for purposes of this Agreement; PROVIDED that the
transferee provides written notice of such assignment to the Company and agrees
to be bound by the terms and conditions set forth herein.

         (c) This Agreement, and the rights and obligations of a Series C
Purchaser hereunder, may be assigned by such Series C Purchaser to any person or
entity to which at least 107,563 Shares, as adjusted for stock splits, stock
dividends, recapitalizations and similar events (or 100% of the Shares
originally purchased by such Series C Purchaser under the Series C Preferred
Stock Purchase Agreement of September 10, 1999, if less than 107,563 Shares),
are transferred by such Series C Purchaser, and such transferee shall be deemed
an "Series C Purchaser" for purposes of this Agreement; PROVIDED that the
transferee provides written notice of such assignment to the Company and agrees
to be bound by the terms and conditions set forth herein.

         (d) This Agreement, and the rights and obligations of a Series D
Purchaser hereunder, may be assigned by such Series D Purchaser to any affiliate
of or fund managed by such Series D Purchaser without restriction or to any
person or entity to which at least 237,805 Shares, as adjusted for stock splits,
stock dividends, recapitalizations and similar events (or 100% of the Shares
originally purchased by such Series D Purchaser under the Purchase Agreement, if
less than 237,805 Shares), are
<PAGE>

                                      -16-

transferred by such Series D Purchaser, and such transferee shall be deemed a
"Series D Purchaser" for purposes of this Agreement; PROVIDED that the
transferee provides written notice of such assignment to the Company and agrees
to be bound by the terms and conditions set forth herein.

         3. SEVERABILITY. The provisions of this Agreement are severable, so
that the invalidity or unenforceability of any provision of this Agreement shall
not affect the validity or enforceability of any other term or provision of this
Agreement, which shall remain in full force and effect.

         4. SPECIFIC PERFORMANCE. In addition to any and all other remedies that
may be available at law in the event of any breach of this Agreement, the
Purchasers and the Founders shall be entitled to specific performance of the
agreements and obligations of the other parties hereunder and to such other
injunctive or other equitable relief as may be granted by a court of competent
jurisdiction.

         5. GOVERNING LAW. This Agreement shall be governed by, and construed
and enforced in accordance with, the laws of the State of Delaware (without
reference to the conflicts of law provisions thereof).

         6. NOTICES. All notices, requests, consents, and other communications
under this Agreement shall be in writing and shall be delivered by hand, sent
via a reputable nationwide overnight courier service or mailed by first class
certified or registered mail, return receipt requested, postage prepaid:

         If to the Company, at Sonus Networks, Inc., 5 Carlisle Road, Westford,
MA 01886, Attn: President, or at such other address or addresses as may have
been furnished in writing by the Company to the Purchasers, with a copy to
Bingham Dana LLP, Boston, MA 02110, Attn: David L. Engel, Esq.;

         If to a Purchaser, at its address as set forth the signature pages
hereto, or at such other address or addresses as may have been furnished to the
Company in writing by such Purchaser, with a copy to Gibson, Dunn & Crutcher
LLP, Attn: Peter Heilmann, Esq.; or

         If to a Founder, at his address as set forth on the signature page
hereto, or at such other address or addresses as may have been furnished by such
Founder to the Company and the Purchasers.

         Notices provided in accordance with this Article V, Section 6 shall be
deemed delivered upon personal delivery, one business day after being sent via a
reputable nationwide overnight courier service, or five business days after
deposit in the mail.
<PAGE>
                                      -17-

         7.       COMPLETE AGREEMENT; AMENDMENTS.

                  (a) This Agreement constitutes the full and complete agreement
of the parties hereto with respect to the subject matter hereof and supercedes
the Original Agreement, the Restated Agreement and the Second Restated Agreement
in their entirety.

                  (b) This Agreement may be amended and the observance of any
term of this Agreement may be waived (either generally or in a particular
instance and either retroactively or prospectively) at any time by a written
instrument signed by the Company, Purchasers holding at least 66 2/3% of the
shares of Common Stock issued or issuable upon conversion of the Shares, and,
with respect to any amendment to Article II, Founders holding a majority, by
voting power, of the shares of capital stock of the Company held by Founders
then employed by the Company, provided that no consent shall be required for an
amendment pursuant to Section 11 below. No waivers of or exceptions to any term,
condition or provision of this Agreement, in any one or more instances, shall be
deemed to be, or construed as, a further or continuing waiver of any such term,
condition or provision.

         8. PRONOUNS. Whenever the content may require, any pronouns used in
this Agreement shall include the corresponding masculine, feminine or neuter
forms, and the singular form of nouns and pronouns shall include the plural, and
vice versa.

         9. COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed to be an original, and all of which
together shall constitute one Agreement binding on all the parties hereto.

         10. CAPTIONS. Captions of sections have been added only for convenience
and shall not be deemed to be a part of this Agreement.

         11. ADDITION OF PURCHASERS. Each purchaser of Series A Preferred Stock
of the Company under the Series A Preferred Stock Purchase Agreement of November
18, 1997 shall become a party to and a Series A Purchaser under this Agreement
upon its execution of a counterpart signature page to this Agreement. Each
purchaser of Series B Preferred Stock of the Company under the Series B
Preferred Stock Purchase Agreement of September 23, 1998 shall become a party to
and a Series B Purchaser under this Agreement upon its execution of a
counterpart signature page to this Agreement. Each purchaser of Series C
Preferred Stock of the Company under the Series C Preferred Stock Purchase
Agreement of September 10, 1999 shall become a party to and a Series C Purchaser
under this Agreement upon its execution of a counterpart signature page to this
Agreement. Each purchaser of Series D Preferred Stock of the Company under the
Purchase Agreement shall become a party to and a Series D Purchaser under this
Agreement upon the closing of its purchase of Series D Preferred Stock
thereunder and its execution of a counterpart signature page to this Agreement.
<PAGE>

         IN WITNESS WHEREOF, this Agreement has been executed as an instrument
under seal as of the date first above written.

         COMPANY

         Sonus Networks, Inc.

         By:      /s/ Hassan Ahmed
                  --------------------------------
                  Hassan Ahmed
                  President

         FOUNDERS:

         /s/ Rubin Gruber
         ---------------------------------
         Rubin Gruber
         709 Sudbury Road
         Concord, MA 01742

         /s/ Michael G. Hluchyj
         ---------------------------------
         Michael G. Hluchyj
         27 Jackson Road
         Wellesley, MA 02181

         /s/ Kwok P. Wong
         ---------------------------------
         Kwok P. Wong
         22 Thoreau Road
         Lexington, MA 02173

         /s/ Hassan Ahmed
         ---------------------------------
         Hassan Ahmed
         3 Andover Country Club Lane
         North Andover, MA 01810

         PURCHASERS:

         BroadBand Office, Inc.
         2900 Telestar Court
         Falls Church, VA  22042

              By: /s/ Johnson Agogbua
                  -------------------------------------
                  Name: Johnson Agogbua
                  Title: Vice President, Engineering
<PAGE>

         Credit Suisse First Boston Venture Fund I, L.P.
         2400 Hanover Street
         Palo Alto, CA

         By:      QBB Management I, LLC, its General Partner

              By: /s/ Frank Quattrone
                 -----------------------------------
                  Name: Frank Quattrone
                  Title:  Member

         Time Warner Telecom Inc.
         10475 Park Meadows Drive
         Suite 4400
         Littleton, CO  80124

              By: /s/ Paul B. Jones
                  -----------------------------------
                  Name: Paul B. Jones
                  Title: Senior Vice President
                         General Counsel & Regulatory Policy

         ICI Capital LLC
         3625 Queen Palm Drive
         Tampa, FL  33611

              By: /s/ Raymond L. Lawless
                 -------------------------------------
                  Name: Raymond L. Lawless
                  Title: Vice President and Treasurer

         Williams Communications, Inc.
         One Williams Center
         Tulsa, OK  74172

              By: /s/ Dell B. [ILLEGIBLE]
                  -----------------------------------
                  Name:
                  Title:

         Global Crossing Ventures, Inc.
         141 Caspian Court
         Sunnyvale, CA 94089

              By: /s/ Michael Cohen
                 --------------------------------------
                  Name:
                  Title:
<PAGE>

         Z-Tel Technologies, Inc.
         601 S. Harbour Island Blvd.
         Suite 220
         Tampa, FL  33602

              By: /s/ Eduard J. Mayer
                 --------------------------------------
                  Name: Eduard J. Mayer
                  Title: President

         Tailwind Capital Partners 2000, L.P.
         c/o Thomas Weisel Partners
         One Montgomery Street, Suite 3700
         San Francisco, CA  94104

         By:  Thomas Weisel Capital Partners LLC,
              its General Partner

              By: /s/ Marianne Winkler
                 ---------------------------------------
                  Name: Marianne Winkler
                  Title: CFO

         Hambrecht & Quist California
         One Bush Street
         San Francisco, CA 94104

              By: /s/ Thomas Szymoniak
                 ----------------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         Hambrecht & Quist California
         One Bush Street
         San Francisco, CA 94104

              By: /s/ Thomas Szymoniak
                  ----------------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         H&Q Employee Venture Fund 2000, L.P.
         One Bush Street
         San Francisco, CA 94104

         By:  H&Q Venture Management LLC, its General Partner

              By: /s/ Thomas Szymoniak
                  -----------------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact
<PAGE>

         Access Technology Partners, L.P.
         One Bush Street
         San Francisco, CA 94104

         By:  Access Technology Management LLC, its General Partner

              By: /s/ Thomas Szymoniak
                  ------------------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         Access Technology Partners Brokers Fund, L.P.
         One Bush Street
         San Francisco, CA 94104

         By:  H&Q Venture Management, LLC, its General Partner

              By: /s/ Thomas Szymoniak
                  ------------------------------------------
                  Name: Thomas Szymoniak
                  Title: Attorney-in-Fact

         Viatel, Inc.
         685 Third Avenue,
         New York, NY 10017

              By: /s/ Sheldon M. Goldman
                 -------------------------------------
                  Name: Sheldon M. Goldman
                  Title: EVP

         VYTL, LLC
         685 Third Avenue,
         New York, NY 10017

              By: /s/ Sheldon M. Goldman
                 -------------------------------------
                  Name: Sheldon M. Goldman
                  Title:

         Eagle Teleprograms, Inc.
         60 East 56th Street
         New York, NY 10022

              By: /s/ Kent Srikanth Chargundla
                 -------------------------------------
                  Name: Kent Srikanth Chargundla
                  Title: Chairman

<PAGE>

         U.S. Bancorp Piper Jaffray ECM Fund I, LLC
         22 South Ninth Street
         Minneapolis, MN 55402

              By: /s/ John Jacobs
                 -------------------------------------
                  Name: John Jacobs
                  Title: Managing Member

              GD&C Partners 2000 Fund, LLC
              333 South Grand Avenue
              Los Angeles, CA 90071

                   By: /s/ [ILLEGIBLE]
                      --------------------------------
                       Name:
                       Its:  Manager

<PAGE>

         River Partners I
         c/o Tim Walsh
         1221 Avenue of the Americas
         New York, NY  10020

              By: /s/ Tim Walsh
                  ------------------------------------
                  Name: Tim Walsh
                  Title: Managing Director

         Carrier 1
         ____________________
         ____________________
         ____________________

              By:
                  ------------------------------------
                  Name:
                  Title:

         Whitman Partners, L.P.
         ____________________
         ____________________

              By: /s/ [ILLEGIBLE]
                  ------------------------------------
                  Name:
                  Title: Manager

SERIES A PURCHASERS, SERIES B PURCHASERS AND SERIES C PURCHASERS:

<TABLE>
<S>                                                     <C>
North Bridge Venture Partners II, L.P.                  North Bridge Venture Partners III, L.P.
950 Winter Street, Suite 4600                           950 Winter Street, Suite 4600
Waltham, MA  02451                                      Waltham, MA  02451

By:   North Bridge Venture Management II, L.P.,         By:   North Bridge Venture Management III, L.P.,
      its General Partner                                     its General Partner

By:   /s/ Edward T. Anderson                            By:   /s/ Edward T. Anderson
      ------------------------------------                    -----------------------------------
      Edward T. Anderson                                      Edward T. Anderson
      General Partner                                         General Partner
</TABLE>

<PAGE>

<TABLE>
<S>                                                     <C>
Matrix Partners V, L.P.                                 Matrix V Entrepreneurs Fund, L.P.
Bay Colony Corporate Center                             Bay Colony Corporate Center
1000 Winter Street, Suite 4500                          1000 Winter Street, Suite 4500
Waltham, MA  02154                                      Waltham, MA  02154

By:      Matrix V Management Co., LLC,                  By:   Matrix V Management Co., LLC,
         its General Partner                                  its General Partner

By:   /s/ Paul J. Ferri                                 By:   /s/ Paul J. Ferri
      -------------------------------------                   ------------------------------------
      Name:                                                   Name:
      Title:                                                  Title:

Charles River Partnership VIII,                         Charles River VIII-A LLC
A Limited Partnership                                   1000 Winter Street, Suite 3300
1000 Winter Street, Suite 3300                          Waltham, MA  02154
Waltham, MA  02154

By:   Charles River VIII GP Limited Partnership,        By:   Charles River Friends VII, Inc.,
      its General Partner                                     its Manager

By:   /s/ Richard M. Burnes                             By:   /s/ Richard M. Burns
      -------------------------------------                   -------------------------------------
      Richard M. Burnes                                       Name:
      General Partner                                         Title:

Bedrock Capital Partners I, L.P.
c/o Volpe Brown Whelan & Company LLC
One Boston Place
Suite 3310
Boston, MA 02108

By:      Bedrock General Partner I, LLC, General Partner

     By: /s/ J.M. [ILLEGIBLE]
         ----------------------------------
         Name:
         Title:

VBW Employee Bedrock Fund, L.P.
c/o Volpe Brown Whelan & Company LLC
One Boston Place
Suite 3310
Boston, MA 02108

By:      Bedrock General Partner I, LLC, General Partner

     By: /s/ J.M. [ILLEGIBLE]
         -----------------------------------
         Name:
         Title:
</TABLE>

<PAGE>

<TABLE>
<S>                                                     <C>
Credit Suisse First Boston Bedrock Fund, L.P.
c/o Volpe Brown Whelan & Company LLC
One Boston Place
Suite 3310
Boston, MA  02108

By:      Bedrock General Partner I, L.P.
Title:   Attorney-in-Fact

     By: /s/ J.M. [ILLEGIBLE]
         ------------------------------------
         Name:
         Title:
</TABLE>

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