Document:

EX-10.10

 Exhibit 10.10 

 
 

 
 iGATE CORPORATION 
 iGATE Corporation 2006 Stock Incentive Plan 
 RESTRICTED STOCK AGREEMENT

 THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), made as of this 17th day of July, 2013 (the “Grant Date”), by and
between iGATE Corporation, 6528 Kaiser Drive, Fremont, CA 94555 (the “Corporation”) 
 and 

Sanjay Tugnait (Emp ID – 804874) (the “Grantee”), a key employee of the Corporation. 

WITNESSETH THAT: 

WHEREAS, Grantee is now employed by the Corporation [“Corporation”, when used herein with reference to employment of
Grantee, shall include any Affiliate of the Corporation as such term is defined in the iGATE Corporation 2006 Stock Incentive Plan (the Plan)] as a key employee of the Corporation. Grantee in consideration of the covenants and agreements herein
contained and intending to be legally bound hereby, agree as follows: 
 SECTION 1: Stock Award 

 

	1.1	 Award. Subject to the terms and conditions set forth in this Agreement and to the terms of the “Plan”, the Corporation hereby awards
to the Grantee 40,000 shares of the Corporation’s common stock, par value $.01 per share, (the “Common Stock”) on the 17th day of July 2013 (the “Grant Date”), subject
to adjustment as provided in Section 14 of the Plan. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Plan. 

 

	1.2	Acceptance. The Grantee accepts the award confirmed hereby, and agrees to be bound by the terms and provisions of this Agreement and the Plan, as the Agreement
and the Plan may be amended from time to time; provided, however, that no alteration, amendment, revocation or termination of this Agreement or the Plan shall, without the written consent of the Grantee, adversely affect the rights of the
Grantee with respect to the award. 

 SECTION 2: Restrictions on Transfer 

1 
 2 

	2.1	Nontransferable. No shares of Common Stock awarded hereunder or any interest therein may be sold, transferred, assigned, pledged or otherwise disposed of (any
such action being hereinafter referred to as a “Disposition”) by the Grantee until such time as this restriction lapses with respect to such shares pursuant to Sections 3.1 or 3.2 hereof, and any attempt to make such a Disposition shall be
null and void and result in the immediate forfeiture and return to the Corporation without consideration of any shares of Common Stock as to which restrictions on Disposition shall at such time be in effect. 

	2.2	Legend. The Grantee agrees that a restrictive legend in substantially the following form may be placed on the shares of Common Stock awarded hereunder:

 “The sale, transfer, assignment, pledge or other disposition of the shares represented
hereby is subject to the restrictions set forth in the iGATE Corporation 2006 Stock Incentive Plan and in the Restricted Stock Agreement executed there under dated as of 17th day of July 2013. No such transaction shall be
recognized as valid or effective unless there shall have been compliance with the terms and conditions of such Plan and Agreement.” 
  

	2.3	Custody. The Grantee hereby authorizes the Corporation or its agents to retain custody of the Common Stock awarded hereunder until such time as the restrictions
on Disposition lapse. As soon as practicable after the date on which restrictions on Disposition of any shares lapse, the Corporation will cause such shares to be issued to or credited to a book-entry account in the Grantee’s name with the
restrictive legend described in Section 2.2 hereof removed. The Grantee understands that the transfer agent for the Common Stock will be instructed to effect transfers of the shares of Common Stock awarded hereunder only upon satisfaction of
the conditions set forth herein and in the Plan. 

 SECTION 3: Vesting, Forfeiture, Termination of Employment
and Disability 
 3 

	3.1	Vesting Period and Forfeiture. 

  

	 	(a)	Vesting. Subject to Section 3.2 hereof, if the Grantee remains continuously employed by the Corporation through the close of business on the dates listed
below, the restrictions on Disposition on the number of shares of restricted Common Stock set forth next to such particular date (as may be adjusted under Section 14 of the Plan) will lapse upon such date and the Grantee shall receive the
shares of Common Stock free of such restrictions on Disposition: 

  

					
	 Vesting Date
	  	Number of Shares	 
	 July 17, 2014
	  	 	10,000	  
	 July 17, 2015
	  	 	10,000	  
	 July 17, 2016
	  	 	10,000	  
	 July 17, 2017
	  	 	10,000	  

  

	 	(b)	Forfeiture upon Termination of Employment. Upon the effective date of Granteee’s voluntary termination of employment, termination for cause, involuntary
termination or retirement from the Corporation occurring prior to the lapse of restrictions on Disposition pursuant to this Section 3.1 or pursuant to Section 3.2 hereof, all shares of Common Stock then subject to restrictions on
Disposition shall immediately be forfeited and returned to the Corporation without consideration or further action being required of the Corporation. The effective date of the Grantee’s termination shall be the date upon which the Grantee
ceases to perform services as an employee of the Corporation, without regard to accrued vacation, severance or other benefits or the characterization thereof on the payroll records of the Corporation. 

  
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	3.2	Specified Terminations of Employment. 

  

	 	(a)	Death or Permanent Total Disablement. The restrictions on Disposition of the Common Stock set forth in Section 2.1 hereof shall lapse immediately upon
termination of the Grantee’s employment with the Corporation if such termination is by reason of (i) the Grantee’s death, or (ii) Grantee’s permanent total disablement (covered by a long-term disability plan of the
Corporation then in effect) and the Grantee/the Grantee’s legal heir shall be entitled to shares of Common Stock vested till the time of Death or permanent total disablement. Notwithstanding anything contained herein, the Compensation Committee
of the Board at its own discretion may review on a case to case basis regarding the unvested awards in case of Grantee’s death or permanent total disablement. 

 

	 	(b)	Change in Control. Notwithstanding the foregoing, upon the occurrence of the following events set forth in (i), (ii), (iii) and (iv) below (each a
“Change in Control”), the restrictions on Disposition of the Common Stock set forth in Section 2.1 hereof shall lapse immediately and the unvested shares of Common Stock shall become payable immediately in the form of
restricted Stock on the effective date in the Change of Control. For these purposes, “Change in Control” shall mean the occurrence of any of the following events: 

 

	 	i)	The acquisition, other than from the Corporation, by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange
Act of 1934, as amended (the “Act”)) (a “Person”) (other than the Corporation, a Subsidiary or any of their respective benefit plans or affiliates within the meaning of Rule 144 under the Securities Act of 1933, as amended) of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Act) of 30% or more of either (i) the then outstanding shares of Stock (the “Outstanding Stock”) or (ii) the combined voting power of the then
outstanding voting securities of the Corporation entitled to vote generally in the election of directors (the “Company Voting Securities”); or 

  

	 	ii)	Individuals who, as of the date of this Agreement, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the
Board, provided that any individual becoming a director subsequent to the Effective Date whose election or nomination for election by the Company’s stockholders was approved by a vote of at least a majority of the directors then comprising the
Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office is in connection with an actual or threatened election
contest relating to the election of the Directors of the Company (as such terms are used in Rule 14a-11 of Regulation 14A promulgated under the Act); or 

  

	 	iii)	 Approval by the stockholders of the Corporation of a reorganization, merger or consolidation or similar form of corporate transaction, involving the
Corporation or any of its Subsidiaries (a “Business Combination”), in each case, with respect to which all or substantially all of the individuals and entities who were the respective beneficial owners of the Outstanding Stock and Company
Voting Securities immediately prior to 

  
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such Business Combination do not, immediately following such Business Combination, beneficially own, directly or indirectly, more than 50% of, respectively, the then outstanding shares of common
stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination in substantially the same
proportion as their ownership immediately prior to such Business Combination of the Outstanding Stock and Company Voting Securities, as the case may be; or 

 

	 	iv)	(A) Approval by the stockholders of the Corporation of a complete liquidation or dissolution of the Corporation or (B) sale or other disposition of all or
substantially all of the assets of the Corporation other than to a corporation with respect to which, following such sale or disposition, more than 50% of, respectively, the then outstanding shares of common stock and the combined voting power of
the then outstanding voting securities entitled to vote generally in the election of directors is then owned beneficially, directly or indirectly, by all or substantially all of the individuals and entities who were the beneficial owners,
respectively, of the Outstanding Stock and Company Voting Securities immediately prior to such sale or disposition in substantially the same proportion as their ownership of the Outstanding Stock and Company Voting Securities, as the case may be,
immediately prior to such sale or disposition. 

 SECTION 4: Miscellaneous 

4 

	4.1	No Right to Employment. Neither the award of Common Stock nor anything else contained in this Agreement or the Plan shall be deemed to limit or restrict the
right of the Corporation to terminate the Grantee’s employment at any time, for any reason, with or without cause. 

  

	4.2	Compliance with Laws. Notwithstanding any other provision of this Agreement, the Grantee hereby agrees to take any action, and consents to the taking of any
action by the Corporation, with respect to the Common Stock awarded hereunder necessary to achieve compliance with applicable laws or regulations in effect from time to time. Any determination in this connection by the Committee shall be final,
binding and conclusive. The Corporation shall in no event be obligated to register any securities pursuant to the Securities Act of 1933 (as the same shall be in effect from time to time) or to take any other affirmative action in order to cause the
award of Common Stock under the Plan, the lapsing of restrictions thereon or the delivery of shares in book-entry form or otherwise therefore to comply with any law or regulation in effect from time to time. 

 

	4.3	Plan Governs. In the event of any inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern. 

 

	4.4	Liability for Breach. The Grantee hereby indemnifies the Corporation and holds it harmless from and against any and all damages or liabilities incurred by the
Corporation (including liabilities for attorneys’ fees and disbursements) arising out of any breach by the Grantee of this Agreement, including, without limitation, any attempted Disposition in violation of Section 2.1 hereof.

  
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	4.5	Tax Withholding. The Grantee shall be advised by the Corporation as to the amount of any federal, state, local or foreign income or employment taxes required to
be withheld on the compensation income resulting from the award of, or lapse of restrictions on, the Common Stock. The Grantee shall pay any taxes required to be withheld directly to the Corporation in cash upon request; provided, however, that
where the restrictions on Disposition set forth in Section 2.1 hereof have lapsed the Grantee may satisfy such obligation in whole or in part by requesting the Corporation in writing to withhold from the Common Stock otherwise deliverable to
the Grantee or by delivering to the Corporation shares of its Common Stock having a Fair Market Value, on the date the restrictions lapse equal to the amount of the aggregate minimum statutory withholding tax obligation to be so satisfied, in
accordance with such rules as the Compensation Committee may prescribe. The Corporation’s obligation to issue or credit shares to the Grantee is contingent upon the Grantee’s satisfaction of an amount sufficient to satisfy any federal,
state, local or other withholding tax requirements, notwithstanding the lapse of the restrictions thereon. 

  

	4.6	Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the Commonwealth of Pennsylvania, other than any choice of law
provisions calling for the application of laws of another jurisdiction. 

 IN WITNESS WHEREOF, the parties hereto
have executed this Agreement as of the Grant Date. 
  

	
	iGATE CORPORATION
	
	/s/ Mukund Srinath
	 Mukund Srinath
 Senior Vice President – Legal
 & Corporate
Secretary

  
 - 5 -EX-10.1

 Exhibit 10.1 
 SEPARATION AGREEMENT AND RELEASE 
 This Separation Agreement and Release
(“Agreement”) is made by and between Andrew Miller (“Executive”) and Polycom, Inc. (the “Company”) (collectively referred to as the “Parties” or individually referred to as a “Party”). 

RECITALS 

WHEREAS, Executive was employed by the Company as its Chief Executive Officer; 

WHEREAS, Executive signed an Employment Offer Letter with the Company on June 8, 2009 (the “Offer Letter”); 

WHEREAS, Executive served as a Company officer and a member of the Company’s Board of Directors (the “Board”), and
resigned as an officer and Board member effective July 19, 2013; 
 WHEREAS, Executive and the Company entered into an
Indemnification Agreement on July 1, 2009 (“Indemnification Agreement”); 
 WHEREAS, Executive signed a
Proprietary Information and Invention Agreement with the Company on June 8, 2009 (the “Proprietary Information Agreement”); 
 WHEREAS, the Company and Executive have entered into certain stock option agreements granting Executive the option to purchase shares of the Company’s common stock (“Shares”) subject to the
terms and conditions of the Company’s equity incentive plan and the applicable stock option agreements; 
 WHEREAS, the
Company and Executive have entered into certain restricted stock unit agreements granting Executive awards of restricted stock units payable in the Company’s common stock subject to the terms and conditions of the Company’s equity
incentive plan and the applicable restricted stock unit agreement; 
 WHEREAS, the Company and Executive have entered into
certain performance share agreements granting Executive the option to receive shares of the Company’s common stock upon the achievement of certain targets subject to the terms and conditions of the Company’s equity incentive plan and the
applicable performance share agreements; 
 WHEREAS, Executive’s employment with the Company will permanently terminate
effective August 15, 2013 (the “Separation Date”); and 
 WHEREAS, the Parties wish to resolve any and all
disputes, claims, complaints, grievances, charges, actions, petitions, and demands that the Executive may have against the other and any of the Releasees as defined below, including, but not limited to, any and all claims arising out of or in any
way related to Executive’s employment with or separation from the Company; 
 NOW, THEREFORE, in consideration of the
mutual promises made herein, the Company and Executive hereby agree as follows: 

  
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 COVENANTS 
 1. Consideration. 
 a. Transition Services. Executive shall remain employed
with the Company through the Separation Date. Beginning on July 19, 2013 and through the Separation Date (the “Transition Period”), Executive agrees to provide reasonable transition services to the Company, or such other services as
the Company may request, including, but not limited to, the transitioning of Employee’s responsibilities. During the Transition Period, Executive will not report to work, but shall remain available by email or telephone to perform any
transition duties reasonably requested by the Company. During the Transition Period, the Company shall continue to pay Executive his base salary in accordance with the Company’s normal payroll practices. Notwithstanding the Transition Period,
Executive understands that the Company intends to terminate the Executive’s email and network access upon the public announcement of his resignation, on or about July 23, 2013, and that he will not have such access thereafter. Executive
acknowledges and agrees that to receive the consideration contemplated herein, he must perform his transition duties and responsibilities in a professional manner. While performing such transition services, Executive shall not represent himself as
an officer or executive of the Company. Executive agrees to notify Ashley Goldsmith, Executive Vice President for Human Resources, immediately in writing in the event that Executive begins employment with another employer prior to the Separation
Date, at which point his employment with the Company will terminate immediately and the Company will cease paying Executive his base salary. 
 b. Payment. The Company agrees to pay Executive a lump sum cash payment in an amount equal to $500,000, less applicable withholdings, payable on the Company’s first payroll date occurring immediately
after the date six (6) months and one (1) day following the Separation Date. The Company shall issue a Form W-2 in connection with said payment. 
 c. Bonus. The Company agrees that Executive will continue to be eligible for his bonus for the first half of the 2013 year, as determined by the Company and subject to the terms of the applicable bonus
plan. The Company shall pay Executive his bonus, less applicable withholdings, at the same time bonuses are paid to similarly situated executives, and at the bonus percentage attained by the Company. The Company shall issue a Form W-2 in connection
with said payment. 
 d. Resignation from Employment. Executive hereby resigns as an employee as of the Separation Date and the
Company shall process his termination accordingly. Executive agrees to execute any documentation deemed reasonably necessary by the Company to confirm Executive’s resignation from employment. 

e. Cooperation Regarding Executive’s Resignation as Officer and from Board of Directors. Effective July 19, 2013,
Executive resigned as an officer and director of the Company and, as applicable, any subsidiaries or affiliated entities of the Company. Executive agrees, as deemed necessary by the Company, to execute any forms or other documents required to effect
such resignations as a matter of state, federal, or foreign law. 

  
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 2. Equity Awards. Executive shall have vested through the Separation Date in certain
stock options, restricted stock units and performance share awards covering Shares, as set forth in Exhibit A attached hereto (the “Awards”). Executive will have three (3) months following the Separation Date to exercise
his Company stock options (grant numbers N0014300 and N0014301), but only to the extent that such options are vested and unexpired on the Separation Date. Notwithstanding the foregoing, in no event may any option be exercised after the original
maximum term of the option. Any equity awards that are unvested on the Separation Date will be forfeited permanently on that date and never will become vested. In all other respects, the exercise of Executive’s vested options and Shares shall
continue to be governed by the terms and conditions of the applicable award agreement and the Company’s equity plan under which the award was granted. 
 3. Benefits. Executive’s health insurance benefits shall cease on the last day of August 2013, subject to Executive’s right to continue his health insurance under the Consolidated Omnibus
Budget Reconciliation Act of 1985, as amended (“COBRA”). If Executive timely elects and pays for continuation coverage pursuant to COBRA within the time period prescribed pursuant to COBRA, Executive may continue coverage for the
applicable time period pursuant to COBRA. Executive shall be entitled to receive an additional taxable payment in an amount equal to the product of 12, multiplied by the amount of the premium for Executive’s first month of COBRA coverage (the
“Additional Severance”) payable on the Company’s first payroll date occurring immediately after the date six (6) months and one (1) day following the Separation Date. Such Additional Severance will be subject to all
applicable income and employment withholding taxes in accordance with the Company’s normal payroll practices. For the avoidance of doubt, this taxable payment will be paid regardless of whether Executive elects COBRA continuation coverage.
Executive’s participation in all other benefits and incidents of employment, including, but not limited to, vesting in equity awards, and the accrual of bonuses, vacation, and paid time off, ceased as of the Separation Date 

4. Equipment. Company acknowledges that following the Separation Date, Executive may retain his Company-issued laptop computers
(two Lenovo ThinkPad laptops), Apple iPad tablet and his Company Samsung Galaxy 4 (including its phone number, which the Company agrees to immediately release to Executive) (the “Devices”), provided that within two (2) business days
of the Effective Date of this Agreement he uses best efforts to permit the Company to ensure the return of any Company information residing on the Devices in a manner satisfactory to the Company and that he will not delete that information without
the Company’s permission. Executive understands that the Company intends to image the hard drives of the Devices, wipe or erase their contents, except for Executive’s personal and private information, and then return them to the Executive.
The Company will in good faith work with Executive’s counsel to adopt a mutually acceptable protocol to preserve and retain Executive’s personal or private information residing on the Devices. In addition, Executive will cooperate with the
Company to remove from the Devices any Company-licensed software the Company deems necessary to remove to comply with its licensing obligations. Executive further agrees that within seven (7) business days following the Separation Date, he will
provide to the Company a written verification or certification stating that he has returned to the Company any Company documents or information stored or residing on Executive’s personal computer(s) or any other storage device that may contain
such information (other than the above-referenced Company-issued Devices). Executive further agrees that he will not delete or destroy any information that he is obligated to preserve pursuant to any preservation request that he has received, or
does receive, if any, from Company counsel or court order brought to his attention. 

  
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 5. Payment of Salary and Receipt of All Benefits. Executive acknowledges and
represents that, other than the consideration set forth in this Agreement, the Company has paid or provided all salary, wages, bonuses, accrued vacation/paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance,
outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, and any and all other benefits and compensation due to Executive. (Regarding Executive’s reimbursable expenses, the Company agrees that it will pay all
of Executive’s outstanding business expenses in accordance with Company policy and procedures prior to the Separation Date, and the Executive agrees to submit any such reimbursement requests for consideration not later than July 29, 2013.)

 6. Press Release. The Company agrees that it will share an advance draft of any press release (or portion thereof) it
intends to issue regarding Executive’s resignation from the Company. Notwithstanding, the Company shall be under no obligation to revise or modify any press release it intends to issue in that regard. 

7. Executive’s Release of Claims. Executive agrees that the foregoing consideration represents settlement in full of all
outstanding obligations owed to Executive by the Company and its current and former officers, directors, employees, agents, investors, attorneys, shareholders, administrators, affiliates, benefit plans, plan administrators, insurers, trustees,
divisions, and subsidiaries, and predecessor and successor corporations and assigns (collectively, the “Releasees”). Executive, on his own behalf and on behalf of his respective heirs, family members, executors, agents, and assigns, hereby
and forever releases the Releasees from, and agrees not to sue concerning, or in any manner to institute, prosecute, or pursue, any claim, complaint, charge, duty, obligation, demand, or cause of action relating to any matters of any kind, whether
presently known or unknown, suspected or unsuspected, that Executive may possess against any of the Releasees arising from any omissions, acts, facts, or damages that have occurred up until and including the Effective Date of this Agreement,
including, without limitation: 
 a. any and all claims relating to or arising from Executive’s employment relationship
with the Company and the termination of that relationship; 
 b. any and all claims relating to, or arising from,
Executive’s right to purchase, or actual purchase of shares of stock of the Company, including, without limitation, any claims for fraud, misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law, and
securities fraud under any state or federal law; 
 c. any and all claims for wrongful discharge of employment; termination in
violation of public policy; discrimination; harassment; retaliation; breach of contract, both express and implied; breach of covenant of good faith and fair dealing, both express and implied; promissory estoppel; negligent or intentional infliction
of emotional distress; fraud; negligent or intentional misrepresentation; negligent or intentional interference with contract or prospective economic advantage; unfair business practices; defamation; libel; slander; negligence; personal injury;
assault; battery; invasion of privacy; false imprisonment; conversion; and disability benefits; 
 d. any and all claims for
violation of any federal, state, or municipal statute, including, but not limited to, Title VII of the Civil Rights Act of 1964; the Civil Rights Act of 1991; 

  
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the Rehabilitation Act of 1973; the Americans with Disabilities Act of 1990; the Equal Pay Act; the Fair Labor Standards Act; the Fair Credit Reporting Act; the Age Discrimination in Employment
Act of 1967; the Older Workers Benefit Protection Act; the Employee Retirement Income Security Act of 1974; the Worker Adjustment and Retraining Notification Act; the Family and Medical Leave Act; the Sarbanes-Oxley Act of 2002; the Immigration
Control and Reform Act; the California Family Rights Act; the California Labor Code; the California Workers’ Compensation Act; and the California Fair Employment and Housing Act; 

e. any and all claims for violation of the federal or any state constitution; 

f. any and all claims arising out of any other laws and regulations relating to employment or employment discrimination; 

g. any claim for any loss, cost, damage, or expense arising out of any dispute over the nonwithholding or other tax treatment of any of
the proceeds received by Executive as a result of this Agreement; and 
 h. any and all claims for attorneys’ fees and
costs (with the exception of Section 18 entitled “Costs”). 
 Executive agrees that the release set forth in this section shall
be and remain in effect in all respects as a complete general release as to the matters released. This release does not extend to any obligations incurred under this Agreement. This release does not release claims that cannot be released as a matter
of law, including, but not limited to, Executive’s right to file a charge with or participate in a charge by the Equal Employment Opportunity Commission, or any other local, state, or federal administrative body or government agency that is
authorized to enforce or administer laws related to employment, against the Company (with the understanding that any such filing or participation does not give Executive the right to recover any monetary damages against the Company; Executive’s
release of claims herein bars Executive from recovering such monetary relief from the Company). Notwithstanding the foregoing, Executive acknowledges that any and all disputed wage claims that are released herein shall be subject to binding
arbitration in accordance with Paragraph 19, except as required by applicable law. Executive represents that he has made no assignment or transfer of any right, claim, complaint, charge, duty, obligation, demand, cause of action, or other matter
waived or released by this Section. Notwithstanding any other term in this Agreement, nothing herein shall constitute a release of Executive’s right to indemnification under the Indemnification Agreement or any other applicable agreement,
insurance policies, by-laws, or under applicable law, including the California Labor Code. 
 8. Acknowledgment of Waiver of
Claims under ADEA. Executive acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 (“ADEA”), and that this waiver and release is knowing and voluntary. Executive
agrees that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the Effective Date of this Agreement. Executive acknowledges that the consideration given for this waiver and release is in addition to
anything of value to which Executive was already entitled. Executive further acknowledges that he has been advised by this writing that: (a) he should consult with an attorney prior to executing this Agreement; (b) he has twenty-one
(21) days within which to consider this Agreement; (c) he has seven (7) days following his execution of this 

  
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Agreement to revoke this Agreement; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes
Executive from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties, or costs for doing so, unless specifically authorized by federal law. In the
event Executive signs this Agreement and returns it to the Company in less than the 21-day period identified above, Executive hereby acknowledges that he has freely and voluntarily chosen to waive the time period allotted for considering this
Agreement. Executive acknowledges and understands that revocation must be accomplished by a written notification to the person executing this Agreement on the Company’s behalf that is received prior to the Effective Date. The parties agree that
changes, whether material or immaterial, do not restart the running of the 21-day period. 
 9. California Civil Code
Section 1542. Executive acknowledges that he has consulted with legal counsel and is familiar with the provisions of California Civil Code Section 1542, a statute that otherwise prohibits the release of unknown claims, which provides
as follows: 
 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER
FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 
 Executive, being aware of said code section, agrees to expressly waive any rights he may have thereunder, as well as under any other statute or common law principles of similar effect. 

10. No Pending or Future Lawsuits. Executive represents that he has no lawsuits, claims, or actions pending in his name, or on
behalf of any other person or entity, against the Company or any of the other Releasees. Executive also represents that he does not intend to bring any claims on his own behalf or on behalf of any other person or entity against the Company or any of
the other Releasees. 
 11. Application for Employment. Executive understands and agrees that, as a condition of this
Agreement, Executive shall not be entitled to any employment with the Company, and Executive hereby waives any right, or alleged right, of employment or re-employment with the Company. Executive further agrees not to apply for employment with the
Company and not otherwise pursue an independent contractor or vendor relationship with the Company. 
 12. Trade Secrets and
Confidential Information/Company Property. Executive reaffirms and agrees to observe and abide by the terms of the Proprietary Information Agreement, specifically including the provisions therein regarding nondisclosure of the Company’s
trade secrets and confidential and proprietary information, and nonsolicitation of Company employees. Executive’s signature below constitutes his certification under penalty of perjury that he has returned all documents and other items provided
to Executive by the Company, developed or obtained by Executive in connection with his employment with the Company, or otherwise belonging to the Company. 

  
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 13. No Cooperation. Executive agrees that he will not knowingly encourage, counsel,
or assist any attorneys or their clients in the presentation or prosecution of any disputes, differences, grievances, claims, charges, or complaints by any third party against any of the Releasees, unless under a subpoena or other court order to do
so or as related directly to the ADEA waiver in this Agreement. Executive agrees both to immediately notify the Company upon receipt of any such subpoena or court order, and to furnish, within three (3) business days of its receipt, a copy of
such subpoena or other court order. If approached by anyone for counsel or assistance in the presentation or prosecution of any disputes, differences, grievances, claims, charges, or complaints against any of the Releasees, Executive shall state no
more than that he cannot provide counsel or assistance. 
 14. Non-Disparagement and Communications with Company Employees,
Customers and Business Partners. Executive agrees to refrain from any disparagement, defamation, libel, or slander of any of the Releasees, and agrees to refrain from any tortious interference with the contracts and relationships of any of
the Releasees. Executive further agrees that he will refrain from discussing Company confidential business or financial information with third parties, including the Company’s actual and potential customers or business
partners. Executive further agrees that he will not discuss the Company’s business with Company employees, customers, or business partners without the written consent of the Company’s Chief Executive Officer or his
designee. Notwithstanding the foregoing, nothing in this Section 14 shall prevent (and none of the following shall be deemed a breach of this Section 14) any person from making any truthful statement to the extent (i) necessary
with respect to any litigation, arbitration or mediation involving this Agreement, including, but not limited to, the enforcement of this Agreement, or (ii) required by law or by any court, arbitrator, mediator or administrative or legislative
body (including any committee thereof) with apparent jurisdiction over such person. 
 15. Breach. In addition to the
rights provided in the “Attorneys’ Fees” section below, Executive acknowledges and agrees that any material breach of this Agreement, unless such breach constitutes a legal action by Executive challenging or seeking a determination in
good faith of the validity of the waiver herein under the ADEA, or of any provision of the Proprietary Information Agreement shall entitle the Company immediately to recover and/or cease providing the consideration provided to Executive under this
Agreement and to obtain damages, except as provided by law. 
 16. No Admission of Liability. The Parties understand and
acknowledge that this Agreement constitutes a compromise and settlement of any and all actual or potential disputed claims by Executive. No action taken by either Party hereto, either previously or in connection with this Agreement, shall be deemed
or construed to be (a) an admission of the truth or falsity of any actual or potential claims or (b) an acknowledgment or admission by either Party of any fault or liability whatsoever to each other or to any third party. 

17. Nonsolicitation. During Executive’s employment with the Company, Executive came into contact and became familiar with the
Company’s employees, and learned about their knowledge, skills, abilities, salaries, commissions, benefits, and other matters with respect to such employees, all of which information is not generally known to the public but has been developed,
acquired or compiled by the Company at its great effort and expense. Pursuant to and consistent 

  
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with the terms of the Polycom Proprietary Information and Invention Agreement, Executive agrees that for a period of one (1) year (i.e., 365 calendar days) following his Separation Date,
Executive shall not, on his own behalf or on behalf of any other person, partnership, association, corporation, or other entity, solicit, encourage or in any manner induce any employee of the Company to leave his or her employment with the Company
for any reason. 
 18. Costs. The Company agrees to reimburse Executive for his reasonable attorneys’ fees and costs
incurred in connection with the preparation of this Agreement and Executive’s resignation from the Company. Said fees and costs shall not exceed $25,000. The Company acknowledges that the payment of Executive’s attorneys’ fees and
costs with respect to this Agreement is not intended to waive either the Company’s obligations or Executive’s rights under the Indemnification Agreement. 
 19. ARBITRATION. THE PARTIES AGREE THAT ANY AND ALL DISPUTES ARISING OUT OF THE TERMS OF THIS AGREEMENT, THEIR INTERPRETATION, AND ANY OF THE MATTERS HEREIN RELEASED, SHALL BE SUBJECT TO
ARBITRATION IN SANTA CLARA COUNTY, CALIFORNIA BEFORE JUDICIAL ARBITRATION & MEDIATION SERVICES (“JAMS”), PURSUANT TO ITS EMPLOYMENT ARBITRATION RULES & PROCEDURES (“JAMS RULES”). THE ARBITRATOR MAY GRANT
INJUNCTIONS AND OTHER RELIEF IN SUCH DISPUTES. THE ARBITRATOR SHALL ADMINISTER AND CONDUCT ANY ARBITRATION IN ACCORDANCE WITH CALIFORNIA LAW, INCLUDING THE CALIFORNIA CODE OF CIVIL PROCEDURE, AND THE ARBITRATOR SHALL APPLY SUBSTANTIVE AND PROCEDURAL
CALIFORNIA LAW TO ANY DISPUTE OR CLAIM, WITHOUT REFERENCE TO ANY CONFLICT-OF-LAW PROVISIONS OF ANY JURISDICTION. TO THE EXTENT THAT THE JAMS RULES CONFLICT WITH CALIFORNIA LAW, CALIFORNIA LAW SHALL TAKE PRECEDENCE. THE DECISION OF THE ARBITRATOR
SHALL BE FINAL, CONCLUSIVE, AND BINDING ON THE PARTIES TO THE ARBITRATION. THE PARTIES AGREE THAT THE PREVAILING PARTY IN ANY ARBITRATION SHALL BE ENTITLED TO INJUNCTIVE RELIEF IN ANY COURT OF COMPETENT JURISDICTION TO ENFORCE THE ARBITRATION AWARD.
THE PARTIES TO THE ARBITRATION SHALL EACH PAY AN EQUAL SHARE OF THE COSTS AND EXPENSES OF SUCH ARBITRATION, AND EACH PARTY SHALL SEPARATELY PAY FOR ITS RESPECTIVE COUNSEL FEES AND EXPENSES; PROVIDED, HOWEVER, THAT THE ARBITRATOR SHALL AWARD
ATTORNEYS’ FEES AND COSTS TO THE PREVAILING PARTY, EXCEPT AS PROHIBITED BY LAW. THE PARTIES HEREBY AGREE TO WAIVE THEIR RIGHT TO HAVE ANY DISPUTE BETWEEN THEM RESOLVED IN A COURT OF LAW BY A JUDGE OR JURY. NOTWITHSTANDING THE FOREGOING, THIS
SECTION WILL NOT PREVENT EITHER PARTY FROM SEEKING INJUNCTIVE RELIEF (OR ANY OTHER PROVISIONAL REMEDY) FROM ANY COURT HAVING JURISDICTION OVER THE PARTIES AND THE SUBJECT MATTER OF THEIR DISPUTE RELATING TO THIS AGREEMENT AND THE AGREEMENTS
INCORPORATED HEREIN BY REFERENCE. SHOULD ANY PART OF THE ARBITRATION AGREEMENT CONTAINED IN THIS PARAGRAPH CONFLICT WITH ANY OTHER ARBITRATION AGREEMENT BETWEEN THE PARTIES, THE PARTIES AGREE THAT THIS ARBITRATION AGREEMENT SHALL GOVERN. 

  
 Page 8 of 12

 20. Tax Consequences. The Company makes no representations or warranties with respect
to the tax consequences of the payments and any other consideration provided to Executive or made on his behalf under the terms of this Agreement. Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or
federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies,
penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Executive’s failure to pay or delayed payment of federal or state taxes, or
(b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs. 
 21.
Section 409A. The parties intend that upon the Separation Date, Executive will have a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and
the final regulations and official guidance thereunder (“Section 409A”). The provisions of this Agreement and all compensation and benefits provided for under this Agreement are intended to comply with Section 409A and any
ambiguities herein will be interpreted to so comply and/or be exempt from Section 409A. Each payment and benefit to be paid or provided under this Agreement is intended to constitute a series of separate payments for purposes of
Section 1.409A-2(b)(2) of the Treasury Regulations. The Company and Executive will work together in good faith to consider either (i) amendments to this Agreement; or (ii) revisions to this Agreement with respect to the payment
of any awards, which are necessary or appropriate to avoid imposition of any additional tax or income recognition prior to the actual payment to Executive under Section 409A. In no event will the Company reimburse Executive for any taxes
that may be imposed on Executive under Section 409A or any other provision of the Code with respect to any payments or benefits Executive may receive from the Company under this Agreement or under any other agreement or arrangement. 

22. Authority. The Company represents and warrants that the undersigned has the authority to act on behalf of the Company and to
bind the Company and all who may claim through it to the terms and conditions of this Agreement. Executive represents and warrants that he has the capacity to act on his own behalf and on behalf of all who might claim through him to bind them to the
terms and conditions of this Agreement. Each Party warrants and represents that there are no liens or claims of lien or assignments in law or equity or otherwise of or against any of the claims or causes of action released herein. 

23. No Representations. Executive represents that he has had an opportunity to consult with an attorney, and has carefully read
and understands the scope and effect of the provisions of this Agreement. Executive has not relied upon any representations or statements made by the Company that are not specifically set forth in this Agreement. 

24. Severability. In the event that any provision or any portion of any provision hereof or any surviving agreement made a part
hereof becomes or is declared by a court of competent jurisdiction or arbitrator to be illegal, unenforceable, or void, this Agreement shall continue in full force and effect without said provision or portion of provision. 

25. Attorneys’ Fees. Except with regard to a legal action challenging or seeking a determination in good faith of the
validity of the waiver herein under the ADEA, in the event that 

  
 Page 9 of 12

 
either Party brings an action to enforce or effect its rights under this Agreement, the prevailing Party shall be entitled to recover its costs and expenses, including the costs of mediation,
arbitration, litigation, court fees, and reasonable attorneys’ fees incurred in connection with such an action. 
 26.
Entire Agreement. This Agreement represents the entire agreement and understanding between the Company and Executive concerning the subject matter of this Agreement and Executive’s employment with and separation from the Company and the
events leading thereto and associated therewith, and supersedes and replaces any and all prior agreements and understandings concerning the subject matter of this Agreement and Executive’s relationship with the Company, with the exception of
the Indemnification Agreement, the Proprietary Information Agreement and the award agreements under which the Awards were granted (as set forth on Exhibit A), entered into between Executive and the Company. 

27. No Oral Modification. This Agreement may only be amended in a writing signed by Executive and a duly authorized officer of the
Company. 
 28. Governing Law. This Agreement shall be governed by the laws of the State of California, without regard
for choice-of-law provisions. Executive consents to personal and exclusive jurisdiction and venue in the State of California. 

29. Effective Date. Executive understands that this Agreement shall be null and void if not executed by him within twenty one
(21) days. Executive has seven (7) days after he signs this Agreement to revoke it. This Agreement will become effective on the eighth (8th) day after Executive signed this Agreement, so long as it has been signed by the Parties
and has not been revoked by Executive before that date (the “Effective Date”). Any notice of revocation must be sent by certified mail to the attention of the General Counsel at the Company’s San Jose, CA headquarters. 

30. Counterparts. This Agreement may be executed in counterparts and by facsimile, and each counterpart and facsimile shall have
the same force and effect as an original and shall constitute an effective, binding agreement on the part of each of the undersigned. 
 31. Voluntary Execution of Agreement. Executive understands and agrees that he executed this Agreement voluntarily, without any duress or undue influence on the part or behalf of the Company or any
third party, with the full intent of releasing all of his claims against the Company and any of the other Releasees. Executive acknowledges that: 
  

	 	(a)	He has read this Agreement; 

  

	 	(b)	He has been represented in the preparation, negotiation, and execution of this Agreement by legal counsel of his own choice or has elected not to retain legal counsel;

  

	 	(c)	He understands the terms and consequences of this Agreement and of the releases it contains; and 

  
 Page 10 of 12

	 	(d)	He is fully aware of the legal and binding effect of this Agreement. 

 IN WITNESS WHEREOF, the Parties have executed this Agreement on the respective dates set forth below. 
  

					
		 	ANDREW MILLER, an individual
		
	Dated: 7/22/2013	 	       /s/ Andrew Miller

		 	Andrew Miller
		
		 	POLYCOM, INC.
			
	Dated: July 22, 2013	 	By	 	       /s/ Sayed M. Darwish

		 		 	 Sayed M. Darwish
 Chief
Legal Officer and Executive Vice President,
 Corporate Development

			
	Approved as to Form:	 		 	
			
	Dated: 7/22/13	 	By:	 	       /s/ Tom E. Wilson

		 		 	 Tom E. Wilson
 Morrison
& Foerster LLP
 Counsel for Andrew Miller

  
 Page 11 of 12

 EXHIBIT A 

Company Equity Awards Held by Executive as of Separation Date 
 Stock Option Awards 
  

																					
	 Grant Number
	  	Grant Date	 	  	Per Share Exercise
Price	 	  	Total Number of Shares
Granted	 	  	Total Number of Shares
Vested Through
Separation Date	 	 	Number of Unvested
Shares Forfeited on
Separation Date	 
	 N0014300
	  	 	8/4/2009	  	  	$	11.795	  	  	 	200,000	  	  	 	200,000	* 	 	 	0	  
	 N0014301
	  	 	5/29/2012	  	  	$	11.610	  	  	 	10,000	  	  	 	5,000	  	 	 	5,000	  

  

	*	170,000 Shares remain exercisable as a result of 30,000 Shares previously exercised under the award. 

Restricted Stock Unit Awards 
  

																					
	 Grant Number
	    	Grant Date	 	  	Total Number of Shares
Granted	 	  	Total Number of Shares
That Vested Through
7/19/2013*	 	  	Number of Unvested
Shares as of
7/19/2013*	 	  	Number of Shares
Eligible to Vest Between
7/19/2013 and
Separation
Date**	 
	 RS14637
	    	 	8/1/2012	  	  	 	150,000	  	  	 	0	  	  	 	150,000	  	  	 	50,000	** 
	 RS08635
	    	 	11/4/2010	  	  	 	35,000	  	  	 	23,332	  	  	 	11,668	  	  	 	0	  
	 RS13657
	    	 	2/22/2012	  	  	 	82,500	  	  	 	27,500	  	  	 	55,000	  	  	 	0	  
	 RS10480
	    	 	2/23/2011	  	  	 	58,000	  	  	 	38,666	  	  	 	19,334	  	  	 	0	  
	 RS17278
	    	 	6/5/2013	  	  	 	318,840	  	  	 	0	  	  	 	318,840	  	  	 	0	  
	 RS10762
	    	 	5/11/2011	  	  	 	7,500	  	  	 	5,000	  	  	 	2,500	  	  	 	0	  

  

	*	To the extent any Shares subject to the award remain unvested as of the Separation Date, all such Shares automatically will be forfeited permanently and never will
become vested. 

	**	50,000 Shares subject to the award are scheduled to vest on 8/1/2013, subject to Executive’s continued employment with the Company through that date.

 Performance Share Awards 
  

																					
	 Grant Number
	  	Grant Date	 	  	Total Number of Target
Shares Granted	 	  	Total Number of Shares That
Vested Through 
7/19/2013	 	  	Number of Additional
Target Shares Eligible
to Vest on or Prior
to
Separation Date*	 	 	Next Scheduled
Vesting Date on or
Prior to 
Separation
Date	 
	 PR001450
	  	 	8/1/2012	  	  	 	150,000	  	  	 	0	  	  	 	50,000	** 	 	 	*	* 
	 PR001638
	  	 	2/27/2013	  	  	 	318,840	  	  	 	0	  	  	 	0	  	 	 	None	  
	 PR001410
	  	 	2/22/2012	  	  	 	75,000	  	  	 	0	  	  	 	0	  	 	 	None	  
	 PR000946
	  	 	5/11/2011	  	  	 	7,500	  	  	 	0	  	  	 	0	  	 	 	None	  
	 PR000907
	  	 	2/23/2011	  	  	 	58,000	  	  	 	17,012	  	  	 	0	  	 	 	None	  
	 PR000606
	  	 	11/4/2010	  	  	 	35,000	  	  	 	28,697	  	  	 	0	  	 	 	None	  

  

	*	The number of Shares, if any, that may vest under the performance share awards set forth above will depend on actual performance with respect to the applicable
performance objectives under the award, and only to the extent that the performance period thereunder has been completed on or prior to the Separation Date. The vesting of Shares, if any, under the performance share awards will be subject to all of
the terms and conditions of the applicable award agreement. Any Shares subject to an award that fail to vest or for which the performance period or continued employment requirement has not been completed on or prior to the Separation Date
automatically will be forfeited permanently and never will become vested. 

	**	A target of 50,000 Shares, up to a maximum of 75,000 Shares and a minimum of 0 Shares, are eligible to vest upon completion of the award’s first performance period
ending 7/31/2013, subject to actual performance and Executive’s continued employment with the Company through the later of August 1, 2013, or the date the independent members of the Company’s Board of Directors certify achievement of
the applicable performance criteria (expected to occur on August 7, 2013). 

  
 Page 12 of 12

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