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                                                                   EXHIBIT 10.23

                                 HARMONIC INC.

                       2002 EMPLOYEE STOCK PURCHASE PLAN

     The following constitute the provisions of the 2002 Employee Stock Purchase
Plan (the "Plan") of Harmonic Inc.

     1.  Purpose.  The purpose of the Plan is to provide employees of the
Company and its Designated Subsidiaries with an opportunity to purchase Common
Stock of the Company through accumulated payroll deductions. It is the intention
of the Company to have the Plan qualify as an "Employee Stock Purchase Plan"
under Section 423 of the Code. The provisions of the Plan, accordingly, shall be
construed so as to extend and limit participation in a uniform and
nondiscriminatory basis consistent with the requirements of Section 423.

     2.  Definitions.

          a).  "Administrator" shall mean the Board or any Committee designated
     by the Board to administer the Plan pursuant to Section 14.

          b).  "Board" shall mean the Board of Directors of the Company.

          c).  "Change-of-Control" shall mean the occurrence of any of the
     following events:

             (i) any "person" (as such term is used in Sections 13(d) and 14(d)
        of the Exchange Act) becomes the "beneficial owner" (as defined in Rule
        13d-3 of the Exchange Act), directly or indirectly, of securities of the
        Company representing fifty percent (50%) or more of the total voting
        power represented by the Company's then outstanding voting securities;
        or

             (ii) the consummation of the sale or disposition by the Company of
        all or substantially all of the Company's assets; or

             (iii) the consummation of a merger or consolidation of the Company,
        with any other corporation, other than a merger or consolidation which
        would result in the voting securities of the Company outstanding
        immediately prior thereto continuing to represent (either by remaining
        outstanding or by being converted into voting securities of the
        surviving entity or its parent) at least fifty percent (50%) of the
        total voting power represented by the voting securities of the Company,
        or such surviving entity or its parent outstanding immediately after
        such merger or consolidation;

             (iv) a change in the composition of the Board, as a result of which
        fewer than a majority of the Directors are Incumbent Directors.
        "Incumbent Directors" shall mean Directors who either (A) are Directors
        of the Company, as applicable, as of the date hereof, or (B) are
        elected, or nominated for election, to the Board with the affirmative
        votes of at least a majority of those Directors whose election or
        nomination was not in connection with any transaction described in
        subsections (i), (ii) or (iii) or in connection with an actual or
        threatened proxy contest relating to the election of Directors of the
        Company.

          d).  "Code" shall mean the Internal Revenue Code of 1986, as amended.

          e).  "Committee" means a committee of the Board appointed by the Board
     in accordance with Section 14 hereof.

          f).  "Common Stock" shall mean the common stock of the Company.

          g).  "Company" shall mean Harmonic Inc., a Delaware corporation and
     any Designated Subsidiary of the Company.

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          h).  "Compensation" shall mean all base straight time gross earnings,
     including commissions and payments for overtime and shift premiums, but
     exclusive of payments for incentive compensation, incentive payments,
     bonuses and other compensation.

          i).  "Designated Subsidiary" shall mean any Subsidiary selected by the
     Administrator as eligible to participate in the Plan.

          j).  "Director" shall mean a member of the Board.

          k).  "Eligible Employee" shall mean any individual who is a common law
     employee of the Company or any Designated Subsidiary and whose customary
     employment with the Company or Designated Subsidiary is at least twenty
     (20) hours per week and more than five (5) months in any calendar year. For
     purposes of the Plan, the employment relationship shall be treated as
     continuing intact while the individual is on sick leave or other leave of
     absence approved by the Company. Where the period of leave exceeds 90 days
     and the individual's right to reemployment is not guaranteed either by
     statute or by contract, the employment relationship shall be deemed to have
     terminated on the 91st day of such leave.

          l).  "Exchange Act" shall mean the Securities Exchange Act of 1934, as
     amended.

          m).  "Exercise Date" shall mean the first Trading Day on or after July
     1 and January 1 of each year. The first Exercise Date under the Plan shall
     be on January 1, 2003.

          n).  "Fair Market Value" shall mean, as of any date, the value of
     Common Stock determined as follows:

             (i) if the Common Stock is listed on any established stock exchange
        or a national market system, including without limitation the Nasdaq
        National Market or The Nasdaq SmallCap Market of The Nasdaq Stock
        Market, its Fair Market Value shall be the closing sales price for such
        stock (or the closing bid, if no sales were reported) as quoted on such
        exchange or system on the date of determination, as reported in The Wall
        Street Journal or such other source as the Board deems reliable;

             (ii) if the Common Stock is regularly quoted by a recognized
        securities dealer but selling prices are not reported, its Fair Market
        Value shall be the mean of the closing bid and asked prices for the
        Common Stock on the date of determination, as reported in The Wall
        Street Journal or such other source as the Board deems reliable;

             (iii) in the absence of an established market for the Common Stock,
        the Fair Market Value thereof shall be determined in good faith by the
        Board.

          o).  "Offering Date" shall mean the first Trading Day of each Offering
     Period.

          p).  "Offering Periods" shall mean the periods of approximately 24
     (twenty-four) months during which an option granted pursuant to the Plan
     may be exercised, commencing on the first Trading Day on or after July 1
     and January 1 of each year and terminating on the first Trading Day on or
     after the January 1 and July 1 Offering Period commencement date
     approximately 24 (twenty-four) months later. The duration and timing of
     Offering Periods may be changed pursuant to Section 4 of this Plan.

          q).  "Plan" shall mean this 2002 Employee Stock Purchase Plan.

          r).  "Purchase Period" shall mean the approximately six (6) month
     period commencing on one Exercise Date and ending with the next Exercise
     Date, except that the first Purchase Period of any Offering Period shall
     commence on the Offering Date and end with the next Exercise Date.

          s).  "Purchase Price" shall mean 85% (eighty-five percent) of the Fair
     Market Value of a share of Common Stock on the Offering Date or on the
     Exercise Date, whichever is lower;

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     provided however, that the Purchase Price may be adjusted by the
     Administrator pursuant to Section 20.

          t).  "Subsidiary" shall mean a "subsidiary corporation," whether now
     or hereafter existing, as defined in Section 424(f) of the Code.

          u).  "Trading Day" shall mean a day on which national stock exchanges
     and the Nasdaq System are open for trading.

     3.  Eligibility.

          a).  Offering Periods. Any Eligible Employee on a given Offering Date
     shall be eligible to participate in the Plan.

          b).  Limitations. Any provisions of the Plan to the contrary
     notwithstanding, no Eligible Employee shall be granted an option under the
     Plan (i) to the extent that, immediately after the grant, such Eligible
     Employee (or any other person whose stock would be attributed to such
     Eligible Employee pursuant to Section 424(d) of the Code) would own capital
     stock of the Company and/or hold outstanding options to purchase such stock
     possessing 5% (five percent) or more of the total combined voting power or
     value of all classes of the capital stock of the Company or of any
     Subsidiary, or (ii) to the extent that his or her rights to purchase stock
     under all employee stock purchase plans of the Company and its subsidiaries
     accrues at a rate which exceeds $25,000 (twenty-five thousand dollars)
     worth of stock (determined at the fair market value of the shares at the
     time such option is granted) for each calendar year in which such option is
     outstanding at any time.

     4.  Offering Periods. The Plan shall be implemented by consecutive,
overlapping Offering Periods with a new Offering Period commencing on the first
Trading Day on or after July 1 and January 1 each year, or on such other date as
the Board shall determine, and continuing thereafter until terminated in
accordance with Section 20 hereof. The Board shall have the power to change the
duration of Offering Periods (including the commencement dates thereof) with
respect to future offerings without stockholder approval if such change is
announced prior to the scheduled beginning of the first Offering Period to be
affected thereafter.

     5.  Participation.

          a).  Offering Periods. An Eligible Employee may become a participant
     in the Plan by completing a subscription agreement authorizing payroll
     deductions in the form of Exhibit 1 to this Plan and filing it with the
     Company's payroll office at least 5 (five) days prior to the applicable
     Offering Date or as otherwise determined by the Administrator.

          b).  Payroll Deductions. Payroll deductions for a participant shall
     commence on the first payroll following the first day of the applicable
     Offering Period and shall end on the last payroll in the Offering Period to
     which such authorization is applicable, unless sooner terminated by the
     participant as provided in Section 10 hereof.

     6.  Payroll Deductions.

          a).  At the time a participant files his or her subscription
     agreement, he or she shall elect to have payroll deductions made on each
     pay day during the Offering Period in an amount not exceeding 10% (ten
     percent) of the Compensation which he or she receives on each pay day
     during the Offering Period; provided, however, that should a pay day occur
     on an Exercise Date, a participant shall have the payroll deductions made
     on such day applied to his or her account under the new Offering Period or
     Purchase Period, as the case may be. A participant's subscription agreement
     shall remain in effect for successive Offering Periods unless terminated as
     provided in Section 10 hereof.

          b).  Payroll deductions for a participant shall commence on the first
     payday following the Offering Date and shall end on the last payday in the
     Offering Period to which such

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     authorization is applicable, unless sooner terminated by the participant as
     provided in Section 10 hereof, for any Offering Period as determined.

          c).  All payroll deductions made for a participant shall be credited
     to his or her account under the Plan and shall be withheld in whole
     percentages only. A participant may not make any additional payments into
     such account.

          d).  A participant may discontinue his or her participation in the
     Plan as provided in Section 10 hereof, or may increase or decrease the rate
     of his or her payroll deductions during the Offering Period by completing
     or filing with the Company a new subscription agreement authorizing a
     change in payroll deduction rate. The Administrator may, in its discretion,
     limit the nature and/or number of participation rate changes during any
     Offering Period. The change in rate shall be effective with the first full
     payroll period following 5 (five) business days after the Company's receipt
     of the new subscription agreement unless the Company elects to process a
     given change in participation more quickly.

          e).  Notwithstanding the foregoing, to the extent necessary to comply
     with Section 423(b)(8) of the Code and Section 3(b) hereof, a participant's
     payroll deductions may be decreased to zero percent (0%) at any time during
     a Purchase Period. Payroll deductions shall recommence at the rate provided
     in such participant's subscription agreement at the beginning of the first
     Purchase Period which is scheduled to end in the following calendar year,
     unless terminated by the participant as provided in Section 10 hereof.

          f).  At the time the option is exercised, in whole or in part, or at
     the time some or all of the Company's Common Stock issued under the Plan is
     disposed of, the participant must make adequate provision for the Company's
     federal, state, or other tax withholding obligations, if any, which arise
     upon the exercise of the option or the disposition of the Common Stock. At
     any time, the Company may, but shall not be obligated to, withhold from the
     participant's compensation the amount necessary for the Company to meet
     applicable withholding obligations, including any withholding required to
     make available to the Company any tax deductions or benefits attributable
     to sale or early disposition of Common Stock by the Eligible Employee.

     7.  Grant of Option.  On the Offering Date of each Offering Period, each
Eligible Employee participating in such Offering Period shall be granted an
option to purchase on each Exercise Date during such Offering Period (at the
applicable Purchase Price) up to a number of shares of the Company's Common
Stock determined by dividing such Eligible Employee's payroll deductions
accumulated prior to such Exercise Date and retained in the Participant's
account as of the Exercise Date by the applicable Purchase Price; provided that
in no event shall an Eligible Employee be permitted to purchase during each
Purchase Period more than 3,000 shares of the Company's Common Stock (subject to
any adjustment pursuant to Section 19), and provided further that such purchase
shall be subject to the limitations set forth in Sections 3(b), 7 and 12 hereof.
The Eligible Employee may accept the grant of such option by turning in a
completed Subscription Agreement (attached hereto as Exhibit 1) to the Company
at least 5 (five) days prior to an Offering Date or as otherwise determined by
the Administrator. The Administrator may, for future Offering Periods, increase
or decrease, in its absolute discretion, the maximum number of shares of the
Company's Common Stock an Eligible Employee may purchase during each Purchase
Period of such Offering Period. Exercise of the option shall occur as provided
in Section 8 hereof, unless the participant has withdrawn pursuant to Section 10
hereof. The option shall expire on the last day of the Offering Period.

     8.  Exercise of Option.

          a).  Unless a participant withdraws from the Plan as provided in
     Section 10 hereof, his or her option for the purchase of shares shall be
     exercised automatically on the Exercise Date, and the maximum number of
     full shares subject to option shall be purchased for such participant at
     the applicable Purchase Price with the accumulated payroll deductions in
     his or her account. No

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     fractional shares shall be purchased; any payroll deductions accumulated in
     a participant's account which are not sufficient to purchase a full share
     shall be retained in the participant's account for the subsequent Purchase
     Period or Offering Period, subject to earlier withdrawal by the participant
     as provided in Section 10 hereof. Any other funds left over in a
     participant's account after the Exercise Date shall be returned to the
     participant. During a participant's lifetime, a participant's option to
     purchase shares hereunder is exercisable only by him or her.

          b).  If the Administrator determines that, on a given Exercise Date,
     the number of shares with respect to which options are to be exercised may
     exceed (i) the number of shares of Common Stock that were available for
     sale under the Plan on the Offering Date of the applicable Offering Period,
     or (ii) the number of shares available for sale under the Plan on such
     Exercise Date, the Administrator may in its sole discretion (x) provide
     that the Company shall make a pro rata allocation of the shares of Common
     Stock available for purchase on such Offering Date or Exercise Date, as
     applicable, in as uniform a manner as shall be practicable and as it shall
     determine in its sole discretion to be equitable among all participants
     exercising options to purchase Common Stock on such Exercise Date, and
     continue all Offering Periods then in effect, or (y) provide that the
     Company shall make a pro rata allocation of the shares available for
     purchase on such Offering Date or Exercise Date, as applicable, in as
     uniform a manner as shall be practicable and as it shall determine in its
     sole discretion to be equitable among all participants exercising options
     to purchase Common Stock on such Exercise Date, and terminate any or all
     Offering Periods then in effect pursuant to Section 20 hereof. The Company
     may make pro rata allocation of the shares available on the Offering Date
     of any applicable Offering Period pursuant to the preceding sentence,
     notwithstanding any authorization of additional shares for issuance under
     the Plan by the Company's stockholders subsequent to such Offering Date.

     9.  Delivery.  As soon as reasonably practicable after each Exercise Date
on which a purchase of shares occurs, the Company shall arrange the delivery to
each participant the shares purchased upon exercise of his or her option in a
form determined by the Administrator.

     10.  Withdrawal.

          a).  A participant may withdraw all but not less than all the payroll
     deductions credited to his or her account and not yet used to exercise his
     or her option under the Plan at any time by giving written notice to the
     Company in the form of Exhibit 2 to this Plan. All of the participant's
     payroll deductions credited to his or her account shall be paid to such
     participant as promptly as practicable after receipt of notice of
     withdrawal and such participant's option for the Offering Period shall be
     automatically terminated, and no further payroll deductions for the
     purchase of shares shall be made for such Offering Period. If a participant
     withdraws from an Offering Period, payroll deductions shall not resume at
     the beginning of the succeeding Offering Period unless the participant
     delivers to the Company a new subscription agreement.

          b).  A participant's withdrawal from an Offering Period shall not have
     any effect upon his or her eligibility to participate in any similar plan
     that may hereafter be adopted by the Company or in succeeding Offering
     Periods which commence after the termination of the Offering Period from
     which the participant withdraws.

     11.  Termination of Employment.  In the event a participant ceases to be an
Eligible Employee of the Company or any Designated Subsidiary, as applicable, he
or she will be deemed to have elected to withdraw from the Plan and the payroll
deductions credited to such participant's account during the Offering Period but
not yet used to exercise the option will be returned to such participant or, in
the case of his or her death, to the person or persons entitled thereto under
Section 15 hereof, and such participant's option will be automatically
terminated. The preceding sentence notwithstanding, a participant who receives
payment in lieu of notice of termination of employment shall be treated as
continuing to be an Employee for the participant's customary

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number of hours per week of employment during the period in which the
participant is subject to such payment in lieu of notice.

     12.  Interest.  No interest shall accrue on the payroll deductions of a
participant in the Plan.

     13.  Stock.

          a).  Subject to adjustment upon changes in capitalization of the
     Company as provided in Section 19 hereof, the maximum number of shares of
     the Company's Common Stock which shall be made available for sale under the
     Plan shall be 1,500,000 shares.

          b).  Until the shares are issued (as evidenced by the appropriate
     entry on the books of the Company or of a duly authorized transfer agent of
     the Company), a participant shall only have the rights of an unsecured
     creditor with respect to such shares, and no right to vote or receive
     dividends or any other rights as a stockholder shall exist with respect to
     such shares.

          c).  Shares to be delivered to a participant under the Plan shall be
     registered in the name of the participant or in the name of the participant
     and his or her spouse.

     14.  Administration.  The Administrator shall administer the Plan and shall
have full and exclusive discretionary authority to construe, interpret and apply
the terms of the Plan, to determine eligibility and to adjudicate all disputed
claims filed under the Plan. Every finding, decision and determination made by
the Administrator shall, to the full extent permitted by law, be final and
binding upon all parties.

     15.  Designation of Beneficiary.

          a).  A participant may file a written designation of a beneficiary who
     is to receive any shares and cash, if any, from the participant's account
     under the Plan in the event of such participant's death subsequent to an
     Exercise Date on which the option is exercised but prior to delivery to
     such participant of such shares and cash. In addition, a participant may
     file a written designation of a beneficiary who is to receive any cash from
     the participant's account under the Plan in the event of such participant's
     death prior to exercise of the option. If a participant is married and the
     designated beneficiary is not the spouse, spousal consent shall be required
     for such designation to be effective.

          b).  Such designation of beneficiary may be changed by the participant
     at any time by written notice. In the event of the death of a participant
     and in the absence of a beneficiary validly designated under the Plan who
     is living at the time of such participant's death, the Company shall
     deliver such shares and/or cash to the executor or administrator of the
     estate of the participant, or if no such executor or administrator has been
     appointed (to the knowledge of the Company), the Company, in its
     discretion, may deliver such shares and/or cash to the spouse or to any one
     or more dependents or relatives of the participant, or if no spouse,
     dependent or relative is known to the Company, then to such other person as
     the Company may designate.

          c).  All beneficiary designations shall be in such form and manner as
     the Administrator may designate from time to time.

     16.  Transferability.  Neither payroll deductions credited to a
participant's account nor any rights with regard to the exercise of an option or
to receive shares under the Plan may be assigned, transferred, pledged or
otherwise disposed of in any way (other than by will, the laws of descent and
distribution or as provided in Section 15 hereof) by the participant. Any such
attempt at assignment, transfer, pledge or other disposition shall be without
effect, except that the Company may treat such act as an election to withdraw
funds from an Offering Period in accordance with Section 10 hereof.

     17.  Use of Funds.  All payroll deductions received or held by the Company
under the Plan may be used by the Company for any corporate purpose, and the
Company shall not be obligated to

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segregate such payroll deductions. Until shares are issued, participants shall
only have the rights of an unsecured creditor.

     18.  Reports.  Individual accounts shall be maintained for each participant
in the Plan. Statements of account shall be given to participating Eligible
Employees at least annually, which statements shall set forth the amounts of
payroll deductions, the Purchase Price, the number of shares purchased and the
remaining cash balance, if any.

     19.  Adjustments Upon Changes in Capitalization, Dissolution, Liquidation,
Merger or Change-in-Control.

          a).  Changes in Capitalization.  Subject to any required action by the
     stockholders of the Company, the maximum number of shares of the Company's
     Common Stock which shall be made available for sale under the Plan, the
     maximum number of shares each participant may purchase each Purchase Period
     (pursuant to Sections 3(b), and 7), as well as the price per share and the
     number of shares of Common Stock covered by each option under the Plan
     which has not yet been exercised shall be proportionately adjusted for any
     increase or decrease in the number of issued shares of Common Stock
     resulting from a stock split, reverse stock split, stock dividend,
     combination or reclassification of the Common Stock, or any other change in
     the number of shares of Common Stock effected without receipt of
     consideration by the Company; provided, however, that conversion of any
     convertible securities of the Company shall not be deemed to have been
     "effected without receipt of consideration." Such adjustment shall be made
     by the Administrator, whose determination in that respect shall be final,
     binding and conclusive. Except as expressly provided herein, no issuance by
     the Company of shares of stock of any class, or securities convertible into
     shares of stock of any class, shall affect, and no adjustment by reason
     thereof shall be made with respect to, the number or price of shares of
     Common Stock subject to an option.

          b).  Dissolution or Liquidation.  In the event of the proposed
     dissolution or liquidation of the Company, the Offering Period then in
     progress shall be shortened by setting a New Exercise Date (the "New
     Exercise Date"), and shall terminate immediately prior to the consummation
     of such proposed dissolution or liquidation, unless provided otherwise by
     the Administrator. The New Exercise Date shall be before the date of the
     Company's proposed dissolution or liquidation. The Administrator shall
     notify each participant in writing, at least 10 (ten) business days prior
     to the New Exercise Date, that the Exercise Date for the participant's
     option has been changed to the New Exercise Date and that the participant's
     option shall be exercised automatically on the New Exercise Date, unless
     prior to such date the participant has withdrawn from the Offering Period
     as provided in Section 10 hereof.

          c).  Merger or Change-of-Control.  In the event of a merger or
     Change-of-Control, each outstanding option shall be assumed or an
     equivalent option substituted by the successor corporation or a Parent or
     Subsidiary of the successor corporation. In the event that the successor
     corporation refuses to assume or substitute for the option, any Purchase
     Periods then in progress shall be shortened by setting a New Exercise Date
     and any Offering Periods then in progress shall end on the New Exercise
     Date. The New Exercise Date shall be before the date of the Company's
     proposed merger or Change-of-Control. The Administrator shall notify each
     participant in writing, at least 10 (ten) business days prior to the New
     Exercise Date, that the Exercise Date for the participant's option has been
     changed to the New Exercise Date and that the participant's option shall be
     exercised automatically on the New Exercise Date, unless prior to such date
     the participant has withdrawn from the Offering Period as provided in
     Section 10 hereof.

     20.  Amendment or Termination.

          a).  The Administrator may at any time and for any reason terminate or
     amend the Plan. Except as otherwise provided in the Plan, no such
     termination can affect options previously

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     granted, provided that an Offering Period may be terminated by the
     Administrator on any Exercise Date if the Administrator determines that the
     termination of the Offering Period or the Plan is in the best interests of
     the Company and its stockholders. Except as provided in Section 19 and this
     Section 20 hereof, no amendment may make any change in any option
     theretofore granted which adversely affects the rights of any participant.
     To the extent necessary to comply with Section 423 of the Code (or any
     successor rule or provision or any other applicable law, regulation or
     stock exchange rule), the Company shall obtain stockholder approval in such
     a manner and to such a degree as required.

          b).  Without stockholder consent and without regard to whether any
     participant rights may be considered to have been "adversely affected," the
     Administrator shall be entitled to change the Offering Periods, limit the
     frequency and/or number of changes in the amount withheld during an
     Offering Period, establish the exchange ratio applicable to amounts
     withheld in a currency other than U.S. dollars, permit payroll withholding
     in excess of the amount designated by a participant in order to adjust for
     delays or mistakes in the Company's processing of properly completed
     withholding elections, establish reasonable waiting and adjustment periods
     and/or accounting and crediting procedures to ensure that amounts applied
     toward the purchase of Common Stock for each participant properly
     correspond with amounts withheld from the participant's Compensation, and
     establish such other limitations or procedures as the Administrator
     determines in its sole discretion advisable which are consistent with the
     Plan.

          c).  In the event the Administrator determines that the ongoing
     operation of the Plan may result in unfavorable financial accounting
     consequences, the Board may, in its discretion and, to the extent necessary
     or desirable, modify or amend the Plan to reduce or eliminate such
     accounting consequence including, but not limited to:

             (i) increasing the Purchase Price for any Offering Period including
        an Offering Period underway at the time of the change in Purchase Price;

             (ii) shortening any Offering Period so that Offering Period ends on
        a new Exercise Date, including an Offering Period underway at the time
        of the Board action; and

             (iii) allocating shares.

          Such modifications or amendments shall not require stockholder
     approval or the consent of any Plan participants.

     21.  Notices.  All notices or other communications by a participant to the
Company under or in connection with the Plan shall be deemed to have been duly
given when received in the form and manner specified by the Company at the
location, or by the person, designated by the Company for the receipt thereof.

     22.  Conditions Upon Issuance of Shares.  Shares shall not be issued with
respect to an option unless the exercise of such option and the issuance and
delivery of such shares pursuant thereto shall comply with all applicable
provisions of law, domestic or foreign, including, without limitation, the
Securities Act of 1933, as amended, the Exchange Act, the rules and regulations
promulgated thereunder, and the requirements of any stock exchange upon which
the shares may then be listed, and shall be further subject to the approval of
counsel for the Company with respect to such compliance.

     As a condition to the exercise of an option, the Company may require the
person exercising such option to represent and warrant at the time of any such
exercise that the shares are being purchased only for investment and without any
present intention to sell or distribute such shares if, in the opinion of
counsel for the Company, such a representation is required by any of the
aforementioned applicable provisions of law.

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     23.  Term of Plan.  The Plan shall become effective upon the earlier to
occur of its adoption by the Board of Directors or its approval by the
stockholders of the Company. It shall continue in effect until terminated under
Section 20 hereof.

     24.  Automatic Transfer to Low Price Offering Period.  To the extent
permitted by any applicable laws, regulations, or stock exchange rules if the
Fair Market Value of the Common Stock on any Exercise Date in an Offering Period
is lower than the Fair Market Value of the Common Stock on the Offering Date of
such Offering Period, then all participants in such Offering Period shall be
automatically withdrawn from such Offering Period immediately after the exercise
of their option on such Exercise Date and automatically re-enrolled in the
immediately following Offering Period.

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                                                                       EXHIBIT 1

                                 HARMONIC INC.

                       2002 EMPLOYEE STOCK PURCHASE PLAN

                             SUBSCRIPTION AGREEMENT

____ Original Application
____ Change in Payroll Deduction Rate
____ Change of Beneficiary(ies)        Offering Date
                                                                      ----------

     1.
     ----------------------------- hereby elects to participate in the Harmonic,
Inc. 2002 Employee Stock Purchase Plan (the "Employee Stock Purchase Plan") and
subscribes to purchase shares of the Company's Common Stock in accordance with
this Subscription Agreement and the Employee Stock Purchase Plan.

     2.  I hereby authorize payroll deductions from each paycheck in the amount
of ___% of my Compensation on each payday (from 0% to 10%) during the Offering
Period in accordance with the Employee Stock Purchase Plan. (Please note that no
fractional percentages are permitted.)

     3.  I understand that said payroll deductions shall be accumulated for the
purchase of shares of Common Stock at the applicable Purchase Price determined
in accordance with the Employee Stock Purchase Plan. I understand that if I do
not withdraw from an Offering Period, any accumulated payroll deductions will be
used to automatically exercise my option.

     4.  I have received a copy of the complete Employee Stock Purchase Plan. I
understand that my participation in the Employee Stock Purchase Plan is in all
respects subject to the terms of the Plan. I understand that my ability to
exercise the option under this Subscription Agreement is subject to stockholder
approval of the Employee Stock Purchase Plan.

     5.  Shares purchased for me under the Employee Stock Purchase Plan should
be issued in the name(s) of (Eligible Employee or Eligible Employee and Spouse
only).

     6.  I understand that if I dispose of any shares received by me pursuant to
the Plan within 2 years after the Offering Date (the first day of the Offering
Period during which I purchased such shares) or one year after the Exercise
Date, I will be treated for federal income tax purposes as having received
ordinary income at the time of such disposition in an amount equal to the excess
of the fair market value of the shares at the time such shares were purchased by
me over the price which I paid for the shares. I hereby agree to notify the
Company in writing within 30 days after the date of any disposition of my shares
and I will make adequate provision for Federal, state or other tax withholding
obligations, if any, which arise upon the disposition of the Common Stock. The
Company may, but will not be obligated to, withhold from my compensation the
amount necessary to meet any applicable withholding obligation including any
withholding necessary to make available to the Company any tax deductions or
benefits attributable to sale or early disposition of Common Stock by me. If I
dispose of such shares at any time after the expiration of the 2-year and 1-year
holding periods, I understand that I will be treated for federal income tax
purposes as having received income only at the time of such disposition, and
that such income will be taxed as ordinary income only to the extent of an
amount equal to the lesser of (1) the excess of the fair market value of the
shares at the time of such disposition over the purchase price which I paid for
the shares, or (2) 15% of the fair market value of the shares on the first day
of the Offering Period. The remainder of the gain, if any, recognized on such
disposition will be taxed as capital gain.

     7.  I hereby agree to be bound by the terms of the Employee Stock Purchase
Plan. The effectiveness of this Subscription Agreement is dependent upon my
eligibility to participate in the Employee Stock Purchase Plan.

                                       B-10
<PAGE>

     8.  In the event of my death, I hereby designate the following as my
beneficiary(ies) to receive all payments and shares due me under the Employee
Stock Purchase Plan:

NAME: (Please print)
              ------------------------------------------------------------------
                    (First)             (Middle)             (Last)

<Table>
      <S>                                <C>
      ------------------------------     ------------------------------------------------
      Relationship

      ------------------------------     ------------------------------------------------
      Percentage Benefit                 (Address)
</Table>

NAME: (Please print)
              ------------------------------------------------------------------
                    (First)             (Middle)             (Last)

<Table>
      <S>                                <C>
      ------------------------------     ------------------------------------------------
      Relationship

      ------------------------------     ------------------------------------------------
      Percentage Benefit                 (Address)
</Table>

<Table>
<S>                                   <C>
Employee's Social Security Number:
                                      ------------------------------------------------

Employee's Address:
                                      ------------------------------------------------

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

                                      ------------------------------------------------
</Table>

I UNDERSTAND THAT THIS SUBSCRIPTION AGREEMENT SHALL REMAIN IN EFFECT THROUGHOUT
SUCCESSIVE OFFERING PERIODS UNLESS TERMINATED BY ME.

<Table>
<C>                                        <S>
                                 Dated:
         ------------------------------    -----------------------------------------------------------
                                           Signature of Employee

                                           -----------------------------------------------------------
                                           Spouse's Signature (If beneficiary other than spouse)
</Table>

                                       B-11
<PAGE>

                                                                       EXHIBIT 2

                                 HARMONIC INC.

                       2002 EMPLOYEE STOCK PURCHASE PLAN

                              NOTICE OF WITHDRAWAL

     The undersigned participant in the Offering Period of the Harmonic Inc.
2002 Employee Stock Purchase Plan which began on ____________, ____ (the
"Offering Date") hereby notifies the Company that he or she hereby withdraws
from the Offering Period. He or she hereby directs the Company to pay to the
undersigned as promptly as practicable all the payroll deductions credited to
his or her account with respect to such Offering Period. The undersigned
understands and agrees that his or her option for such Offering Period will be
automatically terminated. The undersigned understands further that no further
payroll deductions will be made for the purchase of shares in the current
Offering Period and the undersigned shall be eligible to participate in
succeeding Offering Periods only by delivering to the Company a new Subscription
Agreement. Name and Address of Participant:

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

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

                                          --------------------------------------
                                          Signature:

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

                                          Date:
                                          --------------------------------------

                                       B-12<PAGE>
                                                                 Exhibit 10.17.1

                                  DIENSTVERTRAG

                                    zwischen

                               POET Software GmbH
                          (im folgenden,,Gesellschaft"
    vertreten durch die Gesellschafterversammlung, diese vertreten durch alle
                                Gesellschafter)

                                       und

                                  Ludwig Lutter
                        Tegelkamp 11, 23843 Bad Oldesloe
                         im folgenden ,,Geschaftsfuhrer"

                                    Section 1

                                    TATIGKEIT

1.    Die Gesellschaft hat den Geschaftsfuhrer durch Gesellschafterbeschluss vom
      22.5.2002 zum Geschaftsfuhrer bestellt. Diese Bestellung schliesst die
      Bestellung weiterer Geschaftsfuhrer nicht aus.

2.    Der Geschaftsfuhrer hat die Geschafte der Gesellschaft mit der Sorgfalt
      eines ordentlichen Kaufmanns gewissenhaft zu fuhren und ihm die durch
      Gesetz, Satzung, Vertrag und gegebenenfalls allgemeine Richtlinien und
      Geschaftsordnung ubertragenen Obliegenheiten verantwortungsbewusst
      wahrzunehmen. Insbesondere hat er auch die Grundsatze des Businessplans
      der Gesellschaft zu beachten.

3.    Die Haupttatigkeit des Geschaftsfuhrers besteht in der verantwortlichen
      Fuhrung und Uberwachung der Gesellschaft insbesondere der Veranlassung,
      Abstimmung und Durchfuhrung aller Massnahmen.

4.    Bei Bestellung weiterer Geschaftsfuhrer konnen die Aufgaben der
      Geschaftsfuhrung durch die Gesellschafterversammlung festgelegt werden.
      Der Geschaftsfuhrer hat sich bei seiner Tatigkeit mit den ubrigen
      Geschaftsfuhrern kollegial abzustimmen.

                                    Section 2
                            GESELLSCHAFTERBESCHLUSSE

1.    Der Geschaftsfuhrer ist an Beschlusse der Gesellschafterversammlung
      gebunden.

2.    Die Gesellschafterversammlung kann insbesondere allgemeine Richtlinien im
      Hinblick auf die Fuhrung der Geschafte festlegen.

3.    Die Gesellschafterversammlung kann ferner eine verbindliche
      Geschaftsordnung erlassen, aus der sich die Abgrenzung der
      Tatigkeitsgebiete der Geschaftsfuhrer ergibt.

4.    Vorbehaltlich weitergehender Weisungen der Gesellschafterversammlung
      bedurfen die in der Anlage 1 aufgefuhrten Geschaftsfuhrungsmassnahmen der
      Zustimmung der Gesellschafterversammlung.

5.    Die Zustimmung kann, auch fur einzelne Gruppen von Geschaften, bereits im
      voraus erteilt werden. Die Aufnahme in das verabschiedete Jahresbudget
      gilt als Genehmigung, soweit bei seiner Verabschiedung diesbezuglich kein
      Vorbehalt gemacht wurde.

                                    Section 3
                                      DAUER

1.    Dieser Dienstvertrag beginnt am 1.4.2002 und ist auf unbestimmte Dauer
      abgeschlossen.

2.    Er endet spatestens mit Ablauf des Monats, in dem der Geschaftsfuhrer das
      60. Lebensjahr vollendet.

                                    Section 4
                              KUNDIGUNG/ABBERUFUNG

1.    Ordentliche Kundigung

      Beide Parteien konnen diesen Vertrag mit einer Frist von 6 (sechs) Monaten
      zum Ende eines jeden Kalendermonats kundigen.

      Die gesellschafterrechtliche Abberufung des Geschaftsfuhrers, die
      jederzeit erfolgen kann, ist im Zweifel als Kundigung dieses Vertrages zum
      nachstmoglichen Zeitpunkt auszulegen.

                                                                               1
<PAGE>
2.    Ausserordentliche Kundigung

      Die Kundigung dieses Vertrages aus wichtigem Grund bleibt unberuhrt. Ein
      wichtiger Grund fur die Gesellschaft liegt insbesondere vor, wenn der
      Geschaftsfuhrer gegen die Bestimmungen dieses Vertrages oder die ihm im
      Innenverhaltnis auferlegten Beschrankungen hinsichtlich der
      Geschaftsfuhrung verstosst.

3.    Freistellung

      In jedem Fall der Kundigung kann die Gesellschaft den Geschaftsfuhrer
      unabhangig von der Wirksamkeit der Kundigung und vorbehaltlich seiner
      sonstigen Rechte von seiner Tatigkeit fur die Gesellschaft freistellen.

4.    Die Kundigung des Vertrages bedarf der Schriftform.

                                    Section 5
                               VERTRETUNGSBEFUGNIS

1.    Der Geschaftsfuhrer vertritt die Gesellschaft (gegebenenfalls neben den
      ubrigen Geschaftsfuhrern) gerichtlich und aussergerichtlich nach Massgabe
      seiner Bestellung und der Satzung.

2.    Der Geschaftsfuhrer hat die ihm durch diesen Vertrag, die Satzung, das
      Gesetz, eine Weisung oder einen Beschluss der Gesellschafterversammlung
      auferlegten Beschrankungen zu beachten.

                                    Section 6
                                    VERGUTUNG

1.    Der Geschaftsfuhrer erhalt als Vergutung fur seine Tatigkeit ein fixes
      Jahresbruttogehalt in Hohe von 95.049,00 EURO zahlbar unter Einbehaltung
      der gesetzlichen Abzuge in 12 gleichen Raten jeweils am Ende eines jeden
      Kalendermonats. Zusatzlich zu dem vorstehenden Fixgehalt erhalt der
      Geschaftsfuhrer eine variable Vergutung, die im Anhang A festgelegt ist.

2.    Bei Beginn und Beendigung dieses Dienstvertrages wird die Vergutung pro
      rata temporis gezahlt.

3.    Eine Versorgungszusage besteht nicht.

4.    Durch die Vergutung entsprechend dieser Bestimmung ist die gesamte
      Tatigkeit des Geschaftsfuhrers, insbesondere gegebenenfalls auch eine
      solche fur Tochter-, Beteiligungs- oder andere Gesellschaften oder an
      Sonn- und Feiertagen abgegolten. Soweit der Geschaftsfuhrer fur derartige
      Tatigkeiten unmittelbar Vergutungen von den betreffenden Gesellschaften
      erhalt, werden diese auf die Vergutung nach diesem Vertrag angerechnet,
      sofern nicht ausdrucklich etwas anderes vereinbart wird.

                                    Section 7
                               SONSTIGE LEISTUNGEN

1.    Fur die Dauer dieses Vertrages wird dem Geschaftsfuhrer von der
      Gesellschaft ein Firmen-PKW der gehobenen Mittelklasse zur Verfugung
      gestellt, den dieser auch privat nutzen darf. Die Lohnsteuer auf den
      geldwerten Vorteil der privaten Nutzung ist vom Geschaftsfuhrer zu
      tragen.Section 12 gilt entsprechend.

2.    Die Gesellschaft wird den Geschaftsfuhrern in gewohnlicher und
      angemessener Hohe gegen Unfall versichern.

3.    Die Gesellschaft ist dem Geschaftsfuhrer-gegebenenfalls nach den internen
      Richtlinien der Gesellschaft-zum Ersatz notwendiger und angemessener
      Auslagen, einschliesslich Reise- und Bewirtungskosten, verpflichtet. Die
      Auslagen sind im Einzelfalls nach den steuerlichen Vorschriften zu
      belegen, sofern nicht nach den steuerlichen Vorschriften zulassige
      Pauschalbetrage abgerechnet werden.

                                    Section 8
                                     URLAUB

1.    Der Geschaftsfuhrer hat Anspruch auf einen jahrlichen Urlaub von 28
      Arbeitstagen.

2.    Der Zeitpunkt des Urlaubs ist gegebenenfalls mit den ubrigen
      Geschaftsfuhrern und der Gesellschafterversammlung unter Wahrung der
      Belange der Gesellschaft abzustimmen.

3.    Der Urlaubsanspruch verfallt spatestens am 31. Marz des folgenden Jahres.
      Ein Entschadigungsanspruch fur nicht beanspruchte Urlaubstage besteht
      nicht.

                                    Section 9
                      GEHALTSFORTZAHLUNG IM KRANKHEITSFALL

1.    Im Falle der Erkrankung oder sonstigen unverschuldeten Verhinderung wird
      die monatliche Vergutung (Section 6 Abs. 1) fur die Dauer von 6 Monaten
      fortgezahlt. Die Fortzahlung der Bezuge erfolgt langstens bis zur
      Beendigung des Dienstvertrages.

                                                                               2
<PAGE>
2.    Auf die Leistungen der Gesellschaft werden etwaige Leistungen Dritter,
      beispielsweise aufgrund von Haftpflichtanspruchen oder von
      Krankenversicherungen, soweit angerechnet, als durch diese und die
      Leistungen der Gesellschaft insgesamt die Nettobezuge uberschritten
      werden, die der Geschaftsfuhrer gemass Section 6 Abs. 1 bis 3 haben wurde,
      wenn er nicht arbeitsunfahig ware.

3.    Stirbt der Geschaftsfuhrer wahrend der Dauer des Dienstvertrages, so haben
      gegebenenfalls seine Witwe und seine ehelichen Kinder, soweit diese das
      25. Lebensjahr noch nicht vollendet haben und noch in der Berufsausbildung
      stehen, als Gesamtglaubiger Anspruch auf Fortzahlung der monatlichen
      Vergutung (Section 6 Abs. 1) fur den Sterbemonat und die 3 folgenden
      Monate. Absatz 2 gilt entsprechend.

                                   Section 10
                           PFLICHTEN, NEBENTATIGKEITEN

1.    Der Geschaftsfuhrer hat seine gesamte Arbeitskraft und deren Ergebnisse
      sowie alle Erfahrungen und Kenntnisse allein der Gesellschaft zur
      Verfugung zu stellen. Die Arbeitszeit richtet sich nach den anfallenden
      Aufgaben und betragt mindestens 40 Wochenstunden.

2.    Jede auf Erwerb gerichtete andere Beschaftigung bedarf der vorherigen
      schriftlichen Zustimmung durch die Gesellschafterversammlung. Der
      Geschaftsfuhrer verpflichtet sich, der Gesellschaft jede tatsachlich oder
      moglicherweise zustimmungsbedurftige Nebenbeschaftigung im voraus
      schriftlich anzuzeigen.

3.    Der schriftlichen Zustimmung der Gesellschafterversammlung bedarf auch die
      Ubernahme von Ehrenamtern, die einen nicht nur unwesentlichen
      Arbeitsaufwand verursachen, sowie von Mandanten in einem Aufsichtsrat,
      Verbandsgremium oder einer ahnlichen Institution. Dies gilt auch fur eine
      wissenschaftliche, schriftstellerische, beratende oder ahnliche Tatigkeit.

4.    Die Gesellschafterversammlung darf ihre Zustimmung zu einer angezeigten
      Nebentatigkeit nur versagen, oder, was jederzeit moglich ist, widerrufen,
      wenn die betreffende Nebentatigkeit als solche oder in Zusammenhang mit
      anderen Nebentatigkeiten eine Beeintrachtigung der Tatigkeit des
      Geschaftsfuhrers fur die Gesellschaft oder sonstiger Belange der
      Gesellschaft zu befurchten lasst.

5.    Der Geschaftsfuhrer ist verpflichtet, bei Beendigung des
      Dienstverhaltnisses-bzw. im Falle der vorzeitigen Freistellung zum
      Zeitpunkt der Freistellung-auf Beschlussder Gesellschafterversammlung alle
      Mandate niederzulegen, die er aufgrund seiner Tatigkeit oder im
      Zusammenhang mit seiner Tatigkeit bei der Gesellschaft ubernommen bzw.
      wahrgenommen hat.

                                   Section 11
                       GESCHAFTS- UND BETRIEBSGEHEIMNISSE

Der Geschaftsfuhrer verpflichtet sich zur uneingeschrankten Geheimhaltung aller
Geschafts- und Betriebsgeheimnisse. Die Geheimhaltungspflicht des
Geschaftsfuhrers gilt uber die Beendigung des Vertragsverhaltnisses hinaus.

                                   Section 12
                            HERAUSGABE VON UNTERLAGEN

Bei Beendigung dieses Dienstvertrages-bzw. im Falle der fruheren Freistellung im
Zeitpunkt der Freistellung-ist der Geschaftsfuhrer verpflichtet, alle
Unterlagen, Aufzeichnungen und sonstige Materialien, die mit seiner
Geschaftsfuhrertatigkeit im Zusammenhang stehen oder Angelegenheiten der
Gesellschaft betreffen, unverzuglich und unaufgefordert an die Gesellschaft
zuruckzugeben. Der Geschaftsfuhrer ist nicht berechtigt, an derartigen
Gegenstanden ein Zuruckbehaltungsrecht auszuuben.

                                   Section 13
                           ERFINDUNGEN, URHEBERRECHTE

1.    Der Geschaftsfuhrer wird der Gesellschaft vorab eine schriftliche
      Aufstellung aller gewerblichen Schutzrechte und Urheberrechte zur
      Verfugung stellen, die ihm gehoren oder an denen er eine
      Verfugungsberechtignung (insbesondere eine Lizenz) oder ein anderweitiges
      Interesse hat.

2.    Urheberrechte und gewerbliche Schutzrechte, insbesondere Rechte an
      Erfindungen oder technischen Verbesserungen, die der Geschaftsfuhrer
      wahrend seiner Tatigkeit fur die Gesellschaft oder im Zusammenhang mit
      seiner Tatigkeit fur die Gesellschaft oder aufgrund seiner Erfahrungen aus
      seiner Tatigkeit fur die Gesellschaft oder aufgrund von Arbeiten der
      Gesellschaft gemacht oder erarbeitet hat, stehen alleine der Gesellschaft
      zu. Der Geschaftsfuhrer tritt bereits jetzt alle entsprechenden Rechte an
      die Gesellschaft ab, die diese Abtretung annimmt. Die Gesellschaft ist
      diesbezuglich zu keiner zusatzlichen Vergutung verpflichtet. Das
      Arbeitnehmererfindergesetz findet mangels Arbeitnehmereigenschaft des
      Geschaftsfuhrers keine Anwendung.

                                                                               3
<PAGE>
3.    Dementsprechend ubertragt der Geschaftsfuhrer bereits jetzt die
      unentgeltliche ausschliessliche Nutzung etwa in seiner Person entstehender
      Urheberrechte an in Zusammenhang mit seiner Tatigkeit oder aufgrund seiner
      Erfahrungen aus seiner Tatigkeit fur die Gesellschaft oder aufgrund von
      Arbeiten der Gesellschaft geschaffenen Werken auf die Gesellschaft, die
      diese Ubertragung annimmt.

                                   Section 14
                               SCHLUSSBESTIMMUNGEN

1.    Die Parteien setzen einvernehmlich und ohne weitere Prufung durch die
      Gesellschaft die von dem Geschaftsfuhrer vorgelegten Bewerbungsunterlagen
      als richtig und vollstandig voraus. Dieser Vertrag enthalt alle Abreden
      der Parteien. Es bestehen, soweit diese nicht gesondert erwahnt sind,
      keine Nebenabreden.

2.    Vertragsanderungen bedurfen in jedem Fall der Schriftform, dies gilt auch
      fur vorstehenden Halbsatz.

3.    Sollten einzelne Bestimmungen dieses Vertrages unwirksam sein oder werden,
      so beruhrt dies die Wirksamkeit der ubrigen Bestimmungen nicht. Anstelle
      der unwirksamen Bestimmungen gilt diejenige Regelung als vereinbart, die
      dem mit der unwirksamen Bestimmung angestrebten wirtschaftlichen Zweck am
      nachsten kommt. Dasselbe gilt fur den Fall, dass der Vertrag Lucken
      enthalt..

4.    Erfullungsort und Gerichtsstand fur alle sich moglicherweise aus diesem
      Vertrag ergebenden Streitigkeiten ist, soweit zulassig, der Sitz der
      Gesellschaft.

5.    Alle Willenserklarungen des Geschaftsfuhrers, die diesen Vertrag
      betreffen, sind an die Gesellschafterversammlung zu richten. Alle in
      diesem Vertrag der Gesellschafterversammlung vorbehaltenen Rechte konnen
      gegebenenfalls durch einen Beirat wahrgenommen werden.

Hamburg, den

----------------------------------------
Ort, Datum, Poet Software GmbH

Hamburg, den

----------------------------------------
Ort, Datum, Ludwig Lutter

Zustimmung des Gesellschafters:

Hamburg, den

----------------------------------------
Dirk Bartels, President & CEO Poet Holdings, Inc.

                                                                               4
<PAGE>
ANLAGE 1: ZUSTIMMUNGSPFLICHTIGE GESCHAFTE:

-     Einforderung von Einzahlungen auf Stammeinlagen und Aufgeld

-     Zustimmung zur Teilung von Geschaftsanteilen

-     Bestellung und Abberufung von Prokuristen und Handlungsbevollmachtigten
      zum gesamten Geschaftsbetrieb

-     Einraumung und Beendigung jedweder Beteiligungen am Gewinn der
      Gesellschaft, insbesondere von stillen Beteiligungen, partiarischen
      Rechtsverhaltnissen und Tantiemen

-     Abschluss und Beendigung von Betriebspacht-, Betriebsfuhrungs- und
      Unternehmensvertragen und Vertragen, die eine wesentliche Einschrankung
      potentieller unternehmerischer Aktivitaten der Gesellschaft zur Folge
      haben konnen.

-     Verausserung des Gesellschaftsvermogens als Ganzes oder zu einem
      wesentlichen Teil

-     Grundung und Beendigung von Gesellschaften oder Unternehmen, Erwerb und
      Verausserung von Beteiligungen an anderen Unternehmen, Abschluss, Anderung
      und Beendigung von Gesellschaftsvertragen

-     Errichtung, Erwerb, Schliessung und Verausserung von Betrieben,
      Teilbetrieben oder Zweigniederlassungen

-     Erwerb, Verausserung oder Belastung von Grundstucken und
      grundstucksgleichen Rechten

-     Aufnahme von Krediten uber (im Einzelfall oder insgesamt) EURO 25.000

-     Investitionen uber (im Einzelfall oder insgesamt) EURO 25.000 sowie
      Investitionen, die zu einer Uberschreitung des Budgets um (im Einzelfall
      oder insgesamt) mehr als 10% fuhren

-     Veranlassung von Entwicklungsprojekten mit einem Volumen von uber (im
      Einzelfall oder insgesamt) 0,5% des Umsatzes jedoch mindestens EURO 13.000

-     Sicherheitsleistungen, Abgabe von Burgschaften und Garantien sowie
      Eingehung von Wechselverpflichtungen, die (im Einzelfall oder insgesamt)
      EURO 50.000 ubersteigen; ausgenommen ist die ubliche Gewahrleistung fur
      Produkte der Gesellschaft.

-     Einstellung und Kundigung von Mitarbeitern, wenn deren Vergutung das
      1,5-fache der jeweiligen Beitragsbemessungsgrenze in der
      Rentenversicherung ubersteigt

-     Zustimmung zu Nebentatigkeiten von Mitarbeitern, soweit sich die
      Zustimmungsbedurftigkeit aus dem betreffenden Anstellungsverhaltnis ergibt

-     Erteilung von Ruhegeld- oder Pensionszusagen; eventuelle Pensionszusagen
      fur Geschaftsfuhrer oder Gesellschafter werden mit ihren Kosten fur die
      Gesellschaft wie ein Teil des Gehalts betrachtet

-     Abschluss anderer Vertrage, durch die der Gesellschaft Aufwendungen oder
      Verpflichtungen von uber (im Einzelfall oder insgesamt) EURO 13.000
      entstehen, mit Ausnahme von Verausserungsgeschaften im Rahmen des ublichen
      Geschaftsverkehrs

-     interne Organisationsanderungen von wesentlicher Bedeutung

-     Beschlusse uber Gegenstande, die im Ergebnis einem der vorgenannten Punkte
      vergleichbar sind

-     alle sonstigen aussergewohnlichen Geschaftsfuhrungsmassnahmen

Der erforderlichen Zustimmung bedurfen die vorstehenden Massnahmen nicht,
soweit sie bereits in einem vorbehaltlos verabschiedeten Jahresbudget enthalten
sind.

                                                                               5

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