Document:

Amendment No. 4 to Loan and Security Agreement and Consent

 EXHIBIT 10.9 

AMENDMENT NO. 4 

TO  

LOAN AND SECURITY AGREEMENT 

THIS AMENDMENT NO. 4 TO LOAN AND SECURITY AGREEMENT (this “Amendment No. 4”), dated August 31, 2010, is by and among
Wells Fargo Bank, National Association, successor by merger to Wachovia Bank, National Association, a national banking association (“Lender”), Farmer Bros. Co., a Delaware corporation (as surviving corporation of the merger with FBC
Realty, LLC formerly known as SL Realty, LLC, a Delaware limited liability company, “Farmer”) and Coffee Bean International, Inc., an Oregon corporation (“CBI” and together with Farmer, each individually a “Borrower”
and collectively, “Borrowers”), Coffee Bean Holding Co., Inc., a Delaware corporation (“Coffee Holding”), FBC Finance Company, a California corporation (“Finance” and together with Coffee Holding, each individually a
“Guarantor” and collectively, “Guarantors”). 
 W I T N E S
S E T H : 
 WHEREAS, Lender, Borrowers and Guarantors have entered into financing
arrangements pursuant to which Lender has made, and may make, loans and advances and provide other financial accommodations to Borrowers as set forth in the Loan and Security Agreement, dated as of March 2, 2009, by and among Lender, Borrowers
and Guarantors, the “Loan Agreement”, as amended by Amendment No. 1 to Loan and Security Agreement, dated as of March 2, 2009, by and among Lender, Borrowers and Guarantors, Amendment No. 2 to Loan and Security Agreement and
Consent, dated as of July 27, 2009, by and among Lender, Borrowers and Guarantors and Amendment No. 3 to Loan and Security Agreement and Waiver, dated as of November 20, 2009, by and among Lender, Borrowers and Guarantors (as the same
now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, the “Loan Agreement”, and together with all agreements, documents and instruments at any time executed and/or delivered in connection
therewith or related thereto, as from time to time amended, modified, supplemented, extended, renewed, restated, or replaced, collectively, the “Financing Agreements”); 

WHEREAS, Borrowers and Guarantors have requested that Lender agree to make certain amendments to the Loan Agreement, and Lender is
willing to agree, subject to the terms and conditions set forth herein, to make such amendments, as more specifically set forth herein; and 

WHEREAS, by this Amendment No. 4, Lender, Borrowers and Guarantors desire and intend to evidence such amendments; 

 NOW THEREFORE, in consideration of the foregoing and the mutual agreements and covenants
contained herein, the parties hereto agree as follows: 
 1. Definitions. 

(a) Additional Definitions. As used herein, the following terms shall have the meanings given to them below and the
Loan Agreement and the other Financing Agreements are hereby amended to include, in addition and not in limitation, the following definitions: 

(i) “Amendment No. 4” shall mean Amendment No. 4 to Loan and Security Agreement, dated August 31,
2010, by and among Lender, Borrowers and Guarantors, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced. 

(ii) “Amendment No. 4 Effective Date” shall mean March 31, 2010. 

(iii) “Special Availability Reserve” shall mean the amount equal to $5,000,000. 

(iv) “Total Liquidity” shall mean the sum of (i) the aggregate dollar value of the Preferred Stock
Portfolio, plus (ii) the aggregate amount of cash and Cash Equivalents in the Cash Investment Accounts, plus (iii) the aggregate dollar value of such other investments acceptable to Lender in its discretion, plus
(iv) Excess Availability. 
 (b) Amendments to Definitions. 

(i) From and after September 1, 2010, the definition of “Adjusted Eurodollar Rate” in Section 1.4 of
the Loan Agreement is hereby amended by deleting the reference to “one and one quarter (1.25%) percent per annum” and replacing it with “one (1.00%) percent per annum”. 

(ii) From and after September 1, 2010, all references to the term “Applicable Margin” in any of the
Financing Agreements shall be deemed and each such reference is hereby amended to mean, with respect to Prime Rate Loans and Eurodollar Rate Loans, subject to the provisions below, the applicable percentage (on a per annum basis) set forth below if
the Monthly Average Excess Availability for the immediately preceding calendar month is at or within the amounts indicated for such percentage as of the last day of the immediately preceding calendar month: 

 

									
	 Tier
	  	 Monthly Average Excess

Availability
	  	Applicable Margin
with respect to
Eurodollar Rate Loans	 	 	Applicable Margin
with respect to
Prime Rate Loans	 
	1	  	Greater than $20,000,000	  	2.50	% 	 	.25	% 
	2	  	Less than or equal to $20,000,000 and greater than $12,500,000	  	2.75	% 	 	.50	% 
	3	  	Less than or equal to $12,500,000	  	3.00	% 	 	.75	% 

  

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 provided, that, (i) the Applicable Margin shall be
calculated and established once each calendar month (commencing with the month beginning September 1, 2010) based on the Monthly Average Excess Availability and shall remain in effect until adjusted thereafter after the end of the next calendar
month, (ii) each adjustment of the Applicable Margin shall be effective as of the first day of each such calendar month based on the Monthly Average Excess Availability for the immediately preceding calendar month, and (iii) in the event
that Borrowers fail to provide any Borrowing Base Certificate or other information with respect thereto for any period on the date required hereunder, effective as of the date on which such Borrowing Base Certificate or other information was
otherwise required, at Lender’s option, the Applicable Margin shall be based on the highest rate above until the next Business Day after the Borrowing Base Certificate or other information is provided for the applicable period at which time the
Applicable Margin shall be adjusted as otherwise provided herein. In the event that at any time after the end of any calendar month the Monthly Average Excess Availability for such calendar month used for the determination of the Applicable Margin
was greater than the actual amount of the Monthly Average Excess Availability for such calendar month as a result of the inaccuracy of information provided by or on behalf of Borrowers to Lender for the calculation of Excess Availability, the
Applicable Margin for such prior period shall be adjusted to the applicable percentage based on such actual Monthly Average Excess Availability and any additional interest for the applicable period as a result of such recalculation shall be promptly
paid to Lender. The foregoing shall not be construed to limit the rights of Lender with respect to the amount of interest payable after a Default or Event of Default whether based on such recalculated percentage or otherwise. 

(iii) The definition of “Excess Availability” in Section 1.53 of the Loan Agreement is hereby amended by
deleting such definition in its entirety and replacing it with the following: 
 “‘Excess Availability’ shall
mean the amount, as determined by Lender, calculated at any date of determination in accordance with the terms hereof, equal to: (a) the lesser of: (i) the Borrowing Base and (ii) the Maximum Credit (in each case under (i) or
(ii) after giving effect to any Reserves other than (A) any Reserves in respect of Letter of Credit Obligations and (B) the Special Availability Reserve; provided, that, if (1) the Borrowing Base (without taking
into consideration the Special Availability Reserve) is less than or equal to $50,000,000, then Excess Availability will be calculated under (i) and (ii) after giving effect to the Special Availability Reserve and (2) the Borrowing
Base (without taking into consideration the Special Availability Reserve) is greater than $50,000,000 and less than or equal to $55,000,000, then Excess Availability will be calculated under (i) after giving effect to the Special Availability
Reserve and under (ii) after giving effect to a portion of the Special Availability Reserve equal to the amount by which $55,000,000 exceeds the Borrowing Base (without taking into consideration the Special Availability Reserve)), minus
(b) the sum of: (i) the amount of all then outstanding and unpaid Obligations (but not including for this purpose Obligations of a Borrower arising pursuant to any 

 

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guarantees in favor of Lender of the Obligations of the other Borrowers or any outstanding Letter of Credit Obligations), plus (ii) the amount of all Reserves then established in
respect of Letter of Credit Obligations, plus (iii) the aggregate amount of all then outstanding and unpaid trade payables and other obligations of such Borrower which are outstanding more than thirty (30) days past due as of the
end of the immediately preceding month (other than trade payables or other obligations being contested or disputed by such Borrower in good faith), plus (iv) without duplication, the amount of checks issued by such Borrower to pay trade
payables and other obligations which are more than thirty (30) days past due as of the end of the immediately preceding month (other than trade payables or other obligations being contested or disputed by such Borrower in good faith), but not
yet sent.” 
 (iv) The definition of “Lender” in Section 1.77 of the Loan Agreement is hereby
amended by deleting such definition in its entirety and replacing it with the following: 
 “‘Lender’ shall mean
Wells Fargo Bank, National Association, successor by merger to Wachovia Bank, National Association, a national banking association, and its successors and assigns.” 

(v) The definition of “Reserves” in Section 1.114 of the Loan Agreement is hereby amended by deleting the
period at the end of the first sentence of such definition and replacing it with “or (e) to reflect the Special Availability Reserve.” 

(vi) All references to “Wachovia Bank, National Association” contained in the Loan Agreement are hereby deleted
and each such reference is replaced with “Wells Fargo Bank, National Association”. 
 (c)
Interpretation. All capitalized terms used herein shall have the meanings assigned thereto in the Loan Agreement, unless otherwise defined herein. All references to the plural herein shall also mean the singular and all references to the
singular herein shall also mean the plural, in each case unless otherwise required by the context of the use thereof. 
 2.
Collateral Reporting. Section 7.1(a)(i) of the Loan Agreement is hereby amended by deleting the reference to “$20,000,000” and replacing it with “$10,000,000”. 

3. Dividends. Section 9.11(e) of the Loan Agreement is hereby amended by deleting clause (ii) thereof in its entirety
and replacing it with the following: 
 “(ii) immediately after giving effect to any such payment or distribution, Excess
Availability shall be not less than $7,500,000 and Total Liquidity shall be not less than $35,000,000,”. 
  

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 4. Financial Covenants. Section 9.18 of the Loan Agreement is hereby amended by
deleting such Section in its entirety and replacing it with the following: 
 “9.18 Minimum Excess Availability; Minimum
Total Liquidity. Borrowers shall at all times maintain (a) Excess Availability of not less than $7,500,000 and (b) Total Liquidity of not less than $35,000,000.” 

5. Notices. Section 12.3(a) of the Loan Agreement is hereby amended by deleting the notice information for Lender and
replacing it with the following: 
  

			
	 If to Lender:
	  	 Wells Fargo Bank, National Association

successor by merger to Wachovia Bank,
 National
Association
 2450 Colorado Avenue, Suite 3000 West

Santa Monica, CA 90404
 Attention: Dennis A. King

 Telephone: (310) 453-7220
 Telecopy
No.: (866) 615-7803

 6. Amendment Fee. In consideration of this Amendment No. 4, Borrowers shall
on the date hereof, pay to Lender, or Lender, at its option, may charge the account of Borrowers maintained by Lender, an amendment fee in the amount of $25,000, which fee is fully earned and payable as of the date hereof and shall constitute part
of the Obligations. 
 7. Additional Representations, Warranties and Covenants. Borrowers and Guarantors represent,
warrant and covenant with and to Lender as follows, which representations, warranties and covenants, together with the representations, warranties and covenants in the other Financing Agreements, are continuing and shall survive the execution and
delivery hereof, and the truth and accuracy of, or compliance with each, being a continuing condition of the making of Loans by Lender to Borrowers: 

(a) No action of, or filing with, or consent of any Governmental Authority, and no approval or consent of any other
Person, is or will be required to authorize, or is or will be otherwise required in connection with, the execution, delivery and performance by Borrowers and Guarantors of this Amendment No. 4. 

(b) This Amendment No. 4 and each other agreement, document or instrument to be executed and delivered by any
Borrower or Guarantor in connection therewith or herewith has been duly authorized, executed and delivered by all necessary action on the part of such Borrower or Guarantor, and Amendment No. 4 and each other agreement, document or instrument
to be executed and delivered by Borrowers and Guarantors in connection therewith or herewith is in full force and effect as of the date of Amendment No. 4 and the agreements and obligations of Borrowers and Guarantors contained herein and
therein constitute legal, valid and binding obligations of Borrowers and Guarantors enforceable against Borrowers and Guarantors in accordance with their respective terms. 
  

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 (c) Neither the execution and delivery of this Amendment No. 4 or the
documents, agreements or instruments executed or delivered in connection therewith or related thereto, nor the consummation of the transactions herein or therein contemplated, nor compliance with the provisions hereof or thereof is in contravention
of any law or regulation or any order or decree of any court or Governmental Authority applicable to Borrowers and Guarantors in any respect, or conflicts with or result in the breach of, or constitutes a default in any respect under any mortgage,
deed of trust, security agreement, agreement or instrument to which any Borrower or Guarantor is a party or may be bound, or violates any provision of the formation or other organizational documents of any Borrower or Guarantor. 

(d) No Event of Default or act, condition or event which with notice or passage of time or both would constitute an Event
of Default exists or has occurred and is continuing on the date of Amendment No. 4. 
 8. Conditions Precedent. The
amendments contained herein shall be effective as of the Amendment No. 4 Effective Date, subject to the receipt by Lender of each of the following, in form and substance satisfactory to Lender: 

(a) an original of this Amendment No. 4, duly authorized, executed and delivered by the parties hereto; and

 (b) a true and correct copy of any consent, waiver or approval to or of this Amendment No. 4, which any
Borrower or Guarantor is required to obtain from any other Person. 
 9. Effect of this Amendment. Except as expressly
set forth herein, no other amendments, consents, changes or modifications to the Financing Agreements are intended or implied, and in all other respects the Financing Agreements are hereby specifically ratified, restated and confirmed by all parties
hereto as of the effective date of this Amendment No. 4 and Borrowers and Guarantors shall not be entitled to any other or further amendment or waiver by virtue of the provisions of this Amendment No. 4 or with respect to the subject
matter of this Amendment No. 4. To the extent of conflict between the terms of this Amendment No. 4 and the other Financing Agreements, the terms of this Amendment No. 4 shall control. The Loan Agreement and this Amendment No. 4
shall be read and construed as one agreement. 
 10. Further Assurances. The parties hereto shall execute and deliver
such additional documents and take such additional action as may be necessary or desirable to effectuate the provisions and purposes of this Amendment No. 4. 

11. Governing Law. The validity, interpretation and enforcement of this Amendment No. 4 and the other Financing Agreements
and any dispute arising out of the relationship between the parties hereto whether in contract, tort, equity or otherwise, shall be governed by the internal laws of the State of California but excluding any principles of conflict of laws or other
rule of law that would cause the application of the law of any jurisdiction other than the laws of the State of California. 
  

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 12. Waiver, Modification, Etc. No provision or term hereof may be modified, altered,
waived, discharged or terminated orally, but only by an instrument in writing executed by the party against whom such modification, alteration, waiver, discharge or termination is sought to be enforced. 

13. Entire Agreement. This Amendment No. 4 represents the entire agreement and understanding concerning the subject matter
hereof among the parties hereto, and supersedes all other prior agreements, understandings, negotiations and discussions, representations, warranties, commitments, proposals, offers and contracts concerning the subject matter hereof, whether oral or
written. 
 14. Binding Effect. This Amendment No. 4 shall be binding upon and inure to the benefit of each of the
parties hereto and their respective successors and assigns. 
 15. Severability. Any provision of this Agreement held by
a court of competent jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of this Agreement and the effect thereof shall be confirmed to the provision so held to be invalid or unenforceable. 

16. Headings. The headings listed herein are for convenience only and do not constitute matters to be construed in interpreting
this Amendment No. 4. 
 17. Counterparts. This Amendment No. 4 may be executed in any number of counterparts,
each of which shall be an original, but all of which taken together shall constitute one and-the same agreement. Delivery of an executed counterpart of this Amendment No. 4 by telefacsimile or other electronic method of transmission shall have
the same force and effect as the delivery of an original executed counterpart of this Amendment No. 4. Any party delivering an executed counterpart of this Amendment No. 4 by telefacsimile or other electronic method of transmission shall
also deliver an original executed counterpart of this Amendment No. 4, but the failure to do so shall not affect the validity, enforceability or binding effect of such agreement. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 4 to be duly
executed and delivered by their authorized officers as of the day and year first above written. 
  

									
	LENDER	 		 	BORROWERS
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, successor by merger to Wachovia Bank, National Association	 		 	FARMER BROS. CO.
					
	By:	 	/s/    DENNIS KING	 		 	By:	 	/s/    ROGER M. LAVERTY III
	Name:	 	Dennis King	 		 	Name:	 	Roger M. Laverty III
	Title:	 	Vice President	 		 	Title:	 	President and Chief Executive Officer
				
		 		 		 	 COFFEE BEAN INTERNATIONAL, INC.

					
		 		 		 	By:	 	/s/    ROGER M. LAVERTY III
		 		 		 	Name:	 	Roger M. Laverty III
		 		 		 	Title:	 	Chairman of the Board
				
	 GUARANTORS
	 		 		 	
				
	 COFFEE BEAN HOLDING CO., INC.
	 		 		 	
					
	By:	 	/s/    ROGER M. LAVERTY III	 		 		 	
	Name:	 	Roger M. Laverty III	 		 		 	
	Title:	 	Chairman of the Board	 		 		 	
				
	FBC FINANCE COMPANY	 		 		 	
					
	By:	 	/s/    ROGER M. LAVERTY III	 		 		 	
	Name:	 	Roger M. Laverty III	 		 		 	
	Title:	 	PresidentForm of CEO Amended and Restated Change of Control Severance Agreement

 Exhibit 10.1 

INFINERA CORPORATION 

AMENDED AND RESTATED CHANGE OF CONTROL SEVERANCE AGREEMENT 

This Amended and Restated Change of Control Severance Agreement (the “Agreement”) is made and entered into by and between
[NAME] (“Executive”) and Infinera Corporation (the “Company”), effective as of [DATE] (the “Effective Date”). 

RECITALS 

1. It is expected that the Company from time to time will consider the possibility of an acquisition by another company or other change
of control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to Executive and can cause Executive to consider alternative employment opportunities. The Board has determined that it
is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of Executive, notwithstanding the possibility, threat or occurrence of a Change of Control (as defined herein)
of the Company. 
 2. The Board believes that it is in the best interests of the Company and its stockholders to provide
Executive with an incentive to continue his or her employment and to motivate Executive to maximize the value of the Company upon a Change of Control for the benefit of its stockholders. 

3. The Board believes that it is imperative to provide Executive with certain benefits upon Executive’s termination of employment
following a Change of Control. These benefits will provide Executive with enhanced financial security and incentive and encouragement to remain with the Company notwithstanding the possibility of a Change of Control. 

4. This Agreement amends and restates the Change of Control Severance Agreement dated [DATE(S)] between the Company and Executive.

 5. Certain capitalized terms used in the Agreement are defined in Section 6 below. 

AGREEMENT 

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 

1. Term of Agreement. This Agreement will terminate upon the date that all of the obligations of the parties hereto with respect
to this Agreement have been satisfied. 
 2. At-Will Employment. The Company and Executive acknowledge that
Executive’s employment is and will continue to be at-will, as defined under applicable law, except as may otherwise be specifically provided under the terms of any written formal employment agreement between the Company and Executive (an
“Employment Agreement”). If Executive’s employment terminates for any reason, including (without limitation) any termination prior to a 

 
Change of Control, Executive will not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement or under his or her Employment Agreement.

 3. Severance Benefits. 

(a) Involuntary Termination Following a Change of Control. If (i) within twelve (12) months following a Change of
Control, (A) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment without Cause, or (B) Executive resigns his or her employment as a result of a Constructive Termination, and (ii) Executive
signs and does not revoke a standard release of claims with the Company in a form acceptable to the Company, then Executive will receive the following severance from the Company: 

(i) Severance Payment. Executive will receive a lump sum severance payment (less applicable withholding taxes) equal to two
(2) times the Executive’s base salary (as in effect immediately prior to (A) the Change of Control, or (B) Executive’s termination, whichever is greater). 

(ii) Equity Awards. One hundred percent (100%) all equity awards granted to Executive that are outstanding as of the date of
Executive’s termination (the “Equity Awards”) will immediately vest and, if applicable, become exercisable. The Equity Awards will, to the extent applicable, remain exercisable following Executive’s termination for the period
prescribed in the related award agreements. 
 (iii) Continued Employee Benefits. If Executive elects continuation
coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) for Executive and Executive’s eligible dependents, within the time period prescribed pursuant to COBRA, the Company will reimburse
Executive for the COBRA premiums for such coverage (at the coverage levels in effect immediately prior to Executive’s termination) until the earlier of (A) a period of twenty-four (24) months from the last date of employment of
Executive with the Company, or (B) the date upon which Executive and/or Executive’s eligible dependents becomes covered under similar plans. COBRA reimbursements will be made by the Company to Executive consistent with the Company’s
normal expense reimbursement policy. 
 (b) Timing of Severance Payments. Subject to Section 3(f), the Company will
pay the severance payment to which Executive is entitled pursuant to Section 3(a)(i) as a lump sum no later than March 15 of the calendar year following the year in which Executive’s employment terminates. If Executive should die
before the severance amount has been paid, such unpaid amount will be paid to Executive’s designated beneficiary, if living, or otherwise to the personal representative of Executive’s estate. 

(c) Voluntary Resignation; Termination For Cause. If Executive’s employment with the Company terminates (i) voluntarily
by Executive (other than as a result of a Constructive Termination) or (ii) for Cause by the Company (or any parent or subsidiary of the Company), then Executive will not be entitled to receive severance or other benefits except for those (if
any) as may then be established under the Company’s then existing severance and 
  

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Infinera – CEO Change of Control Agreement 

 
benefits plans and practices or pursuant to other written agreements with the Company, including, without limitation, any Employment Agreement. 

(d) Disability; Death. If the Company terminates Executive’s employment as a result of Executive’s Disability, or
Executive’s employment terminates due to his or her death, then Executive will not be entitled to receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing written severance
and benefits plans and practices or pursuant to other written agreements with the Company, including, without limitation, any Employment Agreement. 

(e) Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or any parent or subsidiary
of the Company), the provisions of this Section 3 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or
under this Agreement. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 3. 

(f) Section 409A. 

(i) Notwithstanding anything to the contrary in this Agreement, if Executive is a “specified employee” within the meaning of
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the final regulations and any guidance promulgated thereunder (“Section 409A”) at the time of Executive’s termination (other than due to
death), then the severance payable to Executive, if any, pursuant to this Agreement, when considered together with any other severance payments or separation benefits that are considered deferred compensation under Section 409A (together, the
“Deferred Compensation Separation Benefits”) that are payable within the first six (6) months following Executive’s termination of employment, will become payable on the first payroll date that occurs on or after the date six
(6) months and one (1) day following the date of Executive’s termination of employment. All subsequent Deferred Compensation Separation Benefits, if any, will be payable in accordance with the payment schedule applicable to each
payment or benefit. Notwithstanding anything herein to the contrary, if Executive dies following his or her termination but prior to the six (6) month anniversary of his or her termination, then any payments delayed in accordance with this
paragraph will be payable in a lump sum as soon as administratively practicable after the date of Executive’s death and all other Deferred Compensation Separation Benefits will be payable in accordance with the payment schedule applicable to
each payment or benefit. Each payment and benefit payable under this Agreement is intended to constitute separate payments for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. 

(ii) Any amount paid under this Agreement that satisfies the requirements of the “short-term deferral” rule set forth in
Section 1.409A-1(b)(4) of the Treasury Regulations shall not constitute Deferred Compensation Separation Benefits for purposes of clause (i) above. 

(iii) Amount paid under this Agreement that qualifies as a payment made as a result of an involuntary separation from service pursuant
to Section 1.409A-1(b)(9)(iii) 
  

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Infinera – CEO Change of Control Agreement 

 
of the Treasury Regulations that do not exceed the Section 409A Limit shall not constitute Deferred Compensation Separation Benefits for purposes of clause (i) above. 

(iv) The foregoing provisions are intended to comply with the requirements of Section 409A so that none of the severance payments
and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply. The Company and Executive agree to work together in good faith to consider
amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive under Section 409A. 

4. Limitation on Payments. In the event that the severance and other benefits provided for in this Agreement or otherwise payable
to Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 4, would be subject to the excise tax imposed by Section 4999 of the Code, then
Executive’s severance benefits under Section 3(a) will be either: 
 (a) delivered in full, or 

(b) delivered as to such lesser extent which would result in no portion of such severance benefits being subject to excise tax under
Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999, results in the receipt by Executive on an after-tax basis,
of the greatest amount of severance benefits, notwithstanding that all or some portion of such severance benefits may be taxable under Section 4999 of the Code. Unless the Company and Executive otherwise agree in writing, any determination
required under this Section 4 will be made in writing by the Company’s independent public accountants immediately prior to Change of Control (the “Accountants”), whose determination will be conclusive and binding upon Executive
and the Company for all purposes. For purposes of making the calculations required by this Section 4, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith
interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and Executive will furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination
under this Section 4. The Company will bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section 4. 

5. Definition of Terms. The following terms referred to in this Agreement will have the following meanings: 

(a) Cause. “Cause” is defined as: (i) Executive’s willful failure to substantially perform his or her duties
and responsibilities to the Company or deliberate violation of a Company policy; (ii) Executive’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct that has caused or is reasonably expected to result
in material injury to the Company; (iii) unauthorized use or disclosure by Executive of any proprietary information or trade secrets of the Company or any other party to whom Executive owes an obligation of nondisclosure as a result of his or
her relationship with the Company; or (iv)
  

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Infinera – CEO Change of Control Agreement 

 
Executive’s willful breach of any of his or her obligations under any written agreement or covenant with the Company. The determination as to whether Executive is being terminated for Cause
will be made in good faith by the Company and will be final and binding on Executive. 
 (b) Change of Control.
“Change of Control” of the Company is defined as: 
 (i) any “person” (as such term is used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) becomes the “beneficial owner” (as defined in Rule 13d-3 under said 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; 
 (ii) the consummation
of the sale or disposition by the Company of all or substantially all of the Company’s assets; 
 (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; or 
 (iv) a change in the composition of the Board
occurring within a two (2) year period, as a result of which less than a majority of the directors are Incumbent Directors. “Incumbent Directors” means directors who either (A) are directors of the Company 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 the directors of the Company at the time of such election or nomination (but will not include an individual whose election or
nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company). 

(c) Constructive Termination. “Constructive Termination” will mean Executive’s resignation as a result of, and
within three (3) months following the expiration of any Company cure period (discussed below) following the occurrence of one or more of the following: (i) a material reduction in Executive’s job, duties or responsibilities in a
manner that is substantially inconsistent with the position, duties or responsibilities held by Executive immediately before such reduction, (ii) a material reduction in Executive’s base salary (in other words, a reduction of more than
five percent of Executive’s base salary within the twelve-month period following a Change of Control), or (iii) a material change in the work location at which Executive is required to perform services for the Company (in other words, a
requirement that Executive relocate to a work location that is more than 50 miles from Executive’s work location in effect as of the date immediately prior to a Change in Control). Executive will not resign as the result of a Constructive
Termination without first providing the Company with written notice of the acts or omissions constituting the grounds for “Constructive Termination” within ninety (90) days of the initial existence of the grounds for
“Constructive Termination” and a cure period of thirty (30) days following the date of such notice. 
  

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Infinera – CEO Change of Control Agreement 

 (d) Disability. “Disability” will mean that Executive has been unable to
perform his or her Company duties as the result of his or her incapacity due to physical or mental illness, and such inability, at least twenty-six (26) weeks after its commencement, is determined to be total and permanent by a physician
selected by the Company or its insurers and acceptable to Executive or Executive’s legal representative (such Agreement as to acceptability not to be unreasonably withheld). Termination resulting from Disability may only be effected after at
least thirty (30) days’ written notice by the Company of its intention to terminate Executive’s employment. In the event that Executive resumes the performance of substantially all of his or her duties hereunder before the termination
of his or her employment becomes effective, the notice of intent to terminate will automatically be deemed to have been revoked. 

(e) Section 409A Limit. “Section 409A Limit” will mean the lesser of two (2) times: (i) Executive’s
annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation
1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in
which Executive’s employment is terminated. 
 6. Successors. 

(a) The Company’s Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger,
consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets will assume the obligations under this Agreement and will agree expressly to perform the obligations under this Agreement in the same
manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” will include any successor to the Company’s business
and/or assets which executes and delivers the assumption agreement described in this Section 6(a) or which becomes bound by the terms of this Agreement by operation of law. 

(b) Executive’s Successors. The terms of this Agreement and all rights of Executive hereunder will inure to the benefit of,
and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 

7. Notice. 

(a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been
duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices will be addressed to him or her at the home address which he or she most
recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the attention of its President. 

 

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Infinera – CEO Change of Control Agreement 

 (b) Notice of Termination. Any termination by the Company for Cause or as a result of
a voluntary resignation will be communicated by a notice of termination to the other party hereto given in accordance with Section 7(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied
upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date (which will be not more than thirty (30) days after the
giving of such notice). Without limiting the foregoing, Executive shall be required to provide thirty (30) days’ notice prior to the termination of his employment for any reason. 

8. Arbitration. 

(a) Any dispute or controversy arising out of, relating to, or in connection with this Agreement, or the interpretation, validity,
construction, performance, breach, or termination thereof, will be settled by binding arbitration to be conducted by the Judicial Arbitration and Mediation Services (“JAMS”) in Santa Clara, California, in accordance with the Employment
Arbitration Rules and Procedures of JAMS (the “Rules”). The arbitrator may grant injunctions or other relief in such dispute or controversy. The decision of the arbitrator will be final, conclusive and binding on the parties to the
arbitration. Judgment may be entered on the arbitrator’s decision in any court having jurisdiction. 
 (b) The
arbitrator(s) will apply California law to the merits of any dispute or claim, without reference to conflicts of law rules. The arbitration proceedings will be governed by federal arbitration law and by the Rules, without reference to state
arbitration law. Executive hereby consents to the personal jurisdiction of the state and federal courts located in California for any action or proceeding arising from or relating to this Agreement or relating to any arbitration in which the parties
are participants. 
 (c) Executive understands that nothing in this Section 8 modifies Executive’s at-will employment
status. Either Executive or the Company can terminate the employment relationship at any time, with or without Cause. 
 (d)
EXECUTIVE HAS READ AND UNDERSTANDS THIS SECTION 8, WHICH DISCUSSES ARBITRATION. EXECUTIVE UNDERSTANDS THAT SUBMITTING ANY CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION, VALIDITY, CONSTRUCTION,
PERFORMANCE, BREACH OR TERMINATION THEREOF TO BINDING ARBITRATION, CONSTITUTES A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL ASPECTS OF THE EMPLOYER/EXECUTIVE RELATIONSHIP, INCLUDING
BUT NOT LIMITED TO, THE FOLLOWING CLAIMS: 
 (i) ANY AND ALL CLAIMS FOR WRONGFUL DISCHARGE OF EMPLOYMENT; BREACH OF CONTRACT,
BOTH EXPRESS AND IMPLIED; BREACH OF THE COVENANT OF GOOD FAITH AND FAIR DEALING, BOTH EXPRESS AND IMPLIED; NEGLIGENT OR INTENTIONAL INFLICTION OF EMOTIONAL DISTRESS; NEGLIGENT OR INTENTIONAL MISREPRESENTATION; NEGLIGENT OR

  

 7 

Infinera – CEO Change of Control Agreement 

 
INTENTIONAL INTERFERENCE WITH CONTRACT OR PROSPECTIVE ECONOMIC ADVANTAGE; AND DEFAMATION. 

(ii) 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, THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, THE AMERICANS WITH DISABILITIES ACT OF 1990, THE FAIR LABOR STANDARDS ACT, THE CALIFORNIA FAIR EMPLOYMENT AND HOUSING ACT, AND LABOR CODE SECTION
201, et seq; 
 (iii) ANY AND ALL CLAIMS ARISING OUT OF ANY OTHER LAWS AND REGULATIONS RELATING TO EMPLOYMENT OR EMPLOYMENT
DISCRIMINATION. 
 9. Miscellaneous Provisions. 

(a) No Duty to Mitigate. Executive will not be required to mitigate the amount of any payment contemplated by this Agreement, nor
will any such payment be reduced by any earnings that Executive may receive from any other source. 
 (b) Waiver. No
provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either
party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. 

(c) Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a part of
this Agreement. 
 (d) Entire Agreement. This Agreement, together with any Employment Agreement, constitutes the entire
agreement of the parties hereto and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties with respect to the subject matter
hereof. 
 (e) Amendment. This Agreement may not be altered, modified or amended except by a written instrument signed by
each of the parties hereto. 
 (f) Choice of Law. The validity, interpretation, construction and performance of this
Agreement will be governed by the laws of the State of California (with the exception of its conflict of laws provisions). 

(g) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity
or enforceability of any other provision hereof, which will remain in full force and effect. 
 (h) Withholding. All
payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes. 
  

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Infinera – CEO Change of Control Agreement 

 (i) Counterparts. This Agreement may be executed in counterparts, each of which will
be deemed an original, but all of which together will constitute one and the same instrument. 
 IN WITNESS WHEREOF, each of the
parties has executed this Agreement, in the case of the Company by its duly authorized officer, as of the day and year set forth below. 
  

					
	COMPANY	  	INFINERA CORPORATION
			
		  	By:	 	  

			
		  	Name:	 	  

			
		  	Title:	 	  

			
	EXECUTIVE	  	By:	 	  

			
		  	Name:	 	  

			
		  	Title:	 	  

  

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Infinera – CEO Change of Control Agreement

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