Document:

Building Lease Agreement

 Exhibit 10.4 
 Building Lease Agreement 
 (Hachioji Azumacho Center Building) 

September 8, 2011 
 Lessor: Jones Lang Lasalle K.K. 
 Lessee: NeoPhotonics Japan Godo Kaisha

 Terms of Lease 

 

													
	(1)	  	Lessor	  	Jones Lang LaSalle K.K.
	(2)	  	Lessee	  	NeoPhotonics Japan Godo
Kaisha
	(3)	  	Building	  	Name	  	Hachioji Azumacho Center
Building
	  	  	 Location

(residence
 indication)
	  	9-8, Azumacho, Hachioji-shi,
Tokyo
	  	  	Structure, Size	  	Steel-reinforced concrete structure with nine
stories above ground and a single-story penthouse
	  	  	Gross Floor Area	  	4,200.59 m2
	(4)	  	Leased Room	  	 	  	Floor area (calculated based on the center
line of wall)	  	 
	  	  	9th floor	  	164.07 m2	  	 
	  	  	 	  	 	  	 
	  	  	 	  	 	  	 
	  	  	Total	  	164.07 m2	  	 
	(5)	  	Purpose of Use	  	Office (Design/ appraisal of parts for
optical communication)
	(6)	  	 	  	Floor	  	Main charge	  	Consumption

tax
	  	Sub total
	  	Rent (per month)	  	9th floor	  	JPY283,677	  	JPY14,183	  	JPY297,860
	  	Common Service Fee (per month)	  	9th floor	  	JPY187,860	  	  JPY9,393	  	JPY197,253
	 	  	 	  	Total	  	JPY471,537	  	JPY23,576	  	JPY495,113
	(7)	  	 Security Deposit
 (12 months’ rent)
	  	Floor	  	 
	  	  	9th floor	  	          
                    JPY3,404,124
	  	  	Total	  	          
                    JPY3,404,124
	(8)	  	Lease Period	  	9th floor	  	From September 11, 2011 to 
September 10, 2013
	(9)	  	Rent/Common Service Fee charged from	  	
Rent:
                           December 11, 2011
 Common Service Fee: September 11, 2011

	(10)	  	Special Provisions	  	
(Special Provision 1)
 Notwithstanding Article 5
Paragraph 1 of this Agreement, the Lessor shall exempt the Lessee from the payment of rent for the following period:
 From September 11,
2011 to December 10, 2011
 (Special Provision 2)

					
	 	  	 	  	 If the
Lessee has terminated this Agreement prior to the expiration of the initial Lease Period set forth in Item (8) of the Terms of Lease pursuant to Article 4 of this Agreement or if the Lessor has cancelled this Agreement prior to the expiration of
such period pursuant to Article 15 of this Agreement, the Lessee shall, in addition to the early termination charge set forth in Article 4 Paragraph 3 of this Agreement or the penal charge set forth in Article 15 Paragraph 3 of this Agreement, pay
JPY851,031 (which is equal to the rent for the period from September 11, 2011 to December 10, 2011) and an amount equal to consumption tax thereon calculated at the rate applicable during such period to the Lessor. Such payments are not
scheduled to be paid as damages and shall not limit the Lessor’s claim for damages from the Lessee.
 (Special Provision 3)

 
 Article 7 of this Agreement shall be changed to the following.

 
 1.      The
Lessor and the Lessee may revise the rent upon mutual discussion and agreement when renewing the rent.
  

2.      Even during the Lease Period, for cases when: economic circumstances
fluctuate; public dues and taxes, various costs and other burden increase/decrease; or the rent becomes significantly inappropriate compared to those of neighboring buildings, the Lessor and the Lessee may revise the rent upon mutual discussion and
agreement.
  
 (Special Provision 4)

 
 Notwithstanding provisions of Article 8, Paragraph 5 of this Agreement, the limit for
making up shortfall in amount of security deposit shall be 2 weeks or less.
  

(Special Provision 5)
  
 Proviso of Article 10 of this Agreement shall be changed to the following.
  
 The Lessee is prohibited from doing the following acts; provided, however, that this shall not apply to Items (1) through (4) if the Lessee has obtained the Lessor’s written approval in
advance.
  
 Furthermore, with respect to following (2), when the
Lessor’s advance approval is not obtained, but the Lessor approves after-the-fact, the Lessee’s breach of obligations shall be cured retroactively.
  

(Special Provision 6)
  
 When this Agreement is terminated pursuant to Article 16 of this Agreement, notwithstanding provisions of Article 17 of this Agreement, the Lessee’s restoration obligations shall be
exempted.
  
 (Special Provision 7)

 
 Article 27 of this Agreement shall not apply.

End

 Building Lease Agreement 
 The lessor Jones Lang LaSalle K.K. (hereinafter referred to as the “Lessor”) and the lessee NeoPhotonics Japan Godo Kaisha (hereinafter referred to as the “Lessee”) hereby enter into
this building lease agreement (hereinafter referred to as the “Agreement”) as follows in connection with the Lessor’s leasing the leased room specified in Item (4) of the above terms of lease (hereinafter referred to as the
“Terms of Lease”) to the Lessee. The Lessor and the Lessee acknowledge that this Agreement is entered into as a sublease agreement under the building lease agreement (Master Lease Agreement) between AIG Edison Life Insurance Company as the
owner of the building (hereinafter referred to as the “Owner”) and the Lessor. 
 Article 1.    Leased Room

 The room leased under this Agreement shall be the leased room (hereinafter referred to as the “Leased Room”) specified in Item
(4) of the Terms of Lease in the building (hereinafter referred to as the “Building”) specified in Item (3) of the Terms of Lease, which shall be as shown in the attached drawing. 

Article 2.    Purpose of Use 

The Lessee shall use the Leased Room only for the purpose of use specified in Item (5) of the Terms of Lease and shall not use the Leased Room for
any other purposes; provided, however, that this shall not apply if the Lessee has obtained the prior written approval of the Lessor. 
 Article
3.    Lease Period 
  

	1.	The lease period (hereinafter referred to as the “Lease Period”) under this Agreement shall be as set forth in Item (8) of the Terms of Lease.

  

	2.	This Agreement shall be renewed for two (2) years from the day immediately following the day on which the Lease Period expires, if neither the Lessor nor Lessee
proposes the other party otherwise in writing at least six (6) months prior to the expiration of the Lease Period, and the same shall apply thereafter. 

 Article 4.    Termination 
  

	1.	The Lessee may terminate this Agreement during the Lease Period by giving a written notice of termination to the Lessor at least six (6) months prior to the
termination date specified in such notice. 

  

	2.	The Lessee shall not change the termination date under the preceding paragraph without the written approval of the Lessor. 

 

	3.	The Lessee may terminate this Agreement immediately by paying an amount equal to the six (6)months’ rent and common service fee to the Lessor in lieu of the
termination notice under Paragraph 1. 

  

	4.	 If the Lessee terminates this Agreement during the period between the execution date of this Agreement and the commencement date of the Lease Period
specified in Item (8) of the 

  
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Terms of Lease, the Lessee shall pay an amount equal to the six (6) months’ rent and common service fee to the Lessor; provided, however, that such payment shall not impair the
Lessor’s claim for damages from the Lessee. 

 Article 5.    Rent, Common Service Fee 

 

	1.	 The amount of rent and common service fee shall be as set forth in Item (6) of the Terms of Lease, which shall be paid by the Lessee by the
twenty-fifth (25th) day (if such day is a bank
holiday, the immediately preceding business day) of every month as the rent and common service fee for the following month by way of wire transfer to a bank account separately designated by the Lessor. The Lessee shall bear the bank charges for such
payment. 

  

	2.	The common service fee referred to in the preceding paragraph shall include costs and expenses for services provided by the Lessor and for the maintenance and
management of the common use area of the Building. 

  

	3.	Rent and common service fee for a period that is less than one (1) month shall be calculated on a pro rata basis based on a month of thirty (30) days and the
actual number of days elapsed. 

  

	4.	The Lessee shall pay consumption tax and local consumption tax (hereinafter referred to as the “Amount Equal to Consumption Tax”; if the consumption tax rate
is amended, the amended rate shall apply) imposed on the rent and common service fee to the Lessor pursuant to paragraph 1. 

  

	5.	The Lessor omits issuing the receipts. 

  

	6.	The rent and common service fee shall accrue from the respective date specified in Item (9) of the Terms of Lease. 

Article 6.    Costs and Expenses other than Rent and Common Service Fee 
 The Lessee shall, in addition to those set forth in the preceding article, bear the following costs and expenses and pay to the Lessor together with the rent and common service fee set forth in Paragraph
1of the preceding article upon request of the Lessor: 
  

	(1)	heating and cooling cost, air-conditioning cost, waste disposal cost, and cost for electricity, gas and water supply and sewerage systems arising in connection with the
Lessee’s use of the Leased Room; 

  

	(2)	cost for cleaning and caring the Leased Room (including fixtures, facilities and equipment of the Lessee); 

 

	(3)	cost for replacement of lamp bulbs of the lighting equipment in the Leased Room; 

 

	(4)	cost for deratization and pest control in the Leased Room; 

  

	(5)	public dues and taxes imposed on the fixtures or facilities, etc. newly installed, added or altered by the Lessee (under the name of itself or otherwise); and

  

	(6)	other fees and costs that are to be borne by the Lessee. 

  
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 Article 7.    Change of Rent 

 

	1.	The Lessor and the Lessee may revise the rent at the time of renewal of this Agreement upon discussion between the Lessor and the Lessee. 

 

	2.	The Lessor and the Lessee may also revise the rent upon discussion during the Lease Period if the rent becomes significantly unreasonable as a result of any change in
the economic conditions, increase/decrease of pubic dues and taxes, costs and expenses or other charges, or when compared with the rent of neighboring buildings. 

 Article 8.    Security Deposit 
  

	1.	The Lessee shall deposit the amount specified in Item (7) of the Terms of Lease to the Lessor as security deposit simultaneously with the execution of this
Agreement. 

  

	2.	The security deposit shall not accrue interest. 

  

	3.	So long as this Agreement remains effective, the Lessee shall not claim setoff of the security deposit against the rent or any other obligations owing to the Lessor.

  

	4.	If the Lessee has delayed payment of the rent or otherwise failed to perform any of its obligations hereunder or under other contracts, etc. entered into in connection
with this Agreement or has any liability for damages hereunder or thereunder, the Lessor may apply all or part of security deposit to the payment or performance thereof. 

 

	5.	If the Lessor has applied security deposit to the obligations of the Lessee pursuant to the preceding paragraph, the Lessee shall pay an amount equal to the shortfall
of the security deposit to the Lessor to make up such shortfall within one (1) week after the Lessee’s receipt of the notice of such application. 

 

	6.	If, upon termination of this Agreement, any security deposit remains after the complete vacation of the Leased Room by the Lessee and application of security deposit to
all the obligations held by the Lessee to the Lessor, the Lessor shall refund such remaining security deposit to the Lessee within three (3) months after the vacation. The Lessee shall not claim setoff of security deposit against the rent or
any other obligations owing to the Lessor until such remaining amount is fixed. 

  

	7.	If the rent is revised under the preceding article, the Lessee shall pay additional security deposit to the Lessor in an amount equal to the increased amount or the
Lessor shall refund security deposit in an amount equal to the reduced amount to the Lessee. 

 Article
9.    Default Interest 
 If the Lessee has delayed payment of rent or other obligation hereunder, the Lessor may charge
default interest at the rate of fourteen percent (14%) per annum (calculated on a pro rate basis); provided, however, that payment of such default interest shall not exempt the Lessee from the Lessor’s exercising the right to cancel this
Agreement. 

  
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 Article 10.    Prohibited Matters 

The Lessee is prohibited from doing the following acts; provided, however, that this shall not apply to Items (1) through (4) if the Lessee has
obtained the Lessor’s written approval in advance: 
  

	(1)	to assign, establish security interest on or otherwise dispose of the leasehold right to the Leased Room, claim related to security deposit or any and all other rights
hereunder, for a third party; 

  

	(2)	to have all the rights hereunder comprehensively succeeded to by a party other than the Lessee, whether by way of business assignment, merger, company split or
otherwise, or to approve assignment of the Lessee’s stock by its major shareholder (only those which gives rise to a change of control over the Lessee); 

 

	(3)	to sublease all or part of the Leased Room to a third party or make it available to a third party’s use; 

 

	(4)	to allow a third party to live in the Leased Room or to present a name of resident other than the Lessee; 

 

	(5)	to use or allow to use the Building as domicile or office of a member of an organized crime group (boryokudan) or a group which collectively or repeatedly
encourage illegal act (hereinafter referred to as “Organized Crime Group and Other Illegal Group”); 

  

	(6)	to sleep or lodge in the Leased Room; 

  

	(7)	to do an act that would trouble other lessees or any other act that would damage the building in which the Leased Room is located; 

 

	(8)	to bring or store dangerous articles that would trigger a fire or explosion into the Leased Room; 

 

	(9)	to do any act that is in breach of the Fire Service Act or other applicable laws and regulations; 

 

	(10)	to do any act that is in breach of the management rules separately set forth by the Lessor or other act that is separately prohibited by the Lessor; or

  

	(11)	to do any other act that would damage the trust relationship with the Lessor. 

 Article 11.    Due Care Obligation 
 The Lessee shall use the Leased Rom and
the common use area with the care of a good faith manager. 
 Article 12.    Acts Requiring Approval of Lessor 

 

	1.	The Lessee shall obtain the prior written approval of the Lessor when it conducts any of the following acts on the Leased Room or the Building:

  

	 	(1)	to newly install, add, remove, remodel or make over partitions, fittings or other fixtures; 

 

	 	(2)	to newly install, add or remodel facilities of electricity, feed-water and drainage, sanitation and hygiene, gas, telephone or cable broadcasting, etc.;

  

	 	(3)	to show or present trade name or trademark, etc. on the entrance door, wall, window glass or shutter, etc.; 

 

	 	(4)	to install a safe or bring and install any other heavy load; 

  

	 	(5)	to replace the entrance door key; or 

  

	 	(6)	to install a sign or advertising facilities. 

  
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	2.	Any installation or other work incidental to any of the items in the preceding paragraph shall be generally conducted by the Lessor or a contractor designated by the
Lessor and the cost of such installation or other work shall be borne by the Lessee. The Lessee shall promptly pay the cost for such work upon request of the Lessor. 

 

	3.	Even if the Lessor has approved the work under Paragraph 1 and such work is to be conducted by the Lessor or a contractor designated by the Lessor, the Lessee shall be
responsible to ensure that the specification of such work complies with the Building Standards Act, Fire Service Act or other applicable laws and regulations (hereinafter referred to as “Applicable Laws”), and if the specification of the
work is in breach of any Applicable Law, the Lessee shall promptly take necessary steps including renovation so that the specification complies with Applicable Laws at the cost and responsibility of the Lessee. If such breach has caused any damage
or cost to the Lessor or any other third party, the Lessee shall indemnify such damages, etc. in full. 

 Article
13.    Repair 
  

	1.	If the Leased Room or any fixture or facilities owned or managed by the Lessor is damaged or is in failure and requires or is likely to require to be repaired, the
Lessee shall promptly notify the Lessor to that effect. 

  

	2.	If the Lessor has determined necessary upon notice of the Lessee under the preceding paragraph, the Lessor shall conduct necessary repair at the cost of the Lessor;
provided, however, that repainting of ceiling or wall of the Leased Room, replacement of floor of the Leased Room, other small repair necessary for the maintenance of accessory facilities, repair that becomes necessary due to willful misconduct or
negligence of the Lessee or its related person, and repair of fixtures or facilities owned by the Lessee shall be conducted at the cost of the Lessee. 

  

	3.	Even if the repair under the preceding paragraph is conducted at the cost and responsibility of the Lessee, the Lessee shall obtain the prior written approval of the
Lessor regarding the method of the repair and the contractor. 

  

	4.	The Lessee shall cooperate with the Lessor in conducting works including repairing, altering, improving or maintaining the Leased Room, common use area or facilities,
etc. The Lessor shall not be liable for the damages, etc. arising from the suspension of use of common use area, limited use of the Leased Room and common use area or service degradation caused by such works. 

Article 14.    Liability for Damages 
 If willful misconduct or negligence of the Lessee or its agent, employee, contractor, visitor or other related person, or breach by the Lessee of this Agreement or any other agreement entered into
incidentally to this Agreement has caused any damage to the Lessor, other lessee or a third party, the Lessee shall promptly report the same to the Lessor and immediately compensate the damage in full at its cost by way of restoration to the
original state or otherwise. 

  
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 Article 15.    Cancellation of Agreement 

 

	1.	If the Lessee falls under the following Items (1) through (6), the Lessor may cancel this Agreement without any notice of demand, and if the Lessee falls under
Item (7), the Lessor may cancel this Agreement when no improvement is seen within one (1) month from written notice from the Lessor, in which case the Lessee shall immediately vacate the Leased Room: 

 

	 	(1)	the rent or other obligation of the Lessee is overdue for two (2) months or longer, or it delayed payment for two (2) times; 

 

	 	(2)	it becomes subject to provisional attachment, provisional disposition, compulsory execution, tax delinquency disposition or suspension of bank transactions, etc.;

  

	 	(3)	petition is made for commencement of proceeding for suspension of payment, dissolution, bankruptcy, civil rehabilitation, corporate reorganization or other similar
proceedings; 

  

	 	(4)	an event has occurred that significantly deteriorates its credit, or it acts contrary to the public order and morals; 

 

	 	(5)	it is absent or is not in contact for one (1) month or longer without notice to the Lessor; 

 

	 	(6)	there is any false statement in the application form for moving-in related to this Agreement, it has omitted to notify material facts when moving in, or it turns out to
the Lessor that the Lessee has moved in by fraudulent means; or 

  

	 	(7)	it has breached any of the provisions of this Agreement or any agreement entered into incidentally to this Agreement. 

 

	2.	If the Lessee falls under any of the following items, the Lessor may cancel this Agreement without any notice of demand, in which case the Lessee shall immediately
vacate the Leased Room and the Lessor may suspend the electricity or water supply, etc., replace keys of the Leased Room or otherwise prohibit the use of the Leased Room without the prior acknowledgement of the Lessee: 

 

	 	(1)	it turns out that the Lessee or its employee, officer or other member is a member, associate member or related person (hereinafter collectively referred to as
“Member”) of an Organized Crime Group and Other Illegal Group; 

  

	 	(2)	it presents a name plate, name, sign, emblem or paper lantern that implies an Organized Crime Group and Other Illegal Group in or out of the Leased Room (including
common use area); 

  

	 	(3)	it allows Members of an Organized Crime Group and Other Illegal Group to live in the Leased Room or to repeatedly access the Leased Room; 

 

	 	(4)	the Lessee or its employee, officer, other member or related person has committed a crime of violence, injury, assault, extortion, damage to property, duress,
assembling with offensive weapons, gambling, prostitution, drug, illegal possession of guns or similar crime in or around the Building; or 

  

	 	(5)	the Lessee, its employee, officer, other member or related person causes sense of anxiety or discomfort, or trouble to the other residents or manager of the Building,
those going in and out of the Building or the neighborhood residents by rude attitude or behavior by back of its force in or around the Building. 

  
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	3.	If this Agreement is cancelled pursuant to either of the preceding two (2) paragraphs, the Lessee shall pay the six (6) months’ rent and common service
fee to the Lessor; provided, however, that such payment shall not limit or reduce the damages to be claimed by the Lessor from the Lessee. 

 Article 16.    Automatic Termination of Agreement 
 If all or part of the
Building is lost or damaged due to any force majeure such as natural disaster or other event that is not attributable to the Lessor, or the Leased Room becomes no longer available for use due to the dilapidation of the Building, this Agreement shall
automatically terminate. The Lessor shall not be held liable for any damages suffered by the Lessee due to such termination and the Lessee may not claim any money or other demand of whatever name from the Lessor. 

Article 17.    Restoration Obligation 
  

	1.	Upon termination of this Agreement, the Lessee shall, at its cost, remove all the fixtures and facilities newly installed, added or altered at the cost of the Lessee
and equipment owned by the Lessee (hereinafter in this article referred to as “Fixtures”), and also dismantle, at its cost, Fixtures newly installed, added or altered by the Lessor at the request of the Lessee, if so requested by the
Lessor, to restore the Leased Room to the original status and vacate the Leased Room to the Lessor upon termination of this Agreement. For the purpose of this article, restoration of the Leased Room shall mean the satisfaction of the Restoration
Standards attached as Attachment 1. The restoration works shall be generally ordered to the Lessor or a contractor designated by the Lessor. 

  

	2.	If the Lessee does not restore the Leased Room to the original status despite the termination of this Agreement, the Lessor itself may remove Fixtures, restore
defacement, damage, failure and other wear caused by the use by the Lessee, restore the Leased Room to the original state and then request the costs and expenses incurred therefor from the Lessee. 

 

	3.	If any Fixtures remain in the Leased Room or Building after the termination of this Agreement and vacation of the Leased Room by the Lessee, the Lessor may deem that
the Lessee has abandoned the ownership of such Fixtures and dispose of such Fixtures at its option, and then request the costs and expenses incurred therefor from the Lessee. 

 

	4.	The Lessee shall not request the redemption of costs and expenses incurred in connection with the Leased Room, fixtures or facilities, etc. in whatever item or name,
compensation for transfer, compensation for forced removal, or key money in vacating the Leased Room, nor request the Lessor to purchase any Fixtures installed at the cost of the Lessee in the Leased Room. 

Article 18.    Usage Fee up to Complete Vacation 
 If the Lessee has failed to vacate the Leased Room concurrently upon termination of this Agreement, the Lessee shall pay penalty in an amount equal to double the rent and common service fee for the period
commencing on the day immediately following the termination of this Agreement to the complete vacation, Amount Equal to Consumption Tax thereon, and an amount 

  
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equal to the cost and expenses payable by the Lessee (hereinafter collectively referred to as “Penalty”) to the Lessor and in addition compensate the Lessor for any damages suffered by
the Lessor due to the delayed vacation. If the Lessee has vacated or moved out of the Leased Room without performing the restoration obligation or obligation to remove fixtures and facilities, etc. as set forth in Article 17, the Lessee shall, in
addition to the costs and expenses set forth in Article 17 Paragraphs 1 through 3, pay Penalty for the period necessary for the restoration work, etc. to the Lessor. 
 Article 19.    Building Management 
 The Lessor may delegate or have the Owner
delegate the building management work of the Building to a third party (hereinafter referred to as the “Building Manager”). The building management work shall consist of: 

 

	(1)	operation, checking and ordinary maintenance of facilities of electricity, air-conditioner, water supply, sanitation and hygiene, fire prevention, elevator, car parking
and other ancillary facilities; 

  

	(2)	cleaning and hygiene control; 

  

	(3)	prevention of fire, theft and other disaster, and security; 

  

	(4)	management of outdoor facilities and plants; 

  

	(5)	maintenance and preservation of the main structure, facilities and Fixtures of the Building, and management of works for repairing, remodeling, renewal, additional
construction, expansion construction and repainting, etc. thereof; 

  

	(6)	collection of utility costs, etc. and payment of such costs to the supply companies; 

 

	(7)	planning, examination and development of schedule for the maintenance and preservation; and 

 

	(8)	making application, report and filing with competent authorities. 

 Article 20.    Onsite Inspection of Leased Room by Lessor 
  

	1.	The Lessor, Building Manager or a person designated by the Lessor may enter into the Leased Room to inspect the Leased Room and take such necessary steps as may be
necessary upon prior notice to the Lessee when it is necessary to do so for the maintenance and management of the Building or Leased Room; provided, however, that if the Lessor, Building Manager or a person designated the Lessor is not able to give
the prior notice in an event of emergency or an extraordinary situation, it shall notify the same to the Lessee promptly thereafter. 

  

	2.	In the case of the preceding paragraph, the Lessee shall cooperate in the Lessor’s taking necessary steps. 

Article 21.    Compliance with Rules of Building 
 The Lessee shall, not only comply with the rules of the building and other rules designated by the Lessor, but also cause its employees and contractors to comply with such rules. 

  
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 Article 22.    Disclaimer 

 

	1.	Unless there is any willful misconduct or gross negligence of the Lessor, the Lessor shall not be liable for any damages suffered by the Lessee due to, not only force
majeure but also fire, wind and flood damage, theft, riot, or damage or failure of building, facilities of electricity, gas, water supply, air-conditioner, elevator and car parking, etc. 

 

	2.	The preceding paragraph shall also apply to the cases of temporary restriction of the use of the Leased Room by administrative order or legal restriction.

 Article 23.    Notice Obligation 
 The Lessee shall notify the Lessor in writing (in the case of Item (1), a document certifying the change needs to be attached to such written notice) without delay when it falls under any of the following
items: 
  

	(1)	change in the matters described on the certificate of current status or certified copy of residence registry which has been delivered by the Lessee to the Lessor prior
to the execution of this Agreement (as for the certificate of current status, address, trade name, representative, business purposes, capital amount and other commercial matters of the Lessee to be registered, and as for the certified copy of
residence registry, address, name and other matters describing personal status), registered seal of the Lessee or nature or type of business described on the application form for moving-in; or 

 

	(2)	the Lessee’s absence for one (1) month or longer during the Lease Period. 

 Article 24.    Change of Name of Building 
 The Lessee shall acknowledge in
advance that the name of the Building may be changed in the future and shall not request any money in whatever name in connection with the change of the name of the Building. 
 Article 25.    Succession of Title of Lessor 
 If the building lease agreement
(Master Lease Agreement) entered into between the Lessor and the Owner has terminated, the Lessor shall cause the Owner or new lessor to succeed to the title of lessor (including the obligation to refund security deposit) under this Agreement and
the Lessee shall acknowledge such title transfer of lessor (including submission of the letter of acknowledgement). 
 Article
26.    Handling of Personal Information 
  

	1.	 The Lessee and the joint guarantor of the Lessee hereunder (if any) (hereinafter, if such joint guarantor exists, it is referred to as “Joint
Guarantor”) acknowledge that this Agreement and the matters related to the management and operation of the Building (including address, name, contents of contract, status of performance of contract and other information, hereinafter referred to
as “Information”) regarding the Lessee, Joint Guarantor and the person to be the resident, etc. may be used jointly by the owner of the Building (including the trust bank and trust company being the trustee, hereinafter referred to as
“Owner of 

  
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Building”), trust beneficiary, person entitled to lease out, Manager and those delegated by any of such persons (each including successor or person succeeding to the title of such persons,
respectively) to the extent they need to do so in order to carry out the respective administrative works. 

  

	2.	The Lessee and Joint Guarantor hereby consent that, if either of the following items is relevant, Information may be provided to a third party after having such third
party subject to the confidentiality obligation to the extent necessary for achieving the purposes set forth in such item: 

  

	 	(1)	to disclose Information to a person who has actually acquired or intends to acquire the Building or beneficial interest related thereto, or actually made or intends to
make contributions or financing in connection therewith upon delegation or permission of the Building Owner or trust beneficiary for the purpose of evaluating the value of the Building or related beneficial interest or conducting other examination
or review; or 

  

	 	(2)	to disclose Information to a person who intends to succeed to the ownership of or right to lease out the Building for the purpose of appropriate succession of this
Agreement and the management and operation of the Building, upon cancellation of the trust agreement related to the Building, transfer of ownership or transfer of title of the lessor, etc. 

 

	3.	The Lessor (Jones Lang LaSalle K.K. located at 5-7, Sanban-cho, Chiyoda-ku, Tokyo) shall be the contact or manager for the matters related to the joint use and purpose
of use under this article; provided, however, that the Lessee and Joint Guarantor shall consent in advance that if the Lessor has its title under this Agreement succeeded by any other person, such person succeeding the title or a person designated
by the Lessor shall succeed to the title of contact and manager. 

 Article 27.    Joint Guarantor 

 

	1.	The Joint Guarantor shall be liable to perform all the obligations of the Lessee to the Lessor under this Agreement (including renewal and amendment thereto) jointly
with the Lessee. 

  

	2.	The Lessee and Joint Guarantor shall notify the Lessor in writing without delay of any change in the matters described on the certificate of current status or certified
copy of residence registry which has been delivered by the Joint Guarantor to the Lessor prior to the execution of this Agreement (as for the certificate of current status, address, trade name, representative, business purposes, capital amount and
other commercial matters of the Joint Guarantor to be registered, and as for the certified copy of residence registry, address, name and other matters describing personal status), registered seal of the Joint Guarantor or nature or type of business
described on the application form for moving-in, together with a document certifying the change attached to such written notice. 

  

	3.	If the Joint Guarantor falls under Article 15 Paragraph 1 Item 2, Item 3 or each item of Article 15 Paragraph 2, if it turns out that there is any false
statement in the matters set forth in Paragraph 2 of this article that have been filed by the Joint Guarantor to the Lessor, or if the Joint Guarantor otherwise loses its qualification as a joint guarantor authorized by the Lessor, the Lessee shall
immediately elect another joint guarantor for approval of the Lessor. 

  
 10 

 Article 28.    Agreed Jurisdiction 

Any dispute arising between the Lessor and the Lessee or between the Lessor and the Joint Guarantor in connection with this Agreement shall be subject to
the agreed exclusive jurisdiction of the Tokyo District Court for the first instance. 
 Article 29.    Governing Law,
Language 
 This Agreement shall be governed by the laws of Japan. Any translation of this Agreement into a language other than Japanese shall be
prepared only for the convenience to the Lessee or Joint Guarantor’s understanding, and even if there is any discrepancy between this Agreement and the translation thereof, such translation shall not have the effect of modifying or amending the
provisions of this Agreement. 
 Article 30.    Principle of Faith and Trust 

Any doubt in the interpretation of the provisions of this Agreement or any matter not covered by this Agreement shall be settled upon discussion between
the Lessor and the Lessee in accordance with the related laws and regulations and business practice in good faith and trust. 
 Article
31.    Special Provision 
 Each party to this Agreement shall acknowledge that notwithstanding anything in this Agreement,
the special provision set forth in Item (10) of the Terms of Lease shall supersede. 
 End. 

  
 11 

 IN WITNESS WHEREOF, this Agreement has been executed in duplicate and the Lessor and the Lessee shall retain
one (1) copy hereof upon signing and sealing below. 
 September 8, 2011 

 

			
	Lessor:	  	5-7, Sanban-cho, Chiyoda-ku, Tokyo
		  	Jones Lang LaSalle K.K.
		  	/s/ Mikio Nakayama
		  	Manager
		  	(Company seal)
		
	Lessee:	  	c/o TA Lawyers, Shiroyama Trust Tower, 15th Floor, 4-3-1 Toranomon,
		  	Minato-ku, Tokyo
		  	NeoPhotonics Japan Godo Kaisha
		  	    NeoPhotonics Corporation Limited (HK), Representative Member
		  	    /s/ Lucas Oliver-Frost
		  	Executive Officer
		  	(Company seal)

  
 12 

 Attachment 1 
 Restoration Standards 
 The standards for the restoration to be conducted by the lessee
upon expiration of the contract period under the lease agreement or termination due to cancellation of the contract shall be as set forth below. 
  

	1.	Restoration Area 

 The area to be
restored to the original status shall be the entire leased area (area for which the lease agreement has been entered into). 
  

	2.	Fixtures and Facilities Installed by Lessee 

 All the fixtures and facilities installed by the lessee and all the fixtures and facilities installed by the lessor at the request of the lessee shall be removed and the leased room shall be restored to
the status as at the commencement of the lease agreement. 
 Any defect and changes to the current status arising from the
installation of fixtures and facilities shall also be restored to the original status. 
  

	3.	Description of Restoration of Each Part of Room 

 Restoration of each part of the room shall be as set forth below. 
  

	 	(1)	Floor 

  

	 	(i)	Tile carpets shall be replaced entirely. 

  

	 	(2)	Wall 

  

	 	(i)	Painted area shall be repainted entirely and the wallpaper shall also be replaced entirely. 

 

	 	(ii)	Baseboard shall be replaced entirely. 

  

	 	(iii)	Restoration of all the other parts shall be decided upon discussion between the lessor and the lessee. 

 

	 	(3)	Ceiling 

  

	 	(i)	Ceiling shall generally be repainted entirely, however, if the ceiling has been processed for moving or adding partition, air-conditioning equipment or illumination,
the relevant part shall be re-covered. 

  

	 	(4)	Lighting Equipment 

  

	 	(i)	Lighting equipment shall be restored by cleaning. 

  

	 	(ii)	Lamp bulbs shall all be replaced. 

  

	 	(iii)	Additionally installed equipment shall be removed. 

  

	 	(5)	Air-conditioning equipment 

 Air
outlet and suction port of air-conditioning equipment shall be restored by cleaning. 

  
 13 

 Air-conditioning equipment moved or added, if any, shall be restored to the original status.

  

	 	(6)	Fittings (doors and sashes) 

  

	 	(i)	Paint-finished steel or wooden fittings shall be repainted entirely. 

  

	 	(ii)	Non-painted aluminum or stainless fittings shall be restored by cleaning and, repaired or replaced, if there is any damage. 

 

	 	(iii)	If the key is lost or cylinder is damaged, the relevant fitting shall be replaced. 

 

	 	(iv)	Blind shall be restored by cleaning, or repaired or replaced with new one if there is any damage. 

 

	 	4.	Wiring for Telephone 

  

	All	the telephone wires from IDF to the leased room shall be removed. 

 End 

  
 14Third Amendment To Loan And Security Agreement And Waiver And Consent

 Exhibit 10.5 
 THIRD AMENDMENT TO 
 LOAN AND SECURITY AGREEMENT AND WAIVER AND CONSENT

 This Third Amendment to Loan and Security Agreement and Waiver and Consent (this “Amendment”) is entered into
as of September 29, 2011, by and between COMERICA BANK (“Bank”) and NEOPHOTONICS CORPORATION (“Borrower”). 
 RECITALS 
 Borrower and Bank are parties to that certain Loan and Security
Agreement dated as of December 20, 2007, as it may be amended from time to time, including, without limitation, by that certain First Amendment to Loan and Security Agreement dated as of December 18, 2008 and that certain Second Amendment
to Loan and Security Agreement dated as of December 11, 2009 (collectively, the “Agreement”). The parties desire to amend the Agreement in accordance with the terms of this Amendment. 

NOW, THEREFORE, the parties agree as follows: 
 1. Borrower has advised Bank that it violated the provisions of clause (i) of Section 6.2 and Sections 6.2(a) and (b) of the Agreement (Monthly Reporting Requirements) for the periods ended
April 30, 2011, May 31, 2011, July 31, 2011 and August 31, 2011 (the “Covenant Violations”). Borrower has requested that Bank waive any Event of Default under the Agreement resulting from the Covenant
Violations. Bank waives any Event of Default under the Agreement resulting from the Covenant Violations. This waiver shall not be deemed to amend or alter in any respect the terms and conditions of the Agreement, the Indebtedness or any other
documents executed in connection therewith, or to constitute a waiver or release by the Bank of any right, remedy or Event of Default under the Agreement, the Indebtedness or any other documents executed in connection therewith, except to the extent
specifically set forth in the immediately preceding sentence. Furthermore, this waiver shall not affect in any manner whatsoever any rights or remedies of the Bank with respect to any other non-compliance by the Borrower with the Agreement or any
other documents executed in connection therewith, whether in the nature of an Event of Default, and whether now in existence or subsequently arising. 
 2. Borrower has advised Bank that it, through its affiliates, has leased and desires to improve and install equipment for manufacturing at certain real property located at East of B9 Plant, Conrad Park,
Shangsha Road, Zhen’an District, Chang’An Town, Dongguan City, China (the “Dongguan Building Lease”). Without the prior written consent of Bank, the Dongguan Building Lease may result in an Event of Default under the Agreement.
Borrower has requested that Bank consent to the Dongguan Building Lease and waive any Event of Default which would arise under the Agreement as a result of the Dongguan Building Lease. Bank hereby consents to the Dongguan Building Lease;
provided, that the cost of the related improvements and installation of equipment for manufacturing thereto does not exceed US$8,000,000 and no default or Event of Default has occurred under any of the Loan Documents prior to the completion
of such improvements. Except as specifically set forth herein, this consent shall not be deemed to amend or alter in any respect the terms and conditions of the Agreement or any of the other Loan Documents, or to constitute a waiver or release by
Bank of any right, remedy, Collateral, default or Event of Default under the Agreement or any of the other Loan Documents, except to the extent specifically set forth herein. This consent shall not act as a consent to any other transaction, act or
omission, whether related or unrelated thereto and shall not extend to or affect any obligation, covenant or agreement not expressly consented hereto. Furthermore, this consent shall not affect in any manner whatsoever any rights or remedies of Bank
with respect to any other non-compliance by Borrower with the Agreement or the other Loan Documents, whether in the nature of a default or Event of Default, and whether now in existence or subsequently arising, and shall not apply to any other
transaction. 
 3. Exhibit A of the Agreement is amended by adding (in the correct alphabetical order) or amending and restating
the following defined terms: 
 “Acquisition Advance’’ means a cash advance or cash advances under the
Acquisition Line.” 
 “Acquisition Line’’ means a Credit Extension of up to $20,000,000.” 

“Acquisition Line Maturity Date’’ means September 29, 2015.” 

 “‘Acquisition Tranche’ means any of Acquisition Tranche A or Acquisition
Tranche B.” 
 “‘Acquisition Tranche A’ has the meaning assigned in Section 2.1(d)(i).” 

“‘Acquisition Tranche A Acquisition Advance’ means the Acquisition Advance made under Acquisition Tranche A.”

 “‘Acquisition Tranche A Availability End Date’ means September 29, 2012.” 

“‘Acquisition Tranche B’ has the meaning assigned in Section 2.1(d)(i).” 

“‘Acquisition Tranche B Acquisition Advance’ means the Acquisition Advance made under Acquisition Tranche B.”

 “‘Acquisition Tranche B Availability End Date’ means September 29, 2012.” 

“‘Approved Acquisition’ means the acquisition by Borrower through one or more domestic Affiliates of Santur
Corporation.” 
 “‘Base Amount’ initially means $115,000,000. Commencing September 30, 2011, and on the
last day of each fiscal quarter of Borrower thereafter, the Base Amount shall permanently increase by an amount equal to the sum of (a) seventy-five percent (75%) of the net proceeds to Borrower from an issuance by Borrower of
Borrower’s equity securities or Subordinated Debt during the fiscal quarter of Borrower then ended, plus (b) fifty percent (50%) of the net income of Borrower and its consolidated Subsidiaries for the fiscal quarter of Borrower then
ended, calculated in accordance with GAAP, consistently applied; provided that if there is a loss for Borrower or any of its Subsidiaries for any fiscal quarter, net income shall be deemed to be $0 for such Person for such fiscal year.”

 “‘Collateral State’ means the states where the Collateral is located, which are California and
Massachusetts.” 
 “‘Credit Extension’ means each Advance, Acquisition Advance, Equipment Line B Advance, or
any other extension of credit by Bank to or for the benefit of Borrower hereunder.” 
 “‘ELB Tranche’ means
any of ELB Tranche A, ELB Tranche B, ELB Tranche C or ELB Tranche D, as applicable.” 
 “‘ELB Tranche A’ has
the meaning assigned in Section 2.1(e)(i).” 
 “‘ELB Tranche A Equipment Advance’ or ‘ELB Tranche A
Equipment Advances’ means any Equipment Line A Advances(s) made under ELB Tranche A.” 
 “‘ELB Tranche A
Availability End Date’ means March 11, 2012.” 
 “‘ELB Tranche B’ has the meaning assigned in
Section 2.1(e)(i).” 
 “‘ELB Tranche B Equipment Advance’ or ‘ELB Tranche B Equipment
Advances’ means any Equipment Line A Advances(s) made under ELB Tranche B.” 
 “‘ELB Tranche B Availability
End Date’ means September, 11, 2012” 
 “‘ELB Tranche C’ has the meaning assigned in
Section 2.1(e)(i).” 
 “‘ELB Tranche C Availability End Date’ means March 11, 2013.”

 “‘ELB Tranche C Equipment Advance’ or ‘ELB Tranche C Equipment Advances’ means any Equipment Line A
Advances(s) made under ELB Tranche C.” 

  
 2 

 “‘ELB Tranche D’ has the meaning assigned in Section 2.1(e)(i).”

 “‘ELB Tranche D Availability End Date’ means September 11, 2013.” 

“‘ELB Tranche D Equipment Advance’ or ‘ELB Tranche D Equipment Advances’ means any Equipment Line A Advances(s)
made under ELB Tranche D.” 
 “‘Equipment Line B’ means a Credit Extension of up to $7,000,000.”

 “‘Equipment Line Advance’ means a cash advance or cash advances under Equipment Line B.” 

“‘Equipment Line B Maturity Date’ means September 30, 2015.” 

“‘Equity Interest’ means (i) in the case of any corporation, all capital stock and any securities exchangeable for or
convertible into capital stock, (ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents of corporate stock (however designated) in or to such association or entity,
(iii) in the case of a partnership or limited liability company, partnership or membership interests (whether general or limited) and (iv) any other interest or participation that confers on a Person the right to receive a share of the
profits and losses of, or distribution of assets of, the issuing Person, and including, in all of the foregoing cases described in clauses (i), (ii), (iii) or (iv), any warrants, rights or other options to purchase or otherwise acquire any of
the interests described in any of the foregoing cases.” 
 “‘Third Amendment Date’ means September 29
2011.” 
 “‘LIBOR/Prime Referenced Rate Addendum’ means the LIBOR/Prime Referenced Rate Addendum to Loan and
Security Agreement dated as of September 29, 2011, between Bank and Borrower in the form attached hereto as Exhibit E.” 
 “‘Liquidity’ means the sum of Cash plus the net amount of Credit Extensions available under the Revolving Line.” 

“‘Permitted Acquisition’ means the Approved Acquisition and any acquisition (by any means including merger) by Borrower of
all or substantially all of the assets of another Person, or of a division or line of business of another Person, or any Equity Interests of another Person which satisfies and/or is conducted in accordance with the following requirements:

 (a) Such acquisition is of a business or Person engaged in a line of business which is compatible with, or
complementary to, the business of Borrower; and such acquisition is not an acquisition of margin stock; 
 (b) If
such acquisition is structured as an acquisition of the Equity Interests of any Person, then, if such Person is an entity organized under the laws of the United States or any territory thereof, the Person so acquired shall become a wholly-owned
direct domestic Subsidiary of Borrower and Borrower shall cause such acquired Person to comply with Section 6.10 hereof; 
 (c) The Borrower shall have delivered to Bank not less than ten (10) (or such shorter period of time agreed to by the Bank) nor more than ninety (90) days prior to the date of such acquisition,
notice of such acquisition together with, copies of all material documents relating to such acquisition (including the acquisition agreement and any related document) and, for each acquisition where the acquisition consideration exceeds $1,000,000,
historical financial information (including income statements, balance sheets and cash flows) of the acquisition target, if available, prior to the effective date of the acquisition; 

(d) Both immediately before and after giving effect to the consummation of such acquisition, no default or Event of
Default shall have occurred and be continuing; 
 (e) After giving effect to such acquisition, Borrower shall be
in compliance, on a pro forma basis, with the financial covenant ratios required to be maintained under Section 6.7 of this Agreement; 

  
 3 

 (f) Such acquisition shall not be hostile and shall have been approved by
the board of directors (or other similar body) and/or the stockholders or other equityholders of the acquisition target; 
 (g) Such acquisition does not result in a Change in Control; and 

(h) Borrower is the surviving entity, as applicable.” 

“‘Revolving Maturity Date’ means September 30, 2014.” 

4. Exhibit A of the Agreement is amended by amending and restating clause (e) of the definition of “Permitted Investment”
to read in its entirety as follows: 
  

	 	“(e)	Investments of Subsidiaries in or to other Subsidiaries or Borrower and Investments by Borrower in Subsidiaries not to exceed $1,000,000 in the aggregate in any fiscal
year, except Borrower may, including through its Affiliates before and after the Third Amendment Date, make a Investments in NeoPhotonics Japan Godo Kaisha not to exceed $2,000,000 in the aggregate in any fiscal year.” 

5. Exhibit A of the Agreement is amended by deleting the following defined terms: 

“Borrowing Base” 
 “Equipment Line A” 
 “Equipment Line A.”

 “ELA Tranche.” 

“ELA Tranche A.” 
 “ELA Tranche A Equipment Advance.” 
 “ELA Tranche A
Availability End Date.” 
 “ELA Tranche B.” 

“ELA Tranche B Equipment Advance.” 

“ELA Tranche B Availability End Date.” 

“ELA Tranche C.” 
 “ELA Tranche C Availability End Date.” 
 “ELA
Tranche C Equipment Advance.” 
 “ELA Tranche D.” 

“ELA Tranche D Availability End Date.” 

“ELA Tranche D Equipment Advance.” 
 6. Section 2.1 of the Agreement is amended and restated to read in its entirety as follows: 
 “2.1 Credit Extensions. 

  
 4 

	 	(a)	Promise to Pay. Borrower promises to pay to Bank, in lawful money of the United States of America, the aggregate unpaid principal amount of all Credit Extensions
made by Bank to Borrower, together with interest on the unpaid principal amount of such Credit Extensions at rates in accordance with the terms hereof. 

  

	 	(b)	Advances Under Revolving Line. 

  

	 	(i)	Amount. Subject to and upon the terms and conditions of this Agreement (1) Borrower may request Advances in an aggregate outstanding amount not to exceed
the Revolving Line less any amounts outstanding under the Letter of Credit Sublimit, and (2) amounts borrowed pursuant to this Section 2.1(b) may be repaid and reborrowed at any time prior to the Revolving Maturity Date, at which time all
Advances under this Section 2.1(b) shall be immediately due and payable. Except as set forth in the LIBOR/Prime Referenced Rate Addendum, Borrower may prepay all or any portion of the Advances without penalty or premium. Borrower may terminate
the Revolving Line at any time upon five (5) days prior written notice to Bank provided that all outstanding Advances have been paid in full as of the effective date of such termination. 

 

	 	(ii)	Form of Request. Whenever Borrower desires an Advance, Borrower will notify Bank by facsimile transmission or telephone no later than 3:00 p.m. Pacific time
(1:00 p.m. Pacific time for wire transfers), on the Business Day that the Advance is to be made. Each such notification shall be promptly confirmed by a Payment/Advance Form in substantially the form of Exhibit C. Bank is authorized to make Advances
under this Agreement, based upon instructions received from a Responsible Officer or a designee of a Responsible Officer, or without instructions if in Bank’s discretion such Advances are necessary to meet Obligations which have become due and
remain unpaid. Bank shall be entitled to rely on any telephonic notice given by a person who Bank reasonably believes to be a Responsible Officer or a designee thereof, and Borrower shall indemnify and hold Bank harmless for any damages or loss
suffered by Bank as a result of such reliance. Bank will credit the amount of Advances made under this Section 2.1(b) to Borrower’s deposit account. 

 

	 	(iii)	Letter of Credit Sublimit. Subject to the availability under the Revolving Line, and in reliance on the representations and warranties of Borrower set forth
herein, at any time and from time to time from the date hereof through the Business Day immediately prior to the Revolving Maturity Date, Bank shall issue for the account of Borrower such Letters of Credit as Borrower may request by delivering to
Bank a duly executed letter of credit application on Bank’s standard form; provided, however, that the outstanding and undrawn amounts under all such Letters of Credit (i) shall not at any time exceed the Letter of Credit Sublimit, and
(ii) shall be deemed to constitute Advances for the purpose of calculating availability under the Revolving Line. Any drawn but unreimbursed amounts under any Letters of Credit shall be charged as Advances against the Revolving Line. All
Letters of Credit shall be in form and substance acceptable to Bank in its sole discretion and shall be subject to the terms and conditions of Bank’s form application and letter of credit agreement. Borrower will pay any standard issuance and
other fees that Bank notifies Borrower it will charge for issuing and processing Letters of Credit. Notwithstanding anything to the contrary set forth herein, Borrower shall only request, and Bank shall only issue, Letters of Credit in favor of
Standard Chartered Bank. 

  

	 	(iv)	 Collateralization of Obligations Extending Beyond Maturity. If Borrower has not secured to Bank’s satisfaction its obligations with respect
to any Letters of Credit by the Revolving Maturity Date, then, effective as of such date, the balance in any deposit accounts held by Bank and the certificates of deposit or time deposit accounts issued by Bank in Borrower’s name (and any
interest paid 

  
 5 

	 	
thereon or proceeds thereof, including any amounts payable upon the maturity or liquidation of such certificates or accounts), shall automatically secure such obligations to the extent of the
then continuing or outstanding and undrawn Letters of Credit. Borrower authorizes Bank to hold such balances in pledge and to decline to honor any drafts thereon or any requests by Borrower or any other Person to pay or otherwise transfer any part
of such balances for so long as the Letters of Credit are outstanding or continue. 

  

	 	(c)	[Intentionally Deleted.] 

  

	 	(d)	Acquisition Advances. 

  

	 	(i)	Subject to and upon the terms and conditions of this Agreement, Bank agrees to make two Acquisition Advances to Borrower in two tranches, Acquisition Tranche A and
Acquisition Tranche B. Borrower may request one Acquisition Line Advance under Acquisition Tranche A at any time from the Third Amendment Date through the Acquisition Tranche A Availability End Date. Borrower may request one Acquisition Advance
under Acquisition Tranche B at any time from the first Business Day following any Acquisition Tranche A Advance through the Acquisition Tranche B Availability End Date. The aggregate outstanding amount of all Acquisition Advances shall at no time
exceed the Acquisition Line and each Acquisition Advance shall be in a minimum amount of $250,000. Proceeds of the Acquisition Advances shall be used by Borrower to make a Permitted Acquisition. No Acquisition Advance shall exceed 100% of the
purchase price of a Permitted Acquisition. Notwithstanding the foregoing, Bank shall not make any Acquisition Advance if Borrower has not maintained a Liquidity of at least $60,000,000 at all times. 

 

	 	(ii)	Interest shall accrue from the date of each Acquisition Advance at the rate specified in Section 2.3(a), and shall be payable in accordance with
Section 2.3(c). The Acquisition Tranche A Advance shall be payable in equal monthly installments of principal each in an amount sufficient to fully amortize the Acquisition Tranche A Advance by the Acquisition Line Maturity Date, plus all
accrued interest, beginning on the first Business Day of the first month following the funding of such advance, and continuing on the same day of each month thereafter until the Acquisition Line Maturity Date. The Acquisition Tranche B Advance shall
be payable in equal monthly installments of principal each in an amount sufficient to fully amortize the Acquisition Tranche B Advance by the Acquisition Line Maturity Date, plus all accrued interest, beginning on the first Business Day of the first
month following the funding of such advance, and continuing on the same day of each thereafter until the Acquisition Line Maturity Date. No Acquisition Advance, once repaid, may be reborrowed. Except as set forth in the LIBOR/Prime Referenced Rate
Addendum, Borrower may prepay all or any portion of an Acquisition Advance without penalty or premium. 

  

	 	(iii)	When Borrower desires to obtain an Acquisition Advance, Borrower shall notify Bank (which notice shall be irrevocable) by facsimile transmission to be received no later
than 3:00 p.m. Pacific time three Business Days before the day on which the Acquisition Advance is to be made. Such notice shall be substantially in the form of Exhibit C and the minimum amount requested shall be no less than $250,000. The notice
shall be signed by a Responsible Officer or its designee. 

  

	 	(e)	Equipment Line B Advances. 

  

	 	(i)	 Subject to and upon the terms and conditions of this Agreement, Bank agrees to make Equipment Line B Advances to Borrower in four tranches, ELB Tranche

  
 6 

	 	
A, ELB Tranche B, ELB Tranche C, and ELB Tranche D. Borrower may request Equipment Line B Advances under ELB Tranche A at any time from the Third Amendment Date through the ELB Tranche A
Availability End Date. Borrower may request Equipment Line B Advances under ELB Tranche B at any time from the first Business Day following the ELB Tranche A Availability End Date through the ELB Tranche B Availability End Date. Borrower may request
Equipment Line B Advances under ELB Tranche C at any time from the first Business Day following the ELB Tranche B Availability End Date through the ELB Tranche C Availability End Date. Borrower may request Equipment Line B Advances under ELB Tranche
D at any time from the first Business Day following the ELB Tranche C Availability End Date through the ELB Tranche D Availability End Date. The aggregate outstanding amount of all Equipment Line B Advances shall at no time exceed the Equipment Line
B and each Equipment Line B Advance shall be in a minimum amount of $500,000. Each Equipment Line B Advance shall not exceed 100% of the invoice amount of new equipment and software (excluding taxes, shipping, warranty charges, freight discounts,
installation expense and other soft costs) approved by Bank from time to time (which Borrower shall, in any case, have purchased within 90 days of the date of the corresponding Equipment Line B Advance; provided that with respect to ELB
Tranche A only, Borrower shall also be permitted to request one Equipment Line B Advance for equipment purchased between January 1, 2011 and Third Amendment Date (the “Initial Look Back Equipment Line B Advance”); provided
further, that the aggregate amount of the Initial Look Back Equipment Line B Advances shall not exceed $1,500,000 at any time). Notwithstanding the foregoing, Equipment Line B Advances may be used for software purchases and related installation
fees in an aggregate amount not exceeding $3,000,000 at any time. 

  

	 	(ii)	Interest shall accrue from the date of each Equipment Line B Advance at the rate specified in Section 2.3(a), and shall be payable in accordance with
Section 2.3(c). Any Equipment Line B Advances that are outstanding under ELB Tranche A on the ELB Tranche A Availability End Date shall be payable in forty two (42) equal monthly installments of principal, plus all accrued interest,
beginning on March 11, 2012, and continuing on the same day of each month thereafter until paid in full. Any Equipment Line B Advances that are outstanding under ELB Tranche B on the ELB Tranche B Availability End Date shall be payable in
thirty six (36) equal monthly installments of principal, plus all accrued interest, beginning on September 11, 2012, and continuing on the same day of each month thereafter until paid in full. Any Equipment Line B Advances that are
outstanding under ELB Tranche C on the ELB Tranche C Availability End Date shall be payable in thirty (30) equal monthly installments of principal, plus all accrued interest, beginning on March 11, 2013, and continuing on the same day of
each month thereafter until paid in full. Any Equipment Line B Advances that are outstanding under ELB Tranche D on the ELB Tranche D Availability End Date shall be payable in twenty four (24) equal monthly installments of principal, plus all
accrued interest, beginning on September 11, 2013, and continuing on the same day of each month thereafter through the Equipment Maturity Date, at which time all amounts due in connection with Equipment Line B Advances made under this
Section 2.1(e) and any other amounts due under this Agreement shall be immediately due and payable. Equipment Line B Advances under an ELB Tranche, once repaid, may not be reborrowed. Except as provided in the LIBOR/Prime Referenced Rate
Addendum, Borrower may prepay all or any portion of the Equipment Line B Advances without penalty or premium. 

  

	 	(iii)	 When Borrower desires to obtain an Equipment Line B Advance, Borrower shall notify Bank (which notice shall be irrevocable) by facsimile transmission
to be received no later than 3:00 p.m. Pacific time three Business Days before the day 

  
 7 

	 	
on which the Equipment Line B Advance is to be made. Such notice shall be substantially in the form of Exhibit C and the amount requested by Borrower shall be no less than $500,000. The notice
shall be signed by a Responsible Officer or its designee and include a copy of the invoice for any Equipment to be financed and any other documentation reasonably requested by Bank. 

7. Section 2.2 of the Agreement is amended and restated to read in its entirety as follows: 

 

	 	“2.2	Overadvances. If the aggregate amount of the outstanding Advances plus the aggregate amount outstanding under the Letter of Credit Sublimit exceeds the Revolving
Line at any time, Borrower shall immediately pay to Bank, in cash, the amount of such excess.” 

 8.
Section 2.3(a)(i) of the Agreement is amended and restated to read in its entirety as follows: 
  

	 	“(i)	Advances. Except as set forth in Section 2.3(b), the Advances shall bear interest, on the outstanding daily balance thereof, as set forth in the LIBOR/Prime
Referenced Rate Addendum. 

  

	 	(ii)	Acquisition Line. Except as set forth in Section 2.3(b), the Acquisition Advances shall bear interest, on the outstanding daily balance thereof, as set
forth in the LIBOR/Prime Referenced Rate Addendum. 

  

	 	(iii)	[Intentionally Deleted.] 

  

	 	(iv)	Equipment Line B Advances. Except as set forth in Section 2.3(b), the Equipment Line B Advances shall bear interest, on the outstanding daily balance
thereof, as set forth in the LIBOR/Prime Referenced Rate Addendum.” 

 9. The reference to “and each
anniversary of the Closing Date” in Section 2.5(a) of the Agreement is hereby deleted. 
 10. The “.” at the
end of Section 2.5(b) of the Agreement is deleted and replaced with “;”, and new Section 2.5(c) is added to the Agreement to read in its entirety as follows: 

“(c) Unused Facility Fee. A quarterly unused facility fee equal to one quarter of one percent (0.25%) per annum of the
difference between the Revolving Line and the average outstanding principal balance of the Obligations during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be
nonrefundable.” 
 11. Section 5.3 of the Agreement is amended and restated to read in its entirety as follows:

 “5.3 Borrower has rights in or the power to transfer the Collateral, and its title to the Collateral is free and clear of
Liens, adverse claims, and restrictions on transfer or pledge except for Permitted Liens. All Collateral is located solely in the Collateral States. The Eligible U.S. Accounts and Eligible Chinese Accounts are bona fide existing obligations. The
property or services giving rise to such Eligible U.S. Accounts and Eligible Chinese Accounts have been delivered or rendered to the account debtor or its agent for immediate shipment to and unconditional acceptance by the account debtor. All
Inventory is in all material respects of good and merchantable quality, free from all material defects, except for Inventory for which adequate reserves have been made. Except as set forth in the Schedule, none of the Collateral is maintained or
invested with a Person other than Bank or Bank’s Affiliates.” 
 12. Section 6.2 of the Agreement is amended and
restated to read in its entirety as follows: 
 “6.2 Financial Statements, Reports, Certificates. Borrower shall
deliver to Bank: (i) as soon as available, but in any event within 45 days after the end of each fiscal quarter of Borrower, company prepared consolidating and consolidated financial statements of Borrower covering such period, prepared in
accordance with GAAP, consistently applied, in a form reasonably acceptable 

  
 8 

 
to Bank and certified by a Responsible Officer; (ii) as soon as available, but in any event within 25 days after the end of each fiscal year of Borrower, company prepared consolidating and
consolidated annual financial statements of Borrower, prepared in accordance with GAAP, consistently applied, in a form reasonably acceptable to Bank and certified by a Responsible Officer; (iii) as soon as available, copies of all statements,
reports and notices sent or made available generally by Borrower to its security holders or to any holders of Subordinated Debt and (a) within 90 of Borrower’s fiscal year end all reports on Form 10-K filed with the Securities and Exchange
Commission and (b) within 45 days of Borrower’s fiscal quarter end all reports on Form 10-Q filed with the Securities and Exchange Commission; (iv) promptly upon receipt of notice thereof, a report of any legal actions pending or
threatened against Borrower or any Subsidiary that could result in damages or costs to Borrower or any Subsidiary of $250,000 or more; (v) such budgets, sales projections, operating plans or other financial information generally prepared by
Borrower in the ordinary course of business as Bank may reasonably request from time to time; and (vi) within 45 days of the last day of each fiscal quarter, a report signed by Borrower, in form reasonably acceptable to Bank, listing any
applications or registrations that Borrower has made or filed in respect of any Patents, Copyrights or Trademarks and the status of any outstanding applications or registrations, as well as any material change in Borrower’s Intellectual
Property. 
 (a)(i) Within 25 days after the last day of each month during which there are outstanding Advances, (ii) within
25 days after the last day of each fiscal quarter during which there are no outstanding Advances outstanding, and (iii) prior to each Advance, Borrower shall deliver to Bank an Eligible Accounts Certificate in substantially the form of Exhibit
F attached hereto and aged listings by invoice date of accounts receivable and accounts payable for the most recently ended month. 
 (b) Within 45 days after the last day of each fiscal quarter, Borrower shall deliver to Bank a Compliance Certificate certified as of the last day of the applicable month and signed by a Responsible
Officer in substantially the form of Exhibit D hereto. 
 (c) As soon as possible and in any event within 3 calendar days after
becoming aware of the occurrence or existence of an Event of Default hereunder, a written statement of a Responsible Officer setting forth details of the Event of Default, and the action which Borrower has taken or proposes to take with respect
thereto. 
 (d) Upon the occurrence or during the continuance of an Event of Default, Bank shall have a right to audit
Borrower’s Accounts and appraise Collateral at Borrower’s expense. 
 Borrower may deliver to Bank on an electronic
basis any certificates, reports or information required pursuant to this Section 6.2, and Bank shall be entitled to rely on the information contained in the electronic files, provided that Bank in good faith believes that the files were
delivered by a Responsible Officer. If Borrower delivers this information unsigned electronically, it shall also deliver to Bank by U.S. Mail, reputable overnight courier service, hand delivery, facsimile or .pdf file within 5 Business Days of
submission of the unsigned electronic copy the certification of monthly financial statements, the intellectual property report, the Eligible Accounts Certificate and the Compliance Certificate, each bearing the physical signature of the Responsible
Officer.” 
 13. Section 6.6 of the Agreement is amended and restated to read in its entirety as follows: 

 

	 	“6.6	Primary Depository. Borrower shall maintain its primary depository and operating accounts with Bank and Borrower shall maintain in investment accounts with Bank
or Bank’s Affiliates an aggregate amount equal to the lesser of (a) an amount equal to no less than 25% of Borrower’s total Cash held in investment accounts or (b) the aggregate amount of Bank’s committed Credit Extensions;
provided, however, that Borrower’s investment accounts maintained (i) at financial institutions other than Bank shall be covered by an executed control agreement in form and substance reasonably acceptable to Bank or (ii) in
custodial accounts at Bank under the terms of a custodial account agreement shall be covered by an amendment to the custodial account agreement or such other agreement reasonably requested by Bank, each in form and substance acceptable to
Bank.” 

  
 9 

 14. Section 6.7 of the Agreement is amended and restated to read in its entirety as
follows: 
  

	 	“6.7	Financial Covenants. Borrower shall at all times maintain the following financial ratios and covenants: 

 

	 	(a)	Tangible Net Worth. A Tangible Net Worth of not less than the Base Amount. 

 

	 	(b)	Bank Debt Liquidity Coverage. A ratio of (a) the sum of (i) Cash of Borrower and its domestic Subsidiaries in accounts maintained at Bank or
Bank’s Affiliates (covered by satisfactory control agreements) on such date of determination, provided, however, Borrower and its domestic Subsidiaries shall maintain not less than $10,000,000 in accounts maintained at Bank or
Bank’s Affiliates at all times, plus (ii) Cash of Borrower and its domestic Subsidiaries held at financial institutions in accounts controlled by Bank under the terms of a custodial account agreement, which agreement shall be amended by an
amendment to such custodial account agreement in form and substance acceptable to Bank, plus (iii) the aggregate amount of Eligible U.S. Accounts as of such date of determination, plus (iv) the lesser of (x) the aggregate amount of
Eligible Chinese Accounts as of such date and (y) $5,000,000 to (b) the aggregate amount of all outstanding Credit Extensions (including outstanding Letters of Credit) of at least 1.50 to 1.00. 

 

	 	(c)	Liquidity. A Liquidity of not less than $60,000,000. 

 For the avoidance of doubt, Borrower shall maintain the above financial covenants at all times regardless of the frequency at which Borrower delivers its compliance certificates to Bank.” 

15. Section 7.1 of the Agreement is amended and restated to read in its entirety as follows: 

“7.1 Dispositions. Convey, sell, lease, license, transfer or otherwise dispose of (collectively, to “Transfer”), or
permit any of its Subsidiaries to Transfer, all or any part of its business or property, or subject to Section 6.6 of the Agreement, move cash balances on deposit with Bank to accounts opened at another financial institution, other than
Permitted Transfers.” 
 16. Section 7.3 of the Agreement is amended and restated to read in its entirety as follows:

 “7.3 Mergers or Acquisitions. Merge or consolidate, or permit any of its Subsidiaries to merge or consolidate,
with or into any other business organization (other than mergers or consolidations of a Subsidiary into another Subsidiary or into Borrower), or acquire, or permit any of its Subsidiaries to acquire, all or substantially all of the capital stock or
property of another Person except in connection with a Permitted Acquisition or an Approved Acquisition.” 
 17. Exhibits
D, E, F and G to the Agreement are hereby deleted and replaced with Exhibits D, E, F and G attached hereto. 
 18. Borrower
acknowledges and agrees that within two weeks after the date of this Amendment, it will execute one or more tri-party agreement(s) among Borrower, Bank and Comerica Bank, in its capacity as trustee, in connection with accounts managed by Bank in
such trustee capacity documenting Bank’s control over such accounts. 
 19. Borrower acknowledges and agrees that the
Equipment Line A with obligation number 8718060160/182 (the “Prior Line”) is hereby terminated and that Borrower shall not request, and Bank shall have no obligation to make, any advances under the Prior Line. In addition, Borrower and
Bank each acknowledge and agree that all unpaid principal and accrued and unpaid interest, and all other amounts due under the Prior Line have been paid. 

  
 10 

 20. No course of dealing on the part of Bank or its officers, nor any failure or delay in
the exercise of any right by Bank, shall operate as a waiver thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by
Borrower of any provision shall not affect any right of Bank thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be in writing signed by an officer of Bank. 

21. Unless otherwise defined, all initially capitalized terms in this Amendment shall be as defined in the Agreement. The Agreement, as
amended, shall be and remain in full force and effect in accordance with its respective terms and is ratified and confirmed in all respects. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not
operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the Agreement, as in effect prior to the date hereof. 
 22. Borrower represents and warrants that the Representations and Warranties contained in the Agreement are true and correct in all material respects as of the date of this Amendment, and that no Event of
Default has occurred and is continuing. 
 23. As a condition to the effectiveness of this Amendment, Bank shall have received,
in form and substance satisfactory to Bank, the following: 
  

	 	(a)	this Amendment, executed by Borrower; 

  

	 	(b)	a Certificate of the Secretary of Borrower with respect to incumbency and resolutions authorizing the execution and delivery of this Amendment;

  

	 	(c)	an Affirmation of Guaranties and Third Party Security Agreements, executed by the Guarantors; 

 

	 	(d)	a LIBOR/Prime Referenced Rate Addendum, executed by Borrower; 

  

	 	(e)	payment by Borrower to Bank of a Revolving Credit Commitment Fee in the amount of $12,000, which Revolving Credit Commitment Fee is deemed fully earned by Bank and
non-refundable; 

  

	 	(f)	payment by Borrower to Bank of an Equipment Line B Commitment Fee in the amount of $17,500, which Equipment Line B Commitment Fee is deemed fully earned by Bank and
non-refundable; 

  

	 	(g)	payment by Borrower to Bank of an Acquisition Line Commitment Fee in the amount of $50,000, which Acquisition Line Commitment Fee is deemed fully earned by Bank and
non-refundable; 

  

	 	(h)	all reasonable Bank Expenses incurred through the date of this Amendment, which may be debited from any of Borrower’s accounts; and 

 

	 	(i)	such other documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate. 

24. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one instrument. 
 [Remainder of Page Intentionally Left Blank] 

  
 11 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above
written. 
  

			
	NEOPHOTONICS CORPORATION
		
	By:	 	  

	Title:	 	  

	
	COMERICA BANK
		
	By:	 	  

	Title:	 	  

  
 12 

 EXHIBIT D 

COMPLIANCE CERTIFICATE 
  

			
	Please send all Required Reporting to:	  	Comerica Bank
	 FROM: NEOPHOTONICS CORPORATION
	  	 Technology & Life Sciences Division
 Loan Analysis Department
 250 Lytton Avenue
 3rd Floor, MC 4240
 Palo Alto, CA 94301
 Phone: (650) 462-6060
 Fax: (650) 462-6061

 The undersigned authorized Officer of NeoPhotonics Corporation (“Borrower”), hereby certifies that in
accordance with the terms and conditions of the Loan and Security Agreement between Borrower and Bank (the “Agreement”), (i) Borrower is in complete compliance for the period ending with all required covenants, including without
limitation the ongoing registration of intellectual property rights in accordance with Section 6.8, except as noted below and (i) all representations and warranties of Borrower stated in the Agreement are true and correct in all material
respects as of the date hereof. Attached herewith are the required documents supporting the above certification. The Officer further certifies that these are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are
consistently applied form one period to the next except as explained in an accompanying letter or footnotes. 
  

							
	 REPORTING COVENANTS
	  	 REQUIRED
	  	 COMPLIES

	 Company Prepared Quartrly F/S (Consolidated and, for U.S. operations, consolidating)
	  	Quarterly, within 45 days of QE	  	YES	  	NO
	 Company Prepared Annual F/S (Consolidated and, for U.S. operations, consolidating)
	  	Annually, within 25 days of FYE	  	YES	  	NO
	 Compliance Certificate
	  	Monthly, within 25 days if Advances outstanding; Quarterly, within 25 days of QE if Advances are not outstanding	  	YES	  	NO
	 Eligible Accts. Certif., A/R & A/P Agings
	  	Monthly, within 25 days if Advances outstanding; Quarterly, within 25 days of QE if Advances are not outstanding	  	YES	  	NO
	 Intellectual Property Report
	  	Quarterly, within 45 days	  	YES	  	NO
	 If Public:
	  		  		  	
	 10Q
	  	Quarterly, within 45 days of QE	  	YES	  	NO
	 10K
	  	Annually, within 90 days of FYE	  	YES	  	NO
			
	 	  	 DESCRIPTION
	  	 APPLICABLE

	 Legal Action > $250,000
	  	Notify promptly upon notice	  	YES	  	NO
	 Inventory Disputes > $250,000
	  	Notify promptly upon notice	  	YES	  	NO
	 Cross default with other agreements

> $1,000,000
	  	Notify promptly upon notice	  	YES	  	NO
	 Judgment > $1,000,000
	  	Notify promptly upon notice	  	YES	  	NO

  

															
	 FINANCIAL COVENANTS
	  	 REQUIRED
	 	 ACTUAL
	 	  	 COMPLIES
	 
	 TO BE REPORTED MONTHLY, UNLESS OTHERWISE NOTED:
	 				  				  			
	 Tangible Net Worth (Reported Quarterly)
	  	See 6.7(a) of Agreement	 	$	            	  	  	 	YES	  	  	 	NO	  
	 Bank Debt Liquidity Coverage (Reported Monthly)
	  	1.50:1.00	 	 	:1.00	  	  	 	YES	  	  	 	NO	  
	 Liquidity (Reported Monthly)
	  	$60,000,000	 				  				  			

  

															
	 OTHER COVENANTS
	  	 REQUIRED
	 	  	 ACTUAL
	  	 COMPLIES
	 
	 Permitted Indebtedness for equipment leases
	  	< $	250,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			
	 Permitted Investments for stock repurchase
	  	< $	250,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			
	 Permitted Investments for subsidiaries
	  	< $	1,000,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			
	 Permitted Investments for employee loans
	  	< $	1,000,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			
	 Permitted Investments for joint ventures
	  	< $	1,000,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			
	 Permitted Liens for equipment leases
	  	< $	250,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			
	 Permitted Transfers
	  	< $	1,000,000	  	  		  	 	YES	  	  	 	NO	  
		  				  	  
	  				  			

  
 1 

 Please Enter Below Comments Regarding Violations: 
 The Officer further acknowledges that at any time Borrower is not in compliance with all the terms set forth in the Agreement, including, without limitation, the financial covenants, no credit extensions
will be made. 
  

	
	Very truly yours,
	  

	Authorized Signer
	  

	Name
	  

	Title

  
 2 

 EXHIBIT E 

Libor/Prime Referenced Rate Addendum to Loan and Security Agreement 

(see attached) 

  
 1 

 EXHIBIT F 

Form of Eligible Accounts Certificate 
  

							
	Borrower:	 	NeoPhotonics Corporation	 	 	  	 
		 		 	Bank:	  	Comerica Bank
		 		 		  	Technology & Life Sciences Division
		 		 		  	Loan Analysis Department
		 		 		  	250 Lytton Avenue
		 		 		  	3rd Floor, MC 4240
		 		 		  	Palo Alto, CA 94301
		 		 		  	Phone: (650) 462-6060
		 		 		  	Fax: (650) 462-6061

  

					
	U.S. ACCOUNTS RECEIVABLE
	        1.	  	U.S. Accounts Receivable book value as of:                    	  	$            
	        2.	  	Additions (please explain on reverse)	  	$
	        3.	  	TOTAL U.S. ACCOUNTS RECEIVABLE AS OF                    	  	$
	U.S. ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication)	  	
	        4.	  	Amounts over 90 days	  	$
	        5.	  	Credit Balances over 90 days	  	$
	        6.	  	Balance of 25% over 90 days	  	$
	        7.	  	Concentration limits 20% (50% if account debtor is Shenzhen Huawei Technologies Co., Ltd.)	  	$
	        8.	  	Contra Accounts	  	$
	        9.	  	Promotion or Demo Accounts	  	$
	        10.	  	Intercompany/Employee Accounts	  	$
	        11.	  	Other (please explain below)	  	$
	        12.	  	TOTAL U.S. ACCOUNTS RECEIVABLE DEDUCTIONS	  	$
	        13.	  	Eligible U.S. Accounts (#3-#12)	  	$
	CHINESE ACCOUNTS RECEIVABLE	  	
	        14.	  	Chinese Accounts Receivable book value as of:                     	  	$
	        15.	  	Additions (please explain on reverse)	  	$
	        16.	  	TOTAL CHINESE ACCOUNTS RECEIVABLE AS OF                    	  	$
	CHINESE ACCOUNTS RECEIVABLE DEDUCTIONS (without duplication)	  	
	        17.	  	Amounts over 90 days	  	$
	        18.	  	Credit Balances over 90 days	  	$
	        19.	  	Concentration limits 20% (50% if account debtor is Shenzhen Huawei Technologies Co., Ltd.)	  	$
	        20.	  	Contra Accounts	  	$
	        21.	  	Promotion or Demo Accounts	  	$
	        22.	  	Intercompany/Employee Accounts	  	$
	        23.	  	Other (please explain below)	  	$
	        24.	  	TOTAL CHINESE ACCOUNTS RECEIVABLE DEDUCTIONS	  	$
	        25.	  	Eligible Chinese Accounts (#16-#24)	  	$
	TOTAL ELIGIBLE ACCOUNTS	  	
	        26.	  	Total Eligible Accounts (the sum of #13 plus #25)	  	$

  
 1 

 The undersigned represents and warrants that the foregoing is true, complete and correct, and that the
information reflected in this Borrowing Base Certificate complies with the representations and warranties set forth in the Loan Agreement between the undersigned and Comerica Bank. 

 

							
	 Comments:
	 		 	BANK USE ONLY
	  
	 		 	Rec’d By:	 	  

	 Authorized Signer
	 		 	Date:	 	  

		 		 	Reviewed By:	 	  

		 		 	Date:	 	  

		 		 	 	 	 

  
 2 

 EXHIBIT G 

[Reserved.] 

  
 1 

 Corporation Resolutions and Incumbency Certification 

Authority to Procure Loans 
 I certify
that I am the duly elected and qualified Secretary of NeoPhotonics Corporation (the “Corporation”); that the following is a true and correct copy of resolutions duly adopted by the Board of Directors of the Corporation in accordance
with its bylaws and applicable statutes. 
 Copy of Resolutions: 
 Be it Resolved, That: 
  

	1.	Any one (1) of the following Chief Executive Officer and Chief Financial Officer of the Corporation are/is authorized, for, on behalf of, and in the name of the
Corporation to: 

  

	 	(a)	Negotiate and procure loans, letters of credit and other credit or financial accommodations from Comerica Bank (“Bank”), including, without limitation, that
certain Loan and Security Agreement dated as December 20, 2007, as amended from time to time, including but not limited to that certain First Amendment to Loan and Security Agreement dated as of December 18, 2008, that certain Second
Amendment to Loan and Security Agreement dated as of December 11, 2009 and that certain Third Amendment to Loan and Security Agreement and Waiver and Consent dated as of September 29, 2011 (collectively, the “Agreement”);

  

	 	(b)	Discount with the Bank, commercial or other business paper belonging to the Corporation made or drawn by or upon third parties, without limit as to amount;

  

	 	(c)	Purchase, sell, exchange, assign, endorse for transfer and/or deliver certificates and/or instruments representing stocks, bonds, evidences of Indebtedness or other
securities owned by the Corporation, whether or not registered in the name of the Corporation; 

  

	 	(d)	Give security for any liabilities of the Corporation to the Bank by grant, security interest, assignment, lien, deed of trust or mortgage upon any real or personal
property, tangible or intangible of the Corporation; and 

  

	 	(e)	Execute and deliver in form and content as may be required by the Bank any and all notes, evidences of Indebtedness, applications for letters of credit, guaranties,
subordination agreements, loan and security agreements, financing statements, assignments, liens, deeds of trust, mortgages, trust receipts and other agreements, instruments or documents to carry out the purposes of these Resolutions, any or all of
which may relate to all or to substantially all of the Corporation’s property and assets. 

  

	2.	Said Bank be and it is authorized and directed to pay the proceeds of any such loans or discounts as directed by the persons so authorized to sign, in accordance with
the Agreement. 

  

	3.	Any and all agreements, instruments and documents previously executed and acts and things previously done to carry out the purposes of these Resolutions are ratified,
confirmed and approved as the act or acts of the Corporation. 

  

	4.	These Resolutions shall continue in force, and the Bank may consider the holders of said offices and their signatures to be and continue to be as set forth in a
certified copy of these Resolutions delivered to the Bank, until notice to the contrary in writing is duly served on the Bank (such notice to have no effect on any action previously taken by the Bank in reliance on these Resolutions).

  

	5.	Any person, corporation or other legal entity dealing with the Bank may rely upon a certificate signed by an officer of the Bank to the effect that these Resolutions
and any agreement, instrument or document executed pursuant to them are still in full force and effect and binding upon the Corporation. 

  
 1 

	6.	The Bank may consider the holders of the offices of the Corporation and their signatures, respectively, to be and continue to be as set forth in the Certificate of the
Assistant Secretary of the Corporation until notice to the contrary in writing is duly served on the Bank. 

 I further certify
that the above Resolutions are in full force and effect as of the date of this Certificate; that these Resolutions and any borrowings or financial accommodations under these Resolutions have been properly noted in the corporate books and records,
and have not been rescinded, annulled, revoked or modified; that neither the foregoing Resolutions nor any actions to be taken pursuant to them are or will be in contravention of any provision of the certificate of incorporation or bylaws of the
Corporation or of any agreement, indenture or other instrument to which the Corporation is a party or by which it is bound; and that neither the certificate of incorporation nor bylaws of the Corporation nor any agreement, indenture or other
instrument to which the Corporation is a party or by which it is bound require the vote or consent of shareholders of the Corporation to authorize any act, matter or thing described in the foregoing Resolutions. 

I further certify that the following named persons have been duly elected to the offices set opposite their respective names, that they continue to hold
these offices at the present time, and that the signatures which appear below are the genuine, original signatures of each respectively: 
 (PLEASE SUPPLY GENUINE SIGNATURES OF AUTHORIZED SIGNERS BELOW) 
  

					
	 NAME (Type or Print)
	 	 TITLE
	 	 SIGNATURE

		 		 	
	  
	 	  
	 	  

		 		 	
	  
	 	  
	 	  

		 		 	
	  
	 	  
	 	  

		 		 	
	  
	 	  
	 	  

		 		 	
	  
	 	  
	 	  

		 		 	
	  
	 	  
	 	  

 In Witness Whereof, I have affixed my name as Secretary and have caused the corporate seal (where available) of said
Corporation to be affixed on September 29, 2011. 
  

							
		 		 		 	  

		 		 		 	Secretary

  

					
	The Above Statements are Correct.	 		 	  

		 		 	SIGNATURE OF OFFICER OR DIRECTOR OR, IF NONE. A SHAREHOLDER OTHER THAN ASSISTANT SECRETARY WHEN ASSISTANT SECRETARY IS AUTHORIZED TO SIGN ALONE

 Failure to complete the above when the Assistant Secretary is authorized to sign alone shall constitute a certification
by the Assistant Secretary that the Assistant Secretary is the sole Shareholder, Director and Officer of the Corporation. 

  
 2 

 COMERICA BANK 
 Member FDIC 
 ITEMIZATION OF AMOUNT FINANCED 

DISBURSEMENT INSTRUCTIONS 
 (Acquisition Line) 

					
	 Name: NEOPHOTONICS CORPORATION
	 		 	Date: September 29, 2011

 $20,000,000 credited to deposit account No.             when
Acquisition Advances are requested or disbursed to Borrower by cashiers check or wire transfer 
 Amounts paid to others on your behalf:

  

			
	$            	 	 to Comerica Bank for Loan Fee

		
	$            	 	 to Comerica Bank for Document Fee

		
	$            	 	 to Comerica Bank for accounts receivable audit (estimate)

		
	$            	 	 to Bank counsel fees and expenses

		
	$            	 	 to

		
	$            	 	 to

		
	$            	 	 TOTAL (AMOUNT FINANCED)

 Upon consummation of this transaction, this document will also serve as the authorization for Comerica
Bank to disburse the loan proceeds as stated above. 
  

			
	  
	 	  

	Signature	 	Signature

 COMERICA BANK 
 Member FDIC 
 ITEMIZATION OF AMOUNT FINANCED 

DISBURSEMENT INSTRUCTIONS 
 (Equipment Line B) 

					
	 Name: NEOPHOTONICS CORPORATION
	 		 	Date: September 29, 2011

 $7,000,000 credited to deposit account No.             when
Equipment Line B Advances are requested or disbursed to Borrower by cashiers check or wire transfer 
 Amounts paid to others on
your behalf: 
  

			
	$            	 	to Comerica Bank for Loan Fee
		
	$            	 	to Comerica Bank for Document Fee
		 	
	$            	 	to Comerica Bank for accounts receivable audit (estimate)
		 	
	$            	 	to Bank counsel fees and expenses
		 	
	$            	 	to
		 	
	$            	 	to
		 	
	$            	 	TOTAL (AMOUNT FINANCED)

 Upon consummation of this transaction, this document will also serve as the authorization for Comerica
Bank to disburse the loan proceeds as stated above. 
  

			
	  
	 	  

	Signature	 	Signature

 AFFIRMATION OF GUARANTIES AND THIRD PARTY SECURITY AGREEMENTS

 This AFFIRMATION OF GUARANTIES AND THIRD PARTY SECURITY AGREEMENTS is made as of September 29, 2011 by the
undersigned (collectively and individually, “Guarantor”) for the benefit of Comerica Bank (“Bank”). 

RECITALS 

Bank and NeoPhotonics Corporation (“Borrower”) are parties to that certain Loan and Security Agreement dated as of
December 20, 2007, as amended from time to time (the “Loan Agreement”). Each Guarantor executed for the benefit of Bank an Unconditional Guaranty dated as of December 20, 2007 (individually and collectively, the
“Guaranty”), guarantying all amounts owing by Borrower to Bank. Each Guarantor also executed for the benefit of Bank a Third Party Security Agreement dated December 20, 2007, granting to Bank a security interest in the collateral
described therein (individually and collectively, the “Security Agreement”). Borrower and Bank propose to enter into a Third Amendment to Loan and Security Agreement and Waiver and Consent of even date herewith (the “Amendment”),
which amends the Loan Agreement. Bank has agreed to enter into the Amendment provided, among other things, that each Guarantor consent to the entry by Borrower into the Amendment and related documents and agrees that each Guaranty will remain
effective as set forth herein. 
 AGREEMENT 
 NOW, THEREFORE, each Guarantor agrees as follows: 
 Each Guarantor consents to the execution,
delivery and performance by Borrower of the Amendment and the documents and instruments executed in connection therewith, as well as all other amendments and modifications to the Loan Agreement. 

1. The Guaranty and the Security Agreement shall remain in full force and effect with respect to all of Borrower’s obligations under
the Loan Agreement as amended by the Amendment and otherwise. Each Guarantor confirms that such Guarantor has no defenses against its obligations under the Guaranty or the Security Agreement. 

2. Each Guarantor represents and warrants that the representations, warranties and covenants contained in the Guaranty and the Security
Agreement are true and correct as of the date of this Amendment and remain in full force and effect. Unless otherwise defined, all capitalized terms in this Affirmation shall be as defined in the Guaranty or the Security Agreement, as applicable.

 3. Each Guarantor represents and warrants that the security interest granted Bank pursuant to the Security Agreement of even
date therewith remains in full force and effect as a first in priority perfected security interest against the Collateral identified therein (subject to liens of the same nature as the Permitted Liens defined in the Loan Agreement). 

[signatures on following page] 

  
 -1-

 IN WITNESS WHEREOF, the undersigned Guarantor has executed this Affirmation as of the first
date above written. 
  

			
	GUARANTORS:
	
	LIGHTCONNECT, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

		 	
	BEAMEXPRESS, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	PAXERA LLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	OPTUN, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	LIGHTWAVE MICROSYSTEMS CORPORATION
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 -2-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00196-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00196-of-00352.parquet"}]]