Document:

Standard Sublease Multi-Tenant

 Exhibit 10.37 
 STANDARD SUBLEASE MULTI-TENANT 
 1. Basic Provisions (“Basic
Provisions”). 
 1.1 Parties: This Sublease (“Sublease”), dated for reference purposes only, is made
by and between J Gelt Corporation dba Casa Pacifica, a California corporation, (“Sublessor”), and Real Health Laboratories, Inc., a California corporation, (“Sublessee”), (collectively the
“Parties,” or individually a “Party”). 
 1.2 Premises. 
 a. That certain real property, including all improvements therein commonly known as 1424 30th Street, City of San Diego, County of San Diego, State of California, generally described as an office and warehouse facility and further set forth in
Attachment A (“Premises”). In addition to Sublessee’s rights to use and occupy the Premises as hereinafter specified, Sublessee shall have nonexclusive rights to the Common Areas as hereinafter specified, but shall not have any
rights to the roof, the exterior walls, or the utility raceways of the building containing the Premises (“Building”) or to any other buildings in the Project. The Premises, the Building, the Common Areas, the land upon which they
are located, along with all other buildings and improvements thereon, are herein collectively referred to as the “Project.” 
 b. Parking: Sublessee shall be entitled to the use of two (2) parking spaces designated in Attachment A. 
 1.3
Term: Commencing April 1, 2006, (“Commencement Date”) and ending either February 28, 2008, or May 12, 2009 (“Expiration Date”). The Expiration Date is dependent upon Sublessor exercising its
option to renew its Master Lease with Master Lessor. 
 1.4 Early Possession: N/A 
 1.5 Base Rent: $1,411.70 per month (“Base Rent”), payable on the first day of each month commencing March 6, 2006.

 Base Rent shall be adjusted as follows: 
  

				
	 Period
	  	Base Rent
	 March 1, 2007, to February 29, 2008
	  	$	1,454.05
		
	 March 1, 2008, to February 28, 2009
	  	$	1,497.67
		
	 March 1, 2009, to May 12, 2009
	  	$	1,542.61

 1.6 Sublessee’s Share of Operating Expenses: N/A 
 1.7 Base Rent and Other Monies Paid Upon Execution: 
 a. Base Rent: $1,411.70 
  

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 b. Security Deposit: $1,411.70 
 c. Other: N/A. 
 d. Total Due
Upon Execution of this Lease: $2,823.40. 
 1.8 Agreed Use: Office and warehouse. 
 1.9 Real Estate Brokers: The Parties each represent and warrant to the other that it has had no dealings with any person, firm, broker or finder
in connection with this Sublease. 
 1.10 Guarantor. There is no guarantor for the obligations of the Sublessee under this Sublease.

 1.11 Attachments. Attached hereto are the following, all of which constitute a part of this Sublease: 
 Attachment “A”: description of subleased Premises and designated parking spaces 
 2. Premises. 
 2.1 Letting.
Sublessor hereby subleases to Sublessee, and Sublessee hereby subleases from Sublessor, the Premises, for the term, at the rental, and upon all of the terms, covenants and conditions set forth in this Sublease and its Attachments. Unless otherwise
provided herein, any statement of size set forth in this Sublease, or that may have been used in calculating Rent, is an approximation that the Parties agree is reasonable and any payments based thereon are not subject to revision whether or not the
actual size is more or less. 
 2.2 Condition. Sublessee is familiar with the Premises and Sublessor shall deliver the Premises to
Sublessee in its existing condition on the Commencement Date (“Start Date”). 
 2.3 Compliance. Sublessor makes no
warrants or representations that any improvements, alterations or utility installations made or installed on the Premises comply with all applicable covenants or restrictions of record and applicable building codes, regulations and ordinances
(“Applicable Requirements”) in effect on the date that they were made or installed. Sublessor makes no warranty as to the use to which Sublessee will put the Premises or to modifications that may be required by the Americans with
Disabilities Act or any similar laws as a result of Sublessee’s use. NOTE: Sublessee is responsible for determining whether or not the zoning and other Applicable Requirements are appropriate for Sublessee’s intended use, and
acknowledges that past uses of the Premises may no longer be allowed. 
 2.4 As-Is Condition. Sublessee agrees that it is leasing
the Premises on an “AS-IS” basis, with all defects, without any representation or warranty by Sublessor or its agents as to the condition of the Premises or its fitness for Sublessee’s use, and subject to all applicable zoning,
municipal, county and state laws, ordinances and regulations governing and regulating the use of the Premises, and any easements, covenants or restrictions of record. Sublessee acknowledges that Sublessor and its agents have not made any
representations or warranties that the Premises or the Building comply with any legal requirements, including, but not limited to, 
  

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 Title 24, any transportation management plans, or any laws relating to hazardous substances or materials, and as a
material inducement to Sublessor, Sublessee assumes any and all responsibility for causing the Premises to comply with all legal requirements throughout the term. Sublessee acknowledges that it has satisfied itself that the Premises are suitable for
its intended use. Sublessor shall have no obligation to do any work in and to the Premises in order to prepare the Premises for occupancy or use by Sublessee. 
 2.5 Acknowledgements. Sublessee warrants that: (a) it has been advised by Sublessor to satisfy itself with respect to the size and condition of the Premises (including but not limited to the electrical,
HVAC and fire sprinkler systems, security, environmental aspects, and compliance with Applicable Requirements and the Americans with Disabilities Act), and their suitability for Sublessee’s intended use, (b) Sublessee has made such
investigation as it deems necessary with reference to such matters and assumes all responsibility therefor as the same relate to its occupancy of the Premises, and (c) neither Sublessor nor Sublessor’s agents have made any oral or written
representations or warranties with respect to said matters other than as set forth in this Sublease. 
 2.6 Americans with Disabilities
Act. In the event that as a result of Sublessee’s use, or intended use, of the Premises the Americans with Disabilities Act or any similar law requires modifications or the construction or installation of improvements in or to the Premises,
Building, Project and/or Common Areas, the Parties agree that such modifications, construction or improvements shall be made at Sublessee’s expense. 
 2.7 Vehicle Parking. Sublessee shall be entitled to use the number of unreserved parking spaces and reserved parking spaces specified in Section 1.2(b) on those portions of the Common Areas designated from
time to time for parking. Sublessee shall not use more parking spaces than said number. Sublessor may regulate the loading and unloading of vehicles by adopting Rules and Regulations as provided in Section 2.10. No vehicles other than Permitted
Size Vehicles may be parked in the Common Area without the prior written permission of Sublessor. 
 a. Sublessee shall not permit or allow
any vehicles that belong to or are controlled by Sublessee or Sublessee’s employees, suppliers, shippers, customers, contractors or invitees to be loaded, unloaded, or parked in areas other than those designated by Sublessor for such
activities. 
 b. Sublessee shall not service or store any vehicles in the Common Areas. 
 c. If Sublessee permits or allows any of the prohibited activities described in this Section, then Sublessor shall have the right, without notice, in
addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved and charge the cost to Sublessee, which cost shall be immediately payable upon demand by Sublessor. 
 2.8 Common Areas - Definition. The term “Common Areas” is defined as all areas and facilities outside the Premises and within the
exterior boundary line of the Project 
  

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 and interior utility raceways and installations within the Premises that are provided and designated by the Sublessor
from time to time for the general nonexclusive use of Sublessor, Sublessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading
areas, trash areas, roadways, walkways, driveways and landscaped areas. 
 3. Possession. 
 3.1 Early Possession. There is no early possession period under this Sublease. 
 3.2 Delay in Commencement. Sublessor agrees to use its best commercially reasonable efforts to deliver possession of the Premises by the
Commencement Date. 
 3.3 Sublessee Compliance. Sublessor shall not be required to tender possession of the Premises to Sublessee
until Sublessee complies with its obligation to provide evidence of insurance. Pending delivery of such evidence, Sublessee shall be required to perform all of its obligations under this Sublease from and after the Start Date, including the payment
of Rent, notwithstanding Sublessor’s election to withhold possession pending receipt of such evidence of insurance. Further, if Sublessee is required to perform any other conditions prior to or concurrent with the Start Date, the Start Date
shall occur but Sublessor may elect to withhold possession until such conditions are satisfied. 
 4. Rent and Other Charges.

 4.1 Rent Defined. All monetary obligations of Sublessee to Sublessor under the terms of this Sublease are deemed to be rent
(“Rent”). Rent shall be payable in lawful money of the United States, or by means of other consideration, to Sublessor at the address stated herein or to such other persons or at such other places as Sublessor may designate in
writing. 
 a. Common Area Operating Expenses. Sublessee shall not be required to pay Common Area Operating Expenses to Sublessor
during the term 
 4.2 Payment. Sublessee shall cause payment of Rent to be received by Sublessor in lawful money of the United States
on or before the day on which it is due, without offset or deduction. Rent for any period during the term hereof which is for less than one full calendar month shall be prorated based upon the actual number of days of said month. Payment of Rent
shall be made to Sublessor at its address stated herein or to such other persons or place as Sublessor may from time to time designate in writing. Acceptance of a payment which is less than the amount then due shall not be a waiver of
Sublessor’s rights to the balance of such Rent, regardless of Sublessor’s endorsement of any check so stating. In the event that any check, draft, or other instrument of payment given by Sublessee to Sublessor is dishonored for any reason,
Sublessee agrees to pay to Sublessor the sum of $25. 
 4.3 Utilities. Sublessee shall pay for all gas, heat, light, power, telephone,
trash disposal and other utilities and services supplied to the Premises, together with any taxes thereon. If any such services are not separately metered or billed to Sublessor or Sublessee, Sublessee shall pay a reasonable proportion, to be
determined by Sublessor, of all charges jointly metered or billed. The Parties intend that a separate electric meter will be installed for the Premises and that Sublessee shall be solely responsible for all associated costs. 
  

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 5. Security Deposit and Default. Sublessee shall deposit with Sublessor upon execution hereof the
Security Deposit as security for Sublessee’s faithful performance of its obligations under this Lease. If Sublessee fails to pay Rent or other charges or otherwise Defaults under this Sublease, Sublessor may use, apply or retain all or any
portion of said Security Deposit for the payment of any amount due Sublessor or to reimburse or compensate Sublessor for any liability, expense, loss or damage which Sublessor may suffer or incur by reason thereof. Sublessee waives the provisions of
California Civil Code Section 1950.7, and all other provisions of law now in force or that become in force after the date of execution of this Sublease, that provide that Sublessor may claim from a security deposit only those sums reasonably
necessary to remedy defaults in the payment of Rent, to repair damage caused by Sublessee, or to clean the Subleased Premises. If Sublessor uses or applies all or any portion of the Security Deposit, Sublessee shall within 10 days after written
request therefor deposit monies with Sublessor sufficient to restore said Security Deposit to the full amount required by this Lease and Sublessee’s failure to do so shall be a material breach of this Sublease. Sublessor’s application or
retention of the Security Deposit shall not constitute a waiver of Sublessee’s default to the extent that the Security Deposit does not fully compensate Sublessor for all losses or damages incurred by Sublessor in connection with such Default
and shall not prejudice any other rights or remedies available to Sublessor under this Sublease or by law. If the Base Rent increases during the term of this Lease, Sublessee shall, upon written request from Sublessor, deposit additional moneys with
Sublessor so that the total amount of the Security Deposit shall at all times bear the same proportion to the increased Base Rent as the initial Security Deposit bore to the initial Base Rent. Should the Agreed Use be amended to accommodate a
material change in the business of Sublessee or to accommodate a sublessee or assignee, Sublessor shall have the right to increase the Security Deposit to the extent necessary, in Sublessor’s reasonable judgment, to account for any increased
wear and tear that the Premises may suffer as a result thereof. If a change in control of Sublessee occurs during this Sublease and following such change the financial condition of Sublessee is, in Sublessor’s reasonable judgment, significantly
reduced, Sublessee shall deposit such additional monies with Sublessor as shall be sufficient to cause the Security Deposit to be at a commercially reasonable level based on such change in financial condition. Sublessor shall not be required to keep
the Security Deposit separate from its general accounts. Within 14 days after the expiration or termination of this Lease, if Sublessor elects to apply the Security Deposit only to unpaid Rent, and otherwise within 30 days after the Premises have
been vacated pursuant to this Sublease, Sublessor shall return that portion of the Security Deposit not used or applied by Sublessor. No part of the Security Deposit shall be considered to be held in trust, to bear interest or to be prepayment for
any monies to be paid by Sublessee under this Lease. 
 6. Agreed Use. The Premises shall be used and occupied only for office and
warehouse uses and for no other purpose. 
  

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 7. Master Lease. 
 7.1 Sublessor is the lessee of the Premises by virtue of a lease, hereinafter the “Master Lease,” wherein Jonathan D. Glasier and Elizabeth Glasier Trust, dated 3/8/05, and Joel Gattey are,
collectively, the lessor, hereinafter the “Master Lessor.” 
 7.2 This Sublease is and shall be at all times subject and
subordinate to the Master Lease. 
 7.3 The terms, conditions and respective obligations of Sublessor and Sublessee to each other under this
Sublease shall be the terms and conditions of the Master Lease except for those provisions of the Master Lease which are directly contradicted by this Sublease in which event the terms of this Sublease document shall control over the Master Lease.
All applicable terms and conditions of the Master Lease are incorporated into and made part of this Sublease. For the purposes of this Sublease, wherever in the Master Lease the word “Lessor” is used it shall be deemed to mean the
Sublessor herein and wherever in the Master Lease the word “Lessee” is used it shall be deemed to mean the Sublessee herein. 
 7.4
During the term of this Sublease and for all periods subsequent for obligations that have arisen prior to the termination of this Sublease, Sublessee does hereby expressly assume and agree to perform and comply with, for the benefit of Sublessor and
Master Lessor, each and every obligation of Sublessor under the Master Lease. 
 7.5 The obligations that Sublessee has assumed under
Section 7.4 hereof are hereinafter referred to as the “Sublessee’s Assumed Obligations.” 
 7.6 Sublessee shall
hold Sublessor free and harmless from all liability, judgments, costs, damages, claims or demands, including reasonable attorneys’ fees, arising out of Sublessee’s failure to comply with or perform Sublessee’s Assumed Obligations.

 7.7 Sublessor agrees to maintain the Master Lease during the entire term of this Sublease, subject, however, to any earlier termination of
the Master Lease without the fault of the Sublessor 
 7.8 Sublessor represents to Sublessee that the Master Lease is in full force and
effect and that no default exists on the part of any Party to the Master Lease. 
 7.9 Sublessee shall have the right to assign or sublet the
subleased Premises in accordance with the terms and conditions of Section 12 of the Master Lease. Sublessee shall not assign or sublet all or any part of Sublessee’s interest in this Sublease or in the Premises without first complying with
the terms and conditions of Section 12 of the Master Lease. Sublessee acknowledges and agrees to the provisions contained in Section 12 of the Master Lease pertaining to assignment and subletting of the Premises. 
 8. Insurance; Indemnity. In accordance with the terms and conditions of Section 8 and any other insurance or indemnification provisions of
the Master Lease, Sublessee shall obtain and keep in force all policies of insurance and endorsements protecting Sublessor and Master Lessor as additional insureds against claims for bodily injury, personal injury and 
  

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 property damage based upon or arising out of the ownership, use, occupancy or maintenance of the Premises and all areas
appurtenant thereto and Sublessee shall obtain and keep in force all other policies of insurance and endorsements required under Section 8. Sublessee shall be responsible for payment of all such insurance premiums. 
 9. Hazardous Substances. Sublessee shall not engage in any activity in or on the Premises which constitutes a Reportable Use of Hazardous
Substances without the express prior written consent of Sublessor and Master Lessor. 
 10. Assignment of Sublease and Default.

 10.1 Sublessor hereby assigns and transfers to Master Lessor the Sublessor’s interest in this Sublease, subject however to the
provisions of Section 10.2 hereof. 
 10.2 Master Lessor, by executing this document, agrees until a Default shall occur in the
performance of Sublessor’s obligations under the Master Lease, that Sublessor may receive, collect and enjoy the Rent accruing under this Sublease. However, if Sublessor shall Default in the performance of its obligations to Master Lessor then
Master Lessor may, at its option, receive and collect, directly from Sublessee, all Rent owing and to be owed under this Sublease. Master Lessor shall not, by reason of this assignment of the Sublease nor by reason of the collection of the Rent from
the Sublessee, be deemed liable to Sublessee for any failure of the Sublessor to perform and comply with Sublessor’s remaining obligations. 
 10.3 Sublessor hereby irrevocably authorizes and directs Sublessee upon receipt of any written notice from the Master Lessor stating that a Default exists in the performance of Sublessor’s obligations under the Master Lease, to pay to
Master Lessor the Rent due and to become due under the Sublease. Sublessor agrees that Sublessee shall have the right to rely upon any such statement and request from Master Lessor, and that Sublessee shall pay such Rent to Master Lessor without any
obligation or right to inquire as to whether such Default exists and notwithstanding any notice from or claim from Sublessor to the contrary and Sublessor shall have no right or claim against Sublessee for any such Rent so paid by Sublessee.

 10.4 No changes or modifications shall be made to this Sublease without the consent of Master Lessor. 
 11. Consent of Master Lessor. 
 11.1 In the event that the Master Lease requires that Sublessor obtain the consent of Master Lessor to any subletting by Sublessor then, this Sublease shall not be effective unless, within 10 days of the date hereof, Master Lessor signs
this Sublease thereby giving its consent to this Subletting. 
 11.2 In the event that the obligations of the Sublessor under the Master
Lease have been guaranteed by third parties then neither this Sublease, nor the Master Lessor’s consent, shall be effective unless, within 10 days of the date hereof, said guarantors sign this Sublease thereby giving their consent to this
Sublease. 
 11.3 In the event that Master Lessor does give such consent then: 
 a. Such consent shall not release Sublessor of its obligations or alter the primary liability of Sublessor to pay the Rent and perform and comply with
all of the obligations of Sublessor to be performed under the Master Lease. 
  

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 b. The acceptance of Rent by Master Lessor from Sublessee or any one else liable under the Master Lease
shall not be deemed a waiver by Master Lessor of any provisions of the Master Lease. 
 c. The consent to this Sublease shall not constitute
a consent to any subsequent subletting or assignment. 
 d. In the event of any Default of Sublessor under the Master Lease, Master Lessor
may proceed directly against Sublessor, any guarantors or any one else liable under the Master Lease or this Sublease without first exhausting Master Lessor’s remedies against any other person or entity liable thereon to Master Lessor.

 e. Master Lessor may consent to subsequent sublettings and assignments of the Master Lease or this Sublease or any amendments or
modifications thereto without notifying Sublessor or any one else liable under the Master Lease and without obtaining their consent and such action shall not relieve such persons from liability. 
 f. In the event that Sublessor shall Default in its obligations under the Master Lease, then Master Lessor, at its option and without being obligated to
do so, may require Sublessee to attorn to Master Lessor in which event Master Lessor shall undertake the obligations of Sublessor under this Sublease from the time of the exercise of said option to termination of this Sublease but Master Lessor
shall not be liable for any prepaid Rent nor any Security Deposit paid by Sublessee, nor shall Master Lessor be liable for any other Defaults of the Sublessor under the Sublease. 
 11.4 The signatures of the Master Lessor and any Guarantors of Sublessor at the end of this document shall constitute their consent to the terms of this
Sublease. 
 11.5 Master Lessor acknowledges that, to the best of Master Lessor’s knowledge, no Default presently exists under the
Master Lease of obligations to be performed by Sublessor and that the Master Lease is in full force and effect. 
 11.6 In the event that
Sublessor Defaults under its obligations to be performed under the Master Lease by Sublessor, Master Lessor agrees to deliver to Sublessee a copy of any such notice of default. Sublessee shall have the right to cure any Default of Sublessor
described in any notice of default within ten days after service of such notice of default on Sublessee. If such Default is cured by Sublessee then Sublessee shall have the right of reimbursement and offset from and against Sublessor. 
 12. Indemnity. Except for Sublessor’s gross negligence or willful misconduct, Sublessee shall indemnify, protect, defend and hold harmless
Sublessor, its agents and Master Lessor from and against any and all claims, loss of rents and/or damages, liens, judgments, penalties, attorneys’ and consultants’ fees, expenses and/or liabilities arising out of, involving, or in
connection with, the use and/or occupancy of the Premises by Sublessee. If any action or 
  

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 proceeding is brought against Sublessor by reason of any of the foregoing matters, Sublessee shall upon notice defend the
same at Sublessee’s expense by counsel reasonably satisfactory to Sublessor and Sublessor shall cooperate with Sublessee in such defense. Sublessor need not have first paid any such claim in order to be defended or indemnified. 
 13. Representations and Indemnities of Broker Relationships. The Parties each represent and warrant to the other that it has had no dealings with
any person, firm, broker or finder in connection with this Sublease, and that no one is entitled to any commission or finder’s fee in connection herewith. Sublessee and Sublessor do each hereby agree to indemnify, protect, defend and hold the
other harmless from and against liability for compensation or charges which may be claimed by any such unnamed broker, finder or other similar party by reason of any dealings or actions of the indemnifying Party, including any costs, expenses,
attorneys’ fees reasonably incurred with respect thereto. 
 14. Attorney’s Fees. If any Party brings an action or
proceeding in connection with the Sublease whether founded in tort, contract or equity, or to declare rights hereunder, the Prevailing Party (as hereafter defined) in any such proceeding, action, or appeal thereon, shall be entitled to reasonable
attorneys’ fees. Such fees may be awarded in the same suit or recovered in a separate suit, whether or not such action or proceeding is pursued to decision or judgment. The term, “Prevailing Party” shall include, without
limitation, a Party or third party who substantially obtains or defeats the relief sought, as the case may be, whether by compromise, settlement, judgment, or the abandonment by the other Party or third party of its claim or defense. The
attorneys’ fees award shall not be computed in accordance with any court fee schedule, but shall be such as to fully reimburse all attorneys’ fees reasonably incurred. In addition, Sublessor shall be entitled to attorneys’ fees, costs
and expenses incurred in the preparation and service of notices of Default and consultations in connection therewith, whether or not a legal action is subsequently commenced in connection with such Default or resulting Breach ($200 is a reasonable
minimum per occurrence for such services and consultation). 
 15. Severability. If any provision of this Sublease is held invalid or
unenforceable by any court of competent jurisdiction, the other provisions of this Sublease will remain in full force and effect. Any provision of this Sublease held invalid or unenforceable only in part or degree will remain in full force and
effect to the extent not held invalid or unenforceable. 
 16. Further Assurances. The Parties agree (a) to furnish upon request
to each other such further information, (b) to execute and deliver to each other such other documents, and (c) to do such other acts and things, all as the other Party may reasonably request for the purpose of carrying out the intent of
this Sublease and the documents referred to in this Sublease. 
 17. Governing Law. This Sublease will be governed by the laws of the
State of California without giving effect to any choice or conflict of law provision or rule that would cause the application of the laws of any jurisdiction other than the State of California. 
 18. Specific Performance. The Parties acknowledge and agree that the other Party would be damaged irreparably in the event any of the provisions
of this Sublease are not performed in accordance with their specific terms or otherwise are breached. Accordingly, each of the Parties agrees that the other Party shall be entitled to an injunction or injunctions to 
  

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 prevent breaches of the provisions of this Sublease and to enforce specifically this Sublease and the terms and
provisions hereof in any action instituted in any court of the state having jurisdiction over the Parties and the matter, in addition to any other remedy to which it may be entitled, at law or in equity. 
 19. Counterparts. This Sublease may be executed in one or more counterparts, each of which will be deemed to be an original copy of this Sublease
and all of which, when taken together, will be deemed to constitute one and the same agreement. 
  

							
	 Date: March 6, 2006
	 	Date: March 6, 2006
		
	By SUBLESSOR:	 	By SUBLESSEE:
		
	J Gelt Corporation	 	Real Health Laboratories, Inc.
				
		 	 /s/ LuBa Vaisman
	 	By:	 	 /s/ John Dullea

		 	LuBa Vaisman, President	 	Name:	 	John Dullea
		 		 	Title:	 	President
				
	By:	 	 /s/ Tatyana Cohen
	 		 	
	Name:	 	Tatyana Cohen	 		 	
	Title:	 	Vice President	 		 	
				
		 	 /s/ Irina Bokin
	 		 	
		 	Irina Bokin, Director	 		 	
			
	Consent to the above sublease is hereby given:	 		 	
			
	Date: 07/08/06	 		 	
			
	By MASTER LESSOR:	 		 	
				
	By:	 	 /s/ J. Glasier
	 		 	
	Name:	 		 		 	
	Title:	 		 		 	

  

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 ATTACHMENT A 
 FLOOR PLAN FOR PREMISESPrepared by R.R. Donnelley Financial -- 2006 Equity Incentive Plan

 Exhibit 10.4 
 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 1. Purposes of the Plan. The purposes of this Plan are: 
  

	 	•	 	to attract and retain the best available personnel for positions of substantial responsibility, 

  

	 	•	 	to provide incentives to individuals who perform services to the Company, and 

  

	 	•	 	to promote the success of the Company’s business. 

 The Plan permits the grant of Incentive Stock Options, Nonstatutory Stock Options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units, Performance Shares and other stock or cash awards as the
Administrator may determine. 
 2. Definitions. As used herein, the following definitions will apply: 
 (a) “Administrator” means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the
Plan. 
 (b) “Affiliate” means any corporation or any other entity (including, but not limited to, partnerships and joint
ventures) controlling, controlled by, or under common control with the Company. 
 (c) “Annual Revenue” means the
Company’s or a business unit’s net sales for the Performance Period, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Performance Period, the Administrator shall determine whether
any significant item(s) shall be excluded or included from the calculation of Annual Revenue with respect to one or more Participants. 
 (d)
“Applicable Laws” means the requirements relating to the administration of equity-based awards under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the
Common Stock is listed or quoted and the applicable laws of any foreign country or jurisdiction where Awards are, or will be, granted under the Plan. 
 (e) “Award” means, individually or collectively, a grant under the Plan of Options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units, Performance Shares and other
stock or cash awards as the Administrator may determine. 
 (f) “Award Agreement” means the written or electronic agreement
setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the Plan. 

 (g) “Board” means the Board of Directors of the Company. 
 (h) “Cash Collections” means the actual cash or other freely negotiable consideration, in any currency, received in satisfaction of
accounts receivable created by the sale of any Company products or services. 
 (i) “Change in Control” means the occurrence
of any of the following events: 
 (i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes
the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then
outstanding voting securities; 
 (ii) The consummation of the sale or disposition by the Company of all or substantially all of the
Company’s assets; 
 (iii) A change in the composition of the Board occurring within a two-year period, as a result of which fewer than
a majority of the directors are Incumbent Directors. “Incumbent Directors” means directors who either (A) are Directors as of the effective date of the Plan, or (B) are elected, or nominated for election, to the Board with the
affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but will not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to
the election of directors to the Company); or 
 (iv) The consummation of a merger or consolidation of the Company with any other
corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities
of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

 (j) “Code” means the Internal Revenue Code of 1986, as amended. Any reference to a section of the Code herein will be a
reference to any successor or amended section of the Code. 
 (k) “Committee” means a committee of Directors or of other
individuals satisfying Applicable Laws appointed by the Board in accordance with Section 4 hereof. 
 (l) “Common
Stock” means the common stock of the Company. 
 (m) “Company” means Occam Networks, Inc., a Delaware corporation,
or any successor thereto. 
 (n) “Consultant” means any person, including an advisor, engaged by the Company or its
Affiliates to render services to such entity. 
  

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 (o) “Customer Satisfaction MBOs” means as to any Participant, the objective and
measurable individual goals set by a “management by objectives” process and approved by the Administrator, which goals relate to the satisfaction of external or internal customer requirements. 
 (p) “Determination Date” means the latest possible date that will not jeopardize the qualification of an Award granted under the Plan as
“performance-based compensation” under Section 162(m) of the Code. 
 (q) “Director” means a member of the
Board. 
 (r) “Disability” means total and permanent disability as defined in Section 22(e)(3) of the Code, provided
that in the case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform and non-discriminatory standards adopted by the Administrator
from time to time. 
 (s) “Earnings Per Share” means as to any Performance Period, the Company’s Net Income or a
business unit’s Pro Forma Net Income, divided by a weighted average number of Shares outstanding and dilutive common equivalent Shares deemed outstanding. 
 (t) “Employee” means any person, including Officers and Directors, employed by the Company or its Affiliates. Neither service as a Director nor payment of a director’s fee by the Company will be
sufficient to constitute “employment” by the Company. 
 (u) “Exchange Act” means the Securities Exchange Act of
1934, as amended. 
 (v) “Fair Market Value” means, as of any date, the value of Common Stock as the Administrator may
determine in good faith by reference to the price of such stock on any established stock exchange or a national market system, including without limitation The Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, on the
day of determination if the Common Stock is so listed on any established stock exchange or a national market system. If the Common Stock is not listed on any established stock exchange or a national market system, the value of the Common Stock will
be determined by the Administrator in good faith. 
 (w) “Fiscal Year” means the fiscal year of the Company. 
 (x) “Incentive Stock Option” means an Option that by its terms qualifies and is otherwise intended to qualify as an incentive stock
option within the meaning of Section 422 of the Code and the regulations promulgated thereunder. 
 (y) “Net Income”
means as to any Performance Period, the income after taxes of the Company determined in accordance with generally accepted accounting principles, provided that prior to the Performance Period, the Administrator shall determine whether any
significant item(s) shall be included or excluded from the calculation of Net Income with respect to one or more participants. 
  

 -3- 

 (z) “New Orders” means as to any Performance Period, the firm orders for a system,
product, part, or service that are being recorded for the first time as defined in the Company’s order recognition policy. 
 (aa)
“Non-Owner Outside Director” means an Outside Director who is not the beneficial owner of more than 5% of the Company’s outstanding capital stock. 
 (bb) “Nonstatutory Stock Option” means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option. 
 (cc) “Officer” means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and the rules
and regulations promulgated thereunder. 
 (dd) “Operating Profit” means as to any Performance Period, the difference
between revenue and related costs and expenses, excluding income derived from sources other than regular activities and before income deductions. 
 (ee) “Option” means a stock option granted pursuant to the Plan. 
 (ff) “Outside Director” means
a Director who is not an Employee. 
 (gg) “Parent” means a “parent corporation,” whether now or hereafter
existing, as defined in Section 424(e) of the Code. 
 (hh) “Participant” means the holder of an outstanding Award.

 (ii) “Performance Goals” will have the meaning set forth in Section 11 of the Plan. 
 (jj) “Performance Period” means any Fiscal Year of the Company or such other period as determined by the Administrator in its sole
discretion. 
 (kk) “Performance Share” means an Award denominated in Shares which may be earned in whole or in part upon
attainment of Performance Goals or other vesting criteria as the Administrator may determine pursuant to Section 10. 
 (ll)
“Performance Unit” means an Award which may be earned in whole or in part upon attainment of Performance Goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other
securities or a combination of the foregoing pursuant to Section 10. 
 (mm) “Period of Restriction” means the period
during which the transfer of Shares of Restricted Stock are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based on the passage of time, the achievement of target levels of
performance, or the occurrence of other events as determined by the Administrator. 
 (nn) “Plan” means this 2006 Equity
Incentive Plan. 
  

 -4- 

 (oo) “Pro Forma Net Income” means as to any business unit for any Performance Period,
the Net Income of such business unit, minus allocations of designated corporate expenses. 
 (pp) “Product Shipments” means
as to any Performance Period, the quantitative and measurable number of units of a particular product that shipped during such Performance Period. 
 (qq) “Restricted Stock” means Shares issued pursuant to an Award of Restricted Stock under Section 8 of the Plan, or issued pursuant to the early exercise of an Option. 
 (rr) “Restricted Stock Unit” means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted
pursuant to Section 9. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company. 
 (ss)
“Return on Designated Assets” means as to any Performance Period, the Pro Forma Net Income of a business unit, divided by the average of beginning and ending business unit designated assets, or Net Income of the Company, divided by
the average of beginning and ending designated corporate assets. 
 (tt) “Return on Equity” means, as to any Performance
Period, the percentage equal to the value of the Company’s or any business unit’s common stock investments at the end of such Performance Period, divided by the value of such common stock investments at the start of such Performance
Period, excluding any common stock investments so designated by the Administrator. 
 (uu) “Return on Sales” means as to any
Performance Period, the percentage equal to the Company’s Net Income or the business unit’s Pro Forma Net Income, divided by the Company’s or the business unit’s Annual Revenue. 
 (vv) “Rule 16b-3” means Rule 16b-3 of the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is being exercised
with respect to the Plan. 
 (ww) “Section 16(b)” means Section 16(b) of the Exchange Act. 
 (xx) “Service Provider” means an Employee, Director or Consultant. 
 (yy) “Share” means a share of the Common Stock, as adjusted in accordance with Section 15 of the Plan. 
 (zz) “Stock Appreciation Right” means an Award, granted alone or in connection with an Option, that pursuant to Section 7 is
designated as a Stock Appreciation Right. 
 (aaa) “Subsidiary” means a “subsidiary corporation,” whether now or
hereafter existing, as defined in Section 424(f) of the Code. 
 (bbb) “Successor Corporation” has the meaning given to
such term in Section 15(c) of the Plan. 
  

 -5- 

 3. Stock Subject to the Plan. 
 (a) Stock Subject to the Plan. Subject to the provisions of Section 15 of the Plan, the maximum aggregate number of Shares that may be awarded
and sold under the Plan is 1,700,000 Shares plus (i) any Shares that, as of the date of stockholder approval of this Plan, have been reserved but not issued pursuant to any awards granted under the Company’s 2000 Stock Incentive Plan (the
“2000 Plan”), and are not subject to any awards granted thereunder, and (ii) any Shares subject to stock options or similar awards granted under the 2000 Plan, that expire or otherwise terminate without having been exercised in full
and Shares issued pursuant to awards granted under the 2000 Plan, that are forfeited to or repurchased by the Company, and (iii) an annual increase to be added on the first day of the Company’s fiscal year beginning in 2007, equal to the
lesser of (a) 750,000 shares, (b) three percent (3%) of the outstanding shares on such date, or (c) an amount determined by the Board. The Shares may be authorized, but unissued, or reacquired Common Stock. 
 (b) Full Value Awards. Any Shares subject to Awards granted of Restricted Stock, Restricted Stock Units, Performance Units, Performance Shares and
Stock Appreciation Rights will be counted against the numerical limits of this Section 3 as two (2) Shares for every one (1) Share subject thereto. Further, if Shares acquired pursuant to any such Award are forfeited or repurchased by
the Company and would otherwise return to the Plan pursuant to Section 3(c), two (2) times the number of Shares so forfeited or repurchased will return to the Plan and will again become available for issuance. 
 (c) Lapsed Awards. If an Award expires or becomes unexercisable without having been exercised in full, or, with respect to Restricted Stock,
Restricted Stock Units, Performance Shares or Performance Units, is forfeited to or repurchased by the Company, the unpurchased Shares (or for Awards other than Options and Stock Appreciation Rights), the forfeited or repurchased Shares which were
subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated). With respect to Stock Appreciation Rights, all of the Shares covered by the Award (that is, Shares actually issued pursuant to a Stock
Appreciation Right, as well as the Shares that represent payment of the exercise price) will cease to be available under the Plan. However, Shares that have actually been issued under the Plan under any Award will not be returned to the Plan and
will not become available for future distribution under the Plan; provided, however, that if unvested Shares of Restricted Stock, Restricted Stock Units, Performance Shares or Performance Units are repurchased by the Company or are forfeited to the
Company, such Shares will become available for future grant under the Plan. Shares used to pay the tax and exercise price of an Award will not become available for future grant or sale under the Plan. To the extent an Award under the Plan is paid
out in cash rather than Shares, such cash payment will not result in reducing the number of Shares available for issuance under the Plan. Notwithstanding the foregoing and, subject to adjustment provided in Section 15, the maximum number of
Shares that may be issued upon the exercise of Incentive Stock Options will equal the aggregate Share number stated in Section 3(a), plus, to the extent allowable under Section 422 of the Code, any Shares that become available for issuance
under the Plan under this Section 3(c). 
  

 -6- 

 4. Administration of the Plan. 
 (a) Procedure. 
 (i) Multiple
Administrative Bodies. Different Committees with respect to different groups of Service Providers may administer the Plan. 
 (ii)
Section 162(m). To the extent that the Administrator determines it to be desirable to qualify Awards granted hereunder as “performance-based compensation” within the meaning of Section 162(m) of the Code, the Plan will be
administered by a Committee of two or more “outside directors” within the meaning of Section 162(m) of the Code. 
 (iii)
Rule 16b-3. To the extent desirable to qualify transactions hereunder as exempt under Rule 16b-3, the transactions contemplated hereunder will be structured to satisfy the requirements for exemption under Rule 16b-3. 
 (iv) Other Administration. Other than as provided above, the Plan will be administered by (A) the Board or (B) a Committee, which
committee will be constituted to satisfy Applicable Laws. 
 (b) Powers of the Administrator. Subject to the provisions of the Plan,
and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: 
 (i) to determine the Fair Market Value; 
 (ii) to select the Service Providers to whom Awards may be
granted hereunder; 
 (iii) to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award granted
hereunder; 
 (iv) to construe and interpret the terms of the Plan and Awards granted pursuant to the Plan; 
 (v) to prescribe, amend and rescind rules and regulations relating to the Plan, including rules and regulations relating to sub-plans established for
the purpose of satisfying applicable foreign laws; 
 (vi) to modify or amend each Award (subject to Section 20(c) of the Plan).
Notwithstanding the previous sentence, the Administrator may not modify or amend an Option or Stock Appreciation Right to reduce the exercise price of such Option or Stock Appreciation Right after it has been granted (except for adjustments made
pursuant to Section 15), and neither may the Administrator cancel any outstanding Option or Stock Appreciation Right and immediately replace it with a new Option or Stock Appreciation Right with a lower exercise price; 
 (vii) to authorize any person to execute on behalf of the Company any instrument required to effect the grant of an Award previously granted by the
Administrator; 
  

 -7- 

 (viii) to allow a Participant to defer the receipt of the payment of cash or the delivery of Shares that
would otherwise be due to such Participant under an Award pursuant to such procedures as the Administrator may determine; and 
 (ix) to
make all other determinations deemed necessary or advisable for administering the Plan. 
 (c) Effect of
Administrator’s Decision. The Administrator’s decisions, determinations and interpretations will be final and binding on all Participants and any other holders of Awards. 
 5. Eligibility. Nonstatutory Stock Options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights, Performance Units, Performance
Shares and such other cash or stock awards as the Administrator determines may be granted to Service Providers. Incentive Stock Options may be granted only to employees of the Company or any Parent or Subsidiary of the Company. 
 6. Stock Options. 
 (a)
Limitations. Each Option will be designated in the Award Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Shares
with respect to which Incentive Stock Options are exercisable for the first time by the Participant during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds $100,000, such Options will be treated as Nonstatutory
Stock Options. For purposes of this Section 6(a), Incentive Stock Options will be taken into account in the order in which they were granted. The Fair Market Value of the Shares will be determined as of the time the Option with respect to such
Shares is granted. 
 (b) Number of Shares. The Administrator will have complete discretion to determine the number of Options granted
to any Participant, provided that during any Fiscal Year, no Participant will be granted Options covering more than 75,000 Shares. Notwithstanding the foregoing limitation, in connection with a Participant’s initial service as an Employee, an
Employee may be granted Options covering up to an additional 175,000 Shares. 
 (c) Term of Option. The Administrator will determine
the term of each Option in its sole discretion. Any Option granted under the Plan will not be exercisable after the expiration of ten (10) years from the date of grant or such shorter term as may be provided in the Award Agreement. Moreover, in
the case of an Incentive Stock Option granted to a Participant who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company
or any Parent or Subsidiary, the term of the Incentive Stock Option will be five (5) years from the date of grant or such shorter term as may be provided in the Award Agreement. 
 (d) Option Exercise Price and Consideration. 
 (i) Exercise Price. The per share exercise price for the Shares to be issued pursuant to exercise of an Option will be determined by the Administrator, but will be no less than 100% of the Fair Market Value per Share on the date of
grant. In addition, in the case of an 
  

 -8- 

 Incentive Stock Option granted to an Employee who, at the time the Incentive Stock Option is granted, owns stock
representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary, the per Share exercise price will be no less than 110% of the Fair Market Value per Share on the date of grant.
Notwithstanding the foregoing provisions of this Section 6(d), Options may be granted with a per Share exercise price of less than 100% of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a
manner consistent with, Section 424(a) of the Code. The Administrator may not modify or amend an Option to reduce the exercise price of such Option after it has been granted (except for adjustments made pursuant to Section 15 of the Plan)
nor may the Administrator cancel any outstanding Option and replace it with a new Option, Stock Appreciation Right, or other Award with a lower exercise price, unless, in either case, such action is approved by the Company’s stockholders.

 (ii) Waiting Period and Exercise Dates. At the time an Option is granted, the Administrator will fix the period within which the
Option may be exercised and will determine any conditions that must be satisfied before the Option may be exercised. 
 (iii) Form of
Consideration. The Administrator will determine the acceptable form(s) of consideration for exercising an Option, including the method of payment, to the extent permitted by Applicable Laws. 
 (e) Exercise of Option. 
 (i)
Procedure for Exercise; Rights as a Stockholder. Any Option granted hereunder will be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award
Agreement. An Option may not be exercised for a fraction of a Share. 
 An Option will be deemed exercised when the Company receives:
(i) notice of exercise (in such form as the Administrator may specify from time to time) from the person entitled to exercise the Option, and (ii) full payment for the Shares with respect to which the Option is exercised (together with an
applicable withholding taxes). No adjustment will be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 15 of the Plan. 
 (ii) Termination of Relationship as a Service Provider. If a Participant ceases to be a Service Provider, other than upon the Participant’s
termination as the result of the Participant’s death or Disability, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of
termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option will remain exercisable for three (3) months following
the Participant’s termination. Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to
the Plan. If after termination the Participant does not exercise his or her Option within the time specified by the Administrator, the Option will terminate, and the Shares covered by such Option will revert to the Plan. 
  

 -9- 

 (iii) Disability of Participant. If a Participant ceases to be a Service Provider as a result of
the Participant’s Disability, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent the Option is vested on the date of termination (but in no event later than the
expiration of the term of such Option as set forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option will remain exercisable for twelve (12) months following the Participant’s termination.
Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will revert to the Plan. If after termination the
Participant does not exercise his or her Option within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan. 
 (iv) Death of Participant. If a Participant dies while a Service Provider, the Option may be exercised following the Participant’s death
within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of death (but in no event may the option be exercised later than the expiration of the term of such Option as set forth in the
Award Agreement), by the Participant’s designated beneficiary, provided such beneficiary has been designated prior to Participant’s death in a form acceptable to the Administrator. If no such beneficiary has been designated by the
Participant, then such Option may be exercised by the personal representative of the Participant’s estate or by the person(s) to whom the Option is transferred pursuant to the Participant’s will or in accordance with the laws of descent
and distribution. In the absence of a specified time in the Award Agreement, the Option will remain exercisable for twelve (12) months following Participant’s death. Unless otherwise provided by the Administrator, if at the time of death
Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will immediately revert to the Plan. If the Option is not so exercised within the time specified herein, the Option will terminate,
and the Shares covered by such Option will revert to the Plan. 
 (v) Other Termination. A Participant’s Award Agreement may
also provide that if the exercise of the Option following the termination of Participant’s status as a Service Provider (other than upon the Participant’s death or Disability) would result in liability under Section 16(b), then the
Option will terminate on the earlier of (A) the expiration of the term of the Option set forth in the Award Agreement, or (B) the 10th day after the last date on which such exercise would result in such liability under Section 16(b).
Finally, a Participant’s Award Agreement may also provide that if the exercise of the Option following the termination of the Participant’s status as a Service Provider (other than upon the Participant’s death or disability) would be
prohibited at any time solely because the issuance of Shares would violate the registration requirements under the Securities Act, then the Option will terminate on the earlier of (A) the expiration of the term of the Option, or (B) the
expiration of a period of three (3) months after the termination of the Participant’s status as a Service Provider during which the exercise of the Option would not be in violation of such registration requirements. 
 (vi) Administrator Discretion. The Administrator, in its sole discretion, may, after an Option is granted, extend the maximum term of an Option
(subject to Section 6(c) regarding Incentive Stock Options) or the post-termination exercisability period of an Option provided, however, that such Option shall terminate no later than following the expiration of ten (10) years from the
Grant Date. Unless otherwise determined by the Committee, any extension of the term or post-termination exercisability period of an Option pursuant to this Section 6(e)(vi) shall comply with Section 409A of the Code. 
  

 -10- 

 7. Stock Appreciation Rights. 
 (a) Grant of Stock Appreciation Rights. Subject to the terms and conditions of the Plan, a Stock Appreciation Right may be granted to Service
Providers at any time and from time to time as will be determined by the Administrator, in its sole discretion. 
 (b) Number of
Shares. The Administrator will have complete discretion to determine the number of Stock Appreciation Rights granted to any Participant, provided that during any Fiscal Year, no Participant will be granted Stock Appreciation Rights covering more
than 125,000 Shares. Notwithstanding the foregoing limitation, in connection with a Participant’s initial service as an Employee, an Employee may be granted Stock Appreciation Rights covering up to an additional 200,000 Shares. 
 (c) Exercise Price and Other Terms. The Administrator, subject to the provisions of the Plan, will have complete discretion to determine the terms
and conditions of Stock Appreciation Rights granted under the Plan, provided, however, that the exercise price will be not less than 100% of the Fair Market Value of a Share on the date of grant. The Administrator may not modify or amend a Stock
Appreciation Right to reduce the exercise price of such Stock Appreciation Right after it has been granted (except for adjustments made pursuant to Section 15 of the Plan) nor may the Administrator cancel any outstanding Stock Appreciation
Right and replace it with a new Stock Appreciation Right, Option, or other Award with a lower exercise price, unless, in either case, such action is approved by the Company’s stockholders. 
 (d) Stock Appreciation Right Agreement. Each Stock Appreciation Right grant will be evidenced by an Award Agreement that will specify the exercise
price, the term of the Stock Appreciation Right, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, will determine. 
 (e) Expiration of Stock Appreciation Rights. A Stock Appreciation Right granted under the Plan will expire upon the date determined by the
Administrator, in its sole discretion, and set forth in the Award Agreement. Notwithstanding the foregoing, the rules of Section 6(e) also will apply to Stock Appreciation Rights. 
 (f) Payment of Stock Appreciation Right Amount. Upon exercise of a Stock Appreciation Right, a Participant will be entitled to receive payment
from the Company in an amount determined by multiplying: 
 (i) The difference between the Fair Market Value of a Share on the date of
exercise over the exercise price; times 
 (ii) The number of Shares with respect to which the Stock Appreciation Right is exercised.

 At the discretion of the Administrator, the payment upon Stock Appreciation Right exercise may be in cash, in Shares of equivalent value, or in some
combination thereof. 
  

 -11- 

 (g) Administrator Discretion. The Administrator, in its sole discretion, may, after a Stock
Appreciation Right is granted, extend the maximum term of a Stock Appreciation Right or the post-termination exercisability period of a Stock Appreciation Right provided, however, that such Stock Appreciation Right shall terminate no later than
following the expiration of ten (10) years from the Grant Date. Unless otherwise determined by the Committee, any extension of the term or post-termination exercisability period of a Stock Appreciation Right pursuant to this Section 7(g)
shall comply with Section 409A of the Code. 
 8. Restricted Stock. 
 (a) Grant of Restricted Stock. Subject to the terms and provisions of the Plan, the Administrator, at any time and from time to time, may grant
Shares of Restricted Stock to Service Providers in such amounts as the Administrator, in its sole discretion, will determine. 
 (b)
Restricted Stock Agreement. Each Award of Restricted Stock will be evidenced by an Award Agreement that will specify the Period of Restriction, the number of Shares granted, and such other terms and conditions as the Administrator, in its
sole discretion, will determine. Notwithstanding the foregoing sentence, during any Fiscal Year no Participant will receive more than an aggregate of 125,000 Shares of Restricted Stock; provided, however, that in connection with a Participant’s
initial service as an Employee, an Employee may be granted an aggregate of up to an additional 200,000 Shares of Restricted Stock. Unless the Administrator determines otherwise, Shares of Restricted Stock will be held by the Company as escrow agent
until the restrictions on such Shares have lapsed. 
 (c) Transferability. Except as provided in this Section 8, Shares of
Restricted Stock may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated until the end of the applicable Period of Restriction. 
 (d) Other Restrictions. The Administrator, in its sole discretion, may impose such other restrictions on Shares of Restricted Stock as it may deem advisable or appropriate. 
 (e) Removal of Restrictions. Except as otherwise provided in this Section 8, Shares of Restricted Stock covered by each Restricted Stock
grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of Restriction. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed.

 (f) Voting Rights. During the Period of Restriction, Service Providers holding Shares of Restricted Stock granted hereunder may
exercise full voting rights with respect to those Shares, unless the Administrator determines otherwise. 
 (g) Dividends and Other
Distributions. During the Period of Restriction, Service Providers holding Shares of Restricted Stock will be entitled to receive all dividends and other distributions paid with respect to such Shares unless otherwise provided in the Award
Agreement. If any such dividends or distributions are paid in Shares, the Shares will be subject to the same restrictions on transferability and forfeitability as the Shares of Restricted Stock with respect to which they were paid. 
  

 -12- 

 (h) Return of Restricted Stock to Company. On the date set forth in the Award Agreement, the
Restricted Stock for which restrictions have not lapsed will revert to the Company and again will become available for grant under the Plan. 
 9. Restricted Stock Units. 
 (a) Grant. Restricted Stock Units may be granted at any time and from time to time as
determined by the Administrator. Each Restricted Stock Unit grant will be evidenced by an Award Agreement that will specify such other terms and conditions as the Administrator, in its sole discretion, will determine, including all terms,
conditions, and restrictions related to the grant, the number of Restricted Stock Units and the form of payout, which, subject to Section 9(d), may be left to the discretion of the Administrator. Notwithstanding the anything to the contrary in
this subsection (a), during any Fiscal Year of the Company, no Participant will receive more than an aggregate of 125,000 Restricted Stock Units; provided, however, that in connection with a Participant’s initial service as an Employee, an
Employee may be granted an aggregate of up to an additional 200,000 Restricted Stock Units. 
 (b) Vesting Criteria and Other Terms.
The Administrator will set vesting criteria in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Stock Units that will be paid out to the Participant. After the grant of Restricted
Stock Units, the Administrator, in its sole discretion, may reduce or waive any restrictions for such Restricted Stock Units. Each Award of Restricted Stock Units will be evidenced by an Award Agreement that will specify the vesting criteria, and
such other terms and conditions as the Administrator, in its sole discretion, will determine. 
 (c) Earning Restricted Stock Units.
Upon meeting the applicable vesting criteria, the Participant will be entitled to receive a payout as specified in the Award Agreement. Notwithstanding the foregoing, at any time after the grant of Restricted Stock Units, the Administrator, in its
sole discretion, may reduce or waive any vesting criteria that must be met to receive a payout, provided that, unless the Administrator determines otherwise, the payout of such accelerated Award shall be structured to comply with Section 409A
of the Code. 
 (d) Form and Timing of Payment. Payment of earned Restricted Stock Units will be made as soon as practicable after the
date(s) set forth in the Award Agreement. The Administrator, in its sole discretion, may pay earned Restricted Stock Units in cash, Shares, or a combination thereof. Shares represented by Restricted Stock Units that are fully paid in cash again will
be available for grant under the Plan. 
 (e) Cancellation. On the date set forth in the Award Agreement, all unearned Restricted
Stock Units will be forfeited to the Company. 
 10. Performance Units and Performance Shares. 
 (a) Grant of Performance Units/Shares. Performance Units and Performance Shares may be granted to Service Providers at any time and from time to
time, as will be determined by the Administrator, in its sole discretion. The Administrator will have complete discretion in determining the number of Performance Units/Shares granted to each Participant provided that during any Fiscal Year, no
Participant will receive more than 125,000 Performance Shares. Notwithstanding the foregoing limitation, in connection with a Participant’s initial service as an Employee, an Employee may be granted up to an additional 200,000 Performance
Shares. 
  

 -13- 

 (b) Value of Performance Units/Shares. Each Performance Unit will have an initial value that is
established by the Administrator on or before the date of grant. Each Performance Share will have an initial value equal to the Fair Market Value of a Share on the date of grant. 
 (c) Performance Objectives and Other Terms. The Administrator will set performance objectives or other vesting provisions (including, without
limitation, continued status as a Service Provider) in its discretion which, depending on the extent to which they are met, will determine the number or value of Performance Units/Shares that will be paid out to the Participant. The Administrator
may set performance objectives based upon the achievement of Company-wide, divisional, or individual goals, or any other basis determined by the Administrator in its discretion. Each Award of Performance Units/Shares will be evidenced by an Award
Agreement that will specify the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion, will determine. 
 (d) Earning of Performance Units/Shares. After the applicable Performance Period has ended, the holder of Performance Units/Shares will be entitled to receive a payout of the number of Performance Units/Shares
earned by the Participant over the Performance Period, to be determined as a function of the extent to which the corresponding performance objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the
Administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance Unit/Share, provided that, unless the Administrator determines otherwise, the payout of such accelerated Award
shall be structured to comply with Section 409A of the Code. 
 (e) Form and Timing of Payment of Performance Units/Shares.
Payment of earned Performance Units/Shares will be made as soon as practicable after the expiration of the applicable Performance Period. The Administrator, in its sole discretion, may pay earned Performance Units/Shares in the form of cash, in
Shares (which have an aggregate Fair Market Value equal to the value of the earned Performance Units/Shares at the close of the applicable Performance Period) or in a combination thereof. 
 (f) Cancellation of Performance Units/Shares. On the date set forth in the Award Agreement, all unearned or unvested Performance Units/Shares will
be forfeited to the Company, and again will be available for grant under the Plan. 
 11. Performance Goals. The granting and/or
vesting of Awards of Restricted Stock, Restricted Stock Units, Performance Shares and Performance Units and other incentives under the Plan may be made subject to the attainment of performance goals relating to one or more business criteria within
the meaning of Section 162(m) of the Code and may provide for a targeted level or levels of achievement (“Performance Goals”) including one or more of the following measures: (a) Annual Revenue, (b) Cash Collections,
(c) Customer Satisfaction MBOs, (d) Earnings Per Share, (e) Net Income, (f) New Orders, (g) Operating Profit, (h) Pro Forma Net Income, (i) Return on Designated Assets, (j) Return on Equity, (k) Return on
Sales, and (l) Product Shipments. Any 
  

 -14- 

 Performance Goals may be used to measure the performance of the Company as a whole or a business unit of the Company and
may be measured relative to a peer group or index. The Performance Goals may differ from Participant to Participant and from Award to Award. Any criteria used may be (i) measured in absolute terms, (ii) compared to another company or
companies, (iii) measured against the performance of the Company as a whole or a segment of the Company and/or (iv) measured on a pre-tax or post-tax basis (if applicable). Prior to the Determination Date, the Administrator will determine
whether any significant element(s) will be included in or excluded from the calculation of any Performance Goal with respect to any Participant. 
 12. Automatic Option Grants to Non-Owner Outside Directors. All grants of Options to Non-Owner Outside Directors pursuant to this Section 12 shall be automatic and nondiscretionary, except as otherwise provided herein, and will
be made strictly in accordance with the following provisions: 
 (a) Type of Option. All Options granted pursuant to this Section shall
be Nonstatutory Stock Options and, except as otherwise provided herein, shall be subject to the other terms and conditions of the Plan. 
 (b) No Discretion. No person shall have any discretion to select which Non-Owner Outside Directors shall be granted Options under this Section or to determine the number of Shares to be covered by such Options (except as provided in
Section 12(e)). 
 (c) Initial Option Grant. Each Non-Owner Outside Director shall be automatically granted an Option to purchase
16,250 Shares (the “Initial Grant”) upon the date on which such person first becomes a Director, whether through election by the stockholders of the Company or appointment by the Board of Directors to fill a vacancy; provided however, that
a Non-Owner Outside Director who has previously been employed by the Company shall not be eligible to receive an Initial Grant. 
 (d)
Annual Option Grant. At each of the Company’s annual stockholder meetings, and commencing in 2007, each Non-Owner Outside Director who was a Non-Owner Outside Director on the date of the prior year’s annual stockholder meeting
automatically will be granted an Option to purchase 5,000 Shares (the “Annual Grant”). 
 (e) Terms. The terms of each
Director Option granted pursuant to this Section shall be as follows: 
 (i) The term of the Option shall be ten (10) years. 

(ii) The exercise price per Share shall be one hundred percent (100%) of the Fair Market Value per Share on the date of grant of the Director
Option. 
 (iii) Subject to Section 15 hereof, the Initial and Annual Grants will vest and become exercisable as to 25% of the Shares
subject to the Option twelve (12) months after the vesting commencement date as set forth in the applicable Award Agreement, and 1/48 of the Shares subject to the Option shall vest each month thereafter, subject to the Participant continuing to
serve as a Director through such dates. 
  

 -15- 

 (f) Adjustments. The Administrator in its discretion may change and otherwise revise the terms of
Options granted under this Section 12, including, without limitation, the number of Shares and exercise prices thereof, for Options granted on or after the date the Administrator determines to make any such change or revision. 
 (g) Other Awards. Nothing in this Section 12 will limit the ability of the Administrator to grant all types of Awards under the Plan to
Non-Owner Outside Directors in addition to the Director Options that are granted to them under this Section 12. 
 13. Leaves of
Absence/Transfer Between Locations. Unless the Administrator provides otherwise, vesting of Awards granted hereunder will be suspended during any unpaid leave of absence. A Service Provider will not cease to be an Employee in the case of
(i) any leave of absence approved by the Company or (ii) transfers between locations of the Company or between the Company and its Affiliates. For purposes of Incentive Stock Options, no such leave may exceed ninety (90) days, unless
reemployment upon expiration of such leave is guaranteed by statute or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then three (3) months following the ninety-first
(91st) day of such leave any Incentive Stock Option held by the Participant will cease to be treated as an
Incentive Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option. 
 14. Transferability of Awards. Unless
determined otherwise by the Administrator, an Award may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of
the Participant, only by the Participant. With the approval of the Administrator, a Participant may, in a manner specified by the Administrator, (a) transfer an Award to a Participant’s spouse or former spouse pursuant to a court-approved
domestic relations order which relates to the provision of child support, alimony payments or marital property rights, and (b) transfer an Option by bona fide gift and not for any consideration, to (i) a member or members of the
Participant’s immediate family, (ii) a trust established for the exclusive benefit of the Participant and/or member(s) of the Participant’s immediate family, (iii) a partnership, limited liability company of other entity whose
only partners or members are the Participant and/or member(s) of the Participant’s immediate family, or (iv) a foundation in which the Participant and/or member(s) of the Participant’s immediate family control the management of the
foundation’s assets. For purposes of this Section 14, “immediate family” shall mean the Participant’s spouse, former spouse, children, grandchildren, parents, grandparents, siblings, nieces, nephews, parents-in-law,
sons-in-law, daughters-in-law, brothers-in-law, sisters-in-law, including adoptive or step relationships and any person sharing the Participant’s household (other than as a tenant or employee). 
 15. Adjustments; Dissolution or Liquidation; Merger or Change in Control. 
 (a) Adjustments. In the event that any dividend or other distribution (whether in the form of cash, Shares, other securities, or other property),
recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of the
Company affecting the Shares occurs, the Administrator, in order to prevent diminution or enlargement of the benefits or potential benefits intended to be made available under the Plan, may (in its sole discretion) adjust the number and class of
Shares that may be delivered under the Plan and/or the number, class, and price of Shares covered by each outstanding Award, and the numerical Share limits set forth in Sections 3, 6, 7, 8, 9 and 10. 
  

 -16- 

 (b) Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the
Company, the Administrator will notify each Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, an Award will terminate immediately prior to the
consummation of such proposed action. 
 (c) Change in Control. In the event of a Change in Control, each outstanding Award will be
assumed or an equivalent option or right substituted by the successor corporation or a Parent or Subsidiary of the successor corporation (the “Successor Corporation”). In the event that the Successor Corporation refuses to assume or
substitute for the Award, the Participant will fully vest in and have the right to exercise all of his or her outstanding Options and Stock Appreciation Rights, including Shares as to which such Awards would not otherwise be vested or exercisable,
all restrictions on Restricted Stock will lapse, and, with respect to Restricted Stock Units, Performance Shares and Performance Units, all Performance Goals or other vesting criteria will be deemed achieved at target levels and all other terms and
conditions met. In addition, if the Successor Corporation refuses to assume or substitute an Option or Stock Appreciation Right in the event of a Change in Control, the Administrator will notify the Participant in writing or electronically that the
Option or Stock Appreciation Right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the Option or Stock Appreciation Right will terminate upon the expiration of such period.

 For the purposes of this subsection (c), an Award will be considered assumed if, following the Change in Control, the Award confers the
right to purchase or receive, for each Share subject to the Award immediately prior to the Change in Control, the consideration (whether stock, cash, or other securities or property) or, in the case of a Stock Appreciation Right upon the exercise of
which the Administrator determines to pay cash or a Performance Share or Performance Unit which the Administrator can determine to pay in cash, the fair market value of the consideration received in the merger or Change in Control by holders of
Common Stock for each Share held on the effective date of the transaction (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares); provided, however, that if
such consideration received in the Change in Control is not solely common stock of the Successor Corporation, the Administrator may, with the consent of the Successor Corporation, provide for the consideration to be received upon the exercise of an
Option or Stock Appreciation Right or upon the payout of a Restricted Stock Unit, Performance Share or Performance Unit, for each Share subject to such Award (or in the case of an Award settled in cash, the number of implied shares determined by
dividing the value of the Award by the per share consideration received by holders of Common Stock in the Change in Control), to be solely common stock of the Successor Corporation equal in fair market value to the per share consideration received
by holders of Common Stock in the Change in Control. 
 Notwithstanding anything in this Section 15(c) to the contrary, an Award that
vests, is earned or paid-out upon the satisfaction of one or more Performance Goals will not be considered assumed if the Company or its successor modifies any of such Performance Goals without the Participant’s consent; provided, however, a
modification to such Performance Goals only to reflect the Successor Corporation’s post-Change in Control corporate structure will not be deemed to invalidate an otherwise valid Award assumption. 
  

 -17- 

 16. Tax Withholding 
 (a) Withholding Requirements. Prior to the delivery of any Shares or cash pursuant to an Award (or exercise thereof), the Company will have the power and the right to deduct or withhold, or require a
Participant to remit to the Company, an amount sufficient to satisfy federal, state, local, foreign or other taxes required to be withheld with respect to such Award (or exercise thereof). 
 (b) Withholding Arrangements. The Administrator, in its sole discretion and pursuant to such procedures as it may specify from time to time, may
permit a Participant to satisfy such tax withholding obligation, in whole or in part by (without limitation) (a) paying cash, (b) electing to have the Company withhold otherwise deliverable cash or Shares having a Fair Market Value equal
to the amount required to be withheld, (c) delivering to the Company already-owned Shares having a Fair Market Value equal to the amount required to be withheld, or (d) selling a sufficient number of Shares otherwise deliverable to the
Participant through such means as the Administrator may determine in its sole discretion (whether through a broker or otherwise) equal to the amount required to be withheld. The amount of the withholding requirement will be deemed to include any
amount which the Administrator agrees may be withheld at the time the election is made, not to exceed the amount determined by using the maximum federal, state or local marginal income tax rates applicable to the Participant with respect to the
Award on the date that the amount of tax to be withheld is to be determined. The Fair Market Value of the Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. 
 17. No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right with respect to continuing the
Participant’s relationship as a Service Provider with the Company, nor will they interfere in any way with the Participant’s right or the Company’s right to terminate such relationship at any time, with or without cause, to the extent
permitted by Applicable Laws. 
 18. Date of Grant. The date of grant of an Award will be, for all purposes, the date on which the
Administrator makes the determination granting such Award, or such other later date as is determined by the Administrator. Notice of the determination will be provided to each Participant within a reasonable time after the date of such grant.

 19. Term of Plan. Subject to Section 23 of the Plan, the Plan will become effective upon its adoption by the Board. It will
continue in effect for a term of ten (10) years unless terminated earlier under Section 20 of the Plan. 
 20. Amendment and
Termination of the Plan. 
 (a) Amendment and Termination. The Administrator may at any time amend, alter, suspend or terminate the
Plan. 
 (b) Stockholder Approval. The Company will obtain stockholder approval of any Plan amendment to the extent necessary and
desirable to comply with Applicable Laws. 
  

 -18- 

 (c) Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the
Plan will impair the rights of any Participant, unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect
the Administrator’s ability to exercise the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. 
 21. Conditions Upon Issuance of Shares. 
 (a) Legal Compliance. Shares will not be issued
pursuant to the exercise of an Award unless the exercise of such Award and the issuance and delivery of such Shares will comply with Applicable Laws and will be further subject to the approval of counsel for the Company with respect to such
compliance. 
 (b) Investment Representations. As a condition to the exercise of an Award, the Company may require the person
exercising such Award to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the
Company, such a representation is required. 
 22. Inability to Obtain Authority. The inability of the Company to obtain authority
from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, will relieve the Company of any liability in respect of the failure to
issue or sell such Shares as to which such requisite authority will not have been obtained. 
 23. Stockholder Approval. The Plan will
be subject to approval by the stockholders of the Company within twelve (12) months after the date the Plan is adopted. Such stockholder approval will be obtained in the manner and to the degree required under Applicable Laws. 
  

 -19- 

 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 STOCK OPTION AWARD AGREEMENT 
 Unless otherwise defined herein, the terms defined in the 2006 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this
Stock Option Award Agreement (the “Award Agreement”). 
  

	I.	NOTICE OF STOCK OPTION GRANT 

 Name:

 Address: 
 You
have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: 
  

					
	 Grant Number:
	  		  	
		  	 	  	
			
	 Date of Grant:
	  		  	
		  	 	  	
			
	 Vesting Commencement Date:
	  		  	
		  	 	  	
			
	 Exercise Price per Share:
	  	$	  	
		  	 	  	
			
	 Total Number of Shares Granted:
	  		  	
		  	 	  	
			
	 Total Exercise Price:
	  	$	  	
		  	 	  	
			
	 Type of Option:
	  	 ___ Incentive Stock Option
	  	
			
		  	 ___ Nonstatutory Stock Option
	  	
			
	 Term/Expiration Date:
	  		  	
		  	 	  	
			
	 Vesting Schedule:
	  		  	

 Subject to accelerated vesting as set forth below or in the Plan, this Option may be exercised, in
whole or in part, in accordance with the following schedule: 
 Twenty-five percent (25%) of the Shares subject to the Option will vest
twelve (12) months after the Vesting Commencement Date, and 1/48 of the Shares subject to the Option will vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the
last day of the month), subject to Participant continuing to be a Service Provider through such dates. 

 Termination Period: 
 This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall
be exercisable for twelve (12) months after Participant ceases to be Service Provider. Notwithstanding the foregoing, in no event may this Option be exercised after the Term/Expiration Date as provided above and may be subject to earlier
termination as provided in Section 15(c) of the Plan. 
  

	II.	AGREEMENT 

 A. Grant of Option.

 The Administrator hereby grants to individual named in the Notice of Stock Option Grant attached as Part I of this Agreement (the
“Participant”) an option (the “Option”) to purchase the number of Shares, as set forth in the Notice of Stock Option Grant, at the exercise price per share set forth in the Notice of Stock Option Grant (the “Exercise
Price”), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 20(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions
of this Award Agreement, the terms and conditions of the Plan will prevail. 
 If designated in the Notice of Stock Option Grant as an
Incentive Stock Option (“ISO”), this Option is intended to qualify as an Incentive Stock Option under Section 422 of the Code. However, if this Option is intended to be an Incentive Stock Option, to the extent that it exceeds the
$100,000 rule of Code Section 422(d) it will be treated as a Nonstatutory Stock Option (“NSO”). 
 B. Exercise of
Option. 
 1. Right to Exercise. This Option is exercisable during its term in accordance with the Vesting Schedule set out in the
Notice of Stock Option Grant and the applicable provisions of the Plan and this Award Agreement. 
 2. Method of Exercise. This Option
is exercisable by delivery of an exercise notice, in the form attached as Exhibit A (the “Exercise Notice”) or in such other form and manner as determined by the Administrator, which will state the election to exercise the Option,
the number of Shares in respect of which the Option is being exercised (the “Exercised Shares”), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice
will be completed by Participant and delivered to the Company. The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable withholding taxes. This Option will be deemed
to be exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by such aggregate Exercise Price. 
 No Shares
will be issued pursuant to the exercise of this Option unless such issuance and exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Exercised Shares will be considered transferred to Participant on the date
the Option is exercised with respect to such Exercised Shares. 
  

 -2- 

 C. Method of Payment. 
 Payment of the aggregate Exercise Price will be by any acceptable form(s) of consideration, including the method of payment, to the extent permitted by
Applicable Laws, as defined in the Plan, as determined by the Administrator. 
 D. Non-Transferability of Option. 
 This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the
lifetime of Participant only by Participant. 
 E. Term of Option. 
 This Option may be exercised only within the term set out in the Notice of Stock Option Grant, and may be exercised during such term only in accordance
with the Plan and the terms of this Award Agreement. 
 F. Tax Obligations. 
 1. Withholding Taxes. Participant agrees to make appropriate arrangements with the Company (or the Parent or Subsidiary employing or retaining
Participant) for the satisfaction of all Federal, state, and local income and employment tax withholding requirements applicable to the Option exercise. Participant acknowledges and agrees that the Company may refuse to honor the exercise and refuse
to deliver Shares if such withholding amounts are not delivered at the time of exercise. 
 2. Notice of Disqualifying Disposition of ISO
Shares. If the Option granted to Participant herein is an ISO, and if Participant sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (a) the date two (2) years after the Grant Date,
or (b) the date one (1) year after the date of exercise, Participant will immediately notify the Company in writing of such disposition. Participant agrees that Participant may be subject to income tax withholding by the Company on the
compensation income recognized by Participant. 
 3. Code Section 409A. Under Code Section 409A, an option that vests after
December 31, 2004 that was granted with a per share exercise price that is determined by the Internal Revenue Service (the “IRS”) to be less than the fair market value of a Share of Common Stock on the date of grant (a “Discount
Option”) may be considered “deferred compensation.” A Discount Option may result in (a) income recognition by the Participant prior to the exercise of the option, (b) an additional twenty percent (20%) tax, and
(c) potential penalty and interest charges. Participant acknowledges that the Company cannot and has not guaranteed that the IRS will agree that the per share exercise price of this Option equals or exceeds the fair market value of a Share of
Common Stock on the date of grant in a later examination. Participant agrees that if the IRS determines that the Option was granted with a per share exercise price that was less than the fair market value of a Share of Common Stock on the date of
grant, Participant will be solely responsible for Participant’s costs related to such a determination. 
 G. Entire Agreement;
Governing Law. 
  

 -3- 

 The Plan is incorporated herein by reference. The Plan and this Award Agreement constitute the entire
agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Participant with respect to the subject matter hereof, and may not be modified adversely to
Participant’s interest except by means of a writing signed by the Company and Participant. This Award Agreement is governed by the internal substantive laws, but not the choice of law rules, of California. 
 H. NO GUARANTEE OF CONTINUED SERVICE. 
 PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED AN
OPTION OR PURCHASING SHARES HEREUNDER). PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED
ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE WITH PARTICIPANT’S RIGHT OR THE COMPANY’S RIGHT TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH
OR WITHOUT CAUSE. 
 [Remainder of Page Intentionally Left Blank] 
  

 -4- 

 By Participant’s signature and the signature of the Company’s representative below, Participant
and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Award Agreement. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the
advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the
Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. 
  

			
	 PARTICIPANT:
	 	OCCAM NETWORKS, INC.:
		
	  
	 	  

	Signature	 	By
		
	  
	 	  

	Print Name	 	Title
		
	  
	 	
	Residence Address	 	
	  
	 	

  

 -5- 

 EXHIBIT A 
 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 EXERCISE NOTICE 
 Occam Networks, INC. 
 77 Robin Hill Road 
 Santa Barbara, CA 93117 
 Attention: Stock Administration 
 1. Exercise of Option. Effective as of today,
                        ,             , the undersigned
(“Purchaser”) hereby elects to purchase                      shares (the “Shares”) of the Common Stock of Occam Networks
Inc. (the “Company”) under and pursuant to the 2006 Equity Incentive Plan (the “Plan”) and the Stock Option Award Agreement dated
                 (the “Award Agreement”). The purchase price for the Shares will be
$                    , as required by the Award Agreement. 
 2. Delivery of Payment. Purchaser herewith delivers to the Company the full purchase price for the Shares and any required withholding taxes to be paid in connection with the exercise of the Option. 

3. Representations of Purchaser. Purchaser acknowledges that Purchaser has received, read and understood the Plan and the Award Agreement and
agrees to abide by and be bound by their terms and conditions. 
 4. Rights as Stockholder. Until the issuance (as evidenced by the
appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company) of the Shares, no right to vote or receive dividends or any other rights as a stockholder will exist with respect to the Optioned Stock,
notwithstanding the exercise of the Option. The Shares so acquired will be issued to Participant as soon as practicable after exercise of the Option. 
 5. Tax Consultation. Purchaser understands that Purchaser may suffer adverse tax consequences as a result of Purchaser’s purchase or disposition of the Shares. Purchaser represents that Purchaser has
consulted with any tax consultants Purchaser deems advisable in connection with the purchase or disposition of the Shares and that Purchaser is not relying on the Company for any tax advice. 
 6. Entire Agreement; Governing Law. The Plan and Award Agreement are incorporated herein by reference. This Agreement, the Plan and the Award
Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Purchaser with respect to the subject matter hereof, and may
not be modified adversely to the Purchaser’s interest except by means of a writing 

 
signed by the Company and Purchaser. This agreement is governed by the internal substantive laws, but not the choice of law rules, of California. 

 

			
	 Submitted by:
	 	Accepted by:
		
	 PURCHASER:
	 	OCCAM NETWORKS, INC.:
		
	  
	 	  

	 Signature
	 	By
		
	  
	 	  

	 Print Name
	 	Its
		
	 Address:
	 	
		
	  
	 	
		
	  
	 	
		
		 	  

		 	Date Received

  

 -2- 

 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 STOCK APPRECIATION RIGHT AGREEMENT 
 Grant #              
 NOTICE OF GRANT 
 Occam Networks, Inc. (the “Company”) hereby
grants you, [                    ] (the “Grantee”), a stock appreciation right (the “SAR”) under the Company’s 2006
Equity Incentive Plan (the “Plan”), to exercise in exchange for a payment from the Company pursuant to this SAR. The date of this Agreement is
                    , 2006 (the “Grant Date”). In general, the latest date this SAR will expire is ten (10) years following the
date of adoption of the Plan by the Board (the “Expiration Date”). However, as provided in Appendix A (attached hereto), this SAR may expire earlier than the Expiration Date. Subject to the provisions of Appendix A and of the
Plan, the principal features of this SAR are as follows: 
  

					
	 Number of Shares to which this SAR pertains:
	  	[_NUMBER_____]	 	
			
	 Exercise Price per Share:
	  	$[________]	 	
			
	 Vesting Commencement Date:
	  	_______________	 	
			
	 Vesting Schedule:
	  		 	

 Twenty-five percent (25%) of the Shares to which this SAR pertains shall vest twelve
(12) months after the Vesting Commencement Date, and 1/48 of the Shares to which this SAR pertains shall vest each month thereafter on the same day of the moth as the Vesting Commencement Date (and if there is no corresponding day, on the last
day of the month), subject to Grantee’s continuing as a Service Provider through each such date. 
  

			
	 Event Triggering
Termination of
SAR:
	 	 Maximum Time to Exercise
After Triggering
Event*

	 Termination of Service due to Disability
	 	12 months
	 Termination of Service due to death
	 	12 months
	 All other Terminations of Service
	 	90 days

 *However, in no event may this SAR be exercised after the Expiration Date. 
 Your signature below indicates your agreement and understanding that this SAR is subject to all of the terms and conditions contained in this the Plan
and this SAR Agreement (the “Agreement”), which includes this Notice of Grant and Appendix A. For example, important additional information on vesting and termination of this SAR is contained in Paragraphs 3 through 5 of Appendix A.
ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS SAR. 
  

							
	 OCCAM NETWORKS, INC.:
	 		 	GRANTEE:
				
	 By
	 		 		 	
		 	 	 		 	 
		 	 Title:
	 		 	[NAME]

 APPENDIX A 
 TERMS AND CONDITIONS OF STOCK APPRECIATION RIGHTS 
 1. Grant of SAR. The Company hereby grants
to the Grantee under the Plan, as a separate incentive in connection with his or her employment and not in lieu of any salary or other compensation for his or her services, a SAR pertaining to all or any part of an aggregate of
[            ] Shares, which SAR entitles the Grantee to exercise the SAR in exchange for Shares in the amount determined under Paragraph 9 below. 
 2. Exercise Price. The purchase price per Share for this SAR (the “Exercise Price”) shall be
$[            ], which is the Fair Market Value of a Share on the Grant Date. When the SAR is exercised, the purchase price will be deemed paid by the Grantee for the exercised
portion of the SAR through the past services rendered by the Grantee, and will be subject to the appropriate tax withholdings. 
 3.
Vesting Schedule. Except as otherwise provided in this Agreement, the right to exercise this SAR will vest in accordance with the vesting schedule set forth in the Notice of Grant, which constitutes part of this Agreement. Shares scheduled to
vest on any date will vest only if the Grantee remains a Service Provider on such date. The Committee, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the SARs at any time, subject to the terms
of the Plan. If so accelerated, such SARs will be considered as having vested as of the date specified by the Committee. 
 4. Termination
of SAR. In the event of the Grantee’s termination of service as a Service Provider for any reason other than Disability or death, the Grantee may, within ninety (90) days after the date of such termination of service as a Service
Provider, or prior to the Expiration Date, whichever shall first occur, exercise any vested but unexercised portion of this SAR. In the event of the Grantee’s termination of service as a Service Provider due to Disability, the Grantee may,
within twelve (12) months after the date of such termination, or prior to the Expiration Date, whichever shall first occur, exercise any vested but unexercised portion of this SAR. 
 5. Death of Grantee. In the event that the Grantee dies while in the employ of the Company and/or a Parent or Subsidiary, the administrator or
executor of the Grantee’s estate (or such other person to whom the SAR is transferred pursuant to the Grantee’s will or in accordance with the laws of descent and distribution), may, within twelve (12) year after the date of death,
exercise any vested but unexercised portion of the SAR. Any such transferee must furnish the Company (a) written notice of his or her status as a transferee, (b) evidence satisfactory to the Company to establish the validity of the
transfer of this SAR and compliance with any laws or regulations pertaining to such transfer, and (c) written acceptance of the terms and conditions of this SAR as set forth in this Agreement. 
 6. Persons Eligible to Exercise SAR. Except as provided in Paragraph 5 above or as otherwise determined by the Committee in its discretion, this
SAR shall be exercisable during the Grantee’s lifetime only by the Grantee. 
  

 -2- 

 7. SAR is Not Transferable. Except as otherwise expressly provided herein, this SAR and the rights
and privileges conferred hereby may not be transferred, pledged, assigned or otherwise hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment or similar process. Upon any
attempt to transfer, pledge, assign, hypothecate or otherwise dispose of this SAR, or of any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this SAR and the rights and privileges
conferred hereby immediately shall become null and void. 
 8. Exercise of SAR. This SAR may be exercised by the person then entitled
to do so as to any Shares, and such exercise must be in accordance with the Company’s published exercise procedures, as in effect from time to time, which may require the Grantee to exercise this SAR through the Company’s designated broker
or administrator. All exercises must be accompanied by payment of the aggregate exercise price together with all taxes the Company determines are required to be withheld by reason of the exercise of this SAR or as are otherwise required under
Paragraph 10 below. Exercise forms are available from the Stock Plan Administration. Payment of the aggregate exercise price must be (i) in cash (including check, bank draft or money order), or (ii) for “cashless exercises”
during the open trading window, by delivery of such documentation as the Committee and any broker of deposit, if applicable, shall require to effect an exercise of the SAR and delivery to the Company of the sale or loan proceeds required to pay the
exercise price, in each case plus any applicable withholding taxes. 
 9. Payment of SAR Amount. Upon exercise of this SAR, the
Grantee shall be entitled to receive payment from the Company (the “SAR Amount”), less applicable withholdings, determined by (i) multiplying (a) the difference between the Fair Market Value of a Share on the date of exercise
over the Exercise Price; times (b) the number of Shares with respect to which this SAR is exercised. The SAR Amount shall be paid at the discretion of the Administrator in the form of cash, in Shares or equivalent value, or in some combination
thereof. Shares issued pursuant to the exercise of this SAR may be delivered in book form or listed in street name with a brokerage company of the Company’s choice. 
 10. Tax Withholding and Payment Obligations. When the Shares are issued as payment for exercised SARs, the Grantee will recognize immediate U.S. taxable income if the Grantee is a U.S. taxpayer. If the Grantee
is a non-U.S. taxpayer, the Grantee will be subject to applicable taxes in his or her jurisdiction. The Company (or the employing Parent or Subsidiary) will withhold a portion of the Shares otherwise issuable in payment for exercised SARs that have
an aggregate market value sufficient to pay the minimum federal, state and local income, employment and any other applicable taxes required to be withheld by the Company (or the employing Parent or Subsidiary) with respect to the Shares. No
fractional Shares will be withheld or issued pursuant to the exercise of SARs and the issuance of Shares thereunder; any additional withholding necessary for this reason will be done by the Company through the Grantee’s paycheck. Accordingly,
to the extent the Fair Market Value of the number of whole Shares withheld by the Company exceeds the withholding taxes, the Company will pay the Grantee the difference. The Company (or the employing Parent or Subsidiary) may instead, in its
discretion, withhold an amount necessary to pay the applicable taxes from the Grantee’s paycheck, with no withholding of Shares. In the event the withholding requirements are not satisfied through the withholding of Shares (or, through the
Grantee’s paycheck, as indicated 

  

 -3- 

 
above), no payment will be made to the Grantee (or his or her estate) for SARs unless and until satisfactory arrangements (as determined by the Committee)
have been made by the Grantee with respect to the payment of any income and other taxes which the Company determines must be withheld or collected with respect to such SARs. By accepting this award of SARs, the Grantee expressly consents to the
withholding of Shares and to any cash or Share withholding as provided for in this paragraph 10. All income and other taxes related to the SAR award and any Shares delivered in payment thereof are the sole responsibility of the Grantee.

 11. No Rights of Stockholder. Neither the Grantee (nor any transferee) shall be or have any of the rights or privileges of a
stockholder of the Company in respect of any of the Shares covered by this SAR. 
 12. No Effect on Employment. The Grantee’s
employment with the Company and any Parent or Subsidiary is on an at-will basis only, subject to the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Grantee, nothing in this Agreement or the
Plan shall confer upon the Grantee any right to continue to be employed by the Company or any Parent or Subsidiary or shall interfere with or restrict in any way the rights of the Company or the employing Parent or Subsidiary, which are hereby
expressly reserved, to terminate the employment of the Grantee at any time for any reason whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly authorized officer of
the Company or the Parent or Subsidiary employing the Grantee. A leave of absence or an interruption in service (including an interruption during military service) authorized or acknowledged by the Company or the Affiliate employing the Grantee, as
the case may be, shall not be deemed a termination of service as a Service Provider for the purposes of this Agreement. 
 13. Address for
Notices. Any notice to be given to the Company under the terms of this Agreement shall be addressed to the Company, in care of its Secretary at the Company’s headquarters, 77 Robin Hill Road, Santa Barbara, CA 93117, Attn: Stock
Administration, or at such other address as the Company may hereafter designate in writing. 
 14. Maximum Term of SAR.
Notwithstanding any other provision of this Agreement, this SAR is not exercisable after the Expiration Date. 
 15. Binding
Agreement. Subject to the limitation on the transferability of this SAR contained herein, this Agreement shall be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto.

 16. Plan Governs. This Agreement is subject to all of the terms and provisions of the Plan. In the event of a conflict between one
or more provisions of this Agreement and one or more provisions of the Plan, the provisions of the Plan shall govern. Capitalized terms and phrases used and not defined in this Agreement shall have the meaning set forth in the Plan. 
 17. Administrator Authority. The Administrator shall have all discretion, power, and authority to interpret the Plan and this Agreement and to
adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith (including, but not limited to, the determination of whether or not any SARs have vested). All actions taken and all interpretations

  

 -4- 

 
and determinations made by the Administrator in good faith shall be final and binding upon the Grantee, the Company and all other interested persons, and
shall be given the maximum deference permitted by law. No member of the Administrator shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 
 18. Captions. The captions provided herein are for convenience only and are not to serve as a basis for the interpretation or construction of this
Agreement. 
 19. Agreement Severable. In the event that any provision in this Agreement shall be held invalid or unenforceable, such
provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Agreement. 
 20. Entire Agreement. This Agreement constitutes the entire understanding of the parties on the subjects covered. The Grantee expressly warrants that he or she is not executing this Agreement in reliance on any
promises, representations, or inducements other than those contained herein. 
 21. Modifications to the Agreement. This Agreement
constitutes the entire understanding of the parties on the subjects covered. The Grantee expressly warrants that he or she is not executing this Agreement in reliance on any promises, representations, or inducements other than those contained
herein. Except as otherwise provided herein, modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or
this Agreement, the Company reserves the right to revise this Agreement as it deems necessary or advisable, in its sole discretion and without the consent of the Grantee, to avoid imposition of any additional tax or income recognition under
Section 409A of the Code prior to the actual payment of Shares pursuant to this award. 
 22. Amendment, Suspension, Termination.
By accepting this SAR, the Grantee expressly warrants that he or she has received an SAR to purchase stock under the Plan, and has received, read and understood a description of the Plan. The Grantee understands that the Plan is discretionary in
nature and may be modified, suspended or terminated by the Company at any time. 
 23. Governing Law. This Agreement shall be
construed in accordance with and governed by the laws of the State of California, other than its conflicts of laws provisions. 
 o 0 o

  

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 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 RESTRICTED STOCK AGREEMENT 
 Occam Networks, Inc. (the “Company”) hereby grants you,
[                        ] (the “Grantee”), a Stock Purchase Right to purchase restricted Common Stock of the
Company (the “Restricted Stock”) under the Company’s 2006 Equity Incentive Plan. The date of this Restricted Stock Agreement (the “Agreement”) is
[                ] (the “Grant Date”). Subject to the provisions of Appendix A (attached hereto), the principal features of this grant are as
follows: 
 Total Number of Shares of Restricted Stock:
[                ] 
 Purchase
Price per Share: $[                ], par value 
 Total Purchase Price: $[                    ] 
 Vesting Commencement Date:
[                    ] 
 Vesting Schedule:* Subject to accelerated vesting as set forth in the Plan, Restricted Stock shall vest as follows: 
 Twenty-five percent (25%) of the Restricted Shares will vest twelve (12) months after the Vesting Commencement Date, and 1/48 will vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if
there is no corresponding day, on the last day of the month). 
 *Except as otherwise provided in Appendix A, Grantee will not vest in the Restricted Stock
unless he or she is employed by the Company or one of its Affiliates through the applicable vesting date. 
 Your signature below indicates
your agreement to purchase the Shares subject to this grant and your agreement and understanding that this grant is subject to all of the terms and conditions contained in Appendix A and the Plan. For example, important additional information
on vesting and forfeiture of the Shares covered by this grant is contained in Paragraphs 3 through 6 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS
AGREEMENT.  
  

							
	 OCCAM NETWORKS, INC.:
	 		 	GRANTEE:
				
	 By:
	 		 		 	
		 	 	 		 	 
				
	 Title:
	 		 		 	
		 	 	 		 	
				
	 Date:
	 	 _______________, 200__
	 		 	Date: ______________, 200__

  

 -1- 

 APPENDIX A 
 TERMS AND CONDITIONS OF RESTRICTED STOCK AGREEMENT 
 1. Grant. The Company hereby grants to the
Grantee an award of [                ] Shares of Restricted Stock at a purchase price
$[            ] (par value) per share, commencing on the Grant Date, subject to all of the terms and conditions in this Agreement and the Plan. [By accepting this grant of
Restricted Stock, the par value purchase price for each Share of Restricted Stock will be deemed paid by the Grantee by past services rendered by the Grantee.] 
 2. Shares Held in Escrow. Unless and until the Shares of Restricted Stock shall have vested in the manner set forth in Paragraph 3, such Shares shall be issued in the name of the Grantee and held by the
Secretary of the Company (or its designee) as escrow agent (the “Escrow Agent”), and shall not be sold, transferred or otherwise disposed of, and shall not be pledged or otherwise hypothecated. The Company may determine to issue the Shares
in book entry form and/or may instruct the transfer agent for its Common Stock to place a legend on the certificates representing the Restricted Stock or otherwise note its records as to the restrictions on transfer set forth in this Agreement and
the Plan. The certificate or certificates representing such Shares shall not be delivered by the Escrow Agent to the Grantee unless and until the Shares have vested and all other terms and conditions in this Agreement have been satisfied.

 3. Vesting Schedule/Period of Restriction. Subject to Paragraphs 4 and 5 of this Agreement and Section 15 of the
Plan, the Shares of Restricted Stock awarded by this Agreement shall vest in accordance with the vesting provisions set forth on the first page of this Agreement. Shares of Restricted Stock shall not vest in the Grantee in accordance with any of the
provisions of this Agreement unless the Grantee has been continuously employed by the Company or by one of its Affiliates from the Vesting Commencement Date until the date otherwise vesting is scheduled to occur. 
 4. Administrator Discretion. The Administrator, in its discretion, may impose such other restrictions on Shares of Restricted Stock as it deems
advisable or appropriate. 
 5. Forfeiture. Notwithstanding any contrary provision of this Agreement, the balance of the Shares of
Restricted Stock that have not vested at the time of the Grantee’s termination of service as a Service Provider will be forfeited and automatically transferred to and reacquired by the Company at no cost to the Company. The Grantee shall not be
entitled to a refund of the price paid for the Shares returned to the Company pursuant to this paragraph 5. The Grantee hereby appoints the Escrow Agent with full power of substitution, as the Grantee’s true and lawful attorney-in-fact
with irrevocable power and authority in the name and on behalf of the Grantee to take any action and execute all documents and instruments, including, without limitation, stock powers which may be necessary to transfer the certificate or
certificates evidencing such unvested Shares to the Company upon such termination of service as a Service Provider. 
 6. Death of
Grantee. Any distribution or delivery to be made to the Grantee under this Agreement will, if the Grantee is then deceased, be made to the administrator or executor of the Grantee’s estate. Any such administrator or executor must furnish
the Company with (a) written 

  

 -1- 

 
notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with
any laws or regulations pertaining to said transfer, and (c) written acceptance of the terms and conditions of this Restricted Stock grant as set forth in this Agreement. 
 7. Withholding of Taxes. The Company (or the employing Parent or Subsidiary) will withhold a portion of the Shares of Restricted Stock that have
an aggregate market value sufficient to pay the minimum federal, state and local income, employment and any other applicable taxes required to withheld by the Company (or the employing Parent or Subsidiary) with respect to the Shares. No fractional
Shares will be withheld or issued pursuant to the grant of the Restricted Stock Award and the issuance of Shares thereunder; unless determined otherwise by the Company, any additional withholding necessary for this reason will be done by the Company
through the Grantee’s paycheck or through direct payment by the Grantee to the Company in the form of cash, check or other cash equivalent. The Company (or the employing Parent or Subsidiary) may instead, in its discretion, require the Grantee
to pay an amount necessary to pay the applicable taxes directly to the Company in the form of cash, check or other cash equivalent, and/or may withhold an amount necessary to pay the applicable taxes from the Grantee’s paycheck, in each case
with no withholding of Shares. In the event the withholding requirements are not satisfied through the withholding of Shares (or, through the Grantee’s paycheck or direct payment, as indicated above), no Restricted Stock will be granted to the
Grantee (or his or her estate) unless and until satisfactory arrangements (as determined by the Administrator) have been made by the Grantee with respect to the payment of any income and other taxes which the Company determines must be withheld or
collected with respect to such Shares. In addition and to the maximum extent permitted by law, the Company (or the employing Parent or Subsidiary) has the right to retain without notice from salary or other amounts payable to the Grantee, cash
having a sufficient value to satisfy any tax withholding obligations that cannot be satisfied through the withholding of otherwise deliverable Shares. By accepting this Award, the Grantee expressly consents to the withholding of Shares and to any
cash or Share withholding as provided for in this paragraph 7. All income and other taxes related to the Restricted Stock Award and any Shares delivered in payment thereof are the sole responsibility of the Grantee. 
 8. Rights as Stockholder. Neither the Grantee nor any person claiming under or through the Grantee will have any of the rights or privileges of a
stockholder of the Company in respect of any Shares deliverable hereunder unless and until certificates representing such Shares will have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to the
Grantee or the Escrow Agent. After such issuance, recordation and delivery, the Grantee will have all the rights of a stockholder of the Company with respect to voting such Shares and receipt of dividends and distributions on such Shares.

 9. No Effect on Employment. The Grantee’s employment with the Company and any Parent or Subsidiary is on an at-will basis
only, subject to the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Grantee, nothing in this Agreement or the Plan shall confer upon the Grantee any right to continue to be employed by the
Company or any Parent or Subsidiary or shall interfere with or restrict in any way the rights of the Company or the employing Parent or Subsidiary, which are hereby expressly reserved, to terminate the employment of the Grantee at any time for any
reason whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly 

  

 -2- 

 
authorized officer of the Company or the Parent or Subsidiary employing the Grantee. A leave of absence or an interruption in service (including an
interruption during military service) authorized or acknowledged by the Company or the Affiliate employing the Grantee, as the case may be, shall not be deemed a termination of service as a Service Provider for the purposes of this Agreement.

 10. Address for Notices. Any notice to be given to the Company under the terms of this Agreement will be addressed to the Company,
in care of its General Counsel, at 77 Robin Hill Road, Santa Barbara, CA 93117, Attn: Stock Administration, or at such other address as the Company may hereafter designate in writing. 
 11. Grant is Not Transferable. Except to the limited extent provided in this Agreement, the unvested Shares subject to this grant and the rights
and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to
transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Shares subject to this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the
rights and privileges conferred hereby immediately will become null and void. 
 12. Restrictions on Sale of Securities. The Shares
issued as payment for vested Restricted Stock will be registered under the U. S. federal securities laws and will be freely tradable upon receipt. However, any subsequent sale of the Shares may be subject to any market blackout-period that may be
imposed by the Company and must comply with the Company’s insider trading policies, and any other applicable securities or other laws. 
 13. Binding Agreement. Subject to the limitation on the transferability of this grant contained herein, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and
assigns of the parties hereto. 
 14. Additional Conditions to Release from Escrow. The Company shall not be required to issue any
certificate or certificates for Shares hereunder or release such Shares from the escrow established pursuant to paragraph 2 prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges
on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Shares under any state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other
governmental regulatory body, which the Administrator shall, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any approval or other clearance from any state or federal governmental agency, which the Administrator
shall, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the date of grant of the Restricted Stock as the Administrator may establish from time to time for reasons
of administrative convenience. 
 15. Plan Governs. This Agreement is subject to all terms and provisions of the Plan. In the event of
a conflict between one or more provisions of this Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Agreement will have the meaning set forth in the Plan.

  

 -3- 

 16. Administrator Authority. The Administrator will have the power to interpret the Plan and this
Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Shares
of Restricted Stock have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon the Grantee, the Company and all other interested persons. No member of the
Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 
 17. Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Agreement. 
 18. Agreement Severable. In the event that any provision in this Agreement will be held invalid or unenforceable, such provision will be severable
from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement. 
 19.
Entire Agreement. This Agreement constitutes the entire understanding of the parties on the subjects covered. The Grantee expressly warrants that he or she is not executing this Agreement in reliance on any promises, representations, or
inducements other than those contained herein. 
 20. Modifications to the Agreement. This Agreement constitutes the entire
understanding of the parties on the subjects covered. The Grantee expressly warrants that he or she is not accepting this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this
Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Agreement, the Company reserves the right to revise this
Agreement as it deems necessary or advisable, in its sole discretion and without the consent of the Grantee, to avoid imposition of any additional tax or income recognition under Section 409A of the Code prior to the actual payment of Shares
pursuant to this award. 
 21. Amendment, Suspension or Termination of the Plan. By accepting this award, the Grantee expressly
warrants that he or she has received a Stock Purchase Right under the Plan, and has received, read and understood a description of the Plan. The Grantee understands that the Plan is discretionary in nature and may be modified, suspended or
terminated by the Company at any time. 
 22. Notice of Governing Law. This option shall be governed by, and construed in accordance
with, the laws of the State of California without regard to principles of conflict of laws. 
 o 0 o 
  

 -4- 

 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 RESTRICTED STOCK UNIT AGREEMENT 
 Grant #                  
 NOTICE OF GRANT 
 Occam
Networks, Inc. (the “Company”) hereby grants you, [                ] (the “Grantee”), the number of restricted stock units indicated below
(the “Restricted Stock Units”) under the Company’s 2006 Equity Incentive Plan (the “Plan”). The date of this Agreement is
[                ] (the “Grant Date”). Subject to the provisions of Appendix A (attached hereto), and of the Plan, the principal features of this
Restricted Stock Unit grant are as follows: 
  

					
	 Total Number of Restricted Stock Units:
	 	[___________]	 	
			
	 Purchase Price per Share:
	 	$0.000___	 	
			
	 Total Purchase Price:
	 	$[________]	 	
			
	 Vesting Commencement Date:
	 	[_______]	 	

 Vesting Schedule:* Subject to accelerated vesting as set forth in the Plan, Restricted Stock Units shall
vest as follows: 
 Twenty-five percent (25%) of the Restricted Stock Units shall vest twelve (12) months after the Vesting
Commencement Date, and 1/48 of the Restricted Stock Units shall vest each month thereafter (and if there is no corresponding day, on the last day of the month), subject to Grantee’s continuing as a Service Provider through each such date.

 *Except as otherwise provided in Appendix A, Grantee will not vest in the Restricted Stock Units unless he or she is employed by the Company or one of its
Affiliates through the applicable vesting date. 
 Your signature below indicates your agreement and understanding that this grant is subject
to all of the terms and conditions contained in this the Plan and this Restricted Stock Unit Agreement (the “Agreement”), which includes this Notice of Grant and Appendix A. For example, important additional information on vesting and
termination of this Restricted Stock Unit grant is contained in Paragraphs 4 through 7 of Appendix A. ACCORDINGLY, PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS RESTRICTED STOCK UNIT
GRANT. 
  

							
	 OCCAM NETWORKS, INC.:
	 		  	GRANTEE:
				
	 By
	 		 		  	
		 	 	 		  	 
				
	 Title:
	 		 		  	
		 	 	 		  	
				
	 Date:
	 	 ______________, 200__
	 		  	Date: ______________, 200__

 APPENDIX A 
 TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS 
 1. Grant. The Company hereby grants to the
Grantee under the Plan at the per share price of $[            ], equal to the par value of a Share, the number of Restricted Stock Units indicated in the Notice of Grant, subject to
all of the terms and conditions in this Agreement and the Plan. 
 2. Payment of Purchase Price. When the Restricted Stock Units are
paid out to the Grantee, the purchase price will be deemed paid by the Grantee for each Restricted Stock Unit through the past services rendered by the Grantee, and will be subject to the appropriate tax withholdings. 
 3. Company’s Obligation to Pay. Each Restricted Stock Unit has a value equal to the Fair Market Value of a Share on the date of grant. Unless
and until the Restricted Stock Units have vested in the manner set forth in paragraphs 4 or 5, the Grantee will have no right to payment of such Restricted Stock Units. Prior to actual payment of any vested Restricted Stock Units, such
Restricted Stock Units will represent an unsecured obligation of the Company. Payment of any vested Restricted Stock Units will be made in cash, Shares or any combination thereof. 
 4. Vesting Schedule. Except as otherwise provided in this Agreement, the Restricted Stock Units awarded by this Agreement are scheduled to vest in
accordance with the vesting schedule set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on any such date actually will vest only if the Grantee remains a Service Provider through such date. 
 5. Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the
balance, of the Restricted Stock Units at any time, subject to the terms of the Plan. If so accelerated, such Restricted Stock Units will be considered as having vested as of the date specified by the Administrator. If the Administrator, in its
discretion, accelerates the vesting of the balance, or some lesser portion of the balance, of the Restricted Stock Units, the payment of such accelerated Restricted Stock Units nevertheless shall be made at the same time or times as if such
Restricted Stock Units had vested in accordance with the vesting schedule set forth in the Notice of Grant (whether or not the Grantee remains in a Service Provider through such date(s)). 
 6. Payment after Vesting. Any Restricted Stock Units that vest in accordance with paragraph 4 will be paid to the Grantee (or in the event of the
Grantee’s death, to his or her estate) in cash, Shares or any combination thereof, as determined by the Administrator, in its sole discretion, as soon as practicable following the date of vesting, subject to paragraph 9. Any Restricted
Stock Units that vest in accordance with paragraph 5 will be paid to the Grantee (or in the event of the Grantee’s death, to his or her estate) in cash, Shares or any combination thereof, as determined by the Administrator, in its sole
discretion, in accordance with the provision of such paragraph, subject to paragraph 9. 
 7. Forfeiture. Notwithstanding any
contrary provision of this Agreement, the balance of the Restricted Stock Units that have not vested pursuant to paragraphs 4 or 5 at the time the Grantee ceases to be a Service Provider will be forfeited and automatically transferred to and
reacquired by the Company at no cost to the Company. The Grantee shall not be entitled to a refund of any of the 

  

 -2- 

 
price paid for the Restricted Stock Units forfeited to the Company pursuant to this paragraph 7. 
 8. Death of Grantee. Any distribution or delivery to be made to the Grantee under this Agreement will, if the Grantee is then deceased, be made to
the administrator or executor of the Grantee’s estate (or such other person to whom the Restricted Stock Units are transferred pursuant to the Grantee’s will or in accordance with the laws of descent and distribution). Any such transferee
must furnish the Company (a) written notice of his or her status as a transferee, (b) evidence satisfactory to the Company to establish the validity of the transfer of these Restricted Stock Units and compliance with any laws or
regulations pertaining to such transfer, and (c) written acceptance of the terms and conditions of this Restricted Stock Unit grant as set forth in this Agreement. 
 9. Withholding of Taxes. When the Shares are issued as payment for vested Restricted Stock Units, the Grantee will recognize immediate U.S. taxable income if the Grantee is a U.S. taxpayer. If the Grantee is a
non-U.S. taxpayer, the Grantee may be subject to applicable taxes in his or her jurisdiction. The Company (or the employing Parent or Subsidiary) will withhold a portion of the cash or Shares otherwise issuable in payment for vested Restricted Stock
Units that have an aggregate market value sufficient to pay the minimum federal, state and local income, employment and any other applicable taxes required to be withheld by the Company (or the employing Parent or Subsidiary) with respect to the
Shares. No fractional Shares will be withheld or issued pursuant to the grant of Restricted Stock Units and the issuance of Shares thereunder. The Company (or the employing Parent or Subsidiary) may instead, in its discretion, withhold an amount
necessary to pay the applicable taxes from the Grantee’s paycheck, with no withholding of Shares. In the event the withholding requirements are not satisfied through the withholding of Shares (or, through the Grantee’s paycheck, as
indicated above), no payment will be made to the Grantee (or his or her estate) for Restricted Stock Units unless and until satisfactory arrangements (as determined by the Administrator) have been made by the Grantee with respect to the payment of
any income and other taxes which the Company determines must be withheld or collected with respect to such Restricted Stock Units. By accepting this Award, the Grantee expressly consents to the withholding of Shares and to any cash or Share
withholding as provided for in this paragraph 9. All income and other taxes related to the Restricted Stock Unit award and any Shares delivered in payment thereof are the sole responsibility of the Grantee. 
 10. Rights as Stockholder. Neither the Grantee nor any person claiming under or through the Grantee shall have any of the rights or privileges of
a stockholder of the Company in respect of any Shares deliverable hereunder unless and until certificates representing such Shares (which may be in book entry form) shall have been issued, recorded on the records of the Company or its transfer
agents or registrars, and delivered to the Grantee (including through electronic delivery to a brokerage account). Notwithstanding any other part of this Agreement, any quarterly or other regular, periodic dividends or distributions (as determined
by the Company) paid on Shares will accrue with respect to (i) unvested Restricted Stock Units, and (ii) Restricted Stock Units that are vested but unpaid pursuant to paragraph 5, and in each case will be paid out at the same time or
time(s) as the underlying Restricted Stock Units on which such dividends or other distributions have accrued. After such issuance, recordation and delivery, the Grantee will have all the rights of a stockholder of the Company with respect to voting
such Shares and receipt of dividends and distributions on such Shares. 
  

 -3- 

 11. No Effect on Employment. The Grantee’s employment with the Company and any Parent or
Subsidiary is on an at-will basis only, subject to the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Grantee, nothing in this Agreement or the Plan shall confer upon the Grantee any right to
continue to be employed by the Company or any Parent or Subsidiary or shall interfere with or restrict in any way the rights of the Company or the employing Parent or Subsidiary, which are hereby expressly reserved, to terminate the employment of
the Grantee at any time for any reason whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly authorized officer of the Company or the Parent or Subsidiary employing
the Grantee. A leave of absence or an interruption in service (including an interruption during military service) authorized or acknowledged by the Company or the Affiliate employing the Grantee, as the case may be, shall not be deemed a termination
of service as a Service Provider for the purposes of this Agreement. 
 12. Address for Notices. Any notice to be given to the Company
under the terms of this Agreement shall be addressed to the Company, in care of its Secretary at the Company’s headquarters, 77 Robin Hill Road, Santa Barbara, CA 93117, Attn: Stock Administration, or at such other address as the Company may
hereafter designate in writing. 
 13. Grant is Not Transferable. Except to the limited extent provided in paragraph 8 above, this
grant and the rights and privileges conferred hereby shall not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to sale under execution, attachment or similar process.
Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or of any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and
privileges conferred hereby immediately shall become null and void. 
 14. Restrictions on Sale of Securities. The Shares issued as
payment for vested Restricted Stock Units awarded under this Agreement will be registered under the federal securities laws and will be freely tradable upon receipt. However, any subsequent sale of the Shares will be subject to any market
blackout-period that may be imposed by the Company and must comply with the Company’s insider trading policies, and any other applicable securities laws. 
 15. Binding Agreement. Subject to the limitation on the transferability of this grant contained herein, this Agreement shall be binding upon and inure to the benefit of the heirs, legatees, legal
representatives, successors and assigns of the parties hereto. 
 16. Additional Conditions for Issuance of Stock. The shares of stock
deliverable to the Grantee may be either previously authorized but unissued shares or issued shares, which have been reacquired by the Company. The Company shall not be required to transfer on its books or list in street name with a brokerage
company or otherwise issue any certificate or certificates for Shares hereunder prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then
listed; and (b) the completion of any registration or other qualification of such Shares under any state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body,
which the Administrator shall, in its absolute discretion, deem necessary or advisable; and (c) the obtaining of any approval or other clearance from any state or federal governmental agency, which the Administrator shall, in its absolute
discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the date of 

  

 -4- 

 
vesting of the Restricted Stock Units as the Administrator may establish from time to time for reasons of administrative convenience. 
 17. Plan Governs. This Agreement is subject to all terms and provisions of the Plan. In the event of a conflict between one or more provisions of
this Agreement and one or more provisions of the Plan, the provisions of the Plan shall govern. Capitalized terms used and not defined in this Agreement shall have the meaning set forth in the Plan. 
 18. Administrator Authority. The Administrator shall have the power to interpret the Plan and this Agreement and to adopt such rules for the
administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Restricted Stock Units have vested). All actions
taken and all interpretations and determinations made by the Administrator shall be final and binding upon the Grantee, the Company and all other persons, and shall be given the maximum deference permitted by law. No member of the Administrator
shall be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 
 19. Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Agreement. 
 20. Agreement Severable. In the event that any provision in this Agreement shall be held invalid or unenforceable, such provision shall be severable from, and such invalidity or unenforceability shall not be
construed to have any effect on, the remaining provisions of this Agreement. 
 21. Entire Agreement. This Agreement constitutes the
entire understanding of the parties on the subjects covered. The Grantee expressly warrants that he or she is not executing this Agreement in reliance on any promises, representations, or inducements other than those contained herein. 
 22. Modifications to the Agreement. This Agreement constitutes the entire understanding of the parties on the subjects covered. The Grantee
expressly warrants that he or she is not accepting this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written
contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Agreement, the Company reserves the right to revise this Agreement as it deems necessary or advisable, in its sole discretion
and without the consent of the Grantee, to avoid imposition of any additional tax or income recognition under Section 409A of the Code prior to the actual payment of Shares pursuant to this award of Restricted Stock Units. 
 23. Amendment, Suspension or Termination of the Plan. By accepting this award, the Grantee expressly warrants that he or she has received an award
under the Plan, and has received, read and understood a description of the Plan. The Grantee understands that the Plan is discretionary in nature and may be modified, suspended or terminated by the Company at any time. 
 24. Governing Law. This grant of Restricted Stock Units shall be governed by, and construed in accordance with, the laws of the State of
California, without regard to its conflict of laws provisions. 
  

 -5- 

 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 NOTICE OF GRANT OF PERFORMANCE SHARES 
 Unless otherwise defined herein, the terms defined in the Occam Networks, Inc. (the “Company”) 2006 Equity Incentive Plan (the
“Plan”) shall have the same defined meanings in this Notice of Grant. 
  

			
	 Name of Grantee:
	 	_____________________

 You have been granted Performance Shares under the Plan with a target award of
             Performance Shares up to a maximum award of              Performance Shares. Each such Performance
Share is equivalent to one Share of Common Stock of the Company for purposes of determining the number of Shares subject to this award. None of the Performance Shares will be issued (nor will you have the rights of a stockholder with respect to the
underlying Shares) until the vesting conditions described below are satisfied. Additional terms of this grant are as follows: 
  

			
	 Date of Grant:
	  	________, 200__
		
	 Performance Period:
	  	The Company’s 200__ fiscal year ending _______, 200__
		
	 Payment Date:
	  	_______, 200__
		
	 Vesting Schedule:
	  	The amount of your Performance Share Award up to the maximum set forth above will vest in the amount of twenty-five percent (25%) of the Performance Shares on each anniversary of the Date of
Grant, subject to your continued employment with the Company or its Subsidiaries through the applicable vesting date.
		
	 Determination of Amount:
	  	Provided that you are actively employed with the Company or any Parent or Subsidiary of the Company as of the Payment Date, you will be eligible to receive all or a portion of the Performance
Share Award based upon the achievement by the Company in the Performance Period of the goals as defined and set forth on the Performance Share Payment Schedule contained in Appendix A. In no event will you receive any Performance Shares unless the
Company achieves the goals for the Performance Period. In no event will you receive more than the maximum number of Performance Shares set forth above.

 The Grantee acknowledges and agrees that this agreement and the vesting schedule set forth herein
does not constitute an express or implied promise of continued engagement as a Service Provider for the vesting period, for any period, or at all, and shall not interfere with your right or the 

 
Company’s right to terminate your relationship as a Service Provider at any time, with or without cause. 
 The Grantee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to
the Plan and this Award. 
 By your signature and the signature of the Company’s representative below, you and the Company agree that
this Notice of Grant, the Performance Share Payment Schedule attached as Appendix A hereto, the form of Performance Share Agreement attached as Appendix B hereto, and the Plan constitute your entire agreement with respect to this Award and may not
be modified adversely to your interest except by means of a writing signed by the Company and you. 
  

					
	OCCAM NETWORKS, INC.:	 	 	  	GRANTEE:
			
	  
	 	 	  	  

	 By
	 		  	Signature
			
	  
	 		  	  

	 Title
	 		  	Print Name

  

 2 

 APPENDIX A 
 PERFORMANCE SHARE PAYMENT SCHEDULE 
 Goals: 

 APPENDIX B 
 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 PERFORMANCE SHARE AGREEMENT 
 1.
Grant. Occam Networks, Inc. (the “Company”) hereby grants to you, [Name] (the “Participant”) an award of Performance Shares, as set forth in the Notice of Grant of Performance Shares (the “Notice of
Grant”) and subject to the terms and conditions in this Performance Share Agreement (the “Agreement”) and the Company’s 2006 Equity Incentive Plan (the “Plan”). Unless otherwise defined herein, the terms defined in the
Plan shall have the same defined meanings in this Agreement. 
 2. Company’s Obligation to Pay. Each Performance Share has a
value equal to the Fair Market Value of a Share on the date of grant. Unless and until the Performance Shares vest, the Participant will have no right to receive payment of such Performance Shares. Prior to actual payment of any vested Performance
Shares, such Performance Shares will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. 
 3. Vesting Schedule. Subject to paragraph 6, the Performance Shares awarded by this Agreement will vest in the Participant according to the vesting schedule specified in the Notice of Grant. 
 4. Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the
balance, of the Performance Shares at any time, subject to the terms of the Plan. If so accelerated, such Performance Shares will be considered as having vested as of the date specified by the Administrator. 
 5. Payment after Vesting. Any Performance Shares that vest in accordance with paragraph 3 or 4 will be paid to the Participant (or in the event of
the Participant’s death, to his or her estate) in cash, Shares or a combination thereof, as determined by the Administrator, in its sole discretion, as soon as practicable following the date of vesting, subject to paragraph 8. 
 6. Forfeiture upon Termination as Service Provider. Subject to the vesting schedule specified in the Notice of Grant and any acceleration
provisions set forth in the Plan, if the Participant terminates service as a Service Provider for any or no reason prior to vesting, the unvested Performance Shares awarded by this Agreement will thereupon be forfeited at no cost to the Company.

 7. Payments after Death. Any distribution or delivery to be made to the Participant under this Agreement will, if the Participant
is then deceased, be made to the administrator or executor of the Participant’s estate. The estate will be entitled to receive that number of Performance Shares that would have been earned and paid out had you remained a Service Provider
through the Payment Date, pro-rated based on the amount of time you were a Service Provider during the Performance Period before your death. Any such administrator or executor must furnish the Company with (a) written notice of his or her
status as transferee, (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations 

 
pertaining to said transfer and (c) written acceptance of the terms and conditions of this Performance Share as set forth in this Agreement. 

8. Withholding of Taxes. When the Shares are issued as payment for vested Performance Shares, the Grantee will recognize immediate U.S. taxable
income if the Grantee is a U.S. taxpayer. If the Grantee is a non-U.S. taxpayer, the Grantee may be subject to applicable taxes in his or her jurisdiction. The Company (or the employing Parent or Subsidiary) will withhold a portion of the cash or
Shares otherwise issuable in payment for vested Performance Shares that have an aggregate market value sufficient to pay the minimum federal, state and local income, employment and any other applicable taxes required to be withheld by the Company
(or the employing Parent or Subsidiary) with respect to the Shares. No fractional Shares will be withheld or issued pursuant to the grant of Performance Shares and the issuance of Shares thereunder. The Company (or the employing Parent or
Subsidiary) may instead, in its discretion, withhold an amount necessary to pay the applicable taxes from the Grantee’s paycheck, with no withholding of Shares. In the event the withholding requirements are not satisfied through the withholding
of Shares (or, through the Grantee’s paycheck, as indicated above), no payment will be made to the Grantee (or his or her estate) for Performance Shares unless and until satisfactory arrangements (as determined by the Administrator) have been
made by the Grantee with respect to the payment of any income and other taxes which the Company determines must be withheld or collected with respect to such Performance Shares. By accepting this Award, the Grantee expressly consents to the
withholding of Shares and to any cash or Share withholding as provided for in this paragraph 8. All income and other taxes related to the Performance Share award and any Shares delivered in payment thereof are the sole responsibility of the
Grantee. 
 9. Rights as Stockholder. Neither the Participant nor any person claiming under or through the Participant will have any
of the rights or privileges of a stockholder of the Company in respect of any Shares deliverable hereunder unless and until certificates representing such Shares will have been issued, recorded on the records of the Company or its transfer agents or
registrars, and delivered to the Participant or Participant’s broker. Notwithstanding any contrary provisions in this Agreement, any quarterly or other regular, periodic dividends or distributions (as determined by the Company) paid on Shares
will affect neither unvested Performance Shares nor Performance Shares that are vested but unpaid, and no such dividends or other distributions will be paid on unvested Performance Shares or Performance Shares that are vested but unpaid. After such
issuance, recordation and delivery, the Employee will have all the rights of a stockholder of the Company with respect to voting such Shares and receipt of dividends and distributions on such Shares. 
 10. No Effect on Employment. The Grantee’s employment with the Company and any Parent or Subsidiary is on an at-will basis only, subject to
the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Grantee, nothing in this Agreement or the Plan shall confer upon the Grantee any right to continue to be employed by the Company or any
Parent or Subsidiary or shall interfere with or restrict in any way the rights of the Company or the employing Parent or Subsidiary, which are hereby expressly reserved, to terminate the employment of the Grantee at any time for any reason
whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly authorized officer of the Company or the Parent or Subsidiary employing the Grantee. A leave of absence or an
interruption in service (including an interruption during military service) authorized or 

  

 2 

 
acknowledged by the Company or the Affiliate employing the Grantee, as the case may be, shall not be deemed a termination of service as a Service Provider
for the purposes of this Agreement. 
 11. Address for Notices. Any notice to be given to the Company under the terms of this
Agreement will be addressed to the Company at 77 Robin Hill Road, Santa Barbara, CA 93117, Attn: Stock Administration, or at such other address as the Company may hereafter designate in writing or electronically. 
 12. Grant is Not Transferable. Except to the limited extent provided in paragraph 7, this grant and the rights and privileges conferred
hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge,
hypothecate or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will
become null and void. 
 13. Restrictions on Sale of Securities. The Shares issued as payment for vested Performance Shares awarded
under this Agreement will be registered under the federal securities laws and will be freely tradable upon receipt. However, any subsequent sale of the Shares will be subject to any market blackout-period that may be imposed by the Company and must
comply with the Company’s insider trading policies, and any other applicable securities laws. 
 14. Binding Agreement. Subject
to the limitation on the transferability of this grant contained herein, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 
 15. Additional Conditions to Issuance of Certificates for Shares. The Company shall not be required to issue any certificate or certificates for
Shares hereunder prior to fulfillment of all the following conditions: (a) the admission of such Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other
qualification of such Shares under any state or federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Administrator shall, in its absolute discretion, deem
necessary or advisable; (c) the obtaining of any approval or other clearance from any state or federal governmental agency, which the Administrator shall, in its absolute discretion, determine to be necessary or advisable; and (d) the
lapse of such reasonable period of time following the date of vesting of the Performance Shares as the Administrator may establish from time to time for reasons of administrative convenience. 
 16. Plan Governs. This Agreement and the Notice of Grant are subject to all terms and provisions of the Plan. In the event of a conflict between
one or more provisions of this Agreement or the Notice of Grant and one or more provisions of the Plan, the provisions of the Plan will govern. 
 17. Administrator Authority. The Administrator will have the power to interpret the Plan and this Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to
interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Performance Shares have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be
final and binding upon Participant, the Company and all other interested persons. No member of the 

  

 3 

 
Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Agreement.

 18. Captions. The captions provided herein are for convenience only and are not to serve as a basis for the interpretation or
construction of this Agreement. 
 19. Agreement Severable. In the event that any provision in this Agreement shall be held invalid or
unenforceable, such provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Agreement. 
 20. Agreement Severable. In the event that any provision in this Agreement shall be held invalid or unenforceable, such provision shall be
severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of this Agreement. 
 21. Modifications to the Agreement. This Agreement constitutes the entire understanding of the parties on the subjects covered. The Grantee expressly warrants that he or she is not executing this Agreement in reliance on any
promises, representations, or inducements other than those contained herein. Except as otherwise provided herein, modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of
the Company. Notwithstanding anything to the contrary in the Plan or this Agreement, the Company reserves the right to revise this Agreement as it deems necessary or advisable, in its sole discretion and without the consent of the Grantee, to avoid
imposition of any additional tax or income recognition under Section 409A of the Code prior to the actual payment of Shares pursuant to this award. 
 22. Amendment, Suspension, Termination. By accepting this Performance Share, the Grantee expressly warrants that he or she has received a Performance Share under the Plan, and has received, read and understood
a description of the Plan. The Grantee understands that the Plan is discretionary in nature and may be modified, suspended or terminated by the Company at any time. 
 23. Governing Law. This Agreement shall be construed in accordance with and governed by the laws of the State of California, other than its conflicts of laws provisions. 
 o 0 o 
  

 4 

 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 OUTSIDE DIRECTOR STOCK OPTION AWARD AGREEMENT 
 Unless otherwise defined herein, the terms defined in the 2006 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this
Stock Option Award Agreement (the “Award Agreement”). 
  

	I.	NOTICE OF STOCK OPTION GRANT 

 Name:

 Address: 
 As an
Outside Director, you have been granted an option to purchase Common Stock of the Company, subject to the terms and conditions of the Plan and this Award Agreement, as follows: 
  

					
	 Grant Number:
	  		  	
		  	 	  	
			
	 Date of Grant:
	  		  	
		  	 	  	
			
	 Vesting Commencement Date:
	  		  	
		  	 	  	
			
	 Exercise Price per Share:
	  	 $
	  	
		  	 	  	
			
	 Total Number of Shares Granted:
	  		  	
		  	 	  	
			
	 Total Exercise Price:
	  	 $
	  	
		  	 	  	
			
	 Type of Option:
	  	 Nonstatutory Stock Option
	  	
			
	 Term/Expiration Date:
	  		  	
		  	 	  	
			
	 Vesting Schedule:
	  		  	

 Subject to accelerated vesting as set forth below or in the Plan, this Option may be exercised, in
whole or in part, in accordance with the following schedule: 
 Twenty-five percent (25%) of the Shares subject to the Option will vest
twelve (12) months after the Vesting Commencement Date, and 1/48 of the Shares subject to the Option will vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the
last day of the month), subject to Participant continuing to be a Service Provider through such dates. 
 Termination Period:

 This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination
is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be Service Provider. Notwithstanding the foregoing, in no event may this Option be exercised
after the Term/Expiration 

 
Date as provided above and may be subject to earlier termination as provided in Section 15(c) of the Plan. 
  

	II.	AGREEMENT 

 A. Grant of Option.

 The Administrator hereby grants to individual named in the Notice of Stock Option Grant attached as Part I of this Agreement (the
“Participant”) an option (the “Option”) to purchase the number of Shares, as set forth in the Notice of Stock Option Grant, at the exercise price per share set forth in the Notice of Stock Option Grant (the “Exercise
Price”), subject to the terms and conditions of the Plan, which is incorporated herein by reference. Subject to Section 20(c) of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions
of this Award Agreement, the terms and conditions of the Plan will prevail. 
 B. Exercise of Option. 
 1. Right to Exercise. This Option is exercisable during its term in accordance with the Vesting Schedule set out in the Notice of Stock Option
Grant and the applicable provisions of the Plan and this Award Agreement. 
 2. Method of Exercise. This Option is exercisable by
delivery of an exercise notice, in the form attached as Exhibit A (the “Exercise Notice”) or in such other form and manner as determined by the Administrator, which will state the election to exercise the Option, the number of
Shares in respect of which the Option is being exercised (the “Exercised Shares”), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice will be
completed by Participant and delivered to the Company. The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable withholding taxes. This Option will be deemed to be
exercised upon receipt by the Company of such fully executed Exercise Notice accompanied by such aggregate Exercise Price. 
 No Shares will
be issued pursuant to the exercise of this Option unless such issuance and exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Exercised Shares will be considered transferred to Participant on the date the
Option is exercised with respect to such Exercised Shares. 
 C. Method of Payment. 
 Payment of the aggregate Exercise Price will be by any acceptable form(s) of consideration, including the method of payment, to the extent permitted by
Applicable Laws, as defined in the Plan, as determined by the Administrator. 
 D. Non-Transferability of Option. 
 This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the
lifetime of Participant only by Participant. 
  

 -2- 

 E. Change in Control. 
 Notwithstanding the provisions of Section 15(c) of the Plan, upon a Change in Control, as defined in the Plan, the Participant shall immediately be
fully vested in any unvested Options granted under this Agreement. 
 F. Term of Option. 
 This Option may be exercised only within the term set out in the Notice of Stock Option Grant, and may be exercised during such term only in accordance
with the Plan and the terms of this Award Agreement. 
 G. Tax Obligations. 
 1. Withholding Taxes. Some of the federal tax consequences relating to this Option, as of the date of this Option, are set forth below. THIS
SUMMARY IS NECESSARILY INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. THE PARTICIPANT SHOULD CONSULT A TAX ADVISER BEFORE EXERCISING THIS OPTION OR DISPOSING OF THE SHARES. 
 (a) Exercising the Option. The Participant may incur regular federal income tax liability upon exercise of a Nonstatutory Stock Option. The
Participant will be treated as having received compensation income (taxable at ordinary income tax rates) equal to the excess, if any, of the fair market value of the exercised shares on the date of exercise over their aggregate Exercise Price.

 (b) Disposition of Shares. If the Participant holds NSO Shares for at least one year, any gain realized on disposition of the
Shares will be treated as long-term capital gain for federal income tax purposes. 
 2. Code Section 409A. Under Code
Section 409A, an option that vests after December 31, 2004 that was granted with a per share exercise price that is determined by the Internal Revenue Service (the “IRS”) to be less than the fair market value of a Share of Common
Stock on the date of grant (a “Discount Option”) may be considered “deferred compensation.” A Discount Option may result in (a) income recognition by the Participant prior to the exercise of the option, (b) an
additional twenty percent (20%) tax, and (c) potential penalty and interest charges. Participant acknowledges that the Company cannot and has not guaranteed that the IRS will agree that the per share exercise price of this Option equals or
exceeds the fair market value of a Share of Common Stock on the date of grant in a later examination. Participant agrees that if the IRS determines that the Option was granted with a per share exercise price that was less than the fair market value
of a Share of Common Stock on the date of grant, Participant will be solely responsible for Participant’s costs related to such a determination. 
 H. Entire Agreement; Governing Law. 
 The Plan is incorporated herein by reference. The Plan and this
Award Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Participant with respect to the subject matter hereof,
and may not be modified adversely to Participant’s interest except by 

  

 -3- 

 
means of a writing signed by the Company and Participant. This Award Agreement is governed by the internal substantive laws, but not the choice of law rules,
of California. 
 I. NO GUARANTEE OF CONTINUED SERVICE. 
 PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (AND NOT THROUGH THE ACT OF BEING
HIRED, BEING GRANTED AN OPTION OR PURCHASING SHARES HEREUNDER). PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR
IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE WITH PARTICIPANT’S RIGHT OR THE COMPANY’S RIGHT TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A
SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 
 [Remainder of Page Intentionally Left Blank] 
  

 -4- 

 By Participant’s signature and the signature of the Company’s representative below, Participant
and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Award Agreement. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the
advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the
Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. 
  

							
	 PARTICIPANT:
	 		  	OCCAM NETWORKS, INC.:	  	
				
	  
	 		  	  
	  	
	 Signature
	 		  	By	  	
				
	  
	 		  	  
	  	
	 Print Name
	 		  	Title	  	
				
	  
	 		  		  	
	 Residence Address
	 		  		  	
	  
	 		  		  	

  

 -5- 

 EXHIBIT A 
 OCCAM NETWORKS, INC. 
 2006 EQUITY INCENTIVE PLAN 
 EXERCISE NOTICE 
 Occam Networks, Inc. 
 77 Robin Hill Road 
 Santa Barbara, CA 93117 
 Attention: Stock Administration 
 1. Exercise of Option. Effective as of today,
                        ,             , the undersigned
(“Purchaser”) hereby elects to purchase                      shares (the “Shares”) of the Common Stock of Occam Networks
Inc. (the “Company”) under and pursuant to the 2006 Equity Incentive Plan (the “Plan”) and the Stock Option Award Agreement dated              (the “Award
Agreement”). The purchase price for the Shares will be $                    , as required by the Award Agreement. 
 2. Delivery of Payment. Purchaser herewith delivers to the Company the full purchase price for the Shares and any required withholding taxes to be
paid in connection with the exercise of the Option. 
 3. Representations of Purchaser. Purchaser acknowledges that Purchaser has
received, read and understood the Plan and the Award Agreement and agrees to abide by and be bound by their terms and conditions. 
 4.
Rights as Stockholder. Until the issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company) of the Shares, no right to vote or receive dividends or any other rights as a
stockholder will exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Shares so acquired will be issued to Participant as soon as practicable after exercise of the Option. 
 5. Tax Consultation. Purchaser understands that Purchaser may suffer adverse tax consequences as a result of Purchaser’s purchase or
disposition of the Shares. Purchaser represents that Purchaser has consulted with any tax consultants Purchaser deems advisable in connection with the purchase or disposition of the Shares and that Purchaser is not relying on the Company for any tax
advice. 
 6. Entire Agreement; Governing Law. The Plan and Award Agreement are incorporated herein by reference. This Agreement, the
Plan and the Award Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and Purchaser with respect to the subject
matter hereof, and may not be modified adversely to the Purchaser’s interest except by means of a writing 

 
signed by the Company and Purchaser. This agreement is governed by the internal substantive laws, but not the choice of law rules, of California. 

 

					
	 Submitted by:
	 		  	Accepted by:
			
	 PURCHASER:
	 		  	OCCAM NETWORKS, INC.:
			
	  
	 		  	  

	 Signature
	 		  	By
			
	  
	 		  	  

	 Print Name
	 		  	Its
			
	 Address:
	 		  	
	  
	 		  	
			
	  
	 		  	
			
		 		  	  

		 		  	Date Received

  

 -2-

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