Document:

EX-10.16

 Exhibit 10.16 
 ONE GAS, INC. 
 EMPLOYEE STOCK PURCHASE PLAN 

 

	1.	Establishment and Purpose 

By unanimous consent, the Board of Directors of the Company approved the adoption of this Plan effective as of the Effective Date, subject
to approval by ONEOK, Inc., the Company’s sole shareholder, prior to the Effective Date. The purpose of this Plan is to provide eligible employees the opportunity to purchase Common Stock at a discount on a basis that qualifies for the tax
treatment prescribed by Section 423 of the Code. 
  

	2.	Definitions 

 The
following terms, when used in the Plan, shall have the following meanings: 
  

	 	(a)	Base Compensation means, with respect to any offering period: (i) in the case of an employee normally paid an hourly rate, the employee’s hourly rate at the
inception of the offering period multiplied by 2,080, (ii) in the case of an employee normally paid at a weekly rate, the employee’s weekly rate at the inception of the offering period multiplied by 52, (iii) in the case of an
employee normally paid at a bi-weekly rate, the employee’s bi-weekly rate at the inception of the offering period multiplied by 26, (iv) in the case of an employee normally paid at a monthly rate, the employee’s monthly rate at the
inception of the offering period multiplied by 12; and (v) in the case of an employee normally paid at an annual rate, the employee’s annual rate at the inception of the offering period. Base compensation shall be determined by reference
to the applicable rate before any deductions pursuant to a salary reduction agreement under any plan qualified under Section 401(k) of the Code or any cafeteria plan under Code Section 125 and shall exclude any bonuses, commissions,
overtime pay, fringe benefits, stock options and other special compensation payable to an employee. 

  

	 	(b)	Board or Board of Directors means the Board of Directors of the Company, as constituted from time to time. 

 

	 	(c)	Code means the Internal Revenue Code of 1986, as amended from time to time. References to the Code or to a particular section of the Code shall include references to
any related Treasury Regulations and rulings and to successor provisions. 

  

	 	(d)	Committee means the committee appointed by the Board of Directors to administer the Plan pursuant to the provisions of Section 3(a) below.

  

	 	(e)	Common Stock means common stock, par value $0.01, of the Company. 

  

	 	(f)	Company means ONE Gas, Inc., an Oklahoma corporation, its successors and assigns. 

 

	 	(g)	Effective Date means the effective date of the distribution of all of the outstanding shares of Company Common Stock to the holders of shares of ONEOK, Inc. common
stock in connection with the separation of the ONEOK, Inc. local natural gas distribution business into an independent, publicly traded entity to be known as One Gas, Inc. 

 

	 	(h)	Exchange Act means the Securities Exchange Act of 1934, as amended from time to time. 

	 	(i)	Fair Market Value on a particular date means the average of the high and low sale prices of the Common Stock in consolidated trading on the date in question as reported
by The Wall Street Journal or another reputable source designated by the Committee; provided that if there were no sales on such date reported as provided above, the respective prices on the most recent prior day for which a sale was so reported. If
the foregoing method of determining fair market value should be inconsistent with Section 423 of the Code, “Fair Market Value” shall be determined by the Committee in a manner consistent with such section of the Code and shall mean
the value as so determined. 

  

	 	(j)	General Counsel means the General Counsel of the Company serving from time to time. 

 

	 	(k)	Plan means this ONE Gas, Inc. Employee Stock Purchase Plan set forth in these pages, as amended from time to time. 

 

	 	(l)	SEC Rule 16b-3 means Rule 16b-3 of the Securities and Exchange Commission promulgated under the Exchange Act, as such rule or any successor rule may be in effect from
time to time. 

  

	 	(m)	Section 16 Person means a person subject to Section 16(b) of the Exchange Act with respect to transactions involving equity securities of the Company.

  

	 	(n)	Subsidiary means a subsidiary as defined in Section 424(f) of the Code, including a corporation which becomes such a subsidiary in the future.

  

	3.	Administration 

  

	 	(a)	The Plan shall be administered by a committee of the Board consisting of two or more directors appointed from time to time by the Board. No person shall be appointed to
or shall serve as a member of such committee unless at the time of such appointment and service he or she shall be a Non-Employee Director, as defined in SEC Rule 16b-3. The Committee may delegate discretionary authority for day-to-day
administration of the Plan to other entities or persons, including the Company and its employees, pursuant to a duly adopted resolution or a memorandum of action signed by all members of the Committee or approved via electronic transmission. All
actions taken by any such delegate shall have the same legal effect and shall be entitled to the same deference as if taken by the Committee itself. 

  

	 	(b)	Subject to the provisions of the Plan, the powers of the Committee shall include having the authority, in its discretion, to: 

 

	 	(i)	define, prescribe, amend and rescind rules, regulations, procedures, terms and conditions relating to the Plan; and 

 

	 	(ii)	make all other determinations necessary or advisable for the administration of the Plan, including but not limited to interpreting the Plan, correcting defects,
reconciling inconsistencies and resolving ambiguities. 

  

	 	(iii)	 approve any transaction involving a grant, award or other transaction from the Company to a Section 16 Person (other than a Discretionary
Transaction, as defined in SEC Rule 16b-3), so as to exempt such transaction under SEC Rule 16b-3; provided, that any transaction under the Plan involving a Section 16 

  
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Person also may be approved by the Board of Directors, or may be approved or ratified by the stockholders of the Company, in the manner that exempts such transaction under SEC Rule 16b-3.

  

	 	(c)	The interpretation by the Committee of the terms and provisions of the Plan, and its administration of the Plan, and all action taken by the Committee, shall be final,
binding and conclusive on the Company, its stockholders, Subsidiaries, all participants and employees, and upon their respective successors and assigns, and upon all other persons claiming under or through any of them. 

 

	 	(d)	Members of the Board and members of the Committee acting under this Plan shall be fully protected in relying in good faith upon the advice of counsel and shall incur no
liability except for gross or willful misconduct in the performance of their duties. 

  

	4.	Stock Subject to the Plan 

  

	 	(a)	Subject to paragraph (c) below, the aggregate number of shares of Common Stock which may be sold under the Plan is 700,000. 

 

	 	(b)	If the number of shares of Common Stock that participating employees become entitled to purchase is greater than the number of shares of Common Stock that are offered
in a particular offering or that remain available under the Plan, the available shares of Common Stock shall be allocated by the Committee among such participating employees in such manner as it deems fair and equitable. 

 

	 	(c)	In the event of any change in the Common Stock, through recapitalization, merger, consolidation, stock dividend or split, combination or exchange of shares, spinoff or
otherwise, the Committee may make such equitable adjustments in the Plan and the then outstanding offerings as it deems necessary and appropriate including, but not limited to, changing the number of shares of Common Stock reserved under the Plan,
and the price of the current offering; provided that any such adjustments shall be consistent with Sections 423 and 424 of the Code. 

  

	 	(d)	Shares of Common Stock which are to be delivered under the Plan may be obtained by the Company from its treasury, by purchases on the open market or from private
sources, or by issuing authorized but unissued shares of its Common Stock. Shares of authorized but unissued Common Stock may not be delivered under the Plan if the purchase price thereof is less than the par value (if any) of the Common Stock at
the time. The Committee may (but need not) provide at any time or from time to time (including without limitation upon or in contemplation of a change in control) for a number of shares of Common Stock equal in number to the number of shares then
subject to options under this Plan, or expected to be subject to options under this Plan in the then pending offering(s), to be issued or transferred to, or acquired by, a trust (including but not limited to a grantor trust) for the purpose of
satisfying the Company’s obligations under such options, and, unless prohibited by applicable law, such shares held in trust shall be considered authorized and issued shares with full dividend and voting rights, notwithstanding that the options
to which such shares relate might not be exercisable at the time. No fractional shares of Common Stock shall be issued or sold under the Plan. 

  
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	5.	Eligibility 

 All
employees of the Company and any Subsidiaries designated by the Committee from time to time will be eligible to participate in the Plan, in accordance with and subject to such rules and regulations as the Committee may prescribe; provided, however,
that (a) such rules shall neither permit nor deny participation in the Plan contrary to the requirements of the Code (including but not limited to Section 423(b)(3), (4) and (8) thereof), (b) no employee shall be eligible to
participate in the Plan if his or her customary employment is 20 hours or less per week or for not more than 5 months in any calendar year, unless the Committee determines otherwise on a uniform and non-discriminatory basis, (c) no employee may
be granted an option under the Plan if such employee, immediately after the option is granted, owns stock possessing 5% or more of the total combined voting power or value of all classes of stock of his or her employer corporation or any parent or
Subsidiary corporation (within the meaning of Section 423(b)(3) of the Code). For purposes of the preceding sentence, the rules of Section 424(d) of the Code shall apply in determining the stock ownership of an employee, and stock which
the employee may purchase under outstanding options (whether or not such options qualify for the special tax treatment afforded by Code Section 421(a)) shall be treated as stock owned by the employee; and (d) all participating employees
shall have the same rights and privileges except as otherwise permitted by Section 423(b)(5) of the Code. 
  

	6.	Offerings; Participation. 

The Company may make offerings of up to 27 months’ duration each, to eligible employees to purchase Common Stock under the Plan,
until all shares authorized to be delivered under the Plan have been exhausted or until the Plan is sooner terminated by the Board. Subject to the preceding sentence, the duration and commencement date of any offerings shall be determined by the
Committee in its sole discretion; provided that, unless the Committee determines otherwise, a new offering shall commence on the first day of the Company’s first payroll period coinciding with or next following each January 1 and
July 1 and shall extend through and include the payroll period immediately preceding the payroll period in which the next offering commences. Notwithstanding the foregoing, the first offering shall commence on the first day of the
Company’s first payroll period coinciding with or next following the Effective Date of the Plan and shall extend through and include the payroll period immediately preceding the payroll period in which the next offering commences. Subject to
such rules, procedures and forms as the Committee may prescribe, an eligible employee may participate in an offering at such time(s) as the Committee may permit by authorizing a payroll deduction for such purpose of at least 1 percent and up to a
maximum of 10 percent of his or her Base Compensation earned during each payroll period or such lesser amount as the Committee may prescribe. An eligible employee’s initial payroll deduction election will remain in effect for successive
offering periods unless modified or terminated in accordance with Article 7 below. The Committee may at any time suspend or accelerate the completion of an offering if required by law or deemed by the Committee to be in the best interests of the
Company, including in the event of a change in ownership or control of the Company or any Subsidiary. The Company’s obligation to sell and deliver Common Stock under this Plan shall be subject to the approval of any governmental authority whose
approval the General Counsel determines is necessary or advisable to obtain in connection with the authorization, issuance or sale of such Common Stock. 

  
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	7.	Payroll Deductions 

  

	 	(a)	The Company will maintain payroll deduction accounts on its books for all participating employees. All employee contributions shall be credited to such accounts.
Employee contributions credited to the payroll deduction accounts of participating employees need not be segregated from other corporate funds and may be used for any corporate purpose. 

 

	 	(b)	At such times as the Committee may permit and subject to such rules, procedures and forms as the Committee may prescribe, an employee may withdraw from participation in
a particular offering period and the balance of his or her payroll deduction account for that offering period shall be refunded to the participant. Any such withdrawal shall be irrevocable. 

 

	 	(c)	No employee shall make any elective contribution or employee contribution to the Plan (within the meaning of Treasury Regulation
Section 1.401(k)-1(d)(2)(iv)(B)(4)) during the balance of the current offering period after the employee’s receipt of a hardship distribution from a plan of the Company or a related party within the provisions of Code Section 414(b),
(c), (m) or (o) containing a cash or deferred arrangement under Section 401(k) of the Code. An employee will not be eligible to participate until the offering period that follows after their six-month hardship withdrawal suspension
period has ended. The foregoing sentence shall not apply if and to the extent the General Counsel determines it is not necessary to qualify any such plan as a cash or deferred arrangement under Section 401(k) of the Code.

  

	 	(d)	Any payroll deductions not applied to the purchase of shares of Common Stock by reason of the limitations in the Plan on the maximum number of shares that may be
purchased shall be promptly refunded. In accordance with rules and procedures as the Committee may prescribe, any balance in any employee’s payroll deduction account at the end of an offering period not applied to the purchase of full shares of
Common Stock will be carried forward into the employee’s payroll deduction account for the following offering period either in the form of partial shares of Common Stock or cash. In no event will the balance carried forward be equal to or
greater than the purchase price of one share of Common Stock as determined under Section 8(c) below. Upon termination of the Plan, all amounts in the accounts of participating employees shall be carried forward into their payroll deduction
accounts under a successor plan, if any, or refunded to them, as the Committee may decide. 

  

	 	(e)	Unless otherwise determined by the Committee, in the event of the termination of a participating employee’s employment for any reason, his or her participation in
any offering under the Plan shall cease, no further amounts shall be deducted pursuant to the Plan and the balance in the employee’s account shall be paid to the employee, or, in the event of the employee’s death, to the employee’s
beneficiary under the Company’s basic group life insurance program. 

  

	 	(f)	No interest shall accrue on an employee’s payroll deductions unless otherwise required by applicable law. In addition, no interest shall be paid on any monies
distributed under this Plan. 

  
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	8.	Purchase; Limitations 

  

	 	(a)	Within the limitations of Section 8(d) below, each employee participating in any offering under the Plan will be granted an option, upon the effective date of such
offering, for as many shares, or if required by the Committee, full shares, of Common Stock as the amount of his or her payroll deduction account (including any contributions made by means other than payroll deductions in a prior offering period
that remain in cash, if any, in the employee’s payroll deduction account pursuant to Section 7(d) above) at the end of the offering can purchase. 

 

	 	(b)	As of the last day of the offering period, the payroll deduction account of each participating employee shall be totaled. Subject to the provisions of Section 7(b)
above and 8(d) below, the employee shall be deemed to have exercised an option to purchase the largest number of shares, or if required by the Committee, full shares of Common Stock at the price determined under Section 8(c) below that his or
her payroll deduction account will permit; such employee’s account will be charged for the amount of the purchase and for all purposes under the Plan the employee will be deemed to have acquired the shares on that date; and either a stock
certificate representing such shares will be issued to him or her, or the Company’s registrar will make an entry on its books and records evidencing that such shares have been duly issued or transferred as of that date, as the Committee may
direct. 

  

	 	(c)	Unless the Committee determines before the effective date of an offering that a higher price that complies with Section 423 of the Code shall apply, the purchase
price of the shares of Common Stock which are to be sold under the offering shall be the lesser of (i) an amount equal to 85 percent of the Fair Market Value of the Common Stock at the time such option is granted, or (ii) an amount equal
to 85 percent of the Fair Market Value of the Common Stock at the time such option is exercised. 

  

	 	(d)	In addition to any other limitations set forth in the Plan, (i) no employee may purchase in any offering period more than the number of shares of Common Stock
determined by dividing the employee’s annual Base Compensation as of the first day of the offering period, or $25,000, whichever is less, by the Fair Market Value of a share of Common Stock at such day, and (ii) no employee may be granted
an option under the Plan which permits his or her rights to purchase stock under the Plan, and any other stock purchase plan of his or her employer corporation and its parent and subsidiary corporations that is qualified under Section 423 of
the Code, to accrue at a rate which exceeds $25,000 of the Fair Market Value of such stock (determined at the time such option is granted) for each calendar year in which the option is outstanding at any time. The Committee may further limit the
amount of Common Stock which may be purchased by any employee during an offering period in accordance with Section 423(b)(5) of the Code. 

  

	9.	No Transfer 

  

	 	(a)	No option, right or benefit under the Plan (including any derivative security within the meaning of paragraph (a)(2) of SEC Rule 16b-3) may be transferred by a
participating employee, whether by will, the laws of descent and distribution, or otherwise, and all options, rights and benefits under the Plan may be exercised during the participating employee’s lifetime only by such employee.

  

	 	(b)	Book entry accounts and certificates for shares of Common Stock purchased under the Plan may be maintained or registered, as the case may be, only in the name of the
participating employee or, if such employee so indicates on his or her payroll deduction authorization form, in his or her name jointly with a member of his or her family, with right of survivorship. An employee who is a resident of a jurisdiction
which does not recognize such a joint tenancy may have book entry accounts maintained and certificates registered in the employee’s name as tenant in common with a member of the employee’s family, without right of survivorship.

  
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	10.	Duration of Plan 

 The
Plan shall remain in effect until all shares authorized to be issued or transferred hereunder have been exhausted or until the Plan is sooner terminated by the Board of Directors, and may continue in effect thereafter with respect to any options
outstanding at the time of such termination if the Board of Directors so provides. 
  

	11.	Amendment and Termination of the Plan 

 The Plan may be amended by the Board of Directors, without shareholder approval, at any time and in any respect, unless shareholder approval of the amendment in question is required under Oklahoma law,
the Code (including without limitation Code Section 423 and Treasury Regulation Section 1.423-2(c)(4) thereunder), any exemption from Section 16 of the Exchange Act (including without limitation SEC Rule 16b-3) for which the Company
intends Section 16 Persons to qualify, any national securities exchange or system on which the Common Stock is then listed or reported, by any regulatory body having jurisdiction with respect to the Plan, or under any other applicable laws,
rules or regulations. The Plan provisions that determine the amount, price and timing of option grants to Section 16 Persons may not be amended more than once every six months, other than to comport with changes in the Code, the Employee
Retirement Income Security Act of 1974, or the rules thereunder, unless the General Counsel determines that such restriction on amendments is not necessary to secure or maintain any exemption from Section 16 of the Exchange Act for which the
Company intends Section 16 Persons to qualify. The Plan may also be terminated at any time by the Board of Directors. 
  

	12.	General Provisions 

  

	 	(a)	Nothing contained in this Plan shall be deemed to confer upon any person any right to continue as an employee of or to be associated in any other way with the Company
for any period of time or at any particular rate of compensation. 

  

	 	(b)	At the time an option is exercised, or at the time some or all of the Common Stock that is issued under the Plan is disposed of, the Company may withhold from any
amount payable to an eligible employee, or require such employee to remit to the Company (or make other arrangements satisfactory to the Company, in its discretion, regarding payment to the Company of), any amount necessary for the Company to
satisfy any federal, state or local taxes required by law to be withheld. Whenever payments are to be made in cash under the Plan, such payments shall be made net of an amount sufficient to satisfy any federal, state, local tax or withholding
obligations with respect to such payments. 

  
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	 	(c)	No person shall have any rights as a stockholder of the Company with respect to any shares optioned under the Plan until such shares are issued or transferred to him or
her. 

  

	 	(d)	All expenses of adopting and administering the Plan shall be borne by the Company, and none of such expenses shall be charged to any participant.

  

	 	(e)	The laws of the State of Oklahoma shall govern all matters relating to the Plan except to the extent such law is superseded by the laws of the United States.

  

	 	(f)	The Plan and each offering under the Plan is intended to qualify as an employee stock purchase plan within the meaning of Section 423 of the Code. Transactions
under the Plan by or with respect to Section 16 Persons are also intended to qualify for exemption under SEC Rule 16b-3, unless the Committee specifically determines otherwise. Every provision of the Plan shall be administered, interpreted and
construed to carry out those intentions, and any provision that cannot be so administered, interpreted and construed shall to that extent be disregarded. 

  
 8EX-10.2

 Exhibit 10.2 

SERVICES CONSULTING AGREEMENT 

This Consulting Agreement (“Agreement”), is made effective as of the day written below (the “Effective Date”), by and between Sycamore
Networks, Inc., having a principal place of business 220 Mill Road, Chelmsford, MA 01824-4111 (“Sycamore”), and Alan R. Cormier (“Consultant”). 

Recitals 
  

	(a)	Consultant is in the business of providing the types of services described in Exhibit A that is attached hereto and incorporated herein. 

 

	(b)	Sycamore may desire, at its option and from time to time, to avail itself of the services and expertise of Consultant, and Consultant may agree to provide its services to Sycamore under the following terms.

 Now therefore, in consideration of their mutual promises and obligations contained in this Agreement, Sycamore and Consultant agree as
follows: 
  

	1.	Term and Termination 

  

	1.1	Term. This Agreement will become effective on the Effective Date and may be terminated by either party at any time as provided in Section 10 below, and any SOW may be extended or terminated as provided in
the SOW or Section 3.3 below. 

  

	2.	Independent Contractors 

  

	2.1	Relationship. At all times Consultant shall be an independent contractor and not an employee, agent, joint venturer, or partner of Sycamore. This Agreement is non-exclusive; during the term hereof, Consultant
retains the right to provide its services to others, and Sycamore retains the right to cause work similar to or different from the Services to be provided under this Agreement to be performed by any other person or entity. Nothing in this Agreement
shall be construed or interpreted as creating or establishing the relationship of employer between Sycamore and Consultant. Consultant acknowledges that Consultant will not be entitled to any employee benefits from Sycamore in respect of the
provision of the Services. 

  
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CONFIDENTIAL AND PROPRIETARY INFORMATION OF 

SYCAMORE NETWORKS, INC. 
 Rev.
04.25.05 

	3.	Services to be Performed 

  

	3.1	Statements of Work. All work to be performed under this Agreement (the “Work” or “Services”) shall be documented in a Statement of Work complying with the requirements of this Section and the
form attached as Exhibit A (a “SOW”). No Services may be provided by Consultant hereunder, and Sycamore shall not be liable to pay for any Services provided by Consultant, unless and until a SOW is signed by authorized representatives
of both parties. Each SOW shall set forth, at a minimum, the following information: 

  

	 	(i)	a description of the Work to be done; 

  

	 	(ii)	the duration of Consultant’s assignment; and 

  

	 	(iv)	the fees for the Work to be performed, whether estimated or fixed, and specifying any applicable limits on total payment. 

  

	3.2	Modification of SOW. Modifications to existing SOWs may only be accomplished by a written amendment to such SOW signed by both parties. 

 

	3.3	Termination of SOW. Sycamore may, at its sole option, terminate any SOW, or any portion thereof, upon written notice, with no liability to Consultant except the obligation to pay Consultant for all Services
performed through the termination date, less any expenses which Consultant may then owe to Sycamore. 

  

	4.	Performance of Services 

  

	4.1	Quality of Work. Consultant shall perform the Services with the care, skill and diligence in accordance with the applicable professional standards then currently recognized by Consultant’s profession.
Consultant shall comply with all applicable federal, state, and local laws, ordinances, codes and regulations in the performance of the Services. 

  

	4.2	Means of Performing Services. When on Sycamore premises, Consultant shall at all times observe Sycamore’s security, safety, sexual harassment, employment discrimination, code of conduct, acceptable use,
insider trading and other policies. Upon request, Consultant shall certify to Sycamore in writing their compliance with those policies in a format provided by or acceptable to Sycamore. When on the premises of a customer of Sycamore’s (a
“Sycamore Customer”), Consultant shall at all times observe the Sycamore Customer’s security and safety policies. 

  

	5.	Compensation 

  

	5.1	Fees. The applicable schedule of fees for Work performed by Consultant shall be set forth as part of each SOW. Sycamore will not withhold taxes on the fees and Consultant shall be solely responsible for all taxes
due in respect of the fees. 

  

	5.3	 Expenses. Except as otherwise agreed in the applicable SOW, Sycamore agrees to reimburse Consultant for reasonable travel and meal expenses
associated with business travel undertaken by Consultant at the request of Sycamore in connection with the 

  
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performance of the Services, which expenses are: (i) in accordance with Sycamore’s standard expense policies; and (ii) which Sycamore has approved in advance. Consultant must
maintain adequate records of those expenses, if any, which Sycamore agrees to reimburse. No expenses will be paid for travel to and from Sycamore’s Chelmsford office to Consultant’s residence. 

 

	6.	Intellectual Property Rights 

  

	6.1	Confidentiality. Consultant shall maintain in strict confidence all information of a confidential or proprietary nature (the “Proprietary Information”) that Consultant receives or acquires in connection
with the Services. Consultant agrees that it shall use such Proprietary Information only for the purposes of performing its obligations under this Agreement, and that it shall disclose such Proprietary Information only to its personnel who have a
need to know such Proprietary Information for the purposes of this Agreement. Proprietary Information shall not include: (i) information generally available to the public; (ii) information released by Sycamore generally without
restriction; (iii) information independently developed or acquired by Consultant without reliance on or reference to, in any way, protected information of Sycamore; or (iv) information which Sycamore previously agreed in writing could be
used and disclosed by the Consultant or its personnel without restriction. 

  

	6.2	Ownership of Work Product. All copyrights, patents, trade secrets, and other intellectual property rights associated with any and all ideas, concepts, discoveries, techniques, designs, inventions, processes,
procedures, formulas, methods, software or other works of authorship developed or created by Consultant during the course of performing Services (collectively, the “Work Product”) shall belong exclusively to Sycamore and shall, to the
extent possible, be considered a work made for hire for Sycamore within the meaning of the US Copyright Act and any other applicable law. Consultant automatically assigns at the time of creation of the Work Product without any requirement of further
consideration, all rights, title, and interest Consultant may have in such Work Product, including any copyrights and other intellectual property rights pertaining to such works. Consultant agrees to execute upon Sycamore’s request a signed
transfer of Inventions or copyrights therein to Sycamore in the form attached to this Agreement as Exhibit C for all Inventions subject to copyright protection that result from Consultant’s work for Sycamore under this Agreement. Upon
Sycamore’s request, Consultant shall take such further actions, and shall cause its personnel (if any) to take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to give full and proper
effect to such assignment. 

  

	6.3	Residual Rights of Personnel. Consultant shall be free to use and employ all general skills, know-how, and expertise, and to use, disclose, and employ any generalized ideas, concepts, know-how, methods,
techniques, or skills gained or learned during the course of any assignment, so long as such information is acquired or applied without disclosure of any of Sycamore’s Proprietary Information, and without any unauthorized use or disclosure of
any Work Product. 

  
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	7.	Warranty 

  

	7.1	Warranty. Consultant warrants that the Services shall be performed in a good and workmanlike manner. 

  

	7.2	No Conflict of Interest. Consultant agrees during the term of this Agreement not to accept work or enter into a contract or accept an obligation that would cause Consultant to not perform Consultant’s
obligations under this Agreement or the scope of services for Sycamore or that would cause a breach of this Agreement. 

Consultant warrants that to the best of his knowledge, there is no other contract or duty on his part now in existence inconsistent with this
Agreement, unless a copy of such contract or a description of such duty is attached to this Agreement as Exhibit B. 
  

	8.	Limitation of Liability 

  

	8.1	Limitation. IN NO EVENT SHALL CONSULTANT OR SYCAMORE BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, OR INDIRECT DAMAGES, REGARDLESS OF WHETHER IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, EXCEPT
FOR ANY BREACH BY CONSULTANT OF ANY OF THE PROVISIONS OF SECTIONS 6.1 AND 6.2 HEREOF, OR FOR ANY CLAIM BY SYCAMORE UNDER SECTION 8.1 HEREOF. 

  

	9.	Termination 

  

	9.1	Termination. Either party shall have the right to terminate this Agreement, with or without cause, upon thirty (30) days written notice to the other. All sums owed by either party to the other shall become
due and payable upon termination, and neither party will be liable to the other or to any other person because of termination of this Agreement. Notwithstanding the foregoing, however, this Agreement shall remain in effect in any event for as long
as Services are due under a SOW executed prior to the termination hereof. 

  

	9.2	Survival. Except for obligations that by their sense and context are intended to survive the performance hereof by either or both parties, including but not limited to Section 6 (“Intellectual Property
Rights”) which shall survive completion, performance, termination or expiration of this Agreement, neither party shall have any further obligation to the other after termination, provided that neither Sycamore nor Consultant shall waive the
right to obtain any amounts due to them for Services rendered prior to termination, or for refund of pre-paid Service charges, as the case may be. 

  
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	9.3	Cooperation. Upon the earlier of an issuance of a notice of termination or the date of termination of this Agreement, the parties shall cooperate with each other in good faith to finalize their business
relationship under this Agreement. 

  

	10.	General Provisions 

  

	10.1	Governing Law. This Agreement will be governed and construed in accordance with the laws of the Commonwealth of Massachusetts (exclusive of its conflict of laws provisions) as applied to transactions taking place
wholly within Massachusetts between Massachusetts residents. 

  

	10.2	Notices. All notices and other communications pertaining to this Agreement shall be in writing, shall be addressed as shown on the first page, and shall be deemed to have been given by a party hereto if:
(i) personally delivered; (ii) sent by certified first class mail, return receipt requested; (iii) sent by facsimile device with confirmation of receipt and with a copy simultaneously sent by certified first class mail, return receipt
requested; or (iv) sent by commercial overnight courier with written verification of receipt. A notice sent by certified mail shall be deemed to be given on the fifth business day after the mailing date; all other notices shall be deemed given
on the date received. Either party may change its address from time to time by giving notice to that effect as provided herein. 

  

	10.3	Assignment. Neither this Agreement nor any of the rights or obligations of Consultant arising under this Agreement may be assigned or transferred without Sycamore’s prior written consent. 

 

	10.4	Execution, Counterparts, Severability and Headings. This Agreement shall not be binding upon Sycamore until it has been executed by a duly authorized headquarters’ representative of Sycamore. This Agreement
may be executed in two or more counterparts, each of which shall be deemed an original and all of which taken together shall constitute one and the same Agreement In the event that any provision contained in this Agreement should be held to be
unenforceable, such unenforceability shall not affect any of the other provisions herein. The section and paragraph headings are contained herein for ease of use, and are not intended to either broaden or limit the scope of the terms hereof.

  

	10.5	Legal Fees. If any proceeding arises between the parties with respect to a dispute to the terms in this Agreement, the prevailing party in such proceeding shall be entitled to receive its reasonable
attorney’ fees, expert witness fees and out-of-pocket costs incurred in connection with such proceeding, in addition to any relief it may be awarded. 

  

	10.6	Entire Agreement. This Agreement with all SOWs is intended to be the sole and complete statement of the obligations of the parties as to the Work to be performed and supersedes all previous understandings,
negotiations and proposals, and may not be altered, amended or modified, except in writing, signed by the duly authorized representatives of the parties. 

  
 5 

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 6 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed in duplicate by their duly authorized
representatives as of the effective date written below. 
  

					
	SYCAMORE NETWORKS, INC.	 		 	CONSULTANT/Alan R. Cormier
			
	 /s/ David Guerrera
	 		 	 /s/ Alan R. Cormier

	Authorized Signature	 		 	Authorized Signature
			
	 David Guerrera
	 		 	 Alan R. Cormier

	Name	 		 	Name
			
	 General Counsel
	 		 	 N/A

	Title	 		 	Title
			
	 December 20, 2013
	 		 	 December 20, 2013

	Effective Date	 		 	Date

  
 7 

 EXHIBIT A 

Form of Statement of Work 

to Sycamore Networks, Inc. Services Consulting Agreement 

This Statement of Work shall be governed by the terms of a Services Consulting Agreement entered into between Sycamore Networks, Inc. and Consultant and
effective as of the Effective Date set forth below. 
  

	1.	Name of Consultant: Alan R. Cormier 

  

	2.	Description of Services to be Performed: To assist in the disposition of certain Sycamore assets and provide certain other services on an as-needed basis, as requested and directed by Sycamore from time to time.

  

	3.	Names of Persons to Perform the Services: Alan R. Cormier 

  

	4.	Location of Performance of Services: Sycamore’s offices located at 220 Mill Road, Chelmsford, MA, Alan R. Cormier’s residence, or as otherwise directed by Sycamore. 

 

	5.	Dates Services to be Performed: At any time after December 20, 2013, subject to Sycamore’s discretion and in accordance with the terms of the Services Consulting Agreement. 

 

	6.	Fees to be Paid for the Services: Sycamore will pay consultant at rate of $115 per hour for services performed. 

  

					
	SYCAMORE NETWORKS, INC.	 		 	CONSULTANT/ Alan R. Cormier
			
	      
	 		 	  

	Authorized Signature	 		 	Authorized Signature
			
	 David Guerrera
	 		 	 Alan R. Cormier

	Name	 		 	Name
			
	 President and General Counsel
	 		 	 N/A

	Title	 		 	Title
			
	 December 20, 2013
	 		 	 December 20, 2013

	Effective Date	 		 	Date

  
 8 

 EXHIBIT B 

CONFLICT OF INTEREST DISCLOSURE 

None. 

  
 9 

 EXHIBIT C 

ASSIGNMENT OF INVENTION AND COPYRIGHT 

None. 

  
 10

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