Document:

EX-10.7

 Exhibit 10.7 
 AMENDED AND RESTATED SECURITY AGREEMENT (FOREIGN) 
 This AMENDED AND
RESTATED SECURITY AGREEMENT (FOREIGN) (this “Agreement”), dated as of November 2, 2012, among the Persons listed on the signature pages hereof as “Grantors” and those additional entities that hereafter
become parties hereto by executing the form of Joinder attached hereto as Annex 1 (each, a “Grantor” and collectively, the “Grantors”), and WELLS FARGO CAPITAL FINANCE, INC., a California corporation
(“WFCF”), in its capacity as agent for the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”). 

W I T N E S S E T H: 
 WHEREAS, Agent and certain lenders party thereto, on the one hand, and Oclaro, Inc., a Delaware corporation, as parent (“Parent”), and Oclaro Technology Limited, a company
incorporated under the laws of England and Wales, as borrower (“Borrower”) together with certain of its subsidiaries, also as borrowers, on the other hand, are parties to that certain (i) Credit Agreement, dated as of
August 2, 2006 (as amended, supplemented, or otherwise modified from time to time, the “Initial Credit Agreement”), and (ii) Amended and Restated Credit Agreement, dated as of July 26, 2011 (as amended, supplemented,
or otherwise modified from time to time prior to the Closing Date, the “Restated Credit Agreement”, and together with the Initial Credit Agreement, the “Original Credit Agreement”); 

WHEREAS, in order to secure the obligations under the Original Credit Agreement, Parent, Borrower and certain of Parent’s
subsidiaries entered into that certain (i) Security Agreement, dated as of August 2, 2006 (as amended, supplemented, or otherwise modified from time to time, the “Initial Security Agreement”), and (ii) Security
Agreement (Foreign), dated as of July 26, 2011 (as amended, supplemented, or otherwise modified from time to time prior to the Closing Date, the “Restated Security Agreement”, and together with the Initial Security Agreement,
the “Original Security Agreement”) 
 WHEREAS, Parent, Borrower, Agent, the lenders party thereto, as
“Lenders” (such Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), have entered into that certain
Second Amended and Restated Credit Agreement of even date herewith (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”), pursuant to which Agent and the Lender Group have agreed to
make certain financial accommodations available to Borrower from time to time pursuant to the terms and conditions thereof; and 

WHEREAS, in order to induce the Lender Group to enter into the Credit Agreement and the other Loan Documents, to induce the Bank
Product Providers to enter into the Bank Product Agreements, and to induce the Lender Group and the Bank Product Providers to make financial accommodations to Borrower as provided for in the Credit Agreement, the other Loan Documents and the Bank
Product Agreements, Grantors have agreed to grant or continue the grant of, as applicable, a security interest in and to the Collateral in order to secure the prompt and complete payment, observance and performance of the Secured Obligations.

 Confidential treatment is being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential
information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 

 NOW, THEREFORE, for and in consideration of the recitals made above and other good
and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Defined Terms. All initially capitalized terms used herein (including in the preamble and recitals hereof) without definition shall have the meanings ascribed thereto in the Credit Agreement
(including Schedule 1.1 thereto). Any terms (whether capitalized or lower case) used in this Agreement that are defined in the Code shall be construed and defined as set forth in the Code unless otherwise defined herein or in the Credit Agreement;
provided, however, that to the extent that the Code is used to define any term used herein and if such term is defined differently in different Articles of the Code, the definition of such term contained in Article 9 of the Code shall
govern. In addition to those terms defined elsewhere in this Agreement, as used in this Agreement, the following terms shall have the following meanings: 
 (a) “Account” means an account (as that term is defined in Article 9 of the Code). 
 (b) “Account Debtor” means an account debtor (as that term is defined in the Code). 
 (c) “Agent” has the meaning specified therefor in the preamble to this Agreement. 
 (d) “Agent’s Lien” has the meaning specified therefor in the Credit Agreement. 
 (e) “Agreement” has the meaning specified therefor in the preamble to this Agreement. 
 (f) “Bank Product Obligations” has the meaning specified therefor in the Credit Agreement. 
 (g) “Bank Product Provider” has the meaning specified therefor in the Credit Agreement. 
 (h) “Books” means books and records (including each Grantor’s Records indicating, summarizing, or evidencing such Grantor’s assets (including the Collateral) or liabilities,
each Grantor’s Records relating to such Grantor’s business operations or financial condition, and each Grantor’s goods or General Intangibles related to such information). 

(i) “Borrower” has the meaning specified therefor in the recitals to this Agreement. 

(j) “Cash Equivalents” has the meaning specified therefor in the Credit Agreement. 

(k) “Chattel Paper” means chattel paper (as that term is defined in the Code), and includes tangible chattel paper and
electronic chattel paper. 
 (l) “Code” means the California Uniform Commercial Code, as in effect from time to
time; provided, however, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, priority, or remedies with respect to Agent’s Lien on any Collateral is governed by the Uniform
Commercial Code as enacted and in effect in a jurisdiction other than the State of California, the term “Code” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the
provisions thereof relating to such attachment, perfection, priority, or remedies. 
 (m) “Collateral” has the
meaning specified therefor in Section 2. 
 (n) “Collections” has the meaning specified therefor in
the Credit Agreement. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
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 (o) “Commercial Tort Claims” means commercial tort claims (as that term is
defined in the Code), and includes those commercial tort claims listed on Schedule 1. 
 (p) “Controlled
Account” has the meaning specified therefor in Section 6(k). 
 (q) “Controlled Account
Agreements” means those certain cash management agreements, in form and substance reasonably satisfactory to Agent, each of which is executed and delivered by a Grantor, Agent, and one of the Controlled Account Banks. 

(r) “Controlled Account Bank” has the meaning specified therefor in Section 6(k). 

(s) “Copyrights” means any and all rights in any works of authorship, including (i) copyrights and moral rights,
(ii) copyright registrations and recordings thereof and all applications in connection therewith including those listed on Schedule 2, (iii) income, license fees, royalties, damages, and payments now and hereafter due or payable
under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future infringements thereof, (iv) the right to sue for past, present, and future
infringements thereof, and (v) all of each Grantor’s rights corresponding thereto throughout the world. 
 (t)
“Copyright Security Agreement” means each Copyright Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit A. 

(u) “Credit Agreement” has the meaning specified therefor in the recitals to this Agreement. 

(v) “Deposit Account” means a deposit account (as that term is defined in the Code). 

(w) “Equipment” means equipment (as that term is defined in the Code). 

(x) “Event of Default” has the meaning specified therefor in the Credit Agreement. 

(y) “Fixtures” means fixtures (as that term is defined in the Code). 

(z) “General Intangibles” means general intangibles (as that term is defined in the Code), and includes payment
intangibles, contract rights, rights to payment, rights under Hedge Agreements (including the right to receive payment on account of the termination (voluntarily or involuntarily) of any such Hedge Agreements), rights arising under common law,
statutes, or regulations, choses or things in action, goodwill, Intellectual Property, Intellectual Property Licenses, purchase orders, customer lists, monies due or recoverable from pension funds, route lists, rights to payment and other rights
under any royalty or licensing agreements, including Intellectual Property Licenses, infringement claims, pension plan refunds, pension plan refund claims, insurance premium rebates, tax refunds, and tax refund claims, interests in a partnership or
limited liability company which do not constitute a security under Article 8 of the Code, and any other personal property other than Commercial Tort Claims, money, Accounts, Chattel Paper, Deposit Accounts, goods, Investment Related Property,
Negotiable Collateral, and oil, gas, or other minerals before extraction. 
 (aa) “Grantor” and
“Grantors” have the respective meanings specified therefor in the preamble to this Agreement. 
 (bb)
“Guaranty” has the meaning specified therefor in the Credit Agreement. 
 (cc) “Insolvency
Proceeding” has the meaning specified therefor in the Credit Agreement. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 3 

 (dd) “Intellectual Property” means any and all Patents, Copyrights,
Trademarks, trade secrets, know-how, inventions (whether or not patentable), algorithms, software programs (including source code and object code), processes, product designs, industrial designs, blueprints, drawings, data, customer lists, URLs and
domain names, specifications, documentations, reports, catalogs, literature, and any other forms of technology or proprietary information of any kind, including all rights therein and all applications for registration or registrations thereof.

 (ee) “Intellectual Property Licenses” means, with respect to any Person (the “Specified
Party”), (i) any licenses or other similar rights provided to the Specified Party in or with respect to Intellectual Property owned or controlled by any other Person, and (ii) any licenses or other similar rights provided to any
other Person in or with respect to Intellectual Property owned or controlled by the Specified Party, in each case, including (A) any software license agreements (other than license agreements for commercially available off-the-shelf software
that is generally available to the public which have been licensed to a Grantor pursuant to end-user licenses), (B) the license agreements listed on Schedule 3, and (C) the right to use any of the licenses or other similar rights
described in this definition in connection with the enforcement of the Lender Group’s rights under the Loan Documents. 

(ff) “Inventory” means inventory (as that term is defined in the Code). 

(gg) “Investment Related Property” means (i) any and all investment property (as that term is defined in the Code),
and (ii) any and all of the following (regardless of whether classified as investment property under the Code): all Pledged Interests, Pledged Operating Agreements, and Pledged Partnership Agreements. 

(hh) “Joinder” means each Joinder to this Agreement executed and delivered by Agent and each of the other parties listed
on the signature pages thereto, in substantially the form of Annex 1. 
 (ii) “Lender Group” has the
meaning specified therefor in the Credit Agreement. 
 (jj) “Lender” and “Lenders” have the
respective meanings specified therefor in the recitals to this Agreement. 
 (kk) “Loan Document” has the
meaning specified therefor in the Credit Agreement. 
 (ll) “Negotiable Collateral” means letters of credit,
letter-of-credit rights, instruments, promissory notes, drafts and documents (as each such term is defined in the Code). 
 (mm)
“Obligations” has the meaning specified therefor in the Credit Agreement. 
 (nn) “Parent” has
the meaning specified therefor in the recitals to this Agreement. 
 (oo) “Patents” means patents and patent
applications, including (i) the patents and patent applications listed on Schedule 4, (ii) all continuations, divisionals, continuations-in-part, re-examinations, reissues, and renewals thereof and improvements thereon,
(iii) all income, royalties, damages and payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future
infringements thereof, (iv) the right to sue for past, present, and future infringements thereof, and (v) all of each Grantor’s rights corresponding thereto throughout the world. 

(pp) “Patent Security Agreement” means each Patent Security Agreement executed and delivered by Grantors, or any of
them, and Agent, in substantially the form of Exhibit B. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 4 

 (qq) “Permitted Liens” has the meaning specified therefor in the Credit
Agreement. 
 (rr) “Person” has the meaning specified therefor in the Credit Agreement. 

(ss) “Pledged Companies” means each Person listed on Schedule 6 as a “Pledged Company”, together with
each other Person, all or a portion of whose Stock is acquired or otherwise owned by a Grantor after the Closing Date. 
 (tt)
“Pledged Interests” means all of each Grantor’s right, title and interest in and to all of the Stock, to the extent such Stock constitutes Collateral, now owned or hereafter acquired by such Grantor, regardless of class or
designation, including in each of the Pledged Companies, and all substitutions therefor and replacements thereof, all proceeds thereof and all rights relating thereto, also including any certificates representing the Stock, the right to receive any
certificates representing any of the Stock, all warrants, options, share appreciation rights and other rights, contractual or otherwise, in respect thereof and the right to receive all dividends, distributions of income, profits, surplus, or other
compensation by way of income or liquidating distributions, in cash or in kind, and all cash, instruments, and other property from time to time received, receivable, or otherwise distributed in respect of or in addition to, in substitution of, on
account of, or in exchange for any or all of the foregoing. 
 (uu) “Pledged Interests Addendum” means a
Pledged Interests Addendum substantially in the form of Exhibit C. 
 (vv) “Pledged Note” has the meaning set
forth in Section 5(i). 
 (ww) “Pledged Operating Agreements” means all of each Grantor’s rights,
powers, and remedies under the limited liability company operating agreements of each of the Pledged Companies that are limited liability companies. 
 (xx) “Pledged Partnership Agreements” means all of each Grantor’s rights, powers, and remedies under the partnership agreements of each of the Pledged Companies that are
partnerships. 
 (yy) “Proceeds” has the meaning specified therefor in Section 2. 

(zz) “PTO” means the United States Patent and Trademark Office. 

(aaa) “Real Property” means any estates or interests in real property now owned or hereafter acquired by any Grantor or
any Subsidiary of any Grantor and the improvements thereto. 
 (bbb) “Records” means information that is
inscribed on a tangible medium or which is stored in an electronic or other medium and is retrievable in perceivable form. 

(ccc) “Rescission” has the meaning specified therefor in Section 6(k). 

(ddd) “Secured Obligations” means each and all of the following: (a) all of the present and future obligations of
each of the Grantors arising from, or owing under or pursuant to, this Agreement, the Credit Agreement, or any of the other Loan Documents (including any Guaranty), (b) all Bank Product Obligations, and (c) all other Obligations of
Borrower (including, in the case of each of clauses (a), (b) and (c), reasonable attorneys fees and expenses and any interest, fees, or expenses that accrue after the filing of an Insolvency Proceeding, regardless of whether allowed or
allowable in whole or in part as a claim in any Insolvency Proceeding). 
 (eee) “Securities Account” means a
securities account (as that term is defined in the Code). 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 5 

 (fff) “Security Interest” has the meaning specified therefor in
Section 2. 
 (ggg) “Stock” has the meaning specified therefor in the Credit Agreement. 

(hhh) “Supporting Obligations” means supporting obligations (as such term is defined in the Code), and includes letters
of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Related Property. 
 (iii) “Trademarks” means any and all trademarks, trade names, registered trademarks, trademark applications, service marks, registered service marks and service mark applications,
including (i) the trade names, registered trademarks, trademark applications, registered service marks and service mark applications listed on Schedule 5, (ii) all renewals thereof, (iii) all income, royalties, damages and
payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past or future infringements or dilutions thereof, (iv) the right
to sue for past, present and future infringements and dilutions thereof, (v) the goodwill of each Grantor’s business symbolized by the foregoing or connected therewith, and (vi) all of each Grantor’s rights corresponding thereto
throughout the world. 
 (jjj) “Trademark Security Agreement” means each Trademark Security Agreement executed
and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit D. 
 (kkk)
“Triggering Event” means, as of any date of determination, that (a) an Event of Default has occurred, (b) Adjusted Excess Availability is less than 25% of the Revolver Commitments, or (c) Qualified Cash is in an
amount less than $15,000,000. 
 (lll) “URL” means “uniform resource locator,” an internet web
address. 
 (mmm) [***]. 
 (nnn) [***] means an irrevocable commercial letter of credit reflecting Borrower as a beneficiary issued at the request of [***] as support for accounts with respect to purchases of product by [***] from
Borrower. 
 2. Grant of Security. Each Grantor hereby unconditionally grants, assigns, and pledges to Agent, for the
benefit of each member of the Lender Group and each of the Bank Product Providers, to secure the Secured Obligations, a continuing security interest (hereinafter referred to as the “Security Interest”) in all of such Grantor’s
right, title, and interest in and to the following, whether now owned or hereafter acquired or arising and wherever located (the “Collateral”): 
 (a) all of such Grantor’s Accounts; 
 (b) all of such Grantor’s Books;

 (c) all of such Grantor’s Chattel Paper; 
 (d) all of such Grantor’s Deposit Accounts; 
 (e) all of such Grantor’s
Equipment and Fixtures; 
 (f) all of such Grantor’s General Intangibles; 

(g) all of such Grantor’s Inventory; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 6 

 (h) all of such Grantor’s Investment Related Property; 

(i) all of such Grantor’s Negotiable Collateral; 
 (j) all of such Grantor’s Supporting Obligations; 
 (k) all of such
Grantor’s Commercial Tort Claims; 
 (l) all of such Grantor’s money, Cash Equivalents, or other assets of such
Grantor that now or hereafter come into the possession, custody, or control of Agent (or its agent or designee) or any other member of the Lender Group; and 
 (m) all of the proceeds (as such term is defined in the Code) and products, whether tangible or intangible, of any of the foregoing, including proceeds of insurance or Commercial Tort Claims covering or
relating to any or all of the foregoing, and any and all Accounts, Books, Chattel Paper, Deposit Accounts, Equipment, Fixtures, General Intangibles, Inventory, Investment Related Property, Negotiable Collateral, Supporting Obligations, money, or
other tangible or intangible property resulting from the sale, lease, license, exchange, collection, or other disposition of any of the foregoing, the proceeds of any award in condemnation with respect to any of the foregoing, any rebates or
refunds, whether for taxes or otherwise, and all proceeds of any such proceeds, or any portion thereof or interest therein, and the proceeds thereof, and all proceeds of any loss of, damage to, or destruction of the above, whether insured or not
insured, and, to the extent not otherwise included, any indemnity, warranty, or guaranty payable by reason of loss or damage to, or otherwise with respect to any of the foregoing (the “Proceeds”). Without limiting the generality of
the foregoing, the term “Proceeds” includes whatever is receivable or received when Investment Related Property or proceeds are sold, exchanged, collected, or otherwise disposed of, whether such disposition is voluntary or involuntary, and
includes proceeds of any indemnity or guaranty payable to any Grantor or Agent from time to time with respect to any of the Investment Related Property. Notwithstanding the foregoing the term Collateral shall not include (i) any rights or
interest in any contract, lease, permit, license, charter or license agreement covering personal property of a Grantor if under the terms of such contract lease, permit, license, charter or license agreement, or applicable law with respect thereto,
the valid grant of a security interest or lien therein to Agent is prohibited as a matter of law or under the terms of such contract (including where the violation of any such prohibition would result in the termination of the applicable contract),
lease, permit, license, charter or license agreement and such prohibition has not been or is not waived or the consent of the other party to such contract, lease, permit license, charter or license agreement has not been or is not otherwise
obtained; provided, that, the foregoing exclusion shall in no way be construed (a) to apply if any described prohibition is unenforceable under Section 9-406, 9-407, or 9-408 of the Code or other applicable law, or (b) so as to limit,
impair or otherwise affect Agent’s continuing security interests in and liens upon any rights or interests of a Grantor in or to monies due or to become due under any described contract, lease permit, license, charter or license agreement
(including any Accounts), or (c) to limit, impair, or otherwise affect Agent’s continuing security interests in and liens upon any rights or interest of a Grantor in and to any proceeds from the sale, license, lease, or other dispositions
of any such contract, lease, permit, license, charter, license agreement, (ii) voting Stock of any CFC, solely to the extent that (x) such Stock represents more than 65% of the outstanding voting Stock of any such CFC that is a first tier
Subsidiary of Parent or other Loan Party or 0% of the outstanding voting Stock of any Subsidiary of such first tier Subsidiary of Parent or other Loan Party, and (y) pledging or hypothecating more than the foregoing amount of the total
outstanding voting Stock of such CFC would result in adverse tax consequences or the costs to the Grantors of providing such pledge or perfecting the security interests created thereby are unreasonably excessive (as determined by Agent in
consultation with Borrower) in relation to the benefits of Agent and the Lenders of the security or guarantee afforded thereby (which pledge, if reasonably requested by Agent, shall be governed by the laws of the jurisdiction of such Subsidiary), or
(iii) any United States intent-to-use trademark applications to the extent that, and solely during the period in which, the grant of a security interest therein would impair the validity or enforceability of such intent-to-use trademark
applications under applicable federal law, provided that upon submission and acceptance by the PTO of an amendment to allege use pursuant to 15 U.S.C. Section 1060(a) (or any successor provision), such intent-to-use trademark application shall
be considered Collateral. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 7 

 3. Security for Secured Obligations. The Security Interest created hereby secures the
payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Agreement secures the payment of all amounts which constitute part of the Secured Obligations and
would be owed by Grantors, or any of them, to Agent, the Lender Group, the Bank Product Providers or any of them, but for the fact that they are unenforceable or not allowable (in whole or in part) as a claim in an Insolvency Proceeding involving
any Grantor due to the existence of such Insolvency Proceeding. 
 4. Grantors Remain Liable. 

(a) Anything herein to the contrary notwithstanding, (a) each of the Grantors shall remain liable under the contracts and agreements
included in the Collateral, including the Pledged Operating Agreements and the Pledged Partnership Agreements, to perform all of the duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the
exercise by Agent or any other member of the Lender Group of any of the rights hereunder shall not release any Grantor from any of its duties or obligations under such contracts and agreements included in the Collateral, and (c) none of the
members of the Lender Group shall have any obligation or liability under such contracts and agreements included in the Collateral by reason of this Agreement, nor shall any of the members of the Lender Group be obligated to perform any of the
obligations or duties of any Grantors thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. Until an Event of Default shall occur and be continuing, except as otherwise provided in this Agreement, the
Credit Agreement, or any other Loan Document, Grantors shall have the right to possession and enjoyment of the Collateral for the purpose of conducting the ordinary course of their respective businesses, subject to and upon the terms hereof and of
the Credit Agreement and the other Loan Documents. Without limiting the generality of the foregoing, it is the intention of the parties hereto that record and beneficial ownership of the Pledged Interests, including all voting, consensual, dividend,
and distribution rights, shall remain in the applicable Grantor until (i) the occurrence and continuance of an Event of Default and (ii) Agent has notified the applicable Grantor of Agent’s election to exercise such rights with
respect to the Pledged Interests pursuant to Section 15. 
 (b) Grantors shall be entitled to receive and retain any
and all dividends and/or distributions paid in respect of the Stock of the Pledged Companies; provided, however, that, except as permitted under the Credit Agreement, any and all: 

(i) dividends and distributions paid or payable other than in cash in respect of, and any and all additional shares or instruments or
other property received, receivable, or otherwise distributed in respect of, or in exchange for the Stock of the Pledged Companies; 
 (ii) dividends and distributions paid or payable in cash in respect of any Stock of the Pledged Companies in connection with a partial or total liquidation or dissolution, merger, consolidation of any
Pledged Company, or any exchange of stock, conveyance of assets, or similar corporate reorganization; 
 (iii) cash paid with
respect to, payable, or otherwise distributed on redemption of, or in exchange for, any Stock of the Pledged Companies, and 

(iv) after the occurrence and during the continuance of an Event of Default and receipt of notice from Agent of the intent to exercise
rights under this clause (iv), all dividends and distributions in respect of any Stock of the Pledged Companies (including cash dividends other than those described in subparagraphs (ii) and (iii) above), shall be forthwith delivered to
Agent to hold as Collateral and shall, if received by Grantors, be received in trust for the benefit of Agent, for the ratable benefit of the Lender Group and the Bank Product Provider, be segregated from the other property or funds of Grantors, and
be forthwith delivered to Agent as Collateral in the same form as so received (with any necessary endorsement), and, if deemed necessary by Agent, Grantors shall take such actions, including the actions described in Section 8, as Agent
may require. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
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 5. Representations and Warranties. Each Grantor hereby represents and warrants to
Agent, for the benefit of the Lender Group and the Bank Product Providers, which representations and warranties shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to any
representations and warranties that already are qualified or modified by materiality in the text thereof), as of the Closing Date, and shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not
be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof), as of the date of the making of each Advance (or other extension of credit) made thereafter, as though made on and as of
the date of such Advance (or other extension of credit) (except to the extent that such representations and warranties relate solely to an earlier date, in which case such representations and warranties shall be true, correct and complete in all
material respects as of such earlier date) and such representations and warranties shall survive the execution and delivery of this Agreement: 
 (a) The exact legal name of each of the Grantors is set forth on the signature pages of this Agreement or a written notice provided to Agent pursuant to Section 6.5 of the Credit Agreement.

 (b) Schedule 7 sets forth all Real Property owned by any of the Grantors as of the Closing Date. 

(c) As of the Closing Date: (i) Schedule 2 provides a complete and correct list of all registered Copyrights owned by any
Grantor, all applications for registration of Copyrights owned by any Grantor, and all other Copyrights owned by any Grantor and material to the conduct of the business of any Grantor; (ii) Schedule 3 provides a complete and correct list
of all Intellectual Property Licenses entered into by any Grantor pursuant to which (A) any Grantor has provided any license or other rights in Intellectual Property owned or controlled by such Grantor to any other Person or (B) any Person
has granted to any Grantor any license or other rights in Intellectual Property owned or controlled by such Person that is material to the business of such Grantor, including any Intellectual Property that is incorporated in any Inventory, software,
or other product marketed, sold, licensed, or distributed by such Grantor; (iii) Schedule 4 provides a complete and correct list of all Patents owned by any Grantor and all applications for Patents owned by any Grantor; and
(iv) Schedule 5 provides a complete and correct list of all registered Trademarks owned by any Grantor, all applications for registration of Trademarks owned by any Grantor, and all other Trademarks owned by any Grantor and material to
the conduct of the business of any Grantor. 
 (d) (i) (A) to each Grantor’s knowledge, such Grantor owns exclusively
or holds licenses in all Intellectual Property that is necessary to the conduct of its business, and (B) all employees and contractors of each Grantor who were involved in the creation or development of any Intellectual Property for such
Grantor that is necessary to the business of such Grantor have signed agreements containing assignment of Intellectual Property rights to such Grantor and obligations of confidentiality; 

(ii) to each Grantor’s knowledge, no Person has infringed or misappropriated or is currently infringing or misappropriating any
Intellectual Property rights owned by such Grantor, in each case, that either individually or in the aggregate could reasonably be expected to result in a Material Adverse Change; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 9 

 (iii) except as set forth on Schedule 9, (A) to each Grantor’s knowledge,
(1) such Grantor has never infringed or misappropriated and is not currently infringing or misappropriating any Intellectual Property rights of any Person, and (2) no product manufactured, used, distributed, licensed, or sold by or service
provided by such Grantor has ever infringed or misappropriated or is currently infringing or misappropriating any Intellectual Property rights of any Person, in each case, except where such infringement either individually or in the aggregate could
not reasonably be expected to result in a Material Adverse Change, and (B) there are no pending, or to any Grantor’s knowledge, threatened infringement or misappropriation claims or proceedings pending against any Grantor, and no Grantor
has received any notice or other communication of any actual or alleged infringement or misappropriation of any Intellectual Property rights of any Person except where such infringement claims, proceedings, or notices either individually or in the
aggregate could not reasonably be expected to result in a Material Adverse Change; 
 (iv) to each Grantor’s knowledge
after reasonable inquiry, all registered Copyrights, registered Trademarks, and issued Patents that are owned by such Grantor and necessary in to the conduct of its business are valid, subsisting and enforceable and in compliance with all legal
requirements, filings, and payments and other actions that are required to maintain such Intellectual Property in full force and effect, and 
 (v) each Grantor has taken reasonable steps to maintain the confidentiality of and otherwise protect and enforce its rights in all trade secrets owned by such Grantor that are necessary in the business of
such Grantor. 
 (e) This Agreement creates a valid security interest in the Collateral of each Grantor, to the extent a
security interest therein can be created under the Code, securing the payment of the Secured Obligations. Except to the extent a security interest in the Collateral cannot be perfected by the filing of a financing statement under the Code, all
filings and other actions necessary or desirable to perfect and protect such security interest have been duly taken or will have been taken upon the filing of financing statements listing each applicable Grantor, as a debtor, and Agent, as secured
party, in the jurisdictions listed next to such Grantor’s name on Schedule 8. Upon the making of such filings, Agent shall have a first priority perfected security interest in the Collateral of each Grantor (subject to Permitted Liens)
to the extent such security interest can be perfected by the filing of a financing statement. Upon filing of the Copyright Security Agreement with the United States Copyright Office, filing of the Patent Security Agreement and the Trademark Security
Agreement with the PTO, and the filing of appropriate financing statements in the jurisdictions listed on Schedule 8, all action necessary or desirable to protect and perfect the Security Interest in and to on each Grantor’s Patents,
Trademarks, or Copyrights has been taken and such perfected Security Interest is enforceable as such as against any and all creditors of and purchasers from any Grantor. All action by any Grantor necessary to protect and perfect such security
interest on each item of Collateral has been duly taken. 
 (f) (i) Except for the Security Interest created hereby, each
Grantor is and will at all times be the sole holder of record and the legal and beneficial owner, free and clear of all Liens other than Permitted Liens, of the Pledged Interests indicated on Schedule 6 as being owned by such Grantor and,
when acquired by such Grantor, any Pledged Interests acquired after the Closing Date; (ii) all of the Pledged Interests are duly authorized, validly issued, fully paid and nonassessable and the Pledged Interests constitute or will constitute
the percentage of the issued and outstanding Stock of the Pledged Companies of such Grantor identified on Schedule 6 as supplemented or modified by any Pledged Interests Addendum or any Joinder to this Agreement; (iii) such Grantor has
the right and requisite authority to pledge, the Investment Related Property, to the extent constituting Collateral, pledged by such Grantor to Agent as provided herein; (iv) all actions necessary or desirable to perfect and establish the first
priority of (subject to Permitted Liens), or otherwise protect, Agent’s Liens in the Investment Related Property, to the extent constituting Collateral, and the proceeds thereof, have been duly taken, upon (A) the execution and delivery of
this Agreement; (B) the taking of possession by Agent (or its agent or designee) of any certificates representing the Pledged Interests, together with undated powers (or other documents of transfer acceptable to Agent) endorsed in blank by the
applicable Grantor; (C) the filing of financing statements in the applicable jurisdiction set forth on Schedule 8 for such Grantor with respect to the Pledged Interests of such Grantor that are not represented by certificates, and
(D) with respect to any Securities Accounts, the delivery of Control Agreements with respect thereto; and (v) each Grantor has delivered to and deposited with Agent all certificates representing the Pledged Interests owned by such Grantor
to the extent such Pledged Interests are represented by certificates, and undated powers (or other documents of transfer acceptable to Agent) endorsed in blank with respect to such certificates. None of the Pledged Interests owned or held by such
Grantor has been issued or transferred in violation of any securities registration, securities disclosure, or similar laws of any jurisdiction to which such issuance or transfer may be subject. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 10 

 (g) No consent, approval, authorization, or other order or other action by, and no notice to
or filing with, any Governmental Authority or any other Person is required (i) for the grant of a Security Interest by such Grantor in and to the Collateral pursuant to this Agreement or for the execution, delivery, or performance of this
Agreement by such Grantor. No consent, approval, authorization, or other order or other action by, and no notice to or filing with, any Governmental Authority is required for the exercise by Agent of the voting or other rights provided for in this
Agreement with respect to the Investment Related Property or the remedies in respect of the Collateral pursuant to this Agreement, except as may be required in connection with such disposition of Investment Related Property by laws affecting the
offering and sale of securities generally. No consent, approval, authorization, or other order or action by, and no notice to, any Person is required for the exercise by Agent of the voting or other rights provided for in this Agreement with respect
to the Investment Related Property or the remedies in respect of the Collateral pursuant to this Agreement. No Intellectual Property License of any Grantor that is necessary to the conduct of such Grantor’s business requires any consent of any
other Person in order for such Grantor to grant the security interest granted hereunder in such Grantor’s right, title or interest in or to such Intellectual Property License. 

(h) As to all limited liability company or partnership interests, issued under any Pledged Operating Agreement or Pledged Partnership
Agreement, each Grantor hereby represents and warrants that the Pledged Interests issued pursuant to such agreement (A) are not dealt in or traded on securities exchanges or in securities markets, (B) do not constitute investment company
securities, and (C) are not held by such Grantor in a securities account. In addition, none of the Pledged Operating Agreements, the Pledged Partnership Agreements, or any other agreements governing any of the Pledged Interests issued under any
Pledged Operating Agreement or Pledged Partnership Agreement, provide that such Pledged Interests are securities governed by Article 8 of the Uniform Commercial Code as in effect in any relevant jurisdiction. 

(i) There is no default, breach, violation or event of acceleration existing under any promissory note (as defined in the Code)
constituting Collateral and pledged hereunder (each a “Pledged Note”) and no event has occurred or circumstance exists which, with the passage of time or the giving of notice, or both, would constitute a default, breach, violation
or event of acceleration under any Pledged Note. No Grantor that is an obligee under a Pledged Note has waived any default, breach, violation or event of acceleration under such Pledged Note. 

(j) Each Grantor shall have made all payments, filings and recordations necessary to protect and maintain its interest in such
Grantor’s Intellectual Property Rights in the United States or any other jurisdiction that are material to the conduct of such Grantor’s business, including (i) making all necessary registration, maintenance, and renewal fee payment
and (ii) filing all necessary documents, including all applications for registration of Copyrights, Patents and Trademarks that are material to the conduct of such Grantor’s business. 

(k) Each Grantor has and enforces a policy requiring all employees, consultants and contractors to execute appropriate assignment
agreements, pursuant to which each such employee, consultant or contractor assigns to such Grantor all of its rights, including all Intellectual Property Rights, in and to all ideas, inventions, processes, works of authorship and other work products
that relate to such Grantor’s business and that were conceived, created, authored or developed during the term of such employee’s, consultant’s or contractor’s employment or engagement by such Grantor. Other than as set forth in
Schedules 2, 3, 4 and 5, no past or present employee or contractor of any Grantor has any ownership interest, license, permission or other right in or to any Intellectual Property Rights that are material to the conduct of any such Grantor’s
business, except that solely to the extent necessary for the conduct of their work for or on behalf of any Grantor, (i) employees of each Grantor may have permission to use Intellectual Property Rights and (ii) contractors may have
permission to use or license rights in the Intellectual Property. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 11 

 (l) (k) No claim has been made and is continuing or threatened that the use by any Grantor
of any Intellectual Property Rights that are material to the conduct of its business is invalid or unenforceable or that the use by such Grantor of any such Intellectual Property Rights does or may violate the rights of any Person. To the best of
each Grantor’s knowledge, there is currently no infringement or unauthorized use of any item of Intellectual Property Rights contained on Schedules 2, 3, 4 or 5. 
 6. Covenants. Each Grantor, jointly and severally, covenants and agrees with Agent that from and after the date of this Agreement and until the date of termination of this Agreement in accordance
with Section 22: 
 (a) Possession of Collateral. In the event that any Collateral, including Proceeds, is
evidenced by or consists of Negotiable Collateral, Investment Related Property, or Chattel Paper, in each case, to the extent constituting Collateral and having an aggregate value or face amount of $250,000 or more for all such Negotiable
Collateral, Investment Related Property, or Chattel Paper, the Grantors shall promptly (and in any event within two (2) Business Days after receipt thereof), notify Agent thereof, and if and to the extent that perfection or priority of
Agent’s Security Interest is dependent on or enhanced by possession, the applicable Grantor, promptly (and in any event within two (2) Business Days) after request by Agent, shall execute such other documents and instruments as shall be
requested by Agent or, if applicable, endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper to Agent, together with such undated powers (or other relevant document of transfer acceptable
to Agent) endorsed in blank as shall be requested by Agent, and shall do such other acts or things deemed necessary or desirable by Agent to protect Agent’s Security Interest therein; 

(b) Chattel Paper. 
 (i) Promptly (and in any event within two (2) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in
accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as
in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000; 
 (ii) If any Grantor retains possession of any Chattel Paper or instruments to the extent constituting Collateral (which retention of possession shall be subject to the extent permitted hereby and by the
Credit Agreement), promptly upon the request of Agent, such Chattel Paper and instruments shall be marked with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the Security Interest of Wells
Fargo Capital Finance, Inc., as Agent for the benefit of the Lender Group and the Bank Product Providers”; 
 (c)
Control Agreements. 
 (i) Except to the extent otherwise excused by the Credit Agreement, each Grantor shall obtain an
authenticated Control Agreement (which may include a Controlled Account Agreement), from each bank maintaining a Deposit Account for such Grantor; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 12 

 (ii) Except to the extent otherwise excused by the Credit Agreement, each Grantor shall
obtain an authenticated Control Agreement, from each issuer of uncertificated securities, securities intermediary, or commodities intermediary issuing or holding any financial assets or commodities to or for any Grantor to the extent included in the
Collateral; 
 (iii) Except to the extent otherwise excused by the Credit Agreement, each Grantor shall obtain an authenticated
Control Agreement with respect to all of such Grantor’s investment property; 
 (d) Letter-of-Credit Rights. If the
Grantors (or any of them) are or become the beneficiary of any one letter of credit, other than a [***] having a face amount or value of $100,000 or more, or one or more letters of credit, other than a [***], having a face amount or value of $200,00
or more in the aggregate, then the applicable Grantor or Grantors shall promptly (and in any event within two (2) Business Days after becoming a beneficiary), notify Agent thereof and, promptly (and in any event within two (2) Business
Days) after request by Agent, enter into a tri-party agreement with Agent and the issuer or confirming bank with respect to letter-of-credit rights assigning such letter-of-credit rights to Agent and directing all payments thereunder to Agent’s
Account, all in form and substance satisfactory to Agent; provided, however, that solely with respect to [***], so long as no Event of Default has occurred and is continuing, Grantors shall not be required to enter into the above referenced
tri-party agreement; 
 (e) Commercial Tort Claims. If the Grantors (or any of them) obtain Commercial Tort Claims having
a value, or involving an asserted claim, in the amount of $250,000 or more in the aggregate for all Commercial Tort Claims, then the applicable Grantor or Grantors shall promptly (and in any event within two (2) Business Days of obtaining such
Commercial Tort Claim), notify Agent upon incurring or otherwise obtaining such Commercial Tort Claims and, promptly (and in any event within two (2) Business Days) after request by Agent, amend Schedule 1 to describe such Commercial
Tort Claims in a manner that reasonably identifies such Commercial Tort Claims and which is otherwise reasonably satisfactory to Agent, and hereby authorizes the filing of additional financing statements or amendments to existing financing
statements describing such Commercial Tort Claims, and agrees to do such other acts or things deemed necessary or desirable by Agent to give Agent a first priority, perfected security interest in any such Commercial Tort Claim; 

(f) Government Contracts. Other than any Account or Chattel Paper the value of which does not at any one time exceed $100,000 or
Accounts and Chattel paper the aggregate value of which does not at any one time exceed $250,000, if any Account or Chattel Paper arises out of a contract or contracts with the United States of America or any department, agency, or instrumentality
thereof, Grantors shall promptly (and in any event within two (2) Business Days of the creation thereof) notify Agent thereof and, promptly (and in any event within two (2) Business Days) after request by Agent, execute any instruments or
take any steps reasonably required by Agent in order that all moneys due or to become due under such contract or contracts shall be assigned to Agent, for the benefit of the Lender Group and the Bank Product Providers, and shall provide written
notice thereof under the Assignment of Claims Act or other applicable law; 
 (g) Intellectual Property. 

(i) Upon the request of Agent, in order to facilitate filings with the United States Patent and Trademark Office or any similar office or
agency in any jurisdiction and the United States Copyright Office or any similar office or agency in any jurisdiction, each Grantor shall execute and deliver to Agent one or more Copyright Security Agreements, Trademark Security Agreements, or
Patent Security Agreements to further evidence Agent’s Lien on such Grantor’s Patents, Trademarks, or Copyrights, and the General Intangibles of such Grantor relating thereto or represented thereby; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 13 

 (ii) Each Grantor shall have the duty, with respect to Intellectual Property that is
necessary in the conduct of such Grantor’s business, to protect and diligently enforce and defend at such Grantor’s expense its Intellectual Property, to the extent commercially reasonable to do so as determined in its reasonable business
judgment, including (A) to diligently enforce and defend, including promptly suing for infringement, misappropriation, or dilution and to recover any and all damages for such infringement, misappropriation, or dilution, and filing for
opposition, interference, and cancellation against conflicting Intellectual Property rights of any Person, (B) to prosecute diligently any trademark application or service mark application that is part of the Trademarks pending as of the date
hereof or hereafter until the termination of this Agreement, (C) to prosecute diligently any patent application that is part of the Patents pending as of the date hereof or hereafter until the termination of this Agreement, (D) to take all
reasonable and necessary action to preserve and maintain all of such Grantor’s Trademarks, Patents, Copyrights, Intellectual Property Licenses, and its rights therein, including paying all maintenance fees and filing of applications for
renewal, affidavits of use, and affidavits of noncontestability, and (E) to require all employees, consultants, and contractors of each Grantor who were involved in the creation or development of such Intellectual Property to sign agreements
containing assignment of Intellectual Property rights and obligations of confidentiality. Each Grantor further agrees not to abandon any Intellectual Property or Intellectual Property License that is necessary in the conduct of such Grantor’s
business. Each Grantor hereby agrees to take the steps described in this Section 6(g)(ii) with respect to all new or acquired Intellectual Property which is included in the Collateral, to the extent commercially reasonable to do so, to
which it or any of its Subsidiaries is now or later becomes entitled that is necessary in the conduct of such Grantor’s business; 
 (iii) Grantors acknowledge and agree that the Lender Group shall have no duties with respect to any Intellectual Property or Intellectual Property Licenses of any Grantor. Without limiting the generality
of this Section 6(g)(iii), Grantors acknowledge and agree that no member of the Lender Group shall be under any obligation to take any steps necessary to preserve rights in the Collateral consisting of Intellectual Property or
Intellectual Property Licenses against any other Person, but any member of the Lender Group may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith
(including reasonable fees and expenses of attorneys and other professionals) in accordance with the Credit Agreement, shall be for the sole account of Borrower and shall be chargeable to the Loan Account; 

(iv) Grantors shall have no duty to register with the U.S. Copyright Office any unregistered copyrights (whether in existence on the
Closing Date or thereafter acquired, arising, or developed) unless (i) Borrower provides Agent with written notice of the applicable Grantor intent to register such copyrights not less than 30 days prior to the date of the proposed
registration, and (ii) prior to such registration, the applicable Grantor execute and deliver to Agent an Copyright Security Agreement, or such other documentation as Agent deems necessary in order to perfect and continue perfected Agent’s
Liens on such copyrights following such registration; 
 (v) On each date on which a Compliance Certificate is delivered by
Borrower pursuant to Section 5.1 of the Credit Agreement, each Grantor shall provide Agent with a written report of all new Patents or Trademarks that are registered or the subject of pending applications for registrations, and of all
Intellectual Property Licenses that are material to the conduct of such Grantor’s business, in each case, which were acquired, registered, or for which applications for registration were filed by any Grantor during the prior period and any
statement of use or amendment to allege use with respect to intent-to-use trademark applications. In the case of such registrations or applications therefor, which were acquired by any Grantor, each such Grantor shall file the necessary documents
with the appropriate Governmental Authority identifying the applicable Grantor as the owner (or as a co-owner thereof, if such is the case) of such Intellectual Property. In each of the foregoing cases, the applicable Grantor shall promptly cause to
be prepared, executed, and delivered to Agent supplemental schedules to the applicable Loan Documents to identify such Patent and Trademark registrations and applications therefor (with the exception of Trademark applications filed on an
intent-to-use basis for which no statement of use or amendment to allege use has been filed) and Intellectual Property Licenses as being subject to the security interests created thereunder; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 14 

 (vi) Anything to the contrary in this Agreement notwithstanding, in no event shall any
Grantor, either itself or through any agent, employee, licensee, or designee, file an application for the registration of any Copyright with the United States Copyright Office or any similar office or agency in another country without giving Agent
written notice thereof at least three (3) Business Days prior to such filing and complying with Section 6(g)(i). Upon receipt from the United States Copyright Office of notice of registration of any Copyright, each Grantor shall
promptly (but in no event later than three (3) Business Days following such receipt) notify (but without duplication of any notice required by Section 6(g)(vii) Agent of such registration by delivering, or causing to be delivered,
to Agent, documentation sufficient for Agent to perfect Agent’s Liens on such Copyright. If any Grantor acquires from any Person any Copyright registered with the United States Copyright Office or an application to register any Copyright with
the United States Copyright Office, such Grantor shall promptly (but in no event later than three (3) Business Days following such acquisition) notify Agent of such acquisition and deliver, or cause to be delivered, to Agent, documentation
sufficient for Agent to perfect Agent’s Liens on such Copyright. In the case of such Copyright registrations or applications therefor which were acquired by any Grantor, each such Grantor shall promptly (but in no event later than three
(3) Business Days following such acquisition) file the necessary documents with the appropriate Governmental Authority identifying the applicable Grantor as the owner (or as a co-owner thereof, if such is the case) of such Copyrights; and

 (vii) Each Grantor shall take, to the extent commercially reasonable, steps to maintain the confidentiality of, and
otherwise protect and enforce its rights in, the Intellectual Property that is necessary in the conduct of such Grantor’s business, including, as applicable (A) protecting the secrecy and confidentiality of its confidential information and
trade secrets by having and enforcing a policy requiring all current employees, consultants, licensees, vendors and contractors with access to such information to execute appropriate confidentiality agreements; (B) taking actions reasonably
necessary to ensure that no trade secret falls into the public domain; and (C) protecting the secrecy and confidentiality of the source code of all software programs and applications of which it is the owner or licensee by having and enforcing
a policy requiring any licensees (or sublicensees) of such source code to enter into license agreements with commercially reasonable use and non-disclosure restrictions. 
 (viii) Each Grantor agrees to take all necessary steps, including making all necessary payments and filings in connection with registration, maintenance, and renewal of each Grantor’s Patents and
Trademarks that are material to the conduct of each Grantor’s business. 
 (h) Investment Related Property.

 (i) If any Grantor shall acquire, obtain, receive or become entitled to receive any Pledged Interests after the Closing Date,
it shall promptly (and in any event within two (2) Business Days of acquiring or obtaining such Collateral) deliver to Agent a duly executed Pledged Interests Addendum identifying such Pledged Interests; 

(ii) Upon the occurrence and during the continuance of an Event of Default, following the request of Agent, all sums of money and
property paid or distributed in respect of the Investment Related Property constituting Collateral that are received by any Grantor shall be held by the Grantors in trust for the benefit of Agent segregated from such Grantor’s other property,
and such Grantor shall deliver it forthwith to Agent in the exact form received; 
 (iii) Each Grantor shall promptly deliver
to Agent a copy of each material notice or other material communication received by it in respect of any Pledged Interests; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 15 

 (iv) No Grantor shall make or consent to any amendment or other modification or waiver with
respect to any Pledged Interests, Pledged Operating Agreement, or Pledged Partnership Agreement, or enter into any agreement or permit to exist any restriction with respect to any Pledged Interests if the same is prohibited pursuant to the Loan
Documents; 
 (v) Each Grantor agrees that it will cooperate with Agent in obtaining all necessary approvals and making all
necessary filings under federal, state, local, or foreign law to effect the perfection of the Security Interest on the Investment Related Property which is Collateral or to effect any sale or transfer thereof; 

(vi) As to all limited liability company or partnership interests, issued under any Pledged Operating Agreement or Pledged Partnership
Agreement, each Grantor hereby covenants that the Pledged Interests issued pursuant to such agreement (A) are not and shall not be dealt in or traded on securities exchanges or in securities markets, (B) do not and will not constitute
investment company securities, and (C) are not and will not be held by such Grantor in a securities account. In addition, none of the Pledged Operating Agreements, the Pledged Partnership Agreements, or any other agreements governing any of the
Pledged Interests issued under any Pledged Operating Agreement or Pledged Partnership Agreement, provide or shall provide that such Pledged Interests are securities governed by Article 8 of the Uniform Commercial Code as in effect in any relevant
jurisdiction. 
 (i) Real Property; Fixtures. Each Grantor covenants and agrees that upon the acquisition of any fee
interest in Real Property having a value in excess of $500,000, it will, subject to Section 5.11 and Section 5.12 of the Credit Agreement, promptly (and in any event within two (2) Business Days of acquisition) notify
Agent of the acquisition of such Real Property and will grant to Agent, for the benefit of the Lender Group and the Bank Product Providers, a first priority Mortgage on each fee interest in Real Property now or hereafter owned by such Grantor and
shall deliver such other documentation and opinions, in form and substance satisfactory to Agent, in connection with the grant of such Mortgage as Agent shall request in its Permitted Discretion, including title insurance policies, financing
statements, fixture filings and environmental audits and such Grantor shall pay all recording costs, intangible taxes and other fees and costs (including reasonable attorneys fees and expenses) incurred in connection therewith. Each Grantor
acknowledges and agrees that, to the extent permitted by applicable law, all of the Collateral shall remain personal property regardless of the manner of its attachment or affixation to real property; 

(j) Transfers and Other Liens. Grantors shall not (i) sell, assign (by operation of law or otherwise) or otherwise dispose
of, or grant any option with respect to, any of the Collateral, except as expressly permitted by the Credit Agreement, or (ii) create or permit to exist any Lien upon or with respect to any of the Collateral of any Grantor, except for Permitted
Liens. The inclusion of Proceeds in the Collateral shall not be deemed to constitute Agent’s consent to any sale or other disposition of any of the Collateral except as expressly permitted in this Agreement or the other Loan Documents;

 (k) Controlled Accounts. 
 (i) Each Grantor who maintains any cash balances shall (A) establish and maintain cash management services of a type and on terms reasonably satisfactory to Agent at one or more of the banks set
forth on Schedule 6(k) (each a “Controlled Account Bank”), and shall take reasonable steps to ensure that all of its and its Subsidiaries’ Account Debtors forward payment of the amounts owed by them directly to such
Controlled Account Bank, and (B) deposit or cause to be deposited promptly, and in any event no later than the first Business Day after the date of receipt thereof, all of their Collections (including those sent directly by their Account
Debtors to a Grantor) into a bank account of such Grantor (each, a “Controlled Account”) at one of the Controlled Account Banks. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 16 

 (ii) Each Grantor who maintains any cash balances shall establish and maintain Controlled
Account Agreements with Agent and the applicable Controlled Account Bank, in form and substance reasonably acceptable to Agent. Each such Controlled Account Agreement shall provide, among other things, that (A) the Controlled Account Bank will
comply with any instructions originated by Agent directing the disposition of the funds in such Controlled Account without further consent by the applicable Grantor, (B) the Controlled Account Bank waives, subordinates, or agrees not to
exercise any rights of setoff or recoupment or any other claim against the applicable Controlled Account other than for payment of its service fees and other charges directly related to the administration of such Controlled Account and for returned
checks or other items of payment, and (C) (1) with respect to Controlled Accounts of Borrower, commencing on the date 14 days after the Closing Date, the Controlled Account Bank will forward by daily sweep all amounts in the applicable
Controlled Account to the Agent’s Account and (2) with respect to Controlled Accounts of any non-Borrower Grantor, upon the instruction of Agent (an “Activation Instruction”), the Controlled Account Bank will forward by
daily sweep all amounts in the applicable Controlled Account to the agent’s Account. Agent agrees not to issue an Activation Instruction with respect to such Controlled Accounts unless a Triggering Event has occurred at the time such Activation
Instruction is issued. Agent agrees to use commercially reasonable efforts to rescind an Activation Instruction (the “Rescission”) if: (x) the Triggering Event upon which such Activation Instruction was issued has been waived
in writing in accordance with the terms of the Credit Agreement, and (y) no additional Triggering Event has occurred and is continuing prior to the date of the Rescission or is reasonably expected to occur on or immediately after the date of
the Rescission. 
 (iii) So long as no Default or Event of Default has occurred and is continuing, Borrower may amend
Schedule 6(k) to add or replace a Controlled Account Bank or Controlled Account; provided, however, that (A) such prospective Controlled Account Bank shall be reasonably satisfactory to Agent, and (B) prior to the time
of the opening of such Controlled Account, the applicable Grantor and such prospective Controlled Account Bank shall have executed and delivered to Agent a Controlled Account Agreement. Each Grantor shall close any of its Controlled Accounts (and
establish replacement Controlled Account accounts in accordance with the foregoing sentence) as promptly as practicable and in any event within forty-five (45) days of notice from Agent that the operating performance, funds transfer, or
availability procedures or performance of the Controlled Account Bank with respect to Controlled Account Accounts or Agent’s liability under any Controlled Account Agreement with such Controlled Account Bank is no longer acceptable in
Agent’s reasonable judgment. 
 7. Relation to Other Security Documents. The provisions of this Agreement shall be
read and construed with the other Loan Documents referred to below in the manner so indicated. 
 (a) Credit Agreement. In
the event of any conflict between any provision in this Agreement and a provision in the Credit Agreement, such provision of the Credit Agreement shall control. 
 (b) Patent, Trademark, Copyright Security Agreements. The provisions of the Copyright Security Agreements, Trademark Security Agreements, and Patent Security Agreements are supplemental to the
provisions of this Agreement, and nothing contained in the Copyright Security Agreements, Trademark Security Agreements, or the Patent Security Agreements shall limit any of the rights or remedies of Agent hereunder. In the event of any conflict
between any provision in this Agreement and a provision in a Copyright Security Agreement, Trademark Security Agreement or Patent Security Agreement, such provision of this Agreement shall control. 

8. Further Assurances. 
 (a) Each Grantor agrees that from time to time, at its own expense, such Grantor will promptly execute and deliver all further instruments and documents, and take all further action, that Agent may
reasonably request, in order to perfect and protect the Security Interest granted hereby, to create, perfect or protect the Security Interest purported to be granted hereby or to enable Agent to exercise and enforce its rights and remedies hereunder
with respect to any of the Collateral. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 17 

 (b) Each Grantor authorizes the filing by Agent of financing or continuation statements, or
amendments thereto, and such Grantor will execute and deliver to Agent such other instruments or notices, as Agent may reasonably request, in order to perfect and preserve the Security Interest granted or purported to be granted hereby. 

(c) Each Grantor authorizes Agent at any time and from time to time to file, transmit, or communicate, as applicable, financing
statements and amendments (i) describing the Collateral as “all personal property of debtor” or “all assets of debtor” or words of similar effect, (ii) describing the Collateral as being of equal or lesser scope or with
greater detail, or (iii) that contain any information required by part 5 of Article 9 of the Code for the sufficiency or filing office acceptance. Each Grantor also hereby ratifies any and all financing statements or amendments previously filed
by Agent in any jurisdiction. 
 (d) Each Grantor acknowledges that it is not authorized to file any financing statement or
amendment or termination statement with respect to any financing statement filed in connection with this Agreement without the prior written consent of Agent, subject to such Grantor’s rights under Section 9-509(d)(2) of the Code.

 9. Agent’s Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an
Event of Default, Agent (or its designee) (a) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement constituting Collateral and exercise any and all rights of any Grantor
therein contained as fully as such Grantor itself could, (b) shall have the right to use any Grantor’s rights under Intellectual Property Licenses constituting Collateral in connection with the enforcement of Agent’s rights hereunder,
including the right to prepare for sale and sell any and all Inventory and Equipment now or hereafter owned by any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Stock that is pledged
hereunder be registered in the name of Agent or any of its nominees. 
 10. Agent Appointed Attorney-in-Fact. Each
Grantor hereby irrevocably appoints Agent its attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, at such time as an Event of Default has occurred and is continuing under the
Credit Agreement, to take any action and to execute any instrument which Agent may reasonably deem necessary or advisable to accomplish the purposes of this Agreement, including: 

(a) to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due
under or in connection with the Accounts or any other Collateral of such Grantor; 
 (b) to receive and open all mail addressed
to such Grantor and to notify postal authorities to change the address for the delivery of mail to such Grantor to that of Agent; 
 (c) to receive, indorse, and collect any drafts or other instruments, documents, Negotiable Collateral or Chattel Paper; 
 (d) to file any claims or take any action or institute any proceedings which Agent may deem necessary or desirable for the collection of any of the Collateral of such Grantor or otherwise to enforce the
rights of Agent with respect to any of the Collateral; 
 (e) to repair, alter, or supply goods, if any, necessary to fulfill in
whole or in part the purchase order of any Person obligated to such Grantor in respect of any Account of such Grantor; 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 18 

 (f) to use any Intellectual Property or Intellectual Property Licenses of such Grantor, in
each case constituting Collateral, including but not limited to any labels, Patents, Trademarks, trade names, URLs, domain names, industrial designs, Copyrights, or advertising matter, in preparing for sale, advertising for sale, or selling
Inventory or other Collateral and to collect any amounts due under Accounts, contracts or Negotiable Collateral of such Grantor; and 
 (g) Agent, on behalf of the Lender Group or the Bank Product Providers, shall have the right, but shall not be obligated, to bring suit in its own name to enforce the Intellectual Property and
Intellectual Property Licenses and, if Agent shall commence any such suit, the appropriate Grantor shall, at the request of Agent, do any and all lawful acts and execute any and all proper documents reasonably required by Agent in aid of such
enforcement. 
 To the extent permitted by law, each Grantor hereby ratifies all that such attorney-in-fact shall lawfully do or
cause to be done by virtue hereof. This power of attorney is coupled with an interest and shall be irrevocable until this Agreement is terminated. 
 11. Agent May Perform. If any Grantor fails to perform any agreement contained herein, Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of Agent
incurred in connection therewith shall be payable, jointly and severally, by Grantors. 
 12. Agent’s Duties. The
powers conferred on Agent hereunder are solely to protect Agent’s interest in the Collateral, for the benefit of the Lender Group and the Bank Product Providers, and shall not impose any duty upon Agent to exercise any such powers. Except for
the safe custody of any Collateral in its actual possession and the accounting for moneys actually received by it hereunder, Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior
parties or any other rights pertaining to any Collateral. Agent shall be deemed to have exercised reasonable care in the custody and preservation of any Collateral in its actual possession if such Collateral is accorded treatment substantially equal
to that which Agent accords its own property. 
 13. Collection of Accounts, General Intangibles and Negotiable
Collateral. At any time upon the occurrence and during the continuance of an Event of Default, Agent or Agent’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable
Collateral of such Grantor have been assigned to Agent, for the benefit of the Lender Group and the Bank Product Providers, or that Agent has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable
Collateral of any Grantor directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Loan Documents. 
 14. Disposition of Pledged Interests by Agent. None of the Pledged Interests existing as of the date of this Agreement are, and none of the Pledged Interests hereafter acquired on the date of
acquisition thereof will be, registered or qualified under the various federal or state securities laws of the United States and disposition thereof after an Event of Default may be restricted to one or more private (instead of public) sales in view
of the lack of such registration. Each Grantor understands that in connection with such disposition, Agent may approach only a restricted number of potential purchasers and further understands that a sale under such circumstances may yield a lower
price for the Pledged Interests than if the Pledged Interests were registered and qualified pursuant to federal and state securities laws and sold on the open market. Each Grantor, therefore, agrees that: (a) if Agent shall, pursuant to the
terms of this Agreement, sell or cause the Pledged Interests or any portion thereof to be sold at a private sale, Agent shall have the right to rely upon the advice and opinion of any nationally recognized brokerage or investment firm (but shall not
be obligated to seek such advice and the failure to do so shall not be considered in determining the commercial reasonableness of such action) as to the best manner in which to offer the Pledged Interest or any portion thereof for sale and as to the
best price reasonably obtainable at the private sale thereof; and (b) such reliance shall be conclusive evidence that Agent has handled the disposition in a commercially reasonable manner. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 19 

 15. Voting and Other Rights in Respect of Pledged Interests. 

(a) Upon the occurrence and during the continuation of an Event of Default, (i) Agent may, at its option, and with two
(2) Business Days prior written notice to any Grantor, and in addition to all rights and remedies available to Agent under any other agreement, at law, in equity, or otherwise, exercise all voting rights, or any other ownership or consensual
rights (including any dividend or distribution rights) in respect of the Pledged Interests owned by such Grantor, but under no circumstances is Agent obligated by the terms of this Agreement to exercise such rights, and (ii) if Agent duly
exercises its right to vote any of such Pledged Interests, each Grantor hereby appoints Agent, such Grantor’s true and lawful attorney-in-fact and IRREVOCABLE PROXY to vote such Pledged Interests in any manner Agent deems advisable for or
against all matters submitted or which may be submitted to a vote of shareholders, partners or members, as the case may be. The power-of-attorney and proxy granted hereby is coupled with an interest and shall be irrevocable. 

(b) For so long as any Grantor shall have the right to vote the Pledged Interests owned by it, such Grantor covenants and agrees that it
will not, without the prior written consent of Agent, vote or take any consensual action with respect to such Pledged Interests which would materially adversely affect the rights of Agent, the other members of the Lender Group, or the Bank Product
Providers, or the value of the Pledged Interests. 
 16. Remedies. Upon the occurrence and during the continuance of an
Event of Default: 
 (a) Agent may, and, at the instruction of the Required Lenders, shall exercise in respect of the Collateral,
in addition to other rights and remedies provided for herein, in the other Loan Documents, or otherwise available to it, all the rights and remedies of a secured party on default under the Code or any other applicable law. Without limiting the
generality of the foregoing, each Grantor expressly agrees that, in any such event, Agent without demand of performance or other demand, advertisement or notice of any kind (except a notice specified below of time and place of public or private
sale) to or upon any Grantor or any other Person (all and each of which demands, advertisements and notices are hereby expressly waived to the maximum extent permitted by the Code or any other applicable law), may take immediate possession of all or
any portion of the Collateral and (i) require Grantors to, and each Grantor hereby agrees that it will at its own expense and upon request of Agent forthwith, assemble all or part of the Collateral as directed by Agent and make it available to
Agent at one or more locations where such Grantor regularly maintains Inventory, and (ii) without notice except as specified below, sell the Collateral or any part thereof in one or more parcels at public or private sale, at any of Agent’s
offices or elsewhere, for cash, on credit, and upon such other terms as Agent may deem commercially reasonable. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten (10) days notice to the applicable
Grantor of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification and specifically such notice shall constitute a reasonable “authenticated notification of
disposition” within the meaning of Section 9-611 of the Code. Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Agent may adjourn any public or private sale from time to time by
announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Each Grantor agrees that the internet shall constitute a “place” for purposes of
Section 9-610(b) of the Code. Each Grantor agrees that any sale of Collateral to a licensor pursuant to the terms of a license agreement between such licensor and a Grantor is sufficient to constitute a commercially reasonable sale (including
as to method, terms, manner, and time) within the meaning of Section 9-610 of the Code. 
 (b) Agent is hereby granted a
non-exclusive license or other right to use, without liability for royalties or any other charge, each Grantor’s Intellectual Property to the extent constituting Collateral, including but not limited to, any labels, Patents, Trademarks, trade
names, URLs, domain names, industrial designs, Copyrights, and advertising matter, whether owned by any Grantor or with respect to which any Grantor has rights under license, sublicense, or other agreements (including any Intellectual Property
License), as it pertains to the Collateral, in preparing for sale, advertising for sale and selling any Collateral, and each Grantor’s rights under all licenses and all franchise agreements shall inure to the benefit of Agent. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 20 

 (c) Agent may, in addition to other rights and remedies provided for herein, in the other
Loan Documents, or otherwise available to it under applicable law and without the requirement of notice to or upon any Grantor or any other Person (which notice is hereby expressly waived to the maximum extent permitted by the Code or any other
applicable law), (i) with respect to any Grantor’s Deposit Accounts in which Agent’s Liens are perfected by control under Section 9-104 of the Code, instruct the bank maintaining such Deposit Account for the applicable Grantor to
pay the balance of such Deposit Account to or for the benefit of Agent, and (ii) with respect to any Grantor’s Securities Accounts in which Agent’s Liens are perfected by control under Section 9-106 of the Code, instruct the
securities intermediary maintaining such Securities Account for the applicable Grantor to (A) transfer any cash in such Securities Account to or for the benefit of Agent, or (B) liquidate any financial assets in such Securities Account
that are customarily sold on a recognized market and transfer the cash proceeds thereof to or for the benefit of Agent. 
 (d)
Any cash held by Agent as Collateral and all cash proceeds received by Agent in respect of any sale of, collection from, or other realization upon all or any part of the Collateral shall be applied against the Secured Obligations in the order set
forth in the Credit Agreement. In the event the proceeds of Collateral are insufficient to satisfy all of the Secured Obligations in full, each Grantor shall remain jointly and severally liable for any such deficiency. 

(e) Each Grantor hereby acknowledges that the Secured Obligations arise out of a commercial transaction, and agrees that if an Event of
Default shall occur and be continuing Agent shall have the right to an immediate writ of possession without notice of a hearing. Agent shall have the right to the appointment of a receiver for the properties and assets of each Grantor, and each
Grantor hereby consents to such rights and such appointment and hereby waives any objection such Grantor may have thereto or the right to have a bond or other security posted by Agent. 

17. Remedies Cumulative. Each right, power, and remedy of Agent, any other member of the Lender Group, or any Bank Product
Provider as provided for in this Agreement, the other Loan Documents or any Bank Product Agreement now or hereafter existing at law or in equity or by statute or otherwise shall be cumulative and concurrent and shall be in addition to every other
right, power, or remedy provided for in this Agreement, the other Loan Documents and the Bank Product Agreements or now or hereafter existing at law or in equity or by statute or otherwise, and the exercise or beginning of the exercise by Agent, any
other member of the Lender Group, or any Bank Product Provider, of any one or more of such rights, powers, or remedies shall not preclude the simultaneous or later exercise by Agent, such other member of the Lender Group or such Bank Product
Provider of any or all such other rights, powers, or remedies. 
 18. Marshaling. Agent shall not be required to marshal
any present or future collateral security (including but not limited to the Collateral) for, or other assurances of payment of, the Secured Obligations or any of them or to resort to such collateral security or other assurances of payment in any
particular order, and all of its rights and remedies hereunder and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights and remedies, however existing or arising. To the
extent that it lawfully may, each Grantor hereby agrees that it will not invoke any law relating to the marshaling of collateral which might cause delay in or impede the enforcement of Agent’s rights and remedies under this Agreement or under
any other instrument creating or evidencing any of the Secured Obligations or under which any of the Secured Obligations is outstanding or by which any of the Secured Obligations is secured or payment thereof is otherwise assured, and, to the extent
that it lawfully may, each Grantor hereby irrevocably waives the benefits of all such laws. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 21 

 19. Indemnity and Expenses. 

(a) Each Grantor agrees to indemnify Agent and the other members of the Lender Group from and against all claims, lawsuits and liabilities
(including reasonable attorneys fees) growing out of or resulting from this Agreement (including enforcement of this Agreement) or any other Loan Document to which such Grantor is a party, except claims, losses or liabilities resulting from the
gross negligence or willful misconduct of the party seeking indemnification as determined by a final non-appealable order of a court of competent jurisdiction. This provision shall survive the termination of this Agreement and the Credit Agreement
and the repayment of the Secured Obligations. 
 (b) Grantors, jointly and severally, shall, upon demand, pay to Agent (or
Agent, may charge to the Loan Account) all the Lender Group Expenses which Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody, preservation, use or operation of, or, upon an Event of Default, the
sale of, collection from, or other realization upon, any of the Collateral in accordance with this Agreement and the other Loan Documents, (iii) the exercise or enforcement of any of the rights of Agent hereunder or (iv) the failure by any
Grantor to perform or observe any of the provisions hereof. 
 20. Merger, Amendments; Etc. THIS AGREEMENT, TOGETHER WITH
THE OTHER LOAN DOCUMENTS, REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN AGREEMENTS BETWEEN THE PARTIES. No
waiver of any provision of this Agreement, and no consent to any departure by any Grantor herefrom, shall in any event be effective unless the same shall be in writing and signed by Agent, and then such waiver or consent shall be effective only in
the specific instance and for the specific purpose for which given. No amendment of any provision of this Agreement shall be effective unless the same shall be in writing and signed by Agent and each Grantor to which such amendment applies.

 21. Addresses for Notices. All notices and other communications provided for hereunder shall be given in the form and
manner and delivered to Agent at its address specified in the Credit Agreement, and to any of the Grantors at their respective addresses specified in the Credit Agreement or Guaranty, as applicable, or, as to any party, at such other address as
shall be designated by such party in a written notice to the other party. 
 22. Continuing Security Interest: Assignments
under Credit Agreement. This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the Obligations have been paid in full in accordance with the provisions of the Credit
Agreement and the Commitments have expired or have been terminated, (b) be binding upon each Grantor, and their respective successors and assigns, and (c) inure to the benefit of, and be enforceable by, Agent, and its successors,
transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender may, in accordance with the provisions of the Credit Agreement, assign or otherwise transfer all or any portion of its rights and obligations under the
Credit Agreement to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon payment in full of the Secured Obligations in accordance with the
provisions of the Credit Agreement and the expiration or termination of the Commitments, the Security Interest granted hereby shall terminate and all rights to the Collateral shall revert to Grantors or any other Person entitled thereto. At such
time, Agent will authorize the filing of appropriate termination statements to terminate such Security Interests. No transfer or renewal, extension, assignment, or termination of this Agreement or of the Credit Agreement, any other Loan Document, or
any other instrument or document executed and delivered by any Grantor to Agent nor any additional Advances or other loans made by any Lender to Borrower, nor the taking of further security, nor the retaking or re-delivery of the Collateral to
Grantors, or any of them, by Agent, nor any other act of the Lender Group or the Bank Product Providers, or any of them, shall release any Grantor from any obligation, except a release or discharge executed in writing by Agent in accordance with the
provisions of the Credit Agreement. Agent shall not by any act, delay, omission or otherwise, be deemed to have waived any of its rights or remedies hereunder, unless such waiver is in writing and signed by Agent and then only to the extent therein
set forth. A waiver by Agent of any right or remedy on any occasion shall not be construed as a bar to the exercise of any such right or remedy which Agent would otherwise have had on any other occasion. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 22 

 23. Governing Law. 

(a) THE VALIDITY OF THIS AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES HERETO WITH
RESPECT TO ALL MATTERS ARISING HEREUNDER OR RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. 
 (b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL
COURTS, LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION
WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON
CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 23(b). 

(c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH GRANTOR HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY
CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. AGENT AND EACH GRANTOR
REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL
BY THE COURT. 
 24. New Subsidiaries. Pursuant to Section 5.11 of the Credit Agreement, certain Subsidiaries
(whether by acquisition or creation) of any Grantor are required to enter into this Agreement by executing and delivering in favor of Agent a Joinder to this Agreement in substantially the form of Annex 1. Upon the execution and delivery of
Annex 1 by any such new Subsidiary, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any instrument adding an additional Grantor as a
party to this Agreement shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor hereunder. 

25. Agent. Each reference herein to any right granted to, benefit conferred upon or power exercisable by the “Agent”
shall be a reference to Agent, for the benefit of each member of the Lender Group and each of the Bank Product Providers. 
 26.
Miscellaneous. 
 (a) This Agreement is a Loan Document. This Agreement may be executed in any number of counterparts and
by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an executed counterpart
of this Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by
telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding
effect of this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 23 

 (b) Any provision of this Agreement which is prohibited or unenforceable shall be
ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof in that jurisdiction or affecting the validity or enforceability of such provision in any other jurisdiction. Each provision of
this Agreement shall be severable from every other provision of this Agreement for the purpose of determining the legal enforceability of any specific provision. 
 (c) Headings and numbers have been set forth herein for convenience only. Unless the contrary is compelled by the context, everything contained in each Section applies equally to this entire Agreement.

 (d) Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against any member of the Lender Group
or any Grantor, whether under any rule of construction or otherwise. This Agreement has been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the purposes
and intentions of all parties hereto. 
 (e) The pronouns used herein shall include, when appropriate, either gender and both
singular and plural, and the grammatical construction of sentences shall conform thereto. 
 (f) Unless the context of this
Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except
where otherwise indicated, the inclusive meaning represented by the phrase “and/or”. The words “hereof”, “herein”, “hereby”, “hereunder”, and similar terms in this Agreement refer to this Agreement
as a whole and not to any particular provision of this Agreement. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Agreement to any agreement, instrument, or
document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations,
amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The words “asset” and “property” shall be construed to have the same meaning and effect and to
refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract rights. Any reference herein to the satisfaction, repayment, or payment in full of the Secured Obligations shall mean the
repayment in full in cash or immediately available funds (or, (a) in the case of contingent reimbursement obligations with respect to Letters of Credit, providing Letter of Credit Collateralization, and (b) in the case of obligations with
respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization) of all of the Secured Obligations (including the payment of any termination amount then applicable (or which would or could become applicable as a
result of the repayment of the other Secured Obligations) under Hedge Agreements provided by Hedge Providers) other than (i) unasserted contingent indemnification Secured Obligations, (ii) any Bank Product Obligations (other than Hedge
Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being required to be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the
applicable Hedge Provider to remain outstanding without being required to be repaid. Any reference herein to any Person shall be construed to include such Person’s successors and assigns. Any requirement of a writing contained herein shall be
satisfied by the transmission of a Record. 
 (g) All of the annexes, schedules and exhibits attached to this Agreement shall be
deemed incorporated herein by reference. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 24 

 [signature pages follow] 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 
  
 25 

 IN WITNESS WHEREOF, the undersigned parties hereto have caused this Agreement to be executed
and delivered as of the day and year first above written. 
  

							
	GRANTORS:	 		 	 OCLARO TECHNOLOGY LIMITED,
 a limited liability company incorporated under the
 laws of England and Wales, as
Borrower

				
		 		 	By:	 	 
		 		 	Jerry Turin
		 		 	Director
				
		 		 	By:	 	 
		 		 	Catherine H. Rundle
		 		 	Director

  

							
		 		 	 BOOKHAM INTERNATIONAL LTD.,

a company organized under the laws of the

Cayman Islands

				
		 		 	 By:
	 	 
		 		 	 Jerry Turin

		 		 	 Director/Attorney-in-Fact

  

							
		 		 	 BOOKHAM NOMINEES LIMITED,

a company incorporated under the laws of England

and Wales

				
		 		 	 By:
	 	 
		 		 	 Jerry Turin

		 		 	 Director

				
		 		 	 By:
	 	 
		 		 	 Catherine H. Rundle

		 		 	 Director

  

							
		 		 	 OCLARO (CANADA) INC.,

a federally incorporated Canadian corporation

				
		 		 	 By:
	 	 
		 		 	 Jerry Turin

		 		 	 President

  
 Amended and
Restated Security Agreement 
 (Foreign) 

 
			
	 OCLARO INNOVATIONS LLP,

a limited liability partnership organized under the

laws of England and Wales

		
	By:	 	Oclaro, Inc., its member
		
		 	By:                           
                                 
		 	Jerry Turin
		 	Chief Financial Officer
		
	By:	 	Oclaro (North America), Inc., its member
		
		 	By:                           
                                 
		 	Jerry Turin
		 	Chief Financial Officer

  
 Amended and
Restated Security Agreement 
 (Foreign) 

							
	AGENT:	 		 	 WELLS FARGO CAPITAL FINANCE, INC.,

a California corporation

				
		 		 	 By:
	 	 
		 		 	 Patrick McCormack

		 		 	 Vice President

  
 Amended and
Restated Security Agreement 
 (Foreign) 

 SCHEDULE 1 

COMMERCIAL TORT CLAIMS 
 None. 

 SCHEDULE 2 

COPYRIGHTS 

None. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 3 

INTELLECTUAL PROPERTY LICENSES 

The schedule of licenses listed on Schedule 3 to the Restated Security Agreement is incorporated herein by reference. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 4 

PATENTS 
 The schedule of
patents listed on Schedule 4 to the Restated Security Agreement is incorporated herein by reference and supplemented by the attached list of patents. Please note that these lists reflect a listing of the patents of all Oclaro entities, including
those who may not be obligors hereunder. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 5 

TRADEMARKS 
 The schedule of
trademarks listed on Schedule 5 to the Restated Security Agreement is incorporated herein by reference. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 6 

PLEDGED COMPANIES 
  

							
	 Name of Pledgor
	  	 Name of Pledged

Company
	  	 Certificate

Number(s)
	  	 Number of Shares/Units

				
	 [***]
	  	 Bookham International
 Ltd,
a corporation
 organized under the laws

of the Cayman Islands
	  	[***]	  	[***]
				
	 [***]
	  	 Bookham Nominees
 Limited, a
company incorporated under the
 laws of England and
 Wales
	  	[***]	  	[***]
				
	 [***]
	  	 Forthaven, Ltd., a

corporation organized
 under the laws of
England
 and Wales
	  	[***]	  	[***]
				
	 [***]
	  	Oclaro (Canada) Inc., a federally incorporated Canadian corporation	  	[***]	  	[***]
				
	 [***]
	  	 Oclaro Japan K.K., a corporation organized
 under the laws of Japan
	  	[***]	  	[***]
				
	 [***]
	  	 Oclaro Switzerland GmbH, a corporation organized
 under the laws of
 Switzerland
	  	[***]	  	[***]
				
	 [***]
	  	 Oclaro Technology
 Limited,
a limited liability company incorporated
 under the laws of England
 and Wales
	  	[***]	  	[***]

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

							
	 Name of Pledgor
	  	 Name of Pledged

Company
	  	 Certificate

Number(s)
	  	 Number of Shares/Units

				
	 [***]
	  	Oclaro Technology (Shenzhen) Co., Ltd., a corporation organized under the law of the People’s Republic of China	  	 [***]
	  	[***]
				
	 [***]
	  	Oclaro (Thailand) Limited, a Thai company	  	[***]	  	[***]
				
	 [***]
	  	Oclaro (Thailand) Limited, a Thai company	  	[***]	  	[***]
				
	 [***]
	  	Oclaro (Thailand) Limited, a Thai company	  	[***]	  	[***]
				
	 [***]
	  	 Oclaro International LTD.,
 a company organized
 under the laws of the
 Cayman Islands
	  	[***]	  	[***]
				
	 [***]
	  	 Oclaro Malaysia Sdn Bhd,
 a company organized
 under the laws of Malaysia
	  	[***]	  	[***]

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 6(k) 

CONTROLLED ACCOUNT BANKS 
 [***] 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 7 

OWNED REAL PROPERTY 
 None. 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 8 

LIST OF UNIFORM COMMERCIAL CODE FILING JURISDICTIONS 
  

			
	 GRANTOR
	  	 JURISDICTION

		
	 Bookham International Ltd.
	  	District of Columbia Recorder of Deeds
		
	 Bookham Nominees Ltd.
	  	District of Columbia Recorder of Deeds
		
	 Oclaro (Canada), Inc.
	  	District of Columbia Recorder of Deeds
		
	 Oclaro Innovations LLP
	  	District of Columbia Recorder of Deeds
		
	 Oclaro Technology Ltd.
	  	District of Columbia Recorder of Deeds

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 SCHEDULE 9 

INTELLECTUAL PROPERTY INFRINGEMENT/MISAPPROPRIATION 
 [***] 

  
 Confidential treatment is
being requested for portions of this document. This copy of the document filed as an exhibit omits the confidential information subject to the confidentiality request. Omissions are designated by the symbol [***]. A complete version of this document
has been filed separately with the Securities and Exchange Commission. 

 ANNEX 1 TO SECURITY AGREEMENT 

FORM OF JOINDER 

Joinder No.             (this “Joinder”), dated as of
            , to the Amended and Restated Security Agreement (Foreign), dated as of November 2, 2012(as amended, restated, supplemented, or otherwise modified from time to time, the
“Security Agreement”), by and among each of the parties listed on the signature pages thereto and those additional entities that thereafter become parties thereto (collectively, jointly and severally, “Grantors” and
each, individually, a “Grantor”) and WELLS FARGO CAPITAL FINANCE, INC., a California corporation (“WFCF”), in its capacity as agent for the Lender Group and the Bank Product Providers (in such capacity,
together with its successors and assigns in such capacity, “Agent”). 
 W I T N E S S E T H: 

WHEREAS, pursuant to that certain Second Amended and Restated Credit Agreement dated as of November 2, 2012 (as amended, restated,
supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Oclaro, Inc., a Delaware corporation (“Parent”), and Oclaro Technology Limited, a company incorporated under the laws of England
and Wales, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and,
collectively, the “Lenders”), and Agent, the Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and conditions thereof; and 

WHEREAS, initially capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the
Security Agreement or, if not defined therein, in the Credit Agreement; and 
 WHEREAS, Grantors have entered into the Security
Agreement in order to induce the Lender Group to make certain financial accommodations to Borrower; and 
 WHEREAS, pursuant to
Section 5.11 of the Credit Agreement and Section 24 of the Security Agreement, certain Subsidiaries of the Loan Parties, must execute and deliver certain Loan Documents, including the Security Agreement, and the joinder to
the Security Agreement by the undersigned new Grantor or Grantors (collectively, the “New Grantors”) may be accomplished by the execution of this Joinder in favor of Agent, for the benefit of the Lender Group and the Bank Product
Providers; and 
 WHEREAS, each New Grantor (a) is [an Affiliate] [a Subsidiary] of Borrower and, as such, will benefit by
virtue of the financial accommodations extended to Borrower by the Lender Group or the Bank Product Providers and (b) by becoming a Loan Party will benefit from certain rights granted to the Loan Parties pursuant to the terms of the Loan
Documents and the Bank Product Agreements; 

 NOW, THEREFORE, for and in consideration of the foregoing and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, each New Grantor hereby agrees as follows: 
 1. In
accordance with Section 24 of the Security Agreement, each New Grantor, by its signature below, becomes a “Grantor” under the Security Agreement with the same force and effect as if originally named therein as a
“Grantor” and each New Grantor hereby (a) agrees to all of the terms and provisions of the Security Agreement applicable to it as a “Grantor” thereunder and (b) represents and warrants that the representations and
warranties made by it as a “Grantor” thereunder are true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that are already qualified or modified by
materiality in the text thereof) on and as of the date hereof. In furtherance of the foregoing, each New Grantor does hereby unconditionally grant, assign, and pledge to Agent, for the benefit of the Lender Group and the Bank Product Providers, to
secure the Secured Obligations, a continuing security interest in and to all of such New Grantor’s right, title and interest in and to the Collateral. Schedule 1, “Commercial Tort Claims”, Schedule 2,
“Copyrights”, Schedule 3, “Intellectual Property Licenses”, Schedule 4, “Patents”, Schedule 5, “Trademarks”, Schedule 6, “Pledged Companies”, Schedule 6(k),
“Controlled Account Banks”, Schedule 7, “Owned Real Property”, Schedule 8, “List of Uniform Commercial Code Filing Jurisdictions”, and Schedule 9, “Intellectual Property
Infringement/Misappropriation” attached hereto supplement Schedule 1, Schedule 2, Schedule 3, Schedule 4, Schedule 5, Schedule 6, Schedule 6(k), Schedule 7, Schedule 8, and Schedule 9, respectively, to the Security Agreement and shall be deemed
a part thereof for all purposes of the Security Agreement. Each reference to a “Grantor” in the Security Agreement shall be deemed to include each New Grantor. The Security Agreement is incorporated herein by reference. Each New Grantor
authorizes Agent at any time and from time to time to file, transmit, or communicate, as applicable, financing statements and amendments thereto (i) describing the Collateral as “all personal property of debtor” or “all assets of
debtor” or words of similar effect, (ii) describing the Collateral as being of equal or lesser scope or with greater detail, or (iii) that contain any information required by part 5 of Article 9 of the Code for the sufficiency or
filing office acceptance. Each New Grantor also hereby ratifies any and all financing statements or amendments previously filed by Agent in any jurisdiction in connection with the Loan Documents. 

2. Each New Grantor represents and warrants to Agent, the Lender Group and the Bank Product Providers that this Joinder has been duly
executed and delivered by such New Grantor and constitutes its legal, valid, and binding obligation, enforceable against it in accordance with its terms, except as enforceability thereof may be limited by bankruptcy, insolvency, reorganization,
fraudulent transfer, moratorium, or other similar laws affecting creditors’ rights generally and general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity). 

3. This Joinder is a Loan Document. This Joinder may be executed in any number of counterparts and by different parties on separate
counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Joinder. Delivery of an executed counterpart of this Joinder by telefacsimile
or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Joinder. Any party delivering an executed counterpart of this Joinder by telefacsimile or other electronic method of
transmission also shall deliver an original executed counterpart of this Joinder but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Joinder. 

4. The Security Agreement, as supplemented hereby, shall remain in full force and effect. 

5. THE VALIDITY OF THIS JOINDER, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES HERETO WITH
RESPECT TO ALL MATTERS ARISING HEREUNDER OR RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. 

 6. THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS JOINDER
SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR
OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH NEW GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER
APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 6. 

7. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH NEW GRANTOR HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF
ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS JOINDER OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. AGENT AND EACH NEW
GRANTOR REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS JOINDER MAY BE FILED AS A WRITTEN CONSENT TO A
TRIAL BY THE COURT. 
 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the parties hereto have caused this Joinder to the Security Agreement to
be executed and delivered as of the day and year first above written. 
  

							
	NEW GRANTORS:	 		 	[NAME OF NEW GRANTOR]
				
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title:
			
		 		 	[NAME OF NEW GRANTOR]
				
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title:
			
	AGENT:	 		 	 WELLS FARGO CAPITAL FINANCE, INC.,
 a California corporation

				
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title:

 [SIGNATURE PAGE TO JOINDER NO.             TO
SECURITY AGREEMENT] 

 EXHIBIT A 

COPYRIGHT SECURITY AGREEMENT 
 This COPYRIGHT SECURITY AGREEMENT (this “Copyright Security Agreement”) is made this             day of
            , 20    , by and among Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each individually
“Grantor”), and WELLS FARGO CAPITAL FINANCE, INC., a California corporation(“WFCF”), in its capacity as agent for the Lender Group and the Bank Product Providers (in such capacity, together with its
successors and assigns in such capacity, “Agent”). 
 W I T N E S
S E T H: 
 WHEREAS, pursuant to that certain Second Amended and Restated Credit Agreement dated as
of November 2, 2012 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Oclaro, Inc., a Delaware corporation (“Parent”), and Oclaro Technology Limited, a
company incorporated under the laws of England and Wales, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such Lenders, together with their respective successors and assigns in such capacity, each,
individually, a “Lender” and, collectively, the “Lenders”), and Agent, the Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and
conditions thereof; and 
 WHEREAS, the members of the Lender Group are willing to make the financial accommodations to Borrower
as provided for in the Credit Agreement, but only upon the condition, among others, that Grantors shall have executed and delivered to Agent, for the benefit of the Lender Group and the Bank Product Providers, that certain Amended and Restated
Security Agreement (Foreign), dated as of November 2, 2012, (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Security Agreement”); and

 WHEREAS, pursuant to the Security Agreement, Grantors are required to execute and deliver to Agent, for the benefit of the
Lender Group and the Bank Product Providers, this Copyright Security Agreement; 
 NOW, THEREFORE, in consideration of the
premises and mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantors hereby agree as follows: 

1. DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the
Security Agreement or, if not defined therein, in the Credit Agreement. 
 2. GRANT OF SECURITY INTEREST IN COPYRIGHT
COLLATERAL. Each Grantor hereby unconditionally grants, assigns, and pledges to Agent, for the benefit each member of the Lender Group and each of the Bank Product Providers, to secure the Secured Obligations, a continuing security interest
(referred to in this Copyright Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising and subject to any
exclusions set forth in the Security Agreement (collectively, the “Copyright Collateral”): 

 (a) all of such Grantor’s Copyrights and Copyright Intellectual Property Licenses to
which it is a party including those referred to on Schedule I; 
 (b) all renewals or extensions of the foregoing; and

 (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or
future infringement of any Copyright or any Copyright exclusively licensed under any Intellectual Property License, including the right to receive damages, or the right to receive license fees, royalties, and other compensation under any Copyright
Intellectual Property License. 
 3. SECURITY FOR SECURED OBLIGATIONS. This Copyright Security Agreement and the Security
Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Copyright Security Agreement secures the payment of all amounts
which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Agent, the Lender Group, the Bank Product Providers or any of them, whether or not they are unenforceable or not allowable due to the existence of an
Insolvency Proceeding involving any Grantor. 
 4. SECURITY AGREEMENT. The Security Interest granted pursuant to this
Copyright Security Agreement is granted in conjunction with the security interests granted to Agent, for the benefit of the Lender Group and the Bank Product Providers, pursuant to the Security Agreement. Each Grantor hereby acknowledges and affirms
that the rights and remedies of Agent with respect to the Security Interest in the Copyright Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference
herein as if fully set forth herein. To the extent there is any inconsistency between this Copyright Security Agreement and the Security Agreement, the Security Agreement shall control. 

5. AUTHORIZATION TO SUPPLEMENT. Grantors shall give Agent prior written notice of no less than three (3) Business Days before
filing any additional application for registration of any copyright and prompt notice in writing of any additional copyright registrations granted therefor after the date hereof. Without limiting Grantors’ obligations under this Section,
Grantors hereby authorize Agent unilaterally to modify this Copyright Security Agreement by amending Schedule I to include any future United States registered copyrights or applications therefor which constitute Collateral of each Grantor.
Notwithstanding the foregoing, no failure to so modify this Copyright Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from Agent’s continuing security interest in all Collateral, whether or not
listed on Schedule I. 
 6. COUNTERPARTS. This Copyright Security Agreement may be executed in any number of
counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Copyright Security Agreement.
Delivery of an executed counterpart of this Copyright Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Copyright Security Agreement.
Any party delivering an executed counterpart of this Copyright Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Copyright Security Agreement but the failure to
deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Copyright Security Agreement. 

  
 2 

 7. CONSTRUCTION. This Copyright Security Agreement is a Loan Document. Unless the
context of this Copyright Security Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the
term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or”. The words “hereof”, “herein”, “hereby”, “hereunder”, and similar terms in this
Copyright Security Agreement refer to this Copyright Security Agreement as a whole and not to any particular provision of this Copyright Security Agreement. Section, subsection, clause, schedule, and exhibit references herein are to this Copyright
Security Agreement unless otherwise specified. Any reference in this Copyright Security Agreement to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements,
substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth
herein). The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract
rights. Any reference herein to the satisfaction, repayment, or payment in full of the Secured Obligations shall mean the repayment in full in cash or immediately available funds (or, (a) in the case of contingent reimbursement obligations with
respect to Letters of Credit, providing Letter of Credit Collateralization, and (b) in the case of obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization) of all of the Secured
Obligations (including the payment of any termination amount then applicable (or which would or could become applicable as a result of the repayment of the other Secured Obligations) under Hedge Agreements provided by Hedge Providers) other than
(i) unasserted contingent indemnification Secured Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being
required to be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the applicable Hedge Provider to remain outstanding without being required to be repaid. Any reference herein to any Person shall
be construed to include such Person’s successors and permitted assigns. Any requirement of a writing contained herein shall be satisfied by the transmission of a Record. 
 8. THE VALIDITY OF THIS COPYRIGHT SECURITY AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES HERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR
RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. 

9. THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS COPYRIGHT SECURITY AGREEMENT SHALL BE TRIED AND
LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER
PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER
APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 9. 

10. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH GRANTOR HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY
CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. AGENT AND EACH GRANTOR
REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS COPYRIGHT SECURITY AGREEMENT MAY BE FILED AS A WRITTEN
CONSENT TO A TRIAL BY THE COURT. 
 [SIGNATURE PAGE FOLLOWS] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused this Copyright Security Agreement to be
executed and delivered as of the day and year first above written. 
  

					
	GRANTORS:	 	  

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:
		
		 	  

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:
		
		 	ACCEPTED AND ACKNOWLEDGED BY:
		
	AGENT:	 	 WELLS FARGO CAPITAL FINANCE, INC.,
 a California corporation

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:

 [SIGNATURE PAGE TO COPYRIGHT SECURITY AGREEMENT] 

 SCHEDULE I 

TO 

COPYRIGHT SECURITY AGREEMENT 
 COPYRIGHT REGISTRATIONS 
  

									
	 Grantor
	 	 Country
	 	 Copyright
	  	Registration No.	  	Registration Date

 Copyright Licenses 
 COPYRIGHT SECURITY AGREEMENT 

 EXHIBIT B 

PATENT SECURITY AGREEMENT 
 This PATENT SECURITY AGREEMENT (this “Patent Security Agreement”) is made this             day of
            , 20    , by and among the Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each
individually “Grantor”), and WELLS FARGO CAPITAL FINANCE, INC., a California corporation (“WFCF”), in its capacity as agent for the Lender Group and the Bank Product Providers (in such capacity, together with
its successors and assigns in such capacity, “Agent”). 
 W I T N E S
S E T H: 
 WHEREAS, pursuant to that certain Second Amended and Restated Credit Agreement dated as
of November 2, 2012 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Oclaro, Inc., a Delaware corporation (“Parent”), and Oclaro Technology Limited, a
company incorporated under the laws of England and Wales, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such Lenders, together with their respective successors and assigns in such capacity, each,
individually, a “Lender” and, collectively, the “Lenders”), and Agent, the Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and
conditions thereof; and 
 WHEREAS, the members of Lender Group are willing to make the financial accommodations to Borrower as
provided for in the Credit Agreement, but only upon the condition, among others, that the Grantors shall have executed and delivered to Agent, for the benefit of the Lender Group and the Bank Product Providers, that certain Amended and Restated
Security Agreement (Foreign), dated as of November 2, 2012 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Security Agreement”); and

 WHEREAS, pursuant to the Security Agreement, Grantors are required to execute and deliver to Agent, for the benefit of the
Lender Group and the Bank Product Providers, this Patent Security Agreement; 
 NOW, THEREFORE, in consideration of the premises
and mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Grantor hereby agrees as follows: 

1. DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the
Security Agreement or, if not defined therein, in the Credit Agreement. 

 2. GRANT OF SECURITY INTEREST IN PATENT COLLATERAL. Each Grantor hereby
unconditionally grants, assigns, and pledges to Agent, for the benefit each member of the Lender Group and each of the Bank Product Providers, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security
Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising and subject to any exclusions set forth in the Security
Agreement (collectively, the “Patent Collateral”): 
 (a) all of its Patents and Patent Intellectual Property
Licenses to which it is a party including those referred to on Schedule I; 
 (b) all divisionals, continuations,
continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and 
 (c) all products and proceeds of the
foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right
to receive license fees, royalties, and other compensation under any Patent Intellectual Property License. 
 3. SECURITY FOR
SECURED OBLIGATIONS. This Patent Security Agreement and the Security Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the
foregoing, this Patent Security Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Agent, the Lender Group, the Bank Product Providers or any of them,
whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding involving any Grantor. 

4. SECURITY AGREEMENT. The Security Interest granted pursuant to this Patent Security Agreement is granted in conjunction with the
security interests granted to Agent, for the benefit of the Lender Group and the Bank Product Providers, pursuant to the Security Agreement. Each Grantor hereby acknowledges and affirms that the rights and remedies of Agent with respect to the
Security Interest in the Patent Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. To the extent there is any
inconsistency between this Patent Security Agreement and the Security Agreement, the Security Agreement shall control. 
 5.
AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patent application or issued patent or become entitled to the benefit of any patent application or patent for any divisional, continuation, continuation-in-part,
reissue, or reexamination of any existing patent or patent application, the provisions of this Patent Security Agreement shall automatically apply thereto. Grantors shall give prompt notice in writing to Agent with respect to any such new patent
rights. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize Agent unilaterally to modify this Patent Security Agreement by amending Schedule I to include any such new patent rights which constitute
Collateral of each Grantor. Notwithstanding the foregoing, no failure to so modify this Patent Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from Agent’s continuing security interest in all
Collateral, whether or not listed on Schedule I. 
 6. COUNTERPARTS. This Patent Security Agreement may be
executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same
Patent Security Agreement. Delivery of an executed counterpart of this Patent Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Patent
Security Agreement. Any party delivering an executed counterpart of this Patent Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Patent Security Agreement but
the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Patent Security Agreement. 

  
 2 

 7. CONSTRUCTION. This Patent Security Agreement is a Loan Document. Unless the
context of this Patent Security Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the
term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or”. The words “hereof”, “herein”, “hereby”, “hereunder”, and similar terms in this
Patent Security Agreement refer to this Patent Security Agreement as a whole and not to any particular provision of this Patent Security Agreement. Section, subsection, clause, schedule, and exhibit references herein are to this Patent Security
Agreement unless otherwise specified. Any reference in this Patent Security Agreement to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions,
joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The
words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract
rights. Any reference herein to the satisfaction, repayment, or payment in full of the Secured Obligations shall mean the repayment in full in cash or immediately available funds (or, (a) in the case of contingent reimbursement obligations with
respect to Letters of Credit, providing Letter of Credit Collateralization, and (b) in the case of obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization) of all of the Secured
Obligations (including the payment of any termination amount then applicable (or which would or could become applicable as a result of the repayment of the other Secured Obligations) under Hedge Agreements provided by Hedge Providers) other than
(i) unasserted contingent indemnification Secured Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being
required to be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the applicable Hedge Provider to remain outstanding without being required to be repaid. Any reference herein to any Person shall
be construed to include such Person’s successors and permitted assigns. Any requirement of a writing contained herein shall be satisfied by the transmission of a Record. 
 8. THE VALIDITY OF THIS PATENT SECURITY AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES HERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR RELATED
HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. 
 9. THE
PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS PATENT SECURITY AGREEMENT SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS
ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH
ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO
VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 9. 

  
 3 

 10. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH GRANTOR HEREBY WAIVE
THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON
LAW OR STATUTORY CLAIMS. AGENT AND EACH GRANTOR REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS PATENT
SECURITY AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 
 [SIGNATURE PAGE FOLLOWS] 

  
 4 

 IN WITNESS WHEREOF, the parties hereto have caused this Patent Security Agreement to be
executed and delivered as of the day and year first above written. 
  

					
	GRANTORS:	 	  

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:
			
		 	By:	 	  

		 		 	Name:
		 		 	Title:
		
		 	ACCEPTED AND ACKNOWLEDGED BY:
		
	AGENT:	 	 WELLS FARGO CAPITAL FINANCE, INC.,
 a California corporation

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:

 [SIGNATURE PAGE TO PATENT SECURITY AGREEMENT] 

 SCHEDULE I 

to 

PATENT SECURITY AGREEMENT 
 Patents 
  

									
	 Grantor
	 	 Country
	 	 Patent
	  	Application/
Patent No.	  	Filing Date

 Patent Licenses 

 EXHIBIT C 
 PLEDGED INTERESTS ADDENDUM 
 This Pledged Interests Addendum, dated
as of             , 20            (this “Pledged Interests Addendum”), is delivered pursuant to Section 6
of the Security Agreement referred to below. The undersigned hereby agrees that this Pledged Interests Addendum may be attached to that certain Amended and Restated Security Agreement (Foreign), dated as of November 2, 2012, (as amended,
restated, supplemented, or otherwise modified from time to time, the “Security Agreement”), made by the undersigned, together with the other Grantors named therein, to WELLS FARGO CAPITAL FINANCE, INC., a California
corporation, as Agent. Initially capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Security Agreement or, if not defined therein, in the Credit Agreement. The undersigned hereby agrees that the
additional interests listed on Schedule I shall be and become part of the Pledged Interests pledged by the undersigned to Agent in the Security Agreement and any pledged company set forth on Schedule I shall be and become a
“Pledged Company” under the Security Agreement, each with the same force and effect as if originally named therein. 

This Pledged interests Addendum is a Loan Document. Delivery of an executed counterpart of this Pledged Interests Addendum by
telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Pledged Interests Addendum. If the undersigned delivers an executed counterpart of this Pledged Interests
Addendum by telefacsimile or other electronic method of transmission, the undersigned shall also deliver an original executed counterpart of this Pledged Interests Addendum but the failure to deliver an original executed counterpart shall not affect
the validity, enforceability, and binding effect of this Pledged Interests Addendum. 
 The undersigned hereby certifies that
the representations and warranties set forth in Section 5 of the Security Agreement of the undersigned are true and correct as to the Pledged Interests listed herein on and as of the date hereof. 

THE VALIDITY OF THIS PLEDGED INTERESTS ADDENDUM, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES
HERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. 

THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS PLEDGED INTERESTS ADDENDUM SHALL BE TRIED AND LITIGATED
ONLY IN THE STATE, AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE
BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT
EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS PARAGRAPH. 

 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH GRANTOR HEREBY WAIVE THEIR
RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS PLEDGED INTERESTS ADDENDUM OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL
OTHER COMMON LAW OR STATUTORY CLAIMS. AGENT AND EACH GRANTOR REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY
OF THIS PLEDGED INTERESTS ADDENDUM MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 
 [SIGNATURE PAGE FOLLOWS]

  
 2 

 IN WITNESS WHEREOF, the undersigned has caused this Pledged Interests Addendum to be
executed and delivered as of the day and year first above written. 
  

			
	[___________________________________]
		
	By:	 	  

		 	Name:
		 	Title:

 SCHEDULE I 

TO 

PLEDGED INTERESTS ADDENDUM 
 Pledged Interests 
  

											
	 Name of Grantor
	 	 Name of Pledged
Company
	 	 Number of

Shares/Units
	  	Class of
Interests	  	Percentage of
Class Owned	  	Certificate
Nos.

 EXHIBIT D 

TRADEMARK SECURITY AGREEMENT 
 This TRADEMARK SECURITY AGREEMENT (this “Trademark Security Agreement”) is made this             day of
            , 20        , by and among Grantors listed on the signature pages hereof (collectively, jointly and severally,
“Grantors” and each individually “Grantor”), and WELLS FARGO CAPITAL FINANCE, INC., a California corporation (“WFCF”), in its capacity as agent for the Lender Group and the Bank Product
Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”). 
 W
I T N E S S E T H: 
 WHEREAS, pursuant to that certain Second
Amended and Restated Credit Agreement dated as of November 2, 2012 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Oclaro, Inc., a Delaware corporation
(“Parent”), and Oclaro Technology Limited, a company incorporated under the laws of England and Wales, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such Lenders, together with their
respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), and Agent, the Lender Group has agreed to make certain financial accommodations available to
Borrower from time to time pursuant to the terms and conditions thereof; and 
 WHEREAS, the members of the Lender Group are
willing to make the financial accommodations to Borrower as provided for in the Credit Agreement, but only upon the condition, among others, that Grantors shall have executed and delivered to Agent, for the benefit of Lender Group and the Bank
Product Providers, that certain Amended and Restated Security Agreement (Foreign), dated as of November 2, 2012 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified,
the “Security Agreement”); and 
 WHEREAS, pursuant to the Security Agreement, Grantors are required to execute
and deliver to Agent, for the benefit of Lender Group and the Bank Product Providers, this Trademark Security Agreement; 
 NOW,
THEREFORE, in consideration of the premises and mutual covenants herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Grantor hereby agrees as follows: 

1. DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the
Security Agreement or, if not defined therein, in the Credit Agreement. 
 2. GRANT OF SECURITY INTEREST IN TRADEMARK
COLLATERAL. Each Grantor hereby unconditionally grants, assigns, and pledges to Agent, for the benefit each member of the Lender Group and each of the Bank Product Providers, to secure the Secured Obligations, a continuing security interest
(referred to in this Trademark Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising and subject to any
exclusions set forth in the Security Agreement (collectively, the “Trademark Collateral”): 

 (a) all of its Trademarks and Trademark Intellectual Property Licenses to which it is a
party including those referred to on Schedule I; 
 (b) all goodwill of the business connected with the use of, and symbolized
by, each Trademark and each Trademark Intellectual Property License; and 
 (c) all products and proceeds (as that term is
defined in the Code) of the foregoing, including any claim by such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any Intellectual Property
License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any Trademark Intellectual Property License.

 3. SECURITY FOR SECURED OBLIGATIONS. This Trademark Security Agreement and the Security Interest created hereby secures
the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Trademark Security Agreement secures the payment of all amounts which constitute part of the
Secured Obligations and would be owed by Grantors, or any of them, to Agent, the Lender Group, the Bank Product Providers or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding
involving any Grantor. 
 4. SECURITY AGREEMENT. The Security Interest granted pursuant to this Trademark Security
Agreement is granted in conjunction with the security interests granted to Agent, for the benefit of the Lender Group and the Bank Product Providers, pursuant to the Security Agreement. Each Grantor hereby acknowledges and affirms that the rights
and remedies of Agent with respect to the Security Interest in the Trademark Collateral made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully
set forth herein. To the extent there is any inconsistency between this Trademark Security Agreement and the Security Agreement, the Security Agreement shall control. 
 5. AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new trademarks, the provisions of this Trademark Security Agreement shall automatically apply thereto. Grantors shall give
prompt notice in writing to Agent with respect to any such new trademarks or renewal or extension of any trademark registration. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize Agent unilaterally to modify
this Trademark Security Agreement by amending Schedule I to include any such new trademark rights which constitute Collateral of each Grantor. Notwithstanding the foregoing, no failure to so modify this Trademark Security Agreement or amend
Schedule I shall in any way affect, invalidate or detract from Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I. 
 6. COUNTERPARTS. This Trademark Security Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall
be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Trademark Security Agreement. Delivery of an executed counterpart of this Trademark Security Agreement by telefacsimile or other electronic
method of transmission shall be equally as effective as delivery of an original executed counterpart of this Trademark Security Agreement. Any party delivering an executed counterpart of this Trademark Security Agreement by telefacsimile or other
electronic method of transmission also shall deliver an original executed counterpart of this Trademark Security Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect
of this Trademark Security Agreement. 

  
 2 

 7. CONSTRUCTION. This Copyright Security Agreement is a Loan Document. Unless the
context of this Trademark Security Agreement clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the
term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or”. The words “hereof”, “herein”, “hereby”, “hereunder”, and similar terms in this
Trademark Security Agreement refer to this Trademark Security Agreement as a whole and not to any particular provision of this Trademark Security Agreement. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement
unless otherwise specified. Any reference in this Trademark Security Agreement to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders,
and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The words
“asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts, and contract rights. Any reference
herein to the satisfaction, repayment, or payment in full of the Secured Obligations shall mean the repayment in full in cash or immediately available funds (or, (a) in the case of contingent reimbursement obligations with respect to Letters of
Credit, providing Letter of Credit Collateralization, and (b) in the case of obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization) of all of the Secured Obligations (including the
payment of any termination amount then applicable (or which would or could become applicable as a result of the repayment of the other Secured Obligations) under Hedge Agreements provided by Hedge Providers) other than (i) unasserted contingent
indemnification Secured Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being required to be repaid or cash
collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the applicable Hedge Provider to remain outstanding without being required to be repaid. Any reference herein to any Person shall be construed to include such
Person’s successors and permitted assigns. Any requirement of a writing contained herein shall be satisfied by the transmission of a Record. 
 8. THE VALIDITY OF THIS TRADEMARK SECURITY AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, AND THE RIGHTS OF THE PARTIES HERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR
RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA. 

9. THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS TRADEMARK SECURITY AGREEMENT SHALL BE TRIED AND
LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA; PROVIDED, HOWEVER, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER
PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. AGENT AND EACH GRANTOR WAIVE, TO THE EXTENT PERMITTED UNDER
APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 9. 

10. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AGENT AND EACH GRANTOR HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO A JURY TRIAL OF
ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS. AGENT AND EACH
GRANTOR REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS TRADEMARK SECURITY AGREEMENT MAY BE FILED AS A
WRITTEN CONSENT TO A TRIAL BY THE COURT. 

  
 3 

 11. Amendment and Restatement of Original Security Agreement. This Agreement
constitutes an amendment and restatement of the Original Security Agreement effective from and after the Closing Date. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby are not intended by the
parties to be, and shall not constitute, a novation or an accord and satisfaction of the Obligations or any other obligations owing to Agent or the Lenders under the Original Security Agreement, Original Credit Agreement or any other loan document
executed in connection therewith. Each of the parties hereto hereby acknowledges and agrees that the grant of the security interests in the Collateral pursuant to this Agreement and in any other Loan Document (unless explicitly agreed to by Agent in
writing) is not intended to, nor shall it be construed, as constituting a release of any prior security interests granted by any Loan Party under the Original Security Agreement or otherwise in favor of Agent for the benefit of itself, the Lenders,
Issuing Lender, Underlying Issuer and the Bank Product Providers in or to any Collateral or any other Property of such Loan Party, but is intended to constitute a restatement and reconfirmation of the prior security interests granted by the Loan
Parties in favor of Agent for the benefit of itself, the Lenders, Issuing Lender, Underlying Issuer and the Bank Product Providers in and to the Collateral and a grant of a new security interest in any Collateral that is not included in the prior
security grants by the Loan Parties and in favor of Agent for the benefit of itself, the Lenders, Issuing Lender, Underlying Issuer and the Bank Product Providers to the extent such grant was not included in the prior security grants. 

[SIGNATURE PAGE FOLLOWS] 

  
 4 

 IN WITNESS WHEREOF, the parties hereto have caused this Trademark Security Agreement to be
executed and delivered as of the day and year first above written. 
  

					
	GRANTORS:	 	  

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:
		
		 	  

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:
		
		 	ACCEPTED AND ACKNOWLEDGED BY:
		
	AGENT:	 	 WELLS FARGO CAPITAL FINANCE, INC.,
 a California corporation

			
		 	By:	 	  

		 		 	Name:
		 		 	Title:

 [SIGNATURE PAGE TO TRADEMARK SECURITY AGREEMENT] 

 SCHEDULE I 

to 

TRADEMARK SECURITY AGREEMENT 
  

									
	 Grantor
	 	 Country
	 	 Mark
	  	Application/
Registration No.	  	App/Reg Date

 Trade Names 
 Common Law Trademarks  

Trademarks Not Currently In Use 
 Trademark LicensesEX-10.8

 Exhibit 10.8 
 ASSET PURCHASE AGREEMENT 
 between 

OCLARO, INC. 
 and 
 II-VI INCORPORATED 

and 
 PHOTOP
TECHNOLOGIES, INC. 
 (California) 
 and 
 PHOTOP KONCENT, INC. (FUZHOU) 

(China) 

dated as of 

November 19, 2012 

 TABLE OF CONTENTS 

 

					
	 ARTICLE I DEFINITIONS
	  	 	1	  
		
	 ARTICLE II PURCHASE AND SALE
	  	 	12	  
		
	 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER
	  	 	19	  
		
	 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER
	  	 	32	  
		
	 ARTICLE V COVENANTS
	  	 	34	  
		
	 ARTICLE VI INDEMNIFICATION
	  	 	42	  
		
	 ARTICLE VII MISCELLANEOUS
	  	 	48	  

  
 i 

 ASSET PURCHASE AGREEMENT 

This ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of November 19, 2012, is entered into between
Oclaro, Inc., a Delaware corporation (together with Oclaro (North America), Inc., a Delaware corporation, Oclaro Technology, Inc., a Delaware corporation, and Oclaro Technology Ltd., a U.K. corporation, collectively, “Seller”) and
Photop Technologies, Inc., a California corporation and Photop Koncent, Inc. (FuZhou), a company organized under the laws of People’s Republic of China (collectively, “Buyer”) and II-VI Incorporated, a
Pennsylvania corporation (“Parent”). 
 RECITALS 

WHEREAS, Seller is engaged through its Santa Rosa, California operations in the business of developing, manufacturing, marketing
and selling thin film filter optical products used for optical communications, life sciences and industrial applications (the “Santa Rosa Business”); 

WHEREAS, Seller is also engaged in the business of developing, marketing and selling interleavers for optical communications (the
“Interleaver Business” and, together with the Santa Rosa Business, collectively, the “Business”) and 
 WHEREAS, Seller wishes to sell and assign to Buyer, and Buyer wishes to purchase and assume from Seller, substantially all the assets, and certain specified liabilities, of the Business, subject to
the terms and conditions set forth herein; 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto agree as follows: 

ARTICLE I 

DEFINITIONS 
 The following terms have the meanings specified or referred to in this Article I: 
 “Accounts Receivable” means all accounts and notes receivable associated with the Business. 

 “Action” means any claim, action, cause of action, complaint, demand,
lawsuit, arbitration, audit, proceeding, litigation, arbitration, citation, summons, subpoena or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, whether at law or in equity. 

“Affiliate” of a Person means any other Person that directly or indirectly, through one or more intermediaries,
controls, is controlled by, or is under common control with, such Person. For purposes of this definition and Section 5.04(d) and Section 5.04(e) , the term “control” (including the terms “controlled by” and
“under common control with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or
otherwise. 
 “Agreement” has the meaning set forth in the preamble. 

“Allocation Schedule” has the meaning set forth in Section 2.06. 

“Assigned Contracts” means all Contracts, including, Intellectual Property Licenses, if any, set forth on
Section 2.01(b) of the Disclosure Schedules. 
 “Assignment and Assumption Agreement” has the
meaning set forth in Section 2.09(a)(iii). 
 “Assignment and Assumption of Lease” has the
meaning set forth in Section 2.09(a)(v). 
 “Assumed Liabilities” has the meaning set forth in
Section 2.03. 
 “Assumed Tax Liabilities” has the meaning set forth in
Section 2.03(c). 
 “Balance Sheet” has the meaning set forth in Section 3.04.

 “Balance Sheet Date” has the meaning set forth in Section 3.04. 

“Benefit Plan” means each pension, benefit, retirement, compensation, profit-sharing, deferred compensation,
incentive, performance award, phantom equity, stock or stock-based, change in control, retention, severance, vacation, paid time off, fringe-benefit and other similar agreement, plan, policy, program or arrangement (and any amendments thereto), in
each case whether or not reduced to writing and whether funded or unfunded, including each “employee benefit plan” within the meaning of Section 3(3) of ERISA, whether or not tax-qualified and whether or not subject to ERISA, which is
or has been maintained, sponsored, contributed to, or required to be contributed to by Seller for the benefit of any current or former employee, officer, director, retiree, independent contractor or consultant of Seller or any spouse or dependent of
such individual, or under which Seller has or may have any Liability, or with respect to which Buyer or any of its Affiliates would reasonably be expected to have any Liability, contingent or otherwise. 

  
 2 

 “Bill of Sale” has the meaning set forth in
Section 2.09(a)(ii). 
 “Books and Records” means all books and records located in
Seller’s Santa Rosa facility and originals, or where not available, copies, of each of the following, to the extent not located in Seller’s Santa Rosa facility related to the Business and not located in Seller’s Santa Rosa facility:
(a) to the extent created on or after January 1, 2008 and in the possession or control of Seller: books of account, ledgers and general, financial and accounting records, machinery and equipment maintenance files, customer lists, customer
purchasing histories, price lists, distribution lists, supplier lists, production data, quality control records and procedures, email and other communications with and from vendors and customers (to the extent retrievable) including, complaints and
inquiry files, correspondence with any Governmental Authority, sales material and records (including pricing history, total sales, terms and conditions of sale, sales and pricing policies and practices), marketing and promotional surveys, publicly
filed documents relating to any Action involving the Business or the Purchased Assets currently pending, internal and external audit reports (including, reports relating to financial, quality, export control or trade compliance matters), documents
relating to any mergers or acquisitions (including, Cierra Photonics): and (b) research and development files and intellectual property files relating to the Intellectual Property Assets and the Intellectual Property Licenses. 

“Business” has the meaning set forth in the Recitals. 

“Business Day” means any day except Saturday, Sunday or any other day on which commercial banks located in
California are authorized or required by Law to be closed for business. 
 “Buyer” has the meaning set
forth in the preamble. 
 “Buyer Basket Exclusions” has the meaning set forth in
Section 6.04(a). 
 “Buyer Indemnitees” has the meaning set forth in Section 6.02.

  
 3 

 “CERCLA” means the Comprehensive Environmental Response, Compensation,
and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§ 9601 et seq. 
 “Closing” has the meaning set forth in Section 2.08. 
 “Closing Date” has the meaning set forth in Section 2.08. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

“Contracts” means all contracts, leases, deeds, mortgages, licenses, instruments, notes, commitments, undertakings,
indentures, joint ventures and all other agreements, commitments and legally binding arrangements, whether written or oral. 

“Direct Claim” has the meaning set forth in Section 6.05(c). 

“Disclosure Schedule” means the Disclosure Schedule delivered by Seller concurrently with the execution and
delivery of this Agreement. 
 “Dollars or $” means the lawful currency of the United States. 

“Eligible Employees” has the meaning set forth in Section 5.02(a). 

“Encumbrance” means any charge, claim, community property interest, pledge, condition, equitable interest, lien
(statutory or other), option, security interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind, including any restriction or covenant with respect to use, transfer, receipt of income or exercise
of any other attribute of ownership. 
 “Environmental Claim” means any Action or Governmental Order, or,
as to each, any settlement or judgment arising therefrom, by or from any Person alleging liability of whatever kind or nature reasonably (including liability or responsibility for the costs of enforcement proceedings, investigations, cleanup,
governmental response, removal or remediation, natural resources damages, property damages, personal injuries, medical monitoring, penalties, contribution, indemnification and injunctive relief) arising out of, based on or resulting from any actual
or alleged non-compliance with any Environmental Law or term or condition of any Environmental Permit. 

  
 4 

 “Environmental Law” means any applicable Law: (a) relating to the
environment (including ambient air, soil, surface water or groundwater, or subsurface strata. The term “Environmental Law” includes, without limitation, the following (including their implementing regulations and any state analogs): the
Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§ 9601 et seq.; the Solid Waste Disposal Act, as amended by the Resource
Conservation and Recovery Act of 1976, as amended by the Hazardous and Solid Waste Amendments of 1984, 42 U.S.C. §§ 6901 et seq.; the Federal Water Pollution Control Act of 1972, as amended by the Clean Water Act of 1977, 33 U.S.C.
§§ 1251 et seq.; the Toxic Substances Control Act of 1976, as amended, 15 U.S.C. §§ 2601 et seq.; the Emergency Planning and Community Right-to-Know Act of 1986, 42 U.S.C. §§ 11001 et seq.; the Clean Air Act of 1966, as
amended by the Clean Air Act Amendments of 1990, 42 U.S.C. §§ 7401 et seq and the Occupational Safety and Health Act of 1970, as amended, 29 U.S.C. §§ 651 et seq. 

“Environmental Notice” means any written directive, notice of violation or infraction, or notice respecting any
Environmental Claim relating to actual or alleged non-compliance with any Environmental Law or any term or condition of any Environmental Permit. 
 “Environmental Permit” means any Permit required under or issued, granted, given, authorized by or made pursuant to Environmental Law. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated
thereunder. 
 “ERISA Affiliate” means, with respect to any Person, any other Person that, together with
such first Person, would be treated as a single employer within the meaning of Section 414(b), (c), (m) or (o) of the Code. 
 “Escrow Agent” means the entity designated to serve as escrow agent under the Escrow Agreement. 
 “Escrow Agreement” means the Escrow Agreement among Buyer, Seller and the Escrow Agent, to be executed and delivered at the Closing in the form attached hereto as Exhibit A.

 “Escrow Amount” means the sum of One Million Dollars ($1,000,000) to be deposited with the Escrow Agent
and held in escrow pursuant to the Escrow Agreement. 
 “Excluded Assets” has the meaning set forth in
Section 2.02. 
 “Excluded Contracts” has the meaning set forth in Section 2.02.

 “Excluded Liabilities” has the meaning set forth in Section 2.04. 

“Excluded Warranties” has the meaning set forth in Section 2.02(g). 

  
 5 

 “Financial Statements” has the meaning set forth in
Section 3.04. 
 “GAAP” means United States generally accepted accounting principles in effect
from time to time. 
 “Governmental Authority” means any United States federal, state, local or any
foreign government, or political subdivision thereof, or any agency or instrumentality of such government or political subdivision, or any self-regulated organization or other non-governmental regulatory authority or quasi-governmental authority (to
the extent that the rules, regulations or orders of such organization or authority have the force of Law), or any arbitrator, court or tribunal of competent jurisdiction. 
 “Governmental Order” means any order, writ, judgment, injunction, decree, stipulation, determination or award entered by or with any Governmental Authority. 

“Hazardous Materials” means: (a) any material, substance, chemical, waste, product, derivative, compound,
mixture, solid, liquid, mineral or gas, in each case, whether naturally occurring or manmade, that is hazardous, acutely hazardous, toxic, or words of similar import or regulatory effect under Environmental Laws; and (b) any petroleum or
petroleum-derived products, radon, radioactive materials or wastes, asbestos in any form, lead or lead-containing materials, urea formaldehyde foam insulation and polychlorinated biphenyls. 

“Indemnified Party” has the meaning set forth in Section 6.05. 

“Indemnifying Party” has the meaning set forth in Section 6.05. 

“Intellectual Property” means all of the following and similar intangible property and related proprietary rights,
interests and protections, however arising, pursuant to the Laws of any jurisdiction throughout the world: (a) trademarks, service marks, trade names, brand names, logos, trade dress and other proprietary indicia of the source or origin of
goods and services, whether registered or unregistered, and all registrations and applications for registration of such trademarks, including intent-to-use applications, all issuances, extensions and renewals of such registrations and applications
and the goodwill connected with the use of and symbolized by any of the foregoing; (b) internet domain names, whether or not trademarks, registered in any top-level domain by any authorized private registrar or Governmental Authority;
(c) all copyrights in original works of authorship in any medium of expression, whether or not published, all registrations and applications for registration of such copyrights, and all issuances, extensions and renewals of such registrations
and applications; (d) confidential information, formulas, designs, devices, technology, know-how, research and development, inventions, methods, processes, compositions and other trade secrets, whether or not patentable; (e) patented and
patentable designs and inventions, all design, plant and utility patents, letters patent, utility models, pending patent applications and provisional applications and all issuances, divisions, continuations, continuations-in-part, reissues,
extensions, reexaminations and renewals of such patents and applications; and (f) all rights to sue and recover and retain damages for past, present and future infringement or other violation of any of the foregoing. 

  
 6 

 “Intellectual Property Assets” means all Intellectual Property set
forth on Section 2.01(c) of the Disclosure Schedule, including the goodwill associated therewith and the right to sue for infringement thereof. 
 “Intellectual Property Assignments” has the meaning set forth in Section 2.09(a)(iv). 
 “Intellectual Property Licenses” means all licenses, sublicenses and other Contracts in which other Persons, including Seller’s Affiliates, expressly grant to Seller an
exclusive or non-exclusive license, covenant not to sue or assert, immunity from suit or similar rights or interests in or to any Technology or Intellectual Property that is used or held for use in the conduct of the Business, excluding
non-exclusive licenses to software that is generally commercially available. 
 “Intellectual Property
Registrations” means all Intellectual Property Assets that are subject to any issuance, registration, application or other filing by, to or with any Governmental Authority or authorized private registrar in any jurisdiction, including
registered trademarks, domain names and copyrights, issued and reissued patents and pending applications for any of the foregoing, and that are active and subsisting as of the date hereof. 

“Interleaver Business” has the meaning set forth in the Recitals. 

“Inventory” means all of the inventory of the Business: (a) with respect to the Santa Rosa Business, located
at Seller’s Santa Rosa facility; (b) with respect to the Interleaver Business, located at Photop’s facility in Fuzhou, China; and (c) located with customers, vendors and other contract manufacturers, in each case, including raw
materials, work-in-process and finished goods, packaging, supplies, parts and other inventories including, all such in-transit inventory; including, the inventory set forth in Section 1.1 of the Disclosure Schedules (except to the extent such
inventory has been sold in the ordinary course of business prior to the Closing). 
 “Knowledge” means, with
respect to an individual and a given fact or matter, that such individual is actually aware of such fact or matter, after due inquiry. As used herein, the phrase “due inquiry” shall mean, with respect to any Person, such Person’s
inquiry of the direct report who would reasonably be expected to have actual knowledge of relevant facts and circumstances. 

  
 7 

 “Knowledge of Seller or Seller’s Knowledge” or any other similar
knowledge qualification, means the Knowledge of Seller’s executive officers and the individuals set forth in Section 1.2 of the Disclosure Schedule. 
 “Law” means any statute, law, ordinance, regulation, rule, code, order, constitution, treaty, common law, judgment, decree, other requirement or rule of law of any Governmental
Authority. 
 “Leased Real Property” has the meaning set forth in Section 3.10(a). 

“Leases” has the meaning set forth in Section 3.10(a). 

“Liability” or “Liabilities” means liabilities, obligations or commitments of any nature
whatsoever, asserted or unasserted, known or unknown, absolute or contingent, accrued or unaccrued, matured or unmatured or otherwise. 
 “License Agreement” means, the License Agreement by and between Seller and certain of its Affiliates on one hand and Buyer on the other hand to be entered into as of the Closing.

 “Licensed Intellectual Property” means the Intellectual Property and Technology set forth in Schedule 1 of
the License Agreement. 
 “Losses” means losses, damages, liabilities, deficiencies, judgments, interest,
awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys’ fees and the cost of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers; provided,
however, that “Losses” shall not include punitive or exemplary damages, except in the case of fraud or to the extent actually awarded to a Governmental Authority or other third party. 

“Material Adverse Effect” means any event, occurrence, fact, condition or change that is, or could reasonably be
expected to become, individually or in the aggregate, materially adverse to (a) the business, results of operations or financial condition of the Business, (b) the value of the Purchased Assets, or (c) the ability of Seller to
consummate the transactions contemplated hereby on a timely basis; provided, however, that “ Adverse Effect” shall not include any event, occurrence, fact, condition, or change, directly or indirectly, arising out of or attributable
to: (i) any changes, conditions or effects in the United States or foreign economies or securities or financial markets in general; (ii) changes, conditions or effects that generally affect the industries in which the Business operates;
(iii) conditions caused by acts of terrorism or war (whether or not declared); provided further, however, that any event, occurrence, fact, condition, or change referred to in clauses (i), (ii) or (iii) immediately above shall
be taken into account in determining whether a Material Adverse Effect has occurred or could reasonably be expected to occur to the extent that such event, occurrence, fact, condition, or change has a disproportionate effect on the Business compared
to other participants in the industries in which the Business operates. 

  
 8 

 “Material Customers” has the meaning set forth in
Section 3.13(a). 
 “Material Suppliers” has the meaning set forth in
Section 3.13(b). 
 “Money Laundering Laws” has the meaning set forth in
Section 3.13(b). 
 “Note” means the Promissory Note to be executed and delivered by Photop and
Parent as provided for in Section 2.05(b), in the form attached hereto as Exhibit F. 

“Permits” means all permits, licenses, franchises, approvals, authorizations, registrations, certificates,
variances and similar rights obtained from Governmental Authorities held by Seller for the purpose of operating the Santa Rosa Business. 
 “Permitted Encumbrances” has the meaning set forth in Section 3.08. 
 “Person” means an individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization, trust, association or other
entity. 
 “Photop” means Photop Koncent, Inc., a corporation organized under the laws of the Peoples Republic
of China and a wholly owned indirect subsidiary of Buyer. 
 “Pre-Closing Tax Period” means any taxable
period ending on or before the Closing Date and, with respect to any taxable period beginning before and ending after the Closing Date, the portion of such taxable period ending on and including the Closing Date. 

“Prepayments” means any prepaid expenses, credits, advance payments, security deposits and other deposits. 

“Post-Closing Tax Period” means any taxable period beginning after the Closing Date and, with respect to any taxable
period beginning before and ending after the Closing Date, the portion of such taxable period beginning after the Closing Date. 

  
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 “Purchase Price” has the meaning set forth in
Section 2.05. 
 “Purchased Assets” has the meaning set forth in Section 2.01.

 “Related Party” has the meaning set forth in Section 3.13(b). 

“Release” means any actual or threatened release, spilling, leaking, pumping, pouring, emitting, emptying,
discharging, injecting, escaping, leaching, dumping, abandonment, disposing or allowing to escape or migrate into or through the environment (including, without limitation, ambient air (indoor or outdoor), surface water, groundwater, land surface or
subsurface strata or within any building, structure, facility or fixture) in violation of Environmental Law. 

“Representative” means, with respect to any Person, any and all directors, officers, employees, consultants,
financial advisors, counsel, accountants and other agents of such Person. 
 “Restricted Business” means
(a) manufacturing, marketing and selling thin film filter optical products used for optical communications, life sciences, healthcare and industrial applications, and (b) developing, marketing and selling interleavers for optical
communications. 
 “Restricted Period” has the meaning set forth in Section 5.04(a).

 “Santa Rosa Business” has the meaning set forth in the Recitals. 

“Seller” has the meaning set forth in the preamble. 

“Seller Basket Exclusions” has the meaning set forth in Section 6.04(b) 

“Seller Indemnitees” has the meaning set forth in Section 6.03. 

“Straddle Period” has the meaning set forth in Section 5.09(b). 

“Subsidiary” means, with respect to any Person, any other Person that is an entity, whether incorporated or
unincorporated, at least a majority of the securities or other interests of which having by their terms ordinary voting power to elect a majority of the board of directors or others performing similar functions with respect to such other Person that
is an entity is directly or indirectly owned or controlled by such Person or by any one or more of its Subsidiaries, or by such Person and one or more of its Subsidiaries, or of which such Person or any one of its Subsidiaries is the managing member
or general partner. 

  
 10 

 “Tangible Personal Property” means all furniture, fixtures, equipment,
machinery, tools, vehicles, office equipment, supplies, computers, telephones and other tangible personal property : (a) located at Seller’s Santa Rosa facility; (b) of Seller located at Photop’s facility in Fuzhou, China related
to and currently used in the Interleaver Business; and (c) owned by Seller and related to the Business that is located with customers, vendors and other contract manufacturers of the Business; including the tangible personal property set forth
in Section 1.3 of the Disclosure Schedules. 
 “Tax Clearance Certificate” has the meaning set forth in
Section 3.13(b). 
 “Taxes” means all federal, state, local, foreign and other income, gross
receipts, sales, use, production, ad valorem, transfer, documentary, franchise, registration, profits, license, lease, service, service use, withholding, payroll, employment, unemployment, estimated, excise, severance, environmental, stamp,
occupation, premium, property (real or personal), real property gains, windfall profits, customs, duties or other taxes, fees, assessments or charges of any kind whatsoever, together with any interest, additions or penalties with respect thereto and
any interest in respect of such additions or penalties. 
 “Tax Return” means any return, declaration,
report, claim for refund, information return or statement or other document relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof. 

“Technology” means all inventions, works, discoveries, innovations, know-how, information (including ideas, research and
development, know-how, formulas, compositions, processes and techniques, data, designs, drawings, specifications, customer and supplier lists, pricing and cost information, business and marketing plans and proposals, documentation and manuals),
computer software, firmware, computer hardware, integrated circuits and integrated circuit masks, electronic, electrical and mechanical equipment and all other forms of technology, including improvements, modifications, works in process, derivatives
or changes, whether tangible or intangible, embodied in any form, whether or not protectable or protected by patent, copyright, mask work right, trade secret law or otherwise, and all documents and other materials recording any of the foregoing.

 “Territory” means anywhere in the world. 

“Third Party Claim” has the meaning set forth in Section 6.05(a). 

  
 11 

 “Transaction Documents” means this Agreement, the Escrow Agreement,
the Bill of Sale, the Assignment and Assumption Agreement, the Intellectual Property Assignments, the Assignment and Assumption of Lease, the License Agreement, Transition Services Agreement, and the other agreements, instruments and documents
required to be delivered at the Closing, but excluding any Supply Agreement(s). 
 “Transferring Employees” has
the meaning set forth in Section 3.13(b). 
 “Transition Services Agreement” has the meaning set
forth in Section 2.09(a)(vi). 
 “Union” has the meaning set forth in
Section 3.18(b). 
 “U.S. Export Controls” has the meaning set forth in
Section 3.20(d). 
 “WARN Act” means the federal Worker Adjustment and Retraining Notification
Act of 1988, and similar state, local and foreign laws related to plant closings, relocations, mass layoffs and employment losses. 
 ARTICLE II 
 PURCHASE AND
SALE 
 Section 2.01 Purchase and Sale of Assets. Subject to the terms and conditions set forth
herein, at the Closing, Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase from Seller, free and clear of any Encumbrances other than Permitted Encumbrances, all of Seller’s right, title and interest in,
to and under all of the following assets, properties and rights (collectively, the “Purchased Assets”): 
 (a)
Inventory; 
 (b) Assigned Contracts; 
 (c) Intellectual Property Assets; 
 (d) Tangible Personal Property; 

(e) Leased Real Property; 
 (f) Prepayments; 
 (g) Permits, including Environmental Permits, which are
transferrable to Buyer; 
 (h) other than the Excluded Warranties, all claims, guaranties, warranties, rights of indemnity and
other rights of recovery and other Actions against third parties with respect to the Business, the Purchased Assets or the Assumed Liabilities, whether arising by way of counterclaim or otherwise; 

  
 12 

 (i) all Books and Records; 

(j) to the extent transferrable, all telephone numbers and facsimile numbers for the Business and all white and yellow page listings for
the Business; 
 (k) all models (whether tangible or digital), prototypes and test devices embodying any of the Intellectual
Property Assets; and 
 (l) all goodwill and the going concern value of the Business. 

Section 2.02 Excluded Assets. Notwithstanding the foregoing, the Purchased Assets shall not include the following assets
(collectively, the “Excluded Assets”): 
 (a) Seller’s bank accounts, cash transfer accounts and any cash,
cash equivalents, cash reserves or securities of Seller; 
 (b) all Accounts Receivable; 

(c) Contracts of Seller that are not Assigned Contracts (the “Excluded Contracts”); 

(d) All Intellectual Property and Technology of Seller that is not an Intellectual Property Asset; 

(e) the corporate seals, organizational documents, minute books, stock books, Tax Returns, books of account or other records having to do
with the corporate organization of Seller or any of its Affiliates; 
 (f) all Benefit Plans and assets attributable thereto;

 (g) all claims, guaranties, warranties, rights of indemnity and other rights of recovery and other Actions against third
parties (i) only to the extent that Seller may assert against such third party to offset its indemnification obligations under Section 6.02 or (ii) with respect to the other Excluded Assets or Excluded Liabilities
(collectively, the “Excluded Warranties”); 
 (h) all insurance policies of the Company and all rights to
applicable claims and proceeds thereunder; 
 (i) all claims for refunds or prepayments of Taxes or other governmental charges
of whatever nature for all periods prior to the Closing; 
 (j) the personnel files and other records with respect to
Seller’s employment of the Eligible Employees 
 (k) the assets, properties and rights specifically set forth on
Section 2.02(k) of the Disclosure Schedules; 
 (l) the rights which accrue or will accrue to Seller under the
Transaction Documents; and 
 (m) any other assets of Seller or its Affiliates not identified in Section 2.01.

  
 13 

 Section 2.03 Assumed Liabilities. Subject to the terms and conditions set forth
herein, Buyer shall assume and agree to pay, perform and discharge only the following Liabilities of Seller (collectively, the “Assumed Liabilities”), and no other Liabilities: 

(a) all Liabilities arising after the Closing under the Assigned Contracts but only to the extent that such Liabilities thereunder do not
relate to any failure to perform, improper performance, warranty or other breach, default or violation by Seller on or prior to the Closing; 
 (b) all Liabilities arising from the conduct of the Business or the ownership of the Purchased Assets by Buyer following the Closing; 

(c) all Liabilities for the portion of any real or personal property Taxes or ad valorem Taxes payable with respect to the Purchased
Assets for any Post-Closing Tax Period (the “Assumed Tax Liabilities”); and 
 (d) all Liabilities of Buyer
incurred in accordance with this Agreement, including Liabilities for Taxes pursuant to Section 5.09. 

Section 2.04 Excluded Liabilities. Notwithstanding the provisions of this Agreement to the contrary, Buyer shall not assume
and shall not be responsible to pay, perform or discharge any Liabilities of Seller or any of its Affiliates of any kind or nature whatsoever other than the Assumed Liabilities (the “Excluded Liabilities”). Seller shall, and shall
cause each of its Affiliates to, pay and satisfy in due course all Excluded Liabilities which they are obligated to pay and satisfy. Without limiting the generality of the foregoing, the Excluded Liabilities shall include, but not be limited to, the
following: 
 (a) any Liabilities of Seller arising or incurred in connection with the transactions contemplated hereby
including, without limitation, fees and expenses of counsel, accountants, consultants, advisers and others; 
 (b) except
(i) for the Assumed Tax Liabilities, and (ii) as set forth in Section 5.09, any Liability for Taxes of Seller (or any Affiliate of Seller); 
 (c) all Liabilities arising from the conduct of the Business or the ownership of the Purchased Assets by Buyer on and prior to the Closing Date including, without limitation, all Liabilities associated
with administering and honoring all repair and replacement warranties, returns and similar obligations related to the products and services of the Business sold on or prior to the Closing Date or such services were provided on or prior to the
Closing Date; provided that, with respect to products sold or services performed prior to the Closing, Buyer will administer and honor all such warranties, returns and similar obligations on Seller’s behalf and Seller shall pay to Buyer
an amount equal to Buyer’s direct expenses incurred in connection with administering and honoring such obligations, plus 10% of such expenses, within 30 days of Seller’s receipt of documentation evidencing such expenses, provided,
further, that Seller shall have no such payment obligation if the warranty, return or similar obligation arose as a result of a workmanship defect for which Photop was responsible or was otherwise subject to a Photop warranty; 

  
 14 

 (d) any Liabilities relating to or arising out of the Excluded Assets; 

(e) any Liabilities in respect of any pending or threatened Action arising out of, relating to or otherwise in respect of the operation
of the Business or the Purchased Assets on or prior to the Closing Date; 
 (f) any Liabilities for injury to a Person or
property, to the extent arising out of or relating to facts, circumstances or conditions existing on or prior to the Closing, which is based upon the improper performance or malfunctioning of a product, improper design or manufacture, failure to
adequately package, label or warn of hazards or other related product defects of any products manufactured or sold by or on behalf of Seller prior to the Closing or any service performed by or on behalf of Seller prior to the Closing; 

(g) any Liabilities of Seller arising under or in connection with any Benefit Plan providing benefits to any present or former employee
of Seller; 
 (h) any Liabilities of Seller for any present or former employees, officers, directors, retirees, independent
contractors or consultants of Seller, including, without limitation, any Liabilities associated with any claims for wages or other benefits, bonuses, accrued vacation, workers’ compensation, severance, retention, termination or other payments;

 (i) any Environmental Claims, or Liabilities under Environmental Laws, to the extent arising out of or relating to facts,
circumstances or conditions existing on or prior to the Closing; 
 (j) any trade accounts payable of Seller; 

(k) any Liabilities to indemnify, reimburse or advance amounts to any present or former officer, director, employee or agent of Seller
including, with respect to any breach of fiduciary obligations; 
 (l) any Liabilities under the Excluded Contracts; 

(m) all Liabilities under Assigned Contracts that are not Assumed Liabilities; 

(n) any Liabilities associated with debt, loans or credit facilities of Seller and/or the Business; 

(o) any Liabilities arising out of, in respect of or in connection with the failure by Seller or any of its Affiliates to comply with any
Law or Governmental Order. 

  
 15 

 Section 2.05 Purchase Price. The aggregate purchase price for the Purchased
Assets shall be Twenty Seven Million Dollars ($27,000,000), plus the assumption of the Assumed Liabilities. The Purchase Price shall be paid as follows: 
 (a) The sum of Twenty Three Million Dollars ($23,000,000) shall be paid by Photop Technologies, Inc. by wire transfer of immediately available funds to an account designated in writing by Seller to Buyer
at Closing; 
 (b) Parent shall or shall cause Photop Koncent, Inc. (Fuzhou) to pay the sum of Three Million Dollars
($3,000,000) by wire transfer of immediately available funds to an account designated in writing by Seller to Buyer, or by delivery of the Note on or before December 28, 2012; and 

(c) On or before January 15, 2013, Parent shall or shall cause one of its Subsidiaries to deposit the Escrow Amount by wire transfer
of immediately available funds into an account designated by the Escrow Agent to be held and distributed in accordance with the terms of the Escrow Agreement to satisfy any and all claims made by Buyer or any other Buyer Indemnitee against Seller
pursuant to Article VI. 
 Section 2.06 Allocation of Purchase Price. Within 90 days following the Closing,
Buyer and Seller shall mutually agree to and prepare a schedule allocating for all purposes (including Tax and financial accounting) the Purchase Price and the Assumed Liabilities in accordance with Section 1060 of the Code and Treasury
regulations promulgated thereunder (the “Allocation Schedule”). The parties agree that the Purchase Price and the Assumed Liabilities (plus other relevant items) shall be allocated among the Purchased Assets in accordance with the
Allocation Schedule and the parties shall report, act and file Tax Returns (including to Internal Revenue Service Form 8594) in all respects and for all purposes consistent with the Allocation Schedule. None of the parties hereto shall take any
position (whether in audits, Tax Returns or otherwise) that is inconsistent with such allocation unless required to do so by applicable Law. 
 Section 2.07 Third Party Consents. To the extent that Seller’s rights under any Contract or Permit constituting a Purchased Asset, or any other Purchased Asset, may not be assigned to
Buyer without the consent of another Person which has not been obtained, this Agreement shall not constitute an agreement to assign the same if an attempted assignment would constitute a breach thereof or be unlawful, and Seller, at its expense,
shall use reasonable best efforts to obtain any such required consent(s) as promptly as possible. If any such consent shall not be obtained or if any attempted assignment would be ineffective or would impair Buyer’s rights under the Purchased
Asset in question so that Buyer would not in effect acquire the benefit of all such rights, Seller shall, to the maximum extent permitted by law and the Purchased Asset, (i) act after the Closing as Buyer’s agent in order to obtain for it
the benefits thereunder; and (ii) cooperate with Buyer in any other reasonable arrangement designed to provide such benefits to Buyer; provided, that to the extent such benefit are provided to Buyer, Buyer shall be responsible for
all corresponding Liabilities arising after the Closing but only to the extent that such Liabilities thereunder do not relate to any failure to perform, improper performance, warranty or other breach, default or violation by Seller on or prior to
the Closing. 

  
 16 

 Section 2.08 Closing. Subject to the terms and conditions of this Agreement, the
consummation of the transactions contemplated by this Agreement (the “Closing”) shall take place at the offices of Jones Day, 3161 Michelson Drive, Suite 800, Irvine CA 92610, at 10:00 a.m. Pacific time, on December 3, 2012, or
at such other time, date or place as Seller and Buyer may mutually agree in writing. The date on which the Closing actually occurs is herein referred to as the “Closing Date”. 

Section 2.09 Deliverables. 
 (a) At the Closing, Seller shall deliver to Buyer the following: 
 (i) the Escrow
Agreement duly executed by Seller; 
 (ii) bills of sale in the form of Exhibit B hereto (the “Bills of Sale”),
and duly executed by Seller, transferring the tangible assets included in the Purchased Assets to Buyer; 
 (iii) an assignment
and assumption agreement in the form of Exhibit C hereto (the “Assignment and Assumption Agreement”), and duly executed by Seller, effecting the assignment to and assumption by Buyer of the Purchased Assets and the Assumed
Liabilities; 
 (iv) one or more assignment(s) in the form of Exhibit D hereto (the “Intellectual Property
Assignments”), and duly executed by Seller, transferring all of Seller’s right, title and interest in and to the Intellectual Property Assets to Buyer; 
 (v) with respect to each Lease, an Assignment and Assumption of Lease in the form of Exhibit E hereto (each, an “Assignment and Assumption of Lease”) and duly executed by Seller;

 (vi) A transition services agreement in the form of Exhibit G hereto (the “Transition Services Agreement”)
and duly executed by Seller; 
 (vii) such other customary instruments of transfer, assumption, filings or documents, in form
and substance reasonably satisfactory to Buyer, as may reasonably be required to give effect to this Agreement; 
 (viii) copies
of pay-off letters, releases, lien discharges and any other documents reasonably requested by, and in form reasonably satisfactory to Buyer, including UCC-3 partial releases, reflecting releases of any Encumbrances (other than Permitted
Encumbrances) securing and Purchased Assets; 

  
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 (ix) a certificate of the Secretary or an Assistant Secretary (or equivalent officer) of
Seller certifying (A) that attached thereto are true and complete copies of all resolutions adopted by the board of directors of Seller authorizing the execution, delivery and performance of this Agreement and the other Transaction Documents
and the consummation of the transactions contemplated hereby and thereby, and that all such resolutions are in full force, and (B) the names and signatures of the officers of Seller authorized to sign this Agreement, the Transaction Documents
and the other documents to be delivered hereunder and thereunder; 
 (x) a certificate of good standing dated as of a date
within thirty (30) days of the Closing Date and issued by the Secretary of State or other appropriate Governmental Authority of the state in which such Seller was incorporated or formed; and 

(xi) the License Agreement duly executed by Seller. 
 (b) At the Closing, Parent and Buyer shall deliver to Seller the following: 
 (i)
Twenty-Three Million Dollars ($23,000,000); 
 (ii) the Escrow Agreement duly executed by Buyer; 

(iii) the Assignment and Assumption Agreement duly executed by Buyer; 

(iv) with respect to each Lease, an Assignment and Assumption of Lease duly executed by Buyer; 

(v) the Transition Services Agreement, duly executed by Buyer; 
 (vi) a certificate of the Secretary or an Assistant Secretary (or equivalent officer) of Buyer certifying (A) that attached thereto are true and complete copies of all resolutions adopted by the
board of directors of Buyer authorizing the execution, delivery and performance of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby, and that all such resolutions are in full
force, and (B) the names and signatures of the officers of Buyer authorized to sign this Agreement, the Transaction Documents and the other documents to be delivered hereunder and thereunder; 

(vii) such other customary instruments of transfer, assumption, filings or documents, in form and substance reasonably satisfactory to
Seller, as may reasonably be required to give effect to this Agreement; and 
 (viii) the License Agreement duly executed by
Buyer. 
 (c) On or prior to January 15, 2013, Buyer shall deliver the Escrow Amount to the Escrow Agent pursuant to the
Escrow Agreement. 

  
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 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES OF SELLER 
 Except as set forth in the Disclosure Schedule (it being understood that the Disclosure Schedule shall be arranged in sections corresponding to the sections contained in this Agreement, and the
disclosures in any section of the Disclosure Schedule shall qualify the representations in the corresponding section of this Article III and shall be deemed made in any other section or sections of the Disclosure Schedule only to the extent
the relevance of such disclosures is reasonably apparent from the text of such disclosure), Seller represents and warrants to Buyer that the statements contained in this Article III are true and correct as of the date hereof and as of the
Closing (except to the extent that such representations and warranties are expressly relate to a specific date, in which case, such representations and warranties are true and correct as of such date). 

Section 3.01 Organization and Qualification of Seller. Seller is a corporation duly organized, validly existing and in good
standing under the Laws of the state of Delaware and has full corporate power and authority to own, operate or lease the Purchased Assets and to carry on the Business as currently conducted. Seller is duly licensed or qualified to do business and is
in good standing in each jurisdiction in which the ownership of the Purchased Assets or the operation of the Business as currently conducted makes such licensing or qualification necessary, except where the failure to be so licensed or qualified or
in good standing would not have an adverse effect on the Business as currently conducted. 
 Section 3.02 Authority of
Seller. Seller has full corporate power and authority to enter into this Agreement and the other Transaction Documents to which Seller is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions
contemplated hereby and thereby. The execution and delivery by Seller of this Agreement and any other Transaction Document to which Seller is a party, the performance by Seller of its obligations hereunder and thereunder and the consummation by
Seller of the transactions contemplated hereby and thereby have been duly authorized by all requisite corporate action on the part of Seller. This Agreement has been duly executed and delivered by Seller, and (assuming due authorization, execution
and delivery by Buyer) this Agreement constitutes a legal, valid and binding obligation of Seller enforceable against Seller in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium and other Laws affecting creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by applicable Law. When each other Transaction Document to which Seller is or will be a party has been
duly executed and delivered by Seller (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute a legal and binding obligation of Seller enforceable against it in accordance with its
terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other Laws affecting creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by
applicable Law. 

  
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 Section 3.03 No Conflicts; Consents. The execution, delivery and performance by
Seller of this Agreement and the other Transaction Documents to which it is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not: (a) conflict with or result in a violation or breach of, or
default under, any provision of the certificate of incorporation, by-laws or other organizational documents of Seller; (b) conflict with or result in a violation or breach of any provision of any Law or Governmental Order applicable to Seller,
the Business or the Purchased Assets, which would result in a Liability of Buyer; (c) except as set forth on Section 3.03 of the Disclosure Schedule, require the consent, notice or other action by any Person under, result in a
violation or breach of, constitute a default or an event that, with or without notice or lapse of time or both, would constitute a default under, result in the acceleration of or create in any party the right to accelerate, terminate, modify or
cancel any Assigned Contract or Permit to which Seller is a party or by which Seller or the Business is bound or to which any of the Purchased Assets are subject; or (d) result in the creation or imposition of any Encumbrance other than
Permitted Encumbrances on the Purchased Assets. Except as set forth on Section 3.03 of the Disclosure Schedule, no consent, approval, Permit, Governmental Order, declaration or filing with, or notice to, any Governmental Authority is
required by or with respect to Seller in connection with the execution and delivery of this Agreement or any of the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby. 

Section 3.04 Financial Statements; Books and Records. 

(a) Complete copies of the unaudited financial statements consisting of the balance sheet of the Business (the “Balance
Sheet”) as of September 30, 2012 (the “Balance Sheet Date”) and the related income statement for the three month period then ended (the “Financial Statements”) are included in the Disclosure Schedules.
The Financial Statements are based on the Books and Records of the Business, and fairly present the financial condition of the Business as of the respective dates they were prepared and the results of the operations of the Business for the periods
indicated. Seller maintains a standard system of accounting for the Business established and administered in accordance with GAAP. 
 (b) The Books and Records of Seller are complete and correct in all material respects, reflect all transactions affecting the Seller with respect to the Business and the Purchased Assets, and have been
consistently kept and maintained in accordance with sound business practices. 

  
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 Section 3.05 Undisclosed Liabilities. Seller has no Liabilities with respect to
the Business, except (a) those which are adequately reflected or reserved against in the Balance Sheet as of the Balance Sheet Date, and (b) those which have been incurred in the ordinary course of business consistent with past practice
since the Balance Sheet Date and which are not, individually or in the aggregate, material in amount. 
 Section 3.06
Absence of Certain Changes, Events and Conditions. Since the Balance Sheet Date, and other than in the ordinary course of business consistent with past practice, there has not been any: 

(a) event, occurrence or development that has had, or could reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect; 
 (b) material change in any method of accounting or accounting practice for the Business, except as required
by GAAP; 
 (c) material change in inventory control procedures, prepayment of expenses, payment of trade accounts payable,
accrual of other expenses, and acceptance of customer deposits, cash management practices and policies, practices and procedures with respect to collection of Accounts Receivable, establishment of reserves for uncollectible Accounts Receivable,
accrual of Accounts Receivable, in each case, with respect to the Business; 
 (d) relocation, transfer, assignment, sale or
other disposition of any of the Purchased Assets, except for the sale of Inventory in the ordinary course of business; 
 (e)
transfer, assignment or grant of any license or sublicense of any rights under or with respect to any Intellectual Property Assets or Intellectual Property Licenses; 
 (f) material damage, destruction or loss, or any material interruption in use, of any Purchased Assets, whether or not covered by insurance; 

(g) purchase, lease or other acquisition of the right to own, use or lease any property or assets in connection with the Business for an
amount in excess of $25,000, individually (in the case of a lease, per annum) or $100,000 in the aggregate (in the case of a lease, for the entire term of the lease, not including any option term), except for purchases of Inventory or supplies in
the ordinary course of business consistent with past practice; 
 (h) (i) grant of any bonuses, whether monetary or otherwise,
or increase in any wages, salary, severance, pension or other compensation or benefits in respect of any employees, officers, directors, independent contractors or consultants of the Business, other than as provided for in any written agreements or
required by applicable Law, (ii) change in the terms of employment for any employee of the Business or any termination of any employees for which the aggregate costs and expenses exceed $25,000, or (iii) action to accelerate the vesting or
payment of any compensation or benefit for any employee, officer, director, consultant or independent contractor of the Business; 

  
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 (i) adoption, modification or termination of any: (i) employment, severance, retention
or other agreement with any current or former employee, officer, director, independent contractor or consultant of the Business, (ii) Benefit Plan, or (iii) collective bargaining or other agreement with a Union, in each case whether
written or oral; and 
 (j) entry into any Contract to do any of the foregoing. 

Section 3.07 Assigned Contracts. 
 (a) The Assigned Contracts constitute all of the Contracts that are material to the Purchased Assets or the operation of the Business. 

(b) Each Assigned Contract is in full force and effect and is valid and binding on Seller in accordance with its terms, except as
enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other Laws affecting creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by applicable Law. None
of Seller or, to Seller’s Knowledge, any other party thereto is in breach of or default under (or is alleged to be in breach of or default under), or has provided or received any notice of any intention to terminate, any Assigned Contract. No
event or circumstance has occurred that, with notice or lapse of time or both, would constitute an event of default under any Assigned Contract or result in a termination thereof or would cause or permit the acceleration or other changes of any
right or obligation or the loss of any benefit thereunder. Complete and correct copies of each Assigned Contract (including all modifications, amendments and supplements thereto and waivers thereunder) have been made available to Buyer. There are no
disputes pending or threatened under any Assigned Contract. 
 Section 3.08 Title to Purchased Assets. Seller has
good and valid title to, or a valid leasehold interest in or license to, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as
“Permitted Encumbrances”): 
 (a) those items set forth in Section 3.08 of the Disclosure Schedules;

 (b) liens for Taxes not yet due and payable or being contested in good faith by appropriate procedures and for which there
are adequate accruals or reserves on the Balance Sheet; 
 (c) mechanics’, carriers’, workmen’s, repairmen’s
or other like liens arising or incurred in the ordinary course of business consistent with past practice or amounts that are not delinquent and which are not, individually or in the aggregate, material to the Business or the Purchased Assets;

  
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 (d) easements, rights of way, zoning ordinances and other similar encumbrances affecting the
Leased Real Property which are not, individually or in the aggregate, material to the Business or the Purchased Assets, which do not prohibit or interfere with the current operation of any Leased Real Property; or 

(e) liens arising under original purchase price conditional sales contracts and equipment leases with third parties entered into in the
ordinary course of business consistent with past practice which are not, individually or in the aggregate, material to the Business or the Purchased Assets. 
 Section 3.09 Condition and Sufficiency of Assets. Except as set forth in Section 3.09 of the Disclosure Schedules, each item of Tangible Personal Property included in the Purchased
Assets is structurally sound, is in good operating condition and repair, subject to normal wear and tear, and is adequate for the uses to which it is being put, and none of such Tangible Personal Property is in need of maintenance or repairs except
for ordinary, routine maintenance and repairs that are not material in nature or cost. Except as set forth in Section 3.09 of the Disclosure Schedules, to the Knowledge of Seller, the Purchased Assets are sufficient for the conduct of
the Business as currently conducted. 
 Section 3.10 Real Property 

(a) Seller does not own any real property used in the Business. 
 (b) Section 3.10(a) of the Disclosure Schedules sets forth each parcel of real property leased by Seller and used in the conduct of the Business as currently conducted (together with all
rights, title and interest of Seller in and to leasehold improvements relating thereto, including, but not limited to, security deposits, reserves or prepaid rents paid in connection therewith, collectively, the “Leased Real
Property”), and a true and complete list of all leases, subleases, licenses, concessions and other agreements (whether written or oral), including all amendments, extensions renewals, guaranties and other agreements with respect thereto,
pursuant to which Seller holds any Leased Real Property (collectively, the “Leases”). Seller has delivered to Buyer a true and complete copy of each Lease. With respect to each Lease: 

(i) such Lease is valid, binding, enforceable and in full force and effect, except as enforcement may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium and other Laws affecting creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by applicable Law and Seller enjoys peaceful and undisturbed possession of
the Leased Real Property; 
 (ii) Seller is not in breach or default under any such Lease, and no event has occurred or
circumstance exists which, with the delivery of notice, passage of time or both, would constitute such a breach or default, and Seller has paid all rent due and payable under any such Lease; 

  
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 (iii) Seller has not received nor given any notice of any default or event that with notice
or lapse of time, or both, would constitute a default by Seller under any of the Leases and, to the Knowledge of Seller, no other party is in default thereof, and no party to any Lease has exercised any termination rights with respect thereto;

 (iv) Seller has not subleased, assigned or otherwise granted to any Person the right to use or occupy such Leased Real
Property or any portion thereof and 
 (v) Seller has not pledged, mortgaged or otherwise granted an Encumbrance on its
leasehold interest in any Leased Real Property. 
 (c) Seller has not received any written notice of (i) violations of
building codes and/or zoning ordinances or other Laws affecting the Leased Real Property, (ii) existing, pending or threatened condemnation proceedings affecting the Leased Real Property, or (iii) existing, pending or threatened zoning,
building code or other moratorium proceedings, or similar matters which could reasonably be expected to adversely affect in any material respect the ability to operate the Leased Real Property as currently operated. Neither the whole nor any portion
of any Leased Real Property has been damaged or destroyed by fire or other casualty. 
 Section 3.11 Intellectual
Property. 
 (a) Section 2.01(c) of the Disclosure Schedule lists all Intellectual Property Assets. All required
filings and fees related to the Intellectual Property Registrations due to be filed or paid before the date hereof have been timely filed with and paid to the relevant Governmental Authorities and authorized registrars, and all Intellectual Property
Registrations are otherwise active and subsisting. Seller has made available to Buyer true and complete copies of its legal department’s internal file history related to all Intellectual Property Registrations to the extent such materials are
not publicly available. 
 (b) Except as disclosed on Section 3.11(b) of the Disclosure Schedules, Seller owns
solely all right, title and interest in and to the Intellectual Property Assets, free and clear of Encumbrances, except Permitted Encumbrances. Without limiting the generality of the foregoing, Seller has entered into binding, written agreements
with every current and former employee and independent contractor of Seller involved in the creation, invention or discovery of any of the Intellectual Property Assets, whereby such employees and independent contractors either (i) assign or are
obligated to assign to Seller any ownership interest and right they may have in the Intellectual Property Assets; or (ii) otherwise acknowledge Seller’s ownership of all Intellectual Property Assets as work made for hire or otherwise.
Seller has made available to Buyer true and complete copies of all such agreements. 
 (c) Section 2.01(b) of the
Disclosure Schedule of the Disclosure Schedules lists all Intellectual Property Licenses. Seller has provided Buyer with true and complete copies of all such Intellectual Property Licenses. 

  
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 (d) To Seller’s Knowledge, the conduct of the Business as currently conducted does not
and as formerly conducted by Seller in the five years preceding the date hereof has not infringe(d), violate(d) or misappropriate(d) the Intellectual Property of any Person. Seller has not received any written communication, and, to Seller’s
Knowledge, no Action has been instituted, settled or threatened that alleges any such infringement, violation or misappropriation, and none of the Intellectual Property Assets are subject to any outstanding Governmental Order other than those that
are part of the file histories of the Intellectual Property Registrations. 
 (e) Section 3.11(e) of the Disclosure
Schedules lists all licenses, sublicenses and other agreements pursuant to which Seller grants rights or authority to any Person with respect to any Intellectual Property Assets or Intellectual Property Licenses. Except as described
Section 3.11(e) of the Disclosure Schedules no Person other than Seller has any rights or authority with respect to any Intellectual Property Assets or Licensed Intellectual Property. Seller has provided Buyer with true and complete
copies of all such agreements. All such agreements are valid, binding and enforceable between Seller and the other parties thereto (except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other Laws
affecting creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by applicable Law), and Seller and such other parties are in full compliance with the terms and conditions of such agreements.

 (f) To Seller’s Knowledge, no Person is infringing, violating or misappropriating, any Intellectual Property Assets or
Licensed Intellectual Property. 
 (g) The Intellectual Property Assets together with the Licensed Intellectual Property
includes all of the Intellectual Property that is owned by or licensed to the Seller and that is used in the operation of the Business as currently conducted. 
 (h) Notwithstanding any possible interpretation of any other provision of this Article III, only the provisions this Section 3.11 shall apply to matters concerning Intellectual Property
or Technology. 
 Section 3.12 Inventory. All Inventory, whether or not reflected in the Balance Sheet, consists of
a quality and quantity usable and salable in the ordinary course of business consistent with past practice, except for obsolete, damaged, defective or slow-moving items that have been written off or written down to fair market value or for which
adequate reserves have been established. All Inventory is owned by Seller free and clear of all Encumbrances (other than Permitted Encumbrances), and no Inventory is held on a consignment basis. 

  
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 Section 3.13 Customers and Suppliers. 

(a) Section 3.13(a) of the Disclosure Schedules sets forth with respect to the Business (i) each customer who has paid
aggregate consideration to Seller for goods or services rendered in an amount greater than or equal to $50,000 for each of the two most recent fiscal years (collectively, the “Material Customers”); and (ii) the amount of consideration
paid by each Material Customer during such periods. Seller has not received any notice, and does not otherwise have any Knowledge, that any of the Material Customers has ceased, or intends to cease after the Closing, to use the goods or services of
the Business or to otherwise terminate or materially reduce its relationship with the Business. 
 (b)
Section 3.13(b) of the Disclosure Schedules sets forth with respect to the Business (i) each supplier to whom Seller has paid consideration for goods or services rendered in an amount greater than or equal to $25,000 for the most
recent fiscal year (collectively, the “Material Suppliers”); and (ii) the amount of purchases from each Material Supplier during such period. Seller has not received any notice, and does not otherwise have any Knowledge, that
any of the Material Suppliers has ceased, or intends to cease, to supply goods or services to the Business or to otherwise terminate or materially reduce its relationship with the Business. 

(c) Seller has not received any advance payments or deposits from any customer in consideration to Seller for the future provision of
goods or services. 
 Section 3.14 Legal Proceedings; Governmental Orders. 

(a) There are no Actions pending or, to Seller’s Knowledge, threatened against or by Seller (a) relating to or affecting the
Business, the Purchased Assets or the Assumed Liabilities; or (b) that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. To Seller’s Knowledge, no event has occurred or circumstances
exist that may give rise to, or serve as a basis for, any such Action. 
 (b) There are no outstanding Governmental Orders and
no material unsatisfied judgments, penalties or awards against, relating to or affecting the Business. 
 Section 3.15
Compliance With Laws; Permits. 
 (a) Seller has complied, and is now complying, in all material respects, with all Laws
applicable to the conduct of the Business as currently conducted or the ownership and use of the Purchased Assets; provided, that this Section 3.15 shall not apply to compliance with Environmental Laws or the Laws described
in Section 3.20, which compliance is addressed in Section 3.16 and Section 3.20, respectively. 

  
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 (b) All Permits required for Seller to conduct the Business as currently conducted or for
the ownership and use of the Purchased Assets have been obtained by Seller and are valid and in full force and effect. All fees and charges with respect to such Permits as of the date hereof have been paid in full. Section 3.15(b) of the
Disclosure Schedules lists all current Permits issued to Seller which are related to the conduct of the Business as currently conducted or the ownership and use of the Purchased Assets, including the names of the Permits and their respective dates
of issuance and expiration. To the Knowledge of Seller, no event has occurred that, with or without notice or lapse of time or both, would reasonably be expected to result in the revocation, suspension, lapse or limitation of any Permit set forth in
Section 3.15(b) of the Disclosure Schedules. 
 Section 3.16 Environmental Matters. Except as identified
in Section 3.16 of the Disclosure Schedules or as would not be as Assumed Liability: 
 (a) The operations of Seller
with respect to the Business and the Purchased Assets are currently in compliance with all Environmental Laws. Seller has not received from any Person, with respect to the Business or the Purchased Assets, any: (i) Environmental Notice or
Environmental Claim; or (ii) written request for information pursuant to Environmental Law, which, in each case, either remains pending or unresolved, or is the source of ongoing obligations or requirements as of the Closing Date. 

(b) Seller has obtained and is in compliance with all Environmental Permits (each of which is disclosed in Section 3.16(b) of
the Disclosure Schedules) necessary for the conduct of the Business as currently conducted and the use of the Purchased Assets and all such Environmental Permits are in full force and effect. 

(c) To Seller’s Knowledge, none of the Leased Real Property is listed on, or has been proposed for listing on, the National
Priorities List (or CERCLIS) under CERCLA, or any similar state list. 
 (d) To Seller’s Knowledge, there has been no
Release of Hazardous Materials in contravention of Environmental Law with respect to the Leased Real Property, and Seller has not received an Environmental Notice that the Leased Real Property (including soils, groundwater, surface water, buildings
and other structure located thereon) has been contaminated with any Hazardous Material which could reasonably be expected to result in an Environmental Claim against, or a violation of Environmental Law or term of any Environmental Permit by,
Seller. 
 (e) Section 3.16(e) of the Disclosure Schedules contains a complete and accurate list of all active or
abandoned underground storage tanks owned or operated by Seller at the Leased Real Property. 
 (f) Seller has provided or
otherwise made available to Buyer any and all environmental reports, studies, audits, records, sampling data, site assessments, risk assessments, and other similar documents with respect to the Leased Real Property, which are in the possession of
Seller related to Environmental Claims or an Environmental Notice or the Release of Hazardous Materials. 

  
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 Section 3.17 Employee Benefit Matters. 

(a) Each Benefit Plan has been established, administered and maintained in material compliance with its terms and in material compliance
with all applicable Laws (including ERISA and the Code). 
 (b) Neither Seller nor any of its ERISA Affiliates has
(i) incurred or reasonably expects to incur, either directly or indirectly, any material Liability under Title IV of ERISA or related provisions of the Code or foreign Law relating to employee benefit plans; (ii) failed to timely pay
premiums to the Pension Benefit Guaranty Corporation; (iii) withdrawn from any Benefit Plan; or (iv) engaged in any transaction which would give rise to liability under Section 4069 or Section 4212(c) of ERISA. 

(c) With respect to each Benefit Plan (i) no such plan is a “multiple employer plan” within the meaning of
Section 413(c) of the Code or a “multiple employer welfare arrangement” (as defined in Section 3(40) of ERISA); and (ii) no Action has been initiated by the Pension Benefit Guaranty Corporation to terminate any such plan or
to appoint a trustee for any such plan. 
 (d) Other than as required under Section 601 et. seq. of ERISA or other
applicable Law, no Benefit Plan or other arrangement provides post-termination or retiree welfare benefits to any individual for any reason. 
 (e) Neither the execution of this Agreement nor any of the transactions contemplated by this Agreement will (either alone or upon the occurrence of any additional or subsequent events): (i) entitle
any current or former director, officer, employee, independent contractor or consultant of the Business to severance pay or any other payment that exceeds $100,000; (ii) accelerate the time of payment, funding or vesting, or increase the amount
of compensation due to any such individual; (iii) increase the amount payable under or result in any other material obligation pursuant to any Benefit Plan; or (iv) result in “excess parachute payments” within the meaning of
Section 280G(b) of the Code. 
 Section 3.18 Employment Matters. 

(a) Section 3.18(a) of the Disclosure Schedules contains a list of all persons who are employees of the Business as of the
date hereof, and sets forth for each such individual the following: (i) name, (ii) title or position (including whether full or part time); (iii) current annual base compensation rate; and (iv) commission, bonus or other
incentive-based compensation. As of the date hereof, all compensation, including wages, commissions and bonuses earned and payable to employees, independent contractors or consultants of the Business for services performed on or prior to the date
hereof have been paid in full and there are no outstanding agreements, understandings or commitments of Seller with respect to any compensation, commissions or bonuses. 

  
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 (b) Seller is not, and has not been for the past three years, a party to, bound by, or
negotiating any collective bargaining agreement or other Contract with a union, works council or labor organization (collectively, “Union”), and there is not, and has not been for the past three years to Seller’s Knowledge, any
Union representing or purporting to represent any employee of Seller, and to Seller’s Knowledge no Union or group of employees is seeking or has sought to organize employees for the purpose of collective bargaining. At any time during the past
three years there has not been, nor has there been any threat of to Seller’s Knowledge, any strike, slowdown, work stoppage, lockout, concerted refusal to work overtime or other similar labor disruption or dispute affecting Seller or any
employees of the Business. Seller has no duty to bargain with any Union. 
 (c) Seller is and has been in material compliance
with all applicable Laws pertaining to employment and employment practices to the extent they relate to employees of the Business, including all Laws relating to labor relations, equal employment opportunities, fair employment practices, employment
discrimination, harassment, retaliation, reasonable accommodation, disability rights or benefits, immigration, wages, hours, overtime compensation, child labor, hiring, promotion and termination of employees, working conditions, meal and break
periods, privacy, health and safety, workers’ compensation, leaves of absence and unemployment insurance. To Seller’s Knowledge, all individuals characterized and treated by Seller as consultants or independent contractors of the Business
are properly treated as independent contractors under all applicable Laws. To Seller’s Knowledge, all employees of the Business classified as exempt under the Fair Labor Standards Act and state and local wage and hour laws are properly
classified. There are no Actions against Seller pending, or to the Seller’s Knowledge, threatened to be brought or filed, by or with any Governmental Authority or arbitrator in connection with the employment of any current or former applicant,
employee, consultant, or independent contractor of the Business, including, without limitation, any claim relating to unfair labor practices, employment discrimination, harassment, retaliation, equal pay, wages and hours or any other employment
related matter arising under applicable Laws. 
 (d) With respect to the Business, Seller is in compliance with the WARN Act.

 Section 3.19 Taxes. 
 (a) All Tax Returns required to be filed by Seller for any Pre-Closing Tax Period have been, or will be, timely filed. Such Tax Returns are, or will be, true, complete and correct in all material
respects. All Taxes due and owing by Seller for any Pre-Closing Tax Period (whether or not shown on any Tax Return) have been, or will be, timely paid. 
 (b) Seller has withheld and paid each Tax required to have been withheld and paid in connection with amounts paid or owing to any Employee, independent contractor, creditor, customer, shareholder or other
party, and complied with all information reporting and backup withholding provisions of applicable Law. 

  
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 (c) No extensions or waivers of statutes of limitations have been given or requested with
respect to any Taxes of Seller. 
 (d) All deficiencies asserted, or assessments made, against Seller as a result of any
examinations by any taxing authority have been fully paid. 
 (e) Seller is not a party to any Action by any taxing authority
with respect to the Business. To the Knowledge of Seller, there are no pending or threatened Actions by any taxing authority with respect to the Business. 
 (f) There are no Encumbrances for Taxes upon any of the Purchased Assets nor, to the Knowledge of Seller, is any taxing authority in the process of imposing any Encumbrances for Taxes on any of the
Purchased Assets (other than for current Taxes not yet due and payable). 
 (g) Seller is not, and has not been, a party to, or
a promoter of, a “reportable transaction” within the meaning of Section 6707A(c)(1) of the Code and Treasury Regulations Section 1.6011 – 4(b). 
 Section 3.20 Trade Compliance Matters. 
 (a) To Seller’s
Knowledge, neither Seller nor any director, officer, agent, employee or other Person acting on behalf of any or all of them, has, in the course of its actions for, or on behalf of, the Business, (i) used any corporate funds for any unlawful
contribution, gift, entertainment or other unlawful expenses relating to political activity, (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds, (iii) violated
or is in violation of any provision of the U.S. Foreign Corrupt Practices Act of 1977, as amended, or (iv) made any unlawful bribe, rebate, payoff, influence payment, kickback or other unlawful payment to any foreign or domestic government
official or employee. 
 (b) To Seller’s Knowledge, the operations of the Seller in respect of the Business are and have
been conducted at all times in material compliance with applicable financial recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all jurisdictions, the
rules and regulations thereunder and any related or similar rules, regulations or guidelines, issued administered or enforced by any Governmental Authority (collectively, the “Money Laundering Laws”) and no action, suit or
proceeding by or before any court or Governmental Authority or any arbitrator involving the Business with respect to the Money Laundering Laws is pending or, to the Seller’s Knowledge, threatened. 

(c) To Seller’s Knowledge, Seller’s operation of the Business is in compliance, in all material respects, with applicable
requirements of the (i) Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or
executive order relating thereto; and (ii) Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of 2001). 

  
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 (d) Except as set forth in Section 3.20(d) of the Disclosure Schedules, to
Seller’s Knowledge: 
 (i) the Seller, with respect to the Business, conducts, and has at all times since January 1,
2009 conducted, its export and re-export transactions in all material respects in accordance with all applicable U.S. export and re-export controls, including the United States Export Administration Act and Export Administration Regulations, the
Arms Export Control Act and International Traffic in Arms Regulations and all regulations promulgated and administered by the Treasury Department’s Office of Foreign Assets Control (collectively “U.S. Export Controls”);

 (ii) since January 1, 2009, the Seller has not received any written notification or communication (or, to the Knowledge
of the Seller, any oral notification or communication) from any Governmental Authority asserting that the Seller is not, with respect to the Business, in compliance, in any material respect, with any U.S. Export Controls, nor has Seller submitted
any voluntary self-disclosure to any Governmental Authority regarding any actual or potential violation of any U.S. Export Controls; 
 (iii) the Seller possesses or has applied for all Permits from Governmental Authorities which are required under U.S. Export Controls in order for the Seller to conduct the Business as presently
conducted. To the Seller’s Knowledge, (i) all such issued Permits are valid and in full force and effect and (ii) there is no formal proceeding pending of a, nor has the Seller received a written notice from any, Governmental
Authority seeking or threatening to, modify, suspend, revoke, withdraw, terminate or otherwise limit any such Permit; and 

(iv) the Seller (i) is not a Person whose property or interest in property is blocked or subject to blocking pursuant to
Section 1 of Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079 (2001)), (ii) engages in any dealings or
transactions prohibited by Section 2 of such executive order, or is otherwise associated with any such Person in any manner violative of Section 2 of such executive order or (iii) is a Person on the list of Specially Designated
Nationals and Blocked Persons. 
 Section 3.21 Warranties; Products. Each product of the Business manufactured,
sold, or delivered by Seller has, in all material respects, been in conformity with all applicable contractual commitments and all express or implied warranties, and the Seller has no liability (and to Seller’s Knowledge, there is no basis for
any present or future claim against Seller giving rise to any liability beyond any applicable warranty rights) for replacement or repair thereof or other damages in connection therewith beyond any applicable warranty rights. No product of the
Business manufactured, sold, or delivered by Seller is subject to any guaranty, warranty, or other indemnity beyond the applicable standard terms and conditions of sale. Seller has made available to the Buyer copies of the standard terms and
conditions of sale currently used or currently in effect in the Business (including applicable guaranty, warranty and indemnity provisions). 

  
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 Section 3.22 Related Party Matters. Except as set forth in
Section 3.22 of the Disclosure Schedules, to Seller’s Knowledge: (a) no Related Party (as defined below) is, or has been since January 1, 2007, (i) a competitor, creditor, debtor, customer, distributor, supplier or
vendor of the Business or party to any Contract with, Seller with respect to the Business or (ii) an officer, director, employee, member, partner, family member, investor, shareholder or owner of any such Person referred to in clause (i);
(b) no Related Party owns or has owned since January 1, 2007, any Purchased Asset or any other property or asset used in, or necessary to, the Business. As used herein “Related Party” means (i) any Affiliate of
Seller, (ii) any officer, director or key employee or consultant of Seller or Affiliate of Seller or (iii) or any Affiliate of any Person referred to in clause (ii) above. 

Section 3.23 Brokers. Other than any obligation to Headwaters MB, the fees of which are solely a liability of Seller, no
broker, finder or investment banker is entitled to any brokerage, finder’s or other fee or commission in connection with the transactions contemplated by this Agreement or any other Transaction Document based upon arrangements made by or on
behalf of Seller. 
 Section 3.24 Full Disclosure. To the Knowledge of Seller, no representation or warranty by
Seller in this Agreement and no statement contained in the Disclosure Schedules to this Agreement or any certificate or other document furnished or to be furnished to Buyer pursuant to this Agreement contains any untrue statement of a material fact,
or omits to state a material fact necessary to make the statements contained therein, in light of the circumstances in which they are made, not misleading. 
 ARTICLE IV 
 REPRESENTATIONS AND
WARRANTIES OF BUYER 
 Buyer and Parent, jointly and severally, represent and
warrant to Seller that the statements contained in this Article IV are true and correct as of the date hereof. 

Section 4.01 Organization of Buyer. Parent is a corporation duly organized, validly existing and in good standing under the
Laws of the Commonwealth of Pennsylvania. Photop Technologies, Inc. is a corporation duly organized, validly existing and in good standing under the Laws of the California. Photop Koncent, Inc. (FuZhou) is a corporation duly organized, validly
existing and in good standing under the Laws of the People’s Republic of China. 

  
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 Section 4.02 Authority. Parent and Buyer each have full corporate power and
authority to enter into this Agreement and the other Transaction Documents to which each of Parent and Buyer is a party, to carry out its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The
execution and delivery by Parent and Buyer of this Agreement and any other Transaction Document to which Parent or Buyer is a party, the performance by Parent and Buyer of its respective obligations hereunder and thereunder and the consummation by
Parent and Buyer of the transactions contemplated hereby and thereby have been duly authorized by all requisite corporate action on the part of Parent and Buyer, as applicable. This Agreement has been duly executed and delivered by Parent and Buyer,
and (assuming due authorization, execution and delivery by Seller) this Agreement constitutes a legal, valid and binding obligation of Parent and Buyer enforceable against Parent and Buyer in accordance with its terms, except as enforcement may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium and other Laws affecting creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by applicable Law. When each other
Transaction Document to which Parent and Buyer is or will be a party has been duly executed and delivered by Parent and Buyer (assuming due authorization, execution and delivery by each other party thereto), such Transaction Document will constitute
a legal and binding obligation of Parent and Buyer, as applicable, enforceable against it in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium and other Laws affecting
creditors’ rights generally and except insofar as the availability of equitable remedies may be limited by applicable Law. 

Section 4.03 No Conflicts; Consents. The execution, delivery and performance by Buyer of this Agreement and the other
Transaction Documents to which it is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not: (a) conflict with or result in a violation or breach of, or default under, any provision of the
certificate of incorporation, by-laws or other organizational documents of Parent or Buyer; (b) conflict with or result in a violation or breach of any provision of any Law or Governmental Order applicable to Parent or Buyer; or
(c) require the consent, notice or other action by any Person under any Contract to which Parent or Buyer is a party. No consent, approval, Permit, Governmental Order, declaration or filing with, or notice to, any Governmental Authority is
required by or with respect to Parent or Buyer in connection with the execution and delivery of this Agreement and the other Transaction Documents and the consummation of the transactions contemplated hereby and thereby. 

  
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 Section 4.04 Brokers. No broker, finder or investment banker is entitled to any
brokerage, finder’s or other fee or commission in connection with the transactions contemplated by this Agreement or any other Transaction Document based upon arrangements made by or on behalf of Parent or Buyer. 

Section 4.05 Sufficiency of Funds. Parent and Buyer have sufficient cash on hand or other sources of immediately available
funds to enable it to make payment of the Purchase Price and consummate the transactions contemplated by this Agreement. 

Section 4.06 Legal Proceedings. There are no Actions pending or, to Parent and Buyer’s Knowledge, threatened against or
by Parent or Buyer or any Affiliate of Parent that challenges or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement. No event has occurred or circumstances exist that may give rise or serve as a basis for any
such Action. 
 ARTICLE V 
 COVENANTS 
 Section 5.01 Conduct of Business Prior
to the Closing. From the date hereof until the Closing, except as otherwise provided in this Agreement or consented to in writing by Buyer (which consent shall not be unreasonably withheld or delayed), Seller shall (x) conduct the Business
in the ordinary course of business consistent with past practice; and (y) use reasonable best efforts to maintain and preserve intact its current Business organization, operations and franchise and to preserve the rights, franchises, goodwill
and relationships of its employees, customers, lenders, suppliers, regulators and others having relationships with the Business. The parties acknowledge and agree that Seller shall not be in breach of this Section 5.01 with respect to
any action taken or omitted to be taken with the consent of or at the direction of Buyer or Parent. 
 Section 5.02
Employees and Employee Benefits. 
 (a) Buyer shall, and Parent shall cause Buyer to, offer employment effective as of the
Closing Date to all of the employees of the Business identified on Section 3.18(a) of the Disclosure Schedules (“Eligible Employees”) in the same, substantially the same, or superior positions of responsibility to be
performed at the same location as prior to the Closing Date, with equivalent or superior (taken as a whole) annual wages and periodic performance bonus (without regard to any equity compensation, change of control payments or similar compensation
amounts), and employment benefits as such Eligible Employees had with Seller immediately prior to the Closing Date. Individuals who accept such offer and commence employment with Buyer being called “Transferring Employees.” Until
the Closing Date Seller shall maintain its current health care benefits for the Eligible Employees. Effective as of the Closing Date, (A) Seller shall terminate the employment of all Transferring Employees and eliminate (i) any contractual
provisions or other restrictions that would otherwise prevent the Transferring Employees from becoming an employee of Buyer and (ii) any confidentiality restrictions that would prevent the Transferring Employees who accept employment with Buyer
from using or transferring to Buyer any information relating to or useful for the Business and Purchased Assets and (B) the Transferring Employees shall cease accruing any benefits under any Seller Benefit Plan, and Seller shall take, or cause
to be taken, all such actions as may be necessary to effect such cessation of such participation (subject to the right of participants to make claims following the Closing Date in respect of events occurring on or prior to the Closing Date. Seller
shall bear any and all obligations and liability under the WARN Act resulting from employment losses pursuant to this Section 5.02; provided, that Buyer and Parent comply with all of their obligations under this
Section 5.02. In the event that Buyer or Parent does not comply with its obligations under this Section 5.02, Buyer shall bear any and all obligations and liability under the WARN Act resulting from employment losses. All
Transferring Employees shall be subject to Buyer’s employment policies in effect from time to time. 

  
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 (b) Seller shall be solely responsible, and Buyer shall have no obligations whatsoever for,
any compensation or other amounts payable to any current or former employee, officer, director, independent contractor or consultant of the Business, including, without limitation, hourly pay, commission, bonus, salary, accrued vacation, fringe,
pension or profit sharing benefits or severance pay for any period relating to the service with Seller at any time on or prior to the Closing Date and Seller shall pay all such amounts to all entitled persons on or prior to the Closing Date.

 (c) Seller shall remain solely responsible for the satisfaction of all claims for medical, dental, life insurance, health
accident or disability benefits brought by or in respect of current or former employees, officers, directors, independent contractors or consultants of the Business or the spouses, dependents or beneficiaries thereof, which claims relate to events
occurring on or prior to the Closing Date. Seller also shall remain solely responsible for all worker’s compensation claims of any current or former employees, officers, directors, independent contractors or consultants of the Business which
relate to events occurring on or prior to the Closing Date. Seller shall pay, or cause to be paid, all such amounts to the appropriate persons as and when due. 
 (d) No provision in this Section 5.02 shall (i) create any third-party beneficiary or other rights in any employee or former employee (including any beneficiary or dependent thereof) of
Seller or any other Person other than the parties hereto and their respective successors and permitted assigns, (ii) constitute or create an employment agreement or (iii) constitute or be deemed to constitute an amendment to any employee
benefit plan sponsored or maintained by Buyer or its affiliates. 
 Section 5.03 Confidentiality. From and after the
Closing through the third anniversary of the Closing Date, Seller shall, and shall cause its Affiliates to, hold, and shall use its reasonable best efforts to cause its or their respective Representatives to hold, in confidence any and all
information, whether written or oral, concerning the Business, except to the extent that Seller can show that such information (a) is generally available to and known by the public through no fault of Seller, any of its Affiliates or their
respective Representatives; or (b) is lawfully acquired by Seller, any of its Affiliates or their respective Representatives from and after the Closing from sources which are not prohibited from disclosing such information by a legal,
contractual or fiduciary obligation. If Seller or any of its Affiliates or their respective Representatives are compelled to disclose any information by judicial or administrative process or by other requirements of Law, Seller shall promptly notify
Buyer in writing and shall disclose only that portion of such information which Seller is advised by its counsel in writing is legally required to be disclosed, provided that Seller shall use reasonable best efforts to obtain an appropriate
protective order or other reasonable assurance that confidential treatment will be accorded such information. 

  
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 Section 5.04 Non-competition; Non-solicitation 

(a) For a period of five (5) years commencing on the Closing Date (the “Restricted Period”), Seller shall not, and
shall not permit any of its Subsidiaries to, directly or indirectly, (i) engage in or knowingly assist others in engaging in a Restricted Business in the Territory; or (ii) have an equity or indebtedness interest in any Person that, to
Seller’s Knowledge, engages directly or indirectly in a Restricted Business in the Territory, including as a partner, shareholder or member. 
 (b) During the Restricted Period, Seller shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, cause, induce or encourage any material client, customer, supplier or licensor
of the Business as of the date hereof, or any other Person who has a material business relationship with the Business as of the date hereof, to terminate or adversely modify any such relationship with the Business. 

(c) During the Restricted Period, Seller shall not, and shall not permit any of its Affiliates to, directly or indirectly, hire or
solicit any Eligible Employee, or encourage any Transferring Employee to leave employment with Buyer or hire any such Transferring Employee who has left such employment, except pursuant to a general solicitation which is not directed specifically to
any such employees; provided, that nothing in this Section 5.04(b) shall prevent Seller or any of its Affiliates from hiring (i) any Transferring Employee whose employment has been terminated by Buyer (ii) after 180 days
from the date of this Agreement, any Eligible Employee who did not become a Transferring Employee, (iii) after 180 days from the date of termination of employment, any Transferring Employee whose employment has been terminated by the employee,
or (iv) any Eligible Employee that responded to a general solicitation which is not directed specifically to such employee. 

  
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 (d) Notwithstanding the foregoing, if Seller or any of its Subsidiaries signs a definitive
agreement with respect to, or otherwise consummates, a merger or acquisition pursuant to which Seller or any of its Subsidiaries would acquire rights (other than residual financial rights) in a Restricted Business at any time during the Restricted
Period, then Seller or its Subsidiary, as applicable, shall use commercially reasonable efforts to divest itself of such rights in the Restricted Business within six (6) months from the closing of such merger or acquisition (but in any event
shall divest itself of such rights in the Restricted Business before the first anniversary of such merger or acquisition), and during such period, the ownership, conduct, management, operation or control of such Restricted Business shall not be in
violation of this Section 5.04. In the case of divestiture under the preceding sentence, such divestiture can occur by either (x) an outright sale of all rights in the Restricted Business to a third party or (y) an out-license to an
unaffiliated third party of the right to make, have made, use, sell, offer for sale and import such products related to the Restricted Business; provided, however, that Seller and its Subsidiaries may retain residual financial rights
to such Restricted Business, but may not exercise control over the performance or operations of such divested Restricted Business. The obligation to divest set forth in this Section 5.04(d) shall expire upon expiration of the Restricted
Period. 
 (e) Notwithstanding the foregoing, if any Person acquires control of Seller, whether by stock purchase, merger,
consolidation or other business combination, and such Person or an Affiliate of such Person is engaged in the Restricted Business at the time of such acquisition, the provisions of this Section 5.04 shall terminate effective upon the
consummation of such acquisition by such Person, and the provisions of this Section 5.04 shall not have any further force or effect. 
 (f) Notwithstanding the foregoing, Seller and its Subsidiaries may own, directly or indirectly, up to ten percent (10%) of the outstanding equity securities of any Person that owns or operates a
Restricted Business; provided that neither Seller nor any of its Subsidiaries controls such Person. 
 (g)
Notwithstanding the foregoing, the purchase of products or services by Seller from third parties that are engaged in the Restricted Business shall not be a breach of this Section 5.04. 

(h) Seller acknowledges that a breach or threatened breach of this Section 5.04 would give rise to irreparable harm to Buyer,
for which monetary damages would not be an adequate remedy, and hereby agrees that in the event of a breach or a threatened breach by Seller of any such obligations, Buyer shall, in addition to any and all other rights and remedies that may be
available to it in respect of such breach, be entitled to equitable relief, including a temporary restraining order, an injunction, specific performance and any other equitable relief that may be available from a court of competent jurisdiction
(without any requirement to post bond). 

  
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 (i) Seller acknowledges that the restrictions contained in this Section 5.04 are
reasonable and necessary to protect the legitimate interests of Buyer and constitute a material inducement to Buyer to enter into this Agreement and consummate the transactions contemplated by this Agreement. In the event that any covenant contained
in this Section 5.04 should ever be adjudicated to exceed the time, geographic, product or service or other limitations permitted by applicable Law in any jurisdiction, then any court is expressly empowered to reform such covenant, and
such covenant shall be deemed reformed, in such jurisdiction to the maximum time, geographic, product or service or other limitations permitted by applicable Law. The covenants contained in this Section 5.04 and each provision hereof are
severable and distinct covenants and provisions. The invalidity or unenforceability of any such covenant or provision as written shall not invalidate or render unenforceable the remaining covenants or provisions hereof, and any such invalidity or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such covenant or provision in any other jurisdiction. 
 Section 5.05 Governmental Approvals and Consents 
 (a) Each party
hereto shall, as promptly as possible, (i) make, or cause or be made, all filings and submissions required under any Law applicable to such party or any of its Affiliates; and (ii) use reasonable best efforts to obtain, or cause to be
obtained, all consents, authorizations, orders and approvals from all Governmental Authorities that may be or become necessary for its execution and delivery of this Agreement and the performance of its obligations pursuant to this Agreement and the
other Transaction Documents. Each party shall cooperate fully with the other party and its Affiliates in promptly seeking to obtain all such consents, authorizations, orders and approvals. The parties hereto shall not willfully take any action that
will have the effect of delaying, impairing or impeding the receipt of any required consents, authorizations, orders and approvals. 
 (b) Each party hereto shall use reasonable best efforts to give all notices to, and obtain all consents from, all third parties that are described in Section 3.03 of the Disclosure Schedules.

 (c) Without limiting the generality of the parties’ undertakings pursuant to subsections (a) and (b) above,
each of the parties hereto shall use all reasonable best efforts to: 
 (i) respond to any inquiries by any Governmental
Authority regarding antitrust or other matters with respect to the transactions contemplated by this Agreement or any other Transaction Document; 
 (ii) avoid the imposition of any order or the taking of any action that would restrain, alter or enjoin the transactions contemplated by this Agreement or any other Transaction Document; and 

(iii) in the event any Governmental Order adversely affecting the ability of the parties to consummate the transactions contemplated by
this Agreement or any other Transaction Document has been issued, to have such Governmental Order vacated or lifted. 

  
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 Section 5.06 Books and Records; Access. 

(a) In order to facilitate the resolution of any claims made against or incurred by Seller prior to the Closing, or for any other
reasonable purpose, Buyer shall and Parent shall cause Buyer to, in accordance with the Buyer’s document retention policy: 

(i) retain the Books and Records (including personnel files) relating to periods prior to the Closing in a manner reasonably consistent
with the prior practices of Seller; and 
 (ii) upon reasonable notice, afford the Seller’s Representatives reasonable
access (including the right to make, at Seller’s expense, photocopies), during normal business hours, to such Books and Records. 
 (b) In order to facilitate the resolution of any claims made by or against or incurred by Buyer after the Closing, or for any other reasonable purpose, Seller shall, in accordance with the Sellers’
document retention policy: 
 (i) retain the books and records (including personnel files) of Seller which relate to the Business
and its operations for periods prior to the Closing; and 
 (ii) upon reasonable notice, afford the Buyer’s Representatives
reasonable access (including the right to make, at Buyer’s expense, photocopies), during normal business hours, to such books and records. 
 (c) Neither Buyer nor Seller shall be obligated to provide the other party with access to any books or records (including personnel files) pursuant to this Section 5.06 where such access would
violate any Law. 
 (d) During the period beginning on the date hereof and ending on the Closing Date, Seller shall provide
Buyer with reasonable access during normal business hours to the Leased Real Property and the employees of Seller responsible for the conduct of the Business, and Seller shall keep Buyer reasonably apprised of all material developments related to
the Business 
 (e) Notwithstanding anything to the contrary contained in this Agreement, Seller and its Subsidiaries may
retain, at their expense, copies of the Assumed Contracts, Books and Records and other documents or materials conveyed hereunder for the following purposes: (i) Taxes, accounting, litigation, proceedings, investigations or other valid business
purposes (excluding engaging in the Restricted Business) and (ii) performing or enforcing its rights and obligations under this Agreement. 

  
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 Section 5.07 Bulk Sales Laws. The parties hereby waive compliance with the
provisions of any bulk sales, bulk transfer or similar Laws of any jurisdiction that may otherwise be applicable with respect to the sale of any or all of the Purchased Assets to Buyer; it being understood that any Liabilities arising out of the
failure of Seller to comply with the requirements and provisions of any bulk sales, bulk transfer or similar Laws of any jurisdiction which would not otherwise constitute Assumed Liabilities shall be treated as Excluded Liabilities. 

Section 5.08 Receivables. The parties acknowledge and agree that, as between Seller and Buyer, Seller shall be entitled to
all Accounts Receivable attributable to the sale of products related to the Business prior to and through the Closing Date, and that Buyer shall be entitled to all Accounts Receivable attributable to the sale of products related to the Business
after the Closing Date. From and after the Closing Date, if Seller or any of its Affiliates receives or collects any Accounts Receivable attributable to the sale of products related to the Business after the Closing Date, Seller or its Affiliate
shall remit such funds to Buyer within ten Business Days after the end of the month in which such funds are received. From and after the Closing Date, if Parent, Buyer or their Affiliates receives or collects any Accounts Receivable attributable to
the sale of products related to the Business prior to and through the Closing Date, Parent, Buyer or their Affiliates, as applicable, shall remit any such funds to Seller within ten Business Days after the end of the month in which such funds are
received. 
 Section 5.09 Tax Matters. 
 (a) All transfer, documentary, sales, use, stamp, registration, value added and other such Taxes and fees (including any penalties and interest) incurred in connection with this Agreement and the other
Transaction Documents (including any real property transfer Tax and any other similar Tax) shall be borne and paid equally by Seller and Buyer. Seller shall, at its own expense, timely file any Tax Return or other document with respect to such Taxes
or fees (and Buyer shall cooperate with respect thereto as necessary). 
 (b) Seller shall be responsible for and shall promptly
pay when due all real or personal property Taxes or ad valorem Taxes payable with respect to the Purchased Assets attributable to the Pre-Closing Tax Period, and Buyer or Parent shall be responsible for and shall promptly pay when due all real or
personal property Taxes or ad valorem Taxes levied with respect to the Purchased Assets attributable to the Post-Closing Tax Period. All real or personal property Taxes or ad valorem Taxes levied with respect to the Purchased Assets for any period
beginning prior to the Closing Date and ending after the Closing Date (a “Straddle Period”) shall be apportioned between the Pre-Closing Tax Period and the Post-Closing Tax Period, as follows: the portion allocable to the
Pre-Closing Tax Period shall be deemed to be the amount of such Tax for the entire Straddle Period multiplied by a fraction the numerator of which is the number of days in the Tax period ending on the day immediately preceding the Closing Date and
the denominator of which is the number of days in the entire Straddle Period. Upon receipt of any bill for such Taxes relating to the Purchased Assets, Buyer or Parent, on the one hand, and Seller, on the other hand, shall present a statement to the
other setting forth the amount of reimbursement to which each is entitled under this Section 5.09(b) together with such supporting evidence as is reasonably necessary to calculate the proration amount. The proration amount shall be paid
by the party owing it to the other within ten (10) days after delivery of such statement. In the event that Buyer, Parent or Seller shall make any payment for which it is entitled to reimbursement under this Section 5.09(b), the
applicable party shall make such reimbursement promptly but in no event later than ten (10) days after the presentation of a statement setting forth the amount of reimbursement to which the presenting party is entitled along with such
supporting evidence as is reasonably necessary to calculate the amount of reimbursement. 

  
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 (c) If requested by Buyer, Seller shall notify all of the taxing authorities in the
jurisdictions that impose Taxes on Seller or where Seller has a duty to file Tax Returns of the transactions contemplated by this Agreement in the form and manner required by such taxing authorities, if the failure to make such notifications or
receive any available tax clearance certificate (a “Tax Clearance Certificate”) could subject the Buyer to any Taxes of Seller. If any taxing authority asserts that Seller is liable for any Tax, Seller shall promptly pay any and all
such amounts and shall provide evidence to the Buyer that such liabilities have been paid in full or otherwise satisfied. 

Section 5.10 Further Assurances. Following the Closing, each of the parties hereto shall, and shall cause their respective
Affiliates to, execute and deliver such additional documents, instruments, conveyances and assurances and take such further actions as may be reasonably required to carry out the provisions hereof and give effect to the transactions contemplated by
this Agreement and the other Transaction Documents. 
 Section 5.11 Cooperation and Records Retention. From time to
time, Seller, Parent and Buyer shall provide, and shall cause their respective accountants and other representatives to provide, to each other on a timely basis, the information that they or their accountants or other representatives have within
their control and that may be reasonably necessary in connection with the preparation of any Tax Return or the examination by any taxing authority or other administrative or judicial proceeding relating to any Tax Return. Seller and Buyer shall
retain or cause to be retained, until the applicable statutes of limitations (including any extensions and carryovers) have expired, copies of all Tax Returns for all Tax periods beginning before the Closing Date, together with supporting work
schedules and other records or information that may be relevant to such Tax Returns. 

  
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 Section 5.12 Seller shall continue to maintain from the date of this Agreement
through the Closing Date all forms of insurance which address the risk associated with the Purchased Assets, including, but not limited to, commercial general liability insurance and property insurance (the “Policies”), in such amounts as
Seller has maintained in the ordinary course of business prior to the Closing. All Policies shall be amended to name Buyer as an additional insured or loss payee. In addition, Seller shall assign to Buyer any rights of subrogation and rights of
action related to any losses affecting the Purchased Assets from the date of this Agreement through the Closing Date. Such Policies shall not be canceled, altered, or amended from the date of this Agreement through the Closing Date without prior
written notice having first been furnished to Buyer. Seller’s Policies shall be primary to any insurance of Buyer that may apply to any loss, accident or claim associated with the Purchased Assets. Upon any such loss, accident or claim, Seller
hereby agrees to immediately pay over, or shall direct its agent to immediately pay over, to Buyer any and all insurance proceeds received under the Policies; provided, however, that such proceeds shall be subject to (and recovery
thereon shall be reduced by the amount of) any applicable deductibles and co-payment provisions or any payment or reimbursement obligations of the Seller in respect thereof. 
 ARTICLE VI 
 INDEMNIFICATION 

Section 6.01 Survival. Subject to the limitations and other provisions of this Agreement, the representations and warranties
contained herein shall survive the Closing and shall remain in full force and effect until December 31, 2013. All covenants and agreements of the parties contained herein shall survive the Closing indefinitely or for the period explicitly
specified therein. Notwithstanding the foregoing, any claims asserted in good faith with reasonable specificity (to the extent known at such time) and in writing by notice from the non-breaching party to the breaching party prior to the expiration
date of the applicable survival period shall not thereafter be barred by the expiration of the relevant representation or warranty and such claims shall survive until finally resolved. 

Section 6.02 Indemnification By Seller. Subject to the other terms and conditions of this Article VI, Seller shall
indemnify and defend each of Buyer and its Affiliates and their respective directors, officers and employees (collectively, the “Buyer Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and
reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Buyer Indemnitees based upon, arising out of, with respect to or by reason of: 
 (a) any inaccuracy in or breach of any of the representations or warranties of Seller contained in this Agreement, the other Transaction Documents or in any certificate delivered by or on behalf of Seller
pursuant to this Agreement, as of the date such representation or warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date,
the inaccuracy in or breach of which will be determined with reference to such specified date); 

  
 42 

 (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed
by Seller pursuant to this Agreement, the other Transaction Documents or any certificate delivered by or on behalf of Seller pursuant to this Agreement; or 
 (c) any Excluded Asset or any Excluded Liability. 
 Section 6.03
Indemnification By Parent and Buyer. Subject to the other terms and conditions of this Article VI, Parent and Buyer shall indemnify and defend each of Seller and its Affiliates and their respective directors, officers and employees
(collectively, the “Seller Indemnitees”) against, and shall hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by, or imposed upon, the Seller
Indemnitees based upon, arising out of, with respect to or by reason of: 
 (a) any inaccuracy in or breach of any of the
representations or warranties of Buyer or Parent contained in this Agreement, the other Transaction Documents or in any certificate delivered by or on behalf of Buyer or Parent pursuant to this Agreement, as of the date such representation or
warranty was made or as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate to a specified date, the inaccuracy in or breach of which will be determined with
reference to such specified date); 
 (b) any breach or non-fulfillment of any covenant, agreement or obligation to be performed
by Buyer pursuant to this Agreement, the other Transaction Documents or any certificate delivered by or on behalf of Parent or Buyer pursuant to this Agreement; or 
 (c) any Purchased Asset or Assumed Liability. 
 Section 6.04 Certain
Limitations. The indemnification provided for in Section 6.02 and Section 6.03 shall be subject to the following limitations: 
 (a) Seller shall not be liable to the Buyer Indemnitees for indemnification under Section 6.02(a) (other than with respect to a claim for indemnification based upon, arising out of, with
respect to or by reason of any inaccuracy in or breach of any representation or warranty in Section 3.01, Section 3.02, and Section 3.08 (the “Buyer Basket Exclusions”)), until the aggregate amount of
all Losses in respect of indemnification under Section 6.02(a) (other than those based upon, arising out of, with respect to or by reason of the Buyer Basket Exclusions) exceeds Twenty Five Thousand Dollars ($25,000), (the
“Seller’s Floor”), in which case the Buyer Indemnitees shall be entitled to recover Losses without regard to the Seller’s Floor, including the first dollar of Buyer’s Loss. Seller shall not be liable to the Buyer
Indemnitees for indemnification under Section 6.02 to the extent the aggregate amount of all Losses collectively incurred by the Buyer Indemnitees exceeds One Million Dollars ($1,000,000) (the “Seller’s Cap”), after
which point Seller will have no obligation to indemnify the Buyer Indemnitees from and against further Buyer’s Loss thereunder; provided that the Seller’s Cap shall not apply to claims for indemnification (i) under
Section 6.02(b) arising as a result of a breach of Section 5.04 or (ii) under Section 6.02(b) arising as a result of a breach of Section 5.01, but, with respect to a breach referenced in
subsection (ii), only to the extent that (A) such breach occurred during the period beginning on the date hereof and ending on the Closing Date and (B) that such liability does not exceed Two Million Seven Hundred Thousand Dollars
($2,700,000), after which point Seller will have no obligation to indemnify the Buyer Indemnitees from and against further Buyer’s Loss thereunder. 

  
 43 

 (b) Buyer shall not be liable to the Seller Indemnitees for indemnification under
Section 6.03(a) (other than with respect to a claim for indemnification based upon, arising out of, with respect to or by reason of any inaccuracy in or breach of any representation or warranty in Section 4.01,
Section 4.02 and Section 4.04 (the “Seller Basket Exclusions”)) until the aggregate amount of all Losses in respect of indemnification under Section 6.03(a) (other than those based upon, arising out of,
with respect to or by reason of the Seller Basket Exclusions) exceeds Twenty Five Thousand Dollars ($25,000), (the “Buyer’s Floor”), in which case the Seller Indemnitees shall be entitled to recover Losses without regard to the
Buyer’s Floor, including the first dollar of Seller’s Loss. Buyer shall not be liable to the Seller Indemnitees for indemnification under Section 6.03 to the extent the aggregate amount of all Losses collectively incurred by
the Seller Indemnitees exceeds One Million Dollars ($1,000,000) (the “Buyer’s Cap”), after which point Buyer will have no obligation to indemnify the Seller Indemnitees from and against further Seller’s Loss thereunder;
provided that the Buyer’s Cap shall not apply to claims for indemnification under Section 6.03(b) arising as a result of a breach of Section 2.05. 

(c) The amount of Losses recoverable by any Buyer Indemnitees or Seller Indemnitees under Section 6.02 and
Section 6.03, respectively, shall be reduced by the amount of any insurance proceeds paid to the indemnitee relating to such Losses, after deducting all attorneys fees, expenses and other costs of recovery and any deductible associated
therewith to the extent paid. 
 (d) For purposes of calculating Losses with respect to any inaccuracy in or breach of any
representation or warranty, the amount of Losses shall be determined without regard to any materiality, Material Adverse Effect or other similar qualification contained in or otherwise applicable to such representation or warranty (except that
(i) the materiality qualifiers as described in this sentence shall not be disregarded in Section 3.06(a) and (ii) dollar limitations and the word “material” or “Material” when it is the first word preceding
the words “contract”, “agreement”, “Law”, “Intellectual Property” or similar words, including the plurals thereof, shall not be disregarded). 

  
 44 

 Section 6.05 Indemnification Procedures. The party making a claim under this
Article VI is referred to as the “Indemnified Party”, and the party against whom such claims are asserted under this Article VI is referred to as the “Indemnifying Party”. 

(a) Third Party Claims. If any Indemnified Party receives notice of the assertion or commencement of any Action made or brought by
any Person who is not a party to this Agreement or an Affiliate of a party to this Agreement or a director, officer or employee of the foregoing (a “Third Party Claim”) against such Indemnified Party with respect to which the
Indemnifying Party is obligated to provide indemnification under this Agreement, the Indemnified Party shall give the Indemnifying Party reasonably prompt written notice thereof, but in any event not later than 20 calendar days after receipt of such
notice of such Third Party Claim. The failure to give such prompt written notice shall not, however, relieve the Indemnifying Party of its indemnification obligations, except and only to the extent that the Indemnifying Party forfeits rights or
defenses by reason of such failure or is otherwise materially predjudiced by such failure. Such notice by the Indemnified Party shall describe the Third Party Claim in reasonable detail, shall include copies of all material written evidence thereof
and shall indicate the estimated amount, if reasonably practicable, of the Loss that has been or may be sustained by the Indemnified Party. The Indemnifying Party shall have the right to participate in, or by giving written notice to the Indemnified
Party, to assume the defense of any Third Party Claim at the Indemnifying Party’s expense and by the Indemnifying Party’s own counsel, and the Indemnified Party shall cooperate in good faith in such defense; provided, that if the
Indemnifying Party is Seller, such Indemnifying Party shall not have the right to defend or direct the defense of any such Third Party Claim that (x) is asserted directly by or on behalf of a Person that is a supplier or customer of the
Business, or (y) seeks an injunction or other equitable relief against the Indemnified Party. In the event that the Indemnifying Party assumes the defense of any Third Party Claim, subject to Section 6.05(b), it shall have the right
to take such action as it deems necessary to avoid, dispute, defend, appeal or make counterclaims pertaining to any such Third Party Claim in the name and on behalf of the Indemnified Party. The Indemnified Party shall have the right to participate
in the defense of any Third Party Claim with counsel selected by it subject to the Indemnifying Party’s right to control the defense thereof. The fees and disbursements of such counsel shall be at the expense of the Indemnified Party,
provided, that if in the reasonable opinion of counsel to the Indemnified Party, (A) there are legal defenses available to an Indemnified Party that are different from or additional to those available to the Indemnifying Party; or
(B) there exists a conflict of interest between the Indemnifying Party and the Indemnified Party that cannot be waived, the Indemnifying Party shall be liable for the reasonable fees and expenses of counsel to the Indemnified Party in each
jurisdiction for which the Indemnified Party determines counsel is required. If the Indemnifying Party elects not to defend such Third Party Claim, fails to notify the Indemnified Party in writing of its election to defend as provided in this
Agreement within 20 calendar days after receipt of notice of such Third Party Claim from the Indemnified Party, or fails to diligently prosecute the defense of such Third Party Claim, the Indemnified Party may, subject to
Section 6.05(b), pay, compromise, defend such Third Party Claim and seek indemnification for any and all Losses based upon, arising from or relating to such Third Party Claim. Seller and Buyer shall cooperate with each other in all
reasonable respects in connection with the defense of any Third Party Claim, including making available (subject to the provisions of Section 5.03) records relating to such Third Party Claim and furnishing, without expense (other than
reimbursement of actual out-of-pocket expenses) to the defending party, management employees of the non-defending party as may be reasonably necessary for the preparation of the defense of such Third Party Claim. 

  
 45 

 (b) Settlement of Third Party Claims. Notwithstanding any other provision of this
Agreement, the Indemnifying Party shall not enter into settlement of any Third Party Claim without the prior written consent of the Indemnified Party, except as provided in this Section 6.05(b). If a bona fide offer is made to settle a
Third Party Claim without leading to liability or the creation of a financial or other obligation on the part of the Indemnified Party and provides for the unconditional release of each Indemnified Party from all liabilities and obligations in
connection with such Third Party Claim and the Indemnifying Party desires to accept and agree to such offer, the Indemnifying Party shall give written notice to that effect to the Indemnified Party. If the Indemnified Party fails to consent to such
bona fide offer within ten days after its receipt of such notice, the Indemnified Party may continue to contest or defend such Third Party Claim and in such event, the maximum liability of the Indemnifying Party as to such Third Party Claim shall
not exceed the amount of such settlement offer. If the Indemnified Party fails to consent to such bona fide offer and also fails to assume defense of such Third Party Claim, the Indemnifying Party may settle the Third Party Claim upon the terms set
forth in such bona fide offer to settle such Third Party Claim. If the Indemnified Party has assumed the defense pursuant to Section 6.05(a), it shall not agree to any settlement without the written consent of the Indemnifying Party
(which consent shall not be unreasonably withheld or delayed). 
 (c) Direct Claims. Any Action by an Indemnified Party
on account of a Loss which does not result from a Third Party Claim (a “Direct Claim”) shall be asserted by the Indemnified Party giving the Indemnifying Party reasonably prompt written notice thereof, but in any event not later than 20
days after the Indemnified Party becomes aware of such Direct Claim. The failure to give such prompt written notice shall not, however, relieve the Indemnifying Party of its indemnification obligations, except and only to the extent that the
Indemnifying Party forfeits rights or defenses by reason of such failure or is otherwise materially prejudiced by such failure. Such notice by the Indemnified Party shall describe the Direct Claim in reasonable detail, shall include copies of all
material written evidence thereof and shall indicate the estimated amount, if reasonably practicable, of the Loss that has been or may be sustained by the Indemnified Party. The Indemnifying Party shall have 20 days after its receipt of such notice
to respond in writing to such Direct Claim. The Indemnified Party shall allow the Indemnifying Party and its professional advisors to investigate the matter or circumstance alleged to give rise to the Direct Claim, and whether and to what extent any
amount is payable in respect of the Direct Claim and the Indemnified Party shall assist the Indemnifying Party’s investigation by giving such information and assistance (including access to the Indemnified Party’s premises and personnel
and the right to examine and copy any accounts, documents or records) as the Indemnifying Party or any of its professional advisors may reasonably request. If the Indemnifying Party does not so respond within such 20 day period, the Indemnifying
Party shall be deemed to have rejected such claim, in which case the Indemnified Party shall be free to pursue such remedies as may be available to the Indemnified Party on the terms and subject to the provisions of this Agreement. 

  
 46 

 (d) Cooperation. Upon a reasonable request by the Indemnifying Party, each
Indemnified Party seeking indemnification hereunder in respect of any Direct Claim, hereby agrees to consult with the Indemnifying Party and act reasonably to take actions reasonably requested by the Indemnifying Party in order to attempt to reduce
the amount of Losses in respect of such Direct Claim. Any costs or expenses associated with taking such actions shall be included as Losses hereunder. 
 Section 6.06 Payments. Once a Loss is agreed to by the Indemnifying Party or finally adjudicated to be payable pursuant to this Article VI, the Indemnifying Party shall satisfy its
obligations within 15 Business Days of such final, non-appealable adjudication. In the case Buyer or Parent is the Indemnifying Party, Buyer or Parent shall satisfy such obligation by wire transfer of immediately available funds to an account
designated by Seller. In the case Seller is the Indemnifying Party, Seller shall satisfy such obligation by payment pursuant to the terms of the Escrow Agreement. The parties hereto agree that should an Indemnifying Party not make full payment of
any such obligations within such 15 Business Day period, any amount payable shall accrue interest from and including the date of agreement of the Indemnifying Party or final, non-appealable adjudication to and including the date such payment has
been made at a rate per annum equal to 6%. Such interest shall be calculated daily on the basis of a 365 day year and the actual number of days elapsed, without compounding. 
 Section 6.07 Tax Treatment of Indemnification Payments. All indemnification payments made under this Agreement shall be treated by the parties as an adjustment to the Purchase Price for Tax
purposes, unless otherwise required by Law. 

  
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 Section 6.08 Effect of Investigation. The representations, warranties and
covenants of the Indemnifying Party, and the Indemnified Party’s right to indemnification with respect thereto, shall not be affected or deemed waived by reason of any investigation made by or on behalf of the Indemnified Party (including by
any of its Representatives) or by reason of the fact that the Indemnified Party or any of its Representatives knew or should have known that any such representation or warranty is, was or might be inaccurate. 

Section 6.09 Exclusive Remedies. Subject to Section 5.04 and Section 7.11, the parties acknowledge
and agree that their sole and exclusive remedy with respect to any and all claims (other than claims arising from fraud, criminal activity or willful misconduct on the part of a party hereto in connection with the transactions contemplated by this
Agreement) for any breach of any representation, warranty, covenant, agreement or obligation set forth herein or otherwise relating to the subject matter of this Agreement, shall be pursuant to the indemnification provisions set forth in this
Article VI. In addition, except to the extent that an indemnity claim that is brought by a Buyer Indemnitee would not be subject to the Seller’s Cap pursuant to Section 6.04(a), the Escrow Amount shall constitute the
indemnity fund, which shall be sole source of funds available to Buyer to satisfy indemnification obligations of Seller hereunder. In furtherance of the foregoing, each party hereby waives, to the fullest extent permitted under Law, any and all
rights, claims and causes of action for any breach of any representation, warranty, covenant, agreement or obligation set forth herein or otherwise relating to the subject matter of this Agreement it may have against the other parties hereto and
their Affiliates and each of their respective Representatives arising under or based upon any Law, except pursuant to the indemnification provisions set forth in this Article VI. Nothing in this Section 6.09 shall limit any
Person’s right to seek and obtain any equitable relief to which any Person shall be entitled or to seek any remedy on account of any party’s fraudulent, criminal or willful misconduct. 

ARTICLE VII 

MISCELLANEOUS 
 Section 7.01 Expenses. Except as otherwise expressly provided herein, all costs and expenses, including, without limitation, fees and disbursements of counsel, financial advisors and
accountants, incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party incurring such costs and expenses, whether or not the Closing shall have occurred; provided, however, Seller shall pay
all amounts payable to Headwaters MB. 

  
 48 

 Section 7.02 Notices. All notices, requests, consents, claims, demands, waivers
and other communications hereunder shall be in writing and shall be deemed to have been given (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally recognized
overnight courier (receipt requested); (c) on the date sent by facsimile (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours of the
recipient or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective parties at the following addresses (or at such other address
for a party as shall be specified in a notice given in accordance with this Section 7.02): 
  

			
	If to Seller:	  	 Oclaro, Inc.
 2584 Junction
Ave.
 San Jose, CA 95134

Fax:    (408) 904-4913

Attention: General Counsel

		
	with a copy to:	  	 Jones Day
 1755 Embarcadero
Road
 Palo Alto, CA 94303

Fax:    (650) 739-3900

Attention:     Robert T. Clarkson
   Kevin B. Espinola

		
	If to Buyer:	  	 II-VI Incorporated
 375
Saxonburg Boulevard
 Saxonburg, PA 16056

Attention: Craig A Creaturo, Treasurer
 and Chief
Financial Officer
 Tel: (724) 352-4455

Fax: (724) 352-5284

		
	with a copy to:	  	 Robert D. German, Esquire

Sherrard, German & Kelly, P.C.
 28th Floor, Two PNC Plaza

Pittsburgh, Pennsylvania 15222
 Tel: (412)
355-0200
 Fax: (412) 261-6221

  
 49 

 Section 7.03 Interpretation. For purposes of this Agreement, (a) the words
“include,” “includes” and “including” shall be deemed to be followed by the words “without limitation”; (b) the word “or” is not exclusive; and (c) the words “herein,”
“hereof,” “hereby,” “hereto” and “hereunder” refer to this Agreement as a whole. Unless the context otherwise requires, references herein: (x) to Articles, Sections, Disclosure Schedules and Exhibits mean
the Articles and Sections of, and Disclosure Schedules and Exhibits attached to, this Agreement; (y) to an agreement, instrument or other document means such agreement, instrument or other document as amended, supplemented and modified from
time to time to the extent permitted by the provisions thereof and (z) to a statute means such statute as amended from time to time and includes any successor legislation thereto and any regulations promulgated thereunder. This Agreement shall
be construed without regard to any presumption or rule requiring construction or interpretation against the party drafting an instrument or causing any instrument to be drafted. The Disclosure Schedules and Exhibits referred to herein shall be
construed with, and as an integral part of, this Agreement to the same extent as if they were set forth verbatim herein. 

Section 7.04 Headings. The headings in this Agreement are for reference only and shall not affect the interpretation of this
Agreement. 
 Section 7.05 Severability. If any term or provision of this Agreement is invalid, illegal or
unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Except as
provided in Section 5.04(i), upon such determination that any term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of
the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. 

Section 7.06 Entire Agreement. This Agreement and the other Transaction Documents constitute the sole and entire agreement of
the parties to this Agreement with respect to the subject matter contained herein and therein, and supersede all prior and contemporaneous understandings and agreements, both written and oral, with respect to such subject matter. In the event of any
inconsistency between the statements in the body of this Agreement and those in the other Transaction Documents, the Exhibits and Disclosure Schedules (other than an exception expressly set forth as such in the Disclosure Schedules), the statements
in the body of this Agreement will control. Notwithstanding the foregoing, any Supply Agreement(s) shall be governed by the terms and conditions set forth therein and not by and statements or provisions set forth in this Agreement. 

  
 50 

 Section 7.07 Successors and Assigns. This Agreement shall be binding upon and
shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. Neither party may assign its rights or obligations hereunder without the prior written consent of the other party, which consent shall not be
unreasonably withheld or delayed; provided, however, that prior to the Closing Date, Buyer may, without the prior written consent of Seller, assign all or any portion of its rights under this Agreement to one or more of its direct or indirect
wholly-owned subsidiaries. No assignment shall relieve the assigning party of any of its obligations hereunder. 

Section 7.08 No Third-party Beneficiaries. Except as provided in Article VI, this Agreement is for the sole benefit of
the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person or entity any legal or equitable right, benefit or remedy of any nature whatsoever
under or by reason of this Agreement. 
 Section 7.09 Amendment and Modification; Waiver. This Agreement may only be
amended, modified or supplemented by an agreement in writing signed by each party hereto. No waiver by any party of any of the provisions hereof shall be effective unless explicitly set forth in writing and signed by the party so waiving. No waiver
by any party shall operate or be construed as a waiver in respect of any failure, breach or default not expressly identified by such written waiver, whether of a similar or different character, and whether occurring before or after that waiver. No
failure to exercise, or delay in exercising, any right, remedy, power or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege
hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. 

Section 7.10 Governing Law; Submission to Jurisdiction; Waiver of Jury Trial. 

(a) This Agreement shall be governed by and construed in accordance with the internal laws of the State of California without giving
effect to any choice or conflict of law provision or rule. 
 (b) ANY LEGAL SUIT, ACTION OR PROCEEDING ARISING OUT OF OR BASED
UPON THIS AGREEMENT, THE OTHER TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY MAY BE INSTITUTED IN THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA OR THE COURTS OF THE STATE OF CALIFORNIA IN EACH CASE LOCATED IN THE CITY
OF SAN FRANCISCO AND COUNTY OF SAN FRANCISCO, AND EACH PARTY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS IN ANY SUCH SUIT, ACTION OR PROCEEDING. SERVICE OF PROCESS, SUMMONS, NOTICE OR OTHER DOCUMENT BY MAIL TO SUCH PARTY’S
ADDRESS SET FORTH HEREIN SHALL BE EFFECTIVE SERVICE OF PROCESS FOR ANY SUIT, ACTION OR OTHER PROCEEDING BROUGHT IN ANY SUCH COURT. THE PARTIES IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY OBJECTION TO THE LAYING OF VENUE OF ANY SUIT, ACTION OR ANY
PROCEEDING IN SUCH COURTS AND IRREVOCABLY WAIVE AND AGREE NOT TO PLEAD OR CLAIM IN ANY SUCH COURT THAT ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 

  
 51 

 (c) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS
AGREEMENT OR THE OTHER TRANSACTION DOCUMENTS IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING
OUT OF OR RELATING TO THIS AGREEMENT, THE OTHER TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. EACH PARTY TO THIS AGREEMENT CERTIFIES AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (B) SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (C) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND
(D) SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 7.10(c). 
 Section 7.11 Specific Performance. The parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof and that the
parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy to which they are entitled at law or in equity, subject to the terms of Article VI. 

Section 7.12 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all
of which together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original
signed copy of this Agreement. 
 [SIGNATURE PAGE FOLLOWS] 

  
 52 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the
date first written above by their respective officers thereunto duly authorized. 
  

			
	 OCLARO, INC.

		
	 By
	 	  

	 Name: Jerry Turin

Title:   Chief Financial Officer

	
	OCLARO (NORTH AMERICA), INC.
		
	 By
	 	  

	 Name: Jerry Turin

Title:   Chief Executive Officer

	
	 OCLARO TECHNOLOGY, INC.

		
	 By
	 	  

	 Name: Jerry Turin

Title:   Treasurer

	
	 OCLARO TECHNOLOGY LTD.

		
	 By
	 	  

	 Name: Jerry Turin

Title:   Director

	
	
Witnessed By:                      
                                   

Name:
 Title:

Address:

	
	 PHOTOP TECHNOLOGIES, INC.

		
	 By
	 	  

	 Name:

Title:

  
 [signature
page to Asset Purchase Agreement] 

 
			
	PHOTOP KONCENT, INC.
		
	 By
	 	  

	 Name:

Title:

	
	II-VI INCORPORATED
		
	 By
	 	  

	 Name:

Title:

  
 [signature
page to Asset Purchase Agreement] 

 Exhibits 
  

			
	Exhibit A	  	Escrow Agreement
	Exhibit B	  	Bill of Sale
	Exhibit C	  	Assignment and Assumption Agreement
	Exhibit D	  	Intellectual Property Assignments
	Exhibit E	  	Assignment and Assumption of Lease
	Exhibit F	  	Note
	Exhibit G	  	Transition Services Agreement

 ESCROW AGREEMENT 

THIS ESCROW AGREEMENT (this “Escrow Agreement”) dated this 3rd day of December, 2012 (the “Effective Date”), is
entered into by and among PHOTOP TECHNOLOGIES, INC., a California corporation (“Buyer”), OCLARO, INC., a Delaware corporation (“Seller”) and Wilmington Trust, a national banking association, as escrow
agent (the “Escrow Agent” and, together with Buyer and Seller, sometimes referred to individually as a “Party” and collectively as the “Parties”). 

WITNESSETH: 

WHEREAS, Buyer, certain of its affiliates, Seller and certain of Seller’s subsidiaries have entered into an Asset Purchase Agreement
dated as of November 19, 2012, (as the same has been or may be amended, modified or supplemented from time to time, the “Asset Purchase Agreement”) wherein Buyer and Seller agreed to consummate the sale of substantially all of
the assets, and certain specified liabilities, of the Business (as this term is defined in the Asset Purchase Agreement) to Buyer; and 
 WHEREAS, the Asset Purchase Agreement provides that the Escrow Amount (as defined below) shall serve as Buyer’s recourse with respect to any indemnification claims pursuant to the Asset Purchase
Agreement, and shall be disbursed in accordance with the terms hereof; and 
 WHEREAS, the Parties desire to set forth herein
the terms and conditions of this Escrow Agreement. 
 NOW, THEREFORE, in consideration of the agreements of the Parties
contained in this Escrow Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows with the intent to be legally bound hereby: 

ARTICLE 1 
 ESCROW
AMOUNT 
 Section 1.1. Escrow Amount. The Asset Purchase Agreement requires that Buyer pay, on or before January 15, 2013, the
sum of One Million Dollars ($1,000,000.00) (the “Escrow Amount”), in immediately available funds, into an account designated by the Escrow Agent, which shall be held and distributed in accordance with the terms of this Escrow
Agreement. 
 Section 1.2. Appointment of Agent. Buyer and Seller hereby appoint the Escrow Agent as their agent to hold the Escrow
Amount in escrow, and to administer the disposition of, the Escrow Amount in accordance with the terms of this Escrow Agreement, and the Escrow Agent accepts such appointment. 
 Section 1.3. Receipt of Escrow Amount. As soon as practicable after the deposit of the Escrow Amount by Buyer pursuant to Section 1.1, the Escrow Agent shall acknowledge receipt of the
Escrow Amount. The Escrow Amount will be held and disbursed by the Escrow Agent in accordance with the terms hereof. 

  
 2 

 Section 1.4. Investments. 

(a) The Escrow Agent shall invest the Escrow Amount, including any and all interest and investment income, in accordance with the written
instructions provided to the Escrow Agent and signed by the Buyer and Seller. In the absence of joint written investment instructions from Buyer and Seller, the Escrow Agent shall deposit and invest the Escrow Amount, including any and all interest
and investment income, in the Wilmington Trust Money Market Funds, which is further described herein on Exhibit A. Any investment earnings and income on the Escrow Amount shall become part of the Escrow Amount, and shall be disbursed in
accordance with Section 1.5 of this Escrow Agreement 
 (b) The Escrow Agent is hereby authorized and directed to sell or
redeem any such investments as it deems necessary to make any payments or distributions required under this Escrow Agreement. The Escrow Agent shall have no responsibility or liability for any loss which may result from any investment or sale of
investment made pursuant to this Escrow Agreement. The Escrow Agent is hereby authorized, in making or disposing of any investment permitted by this Escrow Agreement, to deal with itself (in its individual capacity) or with any one or more of its
affiliates, whether it or any such affiliate is acting as agent of the Escrow Agent or for any third person or dealing as principal for its own account. The Parties acknowledge that the Escrow Agent is not providing investment supervision,
recommendations, or advice. 
 Section 1.5. Disbursements from the Escrow Amount. Subject to and in accordance with the terms and
conditions of the Asset Purchase Agreement and this Escrow Agreement, Buyer shall be entitled to a distribution from the Escrow Amount for any amount due to it for any and all claims made by Buyer, or any other Buyer Indemnitee, against Seller in
accordance with Article VI of the Asset Purchase Agreement. Any such distribution referenced in this Section 1.5 shall only be made in compliance with the provisions of Sections 1.6 and 1.8 below. 

Section 1.6. Claims Against Escrow Amount and Objections. 
 (a) In the event that Buyer believes that it is entitled, pursuant to Article VI of the Asset Purchase Agreement, to a distribution of a portion of the Escrow Amount (a “Claim”), then
Buyer shall deliver written notice (a “Claim Notice”) to the Escrow Agent and Seller, which Claim Notice shall describe the Claim in reasonable detail, shall include copies of all material written evidence thereof and shall indicate
the estimated amount, if reasonably practicable, of the Loss (as defined in the Asset Purchase Agreement) that has been or may be sustained by the Indemnified Party. 

(b) Upon receipt of a Claim Notice from the Buyer, the Escrow Agent shall (i) immediately notify the Buyer and
Seller via electronic mail that it has received such Claim Notice, and (ii) unless Escrow Agent receives a Dispute Notice (as defined below), proceed with such payment to the Buyer as set forth and in accordance with the Claim Notice on the
date specified therein for payment (the “Payment Date”), which Payment Date shall be the twenty first
(21st) calendar day after the Escrow Agent’s
receipt of the Claim Notice. 

  
 3 

 (c) If Seller disputes such Claim, then Seller shall, prior to the Payment Date, deliver
written notice to such effect including, a reasonably detailed description of the basis for such objection (a “Dispute Notice”), to the Escrow Agent. 
 (d) In the event that Seller provides the Escrow Agent with a Dispute Notice in accordance herewith, Seller and Buyer shall, during the twenty (20) calendar day period after delivery of the Dispute
Notice, negotiate in good faith to resolve such dispute and any resolution agreed upon by Seller and Buyer in writing shall become conclusive and binding on the Parties. During such twenty (20) calendar day period Buyer shall allow Seller and
Seller’s professional advisors to investigate the matter or circumstance alleged to give rise to the Claim, and whether and to what extent any amount is payable in respect of the Claim and Buyer shall assist Seller’s investigation by
giving such information and assistance (including access to Buyer’s premises and personnel and the right to examine and copy any accounts, documents or records) as Seller or any of its professional advisors may reasonably request. If the matter
has not been resolved during such twenty (20) calendar day period (or a mutually-agreed extension), after delivery of the Dispute Notice, either Buyer or Seller may, in its discretion, commence a proceeding in a court of competent jurisdiction
in accordance with Section 7.10 of the Asset Purchase Agreement. All negotiations pursuant to this Section 1.6(d) will be confidential and treated as compromise and settlement negotiations for purposes of all similar rules and codes of
evidence of applicable legislation and jurisdictions. 
 (e) If the Escrow Agent does not receive a Dispute Notice by 11:59 p.m.
pacific time on the day prior to the Payment Date, then the Escrow Agent will pay the amount specified in such Claim Notice to Buyer on the Payment Date. 
 (f) If the Escrow Agent receives a Dispute Notice prior to the Payment Date, then the Escrow Agent will take no action on account of such Claim until it receives: 

(i) a joint-written notice executed by Buyer and Seller indicating the amount, if any, agreed upon by Buyer and
Seller that is due with respect to such Claim, whereupon the Escrow Agent will pay the amount specified in such notice (if any) as specified therein on the third (3rd) Business Day after receipt of such written notice; or 

(ii) a copy of a final order of a court of competent jurisdiction adjudicating Buyer or Seller rights to receive
payment from the Escrow Amount in accordance with the Asset Purchase Agreement, whereupon the Escrow Agent will pay the amount specified in such order from the Escrow Amount as specified therein on the third (3rd) Business Day after receipt of such final order. 

Section 1.7. Income Tax Allocation and Reporting. 
 (a) At the time of or prior to execution of this Escrow Agreement, any Party providing a tax identification number for tax reporting purposes shall provide to the Escrow Agent a completed IRS Form W-9,
and every individual executing this Escrow Agreement on behalf of such Party shall provide to the Escrow Agent a copy of a driver’s license, passport or other form of photo identification acceptable to the Escrow Agent. The Parties agree to
provide to the Escrow Agent such organizational documents and documents establishing the authority of any individual acting in a representative capacity as the Escrow Agent may require in order to comply with its established practices, procedures
and policies. 

  
 4 

 (b) For tax purposes, interest and other income from all investments and reinvestments of
the Escrow Amount shall be allocated and reported to Buyer. Buyer agrees to provide the Escrow Agent with a certified tax identification number by signing and returning a IRS Form W-9 to the Escrow Agent prior to the date on which any interest and
other income earned on the investment and reinvestment of the Escrow Amount is credited to such Escrow Amount. Seller shall provide its certified tax identification number to the Escrow Agent on IRS Form W-9, properly completed and signed, prior to
any distribution of the Escrow Amount. 
 Section 1.8. Payment of Escrow Amount. If the Escrow Agent has received, on or prior to
11:59 p.m. pacific time on December 31, 2013, and in accordance with Section 1.6 of this Escrow Agreement, one or more Claim Notice(s) with respect to any Claims which have not been finally settled, then the Escrow Agent will
(i) retain an amount equal to the lesser of the aggregate of the amounts specified in all such Claim Notices or the entire Escrow Amount pending final settlement of all such Claims in accordance with Section 1.6 above, and
(ii) disburse to Seller on the first Business Day following December 31, 2013, the Escrow Amount less the amount so retained (if any) with respect to such Claims pending such final settlement. Upon the final settlement of each Claim
in accordance with Section 1.6 above, the Escrow Agent will disburse to Buyer the portion (if any) of the Escrow Amount to which it is entitled pursuant to such Section 1.6 and disburse the remainder (if any) of the amount so retained
pursuant to this Section 1.8 to Seller. 
 ARTICLE 2 
 DUTIES OF THE ESCROW AGENT 
 Section 2.1. Scope of Responsibility. Notwithstanding any
provision of the Asset Purchase Agreement to the contrary, the Escrow Agent is obligated to perform only the duties specifically set forth in this Escrow Agreement, which shall be deemed purely ministerial in nature. Under no circumstances will the
Escrow Agent be deemed to be a fiduciary to Buyer or Seller or any other person under this Escrow Agreement. The Escrow Agent will not be responsible or liable for the failure of any Party (other than the Escrow Agent, as set forth below) to perform
in accordance with this Escrow Agreement. The Escrow Agent shall neither be responsible for, nor chargeable with, knowledge of the terms and conditions of any other agreement, instrument, or document other than this Escrow Agreement; and the Escrow
Agent shall have no duty to know or inquire as to the performance or nonperformance of any provision of any such agreement, instrument, or document. References in this Escrow Agreement to any other agreement, instrument, or document are for the
convenience of the Parties, and the Escrow Agent has no duties or obligations with respect thereto. This Escrow Agreement sets forth all matters pertinent to the Escrow Amount, and no additional obligations of the Escrow Agent shall be inferred or
implied from the terms of this Escrow Agreement or any other agreement. 

  
 5 

 Section 2.2. Reliance. The Escrow Agent shall not be liable for any action taken or not taken by
it in accordance with the terms and conditions of this Escrow Agreement or the joint direction or joint consent of Buyer and Seller. The Escrow Agent shall not be liable for acting or refraining from acting upon any notice, request, consent,
direction, requisition, certificate, order, affidavit, letter, or other paper or document believed by it to be genuine and correct and to have been signed or sent by the proper person or persons, without further inquiry into the person’s or
persons’ authority. Concurrent with the execution of this Escrow Agreement, the Buyer and Seller shall deliver to the Escrow Agent authorized signers’ forms in the form of Exhibit C-1 and Exhibit C-2 to this Escrow Agreement.

 Section 2.3. No Financial Obligation. No provision of this Escrow Agreement shall require the Escrow Agent to risk or advance its
own funds or otherwise incur any financial liability or potential financial liability in the performance of its duties or the exercise of its rights under this Escrow Agreement. 

ARTICLE 3 

PROVISIONS CONCERNING THE ESCROW AGENT 
 Section 3.1. Indemnification. Buyer and Seller, jointly and severally, shall indemnify, defend and hold harmless the Escrow Agent from and against any and all loss, liability, cost, damage and
expense, including, without limitation, reasonable attorneys’ fees and expenses or other reasonable professional fees and expenses which the Escrow Agent may suffer or incur by reason of any action, claim or proceeding brought against the
Escrow Agent, arising out of or relating in any way to this Escrow Agreement or any transaction to which this Escrow Agreement relates, unless such loss, liability, cost, damage or expense arises out of the willful misconduct or gross negligence of
the Escrow Agent. The provisions of this Section 3.1 shall survive the resignation or removal of the Escrow Agent and the termination of this Escrow Agreement. The liability of under this Section 3.1 shall be limited to the Escrow Amount.

 Section 3.2. Resignation or Removal of Escrow Agent. The Escrow Agent may resign by furnishing written notice of its resignation
to Buyer and Seller, and Buyer and Seller may remove the Escrow Agent by furnishing to the Escrow Agent a joint written notice of its removal. Such resignation or removal, as the case may be, shall be effective thirty (30) days after the
delivery of such notice or upon the earlier appointment of a successor by Buyer and Seller, and the Escrow Agent’s sole responsibility thereafter shall be to safely keep the Escrow Amount and to deliver the same in accordance with instructions
from Buyer and Seller. If Buyer and Seller have failed to appoint a successor escrow agent prior to the expiration of thirty (30) days following the delivery of such notice of resignation or removal, the Escrow Agent may petition any court of
competent jurisdiction for the appointment of a successor escrow agent or for other appropriate relief, and any such resulting appointment shall be binding upon Buyer and Seller. 
 Section 3.3. Compensation. The Escrow Agent shall be entitled to compensation to be paid for its services rendered in accordance with this Escrow Agreement as set forth on Exhibit B.
Buyer and Seller shall each pay half of such compensation. 

  
 6 

 Section 3.4. Disagreements. If any conflict, disagreement or dispute arises between, among, or
involving any of the Parties concerning the meaning or validity of any provision hereunder or concerning any other matter relating to this Escrow Agreement, or if the Escrow Agent is in doubt as to the action to be taken hereunder, the Escrow Agent
may, in its reasonable discretion, retain the Escrow Amount until the Escrow Agent (a) receives a final order of a court of competent jurisdiction directing delivery of the Escrow Amount in accordance with Section 1.6(f)(ii), or
(b) receives a written agreement executed by Buyer and Seller directing delivery of the Escrow Amount, in which event the Escrow Agent shall be authorized to disburse the Escrow Amount in accordance with such final order or agreement. The
Escrow Agent shall be entitled to act on any such agreement or order without further question, inquiry, or consent. 
 Section 3.5.
Merger or Consolidation. Any corporation or association into which the Escrow Agent may be converted or merged, or with which it may be consolidated, or to which it may sell or transfer all or substantially all of its corporate trust business
and assets as a whole or substantially as a whole, or any corporation or association resulting from any such conversion, sale, merger, consolidation or transfer to which the Escrow Agent is a party, shall be and become the successor escrow agent
under this Escrow Agreement and shall have and succeed to the rights, powers, duties, immunities and privileges as its predecessor, without the execution or filing of any instrument or paper or the performance of any further act. 

Section 3.6. Attachment of Escrow Amount; Compliance with Legal Orders. In the event that any portion of the Escrow Amount shall be
attached, garnished or levied upon by any court order, or the delivery thereof shall be stayed or enjoined by an order of a court, or any order, judgment or decree shall be made or entered by any court order affecting the Escrow Amount, the Escrow
Agent is hereby expressly authorized, in its reasonable discretion, to respond to or to comply with, all writs, orders or decrees so entered or issued, or which it is advised by legal counsel of its own choosing is binding upon it, whether with or
without jurisdiction. In the event that the Escrow Agent obeys or complies with any such writ, order or decree it shall not be liable to Buyer or Seller, or to any other person, firm or corporation, should, by reason of such compliance
notwithstanding, such writ, order or decree be subsequently reversed, modified, annulled, set aside or vacated. 
 ARTICLE
4 
 MISCELLANEOUS 

Section 4.1. Capitalized Terms. Undefined capitalized terms used in this Escrow Agreement shall have the meanings given to them in the Asset
Purchase Agreement. 
 Section 4.2. Successors and Assigns. This Escrow Agreement shall be binding on and inure to the benefit of
the Parties and their respective successors and permitted assigns. No other persons shall have any rights under this Escrow Agreement. No assignment of the interest of any of the Parties shall be binding unless and until written notice of such
assignment shall be delivered to the other Party or Parties, and shall require the prior written consent of the other Party or Parties (such consent not to be unreasonably withheld, conditioned or delayed). 

  
 7 

 Section 4.3. Notices. 
 All notices and other communications hereunder shall be in writing and shall be deemed given (a) when delivered personally, (b) on the second succeeding Business Day after being mailed by
registered or certified mail or (c) on the next succeeding Business Day after being sent by a nationally recognized overnight delivery service to the appropriate Party at its address below (or at such other address for such Party as shall be
specified by written notice by such Party). In the case of communications delivered to the Escrow Agent, such communications shall be deemed to have been given on the date received by the Escrow Agent. 

If to Buyer: 

Photop Technologies, Inc. 
 c/o II-VI Incorporated 
 375 Saxonburg Boulevard 

Saxonburg, PA 16056 
 Attention: Craig A Creaturo, Treasurer and Chief Financial Officer 

Tel: (724) 352-4455 
 Fax: (724) 352-5284 
 With a copy to: 

Robert D. German, Esquire 
 Sherrard, German and Kelly, P.C. 
 Two PNC
Plaza, 28th Floor 

Pittsburgh, Pennsylvania 15222 
 Tel: (412) 355-0200 
 Fax: (412) 261-6221 

If to Seller: 

Oclaro, Inc. 
 2584 Junction Ave. 
 San Jose, CA 95134 

Fax: (408) 904-4913 
 Attention: General Counsel 
 With a copy to: 

1. Jones Day 
 2. 1755 Embarcadero Road 
 3. Palo Alto, CA 94303 

4. Fax: (650) 739-3900 
 5. Attention: Robert T. Clarkson 
 6. Kevin B. Espinola

  
 8 

 If to the Escrow Agent: 

Wilmington Trust, N.A. 
 Institutional Client Services 
 650 Town Center Drive, Suite #600

 Costa Mesa, CA 92660 

Phone: (714) 384-4162 
 Facsimile: (714) 384-4150 
 Section 4.4. Governing Law. This Escrow Agreement
shall be governed by and construed in accordance with the laws of the State of California, without giving effect to any conflict of law provisions or rules. 
 Section 4.5. Entire Agreement. This Escrow Agreement, together with the Asset Purchase Agreement, sets forth the entire agreement and understanding of the Parties related to the Escrow Amount.

 Section 4.6. Amendment. This Escrow Agreement may be amended, modified, superseded, rescinded, or canceled only by a written
instrument executed by the Parties. 
 Section 4.7. Waivers. The failure of any Party to this Escrow Agreement at any time or times
to require performance of any provision under this Escrow Agreement shall in no manner affect the right at a later time to enforce the same performance. A waiver by any Party to this Escrow Agreement of any such condition or breach of any term,
covenant, representation, or warranty contained in this Escrow Agreement, in any one or more instances, shall neither be construed as a further or continuing waiver of any such condition or breach nor a waiver of any other condition or breach of any
other term, covenant, representation, or warranty contained in this Escrow Agreement. 
 Section 4.8. Termination. This Escrow
Agreement shall terminate upon the disbursement by the Escrow Agent of all of the Escrow Amount in accordance with this Escrow Agreement. 

Section 4.9. Headings. Section headings of this Escrow Agreement have been inserted for convenience of reference only and shall in no way
restrict or otherwise modify any of the terms or provisions of this Escrow Agreement. 
 Section 4.10. Counterparts. This Escrow
Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to be an original, and such counterparts shall together constitute one and the same instrument. A signed copy of this Escrow Agreement delivered by
facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Escrow Agreement. 
 [SIGNATURE PAGE FOLLOWS] 

  
 9 

 IN WITNESS WHEREOF, this Escrow Agreement has been duly executed as of the date first
written above. 
  

			
	 BUYER:

	
	 Photop Technologies, Inc.

a California corporation

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 SELLER:

	
	 OCLARO, INC.,

a Delaware corporation

		
	 By:
	 	  

	 Name: Jerry Turin

	 Title:   Chief Financial Officer

	
	 ESCROW AGENT:

	
	 WILMINGTON TRUST, N.A.

		
	 By:
	 	  

	 Name: Jeffrey B. Kassels

	 Title:   Vice President

  
 [signature
page to Escrow Agreement] 

 EXHIBIT A 
 Agency and Custody Account Direction 
 For Cash Balances 

Wilmington Trust Money Market Funds 
 Direction to use the following Wilmington Trust Money Market Funds for Cash Balances for the escrow account or accounts (the “Account”) established under the Escrow Agreement to which this
Exhibit A is attached. 
 You are hereby directed to deposit, as indicated below, or as I shall direct further in writing from time to time, all
cash in the Account in the following money market fund account of Wilmington Trust, National Association: 
  

	X	Wilmington Prime Money Market Fund 

 Wilmington Tax-Exempt Money Market Fund 
 Wilmington U.S. Government
Money Market Fund 
 We acknowledge that shares in this mutual fund are not obligations of Wilmington Trust, National Association or any of
its affiliates, are not deposits and are not insured by the FDIC. Escrow Agent or its affiliate may be compensated by the mutual fund for services rendered in its capacity as investment advisor, or other service provider, such as provider of
shareholder servicing and distribution services, and such compensation is both described in detail in the prospectus for the fund, and is in addition to the compensation, if any, paid to Wilmington Trust, National Association in its capacity as
Escrow Agent hereunder. 
 We acknowledge that we have full power to direct investments of the Account. 

We understand that we may change this direction at any time and that it shall continue in effect until revoked or modified by us by written notice to
you. 
  

	
	  

	 Authorized Representative
 [BUYER]
  

	Date
	  

	 Authorized Representative

[SELLER]
  

	  

	Date 

 EXHIBIT B 
 Wilmington Trust, N.A. 
 Corporate Trust Services 

Fee Schedule for Escrow Agent for the 
 Project Chardonnay 
  

			
	Escrow Agent and Acceptance Fee:	 	*WAIVED*

 Initial Fees as they relate to Wilmington Trust acting in the capacity of Escrow Agent- includes creation and examination
of the Escrow Agreement; acceptance of the Escrow appointment; setting up Escrow Account(s) and accounting records; and coordination of receipt of funds for deposit to the Escrow Account. 
 Acceptance Fee payable at time of Escrow Agreement execution. 
  

			
	Escrow Agent Administrative Fee:	 	$2,500.00

 For annual administration services by Escrow Agent- includes daily routine account management; investment transactions;
cash transaction processing (including wires and check processing); monitoring claim notices pursuant to the agreement; disbursement of the funds in accordance with the agreement; and delivery of trust account statements to all applicable parties.

 Tax reporting is included for up to Five (5) entities. Should additional reporting be necessary, a $25 per reporting charge will be
assessed. 
 All above fees are payable in advance, with the first installment due at the time of Escrow Agreement execution. Fee will not be
prorated in case of early termination. 
 Wilmington Trust’s bid is based on the following assumptions: 

 

	 	•	 	 Number of Escrow Accounts to be established: One (1) 

  

	 	•	 	 Number of Deposits to Escrow Account: Not more than One (1) 

 

	 	•	 	 Number of Withdrawals from Escrow Fund: Not more than Two (2) 

 

	 	•	 	 Escrow Term: Not more than Two (2) year(s) 

  

	 	•	 	 This fee schedule assumes that balances in the escrow account will be un-invested cash or held in the Wilmington Trust, N.A. money market funds

  

	 	•	 	 All funds will be received from our distributed to a domestic or an approved foreign entity 

 

	 	•	 	 If the account(s) does not open within three (3) months of the date shown below, this proposal will be deemed null and void.

			
	Out-of Pocket Expenses:	 	At Cost

 We only charge for out-of-pocket expenses in response to specific tasks assigned by the client. Therefore, we cannot
anticipate what specific out-of –pocket items will be needed or what corresponding expenses will be incurred. Possible expenses would be, but not limited to, express mail and messenger charges, travel expenses to attend closing or other
meeting. There are no charges for indirect out-of-pocket expenses. 
  

	*	This fee schedule is based upon the assumptions listed above which pertain to the responsibilities and risks involved in Wilmington Trust, N.A. undertaking the role of
Escrow Agent. These assumptions are based on information provided to us as of the date of this fee schedule. Our fee schedule is subject to review and acceptance of the final documents. Should any of the assumptions duties or responsibilities
change, we reserve the right to affirm, modify or rescind our fee schedule. 

 Date: November 5, 2012 

 EXHIBIT C-1 
 Certificate as to Authorized Signatures 
 • The specimen signatures shown below are
the specimen signatures of the individuals who have been designated as authorized representatives of Photop Technologies, Inc. and are authorized to initiate and approve transactions of all types for the escrow account or accounts established under
the Escrow Agreement to which this Exhibit C-1 is attached, on behalf of the Buyer. 
  

					
	 Name / Title / Phone Number
	 	  	  	 Specimen Signature

	  
	 		  	  

	 Name
	 		  	Signature
	  
	 		  	
	Title	 		  	
	  
	 		  	
	 Phone Number
	 		  	
	  
	 		  	  

	 Name
	 		  	Signature
	  
	 		  	
	Title	 		  	
	  
	 		  	
	 Phone Number
	 		  	
	  
	 		  	  

	 Name
	 		  	Signature
	  
	 		  	
	Title	 		  	
	  
	 		  	
	Phone Number	 		  	

 EXHIBIT C-2 
 Certificate as to Authorized Signatures 
 • The specimen signatures shown below are
the specimen signatures of the individuals who have been designated as authorized representatives of Oclaro, Inc. and are authorized to initiate and approve transactions of all types for the escrow account or accounts established under the Escrow
Agreement to which this Exhibit C-2 is attached, on behalf of the seller. 
  

					
	 Name / Title / Phone Number
	 	  	 	 Specimen Signature

			
	 Jerry Turin
 Name
	 	  	 	      

Signature

			
	 Chief Financial Officer
 Title
	 		 	
	  
	 		 	
	Phone Number	 		 	
	  
	 		 	  

	Name	 		 	Signature
	  
	 		 	
	Title	 		 	
	  
	 		 	
	Phone Number	 		 	

 BILL OF SALE 
 THIS BILL OF SALE dated as of December 3, 2012 (this “Bill of Sale”), is entered into by and between Oclaro, Inc., a Delaware corporation (together with Oclaro (North America), Inc.,
a Delaware corporation, Oclaro Technology, Inc., a Delaware corporation, and Oclaro Technology Ltd., a U.K. corporation, collectively, “Seller”) and Photop Technologies, Inc., a California corporation and Photop Koncent, Inc.
(FuZhou), a company organized under the laws of People’s Republic of China (collectively, “Buyer”). Unless otherwise defined herein, capitalized terms used in this Bill of Sale shall have the meanings assigned to them in the
Asset Purchase Agreement referred to below. 
 W I T N E S S E T H: 

WHEREAS, Seller and Buyer are parties to that certain Asset Purchase Agreement Agreement, dated as of November 19, 2012 (the
“Asset Purchase Agreement”); and 
 WHEREAS, as required by the Asset Purchase Agreement, Seller desires to
execute and deliver this Bill of Sale to Buyer; 
 NOW, THEREFORE, in consideration of the mutual promises, covenants and
agreements set forth herein and in the Asset Purchase Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties agree as follows:

 ARTICLE I EFFECTIVE AS OF THE DATE
HEREOF, SELLER HEREBY GRANTS, BARGAINS, SELLS, ASSIGNS, TRANSFERS, CONVEYS AND
DELIVERS UNTO BUYER, ITS SUCCESSORS AND ASSIGNS, TO HAVE AND TO HOLD FOREVER, AND BUYER HEREBY
ACQUIRES AND ACCEPTS FROM SELLER, ALL OF SELLER’S RIGHT, TITLE
AND INTEREST IN AND TO ALL OF THE PURCHASED ASSETS, EXCLUDING ANY
INTANGIBLE ASSETS. 
 ARTICLE II THE TERMS
OF THE ASSET PURCHASE AGREEMENT, INCLUDING WITHOUT LIMITATION SELLER’S
REPRESENTATIONS, WARRANTIES, COVENANTS, AGREEMENTS AND INDEMNITIES CONTAINED THEREIN, ARE
INCORPORATED HEREIN BY THIS REFERENCE. SELLER ACKNOWLEDGES AND AGREES THAT THE
REPRESENTATIONS, WARRANTIES, COVENANTS, AGREEMENTS AND INDEMNITIES CONTAINED IN THE ASSET
PURCHASE AGREEMENT SHALL NOT BE SUPERSEDED BY THIS BILL OF SALE BUT
SHALL REMAIN IN FULL FORCE AND EFFECT TO THE FULL EXTENT PROVIDED
THEREIN. IN THE EVENT THAT ANY PROVISION OF THIS BILL OF SALE
SHALL BE CONSTRUED TO CONFLICT WITH A PROVISION IN THE ASSET PURCHASE
AGREEMENT, THE PROVISION IN THE ASSET PURCHASE AGREEMENT SHALL BE DEEMED
TO BE CONTROLLING. 

 ARTICLE III SELLER FOR
ITSELF, ITS SUCCESSORS AND ASSIGNS, HEREBY COVENANTS AND AGREES THAT, AT
ANY TIME AND FROM TIME TO TIME UPON THE WRITTEN REQUEST OF
BUYER, SELLER WILL DO, EXECUTE, ACKNOWLEDGE AND DELIVER OR CAUSE TO
BE DONE, EXECUTED, ACKNOWLEDGED AND DELIVERED, ALL SUCH FURTHER ACTS, DEEDS,
ASSIGNMENTS, TRANSFERS, CONVEYANCES, POWERS OF ATTORNEY AND ASSURANCES AS MAY BE
REASONABLY REQUIRED BY BUYER IN ORDER TO ASSIGN, TRANSFER, SET OVER,
CONVEY, ASSURE AND CONFIRM UNTO AND VEST IN BUYER, ITS SUCCESSORS AND
ASSIGNS, TITLE TO THE PURCHASED ASSETS, EXCLUDING ANY INTANGIBLE ASSETS, SOLD,
CONVEYED AND TRANSFERRED BY THIS BILL OF SALE. 

ARTICLE IV THIS BILL OF SALE SHALL
BE BINDING UPON AND SHALL INURE TO THE BENEFIT OF THE PARTIES
HERETO AND THEIR RESPECTIVE SUCCESSORS AND PERMITTED ASSIGNS. 

ARTICLE V THIS BILL OF SALE SHALL
BE GOVERNED BY AND CONSTRUED ACCORDANCE WITH THE LAWS OF THE STATE
OF CALIFORNIA, WITHOUT GIVING EFFECT TO ANY CHOICE OR CONFLICT OF LAW
PROVISION OR RULE. 

  
 2 

 ASSIGNMENT AND ASSUMPTION AGREEMENT 

THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (the “Agreement”), effective as of December 3, 2012 (the
“Effective Date”), is by and between Oclaro, Inc., a Delaware corporation (together with Oclaro (North America), Inc., a Delaware corporation, Oclaro Technology, Inc., a Delaware corporation, and Oclaro Technology Ltd., a U.K.
corporation, collectively, “Seller”) and Photop Technologies, Inc., a California corporation and Photop Koncent, Inc. (FuZhou), a company organized under the laws of People’s Republic of China (collectively,
“Buyer”) and II-VI Incorporated, a Pennsylvania corporation (“Parent”).  
 WITNESSETH:

 WHEREAS, Seller, Buyer and Parent have entered into that certain Asset Purchase Agreement, dated as of November 19, 2012
(the “Purchase Agreement”), pursuant to which, among other things, Seller has agreed to assign all of its rights, title and interests in, and Buyer has agreed to assume all of Seller’s right, title, interest and obligations
under, the Purchased Assets and the Assumed Liabilities (as defined in the Purchase Agreement). 
 NOW, THEREFORE, in
consideration of the mutual covenants, terms and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties agree as
follows: 
 1. Definitions. All capitalized terms used in this Agreement but not otherwise defined herein are given the
meanings set forth in the Purchase Agreement. 
 2. Assignment and Assumption. As of the Effective Date hereof, Seller
hereby sells, assigns, grants, conveys and transfers to Buyer all of Seller’s right, title, interest and obligations under and to the Purchased Assets and the Assumed Liabilities. Buyer hereby accepts such assignment and assumes all of
Seller’s right, title, interest and obligations under the Purchased Assets and Assumed Liabilities, and agrees to pay, perform and discharge, as and when due, all of the obligations of Seller under the Assumed Liabilities accruing on and after
the Effective Date. Notwithstanding anything to the contrary contained in this Agreement or in the Purchase Agreement, Buyer does not assume or agree to pay or perform any Excluded Liabilities, which shall remain liabilities of Seller and be timely
observed, performed, paid, satisfied and discharged by Seller. 

 3. Terms of the Purchase Agreement. The terms of the Purchase Agreement, including,
but not limited to, the representations, warranties, covenants, agreements and indemnities set forth therein are incorporated herein by this reference. The parties hereto acknowledge and agree that the representations, warranties, covenants,
agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the
Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern. 
 4. Governing Law. This
Agreement shall be governed by and construed in accordance with the laws of the State of California, without giving effect to any choice or conflict of law provision or rule. 
 5. Successor and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. 

6. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which
together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy
of this Agreement. 
 7. Further Assurances. Each of the parties hereto shall execute and deliver, at the reasonable
request of the other party hereto, such additional documents, instruments, conveyances and assurances and take such further actions as such other party may reasonably request to carry out the provisions hereof and give effect to the transactions
contemplated by this Agreement. 
 [SIGNATURE PAGE FOLLOWS] 

  
 2 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the date
first written above by their respective officers thereunto duly authorized. 
  

			
	 OCLARO, INC.

		
	 By
	 	  

	 Name: Jerry Turin

Title: Chief Financial Officer

	
	 OCLARO (NORTH AMERICA), INC.

		
	 By
	 	  

	 Name: Jerry Turin

Title: Chief Executive Officer

	
	 OCLARO TECHNOLOGY, INC.

		
	 By
	 	  

	 Name: Jerry Turin

Title: Treasurer

	
	 OCLARO TECHNOLOGY LTD.

		
	 By
	 	  

	 Name: Jerry Turin

Title: Director

	
	
Witnessed By:                      
                                   

Name:
 Title:

Address:

	
	 PHOTOP TECHNOLOGIES, INC.

		
	 By
	 	  

	 Name:

Title:

  
 [signature
page to Assignment and Assumption Agreement] 

  

			
	 PHOTOP KONCENT, INC.

		
	 By
	 	  

	 Name:

Title:

	
	 II-VI INCORPORATED

		
	 By
	 	  

	 Name:

Title:

  
 [signature
page to Assignment and Assumption Agreement] 

 ASSIGNMENT 

WHEREAS, Oclaro Technology Ltd., a U.K. Corporation, having a place of business at 2560 Junction Ave. San Jose, CA 95134, hereinafter
“assignor”, is the sole and exclusive owner of the patents and the trademark set forth in Exhibit A attached hereto (“Patents and Trademark”). 
 AND, WHEREAS, II-VI Incorporated, a Pennsylvania corporation, having a place of business at 375 Saxonburg Boulevard, Saxonburg, Pennsylvania 16056, hereinafter “assignee”, is desirous of
acquiring the entire right, title, and interest in and to the Patents, and the inventions therein claimed, and the Trademark, together with the goodwill of the business symbolized by said Trademark. 

NOW, THEREFORE, for good and valuable consideration paid to assignor by assignee, the receipt of which is hereby acknowledged, assignor
hereby assigns, sells and transfers to assignee and its successors and assigns the full and exclusive right, title and interest in and to the Patents, and the inventions therein claimed, and the Trademark, together with the goodwill of the business
symbolized by said Trademark, in the United States of America and throughout the world. 
 This Assignment shall be binding upon
assignor and its successors and assigns and shall inure to the benefit of assignee and its successors and assigns. 
  

			
	Oclaro Technology Ltd.	 	
		
	By:
                                         
                           	 	Date: December 3,
2012                        
	  
 Name: Jerry Turin

 
 Title: Director

 
 Witnessed By:
 Name:
 Title:
 Address:
  
 STATE of
                )
  
 COUNTY of             )
	 	

 On this
                         day of
                         , in the year
                            , before me        
                                , 

                    
Day                             Month
                                    Year
                                    Notary Public Name

															
		
	 a notary public, personally appeared
	  	                       
                                         
                                         
                                 ,
		  	Name Of Document Signer

 proved on the basis of satisfactory evidence to be the person whose name is subscribed to this instrument, and
acknowledged he/she executed the same. Witness my hand and official seal. 
  

					
			
		  		  	     
	NOTARY SEAL	  		  	NOTARY PUBLIC

  
 Page 1 of 1

 Exhibit A of Assignment 

Patents 
 1. US 7,602,545; UK: 2438447 
 2. US 6,791,758 

3. US 6,798,553 
 4. US 6,736,943 
 5. US 6,896,949 

Trademark 
 POWERMUX, Registration Number 2606096 

 LEASE ASSIGNMENT 

THIS LEASE ASSIGNMENT (“Agreement”), is made as of the 3rd day of December, 2012 (the “Effective Date”) among 3600 WESTWIND, LLC (as successor to Woodbay LTD and
Cooperhill Development Corporation) (“Lessor”), OCLARO, INC. (as successor to Bookham (US), Inc., Bookham Technology, Inc., and Cierra Photonics, Inc.) (“Existing Lessee”), and PHOTOP TECHNOLOGIES, INC. (“New Lessee”).

 W I T N E S S E T H: 
 A. Lessor and Existing Lessee are the current lessor and lessee, respectively, under the Lease described on Exhibit A attached hereto (the “Lease”), which covers certain premises containing
33,325 square feet situate at 3600 Westwind Boulevard, Santa Rosa, Sonoma County, California (the “Premises”). 
 B.
On February 15, 2007, Bookham (US), Inc., the lessee of the Premises at that time, entered into a Subordination, Non-Disturbance and Attornment Agreement with LaSalle Bank National Association (the “SNDA”). 

C. As of the Effective Date, Existing Lessee desires to assign the Lease and the SNDA to New Lessee, and New Lessee desires to assume the
Lease and the SNDA, such assignment and assumption to be on the terms and conditions set forth below (the “Assignment and Assumption”). 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements herein and in the Lease contained, and intending to be legally bound, it is hereby agreed as follows: 

D. DEFINED TERMS. Each capitalized term used in this Agreement shall have the same meaning ascribed to such term in the
Lease, unless defined to the contrary in this Agreement. 
 E. ASSIGNMENT AND ASSUMPTION. As of the Effective
Date, Existing Lessee hereby assigns, sells and conveys to New Lessee all of Existing Lessee’s right, title and interest in and to the Lease and the SNDA and New Lessee hereby accepts the foregoing assignment and assumes, becomes liable for,
agrees to pay, discharge, perform or otherwise satisfy in accordance with its terms, all of Existing Lessee’s obligations of any kind or nature under the Lease and the SNDA, but only to the extent the same arise, accrue or relate to the period
from and after the Effective Date through the end of the term of the Lease. 
 F. CONSENT OF LESSOR. Lessor hereby
consents to the assignment of the Lease by Existing Lessee to New Lessee. 
 G. RELEASE BY LESSOR. From and after
the Effective Date, Lessor hereby forever fully, finally and completely releases, remises and discharges Existing Lessee and all present and former affiliates, subsidiaries, shareholders, officers, directors, employees, agents, contractors,
attorneys, legal representatives, successors and assigns of Existing Lessee, of and from all, and all manner of actions and causes of action, suits, debts, penalties, obligations, promises, expenses (including attorney’s fees), bills, liens,
liabilities, dues, accounts, covenants, agreements, judgments, claims and demands whatsoever related in any way to the Premises or the Lease, at law or in equity, or otherwise, to the extent the same arise, accrue or relate to the period from and
after the Effective Date through the end of the term of the Lease. Lessor agrees that it shall have no recourse, claims or rights with respect to New Lessee for events or occurrences prior to the Effective Date. 

  
 1 

 H. NOTICES. All notices to the New Lessee under the Lease shall be made to:

  

			
		  	 Photop Technologies, Inc.
 c/o
II-VI Incorporated
 375 Saxonburg Boulevard
 Saxonburg, PA 16056
 Attention: Craig A Creaturo, Treasurer

and Chief Financial Officer
 Tel: (724)
352-4455
 Fax: (724) 352-5284

		
	with a copy to:            	  	 Robert D. German, Esquire

Sherrard, German & Kelly, P.C.
 28th Floor, Two PNC Plaza

Pittsburgh, Pennsylvania 15222
 Tel: (412)
355-0200
 Fax: (412) 261-6221

 I. EFFECT OF AGREEMENT. As amended by this Agreement, all terms, covenants, conditions, and
provisions of the Lease (i) shall remain in full force and effect and shall continue to govern the rights, duties, and obligations of the parties hereto (subject, however, to Section 4) and (ii) are ratified by Lessor and New Lessee.
This Agreement contains the entire agreement of the parties with respect to the subject matter described herein, and all preliminary negotiations with respect thereto are merged into and superseded by this Agreement. 

J. BROKER. Each party to this Agreement represents to the other parties hereto that it has not retained, contracted or
otherwise dealt with any real estate broker, salesperson or finder in connection with this Agreement, and no such person initiated or participated in the negotiation of this Agreement. The Lessor and Existing Lessee covenant and agree that New
Lessee shall have no obligations or liabilities relating to any commissions or fees arising out of the Lease. 
 K. COMMON
AREA OPERATING EXPENSES ADJUSTMENT. 
 The parties acknowledge and agree that (i) Existing Lessee shall be liable
for Lessee’s share of all calendar year 2012 Common Area Operating Expenses for the period beginning on January 1, 2012 and ending on the Effective Date (the “Pre-Closing Period”) and (ii) New Lessor shall be liable for
Lessee’s Share of all calendar year 2012 Common Area Operating beginning on the day following the Effective Date and ending on December 31, 2012 (the “Post-Closing Period”); 

  
 2 

 To the extent that Existing Lessee paid estimated Common Area Operating Expenses pursuant to
the Lease during the 2012 calendar year that exceeded the Lessee’s Share of Common Area Operating Expenses for the Pre-Closing Period, as set forth on the detailed annual statement of actual expenses prepared by the Lessor (the “Annual
Statement”), New Lessee shall pay to Existing Lessee an amount equal to such excess within thirty (30) days following the date of New Lessee’s receipt of the Annual Statement from Lessor. 

To the extent that Existing Lessee paid estimated Common Area Operating Expenses for the Pre-Closing Period pursuant to the Lease during
the 2012 calendar year that are less than the Lessee’s Share of Common Area Operating Expenses for the Pre-Closing Period, as set forth on the Annual Statement, Existing Lessee shall pay to New Lessee an amount equal to such deficit within
thirty (30) days following Existing Lessee’s receipt from New Lessee of a copy of the Annual Statement. 
 L.
REPRESENTATIONS. Each party hereto represents to the others that it has full power and authority to execute this Agreement. Existing Lessee represents to Lessor and New Lessee that, except for this Agreement, it has not made any
assignment, sublease, transfer, conveyance or other disposition of the Lease or any interest in the Lease or the Premises, and has no knowledge of any existing or threatened claim, demand, obligation, liability, action or cause of action arising
from or in any manner connected with the Lease or the Premises by any other party. 
 M. MISCELLANEOUS. This
Agreement: (a) may be amended only by a writing signed by each of the parties; (b) may be executed in several counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument;
(c) shall be governed by, and construed and enforced in accordance with, the laws of the State of California without giving effect to any conflict of laws rules; and (d) shall be binding upon, and inure to the benefit of, the parties and
their respective heirs, successors and permitted assigns. The waiver by a party of any breach or violation of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach or violation hereof. 

N. EFFECT OF TERMINATION OF PURCHASE AGREEMENT. In the event that Existing Lessee and New Lessee fail to complete their
intended asset purchase transaction pursuant to the Asset Purchase Agreement, which Existing Lessee and New Lessee intend to enter into prior to, concurrently with or as soon as practicable after the date hereof, this Agreement shall thereupon
automatically be null and void, and the Lease shall remain in full force and effect between Lessor and Existing Lessee. 

[SIGNATURE PAGES FOLLOW] 

  
 3 

 [SIGNATURE PAGE 1 OF 1 – LEASE ASSIGNMENT] 

IN WITNESS WHEREOF, this Agreement is executed as of the day and year aforesaid with the intent to be legally bound. 

LESSOR: 
 3600 WESTWIND, LLC

  

			
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 EXISTING LESSEE:

	
	 OCLARO, INC.

		
	 By:
	 	  

	 Name: Jerry Turin

	 Title:   Chief Financial Officer

	
	 NEW LESSEE:

	
	 PHOTOP TECHNOLOGIES, INC.

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

 GUARANTY 

The undersigned, II-VI Incorporated, does hereby unconditionally guarantee and become surety for the full and timely payment and
performance of all obligations and liabilities of Photop Technologies, Inc. under the Lease as defined in and as assumed by it in the foregoing Lease Assignment. This Guaranty shall be binding upon the undersigned, its successors and assigns.

  

			
	II-VI INCORPORATED
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

 CONSENT 

LaSalle Bank National Association hereby consents to the assignment of the Lease and the SNDA by Existing Lessee to the New Lessee,
agrees that it will recognize a New Lessee as the Tenant under the SNDA for all purposes and agrees that it will send copies of all notices to New Lessee under the SNDA to: 

 

			
		  	 Photop Technologies, Inc.
 c/o
II-VI Incorporated
 375 Saxonburg Boulevard
 Saxonburg, PA 16056
 Attention: Craig A Creaturo, Treasurer

and Chief Financial Officer
 Tel: (724)
352-4455
 Fax: (724) 352-5284

		
	with a copy to:            	  	 Robert D. German, Esquire

Sherrard, German & Kelly, P.C.
 28th Floor, Two PNC Plaza

Pittsburgh, Pennsylvania 15222
 Tel: (412)
355-0200
 Fax: (412) 261-6221

 LaSALLE BANK NATIONAL ASSOCIATION 
  

			
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

 ACKNOWLEDGMENT 
 State of California ) 
 County of
              ) 
 On
            , before me,             (here insert name and title of the officer), personally appeared
            , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they
executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

WITNESS my hand and official seal. 
 Signature
            (Seal) 

 ACKNOWLEDGMENT 
 State of California ) 
 County of
              ) 
 On
            , before me,             (here insert name and title of the officer), personally appeared
            , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they
executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

WITNESS my hand and official seal. 
 Signature
            (Seal) 

 ACKNOWLEDGMENT 
 State of California ) 
 County of
              ) 
 On
            , before me,             (here insert name and title of the officer), personally appeared
            , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they
executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

WITNESS my hand and official seal. 
 Signature
            (Seal) 

 ACKNOWLEDGMENT 
 State of California ) 
 County of
              ) 
 On
            , before me,             (here insert name and title of the officer), personally appeared
            , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they
executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

WITNESS my hand and official seal. 
 Signature
            (Seal) 

 ACKNOWLEDGMENT 
 State of California ) 
 County of
              ) 
 On
            , before me,             (here insert name and title of the officer), personally appeared
            , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they
executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

WITNESS my hand and official seal. 
 Signature
            (Seal) 

 EXHIBIT A 

 

	1.	Standard Industrial/Commercial Multi-Tenant Lease-Net, including Addenda #1-#3, the Right of First Refusal to Lease Expansion Space Addendum to Lease and the Standard
Lease Disclosure Addendum, and all exhibits thereto, dated March 1, 2000 between Cooperhill Development Corporation (“Cooperhill”), lessor, and Cierra Photonics, Inc., as lessee (“Cierra”). 

 

	2.	Amendment #1 to the Lease dated February 13, 2001 between Cooperhill and Cierra. 

 

	3.	Amendment #2 to Lease dated October 11, 2002 between Woodbay Ltd. (“Woodbay”) and Cierra. 

 

	4.	Amendment #3 to Lease dated June 30, 2003, between Woodbay, as successor to Cooperhill and as lessor, and Cierra, as lessee. 

 

	5.	Letter Agreement dated December 4, 2003, between Woodbay and Bookham Technology, Inc. (“Bookham Technology”). 

 

	6.	Letter Agreement dated June 1, 2004, between Woodbay and Bookham Technology. 

 

	7.	Extension of Lease dated September 1, 2005, between Woodbay, as lessor, and Bookham (US), Inc. (“Bookham US”), as successor to Bookham Technology,
as lessee. 

  

	8.	Amendment #4 to Lease dated September 23, 2011, between 3600 Westwind, LLC, as successor to Woodbay and Cooperhill and as lessor, and Oclaro, Inc., as
successor to Bookham (US), Bookham Technology and Cierra, and as lessee. 

 PROMISSORY NOTE 

 

			
	 U.S. Dollars $3,000,000.00 Dated:
	 	Dated: December 28, 2012

 The undersigned, II-VI Incorporated, a corporation incorporated under the laws of the State of
Pennsylvania and Photop Koncent, Inc. (FuZhou), a corporation incorporated under the laws of the People’s Republic of China (collectively, the “Borrower”), hereby jointly and severally promises to pay to the order of Oclaro,
Inc (the “Lender”), a company organized under the laws of the State of Delaware, on the terms and subject to the conditions of this Promissory Note (this “Note”), in immediately available funds, the principal sum of
THREE MILLION DOLLARS AND NO CENTS ($3,000,000.00) (the “Principal Amount”), together with interest thereon at the rate provided for herein, on the Maturity Date (as hereinafter defined) in satisfaction of this Note. 

1. Interest Rate; Interest Periods. Interest shall accrue on any outstanding portion of the Principal Amount at a rate of
2% per annum. 
 2. Maturity Date. “Maturity Date” shall mean January 15, 2013. 

3. Events of Default. The outstanding Principal Amount of this Note and all accrued and unpaid interest thereon shall become
immediately due and payable if any one or more of the following events, hereinafter called “Events of Default,” shall occur and be continuing: 
 (a) there is a default in the payment of interest on this Note when the same is due and the default continues for a period of thirty (30) days; or 

(b) the Borrower shall generally not pay its debts as such debts become due, or shall admit in writing its inability to
pay its debts generally, or shall make a general assignment for the benefit of creditors, or any proceeding shall be instituted by or against the Borrower seeking to adjudicate it bankrupt or insolvent, or seeking liquidation, winding up,
reorganization, arrangement, adjustment, protection, relief or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of
a custodian, receiver, trustee or other similar official for it or for any substantial part of its property and, in the case of any such proceedings instituted against the Borrower (but not instituted by it), either such proceedings shall remain
un-dismissed or un-stayed for a period of thirty (30) days or any of the actions sought in such proceedings shall occur; or the Borrower shall take any corporate action to authorize any of the actions set forth above in this subsection (b).

 5. Prepayment. This Note may be prepaid at the option of the Borrower prior to the Maturity Date, at any time, from
time to time, in whole or in part, together with accrued but unpaid interest, without premium or penalty, upon giving irrevocable notice to the Lender, specifying the date and amount of prepayment and the advance(s) prepaid. 

 6. Transferability. Neither this Note, nor any rights or obligations hereunder, shall
be assigned (i) by the Borrower without the prior written consent of the Lender, or (ii) by the Lender without the prior written consent of the Borrower. 
 7. Waiver. No failure or delay on the part of the Lender in exercising any right, power or privilege hereunder, and no course of dealing between the Borrower and the Lender shall operate as a
waiver thereof, nor shall any single or partial exercise of any right, power, or privilege hereunder preclude any other exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein expressly provided are
cumulative and not exclusive of any rights or remedies which the Lender would otherwise have. No waiver shall be effective except by written agreement of the Borrower and the Lender. 

8. Presentment and Demand. DEMAND, PRESENTMENT, PROTEST AND NOTICE OF NON-PAYMENT AND PROTEST ARE HEREBY WAIVED BY THE BORROWER
AND ANY ENDORSER OF THIS NOTE. 
 9. Amendment. This Note may not be amended except by an agreement in writing signed by
the Borrower and the Lender. 
 10. Notices. All notices, requests, consents, claims, demands, waivers and other
communications hereunder shall be in writing and shall be deemed to have been given (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally recognized overnight courier
(receipt requested); (c) on the date sent by facsimile (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours of the recipient or (d) on
the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective parties at the following addresses (or at such other address for a party as shall be
specified in a notice given in accordance with this Section 10): 
 If to Lender: Oclaro, Inc. 

2584 Junction Ave. 
 San Jose, CA 95134 
 Fax: (408) 904-4913 

Attention: General Counsel 
 with a copy to: 
 Jones Day 

1755 Embarcadero Road 
 Palo Alto, CA 94303 
 Fax: (650) 739-3900 

Attention: Robert T. Clarkson 
 Kevin B. Espinola 
 If to Borrower: II-VI Incorporated 

375 Saxonburg Boulevard 
 Saxonburg, PA 16056 
 Attention: Craig A Creaturo, Treasurer and Chief Financial
Officer 
 Tel: (724) 352-4455 

  
 2 

 Fax: (724) 352-5284 

with a copy to: Robert D. German, Esquire 
 Sherrard, German & Kelly, P.C. 
 28th Floor, Two PNC Plaza 

Pittsburgh, Pennsylvania 15222 
 Tel: (412) 355-0200 
 Fax: (412) 261-6221 

1. 
 11.
Severability. If any term, provision, covenant or restriction of this Note is held by a court of competent jurisdiction or other tribunal to be invalid, void, unenforceable or against its regulatory policy, the remainder of the terms,
provisions, covenants and restrictions of this Note shall remain in full force and effect and shall in no way be affected, impaired or invalidated. 
 12. Governing Law. This Note shall be governed by, and construed and interpreted in accordance with, the laws of the State of California, without regard to principles of conflicts of laws thereof.

 [Signature Page Follows] 

  
 3 

 IN WITNESS WHEREOF, the Borrower has caused this Note to be duly executed as of the date
first written above. 
  

			
	 PHOTOP KONCENT, INC.

		
	 By
	 	  

	 Name:

Title:

	
	 II-VI INCORPORATED

		
	 By
	 	  

	 Name:

Title:

 TRANSITION SERVICES AGREEMENT 

between 

OCLARO, INC., 
 II-VI INCORPORATED 
 and 

PHOTOP TECHNOLOGIES, INC. 
 (California) 
 dated as of 

December 3, 2012 

 TABLE OF CONTENTS 

 

					
	 ARTICLE 1. SERVICES
	  	 	1	  
		
	 Section 1.01 Provision of Services
	  	 	1	  
		
	 Section 1.02 Standard of Service
	  	 	2	  
		
	 Section 1.03 Standard of Service
	  	 	3	  
		
	 Section 1.04 Standard of Service
	  	 	3	  
		
	 Section 1.05 Access to Premises
	  	 	4	  
		
	 ARTICLE II COMPENSATION
	  	 	4	  
		
	 Section 2.01 Responsibility for Wages and Fees
	  	 	4	  
		
	 Section 2.02 Terms of Payment and Related Matters
	  	 	4	  
		
	 Section 2.03 Extension of Services
	  	 	5	  
		
	 Section 2.04 Terminated Services
	  	 	5	  
		
	 Section 2.05 Invoice Disputes
	  	 	5	  
		
	 Section 2.06 No Right of Setoff
	  	 	6	  
		
	 Section 2.07 Taxes
	  	 	6	  
		
	 ARTICLE 3 TERMINATION
	  	 	6	  
		
	 Section 3.01 Termination of Agreement
	  	 	6	  
		
	 Section 3.02 Breach
	  	 	6	  
		
	 Section 3.03 Insolvency
	  	 	6	  
		
	 Section 3.04 Effect of Termination
	  	 	7	  
		
	 Section 3.05 Force Majeure
	  	 	7	  
		
	 ARTICLE IV. CONFIDENTIALITY
	  	 	7	  
		
	 Section 4.01 Confidentiality
	  	 	7	  
		
	 ARTICLE V. REMEDIES
	  	 	8	  
		
	 Section 5.01 Remedies
	  	 	8	  
		
	 ARTICLE VI. MISCELLANEOUS
	  	 	9	  
		
	 Section 6.01 Notices
	  	 	9	  
		
	 Section 6.02 Headings
	  	 	10	  

  
 i 

					
	 Section 6.03 Severability
	  	 	10	  
		
	 Section 6.04 Entire Agreement
	  	 	10	  
		
	 Section 6.05 Successors and Assigns
	  	 	10	  
		
	 Section 6.06 No Third-Party Beneficiaries
	  	 	10	  
		
	 Section 6.07 Amendment and Modification; Waiver
	  	 	11	  
		
	 Section 6.08 Governing Law; Submission to Jurisdiction
	  	 	11	  
		
	 Section 6.09 Counterparts
	  	 	12	  

  
 ii 

 TRANSITION SERVICES AGREEMENT 

This Transition Services Agreement, dated as of December 3, 2012 (this “Agreement”), is entered into between
Ocalro, Inc., a Delaware corporation (“Seller”), Photop Technologies, Inc., a California corporation (“Buyer”) and II-VI Incorporated, a Pennsylvania corporation (“Parent”) 

RECITALS 

WHEREAS, Buyer, Parent, Seller and certain of Seller’s subsidiaries have entered into that certain Asset Purchase Agreement, dated
as of November 19, 2012 (the “Purchase Agreement”), pursuant to which Seller has agreed to sell and assign to Buyer, and Buyer has agreed to purchase and assume from Seller, substantially all the assets, and certain specified
liabilities, of the Santa Rosa Business (as such term is defined in the Purchase Agreement), all as more fully described therein; 
 WHEREAS, in order to ensure an orderly transition of the Santa Rosa Business to Buyer and as a condition to consummating the transactions contemplated by the Purchase Agreement, Buyer and Seller have
agreed to enter into this Agreement, pursuant to which Seller will provide, or cause its Affiliates to provide, Buyer with certain services, in each case on a transitional basis and subject to the terms and conditions set forth herein; and

 WHEREAS, capitalized terms used herein and not otherwise defined shall have the meaning ascribed to such terms in the
Purchase Agreement. 
 NOW, THEREFORE, in consideration of the mutual agreements and covenants hereinafter set forth and
intending to be legally bound hereby, Buyer and Seller hereby agree as follows: 
 ARTICLE I 

SERVICES 

Section 1.01 Provision of Services. 

(a) Seller agrees to provide, or to cause its Affiliates to provide, the services (the “Services”) set forth on the exhibits attached
hereto (as such exhibits may be amended or supplemented pursuant to the terms of this Agreement, collectively, the “Service Exhibits”) to Buyer for the respective periods and on the other terms and conditions set forth in this
Agreement and in the respective Service Exhibits. 

 (b) Notwithstanding the contents of the Service Exhibits, Seller agrees to consider in good faith any
reasonable request by Buyer for access to any additional services that are necessary for the operation of the Santa Rosa Business and which are not currently contemplated in the Service Exhibits, at a price to be agreed upon after good faith
negotiations between the parties. Any such additional services so provided by Seller shall constitute Services under this Agreement and be subject in all respect to the provisions of this Agreement as if fully set forth on a Service Exhibit as of
the date hereof. Notwithstanding the foregoing, Buyer, Parent and Seller expressly acknowledge and agree that the obligation of Seller to provide transitional services to Buyer following the Closing is limited to the Services as set forth on the
Service Exhibits, and there exists no other obligation on the part of Seller to provide any other transitional or other services to Buyer following the Closing Date (other than to consider in good faith reasonable requests by Buyer as discussed
above). 
 (c) The parties hereto acknowledge the transitional nature of the Services. Accordingly, as promptly as practicable following the
execution of this Agreement, Buyer agrees to use commercially reasonable efforts to make a transition of each Service to its own internal organization or to obtain alternate third-party sources to provide the Services. 

(d) Subject to Section 2.03, Section 2.04 and Section 3.05, the obligations of Seller under this Agreement to provide
Services shall terminate with respect to each Service on the end date specified in the applicable Service Exhibit (the “End Date”). Notwithstanding the foregoing, the parties acknowledge and agree that Buyer may determine from time
to time that it does not require all the Services set out on one or more of the Service Exhibits or that it does not require such Services for the entire period up to the applicable End Date. Accordingly, Buyer may terminate any Service, in whole
and not in part, upon fifteen (15) calendar days notification to Seller in writing of any such determination. 
 (e) Seller may make
changes from time to time in the manner of performing the Services, or may temporarily suspend the provision of the Services, if Seller is making similar changes in performing, or is similarly suspending, similar services for itself or its
Affiliates for routine or emergency maintenance, Service upgrades, enhancements or for similar reasons. Seller shall use commercially reasonable efforts to provide Buyer’s Transition Coordinator with at least two (2) business days’
prior written notice of such changes or temporary suspensions. Notwithstanding the foregoing, if Seller is upgrading, modifying or enhancing its own internal systems or services to provide enhanced services to itself or its Affiliates that are
similar to the Services, Seller may, but shall be under no obligation to, provide such enhancements, modifications or improvements for the benefit of Buyer in connection with the provision of the Services. 

Section 1.02 Standard of Service. 

(f) Subject to Section 1.01(e), Seller represents, warrants and agrees that the Services shall be provided in good faith, in accordance with
Law and, except as specifically provided in the Service Exhibits, in a manner generally consistent with the historical provision of the Services and with the same standard of care as historically provided. Subject to Section 1.03, Seller
agrees to assign sufficient resources and qualified personnel as are reasonably required to perform the Services in accordance with the standards set forth in the preceding sentence. 

  
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 (g) Except as expressly set forth in Section 1.02(a), Seller makes no representations and
warranties of any kind, implied or expressed, statutory or otherwise, with respect to the Services, including, without limitation, no warranties of merchantability or fitness for a particular purpose, which are specifically disclaimed. Buyer
acknowledges and agrees that this Agreement does not create a fiduciary relationship, partnership, joint venture or relationships of trust or agency between the parties and that all Services are provided by Seller as an independent contractor.

 (h) Notwithstanding anything to the contrary contained in this Agreement, Seller shall not be required to provide any Service to the extent
the provision of such Service requires it to: (i) hire any additional employees or engage any outside contractors or external resources; (ii) maintain the employment of any specific employee; (iii) purchase, lease or license any
additional equipment, software or other intellectual property; or (iv) assume any additional liabilities or obligations. 

Section 1.03 Third-Party Service Providers. Seller shall have the right to hire other third-party subcontractors to provide all or part of
any Service hereunder; provided, however, that in the event such subcontracting is inconsistent with past practices or such subcontractor is not already engaged with respect to such Service as of the date hereof, Seller shall obtain
the prior written consent of Buyer to hire such subcontractor, such consent not to be unreasonably withheld. Seller shall in all cases retain responsibility for the provision to Buyer of Services to be performed by any third-party service provider
or subcontractor or by any of Seller’s Affiliates. 
 Section 1.04 Cooperation and Coordination of Services. The parties shall
reasonably cooperate with each other in all matters relating to the provision and receipt of the Services. For each Service, there shall be a designated contact person for Seller and Buyer, respectively (the “Contact Persons”). The
Service Exhibits shall set forth the names of the Contact Persons initially designated to be responsible for each Service. In addition, Seller and Buyer shall each designate a transition coordinator (the “Transition Coordinators”)
who will be responsible for overseeing the transition process as a whole for all Services on behalf of such party. The initial Transition Coordinators shall be Sanjai Parthasarathi (Seller) and Bill Kastanis (Buyer/Parent). Each party may provide
notification in accordance with Section 6.01 of any modification to the designation of the foregoing Contact Persons or Transaction Coordinators. 

  
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 Section 1.05 Access to Premises. 
 (i) In order to enable the provision of the Services by Seller, Buyer agrees that it shall provide to Seller’s and its Affiliates’ employees and any third-party service providers or
subcontractors who provide Services, at no cost to Seller, access to the facilities, assets and books and records of the Santa Rosa Business, in all cases to the extent necessary for Seller to fulfill its obligations under this Agreement.

 (j) Seller agrees that all of its and its Affiliates’ employees and any third-party service providers and subcontractors, when on the
property of Buyer or when given access to any equipment, computer, software, network or files owned or controlled by Buyer, shall conform to the policies and procedures of Buyer concerning health, safety and security which are made known to Seller
in advance in writing. 
 ARTICLE II 
 COMPENSATION 
 Section 2.01 Responsibility for Wages and Fees.
For such time as any employees of Seller or any of its Affiliates are providing the Services to Buyer under this Agreement, (a) such employees will remain employees of Seller or such Affiliate, as applicable, and shall not be deemed to be
employees of Buyer for any purpose, and (b) Seller or such Affiliate, as applicable, shall be solely responsible for the payment and provision of all wages, bonuses and commissions, employee benefits, including severance and worker’s
compensation, and the withholding and payment of applicable Taxes relating to such employment. 
 Section 2.02 Terms of Payment and
Related Matters. 
 (k) As consideration for provision of the Services, Parent or Buyer shall pay Seller the amount specified for each
Service on such Service’s respective Service Exhibit. In addition to such amount, in the event that Seller or any of its Affiliates incurs reasonable and documented out-of-pocket expenses in the provision of any Service, including, without
limitation, license fees and payments to third-party service providers or subcontractors, but excluding payments made to employees of Seller or any of its Affiliates pursuant to Section 2.01 (such included expenses, collectively,
“Out-of-Pocket Costs”), Buyer shall reimburse Seller for all such Out-of-Pocket Costs in accordance with the invoicing procedures set forth in Section 2.02(b). All amounts invoiced under this Agreement shall be in U.S.
Dollars and all payments to be made by Buyer to Seller under this Agreement shall be made in U.S. Dollars. 
  

	(l)	As more fully provided in the Service Exhibits and subject to the terms and conditions therein: 

 (i) Seller shall provide Buyer, in accordance with Section 6.01 of this Agreement, with monthly invoices (“Invoices”), which shall set forth in reasonable detail, with such
supporting documentation as Buyer may reasonably request with respect to Out-of-Pocket Costs, amounts payable under this Agreement; and 

  
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 (ii) payments pursuant to this Agreement shall be made within thirty (30) days after the date of
receipt of an Invoice by Buyer from Seller; provided that the parties agree that should Buyer not make full payment of any such obligations within such thirty (30) day period, any amount payable shall accrue interest from and including
such due date and including the date such payment has been made at a rate per annum equal to 6%, with such interest calculated daily on the basis of a 365 day year and the actual number of days elapsed, without compounding. 

(m) It is the intent of the parties that the compensation set forth in the respective Service Exhibits reasonably approximate the cost of providing the
Services, including the cost of employee wages and compensation, without any intent to cause Seller to receive profit or incur loss. If at any time Seller believes that the payments contemplated by a specific Service Exhibit are materially
insufficient to compensate it for the cost of providing the Services it is obligated to provide hereunder, or Buyer believes that the payments contemplated by a specific Service Exhibit materially overcompensate Seller for such Services, such party
shall notify the other party as soon as possible, and the parties hereto will commence good faith negotiations toward an agreement in writing as to the appropriate course of action with respect to pricing of such Services for future periods.

 Section 2.03 Extension of Services. The parties agree that Seller shall not be obligated to perform any Service after the
applicable End Date; provided, however, that if Buyer desires and Seller agrees to continue to perform any of the Services after the applicable End Date, the parties shall negotiate in good faith to determine an amount that compensates
Seller for all of its costs for such performance, including the time of its employees and its Out-of-Pocket Costs. The Services so performed by Seller after the applicable End Date shall continue to constitute Services under this Agreement and be
subject in all respects to the provisions of this Agreement for the duration of the agreed-upon extension period. Notwithstanding the foregoing, Seller may, in its sole discretion, determine whether to extend the duration of any Service after the
applicable End Date. 
 Section 2.04 Terminated Services. Upon termination or expiration of any or all Services pursuant to this
Agreement, or upon the termination of this Agreement in its entirety, Seller shall have no further obligation to provide the applicable terminated Services and Buyer will have no obligation to pay any future compensation or Out-of-Pocket Costs
relating to such Services (other than for or in respect of Services already provided in accordance with the terms of this Agreement and received by Buyer prior to such termination). 
 Section 2.05 Invoice Disputes. In the event of an Invoice dispute, Buyer shall deliver a written statement to Seller on the disputed Invoice listing all disputed items and providing a
reasonably detailed description of each disputed item. Amounts not so disputed shall be deemed accepted and shall be paid, notwithstanding disputes on other items, within the period set forth in Section 2.02(b). The parties shall seek to
resolve all such disputes expeditiously and in good faith. Seller shall continue performing the Services in accordance with this Agreement pending resolution of any dispute, and Buyer and Parent shall each continue to fulfill its obligations related
to such Services. 

  
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 Section 2.06 No Right of Setoff. Each of the parties hereby acknowledges that it shall have no
right under this Agreement to offset any amounts owed (or to become due and owing) to the other party, whether under this Agreement, the Purchase Agreement or otherwise, against any other amount owed (or to become due and owing) to it by the other
party. 
 Section 2.07 Taxes. Buyer shall be responsible for all sales or use Taxes imposed or assessed as a result of the provision
of Services by Seller. 
 ARTICLE III 
 TERMINATION 
 Section 3.01 Termination of Agreement. Subject to
Section 3.04, this Agreement shall terminate in its entirety (i) by the mutual written consent of Buyer, Parent and Seller; (ii) on the date upon which Seller shall have no continuing obligation to perform any Services as a
result of each of their expiration or termination in accordance with Section 1.01(d) or Section 3.02 or (iii) in accordance with Section 3.03. 
 Section 3.02 Breach. Any party (the “Non-Breaching Party”) may terminate this Agreement with respect to any Service, in whole but not in part, at any time upon prior written
notice to the other party (the “Breaching Party”) if the Breaching Party has failed (other than pursuant to Section 1.01(e) or Section 3.05) to perform any of its material obligations under this Agreement
relating to such Service, and such failure shall have continued without cure for a period of fifteen (15) days after receipt by the Breaching Party of a written notice of such failure from the Non-Breaching party seeking to terminate such
service. For the avoidance of doubt, non-payment by Buyer for a Service provided by Seller in accordance with this Agreement and not the subject of a good-faith dispute shall be deemed a breach for purposes of this Section 3.02.

 Section 3.03 Insolvency. In the event that either party hereto shall (i) file a petition in bankruptcy, (ii) become or
be declared insolvent, or become the subject of any proceedings not dismissed within sixty (60) days related to its liquidation, insolvency or the appointment of a receiver, (iii) make an assignment on behalf of all or substantially all of
its creditors, or (iv) take any corporate action for its winding up or dissolution, then the other party shall have the right to terminate this Agreement by providing written notice in accordance with Section 6.01. 

  
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 Section 3.04 Effect of Termination. Upon termination of this Agreement in its entirety pursuant
to Section 3.01, all obligations of the parties hereto shall terminate, except for the provisions of Section 2.04, Section 2.06, Section 2.07, Article IV, Article V and Article VI,
which shall survive any termination or expiration of this Agreement. 
 Section 3.05 Force Majeure. The obligations of Seller under
this Agreement with respect to any Service shall be suspended during the period and to the extent that Seller is prevented or hindered from providing such Service, or Buyer is prevented or hindered from receiving such Service, due to any of the
following causes beyond such party’s reasonable control (such causes, “Force Majeure Events”): (i) acts of God, (ii) flood, fire or explosion, (iii) war, invasion, riot or other civil unrest,
(iv) Governmental Order or Law, (v) actions, embargoes or blockades in effect on or after the date of this Agreement, (vi) action by any Governmental Authority, (vii) national or regional emergency, (viii) strikes, labor
stoppages or slowdowns or other industrial disturbances, (ix) shortage of adequate power or transportation facilities, or (x) any other event which is beyond the reasonable control of such party. The party suffering a Force Majeure Event
shall give notice of suspension as soon as reasonably practicable to the other party stating the date and extent of such suspension and the cause thereof, and Seller, Parent and Buyer, as applicable shall resume the performance of its obligations as
soon as reasonably practicable after the removal of the cause. Neither Parent, Buyer nor Seller shall be liable for the nonperformance or delay in performance of its respective obligations under this Agreement when such failure is due to a Force
Majeure Event. The applicable End Date for any Service so suspended shall be automatically extended for a period of time equal to the time lost by reason of the suspension. 
 ARTICLE IV 
 CONFIDENTIALITY 

Section 4.01 Confidentiality. 
 (n)
During the term of this Agreement and for three years after the termination of this Agreement, the parties hereto shall and shall cause their Affiliates to, hold, and shall use its reasonable best efforts to cause its or their respective
Representatives to hold, in confidence any and all information, whether written or oral, concerning the Santa Rosa Business, except to the extent that a party can show that such information (a) is generally available to and known by the public
through no fault of such party, any of its Affiliates or their respective Representatives; or (b) is lawfully acquired by such party, any of its Affiliates or their respective Representatives during the term of and following the termination of
this Agreement from sources which are not prohibited from disclosing such information by a legal, contractual or fiduciary obligation. If any party or any of its Affiliates or their respective Representatives are compelled to disclose any
information by judicial or administrative process or by other requirements of Law, such party shall promptly notify the other party in writing and shall disclose only that portion of such 

  
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information which such party is advised by its counsel in writing is legally required to be disclosed, provided that such party shall use reasonable best efforts to obtain an appropriate
protective order or other reasonable assurance that confidential treatment will be accorded such information. Unless otherwise authorized in any other agreement between the parties, any party receiving any confidential information of the other party
(the “Receiving Party”) may use confidential information only for the purposes of fulfilling its obligations under this Agreement (the “Permitted Purpose”). Any Receiving Party may disclose such confidential
information only to its Representatives who have a need to know such information for the Permitted Purpose and who have been advised of the terms of this Section 4.01. 

ARTICLE V 

REMEDIES 

Section 5.01 Remedies. 
 (o) In no
event shall Seller have any liability under any provision of this Agreement for any monetary damages, including direct, punitive, incidental, consequential, special or indirect damages, loss of future revenue or income, loss of business reputation
or opportunity relating to the breach or alleged breach of this Agreement, or diminution of value or any damages based on any type of multiple, whether based on statute, contract, tort or otherwise, and whether or not arising from the other
party’s sole, joint, or concurrent negligence, strict liability, criminal liability or other fault. 
 (p) Buyer’s and Parent’s
sole remedy with respect to any breach by Seller of this Agreement shall be to require Seller to re-perform the Service(s) subject to such breach. 
 (q) Buyer acknowledges that the Services to be provided to it hereunder are subject to, and that its remedies under this Agreement are limited by, this Article V and the applicable provisions of
Section 1.02, including the limitations on representations and warranties with respect to the Services 

  
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 ARTICLE VI 
 MISCELLANEOUS 
 Section 6.01 Notices. All Invoices, notices,
requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed to have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the
addressee if sent by a nationally recognized overnight courier (receipt requested); (c) on the date sent by facsimile or e-mail of a PDF document (with confirmation of transmission) if sent during normal business hours of the recipient, and on
the next Business Day if sent after normal business hours of the recipient; or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the
respective parties at the following addresses (or at such other address for a party as shall be specified in a notice given in accordance with this Section 6.01): 
 (a) if to Seller: 
 Oclaro, Inc. 

2584 Junction Ave. 
 San Jose, CA 95134 
 Fax: (408) 904-4913 

Attention: General Counsel 

with a copy (which shall not constitute notice) to: 
 Jones Day 
 1755 Embarcadero Road 

Palo Alto, CA 94303 
 Fax: (650) 739-3900 
 Attention: Robert T. Clarkson 

Kevin B. Espinola 
 (b) if to
Buyer: 
 Photop Technology, Inc. 
 c/o II-VI Incorporated 
 375 Saxonburg Boulevard 

Saxonburg, PA 16056 
 Attention: Craig A Creaturo, Treasurer and Chief Financial Officer 
 Tel:
(724) 352-4455 
 Fax: (724) 352-5284 
 with a copy (which shall not constitute notice) to: 
 Robert D. German, Esquire

 Sherrard, German & Kelly, P.C. 

28th Floor, Two PNC Plaza 
 Pittsburgh, Pennsylvania 15222 
 Tel: (412) 355-0200 

Fax: (412) 261-6221 

  
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 Section 6.02 Headings. The headings in this Agreement are for reference only and shall not
affect the interpretation of this Agreement. 
 Section 6.03 Severability. If any term or provision of this Agreement is invalid,
illegal or unenforceable in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon
such determination that any term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in a
mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. 
 Section 6.04 Entire Agreement. This Agreement, including all Service Exhibits, constitutes the sole and entire agreement of the parties to this Agreement with respect to the subject matter
contained herein and supersedes all prior and contemporaneous understandings and agreements, both written and oral, with respect to such subject matter. In the event and to the extent that there is a conflict between the provisions of this Agreement
and the provisions of the Purchase Agreement as it relates to the Services hereunder, the provisions of this Agreement shall control. 

Section 6.05 Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their
respective successors and permitted assigns. Subject to the following sentence, neither party may assign its rights or obligations hereunder without the prior written consent of the other party, which consent shall not be unreasonably withheld or
delayed. Notwithstanding the foregoing sentence, Buyer may, without the prior written consent of Seller, assign all or any portion of its right to receive Services to any of its wholly owned Subsidiaries that participate in the operation of the
Business; provided, that such Subsidiary shall receive such Services from Seller in the same place and manner as described in the respective Service Exhibit as Buyer would have received such Service. No assignment shall relieve the assigning
party of any of its obligations hereunder. 
 Section 6.06 No Third-Party Beneficiaries. This Agreement is for the sole benefit of
the parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever, under or
by reason of this Agreement. 

  
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 Section 6.07 Amendment and Modification; Waiver. This Agreement may only be amended, modified or
supplemented by an agreement in writing signed by each party hereto. No waiver by any party of any of the provisions hereof shall be effective unless explicitly set forth in writing and signed by the party so waiving. No failure to exercise, or
delay in exercising, any right, remedy, power or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other
or further exercise thereof or the exercise of any other right, remedy, power or privilege. 
 Section 6.08 Governing Law; Submission to
Jurisdiction; Waiver of Jury Trial. 
 (a) This Agreement shall be governed by and construed in accordance with the internal laws of the
State of California without giving effect to any choice or conflict of law provision or rule. 
 (b) ANY LEGAL SUIT, ACTION OR PROCEEDING
ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY MAY BE INSTITUTED IN THE FEDERAL COURTS OF THE UNITED STATES OF AMERICA OR THE COURTS OF THE STATE OF CALIFORNIA IN EACH CASE LOCATED IN THE CITY OF SAN FRANCISCO
AND COUNTY OF SAN FRANCISCO, AND EACH PARTY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS IN ANY SUCH SUIT, ACTION OR PROCEEDING. SERVICE OF PROCESS, SUMMONS, NOTICE OR OTHER DOCUMENT BY MAIL TO SUCH PARTY’S ADDRESS SET FORTH
HEREIN SHALL BE EFFECTIVE SERVICE OF PROCESS FOR ANY SUIT, ACTION OR OTHER PROCEEDING BROUGHT IN ANY SUCH COURT. THE PARTIES IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY OBJECTION TO THE LAYING OF VENUE OF ANY SUIT, ACTION OR ANY PROCEEDING IN SUCH
COURTS AND IRREVOCABLY WAIVE AND AGREE NOT TO PLEAD OR CLAIM IN ANY SUCH COURT THAT ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 
 (c) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND
UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY TO THIS AGREEMENT CERTIFIES AND ACKNOWLEDGES THAT
(A) NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (B) SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS
WAIVER, (C) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (D) SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS Section 6.08. 

  
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 Section 6.09 Counterparts. This Agreement may be executed in counterparts, each of which shall
be deemed an original, but all of which together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect
as delivery of an original signed copy of this Agreement. 
 [SIGNATURE PAGE FOLLOWS] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the
date first written above by their respective officers thereunto duly authorized. 
  

			
	Oclaro, Inc.
		
	By	 	 
	Name: Jerry Turin
	Title: Chief Financial Officer

  

			
	Photop Technologies, Inc.
		
	By	 	 
	Name:
	Title:

  

			
	II-VI Incorporated
		
	By	 	 
	Name:
	Title:

 EXHIBIT A 
 IT Services 
 1. Email: 

a. Provide Oclaro email service for 3 weeks 
 b. After such 3 week period: 
 i. Forward Oclaro emails (and, if reasonable, Santa
Rosa public boxes) for 4 weeks then provide a bounce back message for an additional 4 weeks. 
 ii. If reasonable, we will
customize the language of the bounce back with a II-VI email address 
 2. Network access on a firewalled domain server until March 30,
2013 
 3. SAP: 
 a.
Provide read only access for 3 months 
 b. End of period financial roll up information. Monthly consolidated cost numbers for
Santa Rosa broken out by each income statement category by cost type for the approximately 18 months period that Santa Rosa has been on SAP. 

4. Anti-Virus/Anti-Mal Wear 

a. No change during first 3 weeks 
 Other Services 
 Within two months of closing, the Parties to use commercially reasonable
efforts to transition each customer by: 
 (1) Developing a mutually agreed joint communication plan; and 

(2) Coordinating communication with each customer; and 
 (3) Obtaining customer consents. 
 For a period of two months following the close, Seller agrees
to use commercially reasonable efforts to assist Buyer with: 
 (1) Order placement issues 

(2) Issues with order fulfillment of open POs 

Where necessary to minimize the impact on customer orders, during the term of the Transition Services Agreement, Seller grants to Buyer a limited,
non-exclusive license to use Seller’s trademarks on marketing materials, products labels, etc. as such are used on the date of Closing.

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