Common use of Prohibition Against Xxxxxxx Xxxxxxx Clause in Contracts

Prohibition Against Xxxxxxx Xxxxxxx. Dutch securities laws prohibit xxxxxxx xxxxxxx. Under Article 46 of the Act on the Supervision of the Securities Trade 1995, anyone who has “inside information” related to the Company is prohibited from effectuating a transaction in securities in or from the Netherlands. “Inside information” is knowledge of a detail concerning the issuer to which the securities relate that is not public and which, if published, would reasonably be expected to affect the stock price, regardless of the development of the price. The insider could be any employee of the Company or its Dutch Subsidiary who has inside information as described above. Given the broad scope of the definition of inside information, certain employees of the Company working at its Dutch Subsidiary may have inside information and thus, would be prohibited from effectuating a transaction in securities in the Netherlands at a time when he or she had such inside information. Norway Polycom, Inc. 2004 Equity Incentive Plan Restricted Stock Unit Agreement for Non-U.S. Employees There are no country-specific terms and conditions. XXXXXXXX X Peru Polycom, Inc. 2004 Equity Incentive Plan Restricted Stock Unit Agreement for Non-U.S. Employees There are no country-specific terms and conditions. Xxxxxxxxx Polycom, Inc. 2004 Equity Incentive Plan Restricted Stock Unit Agreement for Non-U.S. Employees Securities Law Notice The grant of Restricted Stock Units and the Shares issued pursuant to the Restricted Stock Units are being made on a private basis and are, therefore, exempt from registration in Singapore.