8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934.

Date of Report: March 20, 2013

(Date of earliest event reported)

JDS Uniphase Corporation

(Exact name of registrant as specified in its charter)

Delaware	00-22874	94-2579683
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

430 North McCarthy Boulevard, Milpitas, CA	95035
(Address of principal executive offices)	(Zip Code)

(408) 546-5000

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)           On March 20, 2013, following a review of comparative market data, the Compensation Committee of the Board of Directors (the “Compensation Committee”) of JDS Uniphase Corporation (“JDSU”) approved an amendment (the “Amendment”) to the offer letter and contract of employment dated December 17, 2008 (the “Waechter Agreement”) between JDSU and Thomas Waechter, Chief Executive Officer.  The Amendment increases the lump sum cash payable in the event Mr. Waechter’s employment is terminated by JDSU for reasons other than for Cause (as defined in the Waechter Agreement) and prior to any Change of Control (as defined in the Waechter Agreement) to 2 1/2 times his annual base salary as of the date of termination of employment.  In addition, the Amendment provides that in the event of a termination without Cause or by Mr. Waechter for Good Reason (as defined in the Waechter Agreement) upon or following a Change of Control, Mr. Waechter will receive, in addition to the other benefits described in the Waechter Agreement, a payment equal to one year of Mr. Waechter’s annual target bonus opportunity, and extends the post-termination exercise period for all stock options held by Mr. Waechter to the shorter of a period of 3 years from the termination date or the full term of the stock option.  The Amendment also clarifies JDSU’s alternatives with respect to payment of additional severance amounts that may be used for payment of COBRA premiums.

In addition, the Compensation Committee also approved an amendment to JDSU’s 2008 Change of Control Benefits Plan (the “Plan”), which provides certain severance and other benefits to Eligible Executives (as defined in the Plan) whose employment is terminated as a result of or following a Change of Control (as defined in the Plan) of JDSU. The amendment (i) extends the post-termination exercise period for all stock options held by Eligible Executives to the shorter of a period of 2 years from the termination date or the remaining period of the stock option, (ii) increases the lump sum cash payment payable to an Eligible Executive to an amount equal to 2 years’ salary at the Eligible Executive’s base salary rate as of the termination date, and (iii) clarifies JDSU’s alternatives with respect to payment of additional severance amounts that may be used for payment of COBRA premiums.

The Amendment to the Waechter Agreement and amendment to the Plan both are effective March 21, 2013.

The foregoing is a summary description of the material terms of the Amendment to the Waechter Agreement and amendment to the Plan, and is qualified in its entirety by the text of the Amendment and of the Plan, copies of which are attached hereto as Exhibit 10.1 and 10.2 and incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits

(d)  Exhibits

Exhibit No.	Description
10.1	Amendment to the Waechter Agreement
10.2	2008 Change of Control Benefits Plan, as amended

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 22, 2013	JDS Uniphase Corporation
	By:	/S/ Andrew Pollack
		Andrew Pollack
		Senior Vice President, General Counsel and Secretary

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Exhibit Index

Exhibit No.	Description
10.1	Amendment to the Waechter Agreement
10.2	2008 Change of Control Benefits Plan, as amended

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EX-10.1

Exhibit 10.1

	JDS Uniphase Corporation
	430 N. McCarthy Boulevard
	Milpitas, CA 95035
March 21, 2013
	www.jdsu.com
Thomas H. Waechter
JDS Uniphase Corporation
430 North McCarthy Blvd
Milpitas, California 95035

Dear Tom,

On behalf of the Board of Directors of JDS Uniphase Corporation (sometimes hereafter referred to as “JDSU” or “the Company”), please allow this letter agreement (the “Amendment”)  to confirm an amendment to certain terms contained within your offer letter and contract of employment dated December 17, 2008 (the “Employment Contract”).  All defined terms in this Amendment not otherwise defined shall have the same meaning as in the Employment Contract.

1.The third full paragraph on the second page of the Employment Contract shall be amended and restated in its entirety as follows:

Notwithstanding the preceding paragraph, in the event your employment is terminated by the Company for reasons other than for “Cause” prior to any “Change of Control” (as both terms are defined below) of the Company, and subject to your execution of a separation agreement and release of claims reasonably acceptable to the Company, you will be eligible as of the effective date of such release of claims for the following severance benefits in full satisfaction of any statutory, contractual or common law entitlements which you may have or could have as a result of the termination of your employment: (i) a cash payment equivalent to two and one half (2 1/2) times your annual base salary as of the date of termination of employment; and (ii) Company paid COBRA benefits continuation for a period of the lesser of the maximum allowable COBRA period or 24 months.

2.The fourth full paragraph on the second page of the Employment Contract shall be amended and restated in its entirety as follows:

Furthermore, in the event your employment is terminated by the Company for reasons other than for Cause or by you for “Good Reason” (as defined below) upon or following any Change of Control of the Company, and subject to your execution of a separation agreement and release of claims reasonably acceptable to the Company and to you, you will be eligible as of the effective date of such release of claims for the following severance benefits in full satisfaction of any statutory, contractual or common law entitlements which you may have or could have as a result of the termination of your employment: (i) a cash payment equivalent to the sum of (A) three times your annual base salary as of the date of termination of employment, and (B) one year of your annual target bonus opportunity; (ii) your right, title and entitlement to any unvested options, restricted stock units, or any other securities or similar incentives which have been granted or issued to you as of the date of termination of your employment, shall immediately vest and be fully exercisable, free from any restrictions other than those imposed by applicable state and federal securities laws, and all such securities shall continue to be exercisable (if applicable) in accordance with the terms of each grant, provided that, and notwithstanding any provision in the applicable notice of grant and grant agreement to the contrary, all stock options shall at a minimum remain exercisable for a period of the shorter of: (y) three years from the Termination Date,

Thomas H. Waechter

March 21, 2013

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or (z) the full term of the security as provided in the notice of grant and grant agreement and applicable equity incentive plan; and (iii) Company paid COBRA benefits continuation for a period of the lesser of the maximum allowable COBRA period or 24 months.  Further, in the event it is determined that any payment, award, benefit or distribution (or any acceleration of any payment, award, benefit or distribution) by the Company (or any of its affiliated entities) or any entity which effectuates a Change of Control (or any of its affiliated entities) to or for your benefit (whether pursuant to the terms of this letter agreement or otherwise) (the “Payments”) would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”), or any interest or penalties are incurred by you with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the “Excise Tax”), but that the Payments would not be subject to the Excise Tax if the Payments were reduced by an amount that is less than 10% of the portion of the Payments that would be treated as “parachute payments” under Section 280G of the Code, then the amounts payable to you pursuant to this paragraph shall be reduced (but not below zero) to the maximum amount that could be paid to you without giving rise to the Excise Tax (the “Safe Harbor Cap”).

And a new paragraph shall be inserted immediately after the preceding paragraph as follows:

Notwithstanding the foregoing, if the Company determines, in its sole discretion, that the payment of the COBRA premiums pursuant to any provision of this letter agreement would result in a violation of the nondiscrimination rules of Section 105(h)(2) of the Internal Revenue Code of 1986, as amended (the “Code”) or any statute or regulation of similar effect (including but not limited to the 2010 Patient Protection and Affordable Care Act, as amended by the 2010 Health Care and Education Reconciliation Act), then in lieu of providing the COBRA premiums, the Company, in its sole discretion, may elect to instead pay Executive on or before the first day of each month of the COBRA Payment Period, a fully taxable cash payment equal to the COBRA premiums for that month, subject to applicable tax withholdings (such amount, the “Additional Severance Payment”), for the remainder of the COBRA payment period.  Executive may, but is not obligated to, use such Additional Severance Payment toward the cost of COBRA premiums.

If the terms and conditions of this Amendment are acceptable to you as defined in this Amendment, please indicate your acceptance by signing and returning a signed duplicate copy of this Amendment to Andrew Pollack by close of business on March 26, 2013.

Tom, the Board is pleased to provide you with this Amendment to the Employment Agreement, and we look forward to your continued service and leadership of the Company as its President and Chief Executive Officer.

Sincerely,

Richard Belluzzo

Chairman, Board of Directors

JDS Uniphase Corporation

Thomas H. Waechter

March 21, 2013

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I accept the terms of this Amendment to the Employment Agreement under the terms hereinabove described.  I acknowledge that the Employment Agreement as amended by this Amendment is the complete agreement concerning my employment and supersedes all prior or concurrent agreements and representations except as explicitly stated herein and may not be modified in any way except in writing executed by an authorized agent of JDSU.

Thomas H. Waechter Date

EX-10.2

Exhibit 10.2

JDS UNIPHASE CORPORATION
2008 CHANGE OF CONTROL BENEFITS PLAN

1.             Introduction.

This JDS Uniphase Corporation (the “Company”) Change of Control Benefits Plan (the “Plan”) was established effective as of September 1, 2008 and amended on August 10, 2011 and March 21, 2013.

(a)           Purpose.  The purpose of the Plan is to describe eligibility for certain benefits for Eligible Executives (as defined below) whose employment is terminated as a result of, or following, a Change of Control (as defined below).

(b)           Effect.  This Plan supersedes and replaces any prior policies or practices of the Company or any of its subsidiaries or affiliated companies that relate to severance payments or vesting acceleration with respect to stock options, restricted stock units, performance units, or any other securities or similar incentives of the Company upon a change of control (as defined in any such agreements or arrangements) of Company with respect to Eligible Executives.  Any such policies or procedures, to the extent they relate to severance payments or vesting acceleration with respect to options of Company upon a change of control, are hereby rescinded and shall no longer have any force or effect to the extent such policies or procedures apply to Eligible Executives.  Notwithstanding the foregoing, this Plan is subordinated to any individual written (i) severance benefit agreement, (ii) change of control severance agreement, or (iii) employment agreement that provides for severance benefits in existence as of the date hereof between any Eligible Executive and the Company.

2.             Definition of Terms.  The following capitalized terms used in this Plan shall have the following meanings:

(a)           Cause.  “Cause” shall mean (i) gross negligence or willful misconduct in the performance of an Eligible Executive’s duties to Company; (ii) a material and willful violation of any federal or state law by an Eligible Executive that if made public would injure the business or reputation of Company; (iii) refusal or willful failure by an Eligible Executive to comply with any specific lawful direction or order of Company or the material policies and procedures of Company including but not limited to the JDS Uniphase Corporation Code of Business Conduct and the Inside Information and Securities Transactions policy as well as any obligations concerning proprietary rights and confidential information of the Company; (iv) conviction (including a plea of nolo contendere) of an Eligible Executive of a felony, or of a misdemeanor that would have a material adverse effect on the Company’s goodwill if such Eligible Executive were to be retained as an employee of the Company; or (v) substantial and continuing willful refusal by an Eligible Executive to perform duties ordinarily performed by an employee in the same position and having similar duties as such Eligible Executive; in each case as reasonably determined by the Board of Directors of Company or the successor to the Company (the “Board of Directors”).

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(b)           Change of Control.  “Change of Control” shall mean the occurrence of one or more of the following with respect to the Company:

(i) the acquisition by any person (or related group of persons), whether by tender or exchange offer made directly to the Company’s stockholders, open market purchases or any other transaction or series of transactions, of stock of the Company that, together with stock of the Company held by such person or group, constitutes more than fifty percent (50%) of the total fair market value or total voting power of the then outstanding stock of the Company entitled to vote generally in the election of the members of the Company’s Board of Directors;

(ii) a merger or consolidation in which the Company is not the surviving entity, except for a transaction in which both (A) securities representing more than fifty percent (50%) of the total combined voting power of the surviving entity are beneficially owned (within the meaning of Rule 13d-3 promulgated under the Securities Exchange Act of 19340), directly or indirectly, immediately after such merger or consolidation by persons who beneficially owned common stock immediately prior to such merger or consolidation and (B) the members of the Board of Directors immediately prior to the transaction (the “Existing Board”) constitute a majority of the Board of Directors immediately after such merger or consolidation;

(iii) any reverse merger in which the Company is the surviving entity but in which either (A) persons who beneficially owned, directly or indirectly, Common Stock immediately prior to such reverse merger do not retain immediately after such reverse merger direct or indirect beneficial ownership of securities representing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities or (B) the members of the Existing Board do not constitute a majority of the Board of Directors immediately after such reverse merger; or

(iv) the sale, transfer or other disposition of all or substantially all of the assets of the Company (other than a sale, transfer or other disposition to one or more subsidiaries of the Company).

Notwithstanding the foregoing, to the extent that any amount constituting nonqualified deferred compensation within the meaning of Section 409A of the Internal Revenue Code (including any applicable final, proposed or temporary regulations and other administrative guidance promulgated thereunder) would become payable under this Plan by reason of a Change of Control, such amount shall become payable only if the event constituting a Change of Control would also constitute a change in ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company within the meaning of Section 409A.

(c)           Disability.  “Disability” shall mean a mental or physical disability, illness or injury, evidenced by medical reports from a duly qualified medical practitioner, which renders an Eligible Executive unable to perform any one or more of the essential duties of his or her position after the provision of reasonable accommodation, if applicable, for a period of greater than ninety (90) days within a one year period.  “Disabled” has a corresponding meaning.

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(d)           “Eligible Executives” shall mean individuals employed by the Company and its subsidiaries in the United States and on a United States payroll at the level of Senior Vice President (E200) or above, who either (i) hold one or more of the following positions or their functional equivalents: Chief Financial Officer, Chief Administrative Officer, Chief Legal Officer, Chief Information Officer, the senior executive responsible for Human Resources, and each senior executive responsible for one or more Company reporting segment(s) (as determined with reference to the Company’s financial statements, and including such senior executives responsible for business units reported under “All Other”, if any), or (ii) are designated in writing by the Chief Executive Officer as being an Eligible Executive, subject to subsequent review and ratification by the Compensation Committee of the Board of Directors at its discretion.

(e)           Good Reason.  “Good Reason” shall mean an Eligible Executive’s resignation from Company within thirty (30) days following the occurrence of any of the following events with respect to such Eligible Executive:

(i)            without Eligible Executive’s express written consent, the significant reduction of Eligible Executive’s duties, authority, responsibilities, job title or reporting relationships relative to Eligible Executive’s duties, authority, responsibilities, job title, or reporting relationships as in effect immediately prior to such reduction, or the assignment to Eligible Executive of such reduced duties, authority, responsibilities, job title, or reporting relationships, which reduction or assigned reduction remains in effect five (5) business days after written notice by the Eligible Executive to the Chief Executive Officer of such conditions; however, the occurrence of a Change of Control shall not, in and of itself, constitute a material adverse change in Eligible Executive’s position, duties or responsibilities;

(ii)           a reduction by Company in the base salary of Eligible Executive as in effect immediately prior to such reduction;

(iii)          a material reduction by Company in the kind or level of employee benefits, including bonuses, to which Eligible Executive was entitled immediately prior to such reduction with the result that Eligible Executive’s overall benefits package is significantly reduced;

(iv)          the relocation of Eligible Executive’s principal work location to a facility or a location more than fifty (50) miles from Eligible Executive’s then present principal work location, without Eligible Executive’s express written consent; or

(v)           the failure of Company to obtain agreement from any successor contemplated in Section 6 below to provide the benefits provided for in this Plan, as it exists as the time of succession.

(f)            Termination Date.  “Termination Date” shall mean:

(i)            if an Eligible Executive’s employment is terminated by Company for Disability, the date designated by Company as the last day of such Eligible Executive’s employment;

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(ii)           if an Eligible Executive dies, the date of death;

(iii)          if an Eligible Executive’s employment is terminated by Company for any other reason, the date designated by Company as the last day of such Eligible Executive’s employment; or

(iv)          if an Eligible Executive’s employment is terminated by such Eligible Executive, the date designated by Company as the effective date of resignation.

3.             Eligibility for Severance and Other Benefits.  Eligible Executives will receive the benefits described herein under the following circumstances:

(a)           Termination in Connection with a Change of Control.  If an Eligible Executive’s employment terminates either by Company without Cause or by such Eligible Executive for Good Reason at any time during the period commencing upon a Change of Control and ending twelve (12) months following a Change of Control, then, conditioned upon the Eligible Executive’s execution and delivery of an effective release of claims against Company and related parties that releases Company and such parties from any claims whatsoever arising from or related to the Eligible Executive’s employment relationship with Company including the termination of that relationship in a form reasonably acceptable to the Company and Eligible Executive, the Eligible Executive will receive the following:

(i)            Eligible Executive’s right, title and entitlement to any and all unvested stock options, restricted stock units, performance units, or any other securities or similar incentives that have been granted or issued to Eligible Executive as of the Termination Date (A) that are subject to time-based vesting conditions shall automatically be accelerated in full so as to become immediately and completely vested, and (B) that are subject to performance-based vesting conditions with a “target” achievement level shall automatically be accelerated at 100% of such “target” achievement level so as to become immediately and completely vested and fully exercisable.  Notwithstanding any other provision in the relevant equity incentive plan and/or notice of grant and grant agreement to the contrary, all stock options shall remain fully exercisable for the shorter of (a) two (2) years from the Termination Date, or (b) the remaining term of the stock option as provided in the relevant notice of grant and grant agreement.  In all other respects, Eligible Executive’s securities shall continue to be subject to the terms of the applicable equity incentive plan notice of grant and grant agreement.

(ii)           a lump sum cash payment equal to two (2) years’ salary at the Eligible Executive’s base salary rate as of the Termination Date (without taking into account any reduction in base salary that could trigger Eligible Executive’s resignation for Good Reason), less applicable withholding taxes or other withholding obligations of Company and less any amounts to which Eligible Executive is otherwise entitled under any statutory or Company long or short term disability plan; and

(iii)          if Eligible Executive elects benefits continuation under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) following termination of employment, payment of the full cost of such benefits (either directly to Eligible Executive or to

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the appropriate carrier or administrator at the Company’s election) for the lesser of (a) twelve (12) months or (b) until such time as Eligible Executive becomes eligible for reasonably comparable health care benefits from a subsequent employer (the period of such payments the “COBRA Payment Period”), provided that, in the event the Company determines, in its sole discretion, that the payment of the COBRA premiums pursuant to this subsection would result in a violation of the nondiscrimination rules of Section 105(h)(2) of the Internal Revenue Code of 1986, as amended (the “Code”) or any statute or regulation of similar effect (including but not limited to the 2010 Patient Protection and Affordable Care Act, as amended by the 2010 Health Care and Education Reconciliation Act), then in lieu of providing the COBRA premiums, the Company, in its sole discretion, may elect to instead pay such Eligible Executive on or before the first day of each month of the COBRA Payment Period, a fully taxable cash payment equal to the COBRA premiums for that month, subject to applicable tax withholdings (such amount, the “Additional Severance Payment”), for the remainder of the COBRA payment period.  Such Eligible Executive may, but is not obligated to, use such Additional Severance Payment toward the cost of COBRA premiums.

(b)           Voluntary Resignation; Termination for Cause.  If an Eligible Executive’s employment terminates by reason of voluntary resignation (which is not for Good Reason), or if an Eligible Executive is terminated for Cause, then such Eligible Executive shall not be entitled to receive any benefits under Section 3(a) of this Plan.

(c)           Disability.  If an Eligible Executive suffers from a Disability, Company may terminate such Eligible Executive’s employment to the extent permitted by law and, if such termination occurs within twelve (12) months following a Change of Control, Company will then pay to that Eligible Executive the compensation set forth in Section 3(a) of this Plan.

(d)           Death.  If an Eligible Executive’s employment is terminated due to the death of such Eligible Executive within twelve (12) months following a Change of Control, then the compensation set forth in Section 3(a) of this Plan will be paid to the former Eligible Executive’s estate.

(e)           Application of Section 409A. Notwithstanding any inconsistent provision of this Plan, to the extent the Company determines in good faith that (a) one or more of the payments or benefits received or to be received by an Eligible Executive pursuant to this Plan in connection with such Eligible Executive’s termination of employment would constitute deferred compensation subject to the rules of Section 409A, and (b) that the Eligible Executive is a “specified employee” under Section 409A, then only to the extent required to avoid the Eligible Executive’s incurrence of any additional tax or interest under Section 409A of the Code, such payment or benefit will be delayed until the date which is six (6) months after the Eligible Executive’s “separation from service” within the meaning of Section 409A.  The Company will revise any applicable provisions of this Plan to maintain to the maximum extent practicable the original intent of the applicable Plan provisions without violating the provisions of Section 409A of the Code, if the Company deems such revisions necessary or advisable pursuant to guidance under Section 409A to avoid the incurrence of any such interest and penalties. Such revisions shall not result in a reduction of the aggregate amount of payments or benefits under this Plan.

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(f)            Termination Not in Connection With a Change of Control.  In the event an Eligible Executive’s employment terminates for any reason or no reason, whether on account of Disability, death, or otherwise, either prior to a Change of Control or after the twelve (12) month period following a Change of Control, then such Eligible Executive shall not be entitled to receive severance or any other benefits under Section 3(a) of this Plan.

(g)           Coordination with Other Change of Control Benefits, Severance Benefits or Debts.  If an Eligible Executive is entitled to cash payments, accelerated vesting of stock options or restricted stock grants, or any other benefits from Company following the termination of such Eligible Executive’s employment after a Change of Control under any other agreement, plan, policy or law, then the benefits received by that Eligible Executive under this Plan shall be reduced by the benefits received by Eligible Executive from Company under such other plans, programs, arrangements, agreements or requirements.  If an Eligible Executive is indebted to Company at the time of a termination that would give rise to severance benefits under Section 3(a), the Company reserves the right to offset such severance payment under the Plan by the amount of such indebtedness.

4.             At-Will Employment.  Subject only to any individual written agreement between the Company and an Eligible Executive to the contrary, each Eligible Executive’s employment is and shall continue to be at-will, as defined under applicable law.  If an Eligible Executive’s employment terminates for any reason other than as specified in Section 3, such Eligible Executive shall not be entitled to any benefits, damages, awards or compensation under this Plan.

5.             Tax Matters. The Company may withhold from any amounts payable under the Plan such federal, state and local taxes as may be required to be withheld.  In the event that any payment or other benefits provided for in this Plan or otherwise payable to an Eligible Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), and (ii) become subject to the excise tax imposed by Section 4999 of the Code (or any corresponding provisions of state tax law), then, notwithstanding the other provisions of this Plan, such Eligible Executive’s benefits under Section 3 will not exceed the amount which produces the greatest after-tax benefit to the Eligible Executive.  For purposes of the foregoing, the greatest after-tax benefit will be determined within thirty (30) days after the Termination Date, by the Eligible Executive in his/her sole discretion.  If no such determination is made by the Eligible Executive within thirty (30) days of the Termination Date, then the Company will pay the benefits as provided in Section 3.

6.             Company’s Successors.  The Company shall require that any successor to Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of Company’s business and/or assets agree to perform in accordance with this Plan in the same manner and to the same extent as Company would be required to perform such obligations in the absence of a succession.

7.             Exclusive Benefits.  Eligible Executives shall not be entitled to any payments, compensation, benefits or other consideration from the Company, apart from those identified in Section 3, on account of a termination following a Change of Control.

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8.             Severability, Enforcement.  If any provision of this Plan, or the application thereof to any person, place or circumstance, shall be held by a court of competent jurisdiction to be invalid, unenforceable or void, the remainder of this Plan and such provisions as applied to other persons, places and circumstances shall remain in full force and effect.

9.             General.

(a)           Notice.  Notices and all other communications contemplated by this Plan shall be in writing and shall be deemed to have been duly given either (i) when personally delivered or sent by facsimile or (ii) five (5) days after being mailed by U.S. registered or certified mail, return receipt requested and postage prepaid.  In the case of an Eligible Executive, mailed notices shall be addressed to him or her at the home address or facsimile number which he or she most recently communicated to Company in writing.  In the case of Company, mailed notices or notices sent by facsimile shall be addressed to its corporate headquarters, and all notices shall be directed to the attention of its General Counsel or Chief Financial Officer.

(b)           Amendment.  Prior to a Change of Control, the Company reserves the right to amend or terminate this Plan upon written notice to Eligible Executives.  Upon a Change of Control, this Plan will become non-modifiable without the consent of the affected Eligible Executive(s).

(c)           Plan Termination.  The Plan shall terminate on December 31, 2014 (the “Plan Termination Date”), provided that the Plan shall not terminate, and shall continue in full force and effect and not shall not be terminable by any action of the Company or a successor in interest to the Company, in the event of the occurrence of a Change of Control on or before the Plan Termination Date.

10.          Execution.  To record the adoption of the Plan as set forth herein, effective as of September 1, 2008, JDS Uniphase Corporation has caused its duly authorized officer to execute the same.

JDS Uniphase Corporation

By:

Name:

Title:

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