SILICON VALLEY BANK
LOAN AND SECURITY AGREEMENT
BORROWER: HARMONIC, INC.
ADDRESS: 549 BALTIC WAY
SUNNYVALE, CA 94089
DATE: MARCH 28, 2003
THIS LOAN AND SECURITY AGREEMENT is entered into on the above date between SILICON
VALLEY BANK ("Silicon"), whose address is 3003 Tasman Drive, Santa Clara, California 95054 and the
borrower(s) named above (jointly and severally, the "Borrower"), whose chief executive office is located at the
above address ("Borrower's Address"). The Schedule to this Agreement (the "Schedule") shall for all purposes
be deemed to be a part of this Agreement, and the same is an integral part of this Agreement. (Definitions of
certain terms used in this Agreement are set forth in Section 8 below.)
As set forth in the Amendment to Loan Documents of even date between Silicon and the Borrower, this Loan
Agreement amends and restates in its entirety the Second Amended and Restated Loan and Security Agreement
dated March 5, 1999 between Silicon and Borrower (as previously amended, the "Prior Agreement").
1.1 LOANS. Silicon will make loans to Borrower (the "Loans") consisting of Equipment Loans and Revolving
Loans as set forth in the Schedule, in amounts determined by Silicon in its good faith business judgment, up to the
amounts (the "Credit Limit") shown on the Schedule, provided no Default or Event of Default has occurred and is
continuing, and subject to deduction of Reserves for accrued interest and such other Reserves as Silicon deems
proper from time to time in its good faith business judgment.
1.2 INTEREST. All Loans and all other monetary Obligations shall bear interest at the rate shown on the
Schedule, except where expressly set forth to the contrary in this Agreement. Interest shall be payable monthly,
on the last day of the month. Interest may, in Silicon's discretion, be charged to Borrower's loan account, and the
same shall thereafter bear interest at the same rate as the other Loans. Silicon may, in its discretion, charge