Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - FINISAR CORPfnsr322-43017.htm
EX-32.1 - EXHIBIT 32.1 - FINISAR CORPfnsr321-43017.htm
EX-31.2 - EXHIBIT 31.2 - FINISAR CORPfnsr312-43017.htm
EX-31.1 - EXHIBIT 31.1 - FINISAR CORPfnsr311-43017.htm
EX-23.2 - EXHIBIT 23.2 - FINISAR CORPfnsr232-43017.htm
EX-23.1 - EXHIBIT 23.1 - FINISAR CORPfnsr231-43017.htm
EX-21 - EXHIBIT 21 - FINISAR CORPfnsr21-43017.htm
EX-10.41 - EXHIBIT 10.41 - FINISAR CORPfnsr1041-43017.htm
10-K - 10-K - FINISAR CORPfnsr-10kx43017.htm

Exhibit 10.40

Summary of the principal terms of the contract for state-owned construction land use
right assignment between Wuxi Bureau of Land and Resource and Finisar Optical
Communications Technology (Wuxi) Co., Ltd.
(Original document in Chinese)

Beginning on March 4, 2017, Finisar Optical Communications Technology (Wuxi) Co., Ltd., as Assignee, entered into a contract for state-owned construction land use right assignment with the Wuxi Bureau of Land and Resource, as Assignor, regarding property located at South of Wudu Road and East of Hong Ming Company, Wuxi, Jiangsu, People's Republic of China. The initial term of the agreement is for 50 years, starting on March 4, 2017. The agreement allows Assignee to make application to the Assignor to renew or extend the agreement not less than one year prior to the expiration of the initial term. The total assigned space is 26,353.5 square meters. Assignee paid a one time assignment fee of CNY 13,840,000.

The ownership of the assigned land belongs to the People's Republic of China. Assignee has rights of occupancy, use, earnings and disposal in accordance with laws and shall be entitled to construct buildings, structures and their auxiliary facilities by making use of the land.

The Agreement also contains provisions covering transfer, ease and mortgage of the State-Owned Construction Land Use Right, expiration of use duration, force majeure, liabilities for breach of the contract, governing laws, and dispute resolution.