<SUBMISSION>
<ACCESSION-NUMBER>0000891618-02-001798
<TYPE>S-3/A
<PUBLIC-DOCUMENT-COUNT>4
<FILING-DATE>20020416
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>HARMONIC INC
<CIK>0000851310
<ASSIGNED-SIC>3663
<IRS-NUMBER>770201147
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>S-3/A
<ACT>33
<FILE-NUMBER>333-84430
<FILM-NUMBER>02612119
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>549 BALTIC WAY
<CITY>SUNNYVALE
<STATE>CA
<ZIP>94089
<PHONE>4085422500
</BUSINESS-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>HARMONIC LIGHTWAVES INC
<DATE-CHANGED>19950404
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>S-3/A
<SEQUENCE>1
<FILENAME>f77840a1s-3a.htm
<DESCRIPTION>FORM S-3 AMENDMENT 1
<TEXT>
<HTML>
<HEAD>
<TITLE>Harmonic Inc. Form S-3 Amendment 1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV align="center">
<B><FONT size="2">As filed with the Securities and Exchange
Commission on April&nbsp;16, 2002</FONT></B>
</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV align="right">
<B><FONT size="2">Registration
No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B>
</DIV>

<P align="left">
<HR size="1" width="100%" align="left" noshade>

<DIV align="left">
<HR size="1" width="100%" align="left" noshade>
</DIV>

<DIV align="center">
<B><FONT size="4">SECURITIES AND EXCHANGE COMMISSION</FONT></B>
</DIV>

<DIV align="center">
<B>Washington, D.C. 20549</B>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="center">
<B>Amendment No.&nbsp;1 to</B>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV align="center">
<B><FONT size="5">Form S-3</FONT></B>
</DIV>

<DIV align="center">
<B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="center">
<B><FONT size="6">Harmonic Inc.</FONT></B>

<DIV align="center">
<I><FONT size="2">(Exact name of registrant as specified in its
charter)</FONT></I>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="51%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="46%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="center" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<B><FONT size="2">Delaware</FONT></B></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<B><FONT size="2">77-0201147</FONT></B></TD>
</TR>

<TR>
	<TD align="center" valign="top">
	<I><FONT size="2">(State or other jurisdiction of incorporation
	or organization)</FONT></I></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<I><FONT size="2">(I.R.S. Employer Identification
	Number)</FONT></I></TD>
</TR>

</TABLE>
</CENTER>

<P align="center">
<B><FONT size="2">549 Baltic Way, Sunnyvale, CA 94089,
(408)&nbsp;542-2500</FONT></B>

<DIV align="center">
<I><FONT size="2">(Address, including zip code, and telephone
number, including area code, of registrant&#146;s principal
executive offices)</FONT></I>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="center">
<B><FONT size="2">Anthony J. Ley</FONT></B>

<DIV align="center">
<B><FONT size="2">President and Chief Executive
Officer</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">549 Baltic Way, Sunnyvale, CA 94089,
(408)&nbsp;542-2500</FONT></B>
</DIV>

<DIV align="center">
<I><FONT size="2">(Name, address, including zip code, and
telephone number, including area code, of agent for
service)</FONT></I>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="center">
<B><I><FONT size="2">Copies to:</FONT></I></B>

<DIV align="center">
<B><FONT size="2">Jeffrey D. Saper</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">John A. Fore</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">Robert G. Day</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">Daniel J. Weiser</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">Kathleen D. Huryn</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">Wilson Sonsini Goodrich &#38; Rosati</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">Professional Corporation</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">650 Page Mill Road</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">Palo Alto, CA 94304</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="2">(650)&nbsp;493-9300</FONT></B>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<B><FONT size="2">Approximate date of commencement of proposed
sale to the public: </FONT></B><FONT size="2">From time to time
after the effective date of this Registration Statement.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If the only securities being registered on this
Form are being offered pursuant to dividend or interest
reinvestment plans, please check the following
box.&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT>
</FONT>

<DIV align="left">&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If any of the securities being registered on this
Form are to be offered on a delayed or continuous basis pursuant
to Rule&nbsp;415 under the Securities Act of 1933, other than
securities offered only in connection with dividend or interest
reinvestment plans, check the following
box.&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#254;</FONT>
</FONT>
</DIV>

<DIV align="left">&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If this Form is filed to register additional
securities for an offering pursuant to Rule&nbsp;462(b) under
the Securities Act, please check the following box and list the
Securities Act registration statement number of the earlier
effective registration statement for the same
offering.&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT>&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</FONT>
</DIV>

<DIV align="left">&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If this Form is a post-effective amendment filed
pursuant to Rule&nbsp;462(c) under the Securities Act, please
check the following box and list the Securities Act registration
statement number of the earlier effective registration statement
for the same
offering.&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT>&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</FONT>
</DIV>

<DIV align="left">&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If delivery of the prospectus is expected to be
made pursuant to Rule&nbsp;434, please check the following
box.&nbsp;&nbsp;&nbsp;&nbsp;<FONT face="wingdings">&#111;</FONT>
</FONT>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="center">
<B><FONT size="2">CALCULATION OF REGISTRATION FEE</FONT></B>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="30%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="14%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="14%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="14%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="16%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
	<TD align="center" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<BR>
	<B><FONT size="2">Title of Each Class of<BR>
	Securities to be Registered</FONT></B></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<B><FONT size="2">Amount to be<BR>
	Registered</FONT></B></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<B><FONT size="2">Proposed&nbsp;Maximum<BR>
	Offering Price<BR>
	per unit(1)</FONT></B></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<B><FONT size="2">Proposed&nbsp;Maximum<BR>
	Offering Price<BR>
	Aggregate(2)</FONT></B></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<B><FONT size="2">Amount of<BR>
	Registration Fee</FONT></B></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Common Stock, $0.001 par value
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Preferred Stock, $0.001 par value
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Debt Securities(3)
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Warrants(4)
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">&#151;
	</FONT></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Total(5)
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">$150,000,000(5)
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">100%
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">$150,000,000(5)
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="bottom">
	<FONT size="2">$13,800(6)
	</FONT></TD>
</TR>

<TR>
	<TD colspan="9" align="left"><HR size="1" noshade></TD>

</TR>

</TABLE>
</CENTER>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">(1)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">The proposed maximum offering price per unit will
	be determined from time to time by the Registrant in connection
	with the issuance by the Registrant of the securities registered
	hereunder.
	</FONT></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">(2)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Estimated solely for the purpose of calculating
	the registration fee, which is calculated in accordance with
	Rule&nbsp;457(o) under the Securities Act.
	</FONT></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">(3)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Or (i)&nbsp;if any debt securities are issued at
	an original issue discount, such greater principal amount at
	maturity as shall result in an aggregate initial offering price
	equal to the amount to be registered or (ii)&nbsp;if any debt
	securities are issued with a principal amount denominated in a
	foreign currency or composite currency, such principal amount as
	shall result in an aggregate initial offering price equivalent
	thereto in United States dollars at the time of initial offering.
	</FONT></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">(4)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Includes warrants to purchase common stock.
	</FONT></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">(5)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">The proposed maximum offering price per unit will
	be determined by us in connection with the issuance of the
	securities. The securities registered hereunder may be sold
	separately or as units with other securities registered hereby.
	</FONT></TD>
</TR>

<TR><TD><FONT size="1">

</FONT></TD></TR>

<TR valign="top">
	<TD><FONT size="2">(6)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Registration fee previously paid.
	</FONT></TD>
</TR>

<TR><TD><FONT size="1">

</FONT></TD></TR>

</TABLE>

<DIV align="center">
<HR size="1" width="26%" align="center" noshade>
</DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;
<B><FONT size="2">The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its
effective date until the registrant shall file a further
amendment which specifically states that this registration
statement shall thereafter become effective in accordance with
section&nbsp;8(a) of the Securities Act of 1933 or until this
registration statement shall become effective on such date as
the Commission, acting pursuant to said section&nbsp;8(a), may
determine.</FONT></B>

<P align="left">
<HR size="1" width="100%" align="left" noshade>

<DIV align="left">
<HR size="1" width="100%" align="left" noshade>
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<TABLE width="100%" border="1" cellpadding="5"><TR><TD>
<FONT size="2" color="#E8112D">The information in this
prospectus is not complete and may be changed. We may not sell
the securities until the registration statement filed with the
Securities and Exchange Commission is effective. This prospectus
is not an offer to sell these securities, and we are not
soliciting an offer to buy these securities in any state where
the offer or sale is not permitted.</FONT><FONT size="2"> <BR>
</FONT>
</TD></TR></TABLE>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="center">
<B><FONT size="2" color="#E8112D">Subject to Completion, dated
April&nbsp;16, 2002</FONT></B>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">
<B><FONT size="2">PROSPECTUS</FONT></B>

<P align="center">
<B><FONT size="4">$150,000,000</FONT></B>

<P align="center">
<B><FONT size="6">Harmonic Inc.</FONT></B>

<P align="center">
<B>By this prospectus, we may offer&nbsp;&#151;</B>

<P align="center">
<B><FONT size="4">Common Stock</FONT></B>

<DIV align="center">
<B><FONT size="4">Preferred Stock</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="4">Debt Securities</FONT></B>
</DIV>

<DIV align="center">
<B><FONT size="4">Warrants for Common Stock</FONT></B>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="center">
<B>See &#147;Risk Factors&#148; on page&nbsp;4 for information
you should</B>

<DIV align="center">
<B>consider before buying the securities.</B>
</DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Our common stock is listed on the Nasdaq National
Market under the symbol &#147;HLIT.&#148; On April&nbsp;15,
2002, the last reported sale price of our common stock on the
Nasdaq National Market was $10.20 per share.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We will provide specific terms of these
securities in supplements to this prospectus. You should read
this prospectus and any prospectus supplement carefully before
you invest.
</FONT>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">This prospectus may not be used to offer and sell
securities unless accompanied by a prospectus supplement.
</FONT>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<B><FONT size="2">Neither the Securities and Exchange Commission
nor any state securities commission has approved or disapproved
of these securities or determined if this prospectus is truthful
or complete. Any representation to the contrary is a criminal
offense.</FONT></B>

<P align="center">
<FONT size="2">This prospectus is
dated &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2002&nbsp;</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000"><FONT size="2">SUMMARY</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#001"><FONT size="2">RISK FACTORS</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#002"><FONT size="2">USE OF PROCEEDS</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#003"><FONT size="2">RATIO OF EARNINGS AVAILABLE TO COVER FIXED CHARGES</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#004"><FONT size="2">DESCRIPTION OF THE DEBT SECURITIES</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#005"><FONT size="2">DESCRIPTION OF PREFERRED STOCK</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#006"><FONT size="2">DESCRIPTION OF COMMON STOCK</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#007"><FONT size="2">DESCRIPTION OF THE WARRANTS</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#008"><FONT size="2">PLAN OF DISTRIBUTION</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#009"><FONT size="2">LEGAL MATTERS</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#010"><FONT size="2">EXPERTS</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#011"><FONT size="2">WHERE YOU CAN FIND MORE INFORMATION</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="#012"><FONT size="2">SIGNATURES</FONT></A></TD></TR>
<TR><TD colspan="9"><A HREF="f77840a1ex5-1.txt">EXHIBIT 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f77840a1ex23-1.txt">EXHIBIT 23.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f77840a1ex23-2.txt">EXHIBIT 23.2</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center">
<B><FONT size="2">TABLE OF CONTENTS</FONT></B>

<CENTER>
<TABLE width="60%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="90%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Page</FONT></B></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">SUMMARY
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">RISK FACTORS
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">4</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">USE OF PROCEEDS
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">15</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">RATIO OF EARNINGS AVAILABLE TO COVER FIXED CHARGES
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">15</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">DESCRIPTION OF THE DEBT SECURITIES
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">15</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">DESCRIPTION OF PREFERRED STOCK
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">24</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">DESCRIPTION OF COMMON STOCK
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">25</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">DESCRIPTION OF THE WARRANTS
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">26</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">PLAN OF DISTRIBUTION
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">28</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">LEGAL MATTERS
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">28</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">EXPERTS
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">29</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">WHERE YOU CAN FIND MORE INFORMATION
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">29</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

</TABLE>
</CENTER>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless stated otherwise, references in this
prospectus to &#147;Harmonic,&#148; &#147;we,&#148;
&#147;us,&#148; &#147;its&#148; or &#147;our&#148; refer to
Harmonic Inc., a Delaware corporation, and its subsidiaries.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Each trademark, trade name or service mark of any
other company appearing in this prospectus belongs to its holder.
</FONT>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="center">
<B><FONT size="2">SPECIAL NOTE REGARDING FORWARD-LOOKING
STATEMENTS</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">This prospectus and the documents incorporated
herein by reference contain forward-looking statements within
the meaning of Section&nbsp;27A of the Securities Act and
Section&nbsp;21E of the Exchange Act. Words such as
&#147;anticipates,&#148; &#147;expects,&#148;
&#147;intends,&#148; &#147;may,&#148; &#147;will,&#148;
&#147;should,&#148; &#147;potential,&#148; &#147;continue,&#148;
&#147;further,&#148; &#147;plans,&#148; &#147;believes,&#148;
&#147;seeks,&#148; &#147;estimates,&#148; variations of such
words and similar expressions are intended to identify such
forward looking statements. These statements are not guarantees
of future performance and are subject to certain risks,
uncertainties and assumptions that are difficult to predict.
Therefore, actual results could differ materially from those
expressed or forecasted in any such forward-looking statements
as a result of certain factors, including those set forth in
&#147;Risk Factors,&#148; as well as those noted in similar
sections of the documents incorporated herein by reference. In
connection with forward-looking statements which appear in these
disclosures, investors should carefully review the factors set
forth in this prospectus under &#147;Risk Factors.&#148;
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The cautionary statements contained in any
prospectus supplement under the caption &#147;Risk Factors&#148;
and other similar statements contained elsewhere in this
prospectus, including the documents that are incorporated by
reference, identify important factors with respect to such
forward-looking statements, including certain risks and
uncertainties that could cause our actual results, performance
or achievements expressed or implied by such forward-looking
statements.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Although we believe that the expectations
reflected in such forward-looking statements are based upon
reasonable assumptions, no assurance can be given that such
expectations will be attained or that any deviations will not be
material. We disclaim any obligation or undertaking to
disseminate any updates or revision to any forward-looking
statement contained herein to reflect any change in our
expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based.
</FONT>

<P align="center">
<HR size="1" width="26%" align="center" noshade>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">NO PERSON HAS BEEN AUTHORIZED TO GIVE ANY
INFORMATION OR TO MAKE ANY REPRESENTATIONS IN CONNECTION WITH
THIS OFFERING OTHER THAN THOSE CONTAINED OR INCORPORATED BY
REFERENCE IN THIS PROSPECTUS AND ANY ACCOMPANYING PROSPECTUS
SUPPLEMENT IN CONNECTION WITH THE OFFERING
</FONT>

<P align="center">

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<DIV align="left">
<FONT size="2">DESCRIBED HEREIN AND THEREIN, AND, IF GIVEN OR
MADE, SUCH INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED
UPON AS HAVING BEEN AUTHORIZED BY THE COMPANY. NEITHER THIS
PROSPECTUS NOR ANY PROSPECTUS SUPPLEMENT SHALL CONSTITUTE AN
OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY OFFERED
SECURITIES IN ANY JURISDICTION IN WHICH IT IS UNLAWFUL FOR SUCH
PERSON TO MAKE SUCH AN OFFERING OR SOLICITATION. NEITHER THE
DELIVERY OF THIS PROSPECTUS OR ANY PROSPECTUS SUPPLEMENT NOR ANY
SALE MADE HEREUNDER SHALL UNDER ANY CIRCUMSTANCES IMPLY THAT THE
INFORMATION CONTAINED OR INCORPORATED BY REFERENCE HEREIN OR IN
ANY PROSPECTUS SUPPLEMENT IS CORRECT AS OF ANY DATE SUBSEQUENT
TO THE DATE HEREOF OR OF SUCH PROSPECTUS SUPPLEMENT.
</FONT>
</DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">IN CONNECTION WITH THE OFFERING OF CERTAIN
OFFERED SECURITIES, CERTAIN PERSONS PARTICIPATING IN SUCH
OFFERING MAY ENGAGE IN TRANSACTIONS THAT STABILIZE, MAINTAIN OR
OTHERWISE AFFECT THE MARKET PRICES OF SUCH OFFERED SECURITIES OR
OTHER SECURITIES OF THE COMPANY, INCLUDING STABILIZING
TRANSACTIONS, SYNDICATE COVERING TRANSACTIONS AND THE IMPOSITION
OF PENALTY BIDS. SPECIFICALLY, SUCH PERSONS MAY OVERALLOT IN
CONNECTION WITH THE OFFERING AND MAY BID FOR AND PURCHASE THE
OFFERED SECURITIES IN THE OPEN MARKET.
</FONT>

<P align="center"><FONT size="2">ii
</FONT>

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<!-- link1 "<FONT size="2">SUMMARY</FONT>" -->
<DIV align="left"><A NAME="000"></A></DIV>

<P align="center">
<B><FONT size="2">SUMMARY</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">This prospectus is part of a Registration
Statement on Form&nbsp;S-3 that we filed with the Securities and
Exchange Commission using a &#147;shelf&#148; registration
process. Under this shelf process, we may sell any combination
of securities described in this prospectus in one or more
offerings, up to a total dollar amount of $150,000,000. This
prospectus provides you with a general description of the
securities we may offer. Each time we sell securities, we will
provide a prospectus supplement that will contain specific
information about the terms of that offering. The prospectus
supplement may, along with information that is incorporated by
reference as described under the heading &#147;Where You Can
Find More Information,&#148; also add, update or change
information contained in this prospectus. You should read both
this prospectus and any prospectus supplement together with
additional information described below under the heading
&#147;Where You Can Find More Information.&#148;
</FONT>

<P align="center">
<B><FONT size="2">Harmonic Inc.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic designs, manufactures and sells a
variety of broadband solutions that allow communications service
providers around the world to deliver video, voice and data to
their subscribers. Harmonic&#146;s technically advanced fiber
optic, digital video and data delivery systems enable network
operators to provide a range of interactive and advanced digital
services that include digital video, high-speed Internet access,
telephony, HDTV, video and audio streaming, and video-on-demand.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Historically, almost all of our sales were
derived directly or indirectly from sales of fiber optic
transmission systems to cable television operators. With the
introduction of digital headend products beginning in 1997, we
broadened our product offering to enable delivery of digital
video, voice and data over satellite and wireless networks and
cable systems.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In order to further expand our digital systems
capability, Harmonic entered into a merger agreement with C-Cube
Microsystems Inc., or C-Cube, on October&nbsp;27, 1999, pursuant
to which C-Cube merged into Harmonic. Under the terms of the
merger agreement, C-Cube spun off its semiconductor business as
a separate publicly traded company prior to the May&nbsp;3, 2000
closing. C-Cube then merged into Harmonic and Harmonic therefore
acquired C-Cube&#146;s DiviCom business, which provides MPEG-2
encoding products and systems for digital television.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The merged Company has been organized into two
product divisions, Broadband Access Networks, or BAN, for fiber
optic systems and Convergent Systems, or CS, for digital headend
systems. While the two divisions have been organized generally
around the pre-merger Harmonic fiber optics systems and the
DiviCom digital headend systems, respectively, these divisions
do not correspond to the pre-merger companies in significant
ways. For example, certain Harmonic product lines are now part
of the CS&nbsp;division.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic was initially incorporated in California
in June 1988 and reincorporated into Delaware in May 1995. Our
principal executive offices are located at 549&nbsp;Baltic Way,
Sunnyvale, California 94089. Our telephone number is
(408)&nbsp;542-2500.
</FONT>

<P align="left">
<B><FONT size="2">The Securities We May Offer</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may offer up to $150,000,000 of common stock,
preferred stock, debt securities, and warrants to purchase
common stock. A prospectus supplement, which we will provide to
you each time we offer securities, will describe the specific
amounts, prices, and terms of these securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may sell the securities to or through
underwriters, dealers or agents, or directly to purchasers. We,
as well as any agents acting on our behalf, reserve the sole
right to accept and to reject in whole or in part any proposed
purchase of securities. Each prospectus supplement will set
forth the names of any underwriters, dealers, or agents involved
in the sale of the securities described in that prospectus
supplement and any applicable fee, commission or discount
arrangements with them.
</FONT>

<P align="center"><FONT size="2">1
</FONT>

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<P align="left">
<B><FONT size="2">Debt Securities</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may offer secured or unsecured obligations in
the form of either senior or subordinated debt. The senior debt
securities and the subordinated debt securities are together
referred to in this prospectus as the &#147;debt
securities.&#148; The unsecured senior debt securities will
generally have the same rank in right of payment as our other
unsecured, unsubordinated debt. The subordinated debt securities
generally will be entitled to payment only after payment of our
senior debt. Senior debt generally includes all debt for money
borrowed by us, except debt that is stated in the instrument
governing the terms of that debt to be not senior to, or to have
the same rank in right of payment as, or to be expressly junior
to, the subordinated debt securities.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The senior and subordinated debt securities will
be issued under separate indentures between us and a trustee. We
have summarized the general features of the debt securities to
be governed by the indentures. These indentures have been filed
as exhibits to the registration statement (No.&nbsp;333-84430)
that we have filed with the Securities and Exchange Commission
(this prospectus being a part of that registration statement).
We encourage you to read these indentures. Instructions on how
you can get copies of these documents are provided below under
the heading &#147;Where You Can Find More Information.&#148;
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">
<B><FONT size="2">General Indenture Provisions that Apply to
Senior and Subordinated Debt</FONT></B>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Each indenture allows debt to be issued in series
	with terms particular to each series.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Neither indenture limits the amount of debt that
	we may issue or generally provides holders any protection should
	there be a highly leveraged transaction involving our company.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">The indentures allow us to merge or to
	consolidate with another United States entity or convey,
	transfer or lease our properties and assets substantially as an
	entirety to another United States entity, as long as certain
	conditions are met. If these events occur, the other entity will
	be required to assume our obligations on the debt securities and
	under the indentures, and we will be released from all
	liabilities and obligations, except in the case of a lease.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">The indentures provide that we and the respective
	trustee may generally amend the respective indenture with the
	consent of holders of a majority of the total principal amount
	of the debt outstanding in any series to change certain of our
	obligations or your rights concerning the debt. However, to
	change the payment of principal, interest, or adversely affect
	the right to convert or certain other matters, every holder in
	that series must consent.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">We may discharge the indentures and defease
	restrictive covenants by depositing sufficient funds with the
	trustee to pay the obligations when due, as long as certain
	conditions are met. The trustee would pay all amounts due to you
	on the debt from the deposited funds.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">
<B><FONT size="2">Events of Default</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Each of the following is among the events of
default specified in the indentures:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Principal not paid when due;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Sinking fund payment not made when due;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Failure to pay interest for 30&nbsp;days;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Covenants not performed for 90&nbsp;days after
	notice; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Certain events of bankruptcy, insolvency or
	reorganization of Harmonic.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">A prospectus supplement may describe deletions
of, or changes or additions to, the events of default.
</FONT>

<P align="left">
<B><FONT size="2">Remedies</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Upon an event of default, other than a
bankruptcy, insolvency or reorganization, the trustee or holders
of 25% of the principal amount outstanding in a series may
declare the outstanding principal plus accrued
</FONT>

<P align="center"><FONT size="2">2
</FONT>

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<DIV align="left">
<FONT size="2">interest, if any, immediately due and payable.
However, the holders of a majority in principal amount may,
under certain circumstances, rescind this action.
</FONT>
</DIV>

<P align="left">
<B><FONT size="2">Subordination</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The subordinated indenture provides that the
subordinated debt securities will be subordinated to all senior
debt as defined in the subordinated indenture.
</FONT>

<P align="left">
<B><FONT size="2">Preferred Stock</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may issue preferred stock in one or more
series. Our board of directors as a committee designated by the
Board will determine the dividend, voting, and conversion rights
and other provisions at the time of sale. Each series of
preferred stock will be more fully described in the particular
prospectus supplement that will accompany this prospectus,
including redemption provisions, rights in the event of
liquidation, dissolution or the winding up of Harmonic, voting
rights and conversion rights.
</FONT>

<P align="left">
<B><FONT size="2">Common Stock</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may offer our common stock, par value $0.001
per share, either alone or underlying other registered
securities convertible into our common stock. Common stock
holders are entitled to receive dividends declared by our board
of directors out of funds legally available for the payment of
dividends, subject to rights, if any, of preferred stock
holders. Currently, we do not pay a dividend. Each holder of
common stock is entitled to one vote per share. The holders of
common stock have no preemptive rights or cumulative voting
rights.
</FONT>

<P align="left">
<B><FONT size="2">Warrants</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may issue warrants for the purchase of our
common stock.
</FONT>

<P align="center"><FONT size="2">3
</FONT>

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<!-- link1 "<FONT size="2">RISK FACTORS</FONT>" -->
<DIV align="left"><A NAME="001"></A></DIV>

<P align="center">
<B><FONT size="2">RISK FACTORS</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<I><FONT size="2">Before you invest in any of our securities,
you should be aware of various risks, including those described
below. You should carefully consider these risk factors,
together with all of the other information included or
incorporated by reference in this prospectus and in the
prospectus supplement, before you decide whether to purchase any
of our securities. The risks set out below are not the only
risks we face.</FONT></I>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<I><FONT size="2">If any of the following risks occur, our
business, financial condition and results of operations could be
materially adversely affected. In such case, the trading price
of our securities could decline, and you may lose all or part of
your investment.</FONT></I>

<P align="left">
<B><FONT size="2">We Depend On Cable And Satellite Industry
Capital Spending For A Substantial Portion Of Our Revenue And
Any Decrease Or Delay In Capital Spending In These Industries
Would Negatively Impact Our Resources, Operating Results And
Financial Condition.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Prior to the merger with C-Cube, almost all of
Harmonic&#146;s historic sales had been derived from sales to
cable television operators and we expect these sales to
constitute a significant portion of net sales for the
foreseeable future. Almost all of the DiviCom business&#146;
historic sales had been derived from sales to satellite
operators, telephone companies and cable operators. Demand for
the combined company&#146;s products will depend on the
magnitude and timing of capital spending by cable television
operators, satellite operators, broadcasters and telephone
companies for constructing and upgrading of their systems.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">These capital spending patterns are dependent on
a variety of factors, including:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">access to financing;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">annual budget cycles;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the impact of industry consolidation;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the status of federal, local and foreign
	government regulation of telecommunications and television
	broadcasting;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">overall demand for communication services and the
	acceptance of new video, voice and data services;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">evolving industry standards and network
	architectures;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">competitive pressures;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">discretionary customer spending patterns;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">general economic conditions.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In the past, specific factors contributing to
reduced capital spending have included:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">uncertainty related to development of digital
	video and cable modem industry standards;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">delays associated with the evaluation of new
	services and system architectures by many cable television
	operators;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">emphasis on generating revenue from existing
	customers by cable television operators instead of new
	construction or network upgrades; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">general economic conditions in domestic and
	international markets.
	</FONT></TD>
</TR>

</TABLE>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Recent developments in capital markets have
reduced access to funding for new and existing customers causing
delays in the timing and scale of deployments of our equipment,
as well as the postponement of certain projects by our
customers. Concerns over high debt levels, and in particular,
recent disclosures of off-balance sheet financing by Adelphia
Communications, have pressured the market values of cable
operators and may further restrict their access to capital.
Adelphia accounted for less than five percent of our revenues in
2001. In addition, during the past two years Harmonic and other
vendors received notification from significant customers,
including AT&#38;T Broadband, RCN and Bell South, that they were
canceling new projects, or delaying new orders to allow them to
reduce inventory levels which were in excess of their current
deployment requirements.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="center"><FONT size="2">4
</FONT>

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<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The timing of deployment of our equipment can be
subject to a number of other risks, including the availability
of skilled engineering and technical personnel, the availability
of other equipment such as fiber optic cable, and the need for
local zoning and licensing approvals. We believe that changes in
our customers&#146; deployment plans have in recent quarters
delayed, and may in the future delay, the receipt of new orders
or the release of existing backlog. Since the majority of our
sales have been to relatively few customers, a delay in
equipment deployment at any one customer has in the past and
could have a material adverse effect on our sales in a
particular quarter. In this regard, the Company&#146;s sales
decreased each quarter from the second quarter of 2000 through
the first quarter of 2001 and were below our expectations in the
BAN and CS divisions as well as the expectations of securities
analysts, and the price of our Common Stock declined
significantly.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Cable television capital spending can be subject
to the effects of seasonality, with fewer construction and
upgrade projects typically occurring in winter months and
otherwise being affected by inclement weather.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">BAN division sales have decreased significantly
from the third quarter of 2000 and were 57% lower in 2001 than
in 2000. This was due to weak cable industry spending on
transmission upgrades, particularly reduced spending by AT&#38;T
Broadband and RCN. These two customers accounted for a total of
23% of sales in 2000 compared to a combined total of less than
5% of sales in 2001. CS division sales from the second quarter
of 2000 through the first quarter of 2001, consisting
principally of DiviCom products, were below DiviCom&#146;s sales
levels in 1999 and the first quarter of 2000, and were
significantly below our expectations at the time the DiviCom
merger was announced in October 1999. The lower CS sales were
attributable principally to reduced spending by satellite
operators. For a more detailed discussion regarding risks
related to AT&#38;T Broadband, RCN and other major customers,
see &#147;Our Customer Base Is Concentrated And The Loss Of One
Or More Of Our Key Customers Would Harm Our Business. The Loss
Of Any Key Customer Would Have A Negative Effect On Our
Business.&#148;
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">CS&nbsp;division sales increased sequentially
during the second and third quarters of 2001 and increased 58%
during the second half of 2001 compared to the first half of the
year, primarily due to demand for our next-generation digital
systems such as the Narrowcast Services Gateway, or NSG, and the
MV50 encoder. CS&nbsp;sales of the MV50 encoder during 2001
benefited in particular from the expansion of local channel
offerings and compliance with FCC &#147;must carry&#148;
regulations by domestic direct broadcast satellite, or DBS,
operators. We anticipate that, in light of the announced merger
of EchoStar and DirecTV and expectations that operators will add
fewer new markets in 2002, our revenue from domestic DBS
operators is likely to decline in 2002.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Due to the uncertainty of the capital spending
plans of our customers and seasonal weakness, we expect a slight
sequential sales decline during the first quarter of 2002.
Harmonic expects to report a loss at least through the first
half of 2002, and cannot predict when it will return to
profitability.
</FONT>

<P align="left">
<B><FONT size="2">Our Customer Base Is Concentrated And The Loss
Of One Or More Of Our Key Customers Would Harm Our Business. The
Loss Of Any Key Customer Would Have A Negative Effect On Our
Business.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Historically, a majority of our sales and sales
of DiviCom have been to relatively few customers, and due in
part to the consolidation of ownership of cable television and
direct broadcast satellite systems, we expect this customer
concentration to continue in the foreseeable future. Sales to
our ten largest customers in 2001, 2000, and 1999 accounted for
approximately 49%, 52% and 75% of net sales, respectively.
Although we are attempting to broaden our customer base by
penetrating new markets such as the telco and broadcast markets,
we expect to see continuing industry consolidation and customer
concentration due in part to the significant capital costs of
constructing broadband networks. For example, Comcast and
AT&#38;T Broadband, and EchoStar and DirecTV have announced
plans to merge. Both combinations are subject to regulatory and
shareholder approvals, among other conditions. In 2001, sales to
DirecTV and Charter Communications accounted for 13% and 11% of
net sales, respectively, compared to less than 10% for each of
these customers in 2000 and 1999. In 2000, sales to AT&#38;T
Broadband accounted for 12% of net sales compared to 41% in
1999. In addition, in 2000 RCN represented 11% of net sales. No
other customer accounted for more than 10% of our net sales in
2001, 2000, or 1999. The loss of DirecTV or Charter
Communications, or any other
</FONT>

<P align="center"><FONT size="2">5
</FONT>

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<DIV align="left">
<FONT size="2">significant customer or any reduction in orders
by DirecTV, Charter Communications or any significant customer,
or our failure to qualify our products with a significant
customer could adversely affect our business, operating results
and liquidity. We cannot currently predict the impact of the
acquisition of DirecTV by EchoStar, if approved, on our future
sales. In addition, we cannot assure you that sales to other
customers will compensate for the reduction in sales to AT&#38;T
Broadband and RCN nor can we predict the impact of the AT&#38;T
Broadband merger with Comcast on our future sales. Our sales are
made on a purchase order or system contract basis, and none of
our customers has entered into a long-term agreement requiring
it to purchase our products. The loss of, or any reduction in
orders from, a significant customer would harm our business.
</FONT>
</DIV>

<P align="left">
<B><FONT size="2">Our Operating Results Are Likely To Fluctuate
Significantly And May Fail To Meet Or Exceed The Expectations Of
Securities Analysts Or Investors, Causing Our Stock Price To
Decline.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Our operating results have fluctuated in the past
and are likely to continue to fluctuate in the future, on an
annual and a quarterly basis, as a result of several factors,
many of which are outside of our control. Some of the factors
that may cause these fluctuations include:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the level and timing of capital spending of our
	customers, both in the U.S.&nbsp;and in foreign markets;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">changes in market demand;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the timing and amount of customer orders;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the timing of revenue from systems contracts
	which may span several quarters;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">competitive market conditions;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">our unpredictable sales cycles;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">new product introductions by our competitors or
	by us;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">changes in domestic and international regulatory
	environments;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">market acceptance of new or existing products;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the cost and availability of components,
	subassemblies and modules;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the mix of our customer base and sales channels;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the mix of our products sold;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">our development of custom products and software;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the level of international sales; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">economic conditions specific to the cable and
	satellite industries, and general economic conditions.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In addition, we often recognize a substantial
portion of our revenues in the last month of the quarter. We
establish our expenditure levels for product development and
other operating expenses based on projected sales levels, and
expenses are relatively fixed in the short term. Accordingly,
variations in timing of sales can cause significant fluctuations
in operating results. In addition, because a significant portion
of our business is derived from orders placed by a limited
number of large customers, the timing of such orders can also
cause significant fluctuations in our operating results. Our
expenses for any given quarter are typically based on expected
sales and if sales are below expectations, our operating results
may be adversely impacted by our inability to adjust spending to
compensate for the shortfall. As a result of all these factors,
our operating results in one or more future periods may fail to
meet or exceed the expectations of securities analysts or
investors. In that event, the trading price of our common stock
would likely decline. In this regard, due to lower than expected
sales in each quarter from the second quarter of 2000 through
the first quarter of 2001, we failed to meet our internal
expectations, as well as the expectations of securities analysts
and investors, and the price of our common stock declined
significantly.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">As a result of the September&nbsp;11, 2001
terrorist attacks in New York City and Washington, D.C., the
United States and global economies have weakened and may
continue to deteriorate, which may impair our
</FONT>

<P align="center"><FONT size="2">6
</FONT>

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<DIV align="left">
<FONT size="2">ability to ship our products within the United
States and internationally, and may result in further decreases
in our revenues and cause our stock price to decline. In
addition, it is anticipated that in the wake of these events,
the United States and global capital markets will experience a
period of continuing volatility. These events may have a
negative impact on our business as a result of the cautious
purchasing behavior of customers.
</FONT>
</DIV>

<P align="left">
<B><FONT size="2">We May Need Additional Capital In The Future
And May Not Be Able To Secure Adequate Funds On Terms Acceptable
To Us.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">While we expect to report a loss at least through
the first half of 2002, we currently believe that our existing
liquidity sources, including bank line of credit and factoring
facilities will satisfy our requirements for at least the next
twelve months. We may need to raise additional funds if our
estimates change or prove inaccurate or in order for us to
respond to unforeseen technological or marketing hurdles, or to
take advantage of unanticipated opportunities. Our ability to
raise funds may be adversely affected by a number of factors
relating to Harmonic, as well as factors beyond our control,
including increased market uncertainty following the events of
September&nbsp;11, 2001 and the ongoing U.S. war on terrorism.
There can be no assurance that such financing will be available
on terms acceptable to us, if at all.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In addition, we may review other potential
acquisitions that would complement our existing product
offerings, enhance our technical capabilities or expand our
marketing and sales presence. While we have no current
agreements or negotiations underway with respect to any
potential acquisition, any future transaction of this nature
could require potentially significant amounts of capital. If
adequate funds are not available, or are not available on
acceptable terms, we may not be able to take advantage of market
opportunities, to develop new products or to otherwise respond
to competitive pressures.
</FONT>

<P align="left">
<B><FONT size="2">We Depend On Our International Sales And Are
Subject To The Risks Associated With International Operations,
Which May Negatively Affect Our Operating Results.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Sales to customers outside of the United States
in 2001, 2000 and 1999 represented 40%, 36% and 30%, of net
sales, respectively, and we expect that international sales will
continue to represent a substantial portion of our net sales for
the foreseeable future. Our international operations are subject
to a number of risks, including:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">changes in foreign government regulations and
	telecommunications standards;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">import and export license requirements, tariffs,
	taxes and other trade barriers;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">fluctuations in currency exchange rates;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">difficulty in collecting accounts receivable;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the burden of complying with a wide variety of
	foreign laws, treaties and technical standards;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">difficulty in staffing and managing foreign
	operations; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">political and economic instability.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">While our international sales have typically been
denominated in U.S. dollars, fluctuations in currency exchange
rates could cause our products to become relatively more
expensive to customers in a particular country, leading to a
reduction in sales or profitability in that country. Following
implementation of the final phase of the Euro changeover
effective January&nbsp;1, 2002, we expect a higher portion of
our European business to be denominated in Euros which may
subject us to increased foreign currency risk. Gains and losses
on the conversion to U.S. dollars of accounts receivable,
accounts payable and other monetary assets and liabilities
arising from international operations may contribute to
fluctuations in operating results. Furthermore, payment cycles
for international customers are typically longer than those for
customers in the United States. Unpredictable sales cycles could
cause us to fail to meet or exceed the expectations of security
analysts and investors for any given period. In addition,
foreign markets may not develop in the future.
</FONT>

<P align="center"><FONT size="2">7
</FONT>

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<P align="left">
<B><FONT size="2">We Must Be Able To Manage Expenses And
Inventory Risks Associated With Meeting The Demand Of Our
Customers.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">From time to time, we receive indications from
our customers as to their future plans and requirements to
ensure that we will be prepared to meet their demand for our
products. If actual orders differ materially from these
indications, our ability to manage inventory and expenses may be
affected. In addition, if we fail to meet customers&#146; supply
expectations, we may lose business from such customers. If we
enter into purchase commitments to acquire materials, or expend
resources to manufacture products and such products are not
purchased by our customers, our business and operating results
could suffer. In this regard, our gross margins and operating
results for the last five quarters were adversely affected by
provisions for excess and obsolete inventories of approximately
$49&nbsp;million.
</FONT>

<P align="left">
<B><FONT size="2">The Markets In Which We Operate Are Intensely
Competitive And Many Of Our Competitors Are Larger And More
Established.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The markets for cable television fiber optics
systems and digital video broadcasting systems are extremely
competitive and have been characterized by rapid technological
change and declining average selling prices.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic&#146;s competitors in the cable
television fiber optics systems business include corporations
such as Arris (a company owned in part by Nortel and AT&#38;T),
C-Cor.net, Motorola, Philips and Scientific-Atlanta.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In the digital and video broadcasting systems
business, we compete broadly with vertically integrated system
suppliers including Motorola, Scientific-Atlanta, Tandberg,
Thomson Multimedia and Philips, and in certain product lines
with Cisco and Terayon and a number of smaller companies.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Most of our competitors are substantially larger
and have greater financial, technical, marketing and other
resources than Harmonic. Many of these large organizations are
in a better position to withstand any significant reduction in
capital spending by customers in these markets. They often have
broader product lines and market focus and will therefore not be
as susceptible to downturns in a particular market. In addition,
many of our competitors have been in operation longer than we
have and therefore have more long standing and established
relationships with domestic and foreign customers. We may not be
able to compete successfully in the future and competition may
harm our business.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If any of our competitors&#146; products or
technologies were to become the industry standard, our business
could be seriously harmed. For example, U.S. cable operators
have to date mostly purchased proprietary digital systems from
Motorola and Scientific-Atlanta. While certain operators have
made limited purchases of the &#147;open&#148; systems provided
by Harmonic, we cannot assure you that our digital products will
find broad market acceptance with U.S. cable operators. In
addition, companies that have historically not had a large
presence in the broadband communications equipment market have
begun recently to expand their market share through mergers and
acquisitions. The continued consolidation of our competitors
could have a significant negative impact on us. Further, our
competitors, particularly competitors of our digital and video
broadcasting systems&#146; business, may bundle their products
or incorporate functionality into existing products in a manner
that discourages users from purchasing our products or which may
require us to lower our selling prices resulting in lower gross
margins.
</FONT>

<P align="left">
<B><FONT size="2">Broadband Communications Markets Are
Relatively Immature And Characterized By Rapid Technological
Change.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Broadband communications markets are relatively
immature, making it difficult to accurately predict the
markets&#146; future growth rates, sizes or technological
directions. In view of the evolving nature of these markets, it
is possible that cable television operators, telephone companies
or other suppliers of broadband wireless and satellite services
will decide to adopt alternative architectures or technologies
that are incompatible with our current or future products. If we
are unable to design, develop, manufacture and sell products
that incorporate or are compatible with these new architectures
or technologies, our business will suffer.
</FONT>

<P align="center"><FONT size="2">8
</FONT>

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<P align="left">
<B><FONT size="2">We Need To Develop And Introduce New And
Enhanced Products In A Timely Manner To Remain
Competitive.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Broadband communications markets are
characterized by continuing technological advancement, changes
in customer requirements and evolving industry standards. To
compete successfully, we must design, develop, manufacture and
sell new or enhanced products that provide increasingly higher
levels of performance and reliability. However, we may not be
able to successfully develop or introduce these products, if our
products:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">are not cost effective,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">are not brought to market in a timely manner,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">are not in accordance with evolving industry
	standards and architectures, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">fail to achieve market acceptance.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In addition, to successfully develop and market
our planned products, we must retain and continue to attract
personnel with appropriate experience and expertise. Competition
for qualified personnel is intense. We may not be successful in
retaining and attracting qualified personnel.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Also, to successfully develop and market certain
of our planned products for digital applications, we may be
required to enter into technology development or licensing
agreements with third parties. We cannot assure you that we will
be able to enter into any necessary technology development or
licensing agreement on terms acceptable to us, or at all. The
failure to enter into technology development or licensing
agreements when necessary could limit our ability to develop and
market new products and, accordingly, could materially and
adversely affect our business and operating results.
</FONT>

<P align="left">
<B><FONT size="2">We Need To Effectively Manage Our Operations
And The Cyclical Nature Of Our Business.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The growth of our operations and cyclical nature
of our business has placed, and is expected to continue to
place, a significant strain on our personnel, management and
other resources. This strain has been exacerbated by the
acquisition of DiviCom and the subsequent loss of numerous
employees, including senior management. In addition, we reduced
our work force by approximately 30% during 2001 due to reduced
industry spending and demand for our products. Our ability to
manage our business effectively in the future, including any
future growth, will require us to train, motivate and manage our
employees successfully, to attract and integrate new employees
into our overall operations, to retain key employees and to
continue to improve our operational, financial and management
systems. In particular, in April 2001 we implemented a new
management information system. We believe this new system
significantly affects many aspects of our business, including
accounting, manufacturing operations, purchasing, sales and
marketing functions. The successful operation of this system is
critical to our business. While the initial phase of
implementation has been successful, there can be no assurance
that we will complete the transition to the new system in an
efficient, cost-effective or timely manner or that the new
information system will be adequate to support all of our
operations. If we fail to manage our existing operations or any
future growth effectively, our business could suffer.
</FONT>

<P align="left">
<B><FONT size="2">Competition For Qualified Personnel Is
Intense, And We May Not Be Successful In Attracting And
Retaining Personnel.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Our future success will depend, to a significant
extent, on the ability of our management to operate effectively,
both individually and as a group. We are dependent on our
ability to retain and motivate high caliber personnel, in
addition to attracting new personnel. In spite of the current
worldwide economic slowdown, competition for qualified technical
and other personnel remains intense, particularly in the San
Francisco Bay Area and Israel, and we may not be successful in
attracting and retaining such personnel.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Competitors and others have in the past and may
in the future attempt to recruit our employees. While our
employees are required to sign standard agreements concerning
confidentiality and ownership of inventions, we generally do not
have employment contracts or noncompetition agreements with any
of our
</FONT>

<P align="center"><FONT size="2">9
</FONT>

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<DIV align="left">
<FONT size="2">personnel. The loss of the services of any of our
key personnel, the inability to attract or retain qualified
personnel in the future or delays in hiring required personnel,
particularly engineers and other technical personnel, could
negatively affect our business.
</FONT>
</DIV>

<P align="left">
<B><FONT size="2">We Are Liable For C-Cube&#146;s Pre-Merger Tax
Liabilities, Including Tax Liabilities Resulting From The
Spin-Off Of Its Semiconductor Business.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The spin-off of C-Cube&#146;s semiconductor
business gave rise to a significant tax liability of
approximately $320&nbsp;million based on a valuation of the
semiconductor business of $1.1&nbsp;billion. The estimated
liability was paid in 2000. Under state law, Harmonic generally
is liable for all of C-Cube&#146;s debts, including
C-Cube&#146;s liability for taxes resulting from the spin-off
and other pre-merger tax liabilities. C-Cube retained and
transferred to Harmonic in the merger an amount of cash and
other consideration sufficient to pay this liability as well as
all other tax liabilities of C-Cube and its subsidiaries for
periods prior to the merger. The merger agreement stipulates
that Harmonic will be indemnified by the spun-off semiconductor
business if the cash reserves are not sufficient to satisfy all
of C-Cube&#146;s tax liabilities for periods prior to the
merger. If for any reason, the spun-off semiconductor business
does not have sufficient cash to pay such taxes, or if there are
additional taxes due with respect to the non-semiconductor
business and Harmonic cannot be indemnified by C-Cube, Harmonic
generally will remain liable, and such liability could have a
material adverse effect on Harmonic. The spun-off semiconductor
business was recently acquired by LSI Logic, which assumed these
obligations to Harmonic.
</FONT>

<P align="left">
<B><FONT size="2">Due To The Structure Of The Merger
Transaction, Harmonic Is Liable For C-Cube&#146;s General
Pre-Merger Liabilities And Any Liabilities Relating To
C-Cube&#146;s Semiconductor Business For Which The Spun-off
Semiconductor Business Is Unable To Indemnify
Harmonic.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The merger of C-Cube into Harmonic, with Harmonic
as the surviving entity, resulted in our assuming all of the
liabilities of C-Cube at the time of the merger. Pursuant to the
merger agreement, Harmonic is indemnified by the spun-off
semiconductor business for liabilities associated with
C-Cube&#146;s historic semiconductor business. However, if LSI
Logic is unable to fulfill its indemnification obligations to
Harmonic or if general liability claims not specifically
associated with C-Cube&#146;s historic semiconductor business
are asserted, we would have to assume such obligations. Those
obligations could adversely effect our financial condition.
</FONT>

<P align="left">
<B><FONT size="2">We May Be Subject To Risks Associated With
Other Acquisitions.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We have made and may make investments in
complementary companies, products or technologies. If we make
acquisitions, we could have difficulty assimilating or retaining
the acquired companies&#146; personnel and operations or
integrating the acquired technology or products into ours. These
difficulties could disrupt our ongoing business, distract our
management and employees and increase our expenses. Moreover,
our operating results may suffer because of acquisition-related
expenses, amortization of intangible assets and impairment of
acquired goodwill or intangible assets. Furthermore, we may have
to incur debt or issue equity securities to pay for any future
acquisitions, the issuance of which could be dilutive to our
existing shareholders. If we are unable to successfully address
any of these risks, our business, financial condition and
operating results could be harmed.
</FONT>

<P align="left">
<B><FONT size="2">Difficulties In The Development And Production
Of Video Encoding Chips By C-Cube&#146;s Spun-off Semiconductor
Business May Adversely Impact Us.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The DiviCom business and C-Cube semiconductor
business collaborated on the production and development of two
video encoding microelectronic chips prior to the merger. In
connection with the merger, Harmonic and the spun-off
semiconductor business entered into a contractual relationship
under which Harmonic will have access to certain of the spun-off
semiconductor business technologies and products which the
DiviCom business previously depended on for its product and
service offerings.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">However, under the contractual relationships
between Harmonic and the spun-off semiconductor business, which
was recently acquired by LSI&nbsp;Logic, the semiconductor
business does not have a firm
</FONT>

<P align="center"><FONT size="2">10
</FONT>

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<DIV align="left">
<FONT size="2">commitment to continue the development of video
encoding microelectronic chips. As a result, the semiconductor
business may choose not to continue future development of the
chips for any reason. The semiconductor business may also
encounter in the future technological difficulties in the
production and development of the chips. If the spun-off
semiconductor business is not able to or does not sustain its
development and production efforts in this area, we may not be
able to fully recognize the benefits of the acquisition. See
&#147;Supply, License and Development Agreement&#148; at
page&nbsp;60 of the joint proxy statement filed with the
Securities and Exchange Commission on March&nbsp;23, 2000, for
further details of Harmonic&#146;s business relationship with
the spun-off semiconductor business after the merger.
</FONT>
</DIV>

<P align="left">
<B><FONT size="2">If Sales Forecasted For A Particular Period
Are Not Realized In That Period Due To The Unpredictable Sales
Cycles Of Our Products, Our Operating Results For That Period
Will Be Harmed.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The sales cycles of many of our products,
particularly our newer products and products sold
internationally, are typically unpredictable and usually involve:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">a significant technical evaluation;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">a commitment of capital and other resources by
	cable, satellite, and other network operators;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">capital expenditures;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">time required to engineer the deployment of new
	technologies or services within broadband networks; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">testing and acceptance of new technologies that
	affect key operations.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">For these and other reasons, our sales cycles
generally last three to six months, but can last up to
12&nbsp;months. If orders forecasted for a specific customer for
a particular quarter do not occur in that quarter, our operating
results for that quarter could be substantially lower than
anticipated.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">As a result of the merger, a significant portion
of our revenue is derived from solution contracts. A substantial
portion of CS division revenues are from solution contracts that
include a combination of product sales as well as design,
installation and integration services. Revenue forecasts for
solution contracts are based on the estimated timing of the
design, installation and integration of projects. Because the
solution contracts generally span several quarters and revenue
recognition is based on progress under the contract, the timing
of revenue is difficult to predict and could result in lower
than expected revenue in any particular quarter.
</FONT>

<P align="left">
<B><FONT size="2">Our Failure To Adequately Protect Our
Proprietary Rights May Adversely Affect Us.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We currently hold 39&nbsp;issued United States
patents and 8&nbsp;issued foreign patents, and have a number of
patent applications pending. Although we attempt to protect our
intellectual property rights through patents, trademarks,
copyrights, licensing arrangements, maintaining certain
technology as trade secrets and other measures, we cannot assure
you that any patent, trademark, copyright or other intellectual
property rights owned by us will not be invalidated,
circumvented or challenged, that such intellectual property
rights will provide competitive advantages to us or that any of
our pending or future patent applications will be issued with
the scope of the claims sought by us, if at all. We cannot
assure you that others will not develop technologies that are
similar or superior to our technology, duplicate our technology
or design around the patents that we own. In addition, effective
patent, copyright and trade secret protection may be unavailable
or limited in certain foreign countries in which we do business
or may do business in the future.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We believe that the future success of our
business will depend on our ability to translate the
technological expertise and innovation of our personnel into new
and enhanced products. We generally enter into confidentiality
or license agreements with our employees, consultants, vendors
and customers as needed, and generally limit access to and
distribution of our proprietary information. Nevertheless, we
cannot assure you that the steps taken by us will prevent
misappropriation of our technology. In addition, we have taken
in the past, and may take in the future, legal action to enforce
our patents and other intellectual property rights, to protect
our trade secrets, to determine the validity and scope of the
proprietary rights of others, or to defend
</FONT>

<P align="center"><FONT size="2">11
</FONT>

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<DIV align="left">
<FONT size="2">against claims of infringement or invalidity.
Such litigation could result in substantial costs and diversion
of resources and could negatively effect our business, operating
results, financial position and liquidity.
</FONT>
</DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In order to successfully develop and market
certain of our planned products for digital applications, we may
be required to enter into technology development or licensing
agreements with third parties. Although many companies are often
willing to enter into such technology development or licensing
agreements, we cannot assure you that such agreements will be
negotiated on terms acceptable to us, or at all. The failure to
enter into technology development or licensing agreements, when
necessary, could limit our ability to develop and market new
products and could cause our business to suffer.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic&#146;s industry is characterized by the
existence of a large number of patents and frequent claims and
related litigation regarding patent and other intellectual
property rights. In particular, leading companies in the
telecommunications industry have extensive patent portfolios.
From time to time, third parties, including these leading
companies, have asserted and may assert exclusive patent,
copyright, trademark and other intellectual property rights
against us or our customers. Indeed, a number of third parties,
including leading companies, have asserted patent rights to
technologies that are important to us. We expect to increasingly
be subject to infringement claims asserted by third parties as
the numbers of products and competitors in the
telecommunications industry grow. In this regard, since December
2000, we have been in communication with several of
Harmonic&#146;s customers who have been contacted by one of
these leading companies that believes certain of our products
require a license under a number of their patents. We currently
are reviewing the identified patents to examine whether we
consider a license necessary. While it is our understanding that
the third party is willing to grant our customers a
non-exclusive license under the identified patents, there can be
no assurance that the terms of any offered license would be
acceptable to our customers or that failure to obtain a license
or the costs associated with any license would not cause our
operating results to be materially adversely affected.
</FONT>

<P align="left">
<B><FONT size="2">We Purchase Several Key Components,
Subassemblies And Modules Used In The Manufacture Or Integration
Of Our Products From Sole Or Limited Sources, And We Are
Increasingly Dependent On Contract Manufacturers.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Many components, subassemblies and modules
necessary for the manufacture or integration of our products are
obtained from a sole supplier or a limited group of suppliers.
Our reliance on sole or limited suppliers, particularly foreign
suppliers, and our increased reliance on subcontractors since
the merger with C-Cube involves several risks, including a
potential inability to obtain an adequate supply of required
components, subassemblies or modules and reduced control over
pricing, quality and timely delivery of components,
subassemblies or modules. In particular, certain optical
components have in the past been in short supply and are
available only from a small number of suppliers, including sole
source suppliers. While we expend considerable efforts to
qualify additional optical component sources, consolidation of
suppliers in the industry and the small number of viable
alternatives have limited the results of these efforts. We do
not generally maintain long-term agreements with any of our
suppliers or subcontractors. An inability to obtain adequate
deliveries or any other circumstance that would require us to
seek alternative sources of supply could affect our ability to
ship our products on a timely basis, which could damage
relationships with current and prospective customers and harm
our business. We attempt to limit this risk by maintaining
safety stocks of these components, subassemblies and modules. As
a result of this investment in inventories, we have in the past
and in the future may be subject to risk of excess and obsolete
inventories, which could harm our business. In this regard, our
gross margins and operating results for the last five quarters
were adversely affected by excess and obsolete inventory charges
of approximately $49&nbsp;million.
</FONT>

<P align="left">
<B><FONT size="2">We Face Risks Associated With Having Important
Facilities And Resources Located In Israel.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic maintains two facilities in the State of
Israel with a total of approximately 80&nbsp;employees. The
personnel at these facilities represent a significant portion of
our research and development operations. Accordingly, we are
directly influenced by the political, economic and military
conditions affecting Israel, and any major hostilities involving
Israel or the interruption or curtailment of trade between
Israel and its present trading partners could significantly harm
our business. The September terrorist attacks, the ongoing
U.S.&nbsp;war
</FONT>

<P align="center"><FONT size="2">12
</FONT>

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<DIV align="left">
<FONT size="2">on terrorism and the escalation of terrorist
attacks and hostilities within Israel have heightened these
risks. We cannot assure you that the protraction or escalation
of current tensions in the Middle East will not adversely affect
our business and results of operations.
</FONT>
</DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In addition, most of our employees in Israel are
currently obligated to perform annual reserve duty in the Israel
Defense Forces and are subject to being called for active
military duty at any time. We cannot predict the effect of these
obligations on Harmonic in the future.
</FONT>

<P align="left">
<B><FONT size="2">We Are The Subject Of Securities
Class&nbsp;Action Claims And Other Litigation Which, If
Adversely Determined, Could Harm Our Business And Operating
Results.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Between June&nbsp;28 and August&nbsp;25, 2000,
several actions alleging violations of the federal securities
laws by Harmonic and certain of its officers and directors (some
of whom are no longer with Harmonic) were filed in or removed to
the United States District Court for the Northern District of
California. The actions subsequently were consolidated.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">A consolidated complaint, filed on
December&nbsp;7, 2000, was brought on behalf of a purported
class of persons who purchased Harmonic&#146;s publicly traded
securities between January&nbsp;19 and June&nbsp;26, 2000. The
complaint also alleged claims on behalf of a purported subclass
of persons who purchased C-Cube securities between
January&nbsp;19 and May&nbsp;3, 2000. In addition to Harmonic
and certain of its officers and directors, the complaint also
named C-Cube Microsystems Inc. and several of its officers and
directors as defendants. The complaint alleged that, by making
false or misleading statements regarding Harmonic&#146;s
prospects and customers and its acquisition of C-Cube, certain
defendants violated sections&nbsp;10(b) and 20(a) of the
Securities Exchange Act of 1934. The complaint also alleged that
certain defendants violated section 14(a) of the Exchange Act
and sections&nbsp;11, 12(a)(2), and 15 of the Securities Act of
1933 by filing a false or misleading registration statement,
prospectus, and joint proxy in connection with the C-Cube
acquisition.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">On July&nbsp;3, 2001, the Court dismissed the
consolidated complaint with leave to amend. An amended complaint
alleging the same claims against the same defendants was filed
on August&nbsp;13, 2001. Defendants moved to dismiss the amended
complaint on September&nbsp;24, 2001. Pursuant to the
Court&#146;s July&nbsp;3, 2001 order, no hearing on the motions
will be held unless the Court sets one.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">A derivative action purporting to be on behalf of
Harmonic was filed against its then-current directors in the
Superior Court for the County of Santa Clara on
September&nbsp;5, 2000. Harmonic also was named as a nominal
defendant. The complaint is based on allegations similar to
those found in the securities class actions and claims that the
defendants breached their fiduciary duties by, among other
things, causing Harmonic to violate federal securities laws. The
derivative action was removed to the United States District
Court for the Northern District of California on
September&nbsp;20, 2000. All deadlines in this action have been
stayed pending resolution of the motions to dismiss the
securities actions. At an April&nbsp;5, 2002 case management
conference, the court continued the conference until
June&nbsp;7, 2002. The court stated that the parties need not
appear if no decision on the motions to dismiss the securities
action had been issued by that date.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Based on its review of the complaints filed in
the securities class action, Harmonic believes that it has
meritorious defenses and intends to defend itself vigorously.
There can be no assurance, however, that Harmonic will prevail.
An unfavorable outcome of this litigation could have a material
adverse effect on Harmonic&#146;s business, operating results,
financial position and liquidity.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In November 2001, we were sued in Tennessee state
court by a company alleging breach of contract and breach of a
Tennessee statute relating to retailers and suppliers. The suit
has a claim for $2.5&nbsp;million and other unspecified damages,
lost profits and attorneys&#146; fees. The suit has since been
removed to Federal Court and a trial date has been set for June
2003. Harmonic believes that it has meritorious defenses and
will defend the suit vigorously. However, we cannot assure you
that an unfavorable outcome will not adversely impact our
business, operating results, financial position and liquidity.
</FONT>

<P align="center"><FONT size="2">13
</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="left">
<B><FONT size="2">Our Stock Price May Be Volatile.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The market price of our common stock has
fluctuated significantly in the past, particularly in recent
years, and is likely to fluctuate in the future. In addition,
the securities markets have experienced significant price and
volume fluctuations and the market prices of the securities of
technology companies have been especially volatile. Investors
may be unable to resell their shares of our common stock at or
above their purchase price. In the past, companies that have
experienced volatility in the market price of their stock have
been the object of securities class action litigation.
</FONT>

<P align="left">
<B><FONT size="2">We Rely On A Continuous Power Supply To
Conduct Our Operations, And California&#146;s Current Electrical
And Natural Gas Crisis Could Disrupt Our Operations And Increase
Our Expenses.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We rely on a continuous power supply for
manufacturing and to conduct our business operations.
Interruptions in electrical power supplies in California in the
early part of last year could recur in the future. In addition,
the cost of electricity and natural gas has risen significantly.
Power outages could disrupt our manufacturing and business
operations and those of many of our suppliers, and could cause
us to fail to meet production schedules and commitments to
customers and other third parties. Any disruption to our
operations or those of our suppliers could result in damage to
our current and prospective business relationships and could
result in lost revenue and additional expenses, thereby harming
our business and operating results.
</FONT>

<P align="left">
<B><FONT size="2">Our Certificate Of Incorporation And Bylaws
And Delaware Law Contain Provisions That Could Discourage A
Takeover.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Provisions of our Amended and Restated
Certificate of Incorporation, Bylaws, and Delaware law could
make it more difficult for a third party to acquire us, even if
doing so would be beneficial to our stockholders.
</FONT>

<P align="center"><FONT size="2">14
</FONT>

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<!-- link1 "<FONT size="2">USE OF PROCEEDS</FONT>" -->
<DIV align="left"><A NAME="002"></A></DIV>

<P align="center">
<B><FONT size="2">USE OF PROCEEDS</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless otherwise indicated in the prospectus
supplement, the net proceeds from the sale of securities offered
by this prospectus will be used for general corporate purposes,
including capital expenditures and to meet working capital
needs. We expect from time to time to evaluate the acquisition
of businesses, products and technologies for which a portion of
the net proceeds may be used. Pending such uses, we will invest
the net proceeds in interest-bearing securities.
</FONT>

<!-- link1 "<FONT size="2">RATIO OF EARNINGS AVAILABLE TO COVER FIXED CHARGES</FONT>" -->
<DIV align="left"><A NAME="003"></A></DIV>

<P align="center">
<B><FONT size="2">RATIO OF EARNINGS AVAILABLE TO COVER FIXED
CHARGES</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The ratio of earnings to combined fixed charges
and preferred stock dividends is identical to the ratio of
earnings to fixed charges because we have not issued any
preferred stock. The ratio of earnings to fixed charges and the
ratio of earnings to combined fixed charges and preferred stock
dividends for each of the periods indicated is as follows:
</FONT>

<CENTER>
<TABLE width="90%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="60%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="2%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="19"></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="19" align="center" nowrap><B><FONT size="1">Fiscal Year Ended December 31,</FONT></B></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="19" align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">1997</FONT></B></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">1998</FONT></B></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">1999</FONT></B></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">2000</FONT></B></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">2001</FONT></B></TD>
</TR>

<TR>
	<TD></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Ratio of earnings available to cover fixed
	charges(a)
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">12:1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">&#151;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">51:1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">&#151;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">&#151;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

</TABLE>
</CENTER>

<DIV align="left">
<HR size="1" width="18%" align="left" noshade>
</DIV>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="4%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">(a)&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Due to our losses in 1998, 2000, and 2001, the
	ratio coverage was less than 1:1. Additional earnings of
	$21.5&nbsp;million, $1.7&nbsp;billion, and $167.2&nbsp;million
	would have been required in each of those periods, respectively,
	to achieve a coverage of 1:1.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In calculating the ratio of earnings available to
cover fixed charges, &#147;earnings&#148; consist of net income
(loss) before provisions for income taxes plus fixed charges.
Fixed charges consist of:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">interest expense; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">one-third of our rental expense, which we believe
	to be representative of interest attributable to rentals.
	</FONT></TD>
</TR>

</TABLE>

<!-- link1 "<FONT size="2">DESCRIPTION OF THE DEBT SECURITIES</FONT>" -->
<DIV align="left"><A NAME="004"></A></DIV>

<P align="center">
<B><FONT size="2">DESCRIPTION OF THE DEBT SECURITIES</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The debt securities may be either secured or
unsecured and will either be our senior debt securities or our
subordinated debt securities. The debt securities will be issued
under one or more separate indentures between us and a trustee.
Senior debt securities will be issued under a senior indenture
and subordinated debt securities will be issued under a
subordinated indenture. Together, the senior indenture and
subordinated indenture are called indentures. This prospectus,
together with the applicable prospectus supplement, will
describe all the material terms of a particular series of debt
securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The following is a summary of selected provisions
and definitions of the indentures. The summary of selected
provisions of the indentures and the debt securities appearing
below is not complete and is subject to, and qualified entirely
by reference to, all of the provisions of the applicable
indenture and certificates evidencing the applicable debt
securities. For additional information, you should look at the
applicable indenture and the certificate evidencing the
applicable debt security that is filed as an exhibit to the
registration statement which includes this prospectus. In this
description of the debt securities, the words
&#147;Harmonic&#148;, &#147;we&#148;, &#147;us,&#148;
&#147;its&#148; or &#147;our&#148; refer only to Harmonic Inc.
and not to any of our subsidiaries.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The following description sets forth selected
general terms and provisions of the applicable indenture and
debt securities to which any prospectus supplement may relate.
Other specific terms of the applicable indenture and debt
securities will be described in the applicable prospectus
supplement. If any particular terms of the indenture or debt
securities described in a prospectus supplement differ from any
of the terms described below, then the terms described below
will be deemed to have been superceded by that prospectus
supplement.
</FONT>

<P align="center"><FONT size="2">15
</FONT>

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<P align="left">
<B><FONT size="2">General</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Debt securities may be issued in separate series
without limitation as to aggregate principal amount. We may
specify a maximum aggregate principal amount for the debt
securities of any series.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We are not limited as to the amount of debt
securities we may issue under the indentures. Unless otherwise
provided in a prospectus supplement, a series of debt securities
may be reopened to issue additional debt securities of such
series.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The prospectus supplement relating to a
particular series of debt securities will set forth:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">whether the debt securities are senior or
	subordinated,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the offering price,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the title,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any limit on the aggregate principal amount,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the person who shall be entitled to receive
	interest, if other than the record holder on the record date,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the date or dates the principal will be payable,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the interest rate or rates, which may be fixed or
	variable, if any, the date interest will accrue, the interest
	payment dates and the regular record dates or the method for
	calculating the dates and rates,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the place where payments may be made,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any mandatory or optional redemption provisions
	or sinking fund provisions and any applicable redemption or
	purchase prices associated with these provisions,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if issued other than in denominations of U.S.
	$1,000 or any multiple of U.S. $1,000, the denominations in
	which the debt securities shall be issuable,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if applicable, the method for determining how the
	principal, premium, if any, or interest will be calculated by
	reference to an index or formula,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if other than U.S. currency, the currency or
	currency units in which principal, premium, if any, or interest
	will be payable and whether we or a holder may elect payment to
	be made in a different currency,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the portion of the principal amount that will be
	payable upon acceleration of maturity, if other than the entire
	principal amount,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if the principal amount payable at stated
	maturity will not be determinable as of any date prior to stated
	maturity, the amount or method for determining the amount which
	will be deemed to be the principal amount,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if applicable, whether the debt securities shall
	be subject to the defeasance provisions described below under
	&#147;Satisfaction and discharge; defeasance&#148; or such other
	defeasance provisions specified in the applicable prospectus
	supplement for the debt securities,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any conversion or exchange provisions,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">whether the debt securities will be issuable in
	the form of a global security,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any subordination provisions applicable to the
	subordinated debt securities if different from those described
	below under &#147;Subordinated Debt Securities,&#148;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any paying agents, authenticating agents,
	security registrars or other agents for the debt securities,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any provisions relating to any security provided
	for the debt securities, including any provisions regarding the
	circumstances under which collateral may be released or
	substituted,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any deletions of, or changes or additions to, the
	events of default, acceleration provisions or covenants,
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">16
</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any provisions relating to guaranties for the
	securities and any circumstances under which there may be
	additional obligors; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any other specific terms of such debt securities.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless otherwise specified in the prospectus
supplement, the debt securities will be registered debt
securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Debt securities may be sold at a substantial
discount below their stated principal amount, bearing no
interest or interest at a rate which at time of issuance is
below market rates. The United States federal income tax
considerations applicable to debt securities sold at a discount
will be described in the applicable prospectus supplement.
</FONT>

<P align="left">
<B><FONT size="2">Exchange and Transfer</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Debt securities may be transferred or exchanged
at the office of the security registrar or at the office of any
transfer agent designated by us.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We will not impose a service charge for any
transfer or exchange, but we may require holders to pay any tax
or other governmental charges associated with any transfer or
exchange.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In the event of any partial redemption of debt
securities of any series, we will not be required to:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">issue, register the transfer of, or exchange, any
	debt security of that series during a period beginning at the
	opening of business 15&nbsp;days before the day of mailing of a
	notice of redemption and ending at the close of business on the
	day of the mailing, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">register the transfer of or exchange any debt
	security of that series selected for redemption, in whole or in
	part, except the unredeemed portion being redeemed in part.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We have initially appointed the trustee as the
security registrar. Any transfer agent, and any other security
registrar, will be named in the prospectus supplement. We may
designate additional transfer agents or change transfer agents
or change the office of the transfer agent. However, we will be
required to maintain a transfer agent in each place of payment
for the debt securities of each series.
</FONT>

<P align="left">
<B><FONT size="2">Global Securities</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The debt securities of any series may be
represented, in whole or in part, by one or more global
securities. Each global security will:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">be registered in the name of a depositary, or its
	nominee, that we will identify in a prospectus supplement,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">be deposited with the depositary or nominee or
	custodian, and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">bear any required legends.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">No global security may be exchanged in whole or
in part for debt securities registered in the name of any person
other than the depositary or any nominee unless:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the depositary has notified us that it is
	unwilling or unable to continue as depositary or has ceased to
	be qualified to act as depositary,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">an event of default is continuing with respect to
	the debt securities of the applicable series, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any other circumstance described in a prospectus
	supplement has occurred permitting or requiring the issuance of
	any such security.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">As long as the depositary, or its nominee, is the
registered owner of a global security, the depositary or nominee
will be considered the sole owner and holder of the debt
securities represented by the global security
</FONT>

<P align="center"><FONT size="2">17
</FONT>

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<DIV align="left">
<FONT size="2">for all purposes under the indentures. Except in
the above limited circumstances, owners of beneficial interests
in a global security will not be:
</FONT>
</DIV>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">entitled to have the debt securities registered
	in their names,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">entitled to physical delivery of certificated
	debt securities, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">considered to be holders of those debt securities
	under the indenture.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Payments on a global security will be made to the
depositary or its nominee as the holder of the global security.
Some jurisdictions have laws that require that certain
purchasers of securities take physical delivery of such
securities in definitive form. These laws may impair the ability
to transfer beneficial interests in a global security.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Institutions that have accounts with the
depositary or its nominee are referred to as
&#147;participants.&#148; Ownership of beneficial interests in a
global security will be limited to participants and to persons
that may hold beneficial interests through participants. The
depositary will credit, on its book-entry registration and
transfer system, the respective principal amounts of debt
securities represented by the global security to the accounts of
its participants.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Ownership of beneficial interests in a global
security will be shown on and effected through records
maintained by the depositary, with respect to participants&#146;
interests, or any participant, with respect to interests of
persons held by participants on their behalf.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Payments, transfers and exchanges relating to
beneficial interests in a global security will be subject to
policies and procedures of the depositary. The depositary
policies and procedures may change from time to time. Neither we
nor any trustee will have any responsibility or liability for
the depositary&#146;s or any participant&#146;s records with
respect to beneficial interests in a global security.
</FONT>

<P align="left">
<B><FONT size="2">Payment and Paying Agents</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless otherwise indicated in a prospectus
supplement, the provisions described in this paragraph will
apply to the debt securities. Payment of interest on a debt
security on any interest payment date will be made to the person
in whose name the debt security is registered at the close of
business on the regular record date. Payment on debt securities
of a particular series will be payable at the office of a paying
agent or paying agents designated by us. However, at our option,
we may pay interest by mailing a check to the record holder. The
corporate trust office will be designated as our sole paying
agent.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may also name any other paying agents in a
prospectus supplement. We may designate additional paying
agents, change paying agents or change the office of any paying
agent. However, we will be required to maintain a paying agent
in each place of payment for the debt securities of a particular
series.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">All moneys paid by us to a paying agent for
payment on any debt security which remain unclaimed for a period
ending the earlier of:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">10 business days prior to the date the money
	would be turned over to the applicable state, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">at the end of two years after such payment was
	due,
	</FONT></TD>
</TR>

</TABLE>

<P align="left">
<FONT size="2">will be repaid to us. Thereafter, the holder may
look only to us for such payment.
</FONT>

<P align="left">
<B><FONT size="2">No Protection in the Event of a Change of
Control</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless otherwise indicated in a prospectus
supplement with respect to a particular series of debt series,
the debt securities will not contain any provisions which may
afford holders of the debt securities protection in the event we
have a change in control or in the event of a highly leveraged
transaction (whether or not such transaction results in a change
in control).
</FONT>

<P align="center"><FONT size="2">18
</FONT>

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<P align="left">
<B><FONT size="2">Covenants</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless otherwise indicated in a prospectus
supplement, the debt securities will not contain any restrictive
covenants, including covenants restricting either us or any of
our subsidiaries from incurring, issuing, assuming or
guarantying any indebtedness secured by a lien on any of our or
our subsidiaries&#146; property or capital stock, or restricting
either us or any of our subsidiaries from entering into sale and
leaseback transactions.
</FONT>

<P align="left">
<B><FONT size="2">Consolidation, Merger and Sale of
Assets</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless we indicate otherwise in a prospectus
supplement, we may not consolidate with or merge into any other
person, in a transaction in which we are not the surviving
corporation, or convey, transfer or lease our properties and
assets substantially as an entirety to, any person, unless:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the successor entity, if any, is a U.S.
	corporation, limited liability company, partnership or trust,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the successor entity assumes our obligations on
	the debt securities and under the indentures,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">immediately after giving effect to the
	transaction, no default or event of default shall have occurred
	and be continuing, and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">certain other conditions are met.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">
<B><FONT size="2">Events of Default</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless we indicate otherwise in a prospectus
supplement, the following will be events of default for any
series of debt securities under the indentures:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(1)&nbsp;we fail to pay principal of or any
	premium on any debt security of that series when due,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(2)&nbsp;we fail to pay any interest on any debt
	security of that series for 30&nbsp;days after it becomes due,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(3)&nbsp;we fail to deposit any sinking fund
	payment when due,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(4)&nbsp;we fail to perform any other covenant in
	the indenture and such failure continues for 90&nbsp;days after
	we are given the notice required in the indentures, and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(5)&nbsp;certain events including bankruptcy,
	insolvency or reorganization of Harmonic.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Additional or different events of default
applicable to a series of debt securities may be described in a
prospectus supplement. An event of default of one series of debt
securities is not necessarily an event of default for any other
series of debt securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The trustee may withhold notice to the holders of
any default, except defaults in the payment of principal,
premium, if any, interest, any sinking fund installment on, or
with respect to any conversion right of, the debt securities of
such series. However, the trustee must consider it to be in the
interest of the holders of the debt securities of such series to
withhold this notice.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless we indicate otherwise in a prospectus
supplement, if an event of default, other than an event of
default described in clause&nbsp;(5) above, shall occur and be
continuing, either the trustee or the holders of at least 25% in
aggregate principal amount of the outstanding securities of that
series may declare the principal amount of the debt securities
of that series (or if any debt securities of that series are
original issue discount securities, such other amount as may be
specified in the applicable prospectus supplement), together
with accrued and unpaid interest, if any, thereon to be due and
payable immediately.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If an event of default described in
clause&nbsp;(5) above shall occur, the principal amount of all
the debt securities of that series (or if any debt securities of
that series are original issue discount securities, such other
amount as may be specified in the applicable prospectus
supplement), together with accrued and unpaid interest, if any,
thereon will automatically become immediately due and payable.
Any payment by us on the subordinated debt securities following
any such acceleration will be subject to the subordination
provisions described below under &#147;Subordinated Debt
Securities.&#148;
</FONT>

<P align="center"><FONT size="2">19
</FONT>

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<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">After acceleration the holders of a majority in
aggregate principal amount of the outstanding securities of that
series may, under certain circumstances, rescind and annul such
acceleration if all events of default, other than the
non-payment of accelerated principal, or other specified
amounts, have been cured or waived.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Other than the duty to act with the required care
during an event of default, the trustee will not be obligated to
exercise any of its rights or powers at the request of the
holders unless the holders shall have offered to the trustee
reasonable indemnity. Generally, the holders of a majority in
aggregate principal amount of the outstanding debt securities of
any series will have the right to direct the time, method and
place of conducting of any proceeding for any remedy available
to the trustee or exercising any trust or power conferred on the
trustee.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">A holder will not have any right to institute any
proceeding under the indentures, or for the appointment of a
receiver or a trustee, or for any other remedy under the
indentures, unless:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(1)&nbsp;the holder has previously given to the
	trustee written notice of a continuing event of default with
	respect to the debt securities of that series,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(2)&nbsp;the holders of at least a majority in
	aggregate principal amount of the outstanding debt securities of
	that series have made a written request and have offered
	reasonable indemnity to the trustee to institute the proceeding,
	and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(3)&nbsp;the trustee has failed to institute the
	proceeding and has not received direction inconsistent with the
	original request from the holders of a majority in aggregate
	principal amount of the outstanding debt securities of that
	series within 60&nbsp;days after the original request.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Holders may, however, sue to enforce the payment
of principal, premium or interest on any debt security on or
after the due date or to enforce the right, if any, to convert
any debt security (if the debt security is convertible) without
following the procedures listed in (1)&nbsp;through
(3)&nbsp;above.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We will furnish the trustee an annual statement
by our officers as to whether or not we are in default in the
performance of the conditions and covenants under the indenture
and, if so, specifying all known defaults.
</FONT>

<P align="left">
<B><FONT size="2">Modification and Waiver</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Unless we indicate otherwise in a prospectus
supplement, Harmonic and the applicable trustee may make
modifications and amendments to an indenture with the consent of
the holders of a majority in aggregate principal amount of the
outstanding securities of each series affected by the
modification or amendment.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may also make modifications and amendments to
the indentures for the benefit of holders without their consent,
for certain purposes including, but not limited to:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">providing for our successor to assume the
	covenants under the indenture,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">adding covenants or events of default,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">making certain changes to facilitate the issuance
	of the securities,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">securing the securities,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">providing for a successor trustee or additional
	trustees,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">curing any ambiguities or inconsistencies,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">providing for guaranties of, or additional
	obligors on, the securities;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">permitting of facilitating the defeasance and
	discharge of the securities, and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">other changes specified in the indenture.
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">20
</FONT>

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<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">However, neither we nor the trustee may make any
modification or amendment without the consent of the holder of
each outstanding security of that series affected by the
modification or amendment if such modification or amendment
would:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">change the stated maturity of any debt security,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">reduce the principal, premium, if any, or
	interest on any debt security,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">reduce the principal of an original issue
	discount security or any other debt security payable on
	acceleration of maturity,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">change the place of payment or the currency in
	which any debt security is payable,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">impair the right to enforce any payment after the
	stated maturity or redemption date,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if subordinated debt securities, modify the
	subordination provisions in a materially adverse manner to the
	holders,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">adversely affect the right to convert any debt
	security if the debt security is a convertible debt security, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">change the provisions in the indenture that
	relate to modifying or amending the indenture.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">
<B><FONT size="2">Satisfaction and Discharge;
Defeasance</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may be discharged from our obligations on the
debt securities of any series that have matured or will mature
or be redeemed within one year if we deposit enough money with
the trustee to pay all the principal, interest and any premium
due to the stated maturity date or redemption date of the debt
securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Each indenture contains a provision that permits
us to elect either or both of the following:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">We may elect to be discharged from all of our
	obligations, subject to limited exceptions, with respect to any
	series of debt securities then outstanding. If we make this
	election, the holders of the debt securities of the series will
	not be entitled to the benefits of the indenture, except for the
	rights of holders to receive payments on debt securities or the
	registration of transfer and exchange of debt securities and
	replacement of lost, stolen or mutilated debt securities.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">We may elect to be released from our obligations
	under some or all of any financial or restrictive covenants
	applicable to the series of debt securities to which the
	election relates and from the consequences of an event of
	default resulting from a breach of these covenants.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">To make either of the above elections, we must
deposit in trust with the trustee enough money to pay in full
the principal, interest and premium on the debt securities. This
amount may be made in cash and/or U.S.&nbsp;government
obligations or, in the case of debt securities denominated in a
currency other than United States dollars, foreign government
obligations. As a condition to either of the above elections, we
must deliver to the trustee an opinion of counsel that the
holders of the debt securities will not recognize income, gain
or loss for federal income tax purposes as a result of the
action.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">&#147;foreign government obligations&#148; means,
with respect to debt securities of any series that are
denominated in a currency other than U.S. dollars:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">direct obligations of the government that issued
	or caused to be issued the currency in which such securities are
	denominated and for the payment of which obligations its full
	faith and credit is pledged, or, with respect to debt securities
	of any series which are denominated in euros, direct obligations
	of certain members of the European Union for the payment of
	which obligations the full faith and credit of such member is
	pledged, which in each case are not callable or redeemable at
	the option of the issuer thereof; or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">obligations of a person controlled or supervised
	by or acting as an agency or instrumentality of that government
	the timely payment of which is unconditionally guaranteed as a
	full faith and credit obligation by that government, which are
	not callable or redeemable at the option of the issuer thereof.
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">21
</FONT>

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<P align="left">
<B><FONT size="2">Notices</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Notices to holders will be given by mail to the
addresses of the holders in the security register.
</FONT>

<P align="left">
<B><FONT size="2">Governing Law</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The indentures and the debt securities will be
governed by, and construed under, the laws of the State of New
York, without regard to principles of conflicts of laws.
</FONT>

<P align="left">
<B><FONT size="2">No Personal Liability of Directors, Officers,
Employees and Stockholders</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">No incorporator, stockholder, employee, agent,
officer, director or subsidiary of ours will have any liability
for any obligations of ours, or because of the creation of any
indebtedness under the debt securities, the indentures or
supplemental indentures. The indentures provide that all such
liability is expressly waived and released as a condition of,
and as a consideration for, the execution of such indentures and
the issuance of the debt securities.
</FONT>

<P align="left">
<B><FONT size="2">Regarding the Trustee</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The indentures limit the right of the trustee,
should it become a creditor of Harmonic, to obtain payment of
claims or secure its claims.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The trustee is permitted to engage in certain
other transactions. However, if the trustee acquires any
conflicting interest, and there is a default under the debt
securities of any series for which it is trustee, the trustee
must eliminate the conflict or resign.
</FONT>

<P align="left">
<B><FONT size="2">Subordinated Debt Securities</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The indebtedness evidenced by the subordinated
debt securities of any series is subordinated to the extent
provided in the subordinated indenture and the applicable
prospectus supplement to the prior payment in full, in cash or
other payment satisfactory to the holders of senior debt, of all
senior debt, including any senior debt securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Upon any distribution of our assets upon any
dissolution, winding up, liquidation or reorganization, payments
on the subordinated debt securities will be subordinated in
right of payment to the prior payment in full in cash or other
payment satisfactory to holders of senior debt of all senior
debt.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">In the event of any acceleration of the
subordinated debt securities because of an event of default,
holders of any senior debt would be entitled to payment in full
in cash or other payment satisfactory to holders of senior debt
of all senior debt before the holders of subordinated debt
securities are entitled to receive any payment or distribution.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We are required to promptly notify holders of
senior debt or their representatives under the subordinated
indenture if payment of the subordinated debt securities is
accelerated because of an event of default.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Under the subordinated indenture, we may also not
make payment on the subordinated debt securities if:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">a default in the payment of senior debt occurs
	and is continuing beyond any grace period (a &#147;payment
	default&#148;), or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any other default occurs and is continuing with
	respect to designated senior debt that permits holders of
	designated senior debt to accelerate its maturity, and the
	trustee receives a payment blockage notice from us or some other
	person permitted to give the notice under the subordinated
	indenture (a &#147;non-payment default&#148;).
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">22
</FONT>

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<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may and shall resume payments on the
subordinated debt securities:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">in case of a payment default, when the default is
	cured or waived or ceases to exist, and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">in case of a nonpayment default, the earlier of
	when the default is cured or waived or ceases to exist or
	179&nbsp;days after the receipt of the payment blockage notice
	if the maturity of the designated senior debt has not been
	accelerated.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">No new payment blockage period may start unless
365&nbsp;days have elapsed from the effectiveness of the prior
payment blockage notice.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">No nonpayment default that existed or was
continuing on the date of delivery of any payment blockage
notice to the trustee shall be the basis for a subsequent
payment blockage notice.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">As a result of these subordination provisions, in
the event of our bankruptcy, dissolution or reorganization,
holders of senior debt may receive more, ratably, and holders of
the subordinated debt securities may receive less, ratably, than
our other creditors. The subordination provisions will not
prevent the occurrence of any event of default under the
subordinated indenture.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The subordination provisions will not apply to
payments from money or government obligations held in trust by
the trustee for the payment of principal, interest and premium,
if any, on subordinated debt securities pursuant to the
provisions described under &#147;&#151;&nbsp;Satisfaction and
discharge; defeasance,&#148; if the subordination provisions
were not violated at the time the money or government
obligations were deposited into trust.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">If the trustee or any holder receives any payment
that should not have been made to them in contravention of
subordination provisions before all senior debt is paid in full
in cash or other payment satisfactory to holders of senior debt,
then such payment will be held in trust for the holders of
senior debt.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Senior debt securities will constitute senior
debt under the subordinated indenture.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Additional or different subordination provisions
may be described in a prospectus supplement relating to a
particular series of debt securities.
</FONT>

<P align="left">
<B><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Definitions</I></FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">&#147;designated senior debt&#148; means our
obligations under any of our senior debt that expressly provides
that it is &#147;designated senior debt.&#148;
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">&#147;indebtedness&#148; means:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(1)&nbsp;all of our indebtedness, obligations and
	other liabilities for:
	</FONT></TD>
</TR>

</TABLE>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="10%"></TD>
	<TD width="1%"></TD>
	<TD width="89%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">borrowed money, including our obligations in
	respect of overdrafts, foreign exchange contracts, currency
	exchange agreements, interest rate protection agreements, and
	any loans or advances from banks, whether or not evidenced by
	notes or similar instruments, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">evidenced by bonds, debentures, notes or similar
	instruments, whether or not the recourse of the lender is to the
	whole of our assets or to only a portion of our assets, other
	than any account payable or other accrued current liability or
	obligation incurred in the ordinary course of business in
	connection with the obtaining of materials or services,
	</FONT></TD>
</TR>

</TABLE>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(2)&nbsp;all of our reimbursement obligations and
	other liabilities with respect to letters of credit, bank
	guarantees or bankers&#146; acceptances,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(3)&nbsp;all of our obligations and liabilities
	in respect of leases required, in conformity with generally
	accepted accounting principles, to be accounted for as
	capitalized lease obligations on our balance sheet,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(4)&nbsp;all of our obligations and other
	liabilities under any other any lease or related document
	(including a purchase agreement) in connection with the lease of
	real property which provides that we are contractually obligated
	to purchase or cause a third party to purchase the leased
	property and thereby
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">23
</FONT>

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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">
	<FONT size="2">guarantee a minimum residual value of the leased
	property to the lessor and our obligations under such lease or
	related document to purchase or to cause a third party to
	purchase such leased property,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(5)&nbsp;all of our obligations with respect to
	an interest rate or other swap, cap or collar agreement or other
	similar instrument or agreement or foreign currency hedge,
	exchange, purchase or similar instrument or agreement,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(6)&nbsp;all of our direct or indirect guaranties
	or similar agreements in respect of, and obligations or
	liabilities to purchase or otherwise acquire or otherwise assure
	a creditor against loss in respect of, indebtedness, obligations
	or liabilities of another person of the kind described in
	clauses&nbsp;(1) through&nbsp;(5),
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(7)&nbsp;any of our indebtedness or other
	obligations described in clauses&nbsp;(1) through&nbsp;(6)
	secured by any mortgage, pledge, lien or other encumbrance
	existing on property which is owned or held by us regardless of
	whether the indebtedness or other obligation secured thereby
	shall have been assumed by us and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(8)&nbsp;any and all deferrals, renewals,
	extensions, refundings, amendments, modifications or supplements
	to, any indebtedness, obligation or liability of the kind
	described in clauses&nbsp;(1) through&nbsp;(7).
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">&#147;senior debt&#148; means the principal of,
premium, if any, interest, including all interest accruing
subsequent to the commencement of any bankruptcy or similar
proceeding, rent and all fees, costs, expenses and other amounts
accrued or due in connection with our indebtedness, including
all deferrals, renewals, extensions or refundings of, or
modifications or supplements to, that indebtedness. Senior debt
shall not include:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any debt that expressly provides it shall not be
	senior in right of payment to the subordinated debt securities
	or expressly provides that such indebtedness is on the same
	basis or &#147;junior&#148; to the subordinated debt securities,
	or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">debt to any of our subsidiaries, a majority of
	the voting stock of which is owned, directly or indirectly, by
	us.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">&#147;subsidiary&#148; means any entity of which
more than a majority of the outstanding voting stock having the
power to elect a majority of the board of directors of such
entity (in the case of a corporation) is, or of which at least a
majority of the equity interests (in the case of an entity which
is not a corporation) are at the time owned, directly or
indirectly, by us or by one or more or our other subsidiaries or
by a combination of us and our other subsidiaries. For purposes
of this definition, &#147;voting stock&#148; means stock which
ordinarily has voting power for the election of directors,
whether at all times or so long as no senior class of stock has
such voting power by reason of any contingency.
</FONT>

<!-- link1 "<FONT size="2">DESCRIPTION OF PREFERRED STOCK</FONT>" -->
<DIV align="left"><A NAME="005"></A></DIV>

<P align="center">
<B><FONT size="2">DESCRIPTION OF PREFERRED STOCK</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The board of directors has the authority, without
further action by the stockholders, to issue up to 5,000,000
shares of preferred stock in one or more series and to fix the
rights, preferences, privileges and restrictions thereof,
including dividend rights, conversion rights, voting rights,
terms of redemption, liquidation preferences, sinking fund terms
and the number of shares constituting any series or the
designation of such series, without any further vote or action
by stockholders. No shares of preferred stock of Harmonic are
outstanding.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Our board of directors has the authority, without
stockholder consent, subject to certain limitations imposed by
law or our bylaws, to issue one or more series of preferred
stock at any time. The rights, preferences and restrictions of
the preferred stock of each series will be fixed by the
certificate of designation relating to each particular series. A
prospectus supplement relating to each such series will specify
the terms of the preferred stock as determined by our board of
directors, including the following:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the number of shares in any series,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the designation for any series by number, letter
	or title that shall distinguish the series from any other series
	of preferred stock,
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">24
</FONT>

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<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the dividend rate and whether dividends on that
	series of preferred stock will be cumulative, noncumulative or
	partially cumulative,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the voting rights of that series of preferred
	stock, if any,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the conversion provisions applicable to that
	series of preferred stock, if any,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the redemption or sinking fund provisions
	applicable to that series of preferred stock, if any,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the liquidation preference per share of that
	series of preferred stock, if any, and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the terms of any other preferences or rights, if
	any, applicable to that series of preferred stock.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We will describe the specific terms of a
particular series of preferred stock in the prospectus
supplement relating to that series. The description of preferred
stock set forth above and in any description of the terms of a
particular series of preferred stock in the related prospectus
supplement will not be complete. You should refer to the
applicable certificate of designation for such series of
preferred stock for complete information with respect to such
preferred stock. The prospectus supplement will also contain a
description of certain U.S.&nbsp;federal income tax consequences
relating to the preferred stock.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Although it has no present intention to do so,
our board of directors, without stockholder approval, may issue
preferred stock with voting and conversion rights which could
adversely affect the voting power of the holders of common
stock. If we issue preferred stock, it may have the effect of
delaying, deferring or preventing a change of control.
</FONT>

<!-- link1 "<FONT size="2">DESCRIPTION OF COMMON STOCK</FONT>" -->
<DIV align="left"><A NAME="006"></A></DIV>

<P align="center">
<B><FONT size="2">DESCRIPTION OF COMMON STOCK</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic is authorized to issue up to 150,000,000
shares of common stock, $0.001 par value per share. As of
March&nbsp;1, 59,470,455&nbsp;shares of Harmonic&#146;s common
stock were outstanding. The holders of common stock are entitled
to one vote for each share held of record on all matters
submitted to a vote of the stockholders.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Subject to preferences that may be applicable to
any outstanding preferred stock, the holders of common stock are
entitled to receive ratably such dividends, if any, as may be
declared from time to time by the Board of Directors out of
funds legally available for the purpose. In the event of a
liquidation, dissolution or winding up of Harmonic, the holders
of common stock are entitled to share ratably in all assets
remaining after payment of liabilities, subject to prior
distribution rights of preferred stock, if any, then
outstanding. The common stock has no preemptive or conversion
rights or other subscription rights. There are no redemption or
sinking fund provisions applicable to the common stock. All
outstanding shares of common stock are fully paid and
nonassessable, and the shares of common stock to be issued upon
the closing of this offering will be fully paid and
nonassessable.
</FONT>

<P align="left">
<B><FONT size="2">Anti-Takeover Provisions</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Certain provisions of Delaware law and
Harmonic&#146;s restated certificate of incorporation and bylaws
could make more difficult the acquisition of Harmonic by means
of a tender offer, a proxy contest or otherwise and removal of
incumbent officers and directors. These provisions, summarized
below, are expected to discourage certain types of coercive
takeover practices and inadequate takeover bids and to encourage
persons seeking to acquire control of Harmonic to first
negotiate with Harmonic. Harmonic believes that the benefits of
increased protection of Harmonic&#146;s potential ability to
negotiate with the proponent of an unfriendly or unsolicited
proposal to acquire or restructure Harmonic outweigh the
disadvantages of discouraging such proposals because, among
other things, negotiation of such proposals could result in an
improvement of their terms.
</FONT>

<DIV>&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD></TD>
	<TD>
	<B><I><FONT size="2">Delaware Law</FONT></I></B></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We are subject to the provisions of
Section&nbsp;203 of the Delaware General Corporation Law, an
anti-takeover law. In general, the statute prohibits a
publicly-held Delaware corporation from engaging in a
&#147;business combination&#148; with an &#147;interested
stockholder&#148; for a period of three years after the date of
the
</FONT>

<P align="center"><FONT size="2">25
</FONT>

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<DIV align="left">
<FONT size="2">transaction in which the person became an
interested stockholder, unless the business combination is
approved in a prescribed manner. For purposes of
Section&nbsp;203, a &#147;business combination&#148; includes a
merger, asset sale, or other transaction resulting in a
financial benefit to the interested stockholder, and an
&#147;interested stockholder&#148; is a person who, together
with affiliates and associates, owns (or within three years
prior, did own) 15% or more of the corporation&#146;s voting
stock. A corporation may &#147;opt out&#148; of this statute,
which we have not done. Existence of this provision would be
expected to have an anti-takeover effect with respect to
transactions not approved in advance by the Board of Directors,
including discouraging attempts that might result in a premium
over the market price for the shares of common stock held by
stockholders.
</FONT>
</DIV>

<DIV>&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD></TD>
	<TD>
	<B><I><FONT size="2">Certificate of Incorporation and Bylaws
	Provisions</FONT></I></B></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic&#146;s restated certificate of
incorporation and bylaws do not provide for cumulative voting in
the election of directors. The authorization of undesignated
preferred stock makes it possible for the Board of Directors to
issue preferred stock with voting or other rights or preferences
that could impede the success of any attempt to change control
of Harmonic. These and other provisions may have the effect of
deterring hostile takeovers or delaying changes in control or
management of Harmonic.
</FONT>

<!-- link1 "<FONT size="2">DESCRIPTION OF THE WARRANTS</FONT>" -->
<DIV align="left"><A NAME="007"></A></DIV>

<P align="center">
<B><FONT size="2">DESCRIPTION OF THE WARRANTS</FONT></B>

<P align="left">
<B><FONT size="2">General</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may issue warrants for the purchase of our
common stock. Each series of warrants will be issued under a
separate warrant agreement to be entered into between us and a
bank or trust company, as warrant agent. The warrant agent will
act solely as our agent in connection with the warrants. The
warrant agent will not have any obligation or relationship of
agency or trust for or with any holders or beneficial owners of
warrants. This summary of certain provisions of the warrants is
not complete. For the complete terms of a particular series of
warrants, you should refer to the prospectus supplement for that
series of warrants and the warrant agreement for that particular
series.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The prospectus supplement relating to a
particular series of warrants to purchase our common stock will
describe the terms of the warrants, including the following:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the title of the warrants,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the offering price for the warrants, if any,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the aggregate number of the warrants,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the designation and terms of the common stock or
	preferred stock that may be purchased upon exercise of the
	warrants,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the number of shares of common stock or preferred
	stock that may be purchased upon exercise of a warrant and the
	exercise price for the warrants,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the dates on which the right to exercise the
	warrants shall commence and expire,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if applicable, the minimum or maximum amount of
	the warrants that may be exercised at any one time,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the currency or currency units in which the
	offering price, if any, and the exercise price are payable,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">if applicable, a discussion of material United
	States Federal income tax considerations,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the antidilution provisions of the warrants, if
	any,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">the redemption or call provisions, if any,
	applicable to the warrants,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any provisions with respect to holder&#146;s
	right to require us to repurchase the warrants upon a change in
	control, and
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">26
</FONT>

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<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">any additional terms of the warrants, including
	terms, procedures, and limitations relating to the exchange,
	exercise and settlement of the warrants.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Holders of equity warrants will not be entitled:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">to vote, consent or receive dividends,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">receive notice as stockholders with respect to
	any meeting of stockholders for the election of our directors or
	any other matter, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">exercise any rights as stockholders of Harmonic.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">As set forth in the applicable prospectus
supplement, the exercise price and the number of shares of
common stock purchasable upon exercise of the warrant will be
subject to adjustment in certain events, including the issuance
of a stock dividend to any holders of common stock, a stock
split, reverse stock split, combination, subdivision or
reclassification of common stock, and such other events, if any,
specified in the applicable prospectus supplement.
</FONT>

<P align="center"><FONT size="2">27
</FONT>

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<!-- link1 "<FONT size="2">PLAN OF DISTRIBUTION</FONT>" -->
<DIV align="left"><A NAME="008"></A></DIV>

<P align="center">
<B><FONT size="2">PLAN OF DISTRIBUTION</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may sell the securities:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">through one or more underwriters or dealers,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">directly to purchasers,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">through agents, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">through a combination of any of these methods of
	sale.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may distribute the securities from time to
time in one or more transactions:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">at a fixed price or prices, which may be changed
	from time to time,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">at market prices prevailing at the times of sale,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">at prices related to such prevailing market
	prices, or
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">at negotiated prices.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We will describe the method of distribution of
each series of securities in the applicable prospectus
supplement.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may determine the price or other terms of the
securities offered under this prospectus by use of an electronic
auction. We will describe how any auction will determine the
price or any other terms, how potential investors may
participate in the auction and the nature of the obligations of
the underwriter, dealer or agent in the applicable prospectus
supplement.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Underwriters, dealers or agents may receive
compensation in the form of discounts, concessions or
commissions from us or our purchasers as their agents in
connection with the sale of securities. These underwriters,
dealers or agents may be considered to be underwriters under the
Securities Act. As a result, discounts, commissions, or profits
on resale received by the underwriters, dealers or agents may be
treated as underwriting discounts and commissions. Each
prospectus supplement will identify any such underwriter, dealer
or agent, and describe any compensation received by them from
us. Any initial public offering price and any discounts or
concessions allowed or reallowed or paid to dealers may be
changed from time to time.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Underwriters, dealers and agents may be entitled
to indemnification by us against certain civil liabilities,
including liabilities under the Securities Act, or to
contribution with respect to payments made by the underwriters,
dealers or agents, under agreements between us and the
underwriters, dealers and agents.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We may grant underwriters who participate in the
distribution of securities an option to purchase additional
securities to cover over-allotments, if any, in connection with
the distribution.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Some securities which we may issue under this
prospectus may be new issues of securities with no established
trading market. Underwriters involved in the public offering and
sale of these series of securities may make a market in the
securities. However, they are not obligated to make a market and
may discontinue market making activity at any time. No assurance
can be given as to the liquidity of the trading market for any
securities.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Underwriters or agents and their associates may
be customers of, engage in transactions with or perform services
for us in the ordinary course of business.
</FONT>

<!-- link1 "<FONT size="2">LEGAL MATTERS</FONT>" -->
<DIV align="left"><A NAME="009"></A></DIV>

<P align="center">
<B><FONT size="2">LEGAL MATTERS</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Wilson Sonsini Goodrich &#38; Rosati,
Professional Corporation, Palo Alto, California, will pass upon
the validity of the issuance of the securities offered by this
prospectus.
</FONT>

<P align="center"><FONT size="2">28
</FONT>

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<!-- link1 "<FONT size="2">EXPERTS</FONT>" -->
<DIV align="left"><A NAME="010"></A></DIV>

<P align="center">
<B><FONT size="2">EXPERTS</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The consolidated financial statements
incorporated in this prospectus by reference to the Annual
Report on Form 10-K of Harmonic Inc. for the year ended
December&nbsp;31, 2001 have been so incorporated in reliance on
the report of PricewaterhouseCoopers LLP, independent
accountants, given on the authority of said firm as experts in
auditing and accounting.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The financial statements of the Divicom business
for each of the three years in the period ended
December&nbsp;31, 1999 are incorporated in this prospectus by
reference from Harmonic Inc.&#146;s Form&nbsp;8-K dated
March&nbsp;15, 2002 have been audited by Deloitte &#38; Touche
LLP, independent auditors, as stated in their report, which is
incorporated herein by reference, and have been so incorporated
in reliance upon the report of such firm given upon their
authority as experts in accounting and auditing.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<!-- link1 "<FONT size="2">WHERE YOU CAN FIND MORE INFORMATION</FONT>" -->
<DIV align="left"><A NAME="011"></A></DIV>

<P align="center">
<B><FONT size="2">WHERE YOU CAN FIND MORE INFORMATION</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We file reports, proxy statements, and other
information with the Securities and Exchange Commission. Copies
of our reports, proxy statements, and other information may be
inspected at the public reference facilities maintained by the
SEC:
</FONT>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="60%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="37%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<FONT size="2">Judiciary Plaza<BR>
	450 Fifth Street, N.W.<BR>
	Room&nbsp;1024<BR>
	Washington, D.C. 20549
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Citicorp Center<BR>
	500 West Madison Street<BR>
	Suite&nbsp;1400<BR>
	Chicago, Illinois 60661-2511
	</FONT></TD>
</TR>

</TABLE>
</CENTER>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Copies of these materials may be obtained by mail
at prescribed rates from the public reference section of the SEC
at the addresses indicated above or by calling the SEC at
1-800-SEC-0330. Our reports, proxy statements and other
information filed with the SEC are also available to the public
over the Internet at the Commission&#146;s world wide web site
at http://www.sec.gov.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Reports, proxy statements, and other information
concerning Harmonic may also be inspected at The National
Association of Securities Dealers, 1735&nbsp;K&nbsp;Street,
N.W., Washington, D.C. 20006.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<B><FONT size="2">This prospectus includes information that has
not been delivered or presented to you but is &#147;incorporated
by reference.&#148; This means that we have disclosed important
information to you by referring you to another document filed
separately with the SEC. The information incorporated by
reference is considered to be a part of this prospectus, and
information that we file later with the Commission will
automatically update and supersede this information.</FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The following documents, which were filed by
Harmonic with the SEC, are incorporated by reference into this
prospectus:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="1%"></TD>
	<TD width="96%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Annual Report on Form&nbsp;10-K for the fiscal
	year ended December&nbsp;31, 2001;
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Current Report on Form&nbsp;8-K filed on
	March&nbsp;15, 2002; and
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">&#149;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">The description of our common stock contained in
	our registration statement on Form&nbsp;8-A, filed with the
	Commission on April&nbsp;6, 1995 under section&nbsp;12(g) of the
	Exchange Act, including any amendment or report filed for the
	purpose of updating such description.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">All documents we may file under
Section&nbsp;13(a), 13(c), 14, or&nbsp;15(d) of the Securities
Exchange Act after the filing of the foregoing documents are
incorporated by reference into and will be deemed a part of this
prospectus.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<B><FONT size="2">You should rely only on the information
contained in this prospectus or on information to which we have
referred you. We have not authorized anyone else to provide you
with any information.</FONT></B>

<P align="center"><FONT size="2">29
</FONT>

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<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We will provide to each person who so requests,
including any beneficial owner to whom a prospectus is
delivered, a copy of these filings. You may request a copy of
these filings, at no cost, by writing or telephoning us at the
following address:
</FONT>

<P align="left">
<FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harmonic
Inc.
</FONT>

<DIV align="left">
<FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549
Baltic Way
</FONT>
</DIV>

<DIV align="left">
<FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sunnyvale,
CA 94089
</FONT>
</DIV>

<DIV align="left">
<FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telephone:
(408)&nbsp;542-2500
</FONT>
</DIV>

<DIV align="left">
<FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attention:
Investor Relations
</FONT>
</DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We are not making an offer of these securities in
any state where the offer is not permitted. You should not
assume the information in this prospectus or any prospectus
supplement is accurate as of any date other than the date on the
front of those documents.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We have filed a registration statement under the
Securities Act of 1933 with respect to the securities we propose
to issue under this prospectus. This prospectus does not contain
all the information set forth in the registration statement
because certain parts of the registration statement are omitted
as provided by the rules and regulations of the SEC. You may
obtain a copy of the registration statement at the sources and
locations identified above.
</FONT>

<P align="center"><FONT size="2">30
</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center">
<B><FONT size="2">PART II</FONT></B>

<P align="center">
<B><FONT size="2">INFORMATION NOT REQUIRED IN THE
PROSPECTUS</FONT></B>

<P align="left">
<B><FONT size="2">Item&nbsp;14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Other
expenses of issuance and distribution</I></FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The aggregate estimated (other than the
registration fee) expenses to be paid by the registrant in
connection with this offering are as follows:
</FONT>

<CENTER>
<TABLE width="60%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="86%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Securities and Exchange Commission registration
	fee
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom"><FONT size="2">$</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">13,800</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Trustee&#146;s fees and expenses
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">15,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Accounting fees and expenses
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">200,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Legal fees and expenses of the registrant
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">175,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Printing and engraving
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">50,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Blue sky fees and expenses
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">15,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Transfer agent fees and expenses
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">15,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Miscellaneous
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">16,200</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left"><HR size="1" noshade></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>

</TR>

<TR valign="bottom" bgcolor="#EEEEEE">
	<TD align="left" valign="top">
	<DIV style="margin-left:10px; text-indent:-10px">
	<FONT size="2">Total
	</FONT></DIV>
	</TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="bottom"><FONT size="2">$</FONT></TD>
	<TD align="right" valign="bottom" nowrap><FONT size="2">500,000</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left"><HR size="4" noshade></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>

</TR>

</TABLE>
</CENTER>

<P align="left">
<B><FONT size="2">Item&nbsp;15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Indemnification
of directors and officers of Harmonic Inc.</I></FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Our Bylaws limit the liability of our directors
and officers for expenses to the maximum extent permitted by
Delaware law. Delaware law provides that directors of a
corporation will not be personally liable for monetary damages
for breach of their fiduciary duties as directors, except for
liability (i)&nbsp;for any breach of their duty of loyalty to
the corporation or its stockholders; (ii)&nbsp;for acts or
omissions not in good faith or that involve intentional
misconduct or a knowing violation of law; (iii)&nbsp;for
unlawful payments of dividends or unlawful stock repurchases or
redemptions as provided in Section 174 of the Delaware General
Corporation Law; or (iv)&nbsp;for any transaction from which the
director derived an improper personal benefit.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Our Certificate of Incorporation provides that we
must indemnify our directors and may indemnify our other
officers, employees and agents to the fullest extent permitted
by law.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">We have entered into agreements to indemnify our
directors and officers, in addition to indemnification provided
for in our Bylaws. These agreements, among other things,
indemnify our directors and officers for certain expenses
(including attorneys&#146; fees), judgments, fines and
settlement amounts incurred by any such person in any action or
proceeding, including any action by or in the right of Harmonic,
arising out of such person&#146;s services as a Harmonic
director or officer, any subsidiary of Harmonic or any other
company or enterprise to which the person provides services at
our request.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Harmonic&#146;s Bylaws also permit us to secure
insurance on behalf of any officer, director, employee or other
agent for any liability arising out of his or her actions in
such capacity, regardless of whether the Bylaws would permit
indemnification. We also maintain an insurance policy insuring
our directors and officers against liability for certain acts
and omissions while acting in their official capacities.
</FONT>

<P align="left">
<B><FONT size="2">Item&nbsp;16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Exhibits</I></FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The following exhibits are filed herewith or
incorporated by reference herein:
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="6%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="83%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Exhibit</FONT></B></TD>
	<TD></TD>
	<TD></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Number</FONT></B></TD>
	<TD></TD>
	<TD align="center" nowrap><B><FONT size="1">Exhibit Title</FONT></B></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">1.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Underwriting Agreement*
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">3.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Restated Certificate of Incorporation, as
	amended**
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">3.2</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Bylaws**
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Senior Indenture&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.2</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Subordinated Indenture&#134;
	</FONT></TD>
</TR>

</TABLE>
</CENTER>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="center"><FONT size="2">II-1
</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="6%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="85%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Exhibit</FONT></B></TD>
	<TD></TD>
	<TD></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Number</FONT></B></TD>
	<TD></TD>
	<TD align="center" nowrap><B><FONT size="1">Exhibit Title</FONT></B></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.3</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Senior Debt Security (included in
	Exhibit&nbsp;4.1)&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.4</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Subordinated Debt Security (included in
	Exhibit&nbsp;4.2)&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.5</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Certificate of Designation***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.6</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Preferred Stock Certificate***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.7</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Warrant Agreement***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.8</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Warrant Certificate***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">5.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Opinion of Wilson Sonsini Goodrich &#38; Rosati,
	Professional Corporation
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">12.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Computation of Ratio of Earnings Available to
	Cover Fixed Charges&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">23.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Consent of PricewaterhouseCoopers, LLP,
	independent accountants
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">23.2</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Consent of Deloitte &#38; Touche LLP, independent
	auditors
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">23.3</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Consent of Wilson Sonsini Goodrich &#38; Rosati,
	Professional Corporation (included in Exhibit&nbsp;5.1)
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">24.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Power of Attorney of certain directors and
	officers of registrant (see page&nbsp;II-4 of initial filing of
	this Form&nbsp;S-3)&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">25.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form&nbsp;T-1 Statement of Eligibility of Trustee
	for Debt Securities under the Trust Indenture Act of 1939&#134;
	</FONT></TD>
</TR>

</TABLE>
</CENTER>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">
<HR size="1" width="18%" align="left" noshade>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="7%"></TD>
	<TD width="93%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*</FONT></TD>
	<TD align="left">
	<FONT size="2">To be filed by amendment or by a report on
	Form&nbsp;8-K pursuant to Section&nbsp;601 of
	Regulation&nbsp;S-K.
	</FONT></TD>
</TR>

</TABLE>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="6%"></TD>
	<TD width="94%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">&nbsp; **</FONT></TD>
	<TD align="left">
	<FONT size="2">Previously filed as an Exhibit to the
	Company&#146;s Form&nbsp;10-K for the year ended
	December&nbsp;31, 2001.
	</FONT></TD>
</TR>

</TABLE>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="5%"></TD>
	<TD width="95%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">***</FONT></TD>
	<TD align="left">
	<FONT size="2">To be filed as an exhibit to a report pursuant to
	Section&nbsp;13(a) or 15(d) of the Securities Act of 1934.
	</FONT></TD>
</TR>

</TABLE>
<P>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="5%"></TD>
	<TD width="95%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">&nbsp;&nbsp;&#134;&nbsp;</FONT></TD>
	<TD align="left">
	<FONT size="2">Filed previously.
	</FONT></TD>
</TR>

</TABLE>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">
<B><FONT size="2">Item&nbsp;17.<I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Undertakings</I></FONT></B>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The undersigned registrant hereby undertakes:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(1)&nbsp;To file, during any period in which
	offers or sales are being made, a post-effective amendment to
	this registration statement:
	</FONT></TD>
</TR>

</TABLE>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="6%"></TD>
	<TD width="94%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(a)&nbsp;To include any prospectus required by
	Section 10(a)(3) of the Securities Act,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(b)&nbsp;To reflect in the prospectus any facts
	or events arising after the effective date of the registration
	statement (or the most recent post-effective amendment thereof)
	which, individually or in the aggregate, represent a fundamental
	change in the information set forth in the registration
	statement. Notwithstanding the foregoing, any increase or
	decrease in volume of securities offered (if the total dollar
	value of securities offered would not exceed that which was
	registered) and any deviation from the low or high end of the
	estimated maximum offering range may be reflected in the form of
	prospectus filed with the Commission pursuant to
	Rule&nbsp;424(b) if, in the aggregate, the changes in volume and
	price represent no more than a 20&nbsp;percent change in the
	maximum aggregate offering price set forth in the
	&#147;Calculation of Registration Fee&#148; table in the
	effective registration statement,
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(c)&nbsp;To include any material information with
	respect to the plan of distribution not previously disclosed in
	the Registration Statement or any material change to such
	information in the Registration Statement;
	</FONT></TD>
</TR>

</TABLE>

<P align="left">
<I><FONT size="2">provided, however,</FONT></I><FONT size="2">
that clauses (a)&nbsp;and (b)&nbsp;do not apply if the
information required to be included in a post-effective
amendment by such clauses is contained in periodic reports filed
with or furnished to the Securities and Exchange Commission by
the registrant pursuant to Section&nbsp;13 or Section&nbsp;15(d)
of the Securities Exchange Act of 1934 (the &#147;Exchange
Act&#148;) that are incorporated by reference in the
registration statement.
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(2)&nbsp;That, for the purpose of determining any
	liability under the Securities Act, each such post-effective
	amendment shall be deemed a new registration statement relating
	to the securities offered
	</FONT></TD>
</TR>

</TABLE>

<P align="center"><FONT size="2">II-2
</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">
	<FONT size="2">therein, and the offering of such securities at
	that time shall be deemed to be the initial bona fide offering
	thereof.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(3)&nbsp;To remove from registration by means of
	a post-effective amendment any of the securities being
	registered which remain unsold at the termination of the
	offering.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(4)&nbsp;That, for purposes of determining any
	liability under the Securities Act, each filing of the
	registrant&#146;s annual report pursuant to Section&nbsp;13(a)
	or Section&nbsp;15(d) of the Exchange Act that is incorporated
	by reference in this registration statement shall be deemed to
	be a new registration statement relating to the securities
	offered therein, and the offering of such securities at that
	time shall be deemed to be the initial bona fide offering
	thereof.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Insofar as indemnification for liabilities
arising under the Securities Act may be permitted to directors,
officers and controlling persons of the registrant pursuant to
the provisions described under Item&nbsp;15 above, or otherwise,
the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is
against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment
by the registrant of expenses incurred or paid by a director,
officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is
asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant
will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final
adjudication of such issue.
</FONT>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The undersigned registrant hereby undertakes that:
</FONT>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="3%"></TD>
	<TD width="97%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(1)&nbsp;For purposes of determining any
	liability under the Securities Act of 1933, the information
	omitted from the form of prospectus filed as part of this
	registration statement in reliance upon Rule 430A and contained
	in a form of prospectus filed by the registrant pursuant to
	Rule&nbsp;424(b)(1) or (4)&nbsp;or 497(h) under the Securities
	Act shall be deemed to be part of this registration statement as
	of the time it was declared effective.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	<FONT size="2">(2)&nbsp;For the purpose of determining any
	liability under the Securities Act of 1933, each post-effective
	amendment that contains a form of prospectus shall be deemed to
	be a new registration statement relating to the securities
	offered therein, and the offering of such securities at that
	time shall be deemed to be the initial bona fide offering
	thereof.
	</FONT></TD>
</TR>

</TABLE>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">The undersigned registrant hereby undertakes to
file an application for the purpose of determining the
eligibility of the trustee to act under subsection (a)&nbsp;of
Section&nbsp;310 of the Trust Indenture Act in accordance with
the rules and regulations prescribed by the Securities and
Exchange Commission under Section&nbsp;305(b)(2) of the Trust
Indenture Act.
</FONT>

<P align="center"><FONT size="2">II-3
</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link1 "<FONT size="2">SIGNATURES</FONT>" -->
<DIV align="left"><A NAME="012"></A></DIV>

<P align="center">
<B><FONT size="2">SIGNATURES</FONT></B>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Pursuant to the requirements of the Securities
Act, as amended, the registrant certifies that it has reasonable
grounds to believe that it meets all of the requirements for
filing on Form&nbsp;S-3 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Sunnyvale, State of
California, on April&nbsp;16, 2002.
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="40%"></TD>
	<TD width="60%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">
	<FONT size="2">HARMONIC INC.
	</FONT></TD>
</TR>

</TABLE>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="40%"></TD>
	<TD width="2%"></TD>
	<TD width="58%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD><FONT size="2">By:&nbsp;</FONT></TD>
	<TD align="center">
	<FONT size="2">/s/ ROBIN N. DICKSON
	</FONT></TD>
</TR>

</TABLE>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="40%"></TD>
	<TD width="60%"></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="left">
	<HR size="1" align="left" noshade></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="center">
	<FONT size="2">Robin N. Dickson,
	</FONT></TD>
</TR>

<TR valign="top">
	<TD>&nbsp;</TD>
	<TD align="center">
	<I><FONT size="2">Chief Financial Officer</FONT></I></TD>
</TR>

</TABLE>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<FONT size="2">Pursuant to the requirements of the Securities
Act, this Registration Statement has been signed by the
following persons in the capacities and on the dates indicated:
</FONT>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="35%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="34%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="17%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3"></TD>
	<TD></TD>
	<TD></TD>
	<TD></TD>
	<TD></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Signature</FONT></B></TD>
	<TD></TD>
	<TD align="center" nowrap><B><FONT size="1">Title</FONT></B></TD>
	<TD></TD>
	<TD align="center" nowrap><B><FONT size="1">Date</FONT></B></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">*<BR>
	<HR size="1" noshade>Anthony J. Ley
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Chief Executive Officer and President<BR>
	(Principal Executive Officer)<BR>
	and Chairman of the<BR>
	Board of Directors
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">/s/ ROBIN N. DICKSON<BR>
	<HR size="1" noshade>Robin N. Dickson
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Chief Financial Officer<BR>
	(Principal Financial and<BR>
	Accounting Officer)
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">*<BR>
	<HR size="1" noshade>David R. Van Valkenburg
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Director
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">*<BR>
	<HR size="1" noshade>E. Floyd Kvamme
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Director
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">*<BR>
	<HR size="1" noshade>David A. Lane
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Director
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">*<BR>
	<HR size="1" noshade>Lewis Solomon
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Director
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" valign="top">
	<FONT size="2">*<BR>
	<HR size="1" noshade>Michel L. Vaillaud
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="center" valign="top">
	<FONT size="2">Director
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">April&nbsp;16, 2002
	</FONT></TD>
</TR>

<TR>
	<TD colspan="7"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD align="center" valign="top">
	<FONT size="2">By:
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">/s/ ROBIN N. DICKSON<BR>
	<HR size="1" noshade>Robin N. Dickson, Attorney-in-Fact
	</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

</TABLE>
</CENTER>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="center"><FONT size="2">II-4
</FONT>
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center">
<B><FONT size="2">EXHIBIT INDEX</FONT></B>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<CENTER>
<TABLE width="100%" align="center" cellspacing="0" cellpadding="0" border="0">

<TR>
	<TD width="6%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
	<TD width="85%"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Exhibit</FONT></B></TD>
	<TD></TD>
	<TD></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><B><FONT size="1">Number</FONT></B></TD>
	<TD></TD>
	<TD align="center" nowrap><B><FONT size="1">Exhibit Title</FONT></B></TD>
</TR>

<TR>
	<TD colspan="3" align="center" nowrap><HR size="1" noshade></TD>
	<TD></TD>
	<TD align="center" nowrap><HR size="1" noshade></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">1.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Underwriting Agreement*
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">3.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Restated Certificate of Incorporation, as
	amended**
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">3.2</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Bylaws**
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Senior Indenture&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.2</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Subordinated Indenture&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.3</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Senior Debt Security (included in
	Exhibit&nbsp;4.1)&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.4</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Subordinated Debt Security (included in
	Exhibit&nbsp;4.2)&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.5</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Certificate of Designation***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.6</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Preferred Stock Certificate***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.7</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Warrant Agreement***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">4.8</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form of Warrant Certificate***
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">5.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Opinion of Wilson Sonsini Goodrich &#38; Rosati,
	Professional Corporation
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">12.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Computation of Ratio of Earnings Available to
	Cover Fixed Charges&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">23.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Consent of PricewaterhouseCoopers, LLP,
	independent accountants
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">23.2</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Consent of Deloitte &#38; Touche LLP, independent
	auditors
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">23.3</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Consent of Wilson Sonsini Goodrich &#38; Rosati,
	Professional Corporation (included in Exhibit&nbsp;5.1)
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">24.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Power of Attorney of certain directors and
	officers of registrant (see page&nbsp;II-4 of the initial filing
	of this Form&nbsp;S-3)&#134;
	</FONT></TD>
</TR>

<TR>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="right" valign="top" nowrap><FONT size="2">25.1</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD><FONT size="2">&nbsp;</FONT></TD>
	<TD align="left" valign="top">
	<FONT size="2">Form&nbsp;T-1 Statement of Eligibility of Trustee
	for Debt Securities under the Trust Indenture Act of 1939&#134;
	</FONT></TD>
</TR>

</TABLE>
</CENTER>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<P align="left">
<HR size="1" width="18%" align="left" noshade>
<P>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
	<TD width="5%"></TD>
	<TD width="95%"></TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">&nbsp;&nbsp;*</FONT></TD>
	<TD align="left">
	<FONT size="2">To be filed by amendment or by a report on
	Form&nbsp;8-K pursuant to Section&nbsp;601 of
	Regulation&nbsp;S-K.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">&nbsp;**</FONT></TD>
	<TD align="left">
	<FONT size="2">Previously filed as an Exhibit to the
	Company&#146;s Form&nbsp;10-K for the year ended
	December&nbsp;31, 2001.
	</FONT></TD>
</TR>

<TR>
	<TD>&nbsp;</TD>
</TR>

<TR valign="top">
	<TD><FONT size="2">***</FONT></TD>
	<TD align="left">
	<FONT size="2">To be filed as an exhibit to a report pursuant to
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	<FONT size="2">Filed previously.
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>f77840a1ex5-1.txt
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
<PAGE>
                                                                     EXHIBIT 5.1


             [Letterhead of Wilson Sonsini Goodrich & Rosati, P.C.]

                                 April 16, 2002


Harmonic Inc.
549 Baltic Way

Sunnyvale, CA  94089

        RE: HARMONIC INC.--REGISTRATION STATEMENT ON FORM S-3

Ladies and Gentlemen:

        At your request, we have examined the Registration Statement on Form S-3
(No. 333-84430), including Amendment No. 1 thereto (the "REGISTRATION
STATEMENT"), filed or to be filed by Harmonic Inc., a Delaware corporation (the
"COMPANY"), with the Securities and Exchange Commission (the "COMMISSION") in
connection with the registration pursuant to the Securities Act of 1933, as
amended (the "ACT"), of the Securities (as defined below). The Registration
Statement relates to the proposed issuance and sale, from time to time pursuant
to Rule 415 under the Act as set forth in the Registration Statement, the
prospectus contained therein (the "PROSPECTUS") and the supplements to the
prospectus referred to therein (the "PROSPECTUS SUPPLEMENTS"), of up to an
aggregate offering price of $150,000,000 or the equivalent thereof, of the
Company's senior and subordinated debt securities (the "DEBT SECURITIES"),
shares of the Company's preferred stock, $0.001 par value per share (the
"PREFERRED STOCK"), shares of the Company's common stock, $0.001 par value per
share (the "COMMON STOCK"), and warrants to purchase shares of the Company's
Common Stock (the "WARRANTS") (the Debt Securities, the Preferred Stock, the
Common Stock, and the Warrants are collectively referred to herein as the
"SECURITIES").

        The Debt Securities are to be issued pursuant to a senior debt
securities indenture (the "SENIOR INDENTURE") and a subordinated debt securities
indenture (the "SUBORDINATED INDENTURE"), as applicable, both of which have been
filed as exhibits to the Registration Statement (the "INDENTURES") and are to be
entered into, in each case, between the Company and U.S. Bank National
Association, as trustee (the "TRUSTEE"). The Securities are to be sold pursuant
to an underwriting agreement (the "UNDERWRITING AGREEMENT") in substantially the
form to be filed under a Current Report on Form 8-K. The Debt Securities are to
be issued in the forms set forth in the Indentures filed as exhibits to the
Registration Statement. Each indenture may be supplemented, as applicable, in
connection with the issuance of each such series of Debt Securities, by a
supplemental indenture or other appropriate action of the Company creating such
series (each, a "SUPPLEMENTAL INDENTURE").


<PAGE>

Harmonic Inc.

April 16, 2002

Page 2


        We have examined instruments, documents, certificates and records which
we have deemed relevant and necessary for the basis of our opinion hereinafter
expressed. In such examination, we have assumed (i) the authenticity of original
documents and the genuineness of all signatures; (ii) the conformity to the
originals of all documents submitted to us as copies; (iii) the truth, accuracy,
and completeness of the information, representations and warranties contained in
the records, documents, instruments and certificates we have reviewed; (iv) the
Registration Statement, and any amendments thereto (including post-effective
amendments), will have become effective under the Act; (v) a prospectus
supplement will have been filed with the Commission describing the Securities
offered thereby; (vi) all Securities will be issued and sold in compliance with
applicable Federal and state securities laws and in the manner stated in the
Registration Statement and the applicable prospectus supplement; (vii) a
definitive purchase, underwriting or similar agreement with respect to any
Securities offered will have been duly authorized and validly executed and
delivered by the Company and the other parties thereto; (viii) any Securities
issuable upon conversion, exchange, redemption, or exercise of any Securities
being offered will be duly authorized, created and, if appropriate, reserved for
issuance upon such conversion, exchange, redemption, or exercise; and (ix) with
respect to shares of Common Stock or Preferred Stock offered, there will be
sufficient shares of Common Stock or Preferred Stock authorized under the
Company's organizational documents and not otherwise reserved for issuance.

        Based on such examination, we are of the opinion that:

        1. with respect to Debt Securities to be issued under either the Senior
Indenture or Subordinated Indenture, when (a) the Trustee is qualified to act as
Trustee under the Senior Indenture or Subordinated Indenture, as applicable, (b)
the Trustee has duly executed and delivered the Subordinated Indenture or Senior
Indenture, as applicable, (c) the Senior Indenture or Subordinated Indenture, as
applicable, has been duly authorized and validly executed and delivered by the
Company to the Trustee, (d) the Senior Indenture or Subordinated Indenture, as
applicable, has been duly qualified under the Trust Indenture Act of 1939, as
amended, (e) the Board of Directors of the Company or a duly constituted and
acting committee thereof (such Board of Directors or committee being hereinafter
referred to as the "BOARD") has taken all necessary corporate action to approve
the issuance and terms of such Debt Securities, the terms of the offering
thereof and related matters, and (f) such Debt Securities have been duly
executed, authenticated, issued and delivered in accordance with the provisions
of the Senior Indenture or Subordinated Indenture, as applicable, and the
applicable definitive purchase, underwriting or similar agreement approved by
the Board, such Debt Securities will be validly issued and will constitute valid
and binding obligations of the Company, enforceable against the Company in
accordance with their terms entitled to the benefits of the applicable
Indenture;

        2. with respect to any particular series of shares of Preferred Stock,
when both (a) the Board has taken all necessary corporate action to approve the
issuance and terms of the shares of Preferred Stock, the terms of the offering
thereof, and related matters, including the adoption of a certificate of
designation relating to such Preferred Stock conforming to the Delaware General


<PAGE>

Harmonic Inc.

April 16, 2002

Page 3


Corporation Law (a "CERTIFICATE") and the filing of the Certificate with the
Secretary of State of the State of Delaware, and (b) certificates representing
the shares of Preferred Stock have been duly executed, countersigned, registered
and delivered in accordance with the applicable definitive purchase,
underwriting or similar agreement approved by the Board, upon payment of the
consideration therefor (not less than the par value of the Preferred Stock)
provided for therein, then the shares of Preferred Stock will be validly issued,
fully paid and nonassessable;

        3. with respect to shares of Common Stock, when both (a) the Board has
taken all necessary corporate action to approve the issuance of and the terms of
the offering of the shares of Common Stock and related matters and (b)
certificates representing the shares of Common Stock have been duly executed,
countersigned, registered and delivered either (i) in accordance with the
applicable definitive purchase, underwriting or similar agreement approved by
the Board, or upon the exercise of Warrants to purchase Common Stock, upon
payment of the consideration therefor (not less than the par value of the Common
Stock) provided for therein, or (ii) upon conversion or exercise of any other
Security, in accordance with the terms of such Security or the instrument
governing such Security providing for such conversion or exercise as approved by
the Board, for the consideration approved by the Board (not less than the par
value of the Common Stock), then the shares of Common Stock will be validly
issued, fully paid and nonassessable; and

        4. with respect to the Warrants, when both (a) the Board has taken all
necessary corporate action to approve the issuance of and the terms of the
Warrants and related matters and (b) the Warrants have been duly executed and
delivered against payment therefor, pursuant to the applicable definitive
purchase, underwriting, warrant or similar agreement duly authorized, executed
and delivered by the Company and a warrant agent and the certificates for the
Warrants have been duly executed and delivered by the Company and such warrant
agent, then the Warrants will be validly issued, fully paid and nonassessable.

        Our opinion that any document is legal, valid and binding is qualified
as to:

        (a) limitations imposed by bankruptcy, insolvency, reorganization,
arrangement, fraudulent conveyance, moratorium or other laws relating to or
affecting the rights of creditors generally;

        (b) rights to indemnification and contribution which may be limited by
applicable law or equitable principles;

        (c) general principles of equity, including without limitation concepts
of materiality, reasonableness, good faith and fair dealing, and the possible
unavailability of specific performance or injunctive relief and limitation of
rights of acceleration, regardless of whether such enforceability is considered
in a proceeding in equity or at law.


<PAGE>

Harmonic Inc.

April 16, 2002

Page 4


        Attorneys at our Firm are admitted to the practice of law in the States
of New York and California and we express no opinion as to the laws of any other
jurisdiction other than the Federal laws of the United States of America and the
General Corporation Law of the State of Delaware.

        We hereby consent to the filing of this opinion as an exhibit to the
above-referenced Registration Statement and to the use of our name wherever it
appears in the Registration Statement, the Prospectus, the Prospectus
Supplement, and in any amendment or supplement thereto. In giving such consent,
we do not believe that we are "experts" within the meaning of such term as used
in the Act or the rules and regulations of the Commission issued thereunder with
respect to any part of the Registration Statement, including this opinion as an
exhibit or otherwise.


                                      WILSON SONSINI GOODRICH & ROSATI
                                      Professional Corporation

                                      /s/ Wilson Sonsini Goodrich & Rosati, P.C.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>f77840a1ex23-1.txt
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
<PAGE>
                                                                    EXHIBIT 23.1


                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in this Registration
Statement on Form S-3 of our report dated January 25, 2002 relating to the
financial statements and financial statement schedule, which appears in
Harmonic Inc.'s Annual Report on Form 10-K for the year ended December 31,
2001. We also consent to the reference to us under the heading "Experts" in
such Registration Statement.



PricewaterhouseCoopers LLP


San Jose, California
April 15, 2002

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>f77840a1ex23-2.txt
<DESCRIPTION>EXHIBIT 23.2
<TEXT>
<PAGE>
                                                                    EXHIBIT 23.2


INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Amendment No. 1 to the
Registration Statement of Harmonic Inc. on Form S-3 (No. 333-84430) of our
report dated April 28, 2000 (May 3, 2000 as to Note 1), on the consolidated
statements of net investment of the DiviCom Business, (an operating unit of
C-Cube Microsystems Inc.), as of December 31, 1998 and December 31, 1999, and
the related consolidated income statements, statements of changes in net
investment and cash flows for each of the three years in the period ended
December 31, 1999, appearing in the Current Report on Form 8-K of Harmonic Inc.
dated March 15, 2002. We also consent to the reference to us under the heading
"Experts" in such Form S-3.


/s/ Deloitte & Touche LLP
San Jose, California
April 15, 2002


</TEXT>
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