Effective December 31, 2008, certain compensatory arrangements with executive officers of Finisar Corporation (the "Company") were amended to bring such arrangements into documentary compliance with Section 409A of the Internal Revenue Code and the Treasury Regulations thereunder. The principal terms and conditions of these arrangements have been described in previous filings and the changes made to each generally address the timing of and triggers for the benefits thereunder. These compensatory arrangements comprised: (i) Finisar Corporation Executive Retention and Severance Plan, (ii) Executive Employment Agreement between the Company and Christopher Brown, (iii) Executive Employment Agreement between the Company and Mark Colyar, and (iv) Executive Employment Agreement between the Company and Eitan Gertel.

(d) Exhibits

Exhibit No.                                Description

99.1           Finisar Executive Retention and Severance Plan, as Amended and
               Restated Effective January 1, 2009

99.2           Amended and Restated Executive Employment Agreement between Finisar
               Corporation and Christopher Brown, dated December 31, 2008

99.3           Amended and Restated Executive Employment Agreement between Finisar
               Corporation and Mark Colyar, dated December 31, 2008

99.4           Amended and Restated Executive Employment Agreement between Finisar
               Corporation and Eitan Gertel, dated December 31, 2008