UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Polycom, Inc.
(Name of Issuer)
Common Stock Par Value $.0005
(Title of Class of Securities)
73172K104
(CUSIP Number)
December 31, 1998
-----------------------------------------------------------------------
(Date of Event which requires filing of this Statement)
Check the appropriate box to designate the Rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1(b)
|_| Rule 13d-1(c)
|X| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
Cusip No. 73172K104 13G Page 2 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak Management Corporation
06-0990851
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
CO
<PAGE>
Cusip No. 73172K104 13G Page 3 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak Investment Partners IV, Limited Partnership
06-1237975
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power 21,529 Shares of Common Stock
Shares Bene-
ficially Owned
by Each (6) Shared Voting Power Not applicable
Report-
ing Person (7) Sole Dispositive Power 21,529 Shares of Common Stock
with:
(8) Shared Dispositive Power Not applicable
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
21,529 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0.07%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
PN
<PAGE>
Cusip No. 73172K104 13G Page 4 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak Associates IV, LLC
06-1237974
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 21,529 Shares of Common Stock
by Each
Reporting
Person with: (7) Sole Dispositive Power Not applicable
(8) Shared Dispositive Power 21,529 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
21,529 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0.07%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
OO-LLC
<PAGE>
Cusip No. 73172K104 13G Page 5 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak IV Affiliates Fund, Limited Partnership
06-1256163
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power 981 Shares of Common Stock
Shares Bene-
ficially Owned (6) Shared Voting Power Not applicable
by Each
Reporting (7) Sole Dispositive Power 981 Shares of Common Stock
Person with:
(8) Shared Dispositive Power Not applicable
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
981 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0%
- --------------------------------------------------------------------------------
12 Type of Reporting Person (See Instructions)
PN
<PAGE>
Cusip No. 73172K104 13G Page 6 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak IV Affiliates
06-1256164
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Connecticut
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 981 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 981 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
981 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
PN
<PAGE>
Cusip No. 73172K104 13G Page 7 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak Investment Partners VI, Limited Partnership
06-1412578
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 266,304 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 266,304 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
266,304 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0.9%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
PN
<PAGE>
Cusip No. 73172K104 13G Page 8 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak Associates VI, LLC
06-1412579
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Connecticut
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 266,304 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 266,304 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
266,304 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0.9%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
OO-LLC
<PAGE>
Cusip No. 73172K104 13G Page 9 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak VI Affiliates Fund, Limited Partnership
06-1414970
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 37,333 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 37,333 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
37,333 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0.13%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
PN
<PAGE>
Cusip No. 73172K104 13G Page 10 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Oak VI Affiliates, LLC
06-1414968
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 37,333 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 37,333 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
37,333 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
0.13%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
OO-LLC
<PAGE>
Cusip No. 73172K104 13G Page 11 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Bandel L. Carano
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
<PAGE>
Cusip No. 73172K104 13G Page 12 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Gerald R. Gallagher
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
<PAGE>
Cusip No. 73172K104 13G Page 13 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Edward F. Glassmeyer
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
<PAGE>
Cusip No. 73172K104 13G Page 14 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Fredric W. Harman
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
<PAGE>
Cusip No. 73172K104 13G Page 15 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Ann H. Lamont
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
<PAGE>
Cusip No. 73172K104 13G Page 16 of 25 Pages
1. Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons (entities only.)
Eileen M. More
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- --------------------------------------------------------------------------------
Number of (5) Sole Voting Power Not applicable
Shares Bene-
ficially Owned (6) Shared Voting Power 326,147 Shares of Common Stock
by Each
Reporting (7) Sole Dispositive Power Not applicable
Person with:
(8) Shared Dispositive Power 326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,147 Shares of Common Stock
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row 9
1.1%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
<PAGE>
Cusip No. 73172K104 13G Page 17 of 25 Pages
Schedule 13G
Amendment No. 2
Common Stock, Par Value $.0005
CUSIP No. 73172K104
Item 1(a) Name of Issuer:
Polycom, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
2584 Junction Avenue
San Jose, CA 95134
Item 2(a) Name of Person filing:
Oak Investment Partners IV, Limited Partnership
Oak Associates IV, LLC
Oak IV Affiliates Fund, Limited Partnership
Oak IV Affiliates
Oak Investment Partners VI, Limited Partnership
Oak Associates VI, LLC
Oak VI Affiliates Fund, Limited Partnership
Oak VI Affiliates, LLC
Oak Management Corporation
Bandel L. Carano
Gerald R. Gallagher
Edward F. Glassmeyer
Fredric W. Harman
Ann H. Lamont
Eileen M. More
Item 2(b) Address of Principal Business Office or, if none, Residence:
c/o Oak Management Corporation
One Gorham Island
Westport, CT 06880
Item 2(c) Citizenship:
Please refer to Item 4 on each cover sheet for each filing person
Item 2(d) Title of Class of Securities:
Common stock, $.0005 par value
Item 2(e) CUSIP Number: 73172K104
<PAGE>
Item 3 Not Applicable.
Item 4 Ownership.
The approximate percentages of shares of Common Stock reported as
beneficially owned by the Reporting Entities is based upon 29,602,124 shares
outstanding as of November 2, 1998, as reported in the Issuer's Quarterly Report
on Form 10-Q for the fiscal quarter ended October 4, 1998, plus the shares
issuable upon exercise of the options described in the following sentence.
Amounts shown as beneficially owned include currently exercisable options to
purchase 21,529 shares, 981 shares, 2,433 shares and 57 shares of Common Stock
which may be deemed to be held by Bandel L. Carano on behalf of Oak Investment
Partners IV, Limited Partnership, Oak IV Affiliates Fund, Limited Partnership,
Oak Investment Partners VI, Limited Partnership and Oak VI Affiliates Fund
Limited Partnership, respectively.
Please see Items 5, 6, 7, 8, 9 and 11 for each cover sheet for each filing
entity.
Item 5 Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following: |X|
Item 6 Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
Not applicable
Item 8 Identification and Classification of Members of the Group.
Not applicable
Item 9 Notice of Dissolution of Group.
Not applicable
Item 10 Certification.
Not applicable
<PAGE>
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated February 16, 1999
Oak Investment Partners IV
Limited Partnership
By: Oak Associates IV, LLC,
As General Partner
By: /s/ Eileen M. More
---------------------------------------
Managing Member
Oak Associates IV, LLC
By: /s/ Eileen M. More
---------------------------------------
Managing Member
Oak IV Affiliates Fund, Limited Partnership
By: Oak IV Affiliates, As General Partner
By: /s/ Eileen M. More
---------------------------------------
General Partner
Oak IV Affiliates
By: /s/ Eileen M. More
---------------------------------------
General Partner
<PAGE>
Oak Investment Partners VI Limited Partnership
By: Oak Associates VI, LLC
As General Partner
By: /s/ Eileen M. More
---------------------------------------
General Partner
Oak Associates VI, LLC
By: /s/ Eileen M. More
---------------------------------------
Manager Member
Oak VI Affiliates Fund, Limited Partnership
By: Oak VI Affiliates, As General Partner
By: /s/ Eileen M. More
---------------------------------------
General Partner
Oak VI Affiliates
By: /s/ Eileen M. More
---------------------------------------
General Partner
<PAGE>
OAK MANAGEMENT CORPORATION
By: /s/ Edward F. Glassmeyer
------------------------
Name: Edward F. Glassmeyer
Title: President
/s/ Bandel L. Carano
------------------------
Bandel L. Carano
/s/ Fredric W. Harman
------------------------
Fredric W. Harman
/s/ Gerald R. Gallagher
------------------------
Gerald R. Gallagher
/s/ Edward F. Glassmeyer
------------------------
Edward F. Glassmeyer
/s/ Ann H. Lamont
------------------------
Ann H. Lamont
/s/ Eileen M. More
------------------------
Eileen M. More
<PAGE>
INDEX TO EXHIBITS
Page
----
EXHIBIT A Agreement of Reporting Persons 22
<PAGE>
Exhibit A
Each of the undersigned hereby agrees that Amendment No. 2 to the Schedule
13G filed on the date hereof with respect to the shares of Common Stock of
Polycom, Inc. has been filed on behalf of the undersigned. Signature:
Dated February 16, 1999
Oak Investment Partners IV
Limited Partnership
By: Oak Associates IV, LLC,
As General Partner
By: /s/ Eileen M. More
---------------------------------------
Managing Member
Oak Associates IV, LLC
By: /s/ Eileen M. More
---------------------------------------
Managing Member
Oak IV Affiliates Fund, Limited Partnership
By: Oak IV Affiliates, As General Partner
By: /s/ Eileen M. More
---------------------------------------
General Partner
Oak IV Affiliates
By: /s/ Eileen M. More
---------------------------------------
General Partner
<PAGE>
Oak Investment Partners VI Limited Partnership
By: Oak Associates VI, LLC
As General Partner
By: /s/ Eileen M. More
---------------------------------------
General Partner
Oak Associates VI, LLC
By: /s/ Eileen M. More
---------------------------------------
Manager Member
Oak VI Affiliates Fund, Limited Partnership
By: Oak VI Affiliates, As General Partner
By: /s/ Eileen M. More
---------------------------------------
General Partner
Oak VI Affiliates
By: /s/ Eileen M. More
---------------------------------------
General Partner
<PAGE>
OAK MANAGEMENT CORPORATION
By: /s/ Edward F. Glassmeyer
------------------------
Name: Edward F. Glassmeyer
Title: President
/s/ Bandel L. Carano
------------------------
Bandel L. Carano
/s/ Fredric W. Harman
------------------------
Fredric W. Harman
/s/ Gerald R. Gallagher
------------------------
Gerald R. Gallagher
/s/ Edward F. Glassmeyer
------------------------
Edward F. Glassmeyer
/s/ Ann H. Lamont
------------------------
Ann H. Lamont
/s/ Eileen M. More
------------------------
Eileen M. More
