X0202 4 2006-10-24 0 0001219210 IKANOS COMMUNICATIONS IKAN 0001339168 VENKATESH GOPAL C/O IKANOS COMMUNICATIONS, INC. 47669 FREMONT BOULEVARD FREMONT CA 94538 1 0 0 0 Director Stock Option (Right to Buy) 8.12 2006-10-24 4 A 0 125000 0 A 2016-10-24 Common Stock 125000 125000 D The option becomes exercisable at the rate of 1/9th of the shares shall vest on the one (1) month anniversary of the vesting commencement date of October 24, 2006, and 1/9th of the shares shall vest each month thereafter on the anniversary of the vesting commencement date, subject to the Reporting Person continuing to be the Executive Chairman of the Board of Directors through such dates. /s/ Daniel K. Atler, by Power of Attorney 2006-10-24