-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WJxw7T0CLbkE9fc4j0dNzCEOlAnMI36vjFU4r9mGyDpr72RHnZP2iNDWFNcwFwvc 6176wPkknVv3VIJWV8/DFQ== 0000752431-07-000027.txt : 20070507 0000752431-07-000027.hdr.sgml : 20070507 20070507194359 ACCESSION NUMBER: 0000752431-07-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070505 FILED AS OF DATE: 20070507 DATE AS OF CHANGE: 20070507 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NETWORK EQUIPMENT TECHNOLOGIES INC CENTRAL INDEX KEY: 0000752431 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 942904044 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 6900 PASEO PADRE PARKWAY CITY: FREMONT STATE: CA ZIP: 94555-3660 BUSINESS PHONE: 5107137300 MAIL ADDRESS: STREET 1: 6900 PASEO PADRE PARKWAY CITY: FREMONT STATE: CA ZIP: 94555-3660 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LAU GARY L CENTRAL INDEX KEY: 0001205440 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10255 FILM NUMBER: 07825473 BUSINESS ADDRESS: STREET 1: NETWORK EQUIPMENT TECHNOLOGIES INC STREET 2: 6900 PASEO PADRE PARKWAY CITY: FREMONT STATE: CA ZIP: 94555 4 1 edgardoc.xml PRIMARY DOCUMENT X0202 4 2007-05-05 0 0000752431 NETWORK EQUIPMENT TECHNOLOGIES INC NWK 0001205440 LAU GARY L 6900 PASEO PADRE PARKWAY FREMONT CA 94555 0 1 0 0 EXC.124.SR VP - SALES Common Stock 2007-05-05 4 D 0 403 10.75 D 8388 D Non-Qualified Stock Option (right to buy) 10.75 2007-05-07 4 A 0 30000 0 A 2017-05-07 Common Stock 30000 30000 D Shares represent the tax liability for the release of this vested portion of the restricted stock award. Shares granted under N.E.T. 1993 Stock Option Plan. Options vest 25% after one year, thereafter in a series of 36 equal monthly installments. By: Frank Slattery For: Gary Lau 2007-05-07 EX-24 2 exhibit24lau.htm EDGAR SUPPORTING DOCUMENT POWER OF ATTORNEY



LIMITED POWER OF ATTORNEY FOR
SECTION 16 REPORTING OBLIGATIONS

KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and appoints each of John F. McGrath, Jr, Frank Slattery, and Ruth Vogelsang, signing singly, the undersigned's true and lawful attorney-in-fact to:

(1) prepare, execute, and file, for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of Network Equipment Technologies, Inc. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

(2) seek or obtain, as the undersigned's representative and on the undersigned's behalf, information on transactions in the Company's securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information; and

(3) perform any and all other acts which in the discretion of such attorney-in-fact are necessary or desirable for and on behalf of the undersigned in connection with the foregoing.

The undersigned acknowledges that:  (a) this Power of Attorney authorizes, but does not require, such attorney-in-fact to act in their discretion on information provided to such attorney-in-fact without independent verification of such information; and (b) this Power of Attorney does not relieve the undersigned from personal responsibility for compliance with the reporting requirements of Section 16 of the Exchange Act.

The undersigned hereby gives and grants the foregoing attorney-in-fact full power and authority as fully to all intents and purposes as the undersigned might or could do if present, hereby ratifying all that such attorney-in-fact of, for and on behalf of the undersigned, shall lawfully do or cause to be done by virtue of this Limited Power of Attorney.

This Limited Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to such attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 27th day of October, 2004.


/s/ GARY L. LAU




net.com 2004.10.27


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