Exhibit 10.2

 

  

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS

DALLAS DIVISION

   LOGO [g37091img_001.jpg]

 

GRYPHON MASTER FUND, L.P.    §    AND GSSF MASTER FUND, L.P.    §       §   
            Plaintiffs,    §       §   

CIVIL ACTION NO.

v.    §       §   

3:06-CV-0107-D

PATH 1 NETWORK    §    TECHNOLOGIES INC.,    §       §                Defendant.
   §   

AGREED ORDER OF DISMISSAL WITH PREJUDICE

On this day, the Court considered the above-numbered and styled cause.
Plaintiffs Gryphon Master Fund, L.P., and GSSF Master Fund, LP (Collectively
“Plaintiffs”) and Defendant Path 1 Network Technologies, Inc. appeared by and
through their respective attorneys of record and announced to the Court that all
matters in controversy between them had been settled and compromised. Plaintiffs
and Defendant announced to the Court that they agree to dismiss their claims
with prejudice to re-filing of same, and that each party will bear its own
costs.

IT IS THEREFORE ORDERED, ADJUDGED and DECREED that Plaintiffs’ claims against
Defendant, as well as any claims that Plaintiffs could have asserted against
Defendant, are dismissed with prejudice.

IT IS FURTHER ORDERED, ADJUDGED AND DECREED that all costs of court shall be
borne by the party incurring same.

As the Court intends for this Agreed Order of Dismissal With Prejudice to be a
final judgment, any relief not expressly granted herein is hereby DENIED.

 

AGREED ORDER OF DISMISSAL WITH PREJUDICE    Page 1

--------------------------------------------------------------------------------

SO ORDERED:

SIGNED this 7th day of August, 2007.

 

/s/ Sidney A. Fitzwater

SIDNEY A. FITZWATER UNITED STATES DISTRICT JUDGE

 

AGREED TO:    

/s/ Stephen C. Rasch

      by      

/s/ Kim McCrea

Mr. Stephen C. Rasch     State Bar No. 24041434 State Bar No. 16551420
Thompson & Knight, LLP 1700 Pacific Avenue, Suite 3300 Dallas, TX 75201
ATTORNEYS FOR PLAINTIFFS

/s/ Jay R. Stucki

Jay R. Stucki Texas Bar No. 00798531 HULSE ¨ STUCKI, P.L.L.C. 2912 W. Story Road
Irving, Texas 75038 (214) 441-3000 – Telephone (214) 441-3001 – Telecopy
ATTORNEYS FOR DEFENDANT

 

AGREED ORDER OF DISMISSAL WITH PREJUDICE    Page 2

--------------------------------------------------------------------------------

CLOSED

CASE NUMBER: 3:06-CV-107-D

DATE: 08/07/07

TRIAL: ¨  YES

             x  NO