Exhibit 10.70

 

AMENDMENT OF

EMPLOYMENT LETTER AGREEMENT

 

This instrument amends the employment letter agreement dated October 16, 2002
between Path 1 Network Technologies Inc. and John R. Zavoli.

 

The “Severance Agreement” item therein is amended to read in full as follows:

 

Severance Agreement: Twelve months severance in the form of salary and benefit
continuation in case of termination by Path 1 for any reason other than cause.
Subject to this severance arrangement, you shall be an “at-will” employee and
your employment can be terminated at any time by Path 1, or by you, for any
reason or for no reason.

 

Dated: May 11, 2004

PATH 1 NETWORK TECHNOLOGIES INC. By:   /S/    JOHN ZAVOLI    

(Upon authority of the Compensation

Committee, by action taken May 10, 2004)

/S/    JOHN ZAVOLI

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JOHN R. ZAVOLI