Exhibit 2.1
     
 Section 7.9




---



##### 



STOCK PURCHASE AGREEMENT
 Agreement Buyer Section 7.9 Parent Tritton Sellers
 RECITALS
 Tritton Shares
   AGREEMENT
  ARTICLE I.
DEFINITIONS AND INTERPRETATION PROVISIONS
 ARTICLE I
 Affiliate Affiliate
 April Working Capital April Working Capital
 Buyer Parties Buyer Parties
 Change of Control Change of Control




---



##### 



Code Code
 Current Assets
 Current Liabilities
 Damages Damages
 Employee Plans Employee Plans
 Encumbrances Encumbrances
 ERISA ERISA
 ERISA Affiliate ERISA Affiliate
 2




---



##### 



GAAP GAAP
 Intellectual Property Intellectual Property
 Knowledge Knowledge
 Liability Liability
 Material Adverse Effect Material Adverse Effect
 Net Sales Net Sales
 Permit Permit
  3




---



##### 



Person Person
 Proceeding Proceeding
 Related Party Related Party
 Seller Disclosure Schedule Seller Disclosure Schedule ARTICLE IV
 Seller Parties Seller Parties
 Sellers Representative Sellers Representative
 Taxes Taxes Tax ad valorem
 Tax Returns Tax Returns
 Transaction Bonus Payments Transaction Bonus Payments Section 2.3 Schedule 1.28
 Tritton Disclosure Schedule Tritton Disclosure Schedule ARTICLE V
 Tritton Products Tritton Products Exhibit A
 4




---



##### 



Working Capital Working Capital
 Working Capital Holdback Amount Working Capital Holdback
Amount
 Other Defined Terms
 Term
    
    SectionAgreement
    
    PreambleArbitrator
    
    
    2.6
    (c)Balance Sheet Date
    
    
    5.8
    (a)Buyer
    
    PreambleClosing
    
    
    3.1Closing Cash
    
    
    2.2Closing Date
    
    
    3.1Closing Working Capital
    
    
    2.2Dispute Notice
    
    
    2.6
    (a)Earn-Out Consideration
    
    
    2.2Earn-Out Period
    
    
    2.2Earn-Out Schedule
    
    
    2.5Environmental Claims
    
    
    8.2
    (c)Financial Statements
    
    
    5.8
    (a)Fraud Claims
    
    
    8.2
    (a)Fundamental Claims
    
    
    8.2
    (e)General Claims
    
    
    8.2
    (f)Leases
    
    
    5.13Manufacturing Ownership Claims
    
    
    8.2
    (d)Material Contracts
    
    
    5.14Net Sales Auditor
    
    
    2.5
    (c)Objection Notice
    
    
    2.5
    (c)Pre-Closing Partial Period
    
    
    7.7
    (c)Purchase Price
    
    
    2.2Restricted Period
    
    
    7.6Sellers
    
    PreambleTax Claims
    
    
    8.2
    (b)Tritton
    
    PreambleTritton Intellectual Property
    
    
    5.28
    (a)Tritton Shares
    
    RecitalsVon Huben Employment Agreement
    
    
    3.2
    (c)Working Capital Adjustment Amount
    
    
    2.2
 Interpretation Provisions
 5




---



##### 



ARTICLE II.
PURCHASE AND SALE OF TRITTON SHARES
 Sale of Tritton Shares Section 2.2
 Consideration for Tritton Shares Closing Cash Section 2.4 Earn-Out
Consideration Purchase Price Closing Working Capital Working Capital Adjustment Amount Article II
 Payment of the Closing Cash Schedule 1.28
 Earn-Out Consideration Earn-Out Period
 6




---



##### 



Fiscal Year
    
    Applicable Percentage
    
    Maximum Earn-Out Consideration2011
    
    [***]%
    
    $
    1,600,0002012
    
    [***]%
    
    $
    1,600,0002013
    
    [***]%
    
    $
    1,650,0002014
    
    [***]%
    
    $
    1,900,0002015
    
    [***]%
    
    $
    1,900,000
 Payment of Earn-Out Consideration Earn-Out Schedule Section 2.3
   Objection Notice
  7




---



##### 



Net Sales Auditor
  Working Capital Adjustment Dispute Notice Section 2.6(c)
 Section 2.6
  8




---



##### 



Arbitrator Section 2.6(a)
 Tax Treatment Section
2.5 ARTICLE VIII
 ARTICLE III.
CLOSING
 Closing Closing Closing Date
 Sellers Deliveries at Closing Section 3.2(c)
  Exhibit B
 Exhibit C Von Huben Employment
Agreement
    9




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##### 



Section 5.1
    Buyer Deliveries at Closing
   ARTICLE IV.
REPRESENTATIONS AND WARRANTIES REGARDING THE SELLERS
  Organization of Certain Sellers
 Authorization of Transaction
 10




---



##### 



Non-Contravention
 No Brokers
 Legal and Tax Advice
 Tritton Shares Section 4.6
 ARTICLE V.
REPRESENTATIONS AND WARRANTIES REGARDING TRITTON
  Due Organization Section 5.1
 11




---



##### 



Books and Records
 Capitalization of Tritton
 Subsidiaries
 Authorization
 Non-Contravention
 Consents and Approvals
 12




---



##### 



Financial Statements
 Balance Sheet Date Exhibit D Financial Statements
  No Undisclosed Liabilities Section 5.9
 No Changes Section 5.10
      Section 5.18
 13




---



##### 



Section 5.10
  14




---



##### 



Notes and Accounts Receivable
 Title to and Condition of Assets.
   Leases, Premises Section 5.13 Leases
 Contracts and Commitments Section 5.14
   15




---



##### 



Section 5.14 Material Contracts Section 5.14 Section 5.14
 Litigation, Proceedings and Applicable Law
 16




---



##### 



Compliance with Law Section 5.16
 Insurance
 Employee Benefit Plans.
 Schedule 5.18
  17




---



##### 



Labor Matters
 Section 5.19
  Product Liability; Warranty
 18




---



##### 



Tax Matters
    Section 5.21(d)
  19




---



##### 



20




---



##### 



Environmental Matters
 Customers and Suppliers Section 5.23
 Inventories Section 5.24
 No Brokers
 21




---



##### 



Powers of Attorney Section 5.26
 Transactions with Related Parties Section 5.27
 Intellectual Property
 Tritton Intellectual Property
    Section 5.28(a)(iv)
  22




---



##### 



Third Party Rights Section 5.28(b) Section 5.28(b)
         23




---



##### 



Enforceability, Validity, and Absence of Claims
 Identification of Depositories and Authorities Section 5.29
 Certain Business Practices
 Governmental Permits Section 5.31
 Legal and Tax Advice
 24




---



##### 



Accuracy of Information
 ARTICLE VI.
REPRESENTATIONS AND WARRANTIES OF BUYER
  Due Organization
 Authorization
 Non-Contravention
 Consents and Approvals
 Capital Resources
 No Brokers
 25




---



##### 



ARTICLE VII.
ADDITIONAL AGREEMENTS
 Further Assurances
 Confidential Information
 Section 7.2(b)
 Section 7.3 Section 7.2(a)
  26




---



##### 



Public Statements and Press Releases
 Employees and Offers of Employment Section 7.4 Exhibit E
 Litigation Support ARTICLE VIII provided however Section 7.5
 Additional Covenants Protecting the Interests of Buyer
 Restricted Period
  27




---



##### 



Section 7.6 Section 7.6 Section 7.6 Section 7.6
 Tax Matters
   28




---



##### 



Pre-Closing Partial Period Section 7.6(a) Section 8.2
 Contribution to Audit Expenses
 Guaranty ARTICLE II ARTICLE VIII
 Lease
 Tritton Disclosure Schedule
 ARTICLE VIII.
SURVIVAL; INDEMNIFICATION
 Survival of Representations, Etc
 29




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##### 



Sections 4.1 4.2 4.6 5.1 5.3 5.5 5.9 Sections 5.18 5.21 5.22
 Indemnification by the Sellers
 Fraud
Claims
 Sections 5.18 5.21 Tax Claims
 Section 5.22 Environmental Claims
 Manufacturing Ownership Claims
 Sections 4.1 4.2 4.6 5.1 5.3 5.5 5.9 Fundamental Claims
 General Claims
 Limitations on Indemnification by the Sellers Section 8.2
  30




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##### 



Section 8.2 Section 8.2
 Section 8.2 Section 8.3
 Section 8.3(b) Section 8.3
 Indemnification by Buyer
 Notice; Defense of Claims
 31




---



##### 



ARTICLE IX.
MISCELLANEOUS
 Assignment provided however
 Notices
  
  
  rd
 32




---



##### 



Entire Agreement; Amendments and Waivers
 Service of Process; Consent to Jurisdiction
 Service of Process
 Consent to Jurisdiction
 Multiple Counterparts
 33




---



##### 



Headings
 Exhibits and Schedules
 Governing Law
 Construction
 Expenses
 Invalidity
 Cumulative Remedies
 Specific Performance
  34




---



##### 



BUYER
    
    
    
    TRITTONMAD CATZ, INC.,
    
    
    
    TRITTON TECHNOLOGIES INC.,a Delaware corporation
    
    
    
    a Delaware corporationBy:
    
    /s/ Darren Richardson
    
    
    
    By:
    
    /s/ Christopher Von HubenName: Darren Richardson
    
    
    
    
    
    Name: Christopher Von HubenIts: President and Chief Executive Officer
    
    
    
    
    
    Its: President and Chief Executive OfficerPARENT
    
    
    
    SELLERS(solely with respect to Section 7.9)MAD CATZ INTERACTIVE, INC.,
    
    
    
    /s/ Christopher Von Hubena Canadian corporation
    
    
    
    Christopher Von HubenAddress:
    
    3526 Knollwood Dr.Carlsbad, CA 92010By:
    
    /s/ Darren RichardsonName: Darren RichardsonIts: President and Chief Executive Officer
    
    
    
    /s/ Frank SansoneFrank SansoneAddress:
    
    2933 Arboridge CT.Fullerton, CA 92835/s/ Dan RaffertyDan RaffertyAddress:
    
    5081 Ashberry Rd.Carlsbad, CA 92008/s/ Wes StewartWes StewartAddress:
    
    15 Via SoriaSan Clemente, CA 92673PXM Design, Inc. dba Project X Media/s/ Chris MartinoName: Chris MartinoIts:Address:
    
    P.O. Box 783Solana Beach, CA 92075




---



##### 



PageARTICLE I. DEFINITIONS AND INTERPRETATION PROVISIONS
    
    
    11.1
    
    Affiliate
    
    
    11.2
    
    April Working Capital
    
    
    11.3
    
    Buyer Parties
    
    
    11.4
    
    Change of Control
    
    
    11.5
    
    Code
    
    
    21.6
    
    Current Assets
    
    
    21.7
    
    Current Liabilities
    
    
    21.8
    
    Damages
    
    
    21.9
    
    Employee Plans
    
    
    21.10
    
    Encumbrances
    
    
    21.11
    
    ERISA
    
    
    21.12
    
    ERISA Affiliate
    
    
    21.13
    
    GAAP
    
    
    31.14
    
    Intellectual Property
    
    
    31.15
    
    Knowledge
    
    
    31.16
    
    Liability
    
    
    31.17
    
    Material Adverse Effect
    
    
    31.18
    
    Net Sales
    
    
    31.19
    
    Permit
    
    
    31.20
    
    Person
    
    
    41.21
    
    Proceeding
    
    
    41.22
    
    Related Party
    
    
    41.23
    
    Seller Disclosure Schedule
    
    
    41.24
    
    Seller Parties
    
    
    41.25
    
    Sellers Representative
    
    
    41.26
    
    Taxes
    
    
    41.27
    
    Tax Returns
    
    
    41.28
    
    Transaction Bonus Payments
    
    
    41.29
    
    Tritton Disclosure Schedule
    
    
    41.30
    
    Tritton Products
    
    
    41.31
    
    Working Capital
    
    
    51.32
    
    Working Capital Holdback Amount
    
    
    51.33
    
    Other Defined Terms
    
    
    51.34
    
    Interpretation Provisions
    
    
    5ARTICLE II. PURCHASE AND SALE OF TRITTON SHARES
    
    
    62.1
    
    Sale of Tritton Shares
    
    
    62.2
    
    Consideration for Tritton Shares
    
    
    62.3
    
    Payment of the Closing Cash
    
    
    62.4
    
    Earn-Out Consideration
    
    
    62.5
    
    Payment of Earn-Out Consideration
    
    
    72.6
    
    Working Capital Adjustment
    
    
    82.7
    
    Tax Treatment
    
    
    9
 i




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##### 



PageARTICLE III. Closing
    
    
    93.1
    
    Closing
    
    
    93.2
    
    Sellers Deliveries at Closing
    
    
    93.3
    
    Buyer Deliveries at Closing
    
    
    10ARTICLE IV. REPRESENTATIONS AND WARRANTIES REGARDING THE SELLERS
    
    
    104.1
    
    Organization of Certain Sellers
    
    
    104.2
    
    Authorization of Transaction
    
    
    104.3
    
    Non-Contravention
    
    
    114.4
    
    No Brokers
    
    
    114.5
    
    Legal and Tax Advice
    
    
    114.6
    
    Tritton Shares
    
    
    11ARTICLE V. REPRESENTATIONS AND WARRANTIES REGARDING TRITTON
    
    
    115.1
    
    Due Organization
    
    
    115.2
    
    Books and Records
    
    
    125.3
    
    Capitalization of Tritton
    
    
    125.4
    
    Subsidiaries
    
    
    125.5
    
    Authorization
    
    
    125.6
    
    Non-Contravention
    
    
    125.7
    
    Consents and Approvals
    
    
    125.8
    
    Financial Statements
    
    
    135.9
    
    No Undisclosed Liabilities
    
    
    135.10
    
    No Changes
    
    
    135.11
    
    Notes and Accounts Receivable
    
    
    155.12
    
    Title to and Condition of Assets
    
    
    155.13
    
    Leases, Premises
    
    
    155.14
    
    Contracts and Commitments
    
    
    155.15
    
    Litigation, Proceedings and Applicable Law
    
    
    165.16
    
    Compliance with Law
    
    
    175.17
    
    Insurance
    
    
    175.18
    
    Employee Benefit Plans
    
    
    175.19
    
    Labor Matters
    
    
    185.20
    
    Product Liability; Warranty
    
    
    185.21
    
    Tax Matters
    
    
    195.22
    
    Environmental Matters
    
    
    215.23
    
    Customers and Suppliers
    
    
    215.24
    
    Inventories
    
    
    215.25
    
    No Brokers
    
    
    215.26
    
    Powers of Attorney
    
    
    225.27
    
    Transactions with Related Parties
    
    
    225.28
    
    Intellectual Property
    
    
    225.29
    
    Identification of Depositories and Authorities
    
    
    245.30
    
    Certain Business Practices
    
    
    245.31
    
    Governmental Permits
    
    
    245.32
    
    Legal and Tax Advice
    
    
    245.33
    
    Accuracy of Information
    
    
    25
 ii




---



##### 



PageARTICLE VI. REPRESENTATIONS AND WARRANTIES OF BUYER
    
    
    256.1
    
    Due Organization
    
    
    256.2
    
    Authorization
    
    
    256.3
    
    Non-Contravention
    
    
    256.4
    
    Consents and Approvals
    
    
    256.5
    
    Capital Resources
    
    
    256.6
    
    No Brokers
    
    
    25ARTICLE VII. ADDITIONAL AGREEMENTS
    
    
    267.1
    
    Further Assurances
    
    
    267.2
    
    Confidential Information
    
    
    267.3
    
    Public Statements and Press Releases
    
    
    277.4
    
    Employees and Offers of Employment
    
    
    277.5
    
    Litigation Support
    
    
    277.6
    
    Additional Covenants Protecting the Interests of Buyer
    
    
    277.7
    
    Tax Matters
    
    
    287.8
    
    Contribution to Audit Expenses
    
    
    297.9
    
    Guaranty
    
    
    297.10
    
    Lease
    
    
    297.11
    
    Tritton Disclosure Schedule
    
    
    29ARTICLE VIII. SURVIVAL; INDEMNIFICATION
    
    
    298.1
    
    Survival of Representations, Etc.
    
    
    298.2
    
    Indemnification by the Sellers
    
    
    308.3
    
    Limitations on Indemnification by the Sellers
    
    
    308.4
    
    Indemnification by Buyer
    
    
    318.5
    
    Notice; Defense of Claims
    
    
    31ARTICLE IX. MISCELLANEOUS
    
    
    329.1
    
    Assignment
    
    
    329.2
    
    Notices
    
    
    329.3
    
    Entire Agreement; Amendments and Waivers
    
    
    339.4
    
    Service of Process; Consent to Jurisdiction
    
    
    339.5
    
    Multiple Counterparts
    
    
    339.6
    
    Headings
    
    
    349.7
    
    Exhibits and Schedules
    
    
    349.8
    
    Governing Law
    
    
    349.9
    
    Construction
    
    
    349.10
    
    Expenses
    
    
    349.11
    
    Invalidity
    
    
    349.12
    
    Cumulative Remedies
    
    
    349.13
    
    Specific Performance
    
    
    34
 iii