Document:

Restricted Stock Award Agreements

 Exhibit 10.99.1 
 RESTRICTED STOCK AWARD AGREEMENT FOR 
 PATH 1 NETWORK TECHNOLOGIES INC. COMMON STOCK UNDER THE

 2004 EQUITY INCENTIVE PLAN 
 THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is entered into as of the 15th day of November, 2005 by and between Path 1 Network Technologies Inc., a Delaware corporation (the “Company”), and Thomas L.
Tullie (herein referred to as the “Participant”); 
 WITNESSETH: 
 WHEREAS, the Participant serves as Chief Executive Officer for the Company; 
 WHEREAS, the Company has previously adopted the Path 1 Network Technologies Inc. 2004 Equity Incentive Plan (the “Plan”); 
 WHEREAS, pursuant to the Plan, the Company has awarded the Participant shares of common stock under the Plan subject to the terms and conditions
of this Agreement. 
 NOW, THEREFORE, in consideration of the premises and the mutual promises and covenants herein contained, the
Participant and the Company agree as follows (all capitalized terms used herein, unless otherwise defined, have the meaning ascribed to such terms in the Plan): 
 1. The Plan. The Plan, a copy of which is attached hereto as Exhibit A, is hereby incorporated by reference herein and made a part hereof for all purposes, and when taken with this Agreement shall govern the
rights of the Participant and the Company with respect to the Award (as defined below). 
 2. Grant of Award. The Company hereby
grants to the Participant an award (the “Award”) of Two Hundred Fifty Thousand (250,000) shares of Company common stock, par value $0.001 (the “Stock”), on the terms and conditions set forth herein and in the Plan.

 3. Terms of Award. 
 (a) Escrow of Shares. A certificate representing the shares of Stock subject to the Award (the “Restricted Stock”) shall be issued in the name of the Participant and shall be escrowed with the Controller of the Company (the
“Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement. 
 (b)
Time Vesting. The shares of Restricted Stock will vest in one lump amount on November 15, 2007 subject to and based on the Participant’s continuous service with the Company through November 15, 2007. In the event the
Participant’s service with the Company is terminated before November 15, 2007 (i) without “Cause” or (ii) by the Participant voluntarily for “Good Reason”, then, if and only if the condition stated in
Section 4.3 of the employment letter agreement dated November 13, 2005 between the Company and the Participant is satisfied, any shares of Restricted Stock that have not yet been vested shall immediately vest. Once vested pursuant to the
terms of this Agreement, the Restricted Stock shall be deemed Vested Stock. The Participant expressly acknowledges that nothing in the Plan or in this Agreement gives him any right to continue his service with the Company for any period of time, nor
does the Plan or this Agreement interfere in any way with his right or the Company’s right to terminate that service at any time, for any reason, with or without cause (subject to any applicable consequences under any express written
contracts). 

 (c) Voting Rights and Dividends. The Participant shall have all of the voting rights attributable
to the shares of Restricted Stock issued to him. Cash dividends declared and paid by the Company with respect to the shares of Restricted Stock shall be paid to the Participant. 
 (d) Vested Stock—Removal of Restrictions. Upon Restricted Stock becoming Vested Stock, all restrictions shall be removed from the
certificates representing such Stock and the Secretary of the Company shall (subject to Section 11 below) deliver to the Participant certificates representing such Vested Stock free and clear of all restrictions. 
 (e) Forfeiture. In the event the Participant’s employment with the Company is, prior to all shares of Restricted Stock becoming Vested Stock,
terminated for any reason other than (i) death, (ii) disability, (iii) without Cause, or (iv) by the Participant for Good Reason, then all shares of Restricted Stock which have not yet been vested shall be absolutely forfeited
and the Participant shall have no further interest therein of any kind whatsoever. 
 4. Change of Control Vesting. 
 (a) Upon a Change of Control, all Restricted Stock shall immediately become Vested Stock and the Company shall deliver to the Participant certificates
representing the Vested Stock free and clear of all restrictions. 
 (b) “Change of Control” shall have the definition given to
that term in the employment letter agreement dated November 13, 2005 between the Company and the Participant. 
 5. Cause.
“Cause” shall have the definition given to that term in the employment letter agreement dated November 13, 2005 between the Company and the Participant. 
 6. Good Reason. Voluntary termination for “Good Reason” shall have the definition given to that term in the employment letter agreement dated November 13, 2005 between the Company and the
Participant. 
 7. Stock Powers and the Beneficiary. The Participant hereby agrees to execute and deliver to the Controller of the
Company a stock power (endorsed in blank) in the form of Exhibit B hereto covering his Award and authorizes the Controller to deliver to the Company any and all shares of Restricted Stock that are forfeited under the provisions of this Agreement,
together with such stock power. 
 8. Non-transferability of Award. The Participant shall not have the right to sell, assign,
transfer, convey, dispose, pledge, hypothecate, burden, encumber or charge any shares of Restricted Stock or any interest therein in any manner whatsoever before they vest. 
 9. Notices. All notices or other communications relating to the Plan and this Agreement as it relates to the Participant shall be in writing.

 10. Binding Effect and Governing Law. This Agreement shall be (i) binding upon and inure to the benefit of the parties hereto
and their respective heirs, successors and assigns except as may be limited by the Plan and (ii) governed and construed under the laws of the State of California, without regard to its conflicts of laws provisions. 
 11. Withholding. The Company and the Participant shall comply with all federal and state laws and regulations, if any, respecting the withholding,
deposit and payment of any income, employment 

  

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or other taxes relating to the Award. No share certificate shall be delivered to the Participant except upon payment of all required employee-side
withholding taxes by the Participant to the Company. Any delay by the Participant in making such payment shall not affect the due date for such delivery nor the date as of which the value of Shares is measured for withholding tax purposes.

 12. Captions. The captions of specific provisions of this Agreement are for convenience and reference only, and in no way define,
describe, extend or limit the scope of this Agreement or the intent of any provision hereof. 
 13. Counterparts. This Agreement may
be executed in any number of identical counterparts, each of which shall be deemed an original for all purposes, but all of which taken together shall form but one agreement. 
 14. Entire Agreement; No Amendments. The parties acknowledge that this Award constitutes 250,000 of the Initial Shares which were to be granted by
the Company to the Participant pursuant to the employment letter agreement dated November 13, 2005 between the Company and the Participant, and satisfies all of the Company’s obligations with regard to such 250,000 of the Initial Shares.
This Agreement constitutes the complete agreement of the parties with regard to the subject matter hereof, including the employment letter agreement, and supersedes all prior or contemporaneous commitments and agreements, oral or written, with
regard thereto. This Agreement may not be amended except in writing and signed by the parties hereto. 
 15. Attorneys. The parties
acknowledge that they have the right to have been represented by legal counsel of their own choosing, and that Heller Ehrman LLP and Hayden Trubitt are representing the Company and are not representing the Participant. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	 Path 1 Network Technologies Inc.
 (a Delaware
corporation)

		
	By:	 	 /s/    JEREMY FERRELL

		
	Its:	 	Interim CFO

  

	
	Participant:
	
	/s/    THOMAS L. TULLIE
	Thomas L. Tullie

  

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 Exhibit A 
 2004 EQUITY INCENTIVE PLAN 

 Exhibit B 
 ASSIGNMENT SEPARATE FROM CERTIFICATE 
 FOR VALUE RECEIVED, Thomas L. Tullie, an individual, hereby
irrevocably assigns and conveys to
                                    ,
                                        
(            ) shares of the Common Stock of Path 1 Network Technologies Inc., a Delaware corporation, $0.001 par value, and appoints
                     as attorney to transfer such shares on the books of such corporation. 
 Dated: ___________ 
  

	
	
	   
	Thomas L. Tullie

 RESTRICTED STOCK AWARD AGREEMENT FOR 
 PATH 1 NETWORK TECHNOLOGIES INC. COMMON STOCK UNDER THE 
 2000 STOCK
OPTION/STOCK ISSUANCE PLAN 
 THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is entered into as of the 15th day
of November, 2005 by and between Path 1 Network Technologies Inc., a Delaware corporation (the “Company”), and Thomas L. Tullie (herein referred to as the “Participant”); 
 WITNESSETH: 
 WHEREAS, the Participant serves as Chief Executive Officer
for the Company; 
 WHEREAS, the Company has previously adopted the Path 1 Network Technologies Inc. 2000 Stock Option/Stock Issuance
Plan (the “Plan”); 
 WHEREAS, pursuant to the Plan, the Company has awarded the Participant shares of common stock under
the Plan subject to the terms and conditions of this Agreement. 
 NOW, THEREFORE, in consideration of the premises and the mutual
promises and covenants herein contained, the Participant and the Company agree as follows (all capitalized terms used herein, unless otherwise defined, have the meaning ascribed to such terms in the Plan): 
 16. The Plan. The Plan, a copy of which is attached hereto as Exhibit A, is hereby incorporated by reference herein and made a part hereof for all
purposes, and when taken with this Agreement shall govern the rights of the Participant and the Company with respect to the Award (as defined below). 
 17. Grant of Award. The Company hereby grants to the Participant an award (the “Award”) of Fifty Thousand (50,000) shares of Company common stock, par value $0.001 (the “Stock”), on the
terms and conditions set forth herein and in the Plan. 
 18. Terms of Award. 
 (a) Escrow of Shares. A certificate representing the shares of Stock subject to the Award (the “Restricted Stock”) shall be issued in
the name of the Participant and shall be escrowed with the Controller of the Company (the “Escrow Agent”) subject to removal of the restrictions placed thereon or forfeiture pursuant to the terms of this Agreement. 
 (b) Time Vesting. The shares of Restricted Stock will vest in one lump amount on November 15, 2008 subject to and based on the
Participant’s continuous service with the Company through November 15, 2008. In the event the Participant’s service with the Company is terminated before November 15, 2008 (i) without “Cause” or (ii) by the
Participant voluntarily for “Good Reason”, then, if and only if the condition stated in Section 4.3 of the employment letter agreement dated November 13, 2005 between the Company and the Participant is satisfied, any shares of
Restricted Stock that have not yet been vested shall immediately vest. Once vested pursuant to the terms of this Agreement, the Restricted Stock shall be deemed Vested Stock. The Participant expressly acknowledges that nothing in the Plan or in this
Agreement gives him any right to continue his service with the Company for any period of time, nor does the Plan or this Agreement interfere in any way with his right or the Company’s right to terminate that service at any time, for any reason,
with or without cause (subject to any applicable consequences under any express written contracts). 
  

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 (c) Voting Rights and Dividends. The Participant shall have all of the voting rights attributable
to the shares of Restricted Stock issued to him. Cash dividends declared and paid by the Company with respect to the shares of Restricted Stock shall be paid to the Participant. 
 (d) Vested Stock—Removal of Restrictions. Upon Restricted Stock becoming Vested Stock, all restrictions shall be removed from the
certificates representing such Stock and the Secretary of the Company shall (subject to Section 11 below) deliver to the Participant certificates representing such Vested Stock free and clear of all restrictions. 
 (e) Forfeiture. In the event the Participant’s employment with the Company is, prior to all shares of Restricted Stock becoming Vested Stock,
terminated for any reason other than (i) death, (ii) disability, (iii) without Cause, or (iv) by the Participant for Good Reason, then all shares of Restricted Stock which have not yet been vested shall be absolutely forfeited
and the Participant shall have no further interest therein of any kind whatsoever. 
 19. Change of Control Vesting. 
 (a) Upon a Change of Control, all Restricted Stock shall immediately become Vested Stock and the Company shall deliver to the Participant certificates
representing the Vested Stock free and clear of all restrictions. 
 (b) “Change of Control” shall have the definition given to
that term in the employment letter agreement dated November 13, 2005 between the Company and the Participant. 
 20. Cause.
“Cause” shall have the definition given to that term in the employment letter agreement dated November 13, 2005 between the Company and the Participant. 
 21. Good Reason. Voluntary termination for “Good Reason” shall have the definition given to that term in the employment letter agreement dated November 13, 2005 between the Company and the
Participant. 
 22. Stock Powers and the Beneficiary. The Participant hereby agrees to execute and deliver to the Controller of the
Company a stock power (endorsed in blank) in the form of Exhibit B hereto covering his Award and authorizes the Controller to deliver to the Company any and all shares of Restricted Stock that are forfeited under the provisions of this Agreement,
together with such stock power. 
 23. Non-transferability of Award. The Participant shall not have the right to sell, assign,
transfer, convey, dispose, pledge, hypothecate, burden, encumber or charge any shares of Restricted Stock or any interest therein in any manner whatsoever before they vest. 
 24. Notices. All notices or other communications relating to the Plan and this Agreement as it relates to the Participant shall be in writing.

 25. Binding Effect and Governing Law. This Agreement shall be (i) binding upon and inure to the benefit of the parties hereto
and their respective heirs, successors and assigns except as may be limited by the Plan and (ii) governed and construed under the laws of the State of California, without regard to its conflicts of laws provisions. 
 26. Withholding. The Company and the Participant shall comply with all federal and state laws and regulations, if any, respecting the withholding,
deposit and payment of any income, employment 

  

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or other taxes relating to the Award. No share certificate shall be delivered to the Participant except upon payment of all required employee-side
withholding taxes by the Participant to the Company. Any delay by the Participant in making such payment shall not affect the due date for such delivery nor the date as of which the value of Shares is measured for withholding tax purposes.

 27. Captions. The captions of specific provisions of this Agreement are for convenience and reference only, and in no way define,
describe, extend or limit the scope of this Agreement or the intent of any provision hereof. 
 28. Counterparts. This Agreement may
be executed in any number of identical counterparts, each of which shall be deemed an original for all purposes, but all of which taken together shall form but one agreement. 
 29. Entire Agreement; No Amendments. The parties acknowledge that this Award constitutes 50,000 of the Initial Shares which were to be granted by
the Company to the Participant pursuant to the employment letter agreement dated November 13, 2005 between the Company and the Participant, and satisfies all of the Company’s obligations with regard to such 50,000 of the restricted Initial
Shares. This Agreement constitutes the complete agreement of the parties with regard to the subject matter hereof, including the employment letter agreement, and supersedes all prior or contemporaneous commitments and agreements, oral or written,
with regard thereto. This Agreement may not be amended except in writing and signed by the parties hereto. 
 30. Attorneys. The
parties acknowledge that they have the right to have been represented by legal counsel of their own choosing, and that Heller Ehrman LLP and Hayden Trubitt are representing the Company and are not representing the Participant. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 
  

			
	 Path 1 Network Technologies Inc.
 (a Delaware
corporation)

		
	By:	 	 /s/    JEREMY FERRELL

		
	Its:	 	Interim CFO

  

	
	Participant:
	
	/s/    THOMAS L. TULLIE        
	Thomas L. Tullie

  

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 Exhibit A 
 2000 STOCK OPTION/STOCK ISSUANCE PLAN 

 Exhibit B 
 ASSIGNMENT SEPARATE FROM CERTIFICATE 
 FOR VALUE RECEIVED, Thomas L. Tullie, an individual, hereby
irrevocably assigns and conveys to _______________________,___________________________ (            ) shares of the Common Stock of Path 1 Network Technologies Inc., a Delaware
corporation, $0.001 par value, and appoints __________ as attorney to transfer such shares on the books of such corporation. 
 Dated: ___________

  

	
	
	   
	Thomas L. TullieNon-Plan stock option agreement

 Exhibit 10.99.2 
 PATH 1 NETWORK TECHNOLOGIES, INC. 
 STOCK OPTION GRANT NOTICE 
 (NON-PLAN) 
 Path 1 Network Technologies, Inc. (the “Company”), not pursuant to any preexisting stock option plan, hereby grants to Optionholder an option to purchase the number of shares of the Company’s Common
Stock set forth below. This option is subject to all of the terms and conditions as set forth herein and in the Stock Option Agreement and the Notice of Exercise, all of which are attached hereto and incorporated herein in their entirety.

  

			
	Optionholder:	 	Thomas L. Tullie
	Date of Grant:	 	November 15, 2005
	Vesting Commencement Date:	 	November 15, 2005
	Number of Shares Subject to Option:	 	115,000
	Exercise Price (Per Share):	 	$2.84
	Total Exercise Price:	 	$326,600
	Expiration Date:	 	November 14, 2015

  

					
	Type of Grant:	  	  ̈        Incentive Stock Option
	  	 þ      Nonstatutory Stock Option

			
	Exercise Schedule:	  	 þ      Same as Vesting Schedule
	  	  ̈        Early Exercise Permitted

		
	Vesting Schedule:	  	The 115,000 options are fully vested upon grant; provided, however, that none of such options shall be exercisable before November 15, 2006 (or, if earlier, upon a Change of
Control as defined in the employment letter agreement dated November 13, 2005 or, subject to Section 4.3 of such employment letter agreement, upon termination of employment to the extent specified for certain defined circumstances in
Section 4.2(a) of such employment letter agreement). And provided, further, that none of such options shall ever become exercisable unless and until the Optionholder remains with the Company as CEO through November 15, 2006 unless such a
Change of Control occurs before November 15, 2006 or the Optionholder is before November 15, 2006 terminated without Cause or resigns for Good Reason (in each case as defined in such employment letter agreement), in which event the options
would become exercisable upon such Change of Control, termination without Cause or resignation for Good Reason.
		
	Payment:	  	By one or a combination of the following items (described in the Stock Option Agreement):
		
		  	 þ      By cash or check

		
		  	 þ      Pursuant to a Regulation T Program if the Shares are
publicly traded

		
		  	 þ      By delivery of already-owned shares if the Shares are
publicly traded

 Additional Terms/Acknowledgements: The undersigned Optionholder acknowledges receipt of, and understands
and agrees to, this Stock Option Grant Notice and the Stock Option Agreement. Optionholder further acknowledges that as of the Date of Grant, this Stock Option Grant Notice and the Stock Option Agreement set forth the entire understanding between
Optionholder and the Company regarding the acquisition of stock in the Company and supersede all prior oral and written agreements on that subject with the exception of (i) options and restricted stock awards previously granted and delivered to
Optionholder under any plan, and (ii) the following agreements only: 
  

			
	OTHER AGREEMENTS:	  	the employment letter agreement dated November 13, 2005 between the Company and Thomas L. Tullie and the equity issuance rights described therein, including without limitation with
regard to stock options and restricted stock award agreements

									
	PATH 1 NETWORK TECHNOLOGIES INC.	 		 	OPTIONHOLDER:
				
	 By: 
	 	/s/    JEREMY FERRELL        	 		 	/s/    THOMAS L. TULLIE        
		 	Signature	 		 		 	Signature
					
	 Title: 
	 	 Interim CFO
	 		 	 Date: 
	 	 1-16-06

					
	 Date: 
	 	 1-16-06
	 		 		 	

 ATTACHMENTS: Stock Option Agreement and Notice of Exercise 
  

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 ATTACHMENT I 
 STOCK OPTION AGREEMENT 
  

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 Path 1 Network Technologies, Inc. 
 STOCK OPTION AGREEMENT 
 (NONSTATUTORY STOCK OPTION) 
 Pursuant to your Stock Option Grant Notice (“Grant Notice”) and this Stock Option Agreement, Path 1 Network Technologies, Inc. (the
“Company”), has granted you an option, not under any stock option plan, to purchase the number of shares of the Company’s Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. Although this
option is not subject to the Company’s 2004 Equity Incentive Plan (the “Plan”), for the sake of convenience it is agreed that the Grant Notice and this Stock Option Agreement shall be interpreted and governed consistently with options
granted under the Plan, and defined terms not explicitly defined in this Stock Option Agreement but defined in the Plan shall have the same definitions as in the Plan. 
 The details of your option are as follows: 
 1. VESTING. Subject to the limitations
contained herein, your option will vest as provided in your Grant Notice, provided that vesting will cease upon the termination of your Continuous Service. 
 2. NUMBER OF SHARES AND EXERCISE PRICE. The number of shares of Common Stock subject to your option and your exercise
price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments. 
 3.
METHOD OF PAYMENT. Payment of the exercise price is due in full upon exercise of all or any part of your option. You may elect to make payment of the exercise price in cash or by check or in any other
manner permitted by your Grant Notice, which may include one or more of the following: 
  

	 	(a)	In the Company’s sole discretion at the time your option is exercised and provided that at the time of exercise the Common Stock is publicly traded and quoted regularly
in The Wall Street Journal, pursuant to a program developed under Regulation T as promulgated by the Federal Reserve Board that, prior to the issuance of Common Stock, results in either the receipt of cash (or check) by the Company or the
receipt of irrevocable instructions to pay the aggregate exercise price to the Company from the sales proceeds. 

  

	 	(b)	 Provided that at the time of exercise the Common Stock is publicly traded and quoted regularly in The Wall Street Journal, by delivery of
already-owned shares of Common Stock either that you have held for the period required to avoid a charge to the Company’s reported earnings (generally six (6) months) or that you did not acquire, directly or indirectly from the Company,
that are owned free and clear of any liens, claims, encumbrances or security interests, and that are valued at Fair Market Value on the date of exercise. “Delivery” for these purposes, in the sole discretion of the Company at the time you
exercise your option, shall include delivery to the Company of your attestation of ownership of such shares of Common Stock in a form approved by the Company. Notwithstanding the foregoing, you may not exercise your option by tender to 

  

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the Company of Common Stock to the extent such tender would violate the provisions of any law, regulation or agreement restricting the redemption of the
Company’s stock. 

 4. WHOLE SHARES. You may exercise your option only for whole
shares of Common Stock. 
 5. SECURITIES LAW COMPLIANCE. Notwithstanding anything to the
contrary contained herein, you may not exercise your option unless the shares of Common Stock issuable upon such exercise are then registered under the Securities Act or, if such shares of Common Stock are not then so registered, the Company has
determined that such exercise and issuance would be exempt from the registration requirements of the Securities Act. The exercise of your option also must comply with other applicable laws and regulations governing your option, and you may not
exercise your option if the Company determines that such exercise would not be in material compliance with such laws and regulations. 
 6. TERM. You may not exercise your option before the commencement or after the expiration of its term. The term of your option commences on the Date of Grant and expires upon the earliest of the following: 

 

	 	(a)	three (3) months after the termination of your Continuous Service for any reason other than your Disability or death, provided that if during any part of such three
(3) month period your option is not exercisable solely because of the condition set forth in Section 6, your option shall not expire until the earlier of the Expiration Date or until it shall have been exercisable for an aggregate period
of three (3) months after the termination of your Continuous Service; 

  

	 	(b)	twelve (12) months after the termination of your Continuous Service due to your Disability; 

  

	 	(c)	eighteen (18) months after your death if you die either during your Continuous Service or within three (3) months after your Continuous Service terminates; or

  

	 	(d)	the Expiration Date indicated in your Grant Notice. 

 Provided, however, that notwithstanding the foregoing, if a Change of Control (as defined in your employment letter agreement dated November 13, 2005) occurs during your employment as CEO, your option shall, if it would otherwise
pursuant to subsection (a), (b) or (c) above have expired earlier than the second anniversary of such Change of Control, instead be extended to the second anniversary of such Change of Control (or, if sooner than such second anniversary of
such Change of Control, to the Expiration Date indicated in your Grant Notice). 
 Provided, further, that notwithstanding any of the
foregoing (including any earlier extension as a result of a Change of Control), in the event your employment as CEO terminates, then pursuant to the terms of your employment letter agreement dated November 13, 2005, your option shall (if and
only if the condition stated in Section 4.3 of such employment letter agreement is satisfied) not expire, as to any options which were vested on or before the date of termination, until the second anniversary of such termination (or, if
earlier, on the Expiration 

  

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Date indicated in your Grant Notice), to the extent so called for by Section 4.2 of such employment letter agreement. 
 7. EXERCISE. 
  

	 	(a)	You may exercise the vested portion of your option during its term by delivering a Notice of Exercise (in a form designated by the Company) together with the exercise price to the
Secretary of the Company, or to such other person as the Company may designate, during regular business hours, together with such additional documents as the Company may then require. 

  

	 	(b)	By exercising your option you agree that, as a condition to any exercise of your option, the Company may require you to enter into an arrangement providing for the payment by you to
the Company of any tax withholding obligation of the Company arising by reason of (1) the exercise of your option, (2) the lapse of any substantial risk of forfeiture to which the shares of Common Stock are subject at the time of exercise,
or (3) the disposition of shares of Common Stock acquired upon such exercise. 

 8. TRANSFERABILITY.
Your option is not transferable, except by will or by the laws of descent and distribution, and is exercisable during your life only by you. Notwithstanding the foregoing, by delivering written notice to the Company, in a form satisfactory to the
Company, you may designate a third party who, in the event of your death, shall thereafter be entitled to exercise your option. 
 9.
OPTION NOT A SERVICE CONTRACT. Your option is not an employment or service contract, and nothing in your option shall be deemed to create in any way whatsoever any
obligation on your part to continue in the employ of the Company or an Affiliate, or of the Company or an Affiliate to continue your employment. In addition, nothing in your option shall obligate the Company or an Affiliate, their respective
stockholders, Boards of Directors, Officers or Employees to continue any relationship that you might have as a Director or Consultant for the Company or an Affiliate. 
 10. WITHHOLDING OBLIGATIONS. 
  

	 	(a)	At the time you exercise your option, in whole or in part, or at any time thereafter as requested by the Company, you hereby authorize withholding from payroll and any other amounts
payable to you, and otherwise agree to make adequate provision for (including by means of a “cashless exercise” pursuant to a program developed under Regulation T as promulgated by the Federal Reserve Board to the extent permitted by the
Company), any sums required to satisfy the federal, state, local and foreign tax withholding obligations of the Company or an Affiliate, if any, which arise in connection with the exercise of your option. 

  

	 	(b)	 Upon your request and subject to approval by the Company, in its sole discretion, and compliance with any applicable legal conditions or restrictions, the Company
may withhold from fully vested shares of Common Stock otherwise issuable to you upon the exercise of your option a number of whole shares of Common Stock having a Fair Market Value, determined by the Company as of the date of exercise, not in excess
of the 

  

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minimum amount of tax required to be withheld by law (or such lower amount as may be necessary to avoid variable award accounting). If the date of
determination of any tax withholding obligation is deferred to a date later than the date of exercise of your option, share withholding pursuant to the preceding sentence shall not be permitted unless you make a proper and timely election under
Section 83(b) of the Code, covering the aggregate number of shares of Common Stock acquired upon such exercise with respect to which such determination is otherwise deferred, to accelerate the determination of such tax withholding obligation to
the date of exercise of your option. Notwithstanding the filing of such election, shares of Common Stock shall be withheld solely from fully vested shares of Common Stock determined as of the date of exercise of your option that are otherwise
issuable to you upon such exercise. Any adverse consequences to you arising in connection with such share withholding procedure shall be your sole responsibility. 

  

	 	(c)	You may not exercise your option unless the tax withholding obligations of the Company and/or any Affiliate are satisfied. Accordingly, you may not be able to exercise your option
when desired even though your option is vested, and the Company shall have no obligation to issue a certificate for such shares of Common Stock or release such shares of Common Stock from any escrow provided for herein unless such obligations are
satisfied. 

 11. NOTICES. Any notices provided for in your option shall be given in writing and shall be
deemed effectively given upon receipt or, in the case of notices delivered by mail by the Company to you, five (5) days after deposit in the United States mail, postage prepaid, addressed to you at the last address you provided to the Company.

  

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 ATTACHMENT II 
 NOTICE OF EXERCISE 
 PATH 1 NETWORK
TECHNOLOGIES, INC. 
 6215 Ferris Square 
 Suite 140 
 San Diego, CA 92121 
 Date of Exercise:                      
 Ladies and Gentlemen: 
 This constitutes notice under my stock option that I elect to purchase the number of
shares for the price set forth below. 
  

			
	 Stock option dated:
	  	___________________
		
	 Number of shares as to which option is exercised:
	  	___________________
		
	 Certificates to be issued in name of:
	  	___________________
		
	 Total exercise price:
	  	$__________________
		
	 Cash payment delivered herewith:
	  	$__________________

 By this exercise, I agree (i) to provide such additional documents as you may require, and
(ii) to provide for the payment by me to you (in the manner designated by you) of your withholding obligation, if any, relating to the exercise of this option. 
  

	
	 Very truly yours,

	
	   

  

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