Document:

Amendment to Patent Purchase Agreement

 Exhibit 10.1 
 AMENDMENT TO PATENT PURCHASE AGREEMENT 
 This AMENDMENT TO PATENT PURCHASE AGREEMENT (the
“Amendment”) amends the PATENT PURCHASE AGREEMENT (“Agreement”) entered into on November 17, 2006 (“Effective Date”) by and between Great Links G.B. Limited
Liability Company, a Delaware limited liability company, with an office at 1209 Orange Street, Wilmington, DE 19801 (“Purchaser”), and Path 1 Network Technologies, Inc., a Delaware corporation, with an office at
6215 Ferris Square, Suite 140, San Diego, CA 92121 (“Seller”) as set forth herein. 
  

	 	1.	Except as explicitly defined herein, the capitalized terms used in this Amendment shall have the meanings defined in the Agreement. 

  

	 	2.	Exhibit E is hereby amended to provide data regarding maintenance fees as of Closing. The revised Exhibit E shall be incorporated into the Agreement. Exhibit E reflects that one
due-and-payable maintenance fee which should have been paid prior to Closing is unpaid as of Closing, and those funds will be withheld from the final payment made by Purchaser to Seller. 

  

	 	3.	Paragraph 3.4 is hereby amended to read, in its entirety: 

 “Payment. At Closing, Purchaser will pay to Seller’s agent’s account, as designated by Seller in writing to Purchaser prior to Closing, the amount of Five Hundred and Thirty Four Thousand One Hundred U.S. Dollars (US
$534,100.00) as an administrative convenience; such payment is received in that account on behalf of Seller. Such payment shall fully satisfy all payment obligations under this Agreement to Seller. Seller shall be fully responsible for, and
Purchaser shall not be liable to Seller or any other person or entity for any dispute regarding, allocation of payment made under this Agreement. Purchaser may record the Executed Assignments with the applicable patent offices only on or after
Closing and full payment to Seller’s agent’s account, as set forth above, of the full amount set forth in this paragraph 3.4.” 
  

	 	4.	This Amendment is effective as of the Effective Date, and no amendment or waiver of the Agreement other than that explicitly set forth herein shall be inferred, and the terms and
conditions of this Amendment shall be governed by 

 [remainder of page left blank] 

	 	 	and fully incorporated into the Agreement. The parties acknowledge and reaffirm all of the terms and conditions of the Agreement. 

 In witness whereof, the parties have executed this Patent Purchase Agreement as of the Effective Date. 
  

									
	LICENSOR:	 		 	LICENSEE:
			
	PATH 1 NETWORK TECHNOLOGIES, INC.	 		 	GREAT LINKS G.B. LIMITED LIABILITY COMPANY
					
	By:	 	 /s/ Lester S. Briney
	 		 	By:	 	  

	Name:	 	Lester S. Briney	 		 	Name:	 	  

	Title:	 	VP of Engineering & Operations	 		 	Title:	 	  

	Date:	 	December 20, 2006	 		 	Date:	 	  

  

					
	State of California, County of San Diego Subscribed and sworn to (or affirmed) before me on this 20th day of December, 2006 by Lester S. Briney personally known to me or proved to me on the basis of satisfactory evidence to be the person(s) who appeared before
me.	  	
			
	Signature:	  	 /s/ Angel Pado Antonio
	  	

 

 

 Exhibit E, revised 
 MAINTENANCE FEE AND ANNUITY PAYMENT DEADLINES 
 Maintenance Fee due by 2007 (Fees are
estimates based on “Small Entity” status – Fees are subject to fluctuations occurring in the Consumer Price Index pursuant to 35 U.S.C. 41(f).) 
  

	 	a.	6,141,355 – 8th year fee due 10/31/2007
($1,150) 

  

	 	b.	6,751,231 – 4th year fees due 06/15/2007
($900) 

  

	 	c.	6,661,804 – 4th year fees due 12/09/2006
($900) – unpaid as of Closing, this amount shall be offset against Purchase Price 

  

	 	d.	6,704,329 – 4th year fees due 03/09/2007
($900) 

  

					
	 Patent or Application No.
	 	 Reel/Frame
	 	 *Maintenance Fee Due

	 6,141,355
 (09/222,183)
	 	 009882/0542
  
 Assignors:
 Palmer, Douglas A.;
 Fellman, Ronald D.;
 Cruz, Rene L.
  
 Assignee:
 Path 1 Network Technologies, Inc.
 Suite 230
 9339 Genesee Avenue
 San Diego, California 92121
	 	 According to PTO’s PAIR, No Fees Due Currently.
  
 8th year fee due 10/31/2007
($1,150)
  
 12th year fee due 10/31/2011 ($1,900)

			
	 6,215,797
 09/136,706)
	 	 010195/0851
  
 Assignors:
 Fellman, Ronald D.;
 Cruz, Rene L.
  
 Assignee:
 Path 1 Network Technologies, Inc.
 9339 Genesee Avenue,
 Suite 230 San Diego, California 92121
	 	 According to PTO’s PAIR, No Fees Due Currently.
  
 8th year fee due 04/10/2008 ($1,150)
  
 12th year fee due 04/10/2012 ($1,900)

			
	 6,246,702
 (09/224,577)
	 	 009775/0373
  
 Fellman, Ronald D.;
 Cruz, Rene L.; Palmer, Douglas A.
  
 Assignee:
	 	 According to PTO’s PAIR, No Fees Due Currently.
  
 8th year fee due 06/12/2008 ($1,150)
  
 12th year fee due 06/12/2012

 Exhibit E, revised 
  

					
	 Patent or Application No.
	 	 Reel/Frame
	 	 *Maintenance Fee Due

		 	 Path 1 Network Technologies, Inc.
 9339 Genesee Avenue,
Suite 230
 San Diego, California 92121
	 	($1,900)
			
	 6,751,231
 (09/761,207)
	 	 018323/0150
  
 Assignors:
 Fellman, Ronald D. and
 Cruz, Rene L.
  
 Assignee:
 Path 1 Network Technologies, Inc.
 9339 Genesee Avenue, Suite 230

San Diego, California 92121
	 	 According to PTO’s PAIR, No Fees Due Currently.
  
 4th year fees due 06/15/2007
($900)
  
 8th year fee due 06/15/2011 ($1,150)
  
 12th year fee due 06/15/2015 ($1,900)

			
	 6,661,804
 (09/764,779)
	 	 018323/0157
  
 Assignors:
 Fellman, Ronald D.;
 Cruz, Rene L.; and Palmer,
 Douglas A.
  
 Assignee:
 Path 1 Network Technologies, Inc.
 9339 Genesee Avenue, Suite 230
 San Diego, California 92121
	 	 According to PTO’s PAIR, No Fees Due Currently.
  
 4th year fees due 12/09/2006
($900)
  
 8th year fee due 12/09/2010 ($1,150)
  
 12th year fee due 12/09/2014 ($1,900)

			
	10/688,787	 	 014478/0436
  
 Assignors:
 Fellman, Ronald D.;
 Cruz, Rene L.; Palmer, Douglas
 A.; Schade, Bart
  
 Assignee:
 Path 1 Network Technologies, Inc.
 9339 Genesee Avenue, Suite 230
 San Diego, California 92121
	 	10/17/2003 filing date
			
	 6,704,329
 (10/141,630)
	 	 013185/0842
  
 Assignors:
 Martin, G. J.
  
 Assignee:
 Path 1 Network Technologies, Inc.
 9339 Genesee Avenue, Suite 230
 San Diego, California 92121
	 	 According to PTO’s PAIR, No Fees Due Currently.
  
 4th year fees due 03/09/2007
($900)
  
 8th year fee due 03/09/2011 ($1,150)
  
 12th year fee due 03/09/2015 ($1,900)Assignment letter dated December 20, 2006

 Exhibit 10.2 
  

			
	

	 	 Path 1 Network Technologies Inc.
 6215 Ferris Square, Suite 140
 San Diego, CA 92121
  
 Phone 858.450.4220
 Fax 858.450.4203
 www.path1.com

 Path 1 Network Technologies, Inc. (“Path1”) has conducted a good faith search of files and documents in
their possession or control, and has provided to Great Links G.B. Limited Liability Company (“GreatLinks”) all original inventor assignments and ribbon patents and patent certificates in its possession or control (except for those
indicated below), and does not knowingly retain any original documents described in the Patent Purchase Agreement entered into by and between Path1 and GreatLinks on November 17, 2006. 
 In the event any of the following original documents are located or discovered by Path1 to be in its possession or control, Path1 will immediately notify GreatLinks and
forward the original documents to the notice address specified in the Patent Purchase Agreement: 
 Inventor assignment of 09/222,183
(6,141,355) from Palmer, Fellman, Cruz to Path 1 
 Network Technologies, Inc. as recorded at 009882/0542 on
March 29, 1999 
 Inventor confirmatory assignment of 09/136,706 (6,215,797) from Fellman, Cruz to Path 
 1 Network Technologies, Inc. as recorded at 010195/0851 on August 26, 1999 
 Inventor assignment of 09/224,577 (6,246,702) from Fellman, Cruz, Palmer to Path 1 
 Network Technologies, lnc. as recorded at 009775/0373 on February 22, 1999 
 Inventor assignment of 10/688,787 from Fellman, Cruz, Palmer, Schade to Path 1 
 Network Technologies, Inc. as recorded at 014478/0436 on March 30, 2004 
 Inventor assignment of 10/141,630 (6,704,329) from Martin to Path 1 Network 
 Technologies, Inc. as recorded at 013185/0842 on August 12, 2002 
 EXECUTED on this 20th day of December, 2006. 
  

									
	PATH 1 NETWORK TECHNOLOGIES, INC.	 		 		 	
					
	By:	 	 /s/ Lester S. Briney
	 		 		 	(notary)
	Name:	 	Lester S. Briney	 		 		 	
	Its:	 	VP of Engineering & Operations	 		 		 	

  

							
	

	  		  	State of California, County of SAN DIEGO Subscribed and sworn to (or affirmed) before me on this 20th day of December, 2006 by LESTER S. BRINEY personally known to me or proved to me on the basis of satisfactory evidence to be the person(s) who appeared before
me.
				
		  		  	Signature:	  	 /s/ Angel Pado AntonioOffer Letter

 Exhibit 10.1 
 

 
 December 14, 2006 
 VIA
EMAIL 
 Stewart Halpern 
 448 West 37th Street, Apt. 9E

 New York, NY 10018 
 stewartahalpern@yahoo.com

  

	 	Re:	Offer of Employment at Mad Catz Interactive, Inc. 

  

			
	 Dear Stewart:
  
 Mad Catz Interactive, Inc. and Mad Catz, Inc. (collectively “Mad Catz”) is pleased to offer you the position of Chief Financial Officer reporting directly to Darren Richardson, President & Chief
Executive Officer.
  
 Compensation
  
 You will be compensated with a salary payable every two weeks in the amount of $225,000.00
annualized. Note that all compensation is subject to normal withholdings. You are an exempt employee.
  
 In addition, on your start date, Mad Catz will provide you with a relocation allowance of $25,000.00 less federal, state, local and FICA taxes and other applicable withholdings. The relocation allowance amount is
intended for you to use at your discretion for any relocation expenses that you may incur. Should you give notice of your intent to terminate your employment with Mad Catz or be terminated with cause prior to 12 months from your start date, you will
be obligated to refund a pro-rata amount of these expenses to Mad Catz upon termination. This amount will be deducted from your final paycheck and/or any outstanding PTO balance you may have accrued, but not used. Your acceptance of this offer
indicates your acceptance of this provision and your permission to perform this deduction.
  
 You will be eligible for a bonus of up to ten percent (10%) of your base salary following the successful completion of your ninety (90) day Introductory Period. You shall be included in any bonus plan adopted by the Compensation
Committee for senior executives.
  
 Your first ninety (90) days of employment with
Mad Catz are considered an Introductory Period. At the end of your Introductory Period, you may receive a review by the CEO. If the CEO does not contact you regarding your review, it is your responsibility to contact him. Completion of the
Introductory Period does not guarantee continued employment at Mad Catz, nor does it alter your status as an at-will employee. On your start date, you will be issued 120,000 stock options that shall be approved prior to your start date in accordance
with the Company’s policies and procedures. Following the successful completion of your Introductory Period, you will be issued an additional 100,000 stock options in line with the Company’s policies and procedures. As set forth above, the
options will vest in accordance with Mad Catz’ Stock Option Plan and/or according to the discretion of the Board of Directors. In the event
	  	

 

 

 

 
  

			
	 you are terminated without cause, all unvested options shall immediately vest and you will have ninety (90) days to exercise such options before
they expire.
  
 Policies and Benefits
  
 As an employee of Mad Catz, you will be provided with a copy of the Mad Catz Employee Manual and
insurance booklets, which outline our personnel policies and benefits programs. We are extremely proud of the Mad Catz benefits package and hope you will take the time to review this feature rich package. You are eligible for benefits described
therein on the first day of the month following your first thirty (30) days of employment. Any questions regarding Mad Catz’ policies, benefits administration or eligibility, should be directed to Human Resources.
  
 At-Will Employment
  
 If you choose to accept this offer, please understand your employment is “at-will.” As an
at-will employee you agree and understand that you or Mad Catz can terminate the employment relationship at any time, for any reason. Your at-will status cannot be modified by oral agreement; any modification to your at-will status must be in
writing.
  
 Confidentiality and Authorization to Work
  
 As a condition of employment, you will be required to sign an Agreement Relating to Employee
Confidentiality, Non-Disclosure and Assignment of Inventions, Patents, Ideas and Discoveries. You should also note that you will be required to show proof of citizenship, permanent residency in the U.S., or authorization to work in the U.S. within
three business days of your date of hire.
  
 Reference Check
  
 This offer is made subject to satisfactory reference checks from previous employers.
  
 Acceptance
  
 To indicate your acceptance of this offer, please sign below and return this letter to Mad Catz by Wednesday, December 20, 2006. If you accept this offer, your start
date will be January 15, 2007. This letter along with the Mad Catz Employee Manual which you will receive at the start of employment and your formal employment contract, set forth the terms of your employment.
	  	

 

 

 

 
 Welcome to Mad Catz. We hope you agree that you have a great contribution to make to the industry by way of Mad Catz, and that
you will find working here a rewarding experience. 
  

	
	Very truly yours,
	
	/s/ DARREN RICHARDSON
	 Darren Richardson
 President & Chief
Executive Officer

 Agreed to and Accepted by: 

					
			
	/s/ STEWART HALPERN	 		 	12/20/2006
	Stewart Halpern	 		 	Date

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