Document:

Separation Agreement between Catherine Hunt Rundle and the Company

 Exhibit 10.24 
 May 4, 2007 
 Hand Delivered 
 Personal and Confidential 
 Catherine Hunt Rundle 
  

	 	Re:	Separation Agreement 

 Dear Kate: 
 This letter sets forth our mutual agreement (the “Agreement”) with respect to the terms of your transition from employment with MIPS Technologies, Inc.
(“MIPS Technologies” or “Company”), and upon your signature, constitutes the Agreement between you and MIPS Technologies relating to this separation. Accordingly, it is understood and agreed as follows: 
 1. (a) You will resign any position you may hold as an employee, officer or director of the Company or of any subsidiary or affiliate of the Company. In this regard, you
agree to execute documents evidencing such resignations as are required by local laws and as reasonably requested by the Company. 
 (b) You
agree to continue employment with MIPS Technologies until May 18, 2007 (the “Separation Date”), and to continue to perform fully your responsibilities to the Company during that period. The Company shall provide to you, subject to all
customary withholdings, your salary through and including the Separation Date. 
 (c) On the Separation Date, the Company will pay your
vacation balance that has accrued through and including the Separation Date, if any. You will not be eligible for any payment under the FY07 Executive Bonus Plan or any other Company Bonus Plan. 
 2. In order to assist you in making this transition and in consideration of your execution of and compliance with the terms of this Agreement, the Company shall provide
to you, subject to all customary withholdings, a lump sum payment of six months of salary (the “Separation Payment”) based on your current rate of pay, subject to all customary withholdings. Depending upon when you sign this Agreement, you
will receive the payment provided in this Section 2 and in Section 3 below between eight (8) and fourteen (14) days after you return an executed original of this Agreement or on your Separation Date, whichever is later.

 3. You and your eligible dependents currently enrolled, will continue to be eligible for Company benefits through the end of the month of the Separation
Date. The Company will also provide to you the full cost of the COBRA premium for the six months thereafter. It is understood and agreed that you will be responsible for election and payment of any COBRA 

 May 4, 2007 
 Page 2

  

 
benefit continuation after your Separation Date. You will receive separate information regarding your rights to continue your health coverage through COBRA.

 4. Effective on your Separation Date your site access privileges will end and your services will no longer be required. On or before your Separation Date,
you will attend an exit interview with Human Resources and you shall return all confidential and/or proprietary information of the Company in your possession, access card keys, identification badges and any Company equipment loaned to you. You also
agree to sign and comply with the Employment Termination Certificate, attached hereto as Exhibit A. 
 5. If you choose not to sign this Agreement, you
understand that no Separation Payment as provided in Section 2 and no payment for COBRA premiums as provided in Section 3 will be due to you after the Separation Date. 
 6. Other than the items set forth herein and other than any and all rights you may have under the Company 401(k) and stock plans, under its insurance plans for directors and officers, and under your indemnification
agreement with the Company, you have no expectation of, and shall make no other claims for payment, benefits or any other compensation from MIPS Technologies. You acknowledge that the Separation Payment provided herein is in addition to wages and
other compensation or benefits due for the period prior to the Separation Date, and is provided in consideration of the release of all claims provided by you herein. 
 7. You represent that you do not have pending against the Company or any employee, agent, official, or director of the Company any claim, charge, or action in or within any federal, state, or local court or
administrative agency. And, further you agree, to the extent necessary to effectuate the provisions of this Agreement, within seven (7) days after the execution of this Agreement, to cause to be dismissed, withdrawn or discontinued all
complaints or proceedings instituted by you against the Company with any state or federal administrative agency or judicial body, with copies of relevant documents delivered to the Company within the same time period. 
 8. The Company represents that other than the consolidated derivative litigation titled In re MIPS Technologies, Inc. Derivative Litigation, it has no knowledge
of any such claim, charge or action having been filed or intended to be file against you, nor does it know of any hearing, inquiry or investigation relating to you. 
 9. The Company agrees that to the best of its knowledge your separation from the Company will not alter the terms of the Fenwick & West engagement letter of March 5, 1007 relating to the In re MIPS
Technologies, Inc. Derivative Litigation, as that letter applies to you and that the representation of you will continue under the terms described in the letter. You agree, on behalf of yourself and your successors, heirs, assigns, attorneys,
agents, and representatives, and each of them, to unconditionally and forever release, and discharge MIPS Technologies and its subsidiaries, officers, directors, employees, attorneys, agents, successors, assigns and representatives, and each of
them, of and from any and all debts, 

 May 4, 2007 
 Page 3

  

 
claims, liabilities, demands and causes of action of every kind, nature and description, including but not limited to, any claim under federal, state or
local employment discrimination law (excepting any claims based on the Federal Age Discrimination in Employment Act which are specifically covered in Section 10 herein) or other law which you may have or could assert against MIPS Technologies
as of the date of your signing of this Agreement. 
 10. It is further understood and agreed that as part of the consideration and inducement for the
execution of this Agreement, you specifically waive the provisions of section 1542 of the California Civil Code, which reads as follows: 
 “A GENERAL
RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.”

 Notwithstanding the provisions of section 1542, and for the purpose of implementing a full and complete release and discharge of MIPS Technologies, you
expressly acknowledge that this Agreement is intended to include in its effect, without limitation, all the claims described herein, whether known or unknown, and that this Agreement contemplates the extinction of any and all such claims, including
claims for attorneys’ fees. The release in Sections 9, 10 and 11 herein does not extend to those rights which as a matter of law cannot be waived, including but not limited to unwaivable rights you may have under the California Labor Code and
any and all other rights of indemnity which you may have, under statute, contract, or otherwise, the Company and you acknowledging that the Indemnification Agreement of February 21, 2006, between you and the Company, shall continue in full
force and effect notwithstanding the release herein. Also excepted from this release are your rights under the Company’s 401(k) and stock plans, and its directors’ and officers’ insurance plans. 
 11. (a) In addition to the general and specific release and waiver of claims contained above, you specifically waive any rights or claims you may have under the Age
Discrimination in Employment Act (“ADEA”). 
 (b) By your agreement to this waiver and release, you waive all rights and any claims
you may have at the time of the execution of this Agreement against the Company, its directors, officers, employees or successors based on the ADEA. 
 (c) You have up to twenty-one (21) days from receipt of this Agreement to accept the terms of this Section 11 by signing and returning an executed original of this Agreement to the Company, although you may
accept it at any time within those twenty-one (21) days. You are advised to consult with your own personal legal counsel should you have any questions about the Agreement. 
 The provisions of this Section 11 will not become effective or enforceable until seven (7) days following the date you sign and return it. During that seven (7) day period, you may 

 May 4, 2007 
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rescind the Agreement by notifying me or my designee, in writing, that you no longer wish to enter into the Agreement, in which event the Company shall have
seven (7) days to rescind this Agreement. If you do not rescind this Agreement, the eighth day after the date of your acceptance will be the “effective date” of the provisions of Section 11 of this Agreement. 
 12. You acknowledge that, because of your position with the Company, you have specific knowledge of many types of information which is proprietary to the Company,
including without limitation, its current and planned technology; it’s current and planned corporate strategies; strategic customers and business partners; and the identify, skills and interests of its employees. You agree to keep and treat all
such proprietary information as confidential in accordance with your obligations to MIPS Technologies under the Confidential Information and Inventions Agreement signed by you, wherein you agreed to keep and treat all proprietary information as
confidential and these obligations survive your termination of employment with MIPS Technologies. 
 13. You agree that from the date of this Agreement
through the twelve-month period following the Separation Date, you shall not directly or indirectly solicit or influence any person in the employment of the Company or an affiliated entity to (i) terminate such employment, or (ii) accept
employment or enter into any consulting arrangement with any entity other than the Company or any affiliated entity. In addition, for the twelve-month period following the Separation Date, you shall not directly or indirectly interfere with the
customers, suppliers, clients or business of the Company or any affiliated entity in any manner. 
 14 All prior agreements, understandings, oral agreements
and writings relating to this matter are expressly superseded hereby and are of no further force and effect. 
 15. The above provisions are severable. If a
court of competent jurisdiction rules that any provision of this Agreement is invalid or unenforceable, the court’s ruling will not affect the validity and enforceability of the other provisions of this Agreement. 
 16. You declare and represent that no promise, inducement or other agreement not expressly contained in this Agreement or referred to in this Agreement, has been made
conferring any benefit upon you; and that this Agreement contains the entire agreement between the parties with respect to any benefit conferred upon you. 

 May 4, 2007 
 Page 5

  

 17. This Agreement is entered into and governed by the laws of the State of California. 
 To accept this Agreement, please sign and date this Agreement at the designated place below and return it to me. 
 We wish you much success in your future endeavors. 
 Sincerely, 
 /s/ SANDY CREIGHTON 
 Sandy Creighton 
 VP Human Resources & Corporate Administration 
  
 By signing this
Agreement, I acknowledge that I have had the opportunity to review this Agreement carefully; that I understand the terms of the Agreement; and I voluntarily agree to them. 
  

			
		
	Signature:  	 	/S/ CATHERIN HUNT RUNDLE
		 	Catherine Hunt Rundle
		
	Date:	 	5-4-07
		 	

 EXHIBIT A 
 EMPLOYMENT TERMINATION CERTIFICATE 
 I, Catherine Hunt Rundle, hereby certify that as part of my separation from MIPS
Technologies, Inc. and/or its subsidiaries, branch offices, affiliates, successors or assigns (collectively, “MIPS”), I have been reminded of my ongoing obligation to MIPS to avoid work which conflicts with my continuing obligations to
MIPS, including obligations to (1) not disclose confidential information of MIPS and (2) not to use such confidential information except for the benefit of MIPS. I further certify that I have returned all materials, including (but not
limited to) documents (in any form, such as paper or electronic) devices, records, data, notes, reports, proposals, agreements (in draft and final form), lists, correspondence, specifications, drawings, blueprints, and/or reproductions of any such
items, belonging to MIPS, licensed to MIPS and/or received from MIPS, including (but not limited to) all materials prepared by me during the course of my employment by MIPS. I acknowledge that I am not authorized to remove any such materials
(including copies) or other property from MIPS’ premises. 
 I further certify that I have complied with all the terms of the Confidential Information
and Inventions Agreement signed by me and dated February 21, 2006, including the reporting of any inventions, conceived or made by me (solely or jointly with others) covered by that agreement. In the event there is any conflict between this
Employment Termination Certificate and the Confidential Information and Inventions Disclosure Agreement and the Separation Agreement entered on May 4, 2007, the terms of the Confidential Information and Inventions Disclosure Agreement and the
Separation Agreement shall control. 
 I further agree that I will comply with all of the terms of the Confidential Information and Inventions Agreement
including, but not limited to, holding in strictest confidence any confidential information of MIPS. I will preserve as confidential all trade secrets of MIPS, including (but not limited to) all confidential products, processes, know-how, designs,
formulas, developmental or experimental work, computer programs, databases, other original works of authorship, employee and customer lists, business plans, financial or organizational information or other subject matter pertaining to any business
of MIPS or any of its clients, customers, consultants or licensees. I further acknowledge that information regarding MIPS employees including without limitation organizational charts, employee compensation and other benefits offered to employees
constitute valuable trade secrets of MIPS, and that use of such would constitute a violation of MIPS’ rights, which rights survive my termination of employment. 
 I understand that courts have classified employees and their identities as valuable corporate assets and in the same category as confidential privileged information. Accordingly, I have an obligation not to use or
disclose to others the names of MIPS employees for recruitment purposes or to use my special knowledge of organization structure, employee capabilities or identities for such purposes. I agree that, for twelve months following the effective date of
termination of my employment with MIPS, I will not directly or indirectly solicit, induce, recruit, hire or encourage any of the employees of MIPS to leave their employment either for employment by myself or by any other person or entity.

 BY MY SIGNATURE BELOW, I ACKNOWLEDGE THAT I HAVE READ AND UNDERSTAND THIS EMPLOYMENT TERMINATION CERTIFICATE. 
  

							
				
	Catherine Hunt Rundle	 		 	 	 	 
	Employee Name	 		 		 	
		 		 		 	
				
	/s/    CATHERINE HUNT RUNDLE	 		 	May 17, 2007	 	 
	Employee Signature	 		 	Date	 	
				
	WITNESS:	 		 		 	
				
	/s/    TRISH LEEPER	 		 	May 17, 2007	 	 
		 		 	Date	 	

  

			
		
	Name (Print):  	 	TRISH LEEPERCompromise Settlement and Mutual Release Agreement

 Exhibit 10.1 
 COMPROMISE SETTLEMENT AND MUTUAL RELEASE AGREEMENT 
 This Compromise Settlement and Mutual
Release Agreement (“Agreement”) is dated this 19th day of July, 2007 (“Effective Date”), by and between the following parties (the “Parties”) upon the terms and conditions stated herein: 
  

	 	 •
	 	 Path 1 Network Technologies, Inc. (“Path 1”);1 

  

	 	 •
	 	 Gryphon Master Fund, L.P. (“GMF”);2 and 

  

	 	 •
	 	 GSSF Master Fund, LP (“GSSF”);3 

 RECITALS 
 WHEREAS, on or about January 17, 2007, GMF and GSSF filed suit against Path 1, alleging various causes of action as alleged in Cause
No. 3:06-cv-00107-C; Gryphon Master Fund, L.P., GSSF Master Fund, LP, v. Path 1 Network Technologies, Inc.; In The United States District Court, For The Northern District Of Texas, Dallas Division (the “Lawsuit”); and

 WHEREAS, on or about February 10, 2006, Path 1 answered the Complaint denying all the allegations as alleged in the Lawsuit; and

 WHEREAS, on or about May 31, 2007 the Court granted a Temporary Restraining Order against Path 1 preventing the sale of its assets
and requiring the Plaintiff to post a $50,000 bond (“Bond”); and then on or about June 14, 2007, the Court granted the Permanent Injunction leaving in place the Bond amount (the “Injunction”); and 
  

	 1
	 Path 1, as used herein,
shall mean: Path 1 Network Technologies, Inc. (i) in all capacities in which Path 1 could have been sued or could have brought claims in the Lawsuit; and (ii) Path 1’s current and former officers, directors, employees, accountants,
managers, partners, legal representatives, attorneys, trustees, joint venturers, servants, agents, assigns, successors, predecessors, subcontractors, lenders, stockholders, all other persons or entities acting on Path 1’s behalf whether
authorized or not; and all other persons or entities, natural or corporate, in privity with them. 

	 2
	 GMF as used herein, shall mean: Gryphon Master Fund, L.P., (i) in all
capacities in which GMF could have been sued or could have brought claims in the Lawsuit; and (ii) GMF’s current and former officers, directors, employees, accountants, managers, partners, legal representatives, attorneys, trustees, joint
venturers, servants, agents, assigns, successors, predecessors, subcontractors, all other persons or entities acting on GMF’s behalf whether authorized or not; and all other persons or entities, natural or corporate, in privity with them.
“Gryphon” shall collectively mean GMF and GSSF. 

	 3
	 GSSF as used herein, shall mean: GSSF Master Fund, L.P., (i) in all
capacities in which GSSF could have been sued or could have brought claims in the Lawsuit; and (ii) GSSF’s current and former officers, directors, employees, accountants, managers, partners, legal representatives, attorneys, trustees,
joint venturers, servants, agents, assigns, successors, predecessors, subcontractors, all other persons or entities acting on GSSF’s behalf whether authorized or not; and all other persons or entities, natural or corporate, in privity with
them. “Gryphon” shall collectively mean GMF and GSSF. 

  

					
	SETTLEMENT AGREEMENT	  	Page 1	  	

 WHEREAS, the Parties hereby make a full and final settlement of all matters and all causes of action
arising out of the facts and claims as set forth above by entering into this Agreement as follows: 
 COMPROMISE SETTLEMENT AND MUTUAL
RELEASE AGREEMENT 
 For and in consideration of the promises contained herein and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: 
 1. Path 1 hereby agrees to pay Gryphon One Hundred and Fifty Thousand Dollars ($150,000.00) as partial consideration for which Gryphon agrees that all matters arising out of the Lawsuit or the Laurus Transactions4 will be, and are, finally compromised and settled. 
 2. Release by GMF and GSSF. GMF and GSSF, (collectively “Gryphon”) and anyone
claiming by, through or under Gryphon hereby irrevocably and unconditionally releases, acquits, and forever discharges Path 1, of and from any and all Claims5 and Damages6 of any kind whatsoever against Path 1 accruing prior to the Effective Date. Gryphon acknowledges and agrees that the release set
forth above is a broad, general and unconditional release that should be liberally construed and by virtue of same Gryphon does and intends to give up any and all Claims, Damages, costs, rights or remedies Gryphon may have against Path 1 accruing
prior to the Effective Date, including, but not limited to, those relating to or arising from the Lawsuit. Notwithstanding anything contained herein, this release shall not affect Gryphon’s rights as a preferred stockholder of Path 1. Gryphon
shall retain its preferred stockholdings in Path 1, and except for the obligations and covenants herein, shall retain all rights in connection with its ownership of such stock in Path 1. 
 3. Release by Path 1. Path 1 and anyone claiming by, through or under Path 1 hereby irrevocably and unconditionally releases, acquits, and forever
discharges Gryphon of and 
  

	 4
	 The term “Laurus Transactions” shall mean the Laurus Master Fund
Unlimited transactions as complained of and set forth in the Lawsuit. 

	 5
	 The term “Claims” as used herein, shall mean any and all theories of
recovery of whatsoever type or nature, whether known or unknown, accruing prior to the Effective Date, whether contingent, prospective or matured, whether arising in equity or in law, whether arising under the common law, any contract, statute or
otherwise, recognized by the law of any jurisdiction and includes, but is not limited to, causes of action, claims, debts, obligations, actions, demands, liabilities, suits, and judgments. 

	 6
	 The term “Damages” as used herein shall mean any and all elements of
relief or recovery of whatsoever nature, whether known or unknown, recognized by the law of any jurisdiction and includes, but not limited to, (i) actual damages (whether direct, consequential, coincidental or otherwise) of every description,
such as breach of contract, fraud, personal injury, emotional distress, reputational loss (i.e. libel and slander) and economic loss; (ii) any other item of loss or injury; (iii) statutory, treble, additional, multiple, penal, exemplary
and/or punitive damages; (iv) attorneys’ fees; (v) prejudgment or post-judgment or other interest; (vi) declaratory, injunctive and equitable relief; (vii) expenses; (viii) expert witness fees; and (ix) costs of
court. 

  

					
	SETTLEMENT AGREEMENT	  	Page 2	  	

 from any and all Claims and Damages of any kind whatsoever against Gryphon accruing prior to the Effective Date. Path 1
acknowledges and agrees that the release set forth above is a broad, general and unconditional release that should be liberally construed and by virtue of same Path 1 does and intends to give up any and all Claims, Damages, costs, rights or remedies
Path 1 may have against Gryphon accruing prior to the Effective Date, including, but not limited to, those relating to or arising from the Lawsuit. Said release shall include any claims or rights against the Bond. 
 4. Consent to Laurus Transactions. As part of the consideration herein, Gryphon consents, retroactively and currently, to the Path 1 – Laurus
Master Fund Unlimited transactions as complained of and set forth in the Lawsuit and arising from the Lawsuit. 
 5. Consent to Laurus
Peaceful Possession. As part of the consideration herein, Gryphon consents to Path 1 undertaking a deal with Laurus and a third party under a similar concept to the Path 1 – IP Video Networks, Inc. - Laurus Master Fund Unlimited proposed
transaction filed under a Form 8-K on or about May 8, 2007 with the SEC. 
 6. Agreed Order of Dismissal with Prejudice. In full
and final settlement and discharge of the Parties’ claims, the Parties agree to execute the Agreed Order of Dismissal with Prejudice and dissolution of the Injunction, and Release of Bond that is attached hereto as Exhibit
“A.” The Agreed Order of Dismissal with Prejudice and Dissolution of the Injunction and Release of Bond shall dismiss with prejudice any and all Claims and Damages asserted in the Lawsuit or that could have been asserted in
the Lawsuit and orders that each Party will incur their own costs, and allow Gryphon to claim their Bond. Path 1 will be responsible for submitting such Order to the Court. Should Path 1 fail to do so within seven days of execution, Gryphon shall
have the right to submit the Order to the Court. 
 7. Agreement(s) Null and Void. Any and all agreements, contracts, promises, and
representations alleged by the Parties in the Lawsuit are null and void in all respects and no Party has any obligations to any other Party regarding such alleged agreements, contracts, promises and representations. 
 8. Assignment of Claims – Gryphon. Gryphon assigns, quitclaims, and transfers in full to Path 1 any and all claims and damages against Path 1
not specifically released herein. 
 9. Assignment of Claims – Path 1. Path 1 assigns, quitclaims, and transfers in full to
Gryphon any and all claims and damages against Gryphon not specifically released herein. 
 10. Covenant Not to Sue – Gryphon.
Gryphon agrees and covenants not to sue, prosecute or assist, directly or indirectly, in suing or prosecuting Path 1 for any Claims or Damages released or assigned in this Agreement. 
 11. Covenant Not to Sue – Path 1. Path 1 agrees and covenants not to sue, prosecute or assist, directly or indirectly, in suing or
prosecuting Gryphon for any Claims or Damages released or assigned in this Agreement. 
  

					
	SETTLEMENT AGREEMENT	  	Page 3	  	

 12. Miscellaneous. The Parties hereto, by their signatures or the signatures of their authorized
representatives affixed below, do hereby warrant, represent, covenant, and promise to each other: 
  

	 	(a)	That the Parties represent and warrant to each other that no Claims or Damages released hereunder have been sold, transferred, or assigned in any form, fashion, or manner, other
than to their attorneys for representation regarding the Lawsuit and that such attorneys’ fees (by such assignment or as expressed in the Judgment) are the responsibility of the incurring party; 

  

	 	(b)	That the Parties represent and warrant to each other that they have no notice or knowledge (actual or constructive) that any other person or entity: claims an interest in the Claims
or Damages released hereunder, intends or asserts any rights to bring any Claims or Damages relating to Claims and Damages released hereunder by, through or under any Party to this Agreement; 

  

	 	(c)	That this Agreement shall be binding upon and inure to the benefit of the Parties hereto, their heirs, legal representatives, executors, administrators, successors, and assigns;

  

	 	(d)	That the terms hereof are contractual and not merely recitals and that the agreements herein contained and the consideration exchanged is to compromise doubtful and disputed claims,
avoid litigation and buy peace, and that no payments made, nor releases or other considerations given, shall be construed as an admission of liability, all liability being expressly denied; 

  

	 	(e)	That this Agreement represents the entire understanding between and among the parties hereto and that it supersedes and displaces any and all prior understandings, statements,
representations, promises, agreements or otherwise between the Parties; 

  

	 	(f)	That this Agreement can only be modified, amended or supplemented in writing executed by all Parties; 

  

	 	(g)	That the Parties freely, voluntarily, of their own free will and accord enter into this Agreement and that they have the approval and authority to enter into this Agreement;

  

	 	(h)	That this Agreement is performable in whole in the state of Texas and that venue for any dispute relating to or arising from this Agreement shall solely and exclusively lie in
Dallas County, Texas; 

  

	 	(i)	That the Parties have had an opportunity to review this instrument by and through their authorized representatives and/or agents and to have attorneys of their choice review it;

  

					
	SETTLEMENT AGREEMENT	  	Page 4	  	

	 	(j)	That in the event that any one or more provisions or terms contained in this Agreement shall be held to be invalid or unenforceable in any respect, such invalidity or
unenforceability shall not affect any other provision hereof and this Agreement shall be construed as if such invalid, illegal or unenforceable provision did not exist; 

  

	 	(k)	That the construction and terms of this Agreement shall not be construed in favor of or against any party; 

  

	 	(l)	That this Agreement may be executed in counterparts, with each counterpart deemed an original and such counterparts shall constitute a single agreement; and

  

	 	(m)	That no oral, written, express, or implied representations, statements, promises, warranties, agreements or other inducement of any nature or sort have been made by the parties to
induce any party hereto to execute this Agreement other than as is expressly set forth herein. 

  

			
	EXECUTED as of the Effective Date.
	
	AGREED:
	
	Gryphon Master Fund, L.P. (“GMF” or “Gryphon”)
		
	By:	 	 /s/ Warren W. Garden

	ITS:	 	Authorized Agent
	
	GSSF Master Fund, LP (“GSSF” or “Gryphon”)
		
	By:	 	 /s/ Warren W. Garden

	ITS:	 	Authorized Agent
	
	Path 1 Network Technologies, Inc.
		
	By:	 	 /s/ Thomas L. Tullie

		 	Thomas L. Tullie, President

  

					
	SETTLEMENT AGREEMENT	  	Page 5	  	

 ACKNOWLEDGMENT 

			
	STATE OF TEXAS	  	 §

		  	 §

	COUNTY OF DALLAS	  	 §

 BEFORE ME, the undersigned Notary Public, on this day personally appeared Warren W. Garden, who
being personally known to me or who presented a valid driver’s license for verification of his identity, the person whose name is subscribed to the foregoing Compromise Settlement and Mutual Release Agreement, and acknowledged to me that
he executed the foregoing Compromise Settlement and Mutual Release Agreement for the purposes and consideration therein expressed and as the act and deed of himself and in such capacities as defined therein. 
 Given under my hand and seal of office this 12th day of July, 2007 
  

					
		 		 	 /s/ Deirdra A. Greve

		 		 	Notary Public in and for the State of Texas
			
	My Commission Expires:	 		 	 Deirdra A. Greve

	  
 November 14, 2007
	 		 	Printed Name of Notary Public

  

					
	SETTLEMENT AGREEMENT	  	Page 6	  	

 ACKNOWLEDGMENT 

			
	STATE OF CALIFORNIA	  	 §

		  	 §

	COUNTY OF San Diego	  	 §

 BEFORE ME, the undersigned Notary Public, on this day personally appeared Tomas L. Tullie,
President of Path 1 who being personally known to me or who presented a valid driver’s license for verification of his identity, the person whose name is subscribed to the foregoing Compromise Settlement and Mutual Release Agreement, and
acknowledged to me that he executed the foregoing Compromise Settlement and Mutual Release Agreement for the purposes and consideration therein expressed and as the act and deed of himself, Tom Tullie and in such other capacities as defined
therein. 
 Given under my hand and seal of office this 19th day of July, 2007 
  

					
		 		 	 /s/ Angel Pado Antonio

		 		 	Notary Public in and for the State of California
			
	My Commission Expires:	 		 	 Angel Pado Antonio

	  
 September 16, 2010
	 		 	Printed Name of Notary Public

  

					
	SETTLEMENT AGREEMENT	  	Page 7

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