Amendment to Stock Option Agreement between Path 1 Network Technologies Inc. and Dr. Moshe Nazarathy

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment modifies the stock option agreement between Path 1 Network Technologies Inc. and Dr. Moshe Nazarathy. It allows Dr. Nazarathy, who ended his service with the company on September 1, 2004, to exercise all his stock options at any time up to September 1, 2005. The amendment is agreed to by both Dr. Nazarathy and the company's Board of Directors.

Read More Arrow
EX-10.73 10 dex1073.htm SILVERWOOD PARTNERS LLC ENGAGEMENT LETTER Silverwood Partners LLC engagement letter

Exhibit 10.73

 

AMENDMENT TO TERMS OF STOCK OPTION AGREEMENT

 

Amendment to terms of Stock Option Agreement regarding exercise of options following cessation of service:

 

The terms of the Stock Option Agreement relating to the grant to Dr. Moshe Nazarathy of a stock option to purchase up to 16,667 shares of the common stock of Path 1 Network Technologies Inc. (the “Company”) are hereby amended to provide that, following cessation of Dr. Nazarathy’s service to the Company (which cessation was effective September 1, 2004), Dr. Nazarathy may exercise, at any time on or prior to September 1, 2005, all Company stock options held by him at the time of such cessation of service.

 

September 4, 2004

 

AGREED        
/S/    DR. MOSHE NAZARATHY           /S/    JOHN R. ZAVOLI,
Dr. Moshe Nazarathy          

John R. Zavoli, on behalf of the

Company’s Board of Directors