EXHIBIT 10.19 PRODUCT DEVELOPMENT AGREEMENT BETWEEN PATH 1 NETWORK TECHNOLOGIES INC.Product Development Agreement • March 29th, 2001 • Path 1 Network Technologies Inc • Services-business services, nec • Illinois
RECITALSEmployment Agreement • March 29th, 2001 • Path 1 Network Technologies Inc • Services-business services, nec • California
Stock Bonus: Grant stock options on 150,000 shares of Class B Common Stock with an exercise price of US$4.35 per share if you meet certain performance criteria established by CEO, vesting to be based on the company attaining a US$400 million market...Path 1 Network Technologies Inc • March 29th, 2001 • Services-business services, nec
Path 1 Network Technologies, Inc. is dedicated to providing advanced, internet protocol based, network technology to its worldwide markets. As a small, growing company, we highly value the professional competence and personal commitment of each member of our team. We believe that your capabilities and professional aspirations match Path 1's needs and high expectations. I am therefore pleased to present you with the following offer of employment.
