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Flint Telecom Group, Inc.
Human Resources
303 Park Ave. S., Suite 1420
New York, NY 10010

October 6, 2008

Mr. Michael Butler
_________________
Dublin 2, Ireland

Dear Michael,

We are happy to make you this offer of employment at Flint Telecom Group, Inc.
under the following terms and conditions, with a start date of October 6,
2008.  This letter supersedes any prior discussions between us concerning the
following terms and conditions.

Your job title will be Executive Vice President of Investor Relations. You will
report to Vincent Browne, CEO.  Your salary as an exempt employee will be one
hundred eighty thousand dollars ($180,000) per year, $15,000.00 to be paid
monthly in arrears, or on a more frequent basis at the discretion of Flint, and
subject to normal withholdings.

You are also entitled and shall receive an equity position in Flint in the form
of 1,500,000 shares of restricted common stock. These shares shall vest over a
four-year period, such that 25% of the shares shall vest at your one year
anniversary with the Company, and the remaining portion shall vest quarterly
thereafter, so that 100% shall be vested as of your fourth annual anniversary
with the Company.   You agree and acknowledge that none of these common shares
acquired are, and may never be, registered under the Securities Act of 1933 or
under any state securities or "blue sky" laws of any state of the United States,
and, unless so registered, may not be offered or sold in the United States or,
directly or indirectly, to U.S. Persons (as that term is defined in Regulation S
under the Securities Act of 1933), except in accordance with the provisions of
Regulation S, pursuant to an effective registration statement under the
Securities Act of 1933, or pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act of 1933 and
in each case only in accordance with applicable state and federal securities
laws.

You will accrue three weeks of paid vacation per year, 5 paid sick days per
year, and paid holidays as per the Company plan. You will be entitled to receive
additional Flint benefits made available to other employees to the full extent
of your eligibility, such as healthcare, dental and vision insurance, and in a
401k retirement program, if and when these additional benefits become available.
Subject to the receipt of appropriate back-up documentation, Flint will
reimburse you for customary, reasonable and pre-approved business expenses.  All
expenses are processed in accordance with the Company’s expense policies.

In accepting employment with Flint, you will be required to sign an Employee
Confidentiality Agreement affirming your commitment to maintain the strictest
confidence with respect to Flint’s confidential information, and to refrain from
the improper use or disclosure of any proprietary information, or trade secrets
of your former employer(s).  It is also understood and agreed that in
consideration of your employment you will devote your best efforts and full time
attention to the business of the Company.

Your offer is further contingent upon completion of Flint’s employment process,
which set forth-specific terms and conditions of your employment, and presumes
positive completion of your reference and background checks.

Flint is an "at-will" employer, conforming to the laws of the State of New York,
which means employment may be terminated by either party at any time, for any
reason. The terms and conditions set forth in the Flint employee handbook, as
well as this letter, represent the entire understanding and sole agreement
between you and Flint. No prior promises, other representations or understanding
relative to any terms or conditions of your employment are to be considered as
part of this agreement unless expressed in writing in this letter and
attachments. No one, except the CEO of Flint has authority to modify the matters
set forth here.

 
 

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Flint Telecom Group, Inc.
Human Resources
303 Park Ave. S., Suite 1420
New York, NY 10010

Arbitration:  The following claims are covered by this arbitration provision
(“Arbitrable Claims”):  any and all claims for wages or other compensation; any
and all contract or tort claims; any and all claims arising from or related to
your employment or the termination of your employment with Company; and any and
all claims for discrimination or harassment under any local, state or federal
common or statutory law, based on race, color, sex, religion, national origin,
ancestry, age, marital status, medical condition, physical or mental disability,
sexual orientation or any other protected characteristic.  You and Company agree
to settle by final and binding arbitration all such Arbitrable Claims that
Company may have against you or that you may have against Company or against any
of its related entities, or against any then current or former officer,
director, employee or agent of Company, in their capacity as such or
otherwise.  If this arbitration provision is held to be void or unenforceable
with respect to a particular claim or class of claims, that fact shall not
affect the validity or enforceability of the arbitration provisions with respect
to any other claim or class of claims.  YOU AND COMPANY ACKNOWLEDGE AND AGREE
THAT BY SIGNING THIS AGREEMENT, YOU AND COMPANY HAVE VOLUNTARILY ELECTED TO
ARBITRATE ALL ARBITRABLE CLAIMS RATHER THAN LITIGATE THEM IN A JUDICIAL FORUM
AND THAT YOU AND COMPANY ARE GIVING UP THE RIGHT TO A JURY TRIAL AND TO A TRIAL
IN A COURT OF LAW.

All Arbitrable Claims shall be settled by final and binding arbitration in
accordance with the employment dispute resolution rules of the American
Arbitration Association (“AAA”) in effect at the time the demand for arbitration
is made.  Such arbitration shall be filed with the AAA and shall be heard in New
York, NY.  The arbitrator shall apply, as applicable, federal or New York
substantive law and law of remedies.  A judgment upon any award rendered by the
arbitrator may be entered in any court having jurisdiction.  Either you or
Company may bring an action in any court of competent jurisdiction, if
necessary, to compel arbitration under this arbitration provision, to obtain
preliminary relief in support of claims to be prosecuted in arbitration or to
enforce an arbitration award.

In accordance with the requirements of the Immigration Reform and Control Act of
1896, you will be required to provide verification of your identity and legal
right to work in the United States. Flint will be asking for this documentation
on your first day of work and it must be provided no later than three (3)
business days of your date of hire.

Please sign and date this letter indicating your acceptance and start date, and
return it to Flint.  This offer of employment is valid for three working days
from the date of this letter, unless other arrangements are made.

Thank you for your confidence in Flint. We hope that you will find working here
a rewarding experience.  We look forward to having you join the Flint team.

Sincerely,

FLINT TELECOM GROUP, INC.
 
/s/ Vincent Browne

Vincent  Browne
Chief Executive Officer
 
 
 
Accepted:
 
/s/ Michael Butler
Michael Butler
 
Start Date: October 6, 2008

 
 

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