Exhibit
10.20

AMENDMENT TO LEASE

THIS AMENDMENT TO LEASE (the amendment) is made as of the 30th day of November
2005 by and between MICHIGAN PLAZA LLC, a Delaware limited liability company
(hereinafter referred to as "Landlord") and TALK AMERICA INC., a Pennsylvania
corporation (hereinafter referred to as "Tenant");

WITNESSETH:

WHEREAS, Landlord's predecessor-in-interest (BTS Owners LLC) and Tenant entered
into a Lease dated as of July 1, 2003 the lease) pursuant to which Tenant is
leasing 4,753 square feet of Rentable area on the 42nd floor (the Existing
Premises) of the building (the Building) located at 205 North Michigan Avenue,
Chicago, Illinois; capitalized terms not specifically defined herein shall have
the meaning ascribed to such terms in the Lease; and

WHEREAS, Tenant wishes to expand the leased premises and extend the Term of the
Lease and Landlord desires to accommodate Tenant;

NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Landlord and Tennant agree as follows:

1. Extension of Initial Term. The term of the Lease is hereby extended to August
31, 2009 and accordingly the defined term "Termination Date" as used in the
Lease in amended to be August 31, 2009.

2. Additional Premises. As of February 1, 2006 (the "Effective date") Landlord
hereby leases to Tennant and Tennant hereby accepts from Landlord the 1,460
square feet of Rentabel Area on the 42nd floor of the Building depicted on
Exhibit A attached hereto and made apart hereof (them "Additional Premises") for
a term commencing on the Effective Date and terminating on the Termination date.
From and after the Effective Date the Premises shall consist of both the
Existing Premises and the Additional Premises, constituting 6,213 square feet of
Rentable Area in the aggregate. From and after the effective date, all
references to the Premises ion the lease shall be deemed to refer to the
Existing Premises and the Additional Premises.

--------------------------------------------------------------------------------

3. Possession of the Additional Premises.

a. Possession of the Additional Premises shall be tendered to Tenant by Landlord
in their "as-is" condition upon full execution of this Amendment. The Tenant's
taking possession of any portion of the Additional Premises shall be conclusive
evidence that such portion of the Additional Premises was in good order and
satisfactory condition when the Tenant took possession. NO promise of the
Landlord to construct, alter, remodel or improve the Premises or the Building
and no representation by Landlord or its Agents respecting the condition of the
Additional Premises have been made to Tenant or relied upon by Tenant other than
as may be contained in this Amendment to the Lease.

b. Tenant shall perform any construction or renovations in the Additional
Premises in accordance with the terms of the Tenant Work Letter attached to the
Lease as is such Tenant Work Letter were attached to this Amendment and
incorporated herein, except that the Allowance shall be $51,100.00 rather than
the amount set forth in the Tenant Work letter. In addition, Landlord will pay
Gastinger Walker Harden Architects up to $116.80 for the preparation of a
preliminary space plan and $58.40 for one revision thereto. Tenant may allocate
up to $7300.00 of any unused portion of the Allowance to the next Rent due under
the Lease for the Additional Premises. Notwithstanding anything herein or in the
Lease to the contrary, Tenant shall cause the electricity for the Additional
Premises to be metered together with the electricity for the Existing Premises.

c. Tenant's obligation to pay Rent for the Additional premises shall commence on
the Effective date even if Tenant's work (as defined in the Tenant Work letter)
shall not be completed. Under no circumstances shall the occurrence of any of
the events described in this Section 3 be deemed to accelerate or defer the
Termination Date. If Tenant takes possession of any portion of the Additional
Premises prior to the effective date, such possession shall be pursuant to all
of the terms, covenants and conditions of the Lease, excluding the obligation to
pay Base Rent and Additional Rent for the Additional Premises.

4. Rent. Schedule 1 to the lease shall be superseded by Schedule 1 attached
hereto and made a part hereof. As of the Effective Date, Tenant's Proportionate
Share for purposes of determining for purposes of determining taxes and
operating expenses payable by tenant under the Lease shall be 0.639% (rater than
0.489%). Provided Tenant is not in default under the Lease and subject to the
terms of Section 22 of the Lease, the two (2) monthly installments of Base Rent
and Additional Rent for February, 2006 and March 2006 for the Existing premises
(and only the Existing premises) shall be abated in full and not payable by
Tenant.

5. Miscellaneous. The preambles to this Amendment are incorporated into the body
of this Amendment as if restated herein.

6. Governing Law. Interpretation of this Amendment shall be governed by the laws
of the state of Illinois.

--------------------------------------------------------------------------------

7.  No Other Consideration. The mutual obligations of the parties as provided
herein are the sole consideration for this Amendment and no representations,
promises or inducements have been made by the parties other than as appear in
this Amendment. This Amendment may not be amended except in writing signed by
both Parties.

8.  Brokers. Tenant represents And warrants to Landlord that neither it nor its
officers or agents nor anyone acting on its behalf has dealt with any real
estate broker, other than MB real estate services LLC ("MB") and The John Buck
Company ("Buck") in the negotiation or making of this Amendment, and Tenant
agrees to indemnify and hold harmless Landlord from any and all claims,
liability, costs and expenses (including attorney fees) incurred as a result of
any inaccuracy in the foregoing representation and warranty. Landlord represents
and warrants to Tenant that neither it nor its officers or agents nor anyone
acting on its behalf has dealt with any real estate broker, other than MB and
buck, in the negotiation or making of this Amendment and Landlord agrees to
indemnify and hold harmless Tenant from any and all claims, liability, costs and
expenses (including attorneys' fees) incurred as a result of any inaccuracy in
the foregoing representation and warranty. Landlord shall pay all of the
commissions due to MB and Buck.

9. Full Force and Effect. Except as modified herein the lease is hereby ratified
and confirmed and the terms, covenants, conditions and agreements therein
contained remain in full force and effect.

IN WITNESS WHEREOF, the parties executed this Amendment as of the day and year
first written above.

LANDLORD
MICHIGAN PLAZA LLC, a Delaware limited liability company
By: /s/ Alan Gordon
Name: Alan Gordon
Title: Vice President
 
Talk America Inc.
By: /s/ Aloysius T. Lawn IV
Name: Aloysius T. Lawn IV
Title: EVP - General Counsel

--------------------------------------------------------------------------------

EXHIBIT A
ADDITIONAL PREMISES

 

--------------------------------------------------------------------------------

SCHEDULE 1
BASE RENT
Existing Premises (4,753 rentable square feet)
Period
Annual Per Square Foot Base Rate
Monthly Base Rate
Annual Base Rent
Rent Commencement Date - May 31, 2004
$17.25
$1,765.25
$21,183.00
June 1,2004 -May 31, 2004
$17.25
$7,030.48
$84,365.75
June 1, 2005 -May 31, 2006
$18.25
$7,228.52
$84,365.75
June 1, 2006 - may 31, 2007
$18.75
$7,426.56
$89118.75
June 1, 2007 - May 31, 2008
16.00
6337.33
76048.00
June 1, 2008 - May 31, 2009
16.50
6,535.38
78,424.50
June 1, 2009 - August 31, 2009
17.00
6,733.42
80,801.00

 
BASE RENT

Additional Premises (1,460 square feet)

Period
Annual Per Square Foot Base Rate
Monthly Base Rate
Annual Base Rent
February 1, 2006 - May 31, 2006
$15.00
$1,825.00
$21,900.00
June 1,2006 -May 31, 2007
$15.50
$1,885.83
$22,630.00
June 1, 2007 -May 31, 2008
$16.00
$1,946.67
$23,360.00
June 1, 2008 - may 31, 2009
$16.50
$2,007.50
$24,090.00
June 1, 2009- August 1, 2009
17.00
2068.33
24820.00