Exhibit 10.1

                         PREMIERE GLOBAL SERVICES, INC.
                               SECOND AMENDMENT TO
                    AMENDED AND RESTATED EMPLOYMENT AGREEMENT

      This Second  Amendment  to the Amended and Restated  Employment  Agreement
(the "Second Amendment") is made and entered into by and between PREMIERE GLOBAL
SERVICES, INC., a Georgia corporation (the "Company"),  and THEODORE P. SCHRAFFT
(the "Employee"), dated as of January 23, 2008.

                              BACKGROUND STATEMENT:

      WHEREAS,  the Company and the Employee  entered into that certain  Amended
and Restated  Employment  Agreement on September 15, 2006, to be effective as of
July 20, 2006,  which  agreement  was further  amended on December 21, 2007 (the
"Original Agreement"); and

      WHEREAS,  the Company and the Employee have determined that it is in their
best  interests to amend the Original  Agreement as set forth herein to increase
the Employee's annual base salary and target bonus opportunity for each calendar
year  during the term of  Employee's  employment  under the  Original  Agreement
beginning in 2008;

      NOW,  THERERFORE,  in consideration of and reliance upon the foregoing and
other good and valuable consideration, the adequacy and sufficiency of which are
hereby  acknowledged,  the Company and the  Employee  hereby  amend the Original
Agreement as follows:

      1. Section 2.1 of the Original Agreement is hereby deleted in its entirety
and amended and restated as follows:

      Section 2.1 Base Salary. Effective as of January 28, 2008, during the term
      of Employee's  employment  under this Agreement,  the Company will pay the
      Employee  an  annual  base  salary  of  five  hundred   thousand   dollars
      ($500,000.00),  payable in accordance with the Company's  standard payroll
      practices.

      2. The second sentence in Section 2.2 of the Original  Agreement is hereby
amended and restated as follows:

      Unless the Compensation Committee determines otherwise prior to the end of
      the first quarter of a given calendar  year,  the Employee's  target bonus
      for each calendar  year will be equal to one hundred fifty percent  (150%)
      of his annual base salary for such year,  with eighty percent (80%) of the
      target bonus allocated to achievement of quarterly  targets (i.e.,  twenty
      percent  (20%)  per  quarter)  and  twenty  percent  (20%)   allocated  to
      achievement of annual targets.

      3. Except as otherwise  provided  herein,  the terms and conditions of the
Original Agreement shall remain in full force and effect.


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      IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment
on the date hereof.

                                                 PREMIERE GLOBAL SERVICES, INC.

                                                 By: /s/ Boland T. Jones
                                                     ---------------------------
                                                     Boland T. Jones
                                                     Chief Executive Officer

                                                 EMPLOYEE

                                                 /s/ Theodore P. Schrafft
                                                 -------------------------------
                                                 Theodore P. Schrafft