Document:

February 28, 2002

Intercallnet, Inc. ("Company")
6340 N.W. 5th Way
Fort Lauderdale, Florida 33309

Stanford Venture Capital Holdings, Inc.
201 South Biscayne Blvd., Suite 1200
Miami, Florida 33133

Gentlemen:

         As an inducement to Stanford Venture Capital Holdings, Inc.
("Stanford") to execute the Series A Convertible Preferred Stock and Common
Stock Purchase Warrant Purchase Agreement ("Purchase Agreement"), pursuant to
which substantial funding will be provided to Intercallnet, Inc. (the
"Company"), the undersigned hereby agrees that from the date hereof and until
eighteen months thereafter (provided Stanford provides all financing required by
the terms of the Purchase Agreement), the undersigned will not offer, sell,
contract to sell, pledge or otherwise dispose of, directly or indirectly, any
shares of the Company's common stock (the "Securities") or securities
convertible into or exchangeable or exercisable for any Securities now owned or
hereafter acquired, enter into a transaction which would have the same effect,
or enter into any swap, hedge or other arrangement that transfers, in whole or
in part, any of the economic consequences of ownership of the Securities,
whether any such aforementioned transaction is to be settled by delivery of the
Securities or such other securities, in cash or otherwise, or publicly disclose
the intention to make any such offer, sale, pledge or disposition, or to enter
into any such transaction, swap, hedge or other arrangement, without, in each
case, the prior written consent of Stanford (the "Lock-Up Agreement").

         Any Securities received upon exercise of options granted to the
undersigned will also be subject to this Lock-Up Agreement. Any securities
acquired by the undersigned in the open market will not be subject to this
Lock-Up Agreement. A transfer of Securities to a family member or trust may be
made, provided the transferee agrees to be bound in writing by the terms of this
undertaking.

         In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby

<PAGE>

Intercallnet, Inc.
February 28, 2002
Page 2
authorized to decline to make any transfer of shares of Securities if such
transfer would constitute a violation or breach of this Lock-Up Agreement.

         This undertaking shall be binding on the undersigned and the
successors, heirs, personal representatives and assigns of the undersigned. This
undertaking shall lapse and become null and void if Stanford does not provide
all financing required by the terms of the Purchase Agreement. This undertaking
shall also become null and void in the event the undersigned is no longer an
officer and/or director and/or advisor and/or consultant of the Company.

                                  Very truly yours,

                                  ----------------------------------------------
                                  Signature of Security holder

                                  ----------------------------------------------
                                  Name of Security holder (please print)February 28, 2002

Intercallnet, Inc. ("Company")
6340 N.W. 5th Way
Fort Lauderdale, Florida 33309

Stanford Venture Capital Holdings, Inc.
201 South Biscayne Blvd., Suite 1200
Miami, Florida 33133

Gentlemen:

         As an inducement to Stanford Venture Capital Holdings, Inc.
("Stanford") to execute the Series A Convertible Preferred Stock and Common
Stock Purchase Warrant Purchase Agreement ("Purchase Agreement"), pursuant to
which substantial funding will be provided to Intercallnet, Inc. (the
"Company"), the undersigned hereby agrees that from the date hereof and until
eighteen months thereafter (provided Stanford provides all financing required by
the terms of the Purchase Agreement), the undersigned will not offer, sell,
contract to sell, pledge or otherwise dispose of, directly or indirectly, any
shares of the Company's common stock (the "Securities") or securities
convertible into or exchangeable or exercisable for any Securities now owned or
hereafter acquired, enter into a transaction which would have the same effect,
or enter into any swap, hedge or other arrangement that transfers, in whole or
in part, any of the economic consequences of ownership of the Securities,
whether any such aforementioned transaction is to be settled by delivery of the
Securities or such other securities, in cash or otherwise, or publicly disclose
the intention to make any such offer, sale, pledge or disposition, or to enter
into any such transaction, swap, hedge or other arrangement, without, in each
case, the prior written consent of Stanford (the "Lock-Up Agreement").

         Any Securities received upon exercise of options granted to the
undersigned will also be subject to this Lock-Up Agreement. Any securities
acquired by the undersigned in the open market will not be subject to this
Lock-Up Agreement. A transfer of Securities to a family member or trust may be
made, provided the transferee agrees to be bound in writing by the terms of this
undertaking.

         In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby

<PAGE>

Intercallnet, Inc.
February 28, 2002
Page 2
authorized to decline to make any transfer of shares of Securities if such
transfer would constitute a violation or breach of this Lock-Up Agreement.

         This undertaking shall be binding on the undersigned and the
successors, heirs, personal representatives and assigns of the undersigned. This
undertaking shall lapse and become null and void if Stanford does not provide
all financing required by the terms of the Purchase Agreement.

         Notwithstanding the foregoing, this undertaking shall be null and void
if, during the term set forth above, the public trading volume of the Company's
Securities equals or exceeds 100,000 shares and reflects a closing price of
$3.00 or more on ten consecutive trading days.

                                       Very truly yours,

                                       /s/ Farrington Family Trust
                                       -----------------------------------------
                                       Signature of Security holder

                                       Farrington Family Trust
                                       -----------------------------------------
                                       Name of Security holder (please print)February 28, 2002

Intercallnet, Inc. ("Company")
6340 N.W. 5th Way
Fort Lauderdale, Florida 33309

Stanford Venture Capital Holdings, Inc.
201 South Biscayne Blvd., Suite 1200
Miami, Florida 33133

Gentlemen:

         As an inducement to Stanford Venture Capital Holdings, Inc.
("Stanford") to execute the Series A Convertible Preferred Stock and Common
Stock Purchase Warrant Purchase Agreement ("Purchase Agreement"), pursuant to
which substantial funding will be provided to Intercallnet, Inc. (the
"Company"), the undersigned hereby agrees that from the date hereof and until
eighteen months thereafter (provided Stanford provides all financing required by
the terms of the Purchase Agreement), the undersigned will not offer, sell,
contract to sell, pledge or otherwise dispose of, directly or indirectly, any
shares of the Company's common stock (the "Securities") or securities
convertible into or exchangeable or exercisable for any Securities now owned or
hereafter acquired, enter into a transaction which would have the same effect,
or enter into any swap, hedge or other arrangement that transfers, in whole or
in part, any of the economic consequences of ownership of the Securities,
whether any such aforementioned transaction is to be settled by delivery of the
Securities or such other securities, in cash or otherwise, or publicly disclose
the intention to make any such offer, sale, pledge or disposition, or to enter
into any such transaction, swap, hedge or other arrangement, without, in each
case, the prior written consent of Stanford (the "Lock-Up Agreement").

         Any Securities received upon exercise of options granted to the
undersigned will also be subject to this Lock-Up Agreement. Any securities
acquired by the undersigned in the open market will not be subject to this
Lock-Up Agreement. A transfer of Securities to a family member or trust may be
made, provided the transferee agrees to be bound in writing by the terms of this
undertaking.

<PAGE>

Intercallnet, Inc.
February 28, 2002
Page 2

         In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby authorized to decline to make any transfer of shares of
Securities if such transfer would constitute a violation or breach of this
Lock-Up Agreement.

         This undertaking shall be binding on the undersigned and the
successors, heirs, personal representatives and assigns of the undersigned. This
undertaking shall lapse and become null and void if Stanford does not provide
all financing required by the terms of the Purchase Agreement.

                                         Very truly yours,

                                         ------------------------------------
                                         Signature of Security holder

                                         ------------------------------------
                                         Name of Security holder (please print)REGISTRATION RIGHTS AGREEMENT

THIS REGISTRATION RIGHTS AGREEMENT (this "Agreement"), dated as of February 28,
2002 is entered into by and between Intercallnet, Inc., a Florida corporation
(the "Company"), and the investor named on the signature page hereto (the
"Investor"), as amended from time to time to include any Investor Transferee (as
defined in Section 2.1 hereof).

                                    RECITALS

WHEREAS, concurrent with the execution and delivery of this Agreement (or at the
Closing, if later), the Company is issuing and selling to the Investor 1,500,000
shares (the "Preferred Shares") of its Series A Convertible Preferred Stock,
$0.0001 par value per share (the "Series A Convertible Preferred Stock"), and
certain warrants (the "Warrants") to purchase shares of its Common Stock, par
value $0.0001 par value per share (the "Common Stock") pursuant to the terms and
conditions of that certain Series A Convertible Preferred Stock and Warrant
Purchase Agreement dated of even date herewith between the Company and such
Investor (the "Purchase Agreement");

WHEREAS, the Company and the Investor desire to enter into an agreement granting
the Investor certain registration rights, information rights and other rights in
connection with its ownership of shares of the Preferred Shares (including the
Conversion Shares into which such Preferred Shares are convertible) and Warrants
(including the shares of the Company's common stock into which such Warrants are
exercisable).

NOW, THEREFORE, in consideration of the promises and mutual agreements set forth
herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

                                    ARTICLE I
                        DEFINITIONS; REGISTRATION RIGHTS

1.1 Certain Definitions. As used in this Agreement, the following terms shall
have the following respective meanings:

         "Commission" shall mean the Securities and Exchange Commission, or any
         other federal agency at the time administering the Securities Act.

<PAGE>

         "Common Stock" shall mean the common stock, $0.0001 par value, of the
         Company and any class of common stock of the Company into which such
         common stock is converted or reclassified or for which such common
         stock is exchanged.

         "Conversion Shares" shall mean shares of Common Stock issued or
         issuable upon conversion of the Preferred Shares.

         "Exchange Act" shall mean the Securities Exchange Act of 1934, as
         amended, or any similar federal rule or statute, and the rules and
         regulations of the Commission thereunder, all as the same shall be in
         effect at the time.

         "Register," "registered" and "registration" refer to a registration
         effected by preparing and filing a registration statement in compliance
         with the Securities Act, as defined below, and the declaration or
         ordering of the effectiveness of such registration statement.

         "Registrable Securities" shall mean (i) the Conversion Shares, (ii) the
         Warrant Shares (and shares of the Company's Common Stock underlying
         Penalty Warrants, as such term is defined herein), and (iii) shares
         issued or issuable upon an adjustment for stock splits, stock dividends
         and the like (including, without limitation, any such adjustments with
         respect to the securities referred to in (i) and (ii) above).
         Notwithstanding the foregoing, Registrable Securities shall not include
         Conversion Shares and/or Warrant Shares (and/or shares of the Company's
         Common Stock underlying Penalty Warrants) which have been (i)
         registered under the Securities Act pursuant to an effective
         registration statement filed thereunder and disposed of in accordance
         with the registration statement covering them, (ii) publicly sold
         pursuant to Rule 144 under the Securities Act, or (iii) eligible for
         sale under Rule 144(k) under the Securities Act.

         "Securities Act" shall mean the Securities Act of 1933, as amended, or
         any similar federal rule or statute, and the rules and regulations of
         the Commission thereunder, all as the same shall be in effect at the
         time.

         "Shareholders' Agreement" shall mean the Shareholders' Agreement, dated
         the date hereof, among the Company and certain shareholders of the
         Company.

         "Warrant Shares" shall mean shares of Common Stock issued or issuable
         upon exercise of the Warrants.

<PAGE>

1.2 Restrictive Legend. Each certificate representing Preferred Shares or
Conversion Shares shall, except as otherwise provided in Section 1.3, be stamped
or otherwise imprinted with a legend substantially in the following form:

                              "TRANSFER RESTRICTED"

         THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A
         REGISTRATION RIGHTS AGREEMENT BY AND BETWEEN THE COMPANY AND A CERTAIN
         SHAREHOLDER. A COPY OF THE REGISTRATION RIGHTS AGREEMENT MAY BE
         OBTAINED FROM THE COMPANY WITHOUT CHARGE UPON THE WRITTEN REQUEST OF
         THE HOLDER HEREOF.

         THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE HAVE NOT
         BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
         "ACT") AND MAY NOT BE OFFERED, SOLD, ASSIGNED, PLEDGED, HYPOTHECATED OR
         OTHERWISE TRANSFERRED UNLESS (1) THEY ARE REGISTERED UNDER THE ACT OR
         (2) THE HOLDER HAS DELIVERED TO THE ISSUER AN OPINION OF COUNSEL,
         SATISFACTORY TO THE ISSUER AND ITS COUNSEL, TO THE EFFECT THAT THERE IS
         AN AVAILABLE EXEMPTION FROM REGISTRATION UNDER THE ACT AND ANY
         APPLICABLE STATE SECURITIES LAWS OR THAT REGISTRATION IS OTHERWISE NOT
         REQUIRED.

1.3 Required Registration.

         (a) Not later than November 30, 2002 (60 days following September 30,
         2002, the required date for filing the Company's Form 10-KSB for the
         fiscal year ended June 30, 2002), the Company shall file a Form SB-2
         registration statement with the Commission registering all of the
         Registrable Securities; provided, however, that the Company may, by
         notice to the holders of the Preferred Shares, Warrants and/or the
         Registrable Securities, delay such registration if the Company's Board
         of Directors determines that such registration at such time would have
         a material adverse effect upon the Company; provided, further, however,
         that the Company's ability to delay such registration shall be limited
         to a duration of no longer than ninety (90) days and the Company shall
         not delay more than once.

         The Company shall not be obligated pursuant to this Section 1.3 to
         effectuate more than one (1) registration.

<PAGE>

         (b) The Company's registration obligation hereunder shall be deemed
         satisfied only when a registration statement covering all shares of
         Registrable Securities shall have become effective with the Commission.

         (c) The Company shall be entitled to include in any registration
         statement referred to in this Section 1.3 for sale shares of Common
         Stock to be sold by the Company for its own account and/or for the
         account of other security holders or both, except as and to the extent
         that, in the reasonable opinion of the managing underwriter (if such
         method of disposition shall be an underwritten public offering), such
         inclusion would materially adversely affect the marketing of the
         Registrable Securities to be sold. Except for registration statements
         on Form S-4, S-8 or any successor thereto, the Company will not file
         with the Commission any other registration statement with respect to
         its Common Stock, whether for its own account or that of other security
         holders, from the date of the effectiveness of the registration
         statement pursuant to this Section1.3 until the completion of the
         lesser of the period of distribution of the shares of Registrable
         Securities registered thereby or one hundred eighty (180) days from the
         effective date of the registration statement.

1.4 Company Registration.

         (a) Notice of Registration. If at any time or from time to time the
Company shall determine to register any of its equity securities, either for its
own account or the account of the Investor or other holders, other than (i) a
registration relating solely to employee benefit plans and otherwise pursuant to
Form S-8 and the instructions to Form S-8, (ii) a registration relating solely
to a Rule 145 transaction, or (iii) a registration in which the only equity
security being registered is Common Stock issuable upon conversion of
convertible debt securities which are also being registered, the Company will:

                  (i)  promptly give to the Investor written notice thereof; and

                  (ii) include in such registration (and any related
qualifications including compliance with Blue Sky laws), and in any underwriting
involved therein, all the Registrable Securities specified in a written request
or requests, made within ten (10) business days after the date of such written
notice from the Company, by the Investor.

         (b) Underwriting. If the registration of which the Company gives notice
is for a registered public offering involving an underwriting, the Company shall
so advise the Investor as a part of the written notice given pursuant to Section
1.4(a)(i). In such event, the right of the Investor to registration pursuant to
Section 1.4 shall be conditioned upon the Investor's participation in such
underwriting and

<PAGE>

the inclusion of Registrable Securities in the underwriting shall be limited to
the extent provided herein. Notwithstanding any other provision of this Section
1.4, if the managing underwriter determines that marketing factors require a
limitation of the number of shares to be underwritten, the managing underwriter
may limit the Registrable Securities to be included in such registration to
zero, provided that the Company shall ensure that such reductions shall be made
in the following order of priority: (x) first, the shares held by selling
holders, including, but not limited to, employees of the Company and members of
the Company's board of directors, other than the Investor shall be reduced; (y)
second, the shares held by the Investor shall be reduced; and (z) third, the
shares of the Company to be included in the underwriting shall be reduced. The
Company shall so advise all holders requesting to be included in the
registration and underwriting, and the number of shares of Registrable
Securities that may be included in the registration and underwriting shall be
allocated among all the holder requesting to be included in the registration and
underwriting in proportion, as nearly as practicable, to the respective amounts
of Registrable Securities held by them at the time of filing the registration
statement. To facilitate the allocation of shares in accordance with the above
provisions, the Company or the underwriters may round the number of shares
allocated to any holder to the nearest 100 shares. If any holder disapproves of
the terms of any such underwriting, such person may elect to withdraw therefrom
by written notice to the Company.

         (c) Right to Terminate Registration. The Company shall have the right
to terminate or withdraw any registration initiated by it under this Section 1.4
prior to the effectiveness of such registration whether or not the Investor has
elected to include securities in such registration.

1.5 Registration Procedures. When the Company is required by the provisions of
Sections 1.3 to effect the filing of a registration statement concerning the
registration of any shares of Registrable Securities under the Securities Act,
the Company will, at its cost and expense (including without limitation, payment
of the costs and expenses described in Section 1.6), as expeditiously as
reasonably practicable:

         (a) prepare and file with the Commission a registration statement with
         respect to such securities and use all commercially reasonable best
         efforts to cause such registration statement to become and remain
         effective for the period of the distribution contemplated thereby
         (determined as hereinafter provided);

         (b) prepare and file as expeditiously as reasonably practicable and in
         any event within ninety (90) days with the Commission such amendments
         and supplements to such registration statement and the prospectus used
         in connection therewith as may be necessary to keep such registration

<PAGE>

         statement effective for the period specified in Section 1.4(a) above
         and comply with the provisions of the Securities Act with respect to
         the disposition of all Registrable Securities covered by such
         registration statement in accordance with the sellers' intended method
         of disposition set forth in such registration statement for such
         period;

         (c) furnish to each seller of Registrable Securities and to each
         underwriter such number of copies of the registration statement and the
         prospectus included therein (including each preliminary prospectus) as
         such persons reasonably may request in order to facilitate the public
         sale or other disposition of the Registrable Securities covered by such
         registration statement;

         (d) use its best efforts to register and qualify the Registrable
         Securities covered by such registration statement under the securities
         or "blue sky" laws of such jurisdictions as the sellers of Registrable
         Securities or, in the case of an underwritten public offering, the
         managing underwriter reasonably shall request, provided, however, that
         the Company shall not for any such purpose be required to qualify
         generally to transact business as a foreign corporation in any
         jurisdiction where it is not so qualified or to consent to general
         service of process in any such jurisdiction unless the Company is
         already subject to service in such jurisdiction and except as may be
         required by the Securities Act;

         (e) cause all such Registrable Securities to be listed on any
         securities exchange on which the Common Stock of the Company is then
         listed;

         (f) immediately notify in writing each seller of Registrable Securities
         and each underwriter under such registration statement, at any time
         when a prospectus relating thereto is required to be delivered under
         the Securities Act, of the happening of any event as a result of which
         the prospectus contained in such registration statement, as then in
         effect, includes an untrue statement of a material fact or omits to
         state a material fact required to be stated therein or necessary to
         make the statements therein not misleading in light of the
         circumstances then existing. The Company will use its best efforts to
         amend or supplement such prospectus in order to cause such prospectus
         not to include, as to information provided by the Company, any untrue
         statement of a material fact or omit to state a material fact required
         to be stated therein or necessary to make the statements therein not
         misleading in light of the circumstances then existing as to
         information provided by both the Company and the sellers of Registrable
         Securities. The sellers of Registrable Securities agree upon receipt of
         such notice forthwith to cease making offers and sales of Registrable
         Securities pursuant to such registration statement or deliveries of the
         prospectus contained

<PAGE>

         therein for any purpose until the Company has prepared and furnished
         such amendment or supplement to the prospectus as may be necessary so
         that, as thereafter delivered to purchasers of such Registrable
         Securities, such prospectus shall not include an untrue statement of a
         material fact or omit to state a material fact required to be stated
         therein or necessary to make the statements therein not misleading in
         the light of the circumstances then existing;

         (g) notify in writing each seller of Registrable Securities under such
         registration statement of (i) the effectiveness of such registration
         statement, (ii) the filing of any post-effective amendments to such
         registration statement, or (iii) the filing of a supplement to such
         registration statement; and

         (h) make available for inspection upon reasonable notice during the
         Company's regular business hours by each seller of Registrable
         Securities, any underwriter participating in any distribution pursuant
         to such registration statement, and any attorney, accountant or other
         agent retained by such seller or underwriter, all material financial
         and other records, pertinent corporate documents and properties of the
         Company, and cause the Company's officers and directors to supply all
         information reasonably requested by any such seller, underwriter,
         attorney, accountant or agent in connection with such registration
         statement.

         (i) provide a transfer agent and registrar for all Registrable
         Securities registered pursuant hereto to be listed on each securities
         exchange or automated quotation system on which similar securities
         issued by the Company are then listed.

         (j) Use its best efforts to furnish, on the date that such Registrable
         Securities are delivered to the underwriters for sale, if such
         securities are being sold through underwriters, (a) an opinion, dated
         as of such date, of the counsel representing the Company for the
         purposes of such registration, in form and substance as is customarily
         given to underwriters in an underwritten public offering, addressed to
         the underwriters, if any, and (b) a letter, dated as of such date, from
         the independent certified public accountants of the Company, in form
         and substance as is customarily given by independent certified public
         accountants to underwriters in an underwritten public offering
         addressed to the underwriters.

         For purposes of Section 1.5(a) and 1.5(b) and of Section 1.3(c), the
period of distribution of Registrable Securities in a firm commitment
underwritten public offering shall be deemed to extend until each underwriter
has completed the distribution of all securities purchased by it, and the period
of distribution of

<PAGE>

Registrable Securities in any other registration shall be deemed to extend until
the earlier of the sale of all Registrable Securities covered thereby or one
hundred eighty (180) days after the effective date thereof, with reasonable
extensions to be granted for suspensions thereof.

         In connection with and as a condition to each registration hereunder,
the sellers of Registrable Securities shall (a) provide such information and
execute such documents as may reasonably be required in connection with such
registration, (b) agree to sell Registrable Securities on the basis provided in
any underwriting arrangements, and (c) complete and execute all questionnaires,
powers of attorney, indemnities, underwriting agreements and other documents
reasonably required or requested under the terms of such underwriting
arrangements.

         In connection with a registration pursuant to Section 1.3 covering an
underwritten public offering, the Company and each seller agree to enter into a
written agreement with the managing underwriter selected in the manner herein
provided in such form and containing such provisions as are customary in the
securities business for such an arrangement between such underwriter and
companies of the Company's size and investment stature.

1.6 Expenses. All expenses incurred by the Company in complying with Section 1.3
including, without limitation, all registration and filing fees, registration
fees, printing expenses, fees and disbursements of counsel and independent
public accountants for the Company, fees and expenses (including counsel fees)
incurred in connection with complying with state securities or "blue sky" laws,
transfer taxes, fees of transfer agents and registrars, and the reasonable fees
and disbursements of one counsel for the sellers of Registrable Securities but
excluding any Selling Expenses (as defined below), are called "Registration
Expenses." All underwriting discounts and selling commissions applicable to the
sale of Registrable Securities and the fees of more than one counsel for the
sellers are called "Selling Expenses."

         The Company will pay all Registration Expenses in connection with a
registration statement under Section 1.3. All Selling Expenses in connection
with a registration statement under Section 1.3 shall be borne by the
participating sellers in proportion to the number of shares sold by each, or by
such participating sellers other than the Company (except to the extent the
Company shall be a seller) as they may agree.

1.7 Information by Holder. The holder or holders of Registrable Securities
included in any registration shall furnish to the Company such information
regarding such holder or holders of Registrable Securities, the Registrable
Securities held by them and the distribution proposed by such holder or holders
of Registrable Securities as the Company may reasonably request in writing and
as shall be

<PAGE>

required in connection with any registration (including any amendment to a
registration statement or prospectus), qualification or compliance referred to
in this Section 1.7.

1.8 Lock-Up Agreements. Each holder of Registrable Securities shall agree to be
bound by such lock-up agreements (not to exceed a period of ninety (90) days
following the date of the prospectus relating to any such underwriting) as the
managing underwriter of any such registration shall specify as a requirement to
any such underwriting, provided that the entry of such holder of Registrable
Securities into such agreements shall be conditioned upon all current and then
greater than ten percent (10%) shareholders and executive officers and directors
of the Company also agreeing to execute such lock-up agreement regardless of the
number of shares of the capital stock of the Company then owned by them.

1.9      Indemnification and Contribution.

         (a) In connection with a registration of the Registrable Securities
         under the Securities Act pursuant to Section 1.3, the Company will
         indemnify and hold harmless each seller of such Registrable Securities
         thereunder and each of its officers and directors, each underwriter of
         such Registrable Securities thereunder and each other person, if any,
         who controls such seller or underwriter within the meaning of Section15
         of the Securities Act, from and against any expenses, losses, claims,
         damages or liabilities, joint or several, to which such seller,
         underwriter or controlling person may become subject under the
         Securities Act or under any other statute or at common law or
         otherwise, insofar as such expenses, losses, claims, damages or
         liabilities (or actions in respect thereof) arise out of or are based
         upon any untrue statement or alleged untrue statement of any material
         fact contained in any registration statement under which such
         Registrable Securities were registered under the Securities Act, any
         preliminary prospectus or final prospectus contained therein, offering
         circular or other document or any amendment or supplement thereof or
         any document incorporated by reference therein, or arise out of or are
         based upon the omission or alleged omission to state therein a material
         fact required to be stated therein or necessary to make the statements
         therein not misleading or any violations of applicable law relating to
         such registration, including, without limitation, the Securities Act,
         the Exchange Act, state securities laws or any rule or regulation
         promulgated under such laws, and will pay the reasonable legal fees and
         other expenses of each such seller, each of its officers and directors,
         each such underwriter and each such controlling person incurred by them
         in connection with investigating or defending any action whether or not
         resulting in any liability insofar as such loss, expense, claim,
         damage, liability or action results from the foregoing, provided,
         however, that the Company will not be liable to a seller in any such
         case if and to the extent

<PAGE>

         that any such loss, expense, claim, damage or liability arises out of
         or is based upon an untrue statement or alleged untrue statement or
         omission or alleged omission so made in reliance upon and in conformity
         with information furnished in writing and duly executed by any such
         seller, any such underwriter or any such controlling person
         specifically for use in such registration statement or prospectus, and,
         provided further, however, that the Company will not be liable to a
         holder in any such case to the extent that any such loss, expense,
         claim, damage, liability or action arises out of or is based upon an
         untrue or alleged untrue statement or omission or an alleged omission
         made in any preliminary prospectus or final prospectus if (1) such
         holder failed to send or deliver a copy of the final prospectus or
         prospectus supplement with or prior to the delivery of written
         confirmation of the sale of the Registrable Securities, and (2) the
         final prospectus or prospectus supplement would have corrected such
         untrue statement or omission.

         (b) In connection with a registration of the Registrable Securities
         under the Securities Act pursuant to Section 1.3, each seller of such
         Registrable Securities thereunder, severally and not jointly, will
         indemnify and hold harmless the Company, each person, if any, who
         controls the Company within the meaning of the Securities Act, each
         officer of the Company who signs the registration statement, each
         director of the Company, each underwriter and each person who controls
         any underwriter within the meaning of the Securities Act, against all
         expenses, losses, claims, damages or liabilities, joint or several, to
         which the Company or such officer, director, underwriter or controlling
         person may become subject under the Securities Act or otherwise,
         insofar as such expenses, losses, claims, damages or liabilities (or
         actions in respect thereof) arise out of or are based upon any untrue
         statement or alleged untrue statement of any material fact contained in
         the registration statement under which such Registrable Securities was
         registered under the Securities Act, any preliminary prospectus or
         final prospectus contained therein, or any amendment or supplement
         thereof, or arise out of or are based upon the omission or alleged
         omission to state therein a material fact required to be stated therein
         or necessary to make the statements therein not misleading, and will
         pay the reasonable legal fees and other expenses of the Company and
         each such officer, director, underwriter and controlling person
         reasonably incurred by them in connection with investigating or
         defending any such expense, loss, claim, damage, liability or action,
         provided, however, that such seller will be liable hereunder in any
         such case if and only to the extent that any such loss, claim, damage
         or liability arises out of or is based upon an untrue statement or
         alleged untrue statement or omission or alleged omission made in
         reliance upon and in conformity with information furnished in writing
         to the Company by such seller specifically for use in such registration
         statement or prospectus, and provided, further, however, that the
         liability of each seller

<PAGE>

         hereunder shall be limited to the amount of net proceeds received by
         such seller in connection with such registration.

         (c) Promptly after receipt by an indemnified party hereunder of notice
         of the commencement of any action, such indemnified party shall, if a
         claim in respect thereof is to be made against the indemnifying party
         hereunder, notify the indemnifying party in writing thereof, but the
         omission so to notify the indemnifying party shall not relieve it from
         any liability that it may have to such indemnified party under this
         Section 1.11 except and only to the extent the indemnifying party is
         materially prejudiced by such omission. In case any such action shall
         be brought against any indemnified party and it shall notify the
         indemnifying party of the commencement thereof, the indemnifying party
         shall be permitted to participate in and, to the extent permitted, to
         assume and undertake the defense thereof at such indemnifying party's
         expenses provided that the indemnifying party shall not assume the
         defense for matters as to which there is a conflict of interest or
         there are separate and different defenses.

         (d) In order to provide for just and equitable contribution to joint
         liability under the Securities Act in any case in which the indemnified
         party makes a claim for indemnification pursuant to this Section 1.9
         but it is judicially determined (by the entry of a final judgment or
         decree by a court of competent jurisdiction and the expiration of time
         to appeal or the denial of the last right of appeal) that such
         indemnification may not be enforced in such case notwithstanding the
         fact that this Section 1.9 provides for indemnification in such case,
         or (ii) contribution under the Securities Act may be required on the
         part of the indemnifying party in circumstances for which
         indemnification is provided under this Section 1.9; then, and in each
         such case, the indemnifying party will , to the extent permitted by
         applicable law, contribute to the aggregate losses, claims, damages or
         liabilities to which it is subject (after contribution from others) in
         such proportion as is appropriate to reflect relative fault of the
         indemnifying party on the one hand and of the indemnified party on the
         other as to the matters giving rise to such losses, claims, damages or
         liabilities as well as any other relevant equitable considerations,
         provided, however, that, in any such case, no person or entity guilty
         of fraudulent misrepresentation (within the meaning of Section 12(f) of
         the Securities Act) will be entitled to contribution from any person or
         entity who was not guilty of such fraudulent misrepresentation.

         (e) No indemnifying party shall, without the prior written consent of
         the indemnified party, effect any settlement of any pending or
         threatened action, suit or proceeding in respect of which any
         indemnified party is or could have been a party and indemnity could
         have been sought hereunder by such indemnified party, unless such
         settlement includes an unconditional release

<PAGE>

         of such indemnified party from all liability on claims that are the
         subject matter of such action, suit or proceeding.

1.10 Changes in Common Stock or Preferred Shares. If, and as often as, there is
any change in the Common Stock or the Preferred Shares by way of a stock split,
stock dividend, combination or reclassification, or through a merger,
consolidation, reorganization or recapitalization, or by any other means,
appropriate adjustment shall be made in the provisions hereof so that the rights
and privileges granted hereby shall continue with respect to the Common Stock or
the Preferred Shares as so changed.

1.11 Rule 144 Reporting and Rule 144A Information. With a view to making
available the benefits of certain rules and regulations of the Commission that
may at any time permit the resale of the Registrable Shares without
registration, the Company will:

         (a)      at all times use its commercially reasonable efforts to:

                  (i) make and keep public information available, as those terms
                  are understood and defined in Rule 144 under the Securities
                  Act;

                  (ii)file with the Commission in a timely manner all reports
                  and other documents required of the Company under the
                  Securities Act and the Exchange Act; and

                  (iii) furnish to each holder of Registrable Securities
                  forthwith upon request a written statement by the Company as
                  to its compliance with the reporting requirements of such Rule
                  144 and of the Securities Act and the Exchange Act, a copy of
                  the most recent annual or quarterly report of the Company, and
                  such other reports and documents of the Company and other
                  information in the possession of or reasonably obtainable by
                  the Company as such holder may reasonably request in availing
                  itself of any rule or regulation of the Commission allowing
                  such holder to sell any Registrable Securities without
                  registration; and

         (b) at any time, at the request of any holder of Preferred Shares or
         shares of Registrable Securities, make available to such holder and to
         any prospective transferee of such Preferred Shares or shares of
         Registrable Securities the information concerning the Company described
         in Rule 144A(d)(4) under the Securities Act.

1.12 Failure to Timely File Registration Statement. In the event the Company
fails to timely file a registration statement with the Commission pursuant to
the terms and

<PAGE>

provisions of Section 1.3 hereof, the Company will then promptly issue or cause
to be issued to the Investor additional common stock purchase warrants equal to
10% of the Warrants originally issued (and, on a pro-rata basis, having the same
various exercise prices per share as the Warrants originally issued) for each
quarter such registration statement is not filed (the "Penalty Warrants"). The
shares of the Company's Common Stock underlying such Penalty Warrants shall have
the same registration rights as the Registrable Securities, and such other
rights as may be provided pursuant to the Shareholders' Agreement and the
Company's Articles of Incorporation as may be amended from time to time.

                                   ARTICLE II
                                  MISCELLANEOUS

2.1 Successors and Assigns. All covenants and agreements contained in this
Agreement by or on behalf of any of the parties hereto shall bind and inure to
the benefit of the respective successors and assigns of the parties hereto
(including without limitation transferees of any Preferred Shares, Warrants or
Penalty Warrants), whether so expressed or not; provided, however, that the
rights conferred in this Agreement on the Investors shall only inure to the
benefit of a transferee of Preferred Shares and/or Warrants and/or Penalty
Warrants if notice of such transfer or assignment is given to the Company and
such Investor Transferee has agreed in writing to be bound by the terms of this
Agreement and the Shareholders Agreement.

2.2 Governing Law; Jurisdiction; Venue; Attorney's Fees. This Agreement is
executed and delivered in the State of Florida, and this Agreement shall be
governed by and construed in accordance with the laws of the State of Florida
for all purposes and in all respects, without giving effect to the conflict or
choice of law provisions thereof. Any action and/or proceeding relating to or
arising out of this Agreement shall be brought solely in the federal and/or
state courts located in Miami-Dade County, Florida. The prevailing party/parties
in such action and/or proceeding shall be entitled to recover its reasonable
attorney's fees and costs from the other party.

2.3 Integration; Amendment. This Agreement and the other documents delivered
pursuant hereto constitute the full and entire understanding and agreement among
the parties with regard to the subjects hereof and thereof, and supersede any
previous agreement or understanding between or among the parties with respect to
such subjects. No party shall be liable or bound to any other party in any
manner by any warranties, representations or covenants except as specifically
set forth herein or therein. Except as expressly provided herein neither this
Agreement nor any term hereof may be amended, waived, discharged or terminated
other than by a written instrument signed by the party against whom enforcement
of any such amendment, waiver, discharge or termination is sought. Any
amendments, waivers,

<PAGE>

discharges or terminations of this Agreement effected in accordance herewith
shall be binding upon all parties hereto, including those not signing such
amendment, waiver, discharge or termination.

2.4 Notices. All notices, requests, demands, and other communications under this
Agreement shall be in writing and shall be deemed to have been duly given on the
date of service if served personally on the party to whom notice is to be given,
on the date of transmittal of service via telecopier to the party to whom notice
is to be given (provided the sender of such notice via telecopier is provided
with a printed confirmation of same), or on the third day after mailing if
mailed to the party to whom notice is to be given, by first class mail,
registered or certified, postage prepaid, or via overnight courier providing a
receipt and properly addressed as set forth on Schedule I hereto. Any party may
change its address for purposes of this paragraph by giving notice of the new
address to each of the other parties in the manner set forth above.

2.5 Counterparts; Telecopier. This Agreement may be executed in any number of
counterparts and via telecopier, each of which shall be enforceable against the
parties actually executing such counterparts, and all of which together shall
constitute one instrument.

2.6 Severability. In the event that any provision of this Agreement becomes or
is declared by a court of competent jurisdiction to be illegal, unenforceable or
void, this Agreement shall continue in full force and effect without said
provision; provided that no such severability shall be effective if it
materially changes the economic benefit of this Agreement to any party.

2.7 Titles and Subtitles. The titles and subtitles used in this Agreement are
used for convenience only and are not considered in construing or interpreting
this Agreement.

2.8 Rule of Construction that Ambiguities to be Construed Against the Drafter of
the Document Not Applicable. In view of the fact that the parties to this
Agreement have both been represented by their respective counsel in connection
herewith, the rule of construction that ambiguities shall be construed against
the drafter shall not be applicable.

<PAGE>

IN WITNESS WHEREOF, the Company and the Investor have executed this Agreement as
of the day and year first above written.

                                 THE COMPANY:

                                 Intercallnet, Inc.

                                 By:   /s/  Scott Gershon
                                     -------------------------------------------
                                       Scott Gershon, Chief Executive Officer

                                 THE INVESTOR:

                                 Stanford Venture Capital Holdings, Inc.

                                 By:  /s/ James M. Davis
                                     -------------------------------------------
                                       James M. Davis, President

                                                Schedule I

If to the Company:        Intercallnet, Inc.
                          6340 NW 5th Way
                          Fort Lauderdale, Florida 3309
                          Telecopier: (954) 315-3222
                          Attention: Scott Gershon, Chief Executive Officer

with copies to:           Kipnis Tescher Lippman & Valinsky
                          100 NE 3rd Avenue, Suite 610
                          Ft. Lauderdale, Florida 33301
                          Telecopy: (954) 467-2264
                          Attention: Jay Valinsky, Esq.

If to the Investor:       Stanford Venture Capital Holdings, Inc.
                          201 South Biscayne Boulevard, Suite 1200
                          Miami, Florida 33131
                          Telecopy: (305) 960-8535
                          Attention: James M. Davis, President

with copies to:           Hunton & Williams, P.A.
                          1111 Brickell Avenue, Suite 2500
                          Miami, Florida 33131-3126
                          Telecopy: (305) 810-2460
                          Attention: Alberto Hernandez, Esq.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00034-of-00352.parquet"}]]