Document:

STOCK TRANSFER
AGREEMENT

     

    THIS STOCK TRANSFER AGREEMENT (this
“Agreement”) is made and
entered into as of the 24 day of August, 2009, by and among Amerex Companies,
Inc., an Oklahoma corporation (“Amerex”), CAMOFI Master, LDC,
a Cayman Islands limited duration company (“Lender”), and WES&A
Holdings, LLC, a Missouri limited liability company, as designee of
Lender.

    

    WITNESSETH:

     

    WHEREAS, Lender and Amerex are parties
to a Securities Purchase Agreement, dated as of November 21, 2005 (as further
amended, modified or supplemented from time to time, the “Purchase Agreement”), pursuant
to which Amerex originally issued 10% Senior Secured Convertible Notes due
November 21, 2007 (the “Notes”), to Lender in the
aggregate principal amount of $6,000,000; and

     

    WHEREAS, pursuant to a series of letter
agreements executed between December 19, 2007, and September 9, 2008, between
Amerex and Lender, (i) the maturity date of the Notes was extended from November
21, 2007, to November 21, 2010, and the interest rate on the Notes was increased
from 10% to 12%; (ii) Amerex issued to Lender a new promissory note in the
aggregate principal amount of $5,141.648 (the “New Note”) and; (iii) Amerex
issued and continues to issue to Lender additional promissory notes
substantially identical to the Notes (the “Additional Notes”)
representing additional monies loaned to Amerex, its parent company, the Amerex
Group, Inc., and Waste Express, Inc., wholly owned subsidiary of Amerex
(collectively, the “Company”) by Lender for
operating expenses and certain interest payments due under the Notes and New
Note; and

     

    WHEREAS, on August 31, 2006, Amerex
entered into an agreement with Lender for a line of credit of $1,500,000 (the
“LOC”), which was
subsequently increased to a maximum borrowing amount of $1,925,301;
and

     

    WHEREAS, Amerex executed in favor of
Lender a Security Agreement dated November 21, 2005 (as further amended,
modified or supplemented from time to time, the “Security Agreement”), granting
Lender a security interest in certain collateral, including but not limited to
goods, machinery, equipment, vehicles, rolling stock, inventory, contract
rights, accounts and general intangibles, whether now owned or after-acquired,
wherever situated, and all proceeds, products or accounts thereof (the “Personal Property”), including
all of Amerex’s interest in 100% of the issued and outstanding common stock of
Waste Express (the “Stock”), to secure all of the
Company’s obligations under the Notes, New Note, Additional Notes and any other
instruments, agreements or other documents executed or delivered in connection
therewith, including any amendments, modifications or extensions (the “Indebtedness”);
and

    

    WHEREAS, the Purchase Agreement, the
Notes, New Note, Additional Notes, LOC, Security Agreement and all other
agreements, documents and instruments heretofore, now or hereafter executed in
connection therewith are hereinafter collectively referred to as the “Loan Documents”);
and

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    WHEREAS, the amount due and owing to
Lender under the Loan Documents as of August 7, 2009 is approximately
$27,891,959; and

    

    WHEREAS, one or more material defaults
now exist under the terms of the Loan Documents, including, without limitation,
the Company’s failure to pay amounts currently due and owing; and

    

    WHEREAS, Amerex acknowledges that
Lender has no further commitment or obligation to make any additional loans,
advances or other credit accommodations to the Company under any of the Loan
Documents and that Lender is entitled to immediately exercise all of its rights
and remedies under the Loan Documents, and as otherwise provided by law, which
rights and remedies include, but are not limited to, foreclosing on its security
interests in and/or liens on any or all of the Stock; and

    

    WHEREAS, Amerex is unable and/or
unwilling to cure said defaults and Lender is left to pursue its various
remedies available to it under the Loan Documents; and

    

    WHEREAS, Amerex has consulted with
counsel as to the business and legal aspects of the matter.

    

    NOW, THEREFORE, in consideration of the
mutual covenants hereof and for other good and valuable consideration, the
receipt and adequacy of which is hereby acknowledged, the parties hereto do
hereby agree as follows:

     

    AGREEMENT

     

    1.            Accuracy of
Recitals.  The foregoing recitals are true and correct and are
deemed to be a part of this Agreement.

     

    2.            Absolute Conveyance and
Right of Redemption.  In consideration for partial satisfaction
of the Indebtedness, Amerex hereby irrevocably transfers and conveys to Lender
(or its designee) all of its right, title and interest in the
Stock.  The conveyance of Stock by Amerex under this Agreement is
intended to be and is acknowledged by Amerex to effect an absolute conveyance
and unconditional transfer of its interest in the Stock and all right, title,
interest, income, issues, revenues, royalties and profits in connection
therewith as of the date hereof, and is not given as security; provided,
however, title to the Stock shall remain subject to the Security Agreement to
the full extent of the Indebtedness and all obligations arising
thereunder.  In the event that, contrary to the foregoing, it is at
any time hereafter determined that Amerex had any equitable and/or statutory
rights of redemption for the Stock, then, for the consideration herein set
forth, Amerex hereby sells, transfers and conveys such rights to Lender or its
designee and waives for itself any and all equitable or statutory rights of
redemption with respect to the Stock.

     

    3.            Representations, Warranties,
and Covenants.  Amerex represents, warrants, acknowledges and
covenants as follows:

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    (a)   Amerex
is a corporation duly organized, validly existing and in good standing under the
laws of the State of Oklahoma with full power and authority to own, lease, use
and operate its properties and to carry on its business as and where owned,
leased, used, operated and conducted.

     

    (b)   Waste
Express is a corporation duly organized, validly existing and in good standing
under the laws of the State of Missouri with full power and authority to own,
lease, use and operate its properties and to carry on its business as and where
owned, leased, used, operated and conducted.

     

    (c)   The
Stock was and is duly authorized, validly issued, fully paid and nonassessable,
and free from all taxes, liens, pledges, mortgages, hypothecations, deeds of
trust, charges, claims and encumbrances of any nature whatsoever (collectively,
“Liens”) and shall not
be subject to preemptive rights or similar rights of stockholders of Amerex and
will not impose personal liability upon the holder thereof, and Lender (or its
designee) will receive good title with respect thereto free of any
Liens.

     

    (d)   The
Stock conveyed consists of 2,000 shares of issued and outstanding common stock
of Waste Express, issued to Amerex, and constitutes all of the issued and
outstanding common stock of Waste Express and there are no securities issued and
outstanding nor has Amerex entered into any agreement, arrangement or
understanding to issue any securities which are convertible into or exchangeable
or exercisable for any common stock of Waste Express.  A true and
correct copy of the certificate for the Stock is attached hereto as Exhibit A.

     

    (e)   No
notice of any unresolved violation of any statute, law or ordinance has been
received from any governmental authority having jurisdiction over the Stock,
except as set forth in Exhibit F to the Agreement, including the federal and
state tax liens.

     

    (f)   Amerex
has not sold, assigned, conveyed, transferred, mortgaged, hypothecated, pledged
or encumbered or otherwise permitted any Lien to be incurred with respect to the
Stock, or any portion thereof, except for the Security Agreement.

     

    (g)   It
has all requisite power and authority to enter into and perform its obligations
under this Agreement and the transactions contemplated herein.  All
acts and other proceedings required to be taken by, or taken on the part of each
to authorize it to carry out this Agreement and consummate the conveyance and
other transactions contemplated herein have been duly and properly
taken.

     

    (h)   The
execution and delivery of this Agreement and the performance by it of all
transactions contemplated by this Agreement (including the execution and
delivery of all documents required by this Agreement to be executed and
delivered by it) do not breach any contractual covenants or restrictions between
it and any third party; do not conflict with or violate any provision of its
Articles of Incorporation or By-laws, as each may have been amended to date; do
not create or cause to be created any Lien on the Stock, other than those
permitted by this Agreement; do not conflict with any applicable laws or with
any applicable public or private restrictions; do not require any consent or
approval of any public or private authority; will not result in a violation of
any law, rule, regulation, order, judgment or decree (including federal and
state securities laws and regulations) applicable to Amerex or by which any
property or asset of Amerex is bound or affected; and are not threatened with
invalidity or unenforceability by any action, proceeding (including bankruptcy
or insolvency proceedings), investigation pending or threatened by or against it
or the Stock.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    (i)   The
intent of Amerex in entering into this Agreement and effecting the transfer and
conveyances contemplated herein is not, and shall not be, intended to hinder,
delay or defraud any creditors of Amerex.  Amerex believes that the
outstanding indebtedness under the Loan Documents exceeds the value of the
Stock, the conveyance documents are not intended as a preference or fraudulent
conveyance as defined in the United States Bankruptcy Code of 1978, as amended
(the “Code”), as against
any other creditor of Amerex.  As of the date hereof, there is no
other person or entity nor any other creditors whose rights would be prejudiced
by such conveyance of the Stock by Amerex.  In executing and
delivering the conveyance documents, it is Amerex’s intention not to prejudice
the rights of any such other creditor; and Amerex is not obligated upon any debt
whereby any Lien has been created or exists against the Stock, which Lien is
senior to the Lien and security interests of the Loan Documents given to
Lender.  The conveyance of the Stock and the releases described herein
are intended by Amerex to be, and are made as, a contemporaneous exchange for
new value to Amerex, and Amerex has not entered into this Agreement to provide
preferential treatment to Lender or any other creditor.

     

    (j)   This
Agreement represents Amerex’s efforts to reorganize and restructure its
financial obligations with respect to the Stock and the Indebtedness and
therefore Amerex agrees that it will not seek relief under the
Code.  Amerex further agrees that, should a voluntary or involuntary
bankruptcy be filed by or against any Amerex, it will not contest a motion to
dismiss, to abstain or to lift the automatic stay, based upon this Agreement and
the settlement it contemplates.  Amerex further acknowledges that the
exercise of any bankruptcy court’s discretion to determine to dismiss or suspend
the proceeding pursuant to 11 U.S.C. § 305(a)(1) is not reviewable by appeal or
otherwise pursuant to the provisions of 11 U.S.C. § 305(c).  Amerex
hereby acknowledges and agrees that its representations and agreements set forth
in this paragraph constitute a material inducement for Lender’s acceptance of
the Stock from Amerex pursuant to this Agreement and that Lender’s acceptance of
the Stock is in reliance upon such representations and agreements.

     

    (k)   Each
Loan Document and this Agreement are the product and result of arm’s length
negotiations between the parties and no party has exerted or attempted to exert
improper or unlawful pressure or in any way attempted to induce, through threats
or otherwise, the execution of any Loan Document or this Agreement by any other
party to such Loan Document, Stock transfer document, or this
Agreement.  Each term, provision, stipulation, representation,
warranty and all other facts, matters and agreements set forth in, referenced in
or otherwise made a part of any or all of the Loan Documents and this Agreement
are the results of arm’s length bargaining between the parties to the respective
documents.  Without in any way limiting the generality of the
foregoing, at all times during the course of the negotiation surrounding the
execution of any Loan Document or this Agreement, Amerex has, to the extent it
has deemed necessary or advisable in its sole discretion, been advised and
assisted by competent legal counsel, that counsel has been present and has
actively participated in the negotiations surrounding the respective documents
and that it has been fully advised by counsel of its choosing of the effect of
each term, provision and stipulation contained within such document. Amerex has
conducted such investigation of the facts, circumstances and other matters
surrounding or in any way involving or otherwise material to any term,
conditions, provision or statement contained in the Loan Documents and this
Agreement and the contractual relationships created thereby and all other facts,
matters and circumstances as it, in its sole and absolute discretion, deems
material, and it has not relied upon any facts, statements or representations
made by the Lender or its designee or Lender or its designee’s
agents.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    The
representations, warranties, and covenants set forth above in this Section shall
survive the closing of the transactions contemplated by this
Agreement.

    

    4.            Reservation of Right to Seek
Deficiency.  Lender expressly reserves, and does not waive, the
right to seek judgment for the deficiency owed on the Indebtedness after
disposition of the Stock in accordance with this Agreement and Lender’s rights
under the Loan Documents and applicable law.

     

    5.            Release.  Amerex
hereby releases and forever discharges the Lender and each and every one of its
members, shareholders, affiliates, related entities, subsidiaries, parent
corporations and their respective agents, officers, executives, employees,
predecessors and/or successors in interest, attorneys, directors and assigns
from any and all matters, claims, charges, demands, damages, causes of action,
debts, liabilities, controversies, judgments, and suits of every kind and nature
whatsoever, foreseen or unforeseen, known or unknown, which have arisen between
the Lender and any such Company entity in connection with any of the Loan
Documents or otherwise relating to the Stock, including, without limitation,
those that were or could have been asserted, whether known or
unknown.  Amerex agrees not to file suit or otherwise submit any
charge, claim, complaint, grievance or action to any agency, court,
organization, or judicial forum (nor will they permit any person, group of
persons, or organization to take such action on their behalf) against the Lender
or any of its related entities, its successors or assigns arising out of any
actions or non-actions that have occurred to the date of this release of claims
with respect to the Loan Documents.  Amerex further agrees that in the
event that any person or entity should bring such a charge, claim, complaint, or
action on their behalf, they hereby waive and forfeit any right to recovery
under said claim and will exercise every good faith effort to have such claim
dismissed.

     

    6.            Documents to be Provided at
Closing.  On or before the Closing Date, Amerex shall provide
to Lender (or its designee) the following executed original
documents:

     

    (a)   This
Agreement, fully executed;

     

    (b)   The
original stock certificates for the Stock duly executed for transfer;
and

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    (c)   Waste
Express’ stock ledger, all books, records, contracts, keys relating to Waste
Express; and

     

    (d)   Such
other documents or instruments reasonably necessary to effectuate the terms of
this Agreement.

     

    7.            Cooperation.  Prior
to and at all times following the date on which Lender accepts title to the
Stock, Amerex agrees to execute and deliver, or to cause to be executed and
delivered, such documents and to do, or cause to be done, such other acts and
things as might reasonably be requested by any party to this Agreement to assure
that the benefits of this Agreement are realized by the parties.  From
and after the date hereof, Amerex further covenants and agrees that it will not
place any restrictions, Liens or other agreements against the title to the
Stock, and that any such restriction, Lien or other agreement shall be void
without having first received Lender’s written consent.

     

    8.            No
Merger.  The parties acknowledge and agree that the Loan
Documents will remain in full force and effect after the transactions
contemplated by this Agreement have been consummated.  The parties
further acknowledge and agree that the interest of Lender in the Stock created
by all of the conveyances provided for herein will not merge with the interest
of Lender in the Stock under the Loan Documents.  It is the express
intention of each of the parties that such interests of Lender in the Stock will
not merge, but be and remain at all times separate and distinct, notwithstanding
any union of said interest in Lender at any time by purchase, termination or
otherwise and that the liens held by Lender against the Stock created by the
Loan Documents will remain at all times valid and continuous against the
Stock.

     

    9.            Foreclosure
Proceedings.  Amerex hereby covenants and agrees that it will
not interfere with or oppose Lender in, and hereby consents to,
any:

     

    (a)   foreclosure
proceedings by court action or otherwise, or any other proceedings instituted by
Lender in connection with realizing upon the security granted pursuant to the
Security Agreement and other Loan Documents, including the right to institute
proceedings against Amerex in order to effectuate such foreclosure;
and

     

    (b)   action
to quiet title which may be instituted by Lender to perfect its right, title and
interest in the Stock.

     

    Amerex
waives the right to a hearing in connection with any such foreclosure proceeding
or other suit or proceedings, and further waives the right to require sale of
the Stock in any such suit to be made in parcels.  If Amerex contests
Lender’s right to proceed in any suit or other proceeding, in addition to Amerex
being liable to Lender or its designee for all damages which Lender may suffer
as a result thereof, Amerex acknowledges and agrees that it will be liable to
Lender for all reasonable attorneys’ fees and court costs incurred by Lender in
such suit.  This provision in this section shall survive the closing
of the transactions contemplated in this Agreement.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    10.          Disposition of Collateral
Governed by UCC.  Amerex hereby renounces and waives all rights
that are waivable under Article 9 of the Uniform Commercial Code (the “UCC”) of any jurisdiction in
which any of the Personal Property may now or hereafter be
located.  Without limiting the generality of the foregoing, Amerex
hereby (i) renounces any right to receive notice of any disposition by Lender,
as the secured party of any of the Personal Property pursuant to Section 9-611
of the UCC, whether such disposition is by public or private sale under the UCC
or otherwise; (ii) waives any rights relating to compulsory disposition of any
of the Personal Property pursuant to Section 9-620 of the UCC; and (iii)
consents to Lender’s acceptance of the Personal Property in partial satisfaction
of the Indebtedness.  Amerex and Lender stipulate and agree that the
Company shall be entitled to a credit against the Indebtedness, in the amount of
$14,000,000, representing the fair market value of the Personal Property, in the
event that (i) Lender accepts the Stock as partial satisfaction of the
Indebtedness, pursuant to Section 9-620 of the UCC; or (ii) Lender or its
designee is the purchaser at a disposition of the Personal Property, pursuant to
Section 9-611 of the UCC.  Amerex also hereby acknowledges and agrees
that the transactions contemplated by this Agreement shall constitute a
commercially reasonable manner for the disposition of the Personal Property, or
any part thereof.  This provision in this section shall survive the
closing of the transactions contemplated in this Agreement

     

    11.          Revival of
Liability.  (a)  To the extent that any payment or
payments made to Lender under this Agreement, the Loan Documents, or any
conveyance of the Stock or payment or proceeds of any Stock received by Lender
in the reduction of the indebtedness evidenced therein or with respect to any of
the allocations evidenced by this Agreement or any related documents are
subsequently invalidated, declared to be fraudulent or preferential, set aside
and/or required to be repaid to a trustee, to the Company, to a surety, or any
other person liable for any of the obligations evidenced and/or secured by this
Agreement, the Loan Documents, or any other related documents, whether directly
or indirectly, as a debtor-in-possession or to a receiver or any other party
under any bankruptcy law, state or federal law, common law or equitable cause,
then the Liens created by the Loan Documents against the Stock and the portion
of the Indebtedness of the Company or such other liable person intended to have
been satisfied by such payment or proceeds hereunder, will be revived and will
continue in full force and effect as if such payment or proceeds had never been
received by Lender.

     

    (b)          If,
at any time following the transfer of Stock by Amerex to Lender or its designee
pursuant to this Agreement (i) the Company or any third-party creditor of the
Company undertakes any legal proceeding to rescind or set aside the conveyance
documents; (ii) any representation or warranty of Amerex contained herein shall
be untrue or Amerex should fail to comply with any covenant contained herein, or
(iii) the Stock, or any part thereof, must be returned by Lender for any reason,
including, without limitation, the insolvency, bankruptcy or reorganization of
the Company, Lender may, at its option, declare this Agreement to be null and
void by giving written notice to that effect to Amerex.  In such
event, Lender specifically reserves the right to exercise any right or remedy
which was available to Lender or exercisable by Lender prior to the execution of
this Agreement, including without limitation, any rights or remedies which
Lender may have as the holder of the Notes, the New Note and the Additional
Notes and any deeds of trust, mortgages or security agreements securing same,
including, without limitation, the right to commence foreclosure proceedings
pursuant to the Deeds of Trust; PROVIDED, HOWEVER, THAT THE LIMITATION PERIOD
FOR ANY SUCH FORECLOSURE, ENFORCEMENT OR EXERCISE OF OTHER REMEDY FOR PURPOSES
OF THE STATUTE OF LIMITATIONS SHALL NOT COMMENCE TO RUN UNTIL THE DATE UPON
WHICH LENDER DECLARES IN WRITING ITS DECISION TO DECLARE THIS AGREEMENT TO BE
NULL AND VOID AND OF NO FORCE AND EFFECT.

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    12.          Miscellaneous
Provisions:  The parties hereto further agree as
follows:

     

    (a)   This
Agreement shall be binding upon Amerex and Lender and shall inure to the benefit
of the heirs, successors, and assigns of the respective parties
hereto.

     

    (b)   Whenever
notice is required or permitted hereunder, it shall be deemed effective when
delivered by reputable overnight courier or mailed, certified mail, postage
prepaid, to the parties at the following addresses:

     

    
      
        	
                If
      to Amerex:

              	
                Amerex
      Companies, Inc.

              
	 
      	
                Attention:
      Steven K. Onody

              
	 
      	
                1105
      N. Peoria Avenue

              
	 
      	
                Tulsa,
      Oklahoma  74106

              
	 
      	
                Fax:  (918)
      599-0786

              
	 
      	 
      
	
                With
      a copy to:

              	
                Moyers,
      Martin, Santee & Imel, LP

              
	 
      	
                c/o
      James E. Martin

              
	 
      	
                401
      S. Boston Avenue, Suite 110

              
	 
      	
                Tulsa,
      Oklahoma  74103

              
	 
      	 
      
	
                If
      to Lender:

              	
                CAMOFI
      Master LDC

              
	 
      	
                c/o
      Centrecourt Asset Management LLC

              
	 
      	
                Attention:
      Michael Loew

              
	 
      	
                350
      Madison Avenue, 8th
      Floor

              
	 
      	
                New
      York, New York  10017

              
	 
      	
                Fax:
      (646) 758-6751

              
	 
      	 
      
	
                With
      a copy to:

              	
                Bryan
      Cave, LLP

              
	 
      	
                Attention:  Michael
      Royle

              
	 
      	
                1200
      Main Street, Suite 3500

              
	 
      	
                Kansas
      City, Missouri  64105

              
	 
      	
                Fax:  (816)
      374-3300

              

      

    

    

    (c)   Various
representations, warranties, acknowledgments and agreements contained herein and
in documents executed by Amerex in conjunction herewith shall not merge into the
Stock to be delivered hereunder, but shall survive such delivery;

     

    (d)   Except
as otherwise specifically provided herein to the contrary, Lender is not
assuming or accepting any liabilities with respect to the Stock and Amerex
hereby agrees to defend, hold harmless and indemnify Lender against any and all
claims, causes of action and liabilities which may be asserted or established
against Lender which are beyond the scope of its undertakings under this
Agreement.  No person not a party to this Agreement will be a third
party beneficiary or acquire any rights hereunder.

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    (e)   It
is expressly acknowledged by Amerex that all agreements, representations,
warranties and acknowledgments contained herein and in documents executed by
Amerex in conjunction herewith shall survive the closing of the transactions
contemplated by this Agreement and the delivery and recording of any and all
documents given pursuant thereto.  Notwithstanding anything contained
herein or elsewhere to the contrary, nothing contained herein shall preclude
Lender from exercising its rights and remedies for any breach of any such
representation, warranty, acknowledgment or covenant and/or agreement of
indemnification subsequent to closing.

     

    (f)   This
Agreement may be executed simultaneously in two or more counterparts, each of
which shall be deemed an original and all of which together shall constitute but
one and the same instrument.

     

    (g)   No
amendment to this Agreement shall be binding on either of the parties to this
Agreement unless such amendment is in writing and executed by both parties
hereto.

     

    (h)   This
Agreement and any claim, controversy or dispute arising under or related to this
Agreement, the relationship of the parties and/or the interpretation and
enforcement of the rights and duties of the parties, and all transactions
hereunder shall be governed by the laws of the State of New York, without giving
effect to its conflict of laws principles.  Amerex hereby agrees that
it shall bring any action, suit or proceeding (collectively, an “Action”), relating to or in
any manner whatsoever arising out of this Agreement, exclusively in the Federal
or state courts located in the Borough of Manhattan, New York, and that CAMOFI
may bring any Action in any jurisdiction it deems appropriate, and Amerex hereby
waives, to the maximum extent permitted by law, any objection, including any
objection based on forum non
conveniens, to the bringing of any such proceeding in such jurisdictions
or to any claim that such venue of the suit, action or proceeding is
improper.  Nothing in this paragraph shall affect or limit any right
to serve process in any other matter permitted by law.  If either
party shall commence an action or proceeding to enforce any provisions of this
Agreement, then the prevailing party in such action or proceeding shall be
reimbursed by the other party for its attorneys fees and other costs and
expenses incurred with the investigation, preparation and prosecution of any
such action or proceeding.

     

    (i)   TO THE MAXIMUM EXTENT PERMITTED BY
LAW, AMEREX AND LENDER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE
RIGHT TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED HEREON, ARISING OUT
OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT, THE STOCK, ANY OF THE DOCUMENTS
OF WHICH COPIES ARE ATTACHED AS EXHIBITS HERETO, ANY OTHER LOAN DOCUMENT, OR ANY
COURSE OF CONDUCT, COURSE OF DEALING, STATEMENT (WHETHER VERBAL OR WRITTEN) OR
ACTION OF EITHER PARTY OR ANY EXERCISE BY ANY PARTY OF THEIR RESPECTIVE RIGHTS
UNDER THIS AGREEMENT, THE STOCK, ANY OF THE DOCUMENTS OF WHICH COPIES ARE
ATTACHED AS EXHIBITS HERETO, ANY OTHER LOAN DOCUMENT OR IN ANY WAY RELATING TO
THE LOAN OR THE STOCK (INCLUDING, WITHOUT LIMITATION, ANY ACTION TO RESCIND OR
CANCEL THIS AGREEMENT, AND ANY CLAIM OR DEFENSE ASSERTING THAT THIS AGREEMENT
WAS FRAUDULENTLY INDUCED, COERCED OR IS OTHERWISE  VOID OR VOIDABLE).
THIS WAIVER IS A MATERIAL INDUCEMENT TO LENDER TO ENTER THIS
AGREEMENT.

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    IN WITNESS WHEREOF, the parties hereto
have executed this Agreement this 24 day of August, 2009.

    

    [signature
page to follow]

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    

    
      
        
          	
                  AMEREX
      COMPANIES, INC.

                
	 
      
	
                  /s/ Stephen K. Onody

                
	
                  By:

                	
                  Stephen
      K. Onody

                
	
                  Title:

                	
                  Interim
      CEO

                
	 
      	 
      
	
                  CAMOFI
      MASTER LDC

                
	 
      
	
                  /s/Michael Loew

                
	
                  By:

                	
                  Michael
      Loew

                
	
                  Title:

                	
                  General
      Counsel

                
	 
      	 
      
	
                  WES&A
      HOLDINGS, LLC

                
	 
      
	
                  /s/ Daniel J McLaughlin

                
	
                  By:

                	
                  Daniel
      J McLaughlin

                
	
                  Title:

                	
                  Manager

                

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
A

    

    STOCK
CERTIFICATE

    
      
         

      

      
        12Unassociated Document

    

      EMPLOYMENT
AGREEMENT

      

      This Employment Agreement
(“Agreement”), effective August 24, 2009, is entered into by and between
i2
Telecom International, Inc. (the “Employer”), a Washington
corporation, and its wholly-owned subsidiaries (the ‘Employer”), and
Richard
Roberson, 968
Condor Drive, Coppell, Texas 75019 (the “Employee”).

      

      WITNESSETH:

      

      WHEREAS, Employer is engaged
in the telecommunications technology and related businesses, including but not
limited to internet telecommunication services, hardware and software
development and sales, and information technology (the “Telecommunications
Technologies”); and conducts research, experimentation, development, and
exploitation of related technologies and engages in other businesses;
and

      

      WHEREAS, Employer desires to
employ Employee to serve as Chief Financial Officer of the
Employer, and Employee desires to be employed by Employer in such
capacities pursuant to the terms and conditions hereinafter set
forth.

      

      NOW THEREFORE, in
consideration of the foregoing and the mutual promises and covenants herein
contained, it is agreed as follows:

      

      1.           EMPLOYMENT:
DUTIES AND RESPONSIBILITIES

      

      Employer
hereby employs Employee as Chief Financial Officer of the
Employer.   Subject at all times to the direction of the
Chief Executive Officer of the Employer, Employee shall have direct
responsibility over all financial matters of the Employer.  Employee
will also perform other services and duties as the Chief Executive Officer
and/or Board of Directors shall determine.  Employee’s permanent job
site shall be in the Dallas/Ft. Worth, Texas area.  Employee shall
serve, by mutual consent, in such other positions and offices of the Employer
and its affiliates, if selected, without any additional
compensation.

      

      2.           FULL TIME
EMPLOYMENT

      

      Employee
hereby accepts employment by Employer, upon the terms and conditions contained
herein, and agrees that during the term of this Agreement the Employee shall
devote substantially all of his business time, attention, and energies to the
business of the Employer. Employee, during the term of this Agreement, will not
perform any services for any other business entity, whether such entity conducts
a business which is competitive with the business of Employer or is engaged in
any other business activity; provided, however, that nothing herein contained
shall be construed as (a) preventing Employee from investing his personal assets
in any business or businesses which do not compete directly or indirectly with
the Employer, provided such investment or investments do not require any
services on his part in the operation of the affairs of the entity in which such
investment is made and in which his participation is solely that of an investor,
(b) preventing Employee from purchasing securities in any corporation whose
securities are regularly traded, if such purchases shall not result in his
owning beneficially, at any time, more than 5% of the equity securities
of any corporation engaged in a business which is competitive, directly or
indirectly, to that of Employer, or (c) preventing Employee from engaging in any
other activities, if he receives the prior written approval of the Board of
Directors of Employer with respect to his engaging in such
activities.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      3.           RECORDS

      

      In
connection with his engagement hereunder, Employee shall accurately maintain and
preserve all notes and records generated by Employer which relate to Employer
and its business and shall make all such reports, written if required, as
Employer may reasonably require.

      

      4.           TERM

      

      Employee’s
employment hereunder shall be for a single twelve month period (the “Initial
Term”), to commence on August 24, 2009 and end twelve months from the date of
this Agreement.  Thereafter, the Employer may elect to extend
employment to Employee for one or more additional twelve-month periods (the
“Subsequent Term”), commencing twelve months from the date hereof.  A
twelve-month period shall be deemed a Contract Year.  For all
compensation and benefit purposes, other than those specifically addressed
herein, the Employee shall be deemed to have been continually employed with the
Employer from August 24, 2009.

      

      5.           SALARY

      

      As full
compensation (“Base Salary”) for the performance of his duties on behalf of
Employer, Employee shall be compensated as follows:

      

      (i)           Base Salary.
Employer, during the Initial Term hereof, shall pay Employee a base salary at
the rate of Fifteen Thousand, Eight Hundred and Thirty-Three Dollars and 33/100
($15,833.33)
per month, payable semi-monthly commencing on the date hereof.

      

      (ii)           Annual Bonus. In
addition to the Base Salary, Employee will be eligible for an annual performance
bonus in an amount up to fifty percent (50%) of Base Salary, to be payable upon
achievement of performance goals and objectives to be mutually agreed upon by
the Employee and the Employer’s Board of Directors in advance of the relevant
performance period.

      

      (iii)           Other Meritorious
Adjustments. The Employer’s Board of Directors may, in their sole
discretion, consider other meritorious adjustments in compensation, or a bonus,
under appropriate circumstances, including the conception of valuable or unique
inventions, processes, discoveries or improvements capable of profitable
exploitation.

      

      
        	
                 
      

              	
                6.

              	
                EQUITY

              

      

      

      (i)           Incentive Stock
Options. Employee shall be eligible to receive options, under Employer’s
i2 Telecom International, Inc. Incentive Stock Option Plan (the “ISO Plan”)
during the Term of this Agreement as determined by the Employer’s Board of
Directors from time to time.

       

      
        
           

        

        
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      (ii)           Change of
Control.  In the event of a merger, acquisition or sale
transaction by the Employer which causes a Change of Control of the Employer
(“the Trigger Event”), any stock options or similar securities held beneficially
by the Employee shall automatically become fully vested.  For
purposes of this Section 6, Change of Control shall mean the occurrence of any
of the following events:  (i) a majority of the outstanding voting
stock of Employer shall have been acquired or beneficially owned by any person
(other than Employer or a subsidiary of Employer) or any two or more persons
acting as a partnership, limited partnership, syndicate or other group, entity
or association acting in concert for the purpose of voting, acquiring, holding,
or disposing of voting stock of Employer; or (ii) a merger or a consolidation of
Employer with or into another corporation, other than (A) a merger or
consolidation with a subsidiary of Employer, or (B) a merger or consolidation in
which the holders of voting stock of Employer immediately prior to the merger as
a class hold immediately after the merger at least a majority of all outstanding
voting power of the surviving or resulting corporation or its parent; or (iii) a
statutory exchange of shares of one or more classes or series of outstanding
voting stock of Employer for cash, securities, or other property, other than an
exchange in which the holders of voting stock of Employer immediately prior to
the exchange as a class hold immediately after the exchange at least a majority
of all outstanding voting power of the entity with which Employer stock is being
exchanged; or (iv) the sale or other disposition of all or substantially all of
the assets of Employer, in one transaction or a series of transactions, other
than a sale or disposition in which the holders of voting stock of Employer
immediately prior to the sale or disposition as a class hold immediately after
the exchange at least a majority of all outstanding voting power of the entity
to which the assets of Employer are being sold; or (v) the liquidation or
dissolution of Employer.

      

      (iii) In
the event the Employee is terminated by Employer subsequent to a merger,
acquisition or sale transaction by the Employer causing the Trigger Event, then
any stock, options or similar securities held beneficially by the Employee shall
automatically become 100% vested and the Employee shall be entitled to an
additional number of options equal to 30% of the Employee’s total ISO Plan
position at the time of the Trigger Event.  Such additional shares
shall be priced at the then prevailing value of the Common Stock vested as
determined by the Employer’s Board of Directors

      

      7.           BUSINESS
EXPENSES

      

      The
Employer also shall reimburse the Employee for all business expenses incurred by
Employee in the performance of his duties hereunder including, but not limited
to, travel on business, attending technical and business meetings, professional
activities, and customer entertainment, such reimbursement to be made in
accordance with regular Employer policy and within a reasonable period following
Employee’s presentation of the details of, and proof of, such
expenses.

      

      8.           FRINGE
BENEFITS

      

      (i)           During
the term of this Agreement, Employer shall provide to Employee, at its sole
expense, hospitalization, major medical, life insurance and other fringe
benefits on the same terms and conditions as it shall afford other senior
management employees. Nothing herein shall require Employee to obtain or
maintain such coverage.

       

      
        
           

        

        
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      (ii)           During
the term of this Agreement, Employer shall provide paid vacation, to Employee,
which accrues from the date of execution of this Agreement. The annual paid
vacation earned for each Contract Year is: (i) three (3) weeks per Contract Year
for the first three (3) Contract Years of full-time employment; (ii) four (4)
weeks per Contract Year for more than three (3) and up to seven (7) Contract
Years of full-time employment; and (iii) five (5) weeks per Contract Year
for more than seven (7) Contact Years of full-time employment.

      

      9.           SUBSIDIARIES

      

      For the
purposes of this Agreement all references to business products, services and
sales of Employer shall include those of Employer’s affiliates.

      

      10.           INVENTORIES:
SHOP RIGHTS

      

      All
systems, inventions, discoveries, apparatus, techniques, methods, know-how,
formulae or improvements made, developed or conceived by Employee during
Employee’s employment by Employer, whenever or wherever made, developed or
conceived, and whether or not during business hours, which constitute an
improvement, on those heretofore, now or at any during Employee’s employment,
developed, manufactured or used by Employer in connection with the manufacture,
process or marketing of any product heretofore or now or hereafter developed or
distributed by Employer, or any services to be performed by Employer or of any
product which shall or could reasonably be manufactured or developed or marketed
in the reasonable expansion of Employer’s business, shall be and continue to
remain Employer’s exclusive property, without any added compensation or any
reimbursement for expenses to Employee, and upon the conception of any and every
such invention, process, discovery or improvement and without waiting to perfect
or complete it, Employee promises and agrees that Employee will immediately
disclose it to Employer and to no one else and thenceforth will treat it as the
property and secret of Employer.

      

      Employee
will also execute any instruments requested from time to time by Employer to
vest in it complete title and ownership to such invention, discovery or
improvement and will, at the request of Employer, do such acts and execute such
instrument as Employer may require, but at Employer’s expense to obtain Letters
of Patent, trademarks or copyrights in the United States and foreign countries,
for such invention, discovery or improvement and for the purpose of vesting
title thereto in Employer, all without any reimbursement for expenses (except as
provided in Section 5 or otherwise) and
without any additional compensation of any kind to Employee.

       

      11.           CONFIDENTIAL
INFORMATION and TRADE SECRETS

      

      (i)           All
Confidential Information shall be the sole property of
Employer.  Employee will not, during the period of his employment and
for a period ending two years after termination of his employment for any
reason, disclose to any person or entity or use or otherwise exploit for
Employee’s own benefit or for the benefit of any other person or entity any
Confidential Information which is disclosed to Employee or which becomes known
to Employee in the course of his employment with Employer without the prior
written consent of an officer of Employer except as may be necessary and
appropriate in the ordinary course of performing his duties to Employer during
the period of his employment with Employer. For purposes of this Section 11(a),
“Confidential Information” shall mean  any data or information
belonging to Employer, other than Trade Secrets, that is of value to Employer
and is not generally known to competitors of Employer or to the public, and is
maintained confidential by Employer, including but not limited to non-public
information about Employer’s clients, executives, key contractors and other
contractors and information with respect to its products, designs, services,
strategies, pricing, processes, procedures, research, development, inventions,
improvements, purchasing, accounting, engineering and marketing (including any
discussions or negotiations with any third parties).  Notwithstanding
the foregoing, no information will be deemed to be Confidential Information
unless such information is treated by Employer as confidential and shall not
include any data or information of Employer that has been voluntarily disclosed
to the public by Employer (except where such public disclosure has been made
without the authorization of Employer), or that has been independently developed
and disclosed by others, or that otherwise enters the public domain through
lawful means.

      
        
           

        

        
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      (ii)           All
Trade Secrets shall be the sole property of Employer. Employee agrees that
during his employment with Employer and after its termination, Employee will
keep in confidence and trust and will not use or disclose any Trade Secret or
anything relating to any Trade Secret, or deliver any Trade Secret, to any
person or entity outside Employer without the prior written consent of an
officer of Employer.  For purposes of this Section 11(b), “Trade
Secrets” shall mean any scientific, technical and non-technical data,
information, formula, pattern, compilation, program, device, method, technique,
drawing, process, financial data, financial plan, product plan or list of actual
or potential customers or vendors and suppliers of Employer or any portion or
part thereof, whether or not copyrightable or patentable, that is of value to
Employer and is not generally known to competitors of Employer or to the public,
and whose confidentiality is maintained, including unpatented and un-copyrighted
information relating to Employer’s products, information concerning proposed new
products or services, market feasibility studies, proposed or existing marketing
techniques or plans and customer consumption data, usage or load data, and any
other information that constitutes a trade secret, as such term as defined in §
10-1-761 of the Official Code of Georgia Annotated, in each case to the extent
that Employer, as the context requires, derives economic value, actual or
potential, from such information not being generally known to, and not being
readily ascertainable by proper means by, other persons or entities who can
obtain economic value from its disclosure or use.

      

      12.           NON-SOLICITATION
OF EMPLOYEES

      

      During
the term of Employee’s employment and for one year thereafter, Employee will not
cause or attempt to cause any employee of Employer to cease working for Employer
to retain employment with another employer that is a competitor of
Employer’s.  However, this obligation shall not affect any
responsibility Employee may have as an employee of Employer with respect to the
bona fide hiring and firing of Employer’s personnel.

      

      
        	
                 
      

              	
                13.

              	
                NON-SOLICITATION
      OF CUSTOMERS AND PROSPECTIVE
CUSTOMERS

              

      

      

      Employee
will not, during the period of his employment and for a period ending two years
after the termination of his employment for any reason, directly or indirectly,
solicit the business of any customer for the purpose of, or with the intention
of, selling or providing to such customer any product or service in competition
with any product or service sold or provided by Employer during the 12 months
immediately preceding the termination of Employee’s employment with Employer;
provided that the provisions contained in this Section 13 shall apply only to a
customer who is or was during the 12 months immediately preceding the
termination of Employee’s employment with Employer either (a) a customer of
Employer, with whom Employee had material contact and/or whom Employee serviced
in his role as an employee of Employer or (b) a prospective customer of
Employer, with whom Employee had material contact and/or whom
he  serviced in his role as an employee of Employer.

       

      
        
           

        

        
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      14.           NON-COMPETITION

      

      Employee
agrees that during his employment with Employer, Employee will not engage in any
employment, business, or activity that is in any way competitive with the
business or proposed business of Employer, and Employee will not assist any
other person or organization in competing with Employer or in preparing to
engage in competition with the business or proposed business of Employer. The
provisions of this paragraph shall apply both during normal working hours and at
all other times including, without limitation, nights, weekends and vacation
time, while Employee is employed with Employer.

      

      15.           TERMINATION

      

      Employee’s
employment with Employer may be terminated as follows:

       

      (a)                 Termination Without Just
Cause.

       

      (i)           Employer,
in its sole discretion, may terminate Employee’s employment hereunder for any
reason without Just Cause (as defined below), at any time, by giving written
notice to Employee. If Employer terminates Employee’s employment hereunder
without Just Cause Employer shall have no liability to Employee except to pay
the Continued Benefits for the Continuation Period as defined
below.

       

      (ii)           If
Employer terminates Employee’s employment hereunder without Just Cause Employer
shall continue to pay to Employee his then-current base salary, plus accrued but
unpaid vacation time, accrued but unpaid benefits and reimbursement of all
unpaid business expenses (in each case, as of the date of termination)
(collectively the “Continued Benefits”) for a period of six months (the
“Continuation Period”).Employee shall be entitled to continued participation in
all medical and disability plans, to the extent such plans are provided by
Employer, at the same benefit level at which he was participating on the date of
termination of the Employee’s employment until the expiration of the
Continuation Period.

       

      (b)           Termination With Just
Cause.

       

      (i)           Employer
may immediately terminate Employee’s employment hereunder for Just Cause (as
defined below) at any time upon delivery of written notice to
Employee.

       

      (ii)           For
purposes of this Agreement, the phrase “Just Cause” means: (A) Employee’s
material fraud, gross malfeasance, gross negligence, or willful misconduct done
in bad faith, with respect to Employer’s business affairs; (B) Employee’s
refusal or repeated failure to follow Employer’s established reasonable and
lawful policies of Employer; (C) Employee’s material breach of this Agreement;
or (D) Employee’s conviction of a felony or crime involving moral turpitude.  A termination of
Employee for Just Cause based on clause (A), (B) or (C) of the preceding
sentence will take effect 30 days after Employee receives from Employer written
notice of its intent to terminate Employee’s employment and Employer’s
description of the alleged cause, unless Employee, in the good-faith opinion of
Employer, during such 30-day period, remedies the events or circumstances
constituting Just Cause.

       

      
        
           

        

        
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      (iii)           If
Employee’s employment hereunder is terminated by Employer for Just Cause,
Employer will be required to pay to Employee only that portion of his Base
Salary, accrued vacation, and to the extent required under the terms of any
benefit plan or this Agreement, the vested portion of any benefit under such
plan, all as earned through the date of termination.

       

      (c)                 For Good
Reason.

       

      (i)           Employee
may terminate employment hereunder For Good Reason (as defined below), at any
time, by giving written notice to Employer of such intent at least 30 days in
advance of the effective date of termination.

       

      (ii)           For
purposes of this Agreement, the phrase “For Good Reason” means (A) any material
reduction in duties, responsibility, position or compensation; (B) Employer’s
material breach of this Agreement; (C) relocation of Employee’s permanent job
site outside of the Dallas/ Ft. Worth, Texas area; or (D) Employer’s refusal or
failure to establish and follow lawful policies and practices.

       

      (iii)           If
Employee terminates employment hereunder For Good Reason, Employer shall
continue to pay to Employee the Continued Benefits for the Continuation
Period.  Employee shall be entitled to continued participation in all
medical and disability plans, to the extent such plans are provided by Employer,
at the same benefit level at which he was participating on the date of
termination of the Employee’s employment until the expiration of the
Continuation Period.

       

      (d)                 Disability and
Death.

       

      Employee’s
employment hereunder will be terminated immediately upon his disability (as
determined for purposes of Employer’s long-term disability plan) or his
death.  If Employee’s employment is terminated due to such disability
or death, Employer will be required to pay to Employee or Employee’s estate, as
the case may be, in addition to the amounts payable under Employer’s short-term
and long-term disability plans or life insurance plans (as applicable), only his
base salary and accrued vacation, earned through the date of termination, and to
the extent required under the terms of any benefit plan or this Agreement, the
vested portion of any benefit under such plan.  Employee or Employee’s
estate, as the case may be, will not by operation of this provision forfeit any
rights in which Employee is vested at the time of Employee’s disability or
death.

       

      16.           INJUNCTION

      

      (i)           Should
Employee at any time reveal, or threaten to reveal, any such secret knowledge or
information, or during any restricted period engage, or threaten to engage, in
any business in competition with that of Employer, or perform, or threaten to
perform, any services for anyone engaged in such competitive business, or in any
way violate, or threaten to violate, any of the provisions of this Agreement,
Employer shall be entitled to an injunction restraining Employee from doing, or
continuing to do, or performing any such acts; and Employee hereby consents to
the issuance of such an injunction.

      
        
           

        

        
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      (ii)           In
the event that a proceeding is brought in equity to enforce the provisions of
this Paragraph, Employee shall not argue as a defense that there is an adequate
remedy at law, nor shall Employer be prevented from seeking any other remedies
which may be available.

      

      (iii)           The
existence of any claim or cause of action by Employer against Employee, or by
Employee against Employer, whether predicated upon this Agreement or otherwise,
shall not constitute a defense to the enforcement by Employer of the foregoing
restrictive covenants but shall be litigated separately.

      

      17.           ARBITRATION

      

      (i)           In
the event that there shall be a dispute (a “Dispute”) among the parties arising
out of or relating to this Agreement, or the breach thereof, the parties agree
that such dispute shall be resolved by final and binding arbitration before a
single arbitrator in Dallas, Texas, administered by the American Arbitration
Association (the “AAA”), in accordance with AAA’s Employment ADR
Rules.  The arbitrator’s decision shall be final and binding upon the
parties, and may be entered and enforced in any court of competent jurisdiction
by either of the parties.  The arbitrator shall have the power to
grant temporary, preliminary and permanent relief, including without limitation,
injunctive relief and specific performance.

      

      (ii)           The
Employer will pay the direct costs and expenses of the arbitration, including
arbitration and arbitrator fees.  Except as otherwise provided by
statute, Employee and the Employer are responsible for their respective
attorneys’ fees incurred in connection with enforcing this
Agreement.  Employee and the Employer agree that, to the extent
permitted by law, the arbitrator may, in his or her discretion, award reasonable
attorneys’ fees to the prevailing party.

      

                 18.           MISCELLANEOUS

      

      If any
provision of this Agreement shall be declared, by a court of competent
jurisdiction, to be invalid, illegal or incapable of being enforced in whole or
in part, the remaining conditions and provisions or portions thereof shall
nevertheless remain in full force and effect and enforceable to the extent they
are valid, legal and enforceable, and no provision shall be deemed dependent
upon any covenant or provision so expressed herein.

      

      The
parties hereto have made no agreements, representations or warranties relating
to the subject matter of this Agreement which are not set forth herein. The
provisions of this Agreement may not be amended, supplemented, waived, or
changed orally, but only in writing and signed by the party as to whom
enforcement of any such amendment, supplement, waiver, or modification is sought
and making specific reference to this Agreement.

       

      
        
           

        

        
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      The
rights, benefits, duties and obligations under this Agreement shall inure to,
and be binding upon, the Employer, its successors and assigns, and upon the
Employee and his legal representatives, heirs and legatees. This Agreement
constitutes a personal service agreement, and the performance of the Employee’s
obligations hereunder may not be transferred or assigned by the
Employee.

      

      The
failure of either party to insist upon the strict performance of any of the
terms, conditions and provisions of this Agreement shall not be construed as a
waiver or relinquishment of future compliance therewith, and said terms,
conditions and provisions shall remain in full force and effect. No waiver of
any term or condition of this Agreement, on the part of either party, shall be
effective for any purpose whatsoever unless such waiver is in writing and signed
by such party.

      

      This
Agreement shall be construed and governed by the laws of the State of
Texas.

      

      IN WITNESS WHEREOF, this
employment agreement is dated as of August 24, 2009.

      

      
        	 
      	
                On
      behalf of Employer:

              
	 
      	 
      
	 
      	
                i2
      TELECOM INTERNATIONAL, INC.

              
	 
      	 
      
	 
      	 
      
	 
      	 
      
	 
      	
                By:
      /s/ Chris R. Miltenberger

              
	 
      	 
      
	 
      	
                Name:
      Chris R. Miltenberger

              
	 
      	 
      
	 
      	
                Position:  President

              
	 
      	 
      
	 
      	 
      
	 
      	 
      
	 
      	 
      
	 
      	
                By:
      /s/ Richard Roberson

              
	 
      	
                Richard
      Roberson, Employee

              

      

       

      
        
           

        

        
          9

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