Document:

Exhibit
      10.98

    

    CONSULTING
      AGREEMENT

    

    This
      Consulting Agreement ("Agreement") is entered into on March 28, 2007, to be
      effective as of January 1, 2007, by and between Xfone,
      Inc.,
      a
      Nevada corporation (the "Company") and Abraham
      Keinan
      (the
      "Consultant").

    

    WHEREAS,
      the
      Consultant has been the Chairman of the Board of Directors of the Company (the
      "Board") since the inception of the Company, and is a major shareholder of
      the
      Company; and

    

    WHEREAS,
      the
      Consultant has expertise in the areas of telecommunication, corporate
      management, finance, investment, mergers and acquisitions, product and service
      strategy, and other areas relating to the business of the Company;
      and

    

    WHEREAS,
      the
      Company desires to avail itself of the expertise of the Consultant in the
      aforesaid areas, in which it acknowledges the expertise of the
      Consultant.

    

    NOW,
      THEREFORE,
      in
      consideration of the foregoing recitals and other good and valuable
      consideration, the Company and the Consultant do hereby agree as
      follows:

    

    APPOINTMENT

    

    
      	1.  	
              The
                Company hereby appoints the Consultant to render the advisory and
                consulting services described below in Section 4 of this Agreement
                (the
                "Services") during the effective term of this Agreement.
                

            

    

    

    
      	2.  	
              In
                connection with the provision of the Services pursuant to this Agreement,
                the Consultant shall report directly and only to the
                Board.

            

    

    

    
      	3.  	
              It
                is hereby clarified that nothing in this Agreement, including in
                the
                provision of the Services under it, shall derogate from, or conflict
                with,
                any duties and/or responsibilities and/or authority under and/or
                pursuant
                to the Articles of Incorporation and/or the Bylaws of the Company
                and/or
                any rules and/or regulations and/or guidelines of the AMEX and/or
                the TASE
                (and/or any other applicable stock exchange) and/or any rules and/or
                regulations and/or guidelines of the U.S. SEC and/or the ISA (and/or
                any
                other applicable securities commission or authority) and/or the laws
                of
                the state of Nevada and/or any other law and/or act and/or regulation
                that
                applies and/or shall apply to the Consultant due to his position
                as the
                Chairman of the Board. 

            

    

    

    SERVICES

    

    
      	4.  	
              During
                the effective term of this Agreement, the Consultant shall render
                the
                Company advisory, consulting and other services in relation to the
                business and operations of the Company (excluding its business and
                operations in the United Kingdom), including, without limitation
                in the
                areas set forth above in the foregoing
                recitals.

            

    

     

    
      	5.  	
              The
                Consultant undertakes to faithfully serve the Company and to use
                his best
                efforts to promote the Company’s
                interests.

            

    

     

    
      	6.  	
              During
                the effective term of this Agreement, the Consultant shall not be
                allowed
                to provide advisory or consulting services, substantially similar
                to the
                Services, to any telecommunication company, other than the Company
                (and
                its subsidiaries and affiliates), or to any individual who acts in
                the
                field of telecommunication, unless the provision of such advisory
                and/or
                services was pre-approved by the Board. Such Board approval shall
                be
                subject to the prior recommendation of the Audit Committee of the
                Company
                (the "Audit Committee"). Nothing in this Section shall derogate form
                Section 19 of this Agreement. 

            

    

    FEES,
      BONUSES AND OPTIONS

    

    
      	7.  	
              In
                consideration of the performance of the Services pursuant to this
                Agreement, the Company shall pay the Consultant a monthly fee of
                Ten
                Thousand British Pounds (£10,000) (the "Fee"). The Consultant shall
                invoice the Company at the end of each calendar month and the Company
                shall make the monthly payment immediately upon receiving such invoice.
                

            

    

    

          
      Once a calendar year, and no later than December 15, the Board shall consider
      approving an increase to the Fee. Such Board approval shall be subject to the
      prior review, oversight and recommendation to the Board of both the Audit
      Committee and the Compensation Committee of the Company (the "Compensation
      Committee"). However, in the event the Company has not established a
      Compensation Committee, the review, oversight and recommendation to the Board
      of
      the Audit Committee shall suffice. In connection with the performance of this
      paragraph, the Audit Committee, the Compensation Committee and the Board shall
      take into account, among other factors, growth in the Company’s revenues and/or
      profits.

     

    
      	8.  	
              The
                Board shall, from time to time, and not less than once a calendar
                year,
                consider approving a grant of success bonus to the Consultant (the
                "Bonus"). Such Board approval shall be subject to the prior review,
                oversight and recommendation to the Board of both the Audit Committee
                and
                the Compensation Committee. However, in the event the Company has
                not
                established a Compensation Committee, the review, oversight and
                recommendation to the Board of the Audit Committee shall suffice.
                In
                connection with the performance of this Section, the Audit Committee,
                the
                Compensation Committee and the Board shall take into account, among
                other
                factors, growth in the Company’s revenues and/or profits and/or successful
                completion of transactions or activities by the Company (such as,
                but not
                limited to, reorganization, mergers, acquisitions, capital raisings
                and
                cost cuts). 

            

    

    

           
      It is hereby clarified that any Board member, except the Consultant, may, at
      any
      time and from time to time, initiate a Bonus grant to the Consultant, and that
      in such an event the approving process contemplated by this Section shall be
      set
      in motion.

    

    
      	9.  	
              Immediately
                upon the establishment by the Company of any new stock option or
                purchase
                plan or other equity compensation arrangement pursuant to which options
                or
                stock may be acquired by officers, directors, employees, or consultants
                of
                the Company (collectively, "Plan"), the Board shall consider approving
                a
                grant of an appropriate amount of options (or any other applicable
                rights)
                under the Plan to the Consultant. Such Board approval shall be subject
                to
                the prior review, oversight and recommendation to the Board of both
                the
                Audit Committee and the Compensation Committee. However, in the event
                the
                Company has not established a Compensation Committee, the review,
                oversight and recommendation to the Board of the Audit Committee
                shall
                suffice. 

            

    

     

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

     

     

    EXPENSES

    

    
      	10.  	
              In
                addition to the Fee and the Bonus, the Company shall pay directly
                and/or
                reimburse the Consultant for the Consultant's
                Expenses.

            

    

    

           
      For the purposes of this Agreement, the term "Expenses" shall mean any and
      all
      amounts actually paid by the Company and/or by the Consultant, and/or to be
      paid
      by the Company at the Consultant’s direction, including, without limitation (i)
      costs associated with telecommunication services and products, and (ii) costs
      associated with transportation and/or travel (including, but not limited to,
      by
      plane, train, rented car and taxi) and/or accommodation (including, but not
      limited to, at rented flats and hotels) and/or any other board and lodging
      expenses (including, but not limited to, food, restaurants and entertainment)
      which were and/or will be incurred in connection with the performance of the
      Services pursuant to this Agreement. 

    

    
      	11.  	
              The
                Company acknowledges that in order to render the Services pursuant
                to this
                Agreement, the Consultant may be required to travel frequently around
                the
                world. Therefore, in order to enable the Consultant a normal family
                life
                the Company shall bear Expenses which are related to the Consultant's
                spouse. 

            

    

    

    
      	12.  	
              In
                connection with the performance of Section 10 of to this Agreement,
                the
                Consultant shall hold and use, in his sole discretion, credit cards
                in the
                name of the Company (the "Credit Cards").

            

    

    

           
      It is hereby clarified that due to the Consultant's position with the Company
      (i.e. Chairman of the Board) the Consultant may from time to time use the Credit
      Cards to make certain Company payments and pay certain Company
      expenses.

    

    
      	13.  	
              All
                reimbursements of Expenses shall be made promptly upon, or as soon
                as
                practicable after presentation by the Consultant to the Company of
                the
                statement in connection therewith.

            

    

    

    TERMINATION

    

    
      	14.  	
              This
                Agreement shall be in effect for an initial fixed term of five (5)
                years,
                beginning on January 1, 2007 (the "Initial Effective Term"), and
                thereafter, unless terminated as provided below, shall automatically
                be
                renewed for additional terms of three (3) years (each, an "Additional
                Effective Term").

            

    

    

           
      Notwithstanding the foregoing, each of the Company and the Consultant shall
      have
      the right to terminate the automatic renewal of this Agreement, for any reason
      whatsoever, by a termination notice in writing, to be provided to the other
      party not less than six (6) months prior to: (i) the expiration of the Initial
      Effective Term, or (ii) the expiration of any Additional Effective Term (the
      "Notice Period").

    

           
      Notwithstanding the foregoing, as long as the Consultant shall command and/or
      control, directly and/or indirectly, including together with others (as well
      as
      pursuant to that certain Voting Agreement dated September 28, 2004, by and
      among
      the Consultant, Guy Nissenson and Campbeltown Business Ltd.) and/or by proxies,
      fifteen percent (15%) or more of the voting rights of the Company, if the
      Company shall choose to exercise its right to terminate the automatic renewal
      of
      this Agreement, the Notice Period shall be of not less than twelve (12)
      months.

     

    
      	15.  	
              Notwithstanding
                the foregoing, the Consultant shall have the right to terminate this
                Agreement, for any reason whatsoever, and at any time, including
                during
                the Initial Effective Term ("Early Termination by the Consultant").
                

            

    

    

           
      In the event of Early Termination by the Consultant, the Notice Period shall
      be
      of not less than eight (8) months. 

    

           
      In order to remove doubt, in the event of Early Termination by the Consultant,
      the entitlement of the Consultant to the Fee and the Bonus shall be void
      immediately upon the termination of this Agreement, and his rights shall be
      as
      set forth in the Severance Agreement (as defined below in Section 17).

    

    
      	16.  	
              It
                is hereby clarified that the Notice Period shall constitute a part
                of the
                effective term of this Agreement. Without prejudice to the generality
                of
                the above, during the Notice Period the Company and the Consultant
                shall
                continue to perform this Agreement, and their mutual rights and
                obligations under this Agreement shall not be affected, in any manner
                whatsoever, by the termination notice.

            

    

    

    SEVERANCE
      AGREEMENT 

    

    
      	17.  	
              No
                later than June 30, 2007, the Company and the Consultant shall enter
                into
                a severance agreement providing for an appropriate severance package
                for
                the Consultant (the "Severance Agreement"). The Severance Agreement
                shall,
                inter alia, cover events of termination of the automatic renewal
                of this
                Agreement by the Company or the Consultant, termination of this Agreement
                by the Consultant, and scheduled retirement by the Consultant.
                

            

    

    

    WORK
      PRODUCT 

    

    
      	18.  	
              All
                work product created by the Consultant in connection with the Services
                shall be "work for hire", and the Company shall be the sole rightful
                owner
                under U.S. intellectual property laws, free and clear of all claims
                of
                ownership or otherwise (including the Consultant's). The Consultant
                will
                do any and all things, and execute any and all documents as may be
                appropriate to achieve the objectives of this Section.
                

            

    

    

    NON-COMPETE

    

    
      	19.  	 

    

    
      	a.  	
              The
                Consultant shall not, directly or indirectly, compete with the Company
                (including its subsidiaries and affiliates) and its successors and
                assigns
                during the effective term of this Agreement and for a period of six
                (6)
                months following its termination, for any reason whatsoever.
                

            

    

    

          
      The term "not compete" as used herein shall mean, inter alia, that the
      Consultant shall not own, manage, operate, consult or be employed in a business
      substantially similar to, or competitive with, the present business of the
      Company (including its subsidiaries and affiliates) or such other business
      activity in which the Company (including its subsidiaries and affiliates) may
      substantially engage during the effective term of this Agreement.

    

    
      	b.  	
              During
                the effective term of this Agreement and for a period of six (6)
                months
                following its termination, for any reason whatsoever, the Consultant
                will
                neither solicit nor employ any Company employee to engage in a competing
                business, nor solicit the business of any client of the Company or
                prospective client of the Company with respect to whom the Company
                has
                conducted an on-site
                macro-assessment.

            

    

    

    CONFIDENTIALITY

    

    
      	20.  	
              The
                Consultant shall treat as confidential any and all Confidential
                Information related, directly or indirectly, to the Company (including
                its
                subsidiaries and affiliates), and shall not use and/or disclose and/or
                disseminate Confidential Information for purposes other than providing
                the
                Services pursuant to this Agreement.

            

    

    

           
      For purposes of this Agreement, "Confidential Information" shall include,
      but not be limited to, any and all information of a confidential and/or
      proprietary nature which relates to the business, activities, technology,
      products, services, marketing, research and financials of the Company (including
      its subsidiaries and affiliates). The provisions of this Section shall survive
      the termination of this Agreement.

    

    MISCELLANEOUS

    

    
      	21.  	 

    

    
      	a.  	
              This
                Agreement and the rights and/or obligations of the parties hereunder
                may
                not be assigned without the prior written consent of both the Company
                and
                the Consultant. 

            

    

    

    
      	b.  	
              This
                Agreement shall inure to the benefit of, and be binding upon, the
                Company
                and the Consultant, and their respective successors and assigns.
                

            

    

    

    
      	c.  	
              No
                amendment or waiver of any provision of this Agreement, or consent
                to any
                departure by either party from any such provision, shall be effective
                unless the same shall be in writing and signed by the parties to
                this
                Agreement, and, in any case, such amendment, waiver or consent shall
                be
                effective only in the specific instance and for the specific purpose
                for
                which it was given.

            

    

    

    
      	d.  	
              This
                Agreement shall constitute the entire agreement between the parties
                with
                respect to the subject matter hereof, and shall supersede all previous,
                oral and/or written, negotiations, commitments, understandings and
                agreements relating to the subject matter
                hereto.

            

    

    

    
      	e.  	
              This
                Agreement shall be governed by, construed and enforced in accordance
                with
                the laws of the State of New York, without regard to choice of law
                principles. Each of the parties hereby irrevocably and unconditionally
                consents to submit to the exclusive jurisdiction of the courts of
                the
                State of New York, located in the County of New York, in any action
                or
                proceeding arising out of or relating to this Agreement.
                

            

    

    

    

    
      
         

        

        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the
      parties have caused this Agreement to be executed and delivered as of the date
      set forth above.

    

    
      	 	 	 
	 	Xfone,
              Inc.
	 
 	 
 	 
 
	 	By:  	/s/ Itzhak
              Almog 
	 	
              

            
	 	
              Director
                and 

              Chairman of the Audit Committee

            

      	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Abraham
              Keinan
	 	
              

            
	 	 

    

     

    

    
      
        
        

      

      
        -3-Employment Agreement, dated March 28, 2007, between Swiftnet Limited and Guy
      Nissenson.

    Exhibit
      10.99

    

    28
      March
      2007 

    

    Mr.
      Guy
      Nissenson 

    3A
      Finchley Park

    London
      N12 9JS

    United
      Kingdom

    

    Dear
      Mr.
      Nissenson:

    

    Re:
      Your
      Employment Agreement

    

    I
      am
      writing to confirm the terms of your engagement by Swiftnet Limited (the
      "Company"). The terms of your engagement are as follows:

    

    
      	
              1.

            	
              You
                are employed as the Director of Business Development of the Company
                ("Director of BD"). You will report directly and only to the Board
                of
                Directors of the Company and its Chairman. The corporate offices
                of the
                Company are located at Britannia House, 960 High Road, London N12
                9RY,
                United Kingdom; however you will be allowed to fulfil your
                responsibilities at any other location you may deem appropriate.
                You will
                be required to travel within the United Kingdom and abroad to the
                extent
                necessary properly to fulfil your responsibilities.
                

            

    

    

    
      	
              2.

            	
              You
                shall have no normal hours of work but are required to devote such
                time to
                your work as is necessary for the proper performance of your duties
                under
                this Agreement. We acknowledge that you also have a Consulting Agreement
                with the Company’s ultimate parent company, Xfone, Inc. ("Xfone"); that a
                significant portion of your working time is therefore devoted to
                Xfone;
                and that in carrying out your engagement as Director of BD you shall
                in
                all respects comply with the directions and regulations from time
                to time
                given or made by the Board of Directors of Xfone. In any event of
                conflict, the directions and regulations given to you by the Board
                of
                Directors of Xfone shall prevail. 

            

    

    

    3.          
       This
      Agreement shall be in effect for an initial fixed term of five (5) years,
      beginning on 1 January 2007 (the "Initial Effective Term"), and thereafter
      shall
      automatically be renewed for additional terms of three (3) years (each, an
      "Additional Effective Term"). 

    

                   
      Notwithstanding the foregoing, each of the Company and you shall have the right
      to terminate the automatic renewal of this Agreement, for any reason whatsoever,
      by a termination notice in writing, to be provided to the other party not less
      than six (6) months prior to: (i) the expiration of the Initial Effective Term,
      or (ii) the expiration of any Additional Effective Term (the "Notice
      Period"). 

    

                   
      Notwithstanding the foregoing, you shall have the right to terminate this
      Agreement, for any reason whatsoever, and at any time, including during the
      Initial Effective Term ("Early Termination"). In the event of Early Termination,
      the Notice Period shall be of not less than eight (8) months. 

    

      

    
      
         

        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

    During
      the Notice Period, the Company shall be entitled to require you to remain away
      from work and/or cease to provide any work for you, provided that you shall
      continue to be entitled to receive your full salary and all other benefits
      payable to you under this Agreement. For the avoidance of doubt, during any
      period when you are required to remain away from work pursuant to this paragraph
      3 it is agreed that you shall remain bound both by the terms of this Agreement
      and by any duties implied under your engagement with the Company. 

    

    
      	
              4.

            	
              You
                shall well and faithfully serve the Company and use your best endeavours
                to promote its interests.

            

    

    

    
      	
              5.

            	
              Save
                in relation to an Associated Company (as defined in paragraph 19),
                you
                shall not without the Company’s Board prior consent in writing be directly
                or indirectly concerned or interested (in any capacity whatsoever
                whether
                as a director, employee, shareholder, agent, partner, consultant
                or
                otherwise) in any other business that competes with the Company or
                an
                Associated Company during the period of your engagement except for
                shares
                in publicly quoted companies held for investment purposes only.
                

            

      	 	 

      	6.	The
              Company shall pay to you during the term of your engagement a salary
              at
              the rate of Forty Eight Thousand British Pounds (£48,000) per annum, such
              salary to be paid in equal monthly instalments in arrears on the last
              Friday of each month. 

    

     

    
      	
              7.

            	
              The
                payment of your salary shall be made, subject to deductions under
                any
                applicable law, to a U.K. bank account nominated by
                you.

            

    

    

    
      	
              8.

            	
              The
                Company shall provide you with an appropriate executive car or car
                allowance with an effective annual cost to the Company of up to Fifteen
                Thousand British Pounds (£15,000).

            

    

    

    
      	
              9.

            	
              You
                authorize the Company to deduct from any remuneration accrued and
                due to
                you under this Agreement or from any pay in lieu of notice, any
                over-payment of salary or expenses or payment made to you by mistake,
                any
                debt owed by you to the Company or any Associated Company, any other
                sum
                or sums which may be required to be authorized pursuant to Section
                13 of
                the Employment Rights Act 1996 and any tax or Social Security
                contributions due in respect of remuneration or other money received
                or
                receivable by you from the Company. 

            

      	 	 

      	10.	The
              Company shall pay your contributions to the following
              schemes:

    

     

    
      	a)  	
              Health
                care for you and your immediate
                family;

            

    

    

    
      	b)  	
              Permanent
                health; 

            

    

    

    
      	c)  	
              Life
                insurance arrangements (up to a maximum of four times
                salary);

            

    

    

    
      	d)  	
              Pension
                rights - the Company shall contribute a monthly sum equal to 7.5%
                of your
                salary.

            

    

    

    
      	e)  	
              Travel
                insurance

            

    

    

    
      
         

        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    
      	
              11.

            	
              The
                Company shall reimburse to you all traveling, hotel, restaurant and
                other
                expenses incurred by you in the proper performance of your duties
                under
                your engagement. 

            

    

    

    
      	
              12.

            	
              Details
                of your entitlement to holiday during your engagement and other
                arrangements relating to holiday are set out in Schedule 1.
                

            

    

    

    
      	
              13.

            	
              The
                Company shall be entitled (without being obliged to pay you in lieu
                of
                notice) to terminate your engagement immediately upon giving written
                notice to you if:

            

    

    

    
      	a)  	
              you
                shall be found guilty, by final judgment of a court of competent
                jurisdiction, of serious or persistent misconduct in connection with
                your
                duties under your engagement; or

            

    

    

    
      	b)  	
              you
                shall be convicted, by final judgment of a court of competent
                jurisdiction, of a severe crime punishable by imprisonment;
                or

            

    

    

    
      	c)  	
              you
                shall be unable by reason of illness or other incapacity to carry
                out your
                duties under your engagement for an aggregate period exceeding ninety
                (90)
                days in any calendar year. Notwithstanding the foregoing, in such
                event,
                the Company shall be obliged to pay you in lieu of notice.
                

            

    

     

    
      	
              14.

            	
              You
                have agreed to the restrictions set out in paragraphs 15, 16, 17
                and 18 in
                order to provide protection for the confidential information, goodwill
                and
                client connections of the Company and/or the Associated Companies
                and to
                protect the legitimate interest such companies have in maintaining
                a
                stable, trained workforce. 

               

              In
                addition, you acknowledge and agree that you are entering into the
                obligations in paragraphs 15, 16, 17 and 18 with the Company both
                for
                itself and as trustee for each Associated Company to which those
                obligations may, by their terms apply to the extent that such obligations
                shall be directly enforceable by such Associated Companies or by
                the
                Company on their behalf.

            

    

     

    
      	
              15.

            	
              You
                will not during the period of your employment directly or indirectly
                either on your own behalf or on behalf of or jointly with any Person:
                

            

    

    

    
      	a)  	
              introduce
                to any other Person any business of the kind with which the Company
                or any
                Associated Company could deal nor have any financial interest in
                or derive
                any financial benefit from any contracts or arrangements between
                the
                Company or any Associated Company and any other Person without having
                fully disclosed such interest or benefit to the Company’ Board or the
                relevant Associated Company and having obtained its express prior
                written
                consent; or

            

    

    

    
      	b)  	
              employ
                or induce or try to induce any employee to leave the employment of
                the
                Company or any Associated Company. 

            

    

     

    
      	
              16.

            	For
              a period of six (6) months from the Termination Date you will not
              (directly or indirectly) in any capacity whatsoever (whether as an
              employee, director, consultant, partner, shareholder, agent or otherwise)
              and whether on your own behalf or on behalf of or jointly with any
              other
              Person:  

    

     

    
      	a)  	
              seek
                or solicit business from, deal with, seek employment or engagement
                with,
                be employed or engaged by or engage in business with any Restricted
                Person
                or work on any account or business of any Restricted Person for the
                purpose of providing that Restricted Person, in competition with
                the
                Company or any Associated Company, with services which are the same
                as or
                similar to any services which were provided by the Company or any
                Associated Company to such Restricted Person at any time during the
                period
                of your employment; or

            

    

    

    
      	b)  	
              seek
                or solicit business from, deal with, seek employment or engagement
                with,
                be employed or engaged by or engage in business with any Restricted
                Person
                or work on any account or business of any Restricted Person for the
                purpose of providing that Restricted Person, in competition with
                the
                Company or any Associated Company, with services which are the same
                as or
                similar to those which you have been involved in providing to that
                Restricted Person during the period of your employment; or
                

            

    

    

    
      	c)  	
              employ
                or engage or solicit any Restricted Executive or try to entice any
                Restricted Executive to leave the employment of the Company or any
                Associated Company.

            

    

    

    
      	
              17.

            	
              You
                shall not, save in respect of the shares held in publicly quoted
                companies
                for investment purposes only or with the prior written consent of
                the
                Company’s Board (which shall not be unreasonably withheld) for a period of
                six (6) months from the Termination Date carry on or be concerned
                or
                engaged or interested, directly or indirectly, (whether as principal,
                shareholder, partner, employee, officer, agent or otherwise) in any
                part
                of any trade or business which competes with any part of any trade
                or
                business carried on by the Company or any Associated Company in which
                you
                have been actively engaged or involved at any time during the period
                of
                your employment. 

            

    

    

    
      	
              18.

            	
              You
                will not during the period of your employment (otherwise than in
                the
                proper performances of your duties) or at any time thereafter, divulge,
                or
                communicate, or copy, or reproduce (in any form or medium) to any
                Person,
                or copy, or reproduce (in any form or medium) any Confidential Information
                concerning the actual or proposed business, contractual arrangements,
                dealings, transactions or affairs of the Company or any Associated
                Company
                or of any its or their clients or business partners and you will
                not
                utilise any Confidential Information for your own benefit or for
                the
                benefit of any Person, provided that this obligation shall
                cease:

            

    

    

    
      	a)  	
              in
                respect of any information which you are expressly and properly authorised
                in writing to disclose by the Board of the Company or the Board of
                any
                Associated Company; or

            

    

    

    
      	b)  	
              in
                respect of any information which you are entitled or required to
                disclose
                by law to Persons to whom such disclosure is so authorised or required;
                or
                

            

    

    

    
      	c)  	
              in
                respect of any information which shall become public knowledge from
                the
                time that such information becomes public knowledge (otherwise than
                as a
                result of a breach by you of this obligation or as a result of a
                breach by
                any other Person with a similar
                obligation).

            

    

    

    
      
         

        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    19. 
For
      the
      purposes of this Agreement the following words and expressions shall have the
      following meanings:

    

    
      	a)  	
              "Associated
                Companies"
                shall mean (A) the ultimate parent company for the time being of
                the
                Company and any undertaking which is either (i) directly or indirectly
                a
                subsidiary of that ultimate parent company or directly or indirectly
                under
                the control, by shareholding, board control or agreement of that
                company;
                or (ii) an undertaking of which any Associated Company (of the kind
                specified in this paragraph above) owns (directly or indirectly)
                a twenty
                percent (20%) or greater share of such undertaking's ordinary share
                capital or in respect of which it has a right (direct or indirect)
                either
                to exercise control over twenty percent (20%) or more of the total
                voting
                rights attaching to such undertaking's share capital or to receive
                twenty
                percent (20%) or more of such undertaking's profits;
                

            

    

    

    
      	b)  	
              “Confidential
                Information”
                shall include but is not limited to information comprised in designs,
                drawings, databases, software, manuals, instructions and catalogues
                held
                in whatever form relating to the creation, organisation, production
                or
                supply of any products or services by the Company or any Associated
                Company or by or to any of the suppliers, clients, partners or joint
                venturers of such company, information relating to the current or
                prospective marketing or sales of any products or services of the
                Company
                or any Associated Company, including lists of clients' and suppliers',
                names, addresses and contacts, sales targets and statistics, market
                share
                and pricing statistics, research, reports, advertising and promotional
                material, trade secrets, unpublished information relating to the
                Company's
                or any Associated Company's intellectual property and any other
                commercial, financial or technical information relating to businesses
                or
                prospective businesses of the Company or any Associated Company or
                to any
                client or potential client or supplier or potential supplier, licensee
                or
                employee of the Company or any Associated
                Company.

            

    

    

    
      	c)  	
              "Person"
                shall mean any individual, partnership, firm, company, corporation
                or any
                other entity.

            

    

    

    
      	d)  	
              "Restricted
                Person"
                shall mean any Person which is
                both:

            

    

    
      	   
              i) 	
              a
                Person to whom the Company or any Associated Company has provided
                services
                and/or a Person with whom the Company or any Associated Company has
                carried on or agreed to carry on any business of any kind whatsoever
                in
                each case with a view to a profit or gain;
                and

            

    

    
      	ii) 	
              a
                Person with whom you personally have had dealings or of whom you
                have
                gained knowledge or a Person in respect of whom any employee who
                reports
                directly to you, personally has had dealings or has gained
                knowledge;

            

    

    
      	iii) 	
              in
                each case at any time during the period of your employment;
                

            

    

    

    
      	e)  	
              "Restricted
                Executive"
                shall mean any person with whom you have worked or come into contact
                during the period of your employment and who is employed under an
                Executive contract (as opposed to a Staff contract) by the Company
                or any
                Associated Company (as the case may
                be).

            

    

    

    
      	f)  	
              "Termination
                Date"
                shall mean the date on which your employment with the Company ceases,
                for
                any reason whatsoever.

            

    

    

    
      
         

        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    
      	
              20.

            	
              You
                acknowledge and agree that:

            

    

     

    
      	a)  	
              if
                in the course of your engagement you create or participate in the
                creation
                of any works, materials or inventions of any sort in any medium whatsoever
                whether known about at the date of this Agreement or otherwise (“Works”)
                then all intellectual property or other proprietary rights of any
                sort
                (including but not limited to copyright, patent right and design
                right) in
                and to the Works shall be and remain the absolute property of the
                Company
                or any relevant Associated Company and by signing this Agreement
                you
                hereby waive to the fullest extent possible by law, any right whatsoever
                (including all moral and other similar rights) in and to the Works
                (and
                any part of them); and

            

    

    

    
      	b)  	
              the
                Company and any Associated Companies shall be entitled without any
                further
                consent or payment to use, reproduce and exploit throughout the world
                in
                all media (whether now known or invented later) the results and proceeds
                of your engagement without regard to whether such use, reproduction
                or
                exploitation occurs before, during or after the termination of your
                engagement and you hereby grant all such consents as are or may be
                necessary to enable such use, reproduction or exploitation;
                and

            

    

    

    
      	c)  	
              you
                will do or execute and/or procure the doing or execution of all such
                acts
                and documents or things as may be necessary to give full effect to
                the
                provisions of this paragraph 20.

            

    

    

    
      	
              21.

            	
              Upon
                the termination of your employment however it occurs you shall immediately
                deliver to the Company (or at the Company’s option destroy/irrevocably
                delete) all property, assets and/or information of any kind whatsoever
                (however stored) within your possession or under your control relating
                to
                the affairs and business of the Company or any of the Associated
                Companies
                or any of their clients whether or not the same were originally supplied
                by the Company or by any of the Associated Companies. For the avoidance
                of
                doubt this obligation shall apply to any such information stored
                on any
                disk or electronic device of any kind (including without limitation
                computers) in your possession or under your control.
                

            

    

    

    
      	
              22.

            	
              The
                particulars of your terms of employment as set forth herein are effective
                as at 1 January 2007 and are provided in accordance with the Employment
                Rights Act 1996. We acknowledge that your period of continuous employment
                with the Company commenced on October 1
                1999.

            

      	 	 

      	23.	As
              required by the Employment Rights Act 1996 the Company gives you notice
              that: 

    

     

    
      	a)  	
              Should
                you have any grievance relating to your employment with the Company,
                you
                should follow any procedures adopted by the Company from time to
                time.

            

    

    

    
      	b)  	
              Matters
                of a disciplinary nature will be decided according to the particular
                circumstances and in accordance with the Company disciplinary procedure
                from time to time. 

            

    

    

    
      	c)  	
              There
                are no collective agreements directly affecting the terms and conditions
                of your employment.

            

    

    

    
      	d)  	
              If
                you are required to work outside the United Kingdom for a period
                of more
                than one month, the Company will at that time provide you with the
                requisite statutory written particulars concerning the arrangements
                for
                your work overseas.

            

    

    

    
      	
              24.

            	
              Whilst
                the provisions of this Agreement are considered by the parties to
                be
                reasonable in all circumstances it is agreed that if any one or more
                of
                such provisions shall, either taken by itself or themselves together,
                be
                adjudged to go beyond what is reasonable in all the circumstances
                for the
                protection of the legitimate interests of the Company and the Associated
                Companies but would be adjudged reasonable if any particular provision
                were deleted or if any part or parts of the wording thereof were
                deleted,
                restricted or limited in a particular manner then the relevant provision
                shall apply with such deletion, restriction or limitation as the
                case may
                be and the remainder of the provisions of this Agreement shall be
                unaffected by any such deletion, restriction or limitation.
                

            

    

    

    
      	
              25.

            	
              You
                agree that the limit on weekly working time contained in Regulation
                4 of
                the Working Time Regulations 1998 does not apply to you. The Company
                and
                you agree that your consent, for the purposes of this paragraph 25,
                shall
                continue indefinitely except that you may withdraw such consent at
                any
                time by giving the Company one (1) month notice of your wish to do
                so.
                

            

    

    

    
      	
              26.

            	
              If
                during the period of your employment under this Agreement you shall
                cease
                to be a director of the Company your employment shall continue and
                the
                terms of this Agreement (other than those relating to the holding
                of
                office of director) shall continue in full
                force.

            

    

    

    
      	
              27.

            	
              This
                Agreement shall be governed by and construed in accordance with English
                law and you and the Company submit to the non-exclusive jurisdiction
                of
                the English courts (or any equivalent body such as employment tribunals)
                in connection with it.

            

    

    

    
      	
              28.

            	
              Your
                signature to this Agreement confirms that you consent to the Company
                and/or organisations who process data (including, but not limited
                to,
                payrolls) on our behalf: (a) holding, recording, using, processing
                information about you (some of which may be sensitive e.g. relating
                to
                your health) for the purposes of giving effect to this Agreement;
                and (b)
                transferring this information to Associated Companies and to third
                party
                companies which are not Associated Companies (which Associated Companies
                and third party companies may or may not be outside the European
                Union)
                for the same purposes, for example, to companies through which employment
                benefits may be provided to you.

            

    

    

    
      	
              29.

            	
              In
                accordance with the Health and Safety at Work Act 1974 you should
                take all
                reasonable steps to safeguard your own health and safety and that
                of any
                person who may be affected by your activities at work. You must co-operate
                with the Company and any other persons so that this requirement may
                be
                complied with. 

            

    

    

    
      	
              30.

            	
              You
                hereby irrevocably appoint the Company to be your attorney in your
                name
                and on your behalf to execute any documents or do any acts or things
                which
                are necessary (i) to vest in the Company (or any Associated Company)
                the
                right and title to any Works; and/or (ii) to transfer to the Company
                (or
                as it shall direct) the ownership of any shares in the Company or
                any
                Associated Company which you hold as a nominee on behalf of the Company
                or
                any Associated Company.

            

    

     

    
      	
              31.

            	
              In
                this Agreement references to any statute, regulation or other legislation
                shall be deemed to be a reference to such statute, regulation or
                legislation as amended or replaced from time to
                time.

            

    

     

    
      	
              32.

            	
              This
                Agreement shall continue in full force and effect following the
                termination of your employment insofar as its terms are expressed
                to
                continue after the Termination
                Date.

            

    

     

    
      	
              33.

            	
              Except
                as otherwise expressly stated in this Agreement, nothing in this
                Agreement
                confers any rights on any person (other than the parties to this
                Agreement) pursuant to the Contracts (Rights of Third Parties) Act
                1999.

            

    

     

    
      	
              34.

            	
              This
                Agreement shall constitute the entire
                agreement between the Company and you with respect to the subject
                matter
                hereof, and shall supersede all previous, oral and/or written,
                negotiations, commitments, understandings and agreements relating
                to the
                subject matter hereto (including the 11 May 2000 agreement between
                the
                Company, Mr. Abraham Keinan and
                you).

            

    

     

    The
      Company shall be obliged if you would please confirm your acceptance of the
      above engagement, on the above terms by executing this Agreement as your deed
      and returning it to the Company. The receipt by the Company of the signed
      Agreement will constitute a legally binding agreement between you and the
      Company.

    

    Yours
      sincerely

    
      	 	 	 
	 	
            
	 
 	 
 	 
 
	For and on behalf of  Swiftnet
              Limited	By:  	/s/ John
              Burton
	 	
              

            
	 	Managing
              Director

    
      	 	 	 
	 	 
	Executed
              as a
              Deed                     
              )
by Guy
              Nissenson                      
              )	 
 	 
 
	by
              way of acceptance of the      ) 	By:  	/s/ Guy
              Nissenson
	above
              terms in the presence of: )	
              

            
	 	 

     

    

    Witness
      Signature: /s/ Bhavin Panchal

    

    Witness
      Name: (Please Print) Bhavin Panchal

    

    Witness
      Address: 95 Glenwood Road

    London
      N15 3J5

    UK

    
      
         

        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    SCHEDULE
      1

    

    SICKNESS
      BENEFITS

    

    If
      at
      anytime during which you are in receipt of salary payable by the Company you
      shall become entitled to Sickness Benefit or other State Benefits, all money
      to
      which you may become entitled in respect of these benefits will automatically
      be
      deducted from your salary in such manner as may be found convenient to, or
      otherwise decided by, the Company.

    

    The
      Company shall pay your salary in full in respect of the first thirty (30) days
      of absence due to illness in any year (being a year commencing 1st
      January)
      during the period of your employment hereunder but you shall not receive any
      payment in respect of any subsequent period of illness in any such year. You
      will comply with all absence reporting procedures and other formalities from
      time to time notified by the Company to you in relation to statutory sick pay
      requirements. 

    

    HOLIDAY
      ENTITLEMENT

    

    Normal
      bank holidays plus thirty (30) days holiday per annum paid at the normal salary
      rate. 

    Holiday
      entitlement is accumulated in accordance with applicable legislation or Company
      policy. The holiday year runs from 1st
      January
      to 31st
      December. You shall be entitled to carry forward not more than twenty (20)
      days
      of holiday each year without needing to seek permission of the Company’s
      Board.

    

    Your
      holiday entitlement is inclusive of your statutory entitlement which is twenty
      (20) days per annum. 

    

    HOLIDAY
      ENTITLEMENT ON LEAVING

    

    On
      leaving, holiday pay is calculated in accordance with applicable legislation
      or
      with Company policy (currently one fifty-second (1/52)
      of the
      annual holiday entitlement for each completed week worked in the current holiday
      year, less any holiday already taken (whichever is the most beneficial to you)).
      

    

    No
      payment of accrued holiday pay will be made in the case of dismissal for
      misconduct.

    

    

    
      
        
        

      

      
        -6-

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