Document:

Agreement with Internet Gold

     

     

        

      RECIPROCAL
        SERVICE AGREEMENT 

       

      THIS
        AGREEMENT (the
        "Agreement")
        is
        entered into this _____(the "Execution
        Date")

       

      Between

       

      ____________________________________________________________

       

      with
        offices at 

       

      

       

      (Hereafter
        "
        The Company")

       

      And

       

      Internet
        Gold - Golden Lines Ltd
        with
        offices at 

       

      Alexander
        Yanai 1, Petack Tikva,

       

      Israel

       

      (Hereafter
        "IG")

       

      	1.  	
              THE
                SERVICE

            

       

      Each
        party to this Agreement (hereinafter: “Party”)
        agrees
        to endeavor to arrange for the termination of telephony traffic sent from
        the
        other Party (hereinafter: the “Service”),
        on
        the terms and conditions stated in this Agreement, inclusive of all annexes.
        

       

      	2.  	
              DEFINITIONS
                

            

       

      In
        this
        Agreement, unless the context otherwise requires, the following expressions
        shall have the following meanings:

       

      “Parties”,
        means
        IG
        and the Company collectively. 

       

      “Customer”,
        means
        the
        party that purchases the service or/and services. 

       

      “Provider”
        or “Providing Party”, means
        the
        party that provides the service/s. 

       

      “Agreement”,
        means
        this Agreement, and any such variations, modifications, amendments or additions,
        as the Parties may agree in writing from time to time to vary, modify, amend
        or
        supplement this Agreement.

       

      	3.  	
              DURATION
                

            

       

      This
        Agreement, provided it appears to be signed by both Parties, shall be effective
        as of the date entered above and shall remain in force for a period of 1
        year.
        The Agreement will be automatically renewed for additional periods of 1 year
        each.

       

      	4.  	
              PRICING
                

            

       

      	4.1.  	
              Annex
                A
                shall set out the termination rates due to IG for each minute sent
                from
                Company to IG for termination and or transfer by IG. Annex
                B
                shall set out the termination rates due to Company for each minute
                sent
                from IG to Company for termination and or transfer by Company.
                

            

       

      	4.2.  	
              Each
                Party may, at its sole discretion and at any time, change the applicable
                rates due to it, and/or the destinations to which it offers the Service,
                upon 7 (seven) days prior written notice to the other Party, and
                Annex
                A
                or
                Annex
                B,
                as relevant, shall thereby be deemed amended in accordance with such
                notice. Calls shall be billed in 1 (one) second increments as of
                the
                1st
                second, unless stated otherwise in the Annex. The US dollar shall
                be used
                to quote and settle all amounts. 

            

       

      	4.3.  	
              The
                parties reserve the right to change the tariffs. In case of tariffs
                reduction, the provider may notify the Customer seven (7) working
                days
                prior. In all other cases, the provider shall notify the Customer
                not less
                than seven (7) working days prior to the estimated effective date
                for new
                tariffs. The provider will make changed tariffs and terms and conditions
                available to the Customer by any communication means specified in
                item 15
                of this Agreement. The Customer further understands and agrees that
                such
                charges may be adjusted to the extent mandated by any regulatory
                authority
                to which the provider is subject. If the tariff or price is raised,
                the
                Customer shall have the right to terminate this agreement upon giving
                seven (7) days notice in writing. 

            

       

      6. PROVISION
        OF INFORMATION

       

      Each
        Party will promptly provide the other Party (free of charge) with all
        information and co-operation which the other Party may reasonably require
        from
        time to time to enable it to proceed without interruption with the performance
        of its obligations under this Agreement, and to comply with any applicable
        regulatory or legal obligations.

       

      	7.  	
              INVOICING
                AND PAYMENT

            

       

      	7.1  	
              Each
                Party receiving traffic from the other shall provide the other Party,
                each
                fifteen (15) days, an invoice detailing, at the minimum, the following
                information: per each destination - sub-total number of minutes received
                and terminated during the relevant service period and the applicable
                rate
                per minute and the sub-total charges for each destination, the total
                number of minutes terminated during the relevant service period and
                the
                total charges due to the receiving Party for the relevant service
                period.

            

       

      	7.2  	
              All
                payments for the services provided shall be made as follows:
                

            

       

      	a)  	
              The
                provider will send to the Customer by e-mail an invoice of the Services
                provided within the period 

            

       

      	b)  	
              The
                Customer shall pay for the Services provided not later than fifteen
                (15)
                calendar days following receipt of the invoice.

            

       

      	c)  	
              The
                Customer shall make the payment to the provider’s bank account, detailed
                on the invoice, and shall send to the provider, by facsimile, a copy
                of
                the payment order
                with an appropriate mark of the Customer’s
                bank certifying the payment has been effected.

            

       

      	d)  	
              When
                effecting payments against the provider’s invoices, the Customer shall
                make reference to the relevant provider invoice number in its bank
                payment
                order.

            

      

      	e)  	
              The
                invoices will be in US $ dollars and shall be paid by the Customer
                in US $
                dollars.

            

      

      	f)  	
              The
                date of payment by the Customer against the provider invoices includes
                the
                day of money deposited into the provider’s bank
                account.

            

      

      	7.3  	
              Each
                Party shall pay at its country of residence any applicable taxes,
                fees,
                duties, levies and other similar charges (and any related interest
                and
                penalties) relating to the sale, transfer of ownership, installation,
                license, use or provision of the service (“Government Charges”).
                

            

       

      	7.4  	
              In
                the event that either Party disputes the amount of any invoice delivered
                by the other Party under this Agreement, that Party (“the
                disputing party”)
                shall use its reasonable endeavors to issue a notice in writing (such
                writing is hereinafter called a “Bill
                Dispute Notice”)
                setting out its objection to the disputed invoice within thirty (30)
                days
                of receipt of the said invoice or Service Credit request. Such notice
                shall contain the following information: date and number of disputed
                invoice; amount in dispute; reason for dispute; and supporting
                documentation as appropriate.

            

       

      	7.5  	
              Following
                service of a Bill Dispute Notice, the Parties shall use reasonable
                endeavors to resolve the dispute within thirty (30) days of the receipt
                by
                the Receiving Party of the Bill Dispute Notice. While investigating
                such
                dispute, each party will provide the other party CDR (call detail
                records)
                for all the service period. The CDR's must include the following
                information: Time of the call, Calling party number (A number), Called
                party number (B number), originating IP address, terminating IP address,
                tech-prefix (if applicable), duration (in
                seconds).

            

       

      	7.6  	
              In
                the absence of resolution of the dispute within sixty (60) days,
                either
                Party may exercise its rights under this agreement, provided however
                that
                the Party disputing the invoice or payment of Service Credits shall
                still
                be responsible to pay the undisputed amount due under such invoice.
                Any
                disputed amount that is less than one and half percent (1.5%) of
                the total
                amount of the relevant invoice shall not be considered as a legit
                dispute.

            

       

      	7.7  	
              Each
                Party reserves the right to set off any sums owing under this Agreement
                against any sums due and owing by the other Party under this Agreement
                or
                otherwise.

            

       

      	7.8  	
              The
                Receiving Party shall not be excused from its obligations to pay
                the
                Providing Party for the Services invoiced pursuant to this Agreement
                based
                on a claim that fraudulent calls comprise, or may comprise, a portion
                of
                the invoiced Services. In no case shall fraudulent calls form the
                basis
                for disputing an invoice pursuant to this
                Agreement.

            

       

      	8  	
              TERMINATION

            

       

      	8.1  	
              Without
                derogating from the aforesaid, this Agreement may be terminated by
                either
                Party, for cause or for convenience, upon 30 (thirty) days prior
                written
                notice. Rights pursuant to this Agreement that have accrued in favor
                of
                either Party prior to the termination of this Agreement shall survive
                such
                termination. The obligation to confidentiality, as defined below,
                shall in
                all events survive termination of this Agreement for 2 (two) years
                after
                such termination.

            

       

      	8.2  	
              Without
                prejudice to its other rights, either Party may terminate this Agreement,
                or any one or more of the Services, on giving written notice to the
                other
                Party, taking immediate effect, if: 

            

       

      	(a)  	
              Receiver
                or administrative receiver or insolvency administrator is appointed
                of any
                of the other Party's assets or undertaking, or a resolution or petition
                to
                wind up the other Party is passed or presented and not dismissed
                within 90
                days (otherwise than for the purpose of reconstruction or amalgamation),
                or if any circumstances arise which entitle the court or a creditor
                to
                appoint a receiver, administrative receiver or insolvency administrator
                or
                to make a winding up order (or equivalent in the other Party’s country of
                establishment); 

            

       

      	(b)  	
              Party
                commits a material breach of this Agreement including a, and if the
                breach
                is capable of remedy, fails to remedy the breach within thirty (30)
                days
                of a written notice so to do. 

            

       

      	(c)  	
              The
                other party commits a material breach of any applicable legislation
                or any
                legal authorization of either party to provide the Services is revoked
                or
                terminated and is not immediately reinstated. 

            

       

      	(d)  	
              Termination
                or expiry of this Agreement shall not be deemed a waiver of any term
                or
                condition of this Agreement and shall be without prejudice to a Party’s
                rights, liabilities, or obligations that have accrued prior to such
                termination or expiry. 

            

       

      	8.3  	
              On
                termination of this Agreement, or any of the Services, all outstanding
                Charges under the Agreement or in respect of the relevant Service,
                shall
                become payable immediately. 

            

       

      	8.4  	
              Upon
                termination of the Agreement, or any of the Services for any reason,
                each
                Party shall forthwith cease to supply and use the relevant Services
                respectively:

            

       

       

      	(a)  	
              Return
                confidential information, other than such confidential information
                that
                must be retained in order to satisfy statutory, regulatory, or reasonable
                business requirements (such as, but not limited to, resolving customer
                billing enquiries); 

            

       

      	(b)  	
              Where
                applicable, permit or procure permission for the other Party to gain
                access to its premises during its normal working hours for the purpose
                of
                removing any equipment supplied by that other Party in relation to
                the
                relevant Services (provided that Party seeking access has paid all
                amounts
                due by it under this Agreement).

            

       

      	(c)  	
              Termination
                or expiry of this Agreement shall not affect the accrued rights of
                the
                Parties at the date of termination or expiry or affect those obligations
                of a continuing nature which shall continue to apply, including,
                without
                limitation, the provisions for indemnification, confidentiality and
                the
                obligation to make payments, notwithstanding the termination or expiry
                of
                this Agreement for any reason whatsoever.

            

       

      9.  SUSPENSION
        OF SERVICES

       

      
        	
                9.1

              	
                The
                  Providing Party may at its sole discretion suspend immediately
                  the
                  provision of any one or more of the Services until further notice
                  on
                  notifying the Receiving Party either orally (confirming such notification
                  in writing) or in writing if:

              

      

       

      
        	 	
                (a)

              	
                The
                  Providing Party is entitled to terminate the Agreement for the
                  Receiving
                  Party’s breach; or 

              

      

       

      	(b)  	
              The
                Providing Party is instructed or requested to do so by a competent
                government, an emergency services organisation, or regulatory,
                interception or other competent authority; or

            

       

      	(c)  	
              The
                Providing Party believes on reasonable grounds that the continued
                supply
                of the Services could breach any applicable law, order or regulation,
                or
                cause damage to its Network, or but shall begin to provide the Services
                again after the cause for which the suspension of the Service has
                been
                remedied if possible. 

            

       

      
        	
                9.2

              	
                Any
                  suspension of Services shall not affect the Providing Party’s right to
                  subsequently terminate the
                  Agreement.

              

      

       

      10 WARRANTY/LIMITATION
        OF LIABILITY

       

      	10.1  	
              The
                Providing Party shall provide the Services using reasonable care
                and skill
                Except as expressly provided in this Agreement or to the extent required
                by law, the Providing Party makes no other warranty and shall have
                no
                other obligation, duty or liability whatsoever in contract, tort
                or
                otherwise to the Receiving Party or the Receiving Party’s Associated
                Companies.

            

       

      	10.2  	
              Neither
                party makes any warranty, express or implied, with respect to the
                transmission services provided hereunder nor each party expressly
                disclaims any warranty of merchantability, description or fitness
                for any
                purpose or function. Neither party shall be liable to the other or
                to any
                third party for or in connection with any loss or damage sustained
                by
                reason of any failure in or breakdown of the telecommunications facilities
                used in providing the services under this agreement or for any
                interruption of such services or delay in the installation, provision
                or
                restoration of such services (all of the foregoing, individually
                and
                collectively, a “telecommunications
                error”),
                whatsoever may be the cause of such telecommunications error, and
                however
                long it may last. Without limiting the foregoing, neither party shall
                be
                liable for special, consequential, exemplary or incidental damages
                arising
                from performance or breach of this
                agreement.

            

       

      	10.3  	
              Each
                Party on a non-exclusive basis provides the Service. In addition,
                neither
                Party is obligated hereunder to send a minimum of, or any traffic
                to the
                other.

            

       

      11.CONFIDENTIALITY

       

      	11.1  	
              Each
                Party undertakes to the other that it shall keep, and shall procure
                that
                its directors, officers and employees as appropriate shall keep secret
                and
                confidential and shall not use, copy, adapt, alter or part with possession
                of or disclose to any other person any information or material of
                a
                technical or business nature relating in any manner to the affairs,
                business, products or services of the other which may be received
                or
                obtained in connection with or incidental to the performance of this
                Agreement, including but not limited to the contents and existence
                of this
                Agreement, specifications, records, customer information, data, computer
                programs, drawing, schematics, know-how, notes, models, reports and
                samples provided that written information shall be clearly marked
                as
                confidential or proprietary and oral information shall be confirmed
                in
                writing as confidential or proprietary within thirty (30) days of
                disclosure (“Confidential
                Information”).
                

            

       

      The
        receiving Party shall not be prevented from using or disclosing any Confidential
        Information:

       

      	11.2  	
              which
                the other Party indicates is not treated by it as confidential;
                or

            

       

      	11.3  	
              Was
                already proven to be known to the receiving party at the time that
                it is
                disclosed to the receiving party, subject to the receiving party
                demonstrating this pre-existing knowledge to the disclosing party’s
                reasonable satisfaction promptly following the disclosure;
                or

            

       

      	11.4  	
              To
                the extent it is in or comes into the public domain otherwise than
                through
                the default or negligence of the receiving Party;
                or

            

       

      	11.5  	
              Which
                it is required to disclose to a court, arbitrator, regulatory,
                interception or other competent authority, recognised stock exchange
                or
                government; or

            

       

      	11.6  	
              Which
                comes into the receiving Party’s possession from a third party without any
                breach by that third party of any obligation of confidentiality to
                any
                person; or

            

       

      	11.7  	
              A
                disclosure of Confidential Information necessary to comply with any
                applicable law regulation, valid court order or orders of any applicable
                governmental or regulatory authorities or agencies. Provided that
                the
                Party disclosing the Confidential Information shall notify the other
                promptly of any such law, regulation or order and shall request
                confidential treatment of such information by the third party to
                which it
                is disclosed.

            

       

      	11.8  	
              On
                termination of this Agreement for whatever reason, the receiving
                Party
                shall return to the disclosing Party all copies of Confidential
                Information of the other, which it has in its possession. The duties
                to
                return or destroy data will not apply to data that must be retained
                if
                required by any regulatory or governmental
                authority.

            

       

      	11.9  	
              The
                Parties agree to use the Confidential Information received from the
                other
                party only for the purpose of this Project and apply security and
                disclosure standards in relation to the Confidential Information
                which are
                the same as the standards that they apply to their own most commercially
                sensitive information with access limited to such of receiving Party’s
                employees who need to know such information. In particular, but without
                limitation, the Parties agree that they shall only disclose the
                Confidential Information to its shareholders, directors, officers
                and
                employees on a need to know basis provided however the receiving
                Party
                shall remain liable for any unauthorized disclosure of the Confidential
                Information by such person or entity above
                mentioned.

            

       

      	11.10  	
              The
                provision of Confidential Information to a Party under this Agreement
                does
                not:

            

       

      
        	 	
                A:
                  

              	
                constitute
                  or imply the granting of any rights under copyright, patent, trade
                  mark,
                  database or any other intellectual property right; or
                  

              

      

       

      
        	 	
                B:
                  

              	
                represent
                  in any way that the Confidential Information supplied is accurate,
                  complete or can in any way be relied upon for any purpose other
                  than the
                  for purposes of the Project; or 

              

      

       

      
        	 	
                C:
                  

              	
                construe
                  as an agreement, commitment, promise or representation by either
                  party to
                  do business with the other or to do anything except as set out
                  specifically in this Agreement.

              

      

       

      12. NO
        AGENCY

       

      Neither
        Party is authorized to act as an agent for, or legal representative of, the
        other Party and neither Party shall have the authority to assume or create
        any
        obligation on behalf of, in the name of, or binding upon the other
        Party.

       

      13.NO
        THIRD PARTY BENEFICIARIES

       

      This
        Agreement does not expressly or implicitly provide any third Party (including
        but not limited to end users and intermediate providers) with any remedy,
        claim,
        liability, and reimbursement, cause of action or other right or
        privilege.

       

      14. NON-WAIVER

       

      The
        failure of a Party to enforce any right under this Agreement at any particular
        point in time shall not constitute a continuing waiver of any such right
        with
        respect to the remaining term of this Agreement, or the waiver of any other
        right under this Agreement.

       

      15. MODIFICATION

       

      The
        Agreement may only be modified if such modification is in writing and signed
        by
        a duly authorized representative of each Party. 

       

      

       

      

       

      16.SEVERABILITY

       

      If
        any
        portion of this Agreement is found to be invalid or unenforceable, the remaining
        provisions shall remain in effect and the Parties shall immediately begin
        negotiations to replace any invalid or unenforceable portions that are essential
        parts of this Agreement.

       

      17. FORCE
        MAJEURE  

       

      The
        Parties’ obligations under this Agreement are subject to, and neither Party
        shall be liable for delays, failures to perform, damages, losses or destruction,
        or malfunction of any equipment or any consequence thereof caused or occasioned
        by, or due to fire, flood, water, the elements, labor disputes or shortages
        (except for labor disputes or shortages relative to each of the Parties),
        utility curtailments, power failures, explosions, civil disturbances,
        governmental actions, shortages of equipment for supplies, unavailability
        of
        transportation, acts or omissions of third Parties, or any other cause beyond
        the Party’s reasonable control.

       

      18. USE
        OF MARKS

       

      Nothing
        in this Agreement creates in a Party any rights in the other Party’s trade
        names, trademarks or service marks or any other intellectual property. Either
        Party may use the other Party’s trade names, trademarks, or service marks only
        to the extent such use is not prohibited by this Agreement and is otherwise
        permitted by law. In no event shall either Party use or display, in advertising
        or otherwise, any of other Party’s logos, trade dress, trade devices or other
        indicia of origin, or any confusingly similar logos, trade dress, trade device
        or indicia of origin. Either Party shall not conduct business under any of
        the
        other Party corporate or trade name, trademark, service mark, logo, trade
        dress,
        trade device, indicia of origin or other symbol that serve to identify and
        distinguish other Party from its competitors, or under any confusingly similar
        corporate or trade name, trademark, service mark, Logo, trade dress, trade
        device, indicia of origin or other symbol. Either Party shall not indicate
        or
        imply to any other third Party that the Party is affiliated with the other
        Party, that the Party is authorized by the other Party to sell or provide
        service to them, that the Party is providing (or will provide) service to
        such
        third Party jointly or in collaboration or partnership with the other Party,
        or
        as agent of the other Party, or that service provided by the Party or another
        carrier is provided by the other Party. Except to the limited extent (if
        any) as
        may be required under law, neither Party nor an intermediate provider shall
        indicate or imply to any existing or potential end user (or intermediate
        provider) that any portion of the service provided to the end user (or
        intermediate provider) by the Party or the intermediate provider is provided
        by
        the other Party or is carried over the other Party’s network or
        facilities.

       

      19. AUTHORIZATION
        AND REGULATIONS

       

      Each
        of
        the Parties represents to the other that it has all requisite legal power
        and
        authority to enter into this Agreement and to perform its obligations hereunder.
        The delivery and continued provisioning of the Service are subject to the
        obtainment and continuance of all necessary consents, licenses and
        approvals.

       

      Each
        of
        the Parties shall be responsible to comply with all applicable laws and
        regulatory requirements with respect to the Service. Each Party will maintain
        all required licenses and authorizations in its country of residence for
        the use
        or resale of the Service. 

       

      20. ASSIGNMENT

       

      Both
        Parties shall not assign this Agreement and/or any right and/or obligation
        hereunder without the other Party’s prior written consent, and any attempt to
        make assignment in violation of this provision shall be null and void.
        Notwithstanding the foregoing, either Party may assign this Agreement to
        any
        entity controlled by, under the same control as, or controlling said Party
        without the consent of the other Party, however that the assigning party
        shall
        notify the other party prior to such assignment. 

       

      21. NO
        PARTNERSHIP

       

      Nothing
        in this Agreement shall be construed as creating a partnership between the
        Parties or as constituting either Party as the agent of the other Party for
        any
        purpose whatsoever and neither Party shall have the authority or power to
        bind
        the other Party or to contract in the name of or create a liability against
        the
        other Party in any way or for any purpose. Either Party shall not indicate
        or
        imply to any other third Party that the Party is affiliated with the other
        Party, that the Party is authorized by the other Party to sell or provide
        service to them, that the Party is providing (or will provide) service to
        such
        third Party jointly or in collaboration or partnership with the other Party,
        or
        as agent of the other Party, or that service provided by the Party or another
        carrier is provided by the other Party. Except to the limited extent (if
        any) as
        may be required under law, neither Party nor an intermediate provider shall
        indicate or imply to any existing or potential end user (or intermediate
        provider) that any portion of the service provided to the end user (or
        intermediate provider) by the Party or the intermediate provider is provided
        by
        the other Party or is carried over the other Party’s network or
        facilities

       

      22. GOVERNING
        LAW 

       

      This
        Agreement shall be interpreted in accordance with the laws of the state of
        Israel, excluding its conflict of laws rules. All disputes in connection
        with
        this Agreement that cannot be settled amicably shall be referred exclusively
        to
        the by the competent courts of Tel Aviv, Israel, to whose jurisdiction the
        Parties hereby consent.

       

      23. AMENDMENT

       

      This
        Agreement may be amended only by a written document signed by both Parties.
        The
        foregoing shall not derogate from either Party’s right to unilaterally change
        its termination rates and/or destinations (Annexes A, B), as described
        above

       

      24. NOTICES

       

      Any
        notice to be given under this Agreement shall be in English, in writing,
        and
        shall be deemed to have been served immediately - if delivered by hand, on
        the
        expiry of 7 days after being sent by registered post or on the expiry of
        24
        hours after successful transmission by fax, which is evidenced by an automated
        successful transmission receipt. Unless either Party notifies the other of
        an
        updated address, notices shall be given to the following addresses:

       

      IF
        TO:
Internet
        Gold - Golden Lines ltd:

      	·  	
              Fax:
                +972-3-9399832

            

      	·  	
              E-MAIL:
                 

            

       

      IF
        TO:
        Fax: +______________

      	·  	
              E-MAIL:
                

            

       

      IN
        WITNESS WHEREOF,
        the
        Parties have caused this Agreement to be duly executed by their authorized
        representatives:

       

      
        	
                ____________________

              	 	
                ____________________

              
	
                VGTel,
                  Inc.

              	 	
                Internet
                  Gold - Golden Lines ltd

              
	
                By:___/s/Ron
                  Kallus

              	 	
                By:/s/
                  Eli Holtzman_______________

              
	
                Name:
                  Ron Kallus

              	 	
                Name:
                  Eli Holtzman

              
	
                Title:CEO

              	 	
                Title:
                  CEO

              
	 	 	 
	 	 	
                ____________________

              
	 	 	
                Internet
                  Gold - Golden Lines ltd

              
	 	 	
                By:
                  _________________

              
	 	 	
                Name:
                  Doron Turgeman

              
	 	 	
                Title:
                  CFO

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      ANNEX
        A - LIST OF SERVICES PROVIDED AND TARIFFS

       

      	1.  	
              SERVICES 

            

      Company
        hereby undertakes to deliver telecommunications traffic to the destinations
        and
        at the price per minute for each destination as listed in TABLE
        - A.
        

       

      	2.  	
              RATES
                

            

      	a)  	
              The
                rates defined in Table-A. 

            

      	b)  	
              All
                rates are in US. 

            

      	c)  	
              The
                rates in Table-A refer to one minute. 

            

      

       

      	3.  	
              BILLING

            

      a)  Calls
        will be billed at a minimum of one (1) second.

      b)  One
        (1)
        second increments. 

      

       

      TABLE
        - A

       

      
        	
                Country

                 

              	
                Area
                  Codes

                 

              	
                Tariff

                 

              
	 	 	 
	 	 	 
	 	 	 
	 	 	 

      

      

       

      This
        SCHEDULE is made of this _______________________.

       

      Internet
        Gold     Company

       

      _____/S/
        Eli Holtzman, CEO    
        /s/ Ron
        Kallus, CEO

       

      NAME
        & POSITION    NAME
        & POSITION

       

      

       

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

       

      ANNEX
        B - LIST OF SERVICES PROVIDED AND TARIFFS

       

      	1.  	
              SERVICES
                

            

      Internet
        Gold hereby undertakes to deliver telecommunications traffic from company
        to the
        destinations and at the price per minute for each destination as listed in
        TABLE
        - B. 

       

      	2.  	
              RATES
                

            

      	a)  	
              The
                rates defined in Table-A below. 

            

      	b)  	
              All
                rates are in US dollars.

            

      	c)  	
              The
                rates in Table-A refer to one minute. 

            

      	d)  	
              FOB:
                connection point to Internet Gold Network:

            

      

       

      	4.  	
              BILLING

            

      	a)  	
              Calls
                will be billed at a minimum of one (1)
                second.

            

      	b)  	
              One
                (1) second increments. 

            

      

       

      TABLE
        -
        B

       

      
        	
                Destination

                 

              	
                Area
                  Code

                 

              	
                Tariff

                 

              
	
                Israel
                  Fix

                 

              	
                -

                 

              	
                -

                 

              
	
                Israel
                  Mobile

                 

              	
                -

                 

              	
                -

                 

              

      

      

       

      This
        SCHEDULE is made of this _______________________.

       

      Internet
        Gold     Comapny

       

      __/s/
        Eli
        Holtzman   Ron
        Kallus

       

      NAME
        & POSITION    NAME
        & POSITION

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

       

      ANNEX
        C -TECHNICAL SUPPORT DETAILS

       

       

      1. TECHNICAL
        SUPPORT COMMUNICATION INFORMATION - TECHNICAL 

       

       

      Internet
        Gold

       

       

      Technical
        manager:  Yossi
        Ben-Hagai

       

       

      Cellular:
          +972-54-5399737

       

       

      Tel:
           +972-3-9399737

       

       

      Fax:
           ______________________________

       

       

      E-mail:   b.yossi@zahav.net.il  

       

       

       

       

       

      Company

       

       

      

       

       

      Technical
        manager:  Ron
        Kallus

       

       

      Cellular:
          +

       

       

      Tel:
           +

       

       

      Fax:
           ______________________________

       

       

      E-mail:CONSULTING AGREEMEN
1. Parties

CONSULTING  AGREEMENT  dated  as  of  June  7.2006  between  Stem  Cell  Therapy
International, Inc:.  a NV corporation having an office at 2203 North Lois Ave.,
9th  floor  suite  901,  Tatnpa. F]oridA 33607 (the "Company") and Rick Langley,
with  executive  offices  located  at  8233  Roxbury  Road;  LA  CA  90069  (the
"Consultant").

2.  Recitals

2.1.  This  Agreement  is  made  with  reference  to  the  following  facts  and
circumstances.

(a.)  The  Company wishes to engage the services of the Consultant to advise and
consult  with  the  Company  on certain business matters in foreign and domestic
markets  as  set  forth  in  this  Agreement.

(b)  Tbe Conaultant is willing 'to accept such engagement.on the terms set forth
in  this  Agreement.

     2.2.  In  consideration  of the prerrrlse8, and for other good and valuable
consideration. the receipt of which is hereby acknowledged,. the Company and the
Consultant  agree  as  follows:  .

3,  Engagement

3.1.  The  Company  hereby  engages.  the  services  of  the  Consultant,  as an
independent oorrtractor for a period of six months beginning on June 7, 2006 and
ending on December 7,. 2006 (the "Term"). and the Consultant hereby accepts such
engagement,  for  the  purposes  set  forth  in  section  3.2.

3.2.  The  scope of the services to be rendered by the Consultant to the Company
     include  and  are  limited  to  the  following:

(a)  The  Consultant  shall  advise  and  consult  with  the  Company's board of
directors  and executive officers regarding the Company's merger and acquisition
strategies,  including  the  evaluation  of  targets  and  the  structuring  of
transactions  in  Europe  and  other  markets.

4.  Consulting  Fees  and  Expenses

                                .  1  -

<PAGE>

4.2.  Termination

This Agreement may not, under any circumstances, be terminated during the course
of  the  90-day consulting period.  The Company acknowledges that the Consultant
will upon execution of the first week of the agreement provide introductions and
services  to  be  measured  in  terms  of  the agreed upon compensation package,

5.  Miscellaneous

5.1  Relationship

The  relationship  between  the  Company  and  the  Consultant  created  by this
Agreement  is that of independent contractors. The Consultant. is not, by virtue
of this Agreement, and shall not for any purpose: be deemed to be: hereunder, an
officer,  employee,  agent  or  affiliate  of  the  Company.  The services to be
rendered  by  the  Consultant  pursuant  to  this  Agreement  do not include the
services  or  activities  of  an Investment Advisor, as that term is  defined by
U.S. federal or state laws and. in performing services under this Agreement. the
Consultant  shall  not  be  deemed  to be an Investment Advisor under such laws.

5.2,  Indemnity

The Company hereby agrees to defend, indemnify, and hold the Consultant harmless
from  and  against any and all claims, damages, judgments, penalties. costs, and
expenses  (including attorney fees and court costs now or hereafter arising from
the  enforcement  of  this  clause)  arising  directly  or  indirectly  from the
activities of the Consultant under this Agreement, or from the activities of the
Company  or  any  of its shareholders, officers. directors, employees, agents or
affiliates,  whether  such claims are asserted by any governmental agency or any
other  person.  This  indemnity  shall  survive  termination  of this Agreement.

5.3.  Governing  Law

This  Agreement  and  the Note shall be governed by, and construed in accordance
with  the  State of California. The courts of Los Angeles, California shall have
exclusive  jurisdiction  for  any  action  arising  out  of  or  related to this
Agreement.
t
<PAGE>

IN  WI1NESS  WHEREOF,  the parties have executed this Agreement, effective as of
the  date  first  above  written.

The Consultant:                    The Company:
By:  /s/ Rick Langley              Stem Cell Therapy International, Inc.

Name:  Rick Langley                By:  /s/ Calvin Cao
Date signed:  6-0-06               Name:  Calvin Cao
                                   Title:  CEo
                                   Date signed:  6/8/06

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]