Document:

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EXHIBIT 10.1
                             AMENDMENT NO. 1 TO THE
                         EASYLINK SERVICES CORPORATION
                         2005 STOCK AND INCENTIVE PLAN

         Amendment No. 1 dated June 20, 2005 to the EasyLink Services
Corporation 2005 Stock and Incentive Plan.

         WHEREAS, the EasyLink Services Corporation 2005 Stock and Incentive
Plan (the "Plan") was adopted by this Board of Directors and approved by the
stockholders of EasyLink Services Corporation (the "Company") in 2005; and

         WHEREAS, this Board of Directors approved, subject to shareholder
approval, an increase in the share reserve under the Plan from 1,000,000 shares
to 3,000,000 shares, to better enable the Company to provide stock options and
other stock-based awards as an incentive to the Company's officers, employees,
directors and consultants;

         WHEREAS, the shareholders of the Company approved the foregoing
amendment to the Plan at the annual meeting of shareholders on June 20, 2006;

         NOW, THEREFORE, in consideration of the premises herein contained:

         The Plan is hereby amended by deleting the second sentence of Section
5(A) thereof and replacing it with the following:

         "The total number of shares of Stock with respect to which Awards may
         be issued under the Plan may equal, but may not exceed, three million
         (3,000,000) shares of Stock, subject to adjustment in accordance with
         Section 10."

         Except as provided herein, the terms and provisions of the Plan shall
remain unchanged.

         The undersigned has signed this amendment on the date first above
written.

                             EASYLINK SERVICES CORPORATION

                             By  /s/ Thomas Murawski
                                 ----------------------------------------
                                 Thomas Murawski, Chairman, President and CEO<PAGE>

[LOGO EASYLINK SERVICES]

EXHIBIT 10.3

                    SEVERANCE AND CHANGE IN CONTROL AGREEMENT

         SEVERANCE AND CHANGE IN CONTROL AGREEMENT (hereinafter the "Agreement")
dated as of June 22, 2006 between EasyLink Services Corporation (hereinafter
"Company") and _____________________ (hereinafter "Employee").

I. SEVERANCE PAYMENTS: If Company terminates the employment of Employee without
Cause (as defined below) at any time on or after the date of this Agreement
(whether before or after a Change of Control, as defined below), or Employee
terminates his or her employment for Good Reason (as defined below) within six
months after a Change of Control, Company shall pay to Employee as severance pay
an amount equal to six (6) months of Employee's base salary as in effect
immediately prior to Employee's termination of employment. Such severance pay
shall be paid in equal installments over the 6-month period immediately
following Employee's termination of employment in accordance with Company's
regular payroll practices. Notwithstanding the foregoing, in order to comply
with the requirements of Section 409A of the Internal Revenue Code of 1986, as
amended (the "Code"), or an applicable exemption therefrom, Company shall have
the right either (i) to cause all severance payments to Employee to be paid by
March 15 of the calendar year following the calendar year in which the earlier
of Employee's termination date or the Change of Control date occurs (with any
installments that are scheduled to be paid after such March 15 date being paid
in a lump sum prior to such date), or (ii) if it is not practicable to make all
of such payments prior to such March 15 date, to provide that none of such
payments shall commence prior to such March 15 date and the total severance
amount shall be paid in one lump sum on the date that is one day after six
months after Employee's termination date.

         A. GENERAL RELEASE: Payments under this Agreement shall be conditioned
         on Employee's execution and delivery of Company's standard Separation
         Agreement and Release in effect at the time of termination and
         Employee's not revoking such agreement within any period of revocation
         under applicable law. Employee shall be entitled to no payments under
         this Agreement unless and until Employee executes and delivers such
         Separation Agreement and Release and Employee fails to exercise any
         right of revocation thereof under applicable law before the expiration
         of any period for exercise of such revocation right.

         B. EMPLOYEE'S COMPLIANCE WITH OTHER OBLIGATIONS: Payments under this
         Agreement shall be conditioned on Employee's continued compliance with
         any applicable obligations regarding confidentiality, intellectual
         property and non-competition contained in Employee's employment
         agreement or in other agreements between Company and Employee. Company
         shall have the right to terminate payments under this Agreement, and to
         recoup payments previously made under this Agreement, in the event of
         Employee's failure to comply with such obligations.
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         C. WITHHOLDING TAXES: Company shall withhold from the payments
         otherwise required under this Agreement any and all amounts necessary
         to satisfy applicable federal, state and local withholding tax
         requirements.

         D. DEFINITION OF CAUSE: For purposes of this Agreement, "Cause" shall
         mean termination based upon any of the following:

                  (i) the willful failure by Employee to follow lawful
                  directions communicated to Employee by one or more of
                  Employee's supervisors or by Company's Board of Directors;

                  (ii) the willful engaging by Employee in conduct which is
                  materially injurious to Company, monetarily or otherwise;

                  (iii) a conviction of, a plea of nolo contendere, a guilty
                  plea or confession by Employee to an act of fraud,
                  misappropriation or embezzlement or to a felony;

                  (iv) Employee's habitual drunkenness or use of illegal
                  substances;

                  (v) a material breach by Employee of Employee's employment
                  agreement with Company; or

                  (vi) an act of gross neglect or gross misconduct which Company
                  deems to be good and sufficient cause;

         provided, however, that Company shall not be deemed to have Cause
         pursuant to clauses (i), (ii), (iv), (v) or (vi) unless Company gives
         Employee written notice that the specified conduct or event has
         occurred and Employee fails to cure the conduct or event within thirty
         (30) days after receipt of such notice.

                  E. DEFINITION OF GOOD REASON: For purposes of this Agreement,
         "Good Reason" shall mean the occurrence of one or more of the following
         circumstances:

                  (i) the dissolution or complete liquidation of Company;

                  (ii) the filing of a voluntary petition by Company, or an
         involuntary petition against Company, under Chapter 7 of the Bankruptcy
         Code;

                  (iii) Company's assignment to Employee of duties inconsistent
         with Employee's duties or any material reduction in Employee's duties
         or responsibilities, except as may have occurred in connection with the
         termination of Employee's employment for Cause, disability or as a
         result of Employee's death or by Employee other than for Good Reason;

                  (iv) Employee's involuntary relocation to a new principal work
         location not within reasonable commuting distance of his former
         location;

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                  (v) the failure of Company to obtain the specific assumption
         of this Agreement by any transferee of all or substantially all of
         Company's assets; or

                  (vi) any material breach by Company of this Agreement.

                  F. DEFINITION OF CHANGE OF CONTROL:

                  For purposes of this Agreement, "Change of Control" shall
mean:

                  (i) any "person" or "group" of "persons" (as such terms are
         used in Section 13(d) and 14(d)(2) of the Securities Exchange Act of
         1934 (the "Exchange Act"), directly or indirectly, acquires "beneficial
         ownership" (within the meaning of Rule 13d-3 under the Exchange Act) of
         voting securities then entitled to vote of Company possessing more than
         fifty percent (50%) of the total combined voting power of Company's
         securities outstanding immediately after such acquisition;

                  (ii) a merger or consolidation of Company with any other
         corporation or business entity, or a sale, lease or disposition by
         Company of all or substantially all of Company's assets, other than a
         merger, consolidation, sale, lease or disposition which would result in
         the voting securities of Company outstanding immediately prior thereto
         continuing to represent (either by remaining outstanding or by being
         converted into voting securities of the surviving or transferee entity
         or a direct or indirect parent company of the surviving or transferee
         entity) at least 50% of the total voting power represented by the
         voting securities of Company or such surviving or transferee entity or
         parent company resulting from such merger, consolidation, sale, lease
         or disposition; or

                  (iii) any time the Continuing Directors do not constitute a
         majority of the Board of Directors of Company (or, if applicable, a
         successor corporation to Company). "Continuing Director" means, as of
         any date of determination, any member of the Board of Directors of
         Company who (i) was a member of such Board of Directors on the date of
         this Agreement or (ii) was nominated for election or elected to such
         Board of Directors with the approval of a majority of the Continuing
         Directors who were members of such Board of Directors at the time of
         such nomination or election.

                  G. CODE SECTION 409A: Notwithstanding any other provision of
         this Section I, the Company reserves the right to structure the timing
         of severance payments in a manner that, in the opinion of the Company,
         complies with the requirements of Code Section 409A or any exemption
         therefrom.

II. CHANGE OF CONTROL VESTING: If Company terminates the employment of Employee
without Cause within three months before or six months after a Change of
Control, or Employee terminates his or her employment for Good Reason within six
months after a Change of Control, all of Employee's outstanding stock options
and other equity-based awards granted under Company's equity incentive plans or
pursuant to individual agreements with Company shall become fully vested and
exercisable.

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III. TERM; RENEWAL: This Agreement shall have an initial term of three years and
shall expire on June 30, 2009 unless renewed by the Company upon the approval of
the Compensation Committee on or before such date.

IV.  GENERAL AGREEMENT TERMS:

         A. LIMITED EFFECT OF WAIVER BY COMPANY. No waiver of a right by Company
         constitutes a waiver of any other right of Company, and a temporary
         waiver by Company does not constitute a permanent waiver or any
         additional temporary waiver.

         B. EFFECT OF PRIOR AGREEMENT: This Agreement supersedes any prior
         agreement between Company or any predecessor of Company and Employee
         regarding severance pay. This Agreement shall not affect or operate to
         reduce any benefit or compensation, other than severance pay, inuring
         to Employee.

         C. SETTLEMENT BY ARBITRATION: Any claim or controversy that arises out
         of or relates to this Agreement, or the breach thereof, will be settled
         by arbitration in the office nearest Company's headquarters in
         accordance with the prevailing rules of the American Arbitration
         Association. Judgment upon the award rendered may be entered in any
         court possessing jurisdiction of arbitration awards.

         D. SEVERABILITY: If for any reason any portion of this Agreement is
         declared invalid, this Agreement shall continue in effect as if the
         invalid portion had never been part hereof, and the other portions of
         this Agreement will remain in effect, insofar as is consistent with the
         governing laws.

         E. INVALIDITY: If this Agreement is held invalid or cannot be enforced,
         then to the full extent permitted by the governing laws any prior
         agreement regarding severance pay between Company (or any predecessor
         thereof) and Employee will be deemed reinstated as if this Agreement
         had not been executed.

         F. ASSUMPTION OF AGREEMENT: The rights and obligations under this
         Agreement will inure to the benefit of and be binding upon the parties,
         their successors, heirs, assigns and personal representatives.

         G. ORAL MODIFICATIONS NOT BINDING: This instrument is the entire
         agreement. Oral changes will have no effect. This Agreement may be
         altered only by a written agreement signed by the party against whom
         enforcement of any waiver, change, modification, extension, or
         discharge is sought.

         H. GOVERNING LAW: This Agreement and the covenants herein shall be
         governed and interpreted under the laws of the State of New Jersey.

         K. FULL DISCLOSURE: Company and Employee know of no restrictions on
         their ability to complete this Agreement

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

By:  /s/ Thomas Murawski                  By:
     -------------------------------          --------------------------------
Name: Thomas Murawski                         Name:
      Chairman, President and
      Chief Executive Officer
      EasyLink Services Corporation

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