Document:

AMENDMENT TO Mr. JORDAN'S EXECUTIVE EMPLOYMENT AGREEMENT

 EXHIBIT 10.23 
  
 Amendment to Mr. Jordan’s 
 Executive Employment Agreement 
  
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT 
  
 AMENDED AND
RESTATED EMPLOYMENT AGREEMENT made this              day of November, 2003, by and between ITXC Corp., a corporation formed under the laws of the State of Delaware (the
“Company”), and Edward B. Jordan (the “Executive”). 
  
 W I T N E S S E T H: 
  
 WHEREAS, the Company wishes to
retain the continuing services of the Executive and the Executive wishes to continue such employment, and each desires to enter into an agreement to provide for the terms and conditions of such employment set forth herein; 
  
 WHEREAS, the Company and Executive have previously entered into an employment
agreement dated May [    ], 2003 (the “Prior Contract”) which the parties desire to amend and restate herein 
  
 NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, receipt of which is hereby acknowledged, the parties hereto
agree that the Prior Contract is amended and restated in its entirety to provide as follows: 
  
 1. Employment 
  
 The
Company agrees to employ the Executive during the Term specified in section 2, and the Executive agrees to accept such continued employment, upon the terms and conditions hereinafter set forth. 
  
 2. Term 
  
 Subject to Section 6 below and the other terms and conditions of this Agreement, the Executive’s employment by the
Company shall be for a term (the “Term”) commencing on May     , 2003 (the “Effective Date”) and expiring on the Expiration Date. For purposes of this Agreement, the term “Expiration Date”
shall mean July 1, 2004, except that (a) if a Trigger Event occurs prior to July 1, 2004 (or December 31, 2003 if the Trigger Event relates to a change in the Chief Executive Officer of the Company), the term “Expiration Date” shall mean
the date which is one year after the first such Trigger Event and (b) if the parties agree in writing to extend the Term beyond the period provided herein, the term “Expiration Date” shall mean the last day of such extended Term.
Notwithstanding anything contained herein to the contrary, in the event that the Executive’s employment with the Company continues after the Expiration Date, the Executive’s employment shall be deemed to be “at will” after the
Expiration Date. The effective date of the termination of the Executive’s employment with the Company, regardless of the reason therefor, is referred to in this Agreement as the “Date of Termination”. The term “Trigger
Event” shall mean (a) a Change in Control of the Company, as that term is defined in the Company’s 1998 Stock Incentive Plan, or (b) a change in the Chief Executive Officer of the Company, but only if such change in chief executive officer
occurs prior to December 31, 2003. 
  
 3. Duties and
Responsibilities 
  
 (a) During the Term, the Executive shall
retain his current title of Executive Vice President, Chief Financial Officer, Treasurer and Director or shall have such other title as may be agreed between the Executive and the Company. The Executive shall perform such duties and responsibilities
as may be assigned to him from time to time consistent with his position, and in the absence of such assignment, such duties as are customary and commensurate with such position. The Executive further agrees to accept election, and to serve during
all or any part of the Term, as a director of the Company and as an officer or director of any subsidiary of the Company, without any additional compensation therefor. 
  
 (b) The Executive’s employment by the Company shall be full-time and exclusive, and during the Term, the Executive
agrees that he will (i) devote substantially all of his business time and attention, his best efforts, and all his skill and ability to promote the interests of the Company and its affiliates; (ii) carry out his duties in a competent and
professional manner; (iii) work with other employees of the Company and its affiliates in a competent and professional manner; and (iv) generally promote the interests of the Company and its affiliates. Notwithstanding the foregoing, the Executive
shall be permitted to engage in civic or charitable activities and manage his personal investments, provided that such activities (individually or collectively) do not 

 materially interfere with the performance of his duties or responsibilities under this Agreement and provided that
Executive shall not make personal investments that result in his owning more than 5% of the voting stock of any entity that competes with the Company. 
  
 (c) The Executive’s principal office shall initially be located in Plainsboro, New Jersey, subject to necessary travel requirements of his position
and duties hereunder. The Company reserves the right to move Executive’s principal office to a location within a 50 miles of said location. 
  
 4. Compensation 
  
 (a) As compensation for his services hereunder, the Company shall pay the Executive, in accordance with its normal payroll practices, base salary
compensation at an annual rate not less than Executive’s base salary on the Effective Date. 
  
 (b) Subject to the attainment of such individual and Company objectives as the Company shall establish, the Executive shall be awarded a cash bonus for
each three month period of employment with a target bonus percentage of base salary equal to not less than the Executive’s target bonus percentage of base salary in effect on the Effective Date. 
  
 (c) The Executive has received and will continue to be eligible for the grant
of non-qualified options under the ITXC Corp. Stock Incentive Plan. 
  
 (d) All compensation paid to the Executive shall be subject to applicable tax withholding requirements. 
  
 5. Expenses; Fringe Benefits 
  
 During the Term, the Executive shall be eligible for all benefits in accordance with the Company policies in effect from time to time and shall be subject
to policies applicable to expenses and benefits of the Company. Notwithstanding anything contained herein to the contrary, the Company reserves the right to modify, amend or terminate any employee benefit plan or policy as it deems appropriate in
its discretion; provided that unless required by law, the Company shall not amend, modify or terminate any such plan or policy in a manner that treats the Executive differently from other similarly situated employees. 
  
 6. Termination 
  
 (a) The Company, by direction of its Board of Directors and/or Chief
Executive Officer, shall be entitled to terminate the Term prior to the Expiration Date and to discharge the Executive for “Cause” effective upon the giving of written notice. The term “Cause” shall be limited to the following
grounds: 
  
 (i) The willful and continued failure by the
Executive to substantially perform any of his material duties hereunder or to follow the reasonable and lawful orders of the Board of Directors of the Company or the Chief Executive Officer of the Company; 
  
 (ii) The Executive’s misappropriation of material assets of the Company;

  
 (iii) Use of alcohol or illegal drugs, materially interfering
with the performance of the Executive’s obligations under this Agreement; 
  
 (iv) Indictment, arraignment or conviction of a felony or of any crime involving moral turpitude, dishonesty or theft; 
  
 (v) The commission by the Executive of any willful or intentional act, or the Executive’s willful or intentional failure to act, which could
reasonably be expected to injure the reputation, business or business relationships of the Company; provided, however, that no act or failure to act on the part of the Executive shall be deemed to be willful or intentional if it was due primarily to
an error of judgment or negligence, but shall be deemed willful or intentional if done, or omitted to be done, by the Executive not in good faith and without reasonable belief that his action or omission was in or not opposed to the best interests
of the Company. Failure to meet performance standards or objectives of the Company by itself shall not constitute Cause for purposes of this Agreement; and 
  
 (vi) Any material breach (not covered by any of the clauses (i) through (v)) of any term, provision or condition of this Agreement or of any Company
policy. 
  
 (b) Upon the termination of the employment of the
Executive with the Company pursuant to Section 6(a) or by virtue of a voluntary resignation other than pursuant to a termination under section 6(d) below, or upon termination of the Executive by the 

 Company subsequent to the Expiration Date, the Company shall pay the Executive, subject to appropriate offsets, as
permitted by applicable law, for debts or money due to the Company (collectively, “Offsets”), (i) any earned but unpaid salary compensation, (ii) any earned but unpaid cash bonus, (iii) any unused accrued vacation and (iv) any unpaid
reimbursable expenses, in each case as of the Date of Termination. Further, for purposes of the Company’s 1998 Stock Incentive Plan and the stock options granted to the Executive thereunder, in the event of a termination of the employment of
the Executive by virtue of a voluntary resignation other than pursuant to a termination under section 6(d) below, (x) all of the Executive’s options shall be fully exercisable as of the date of such resignation and (y) all of such options shall
remain exercisable until one year after the Expiration Date. In the event that such voluntary resignation occurs less than three months prior to the end of the Term, the Term shall be deemed extended until three months after the date of such
resignation, solely for purposes of this paragraph. Except as otherwise expressly stated herein with respect to the Company’s 1998 Stock Incentive Plan, any benefits to which the Executive or his beneficiaries may be entitled to under the plans
and programs described in Section 5 above, or any other applicable plans and programs, as of his Date of Termination shall be determined in accordance with the terms of such plans and programs. Except as provided in this Section 6(b), and except for
indemnification obligations and obligations to pay advances under the Company’s Certificate of Incorporation, upon the termination of the Executive’s employment under the circumstances set forth in this Section 6(b), the Company shall have
no further liability to the Executive or the Executive’s heirs, beneficiaries or estate for damages, compensation, benefits, severance, indemnities or other amount of whatever nature. 
  
 (c) A “Termination Event” shall mean the occurrence of any of the
following, provided that the Termination Event occurs either after a Trigger Event or in anticipation of an expected Trigger Event: (i) actual termination of the Executive’s employment by the Company without Cause; (ii) a demotion of the
Executive or a material diminution in the Executive’s responsibilities or authority; (iii) the Executive’s being required to relocate more than 50 miles from his current place of employment; or (iv) a reduction of the Executive’s base
compensation or total target compensation. The Executive shall be entitled to terminate his employment and such termination shall be deemed a Termination Without Cause in the event that a Termination Event occurs or if, prior to the Expiration Date
the Company is in default of a material term of this Agreement, which default remains uncured for a period of 30 days after written notice of such default from the Executive to the Company, such notice to specify the specific nature of the claimed
default and the manner in which the Executive requires such default to be cured. Notwithstanding any such termination, or in the event the Executive suffers a Termination Event prior to the Expiration Date (hereinafter referred to as a
“Termination Without Cause”), the restrictions set forth in Section 8 shall remain in full force and effect. 
  
 (d) In the event of a Termination Without Cause, as liquidated damages, the Executive shall be entitled to receive from the Company, subject to any
Offsets and provided that the Executive is not in breach of his obligations to the Company under Section 8 hereof, (i) the Executive’s Salary and Bonus Component (as hereinafter defined), reduced by any income earned by the Executive, from any
entity determined in the sole judgment of the Company’s Board of Directors to be in competition with the Company, as a result of gainful activity during the remainder of the Term whether as an employee, principal, partner, agent, consultant,
co-venturer or in any other capacity, (ii) any unpaid reimbursable expenses outstanding, and (iii) any unused accrued paid personal time off days, as of the Date of Termination. Further, for purposes of the Company’s 1998 Stock Incentive Plan
and the stock options granted to the Executive thereunder, in the event of a Termination Without Cause, the Executive shall be deemed to be employed through the last day of the Term. In the event that the Termination Without Cause occurs less than
three months prior to the end of the Term, the Term shall be deemed extended until three months after the date of Termination Without Cause, solely for purposes of this paragraph. Except as otherwise expressly stated herein with respect to the
Company’s 1998 Stock Incentive Plan, any benefits to which Executive or his beneficiaries may be entitled to under the plans and programs described in section 5 above, or any other applicable plans and programs, as of his Date of Termination
shall be determined in accordance with the terms of such plans and programs; provided, however, that the first six months of the Executive’s cost of continued “COBRA” medical coverage, should such coverage be elected, shall be the
same as the cost paid by active executives of the Company for group health coverage. Except as provided in this section 6(d) in connection with a Termination Without Cause, and except for indemnification obligations under the Company’s
Certificate of Incorporation, (x) the Company shall have no further liability to the Executive or the Executive’s heirs, beneficiaries or estate for damages, compensation, benefits, severance, indemnities or other amounts of whatever nature and
(y) the Executive shall be under no obligation to mitigate his damages or to seek other employment. It is agreed that the provision of this Section 6(d) shall lapse as of the Expiration Date and shall not be deemed to continue as a result of
continued employment of the Executive unless provided for in a written agreement. 
  
 (e) The term “Executive’s Salary and Bonus Component” shall mean, for the Executive: 
  
 (i) all earned but unpaid salary accrued through the date on which a Termination Without Cause occurs and all bonuses earned but unpaid for periods up to,
but not including, the calendar quarter in which such termination occurs; 
  
 (ii) the Executive’s then current salary, payable during the period from the day after the date of such termination through the last day of the Term and payable at such intervals as shall have applied immediately
prior to such termination; 

 (iii) a bonus under the Company’s incentive compensation program for the calendar quarter in which
such termination occurs, payable within 30 days after the end of such quarter and in an amount equal to 90% of the Executive’s then current quarterly target bonus; 
  
 (iv) a bonus under the Company’s incentive compensation program for the period beginning on the first day of the
calendar quarter (the “Second Quarter”) immediately following the calendar quarter in which such termination occurs and ending on the sooner of (x) the last day of the Second Quarter or (y) the later of (1) the last day of the Term or (2)
the Final Date, payable within 30 days after the end of such period and in an amount equal to 90% of the Executive’s then current quarterly target bonus multiplied by a fraction, the numerator of which is the number of days in such period and
the denominator of which is the number of days in the Second Quarter; and 
  
 (v) in the event that the last day of the Term occurs prior to the Final Date (as defined herein), a lump sum amount equal to the Executive’s then current annual salary multiplied by a fraction, the numerator of
which shall be the number of days from the day after the last day of the Term through and including the Final Date and the denominator of which shall be 365. 
  
 (f) Thus, by way of example, if (a) a Trigger Event were to occur on December 15, 2003, (b) this Agreement were to terminate as a result of a Termination
Without Cause on March 15, 2004, (c) at the time of such termination, the Executive’ salary is $150,000 per year and (d) at the time of such termination, the Executive’s target bonus is $28,000 per quarter, then the Executive’s Salary
and Bonus Component would equal: 
  
 (i) all earned but unpaid
salary accrued through March 15, 2004 and all bonuses earned but unpaid through December 31 ,2003; 
  
 (ii) salary at the rate of $150,000 per year, payable during the period from March 16, 2004 through December 15, 2004; 
  
 (iii) a bonus for the quarter ending March 31, 2004 in an amount equal to
$25,200; and 
  
 (iv) a bonus for the quarter ending June 30, 2004
in an amount equal to $25,200. 
  
 (g) The term “Final
Date” shall mean the date which is a specified number of weeks after the Date of Termination. Such specified number shall be the lesser of (x) 26 and (y) two times the number of full six month periods during which the Executive shall have been
employed by the Company as of the Date of Termination. 
  
 7.
Disability; Death 
  
 (a) In the event the Executive shall
be unable to perform his duties hereunder by virtue of illness or physical or mental incapacity or disability (from any cause or causes whatsoever) in substantially the manner and to the extent required hereunder prior to the commencement of such
disability (all such causes being herein referred to as “disability”), the Company shall have the right to terminate the Executive’s employment hereunder as at the end of any calendar month during the continuance of such disability
upon at least 30 days’ prior written notice to him. In the event of the Executive’s death during the Term, the Date of Termination shall be the date of such death. 
  
 (b) In the event the Executive’s employment terminates pursuant to section 7(a), the Executive, or in the case of his
death, the Executive’s estate, shall be entitled to receive, subject to any Offsets, (i) all salary and bonus compensation earned but unpaid as of the Date of Termination, (ii) any unpaid reimbursable expenses outstanding and (iii) any unused
accrued vacation, as of such date. Any benefits to which the Executive or his beneficiaries may be entitled under the plans and programs described in Section 5 above, or any other applicable plans and programs, as of his Date of Termination shall be
determined in accordance with the terms of such plans and programs. Except as provided in this Section 7(b), in the event of the Executive’s termination due to disability or death, the Company shall have no further liability to the Executive or
the Executive’s heirs, beneficiaries or estate for damages, compensation, benefits, severance, indemnities or other amounts of whatever nature. 
  
 8. Confidential Information and Noncompete  
  
 The Executive acknowledges that the provisions of the employee confidentiality, intellectual property and noncompete agreement (the “Employee
Agreement”) previously executed by him remain in full force and effect, except that the noncompete provisions shall, unless waived by the Company, expire twelve months after the date on which the Executive is last paid by the Company. Executive
may voluntarily elect to stop payments from the Company at any time. 

 9. Enforceability 
  
 The failure of any party at any time to require performance by another party of any provision hereunder shall in no way
affect the right of that party thereafter to enforce the same, nor shall it affect any other party’s right to enforce the same, or to enforce any of the other provisions in this Agreement; nor shall the waiver by any party of the breach of any
provision hereof be taken or held to be a waiver of any subsequent breach of such provision or as a waiver of the provision itself. 
  
 10. Assignment 
  
 This Agreement is a personal contract and the Executive’s rights and obligations hereunder may not be sold, transferred, assigned, pledged or
hypothecated by the Executive. The rights and obligation of the Company hereunder shall be binding upon and run in favor of the successors and assigns of the Company; provided, however, the Company may not assign or transfer its rights or
obligations under this Agreement unless such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. 
  
 11. Modification 
  
 This Agreement may not be orally canceled, changed, modified or amended, and
no cancellation, change, modification or amendment shall be effective or binding, unless in writing and signed by the parties to this Agreement. 
  
 12. Severability; Survival 
  
 In the event any provision or portion of this Agreement is determined to be invalid or unenforceable for any reason, in whole or in part, the remaining
provisions of this Agreement shall nevertheless be binding upon the parties with the same effect as though the invalid or unenforceable part had been severed and deleted. The respective rights and obligations of the parties hereunder shall survive
the termination of the Executive’s employment to the extent necessary to the intended preservation of such rights and obligations. 
  
 15. Notice 
  
 Any notice, request, instruction or other document to be given hereunder by any party hereto to another party shall be in writing and shall be deemed
effective (a) upon personal delivery, if delivered by hand, or (b) three days after the date of deposit in the mails, postage prepaid, if mailed by certified or registered mail, or (c) on the next business day, if sent by facsimile transmission or
prepaid overnight courier service, and in each case, addressed as follows: 
  
 If to the Executive: 
  
 Edward B. Jordan 
 [Home address omitted] 
  

If to the Company: 
  
 ITXC Corp. 
 750 College Road East 

Princeton, New Jersey 08540 
 Attention:
Chief Executive Officer 
  
 Any party may change the address to which notices are
to be sent by giving notice of such change of address to the other party in the manner herein provided for giving notice. 
  
 16. Applicable Law 
  
 This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey, without application of conflict or law
provisions applicable herein. 
  
 17. Subsidiaries and
Affiliates 
  
 As used herein, the term “subsidiary”
shall mean any corporation or other business entity controlled directly or indirectly by the corporation or other business entity in question, and the term “affiliate” shall mean and include any corporation or other business entity
directly or indirectly controlling, controlled by or under common control with the corporation or other business entity in question. 

 18. No Conflict 
  
 The Executive represents and warrants that he is not subject to any agreement, instrument, order, judgment or decree of any
kind, or any other restrictive agreement of any character, which would prevent him from entering into this Agreement or which would be breached by the Executive upon his performance of his duties pursuant to this Agreement. 
  
 19. Entire Agreement 
  
 This Agreement and the Employee Agreement represent the entire agreement
between the Company and the Executive with respect to the subject matter hereof, and all prior agreements, plans and arrangements relating to the employment of the Executive the Company are nullified and superseded hereby. 
  
 20. Headings 
  
 The headings contained in this Agreement are for reference purposes only, and
shall not affect the meaning or interpretation of this Agreement. 
  
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. 
  

			
	ITXC CORP.
	 
	 By:
	 	 /s/    Tom Evslin

	 	 	 Name: Tom Evslin
 Title:   Chairman and CEO

	
	 Executive’s Signature

		
	 	 	 /s/    Edward B. Jordan

	 	 	Edward B. JordanEMPLOYMENT AGREEMENT WITH ANTHONY SERVIDIO

 EXHIBIT 10.24 
  
 Employment Agreement with Anthony Servidio 
  
 December 17, 2003 
  

Anthony Servidio 
 [Home address omitted] 
  
 Dear Anthony:

  
 As you know, ITXC has entered into an agreement with Teleglobe which is
anticipated to result in a merger between the two companies in the event that a series of conditions are met. Unless and until that transaction is consummated, ITXC will continue to operate as an independent company. The purpose of this letter is to
describe a Special Incentive Retention Pay Plan that has been adopted to encourage certain employees such as you to remain employees for a transition period following the closing of the transaction. We have not identified a position for you with the
combined company past the transition period at this time although we will continue to evaluate your skills for positions which do open up. If the transaction with Teleglobe does not close, our current plan is to continue your position as we evaluate
the future needs of the business. 
  
 This Plan is also intended to provide
severance benefits to those employees whose employment will terminate in connection with the merger, assuming it occurs, subject to the employees’ execution and delivery of a Separation and General Release Agreement. Currently, we anticipate
your transition period being more than 9 months but less than 12 months following the closing of the transaction. This date is only an estimate and is subject to change. Unless you are terminated for cause, even if Company plans change, you will
receive at least your base salary and the bonus described below as if you had been employed for 9 months after closing. 
  
 In the event the transaction is consummated, the Special Incentive Retention Pay Plan will be administered as detailed below, with the bonus paid to you in one lump sum,
less customary deductions and withholdings required by applicable law, on the first regularly scheduled pay date following your termination date: 
  

	 	•	If you remain employed by the new organization for a period of more than three (3) months but less than six (6) months after closing, you will be eligible to receive a Stay Bonus
equal to 20% of your base salary (excluding overtime, bonuses, commissions, shift differential, employee benefits, expense reimbursements, and similar amounts) for the period covering January 1, 2004, through your termination date;

  

	 	•	If you remain employed by the new organization for six (6) months or more but less than nine (9) months after closing, you will be eligible to receive a Stay Bonus equal to 30% of
your base salary (excluding overtime, bonuses, commissions, shift differential, employee benefits, expense reimbursements, and similar amounts) for the period covering January 1, 2004, through your termination date; and 

  

	 	•	If you remain employed by the new organization for nine (9) months or more after closing, you will be eligible to receive a Stay Bonus equal to 50% of your base salary (excluding
overtime, bonuses, commissions, shift differential, employee benefits, expense reimbursements, and similar amounts) for the period covering January 1, 2004, through your termination date. 

  
 In addition, you will become immediately eligible for severance payments if you are
permanently laid off, other than for Cause, within twelve months following the merger closing. Eligible employees will receive two weeks of severance for every full six month period worked up to the date of termination, with a minimum severance
payment of eight weeks and a maximum payment of twenty-six weeks. No other prorated severance payment will be paid for any fractional period of less than six months of service. This severance payment will be paid in equal installments on a biweekly
basis, less customary deductions and withholdings to the extent required by applicable law, starting with the first regularly scheduled payroll following your termination date, and subject to the execution of a Separation and General Release
Agreement, which will be provided under separate cover. These severance payments are also contingent upon you remaining actively employed and an employee in good standing between now and your termination date. 

 In the event that the transaction between ITXC and Teleglobe is not consummated, you will still receive this Stay Bonus
and it will be paid in one lump sum on the first regularly scheduled pay date following July 1, 2005. Of course, in either situation, you must be actively employed and an employee in good standing at the time of the actual payout in order to receive
the Stay Bonus. 
  
 Additional Benefits:

  
 If you receive Severance Payments, you will also be eligible for the
following: 
  

	 	•	Health Benefits - You may elect to continue to participate in the medical, dental and vision benefit programs sponsored by the Company in which you are currently participating in
accordance with COBRA. During the severance period, the Company will continue to pay the employer portion of such coverage(s) and your cost of such coverage(s) shall be the same as the cost payable by active employees of the Company for such
coverage, as in effect from time to time. After the severance period, you may, if otherwise eligible, continue COBRA coverage for the balance of the applicable COBRA period remaining after expiration of the severance period, at the full cost of such
coverage. 

  

	 	•	Paid Time Off Payment - Payment of an additional 50% of your unused accrued paid time off, so that with the amounts paid in accordance with Paid Time Off policy guidelines, you will
have received a total payment of 100% for unused accrued paid time off. 

  

	 	•	Stock Options – If your position is eliminated within twelve months after the closing of the merger, all outstanding options will become immediately vested. You will be
entitled to exercise these options for up to one year after termination. 

  

	 	•	Bonus Payments – If you are terminated by ITXC other than for Cause, you will receive any applicable bonus payment earned for any quarter in which you completed employment,
regardless of whether you are on roll as of the date of bonus payout. This does not apply if you voluntarily resign. 

  
 Again, to be clear, your eligibility for these benefits will be contingent upon your execution and delivery of a Separation and General Release Agreement. 
  
 In addition, even if you are on notice of your impending layoff, you will not be eligible for
the severance payment or Stay Bonus if the Company determines, in its sole judgment, that your employment terminated as a result of resignation, retirement, death, or disability, or by discharge for poor performance, misconduct, violation of Company
policy or practice, or any other reason except layoff. If you are on a leave of absence (either paid or unpaid) when your employment terminates, you will not be eligible for the Severance Payment or Stay Bonus, except as otherwise required by law.

  
 As has been the case throughout your employment, your employment up to and
until the termination date shall be at-will. This means that the Company may terminate your employment at any time and you may resign from your employment at any time. If you are involuntarily terminated or if you resign before your termination
date, you will not be eligible for the severance payment or Stay Bonus. 
  
 We
thank you for the contribution you made since joining ITXC and look forward to your continued effort and support during your transition period. 
  
 Sincerely, 
  

			
	 Tom Evslin

	 Chairman & CEO

	
	 Agreed and Accepted:

	 December 15, 2003

	
	 /s/    Anthony Servidio

 Anthony Servidio

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