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Exhibit 10.1

                               INDEMNITY AGREEMENT

         This Indemnification Agreement ("Agreement") is made as of ________ __,
200_ by and between EASYLINK SERVICES CORPORATION, a Delaware corporation (the
"Company"), and ______________ ("Indemnitee").

                                    RECITALS

         WHEREAS, highly competent persons have become more reluctant to serve
publicly-held corporations as directors or officers or in other capacities
unless they are provided with adequate protection through insurance or adequate
indemnification against inordinate risks of claims and actions against them
arising out of their service to and activities on behalf of the corporation;

         WHEREAS, the Board of Directors of the Company (the "Board") has
determined that, in order to attract and retain qualified individuals, the
Company will attempt to maintain on an ongoing basis, at its sole expense,
liability insurance to protect persons serving the Company and its subsidiaries
from certain liabilities. Although the furnishing of such insurance has been a
customary and widespread practice among United States-based corporations and
other business enterprises, the Company believes that, given current market
conditions and trends, such insurance may be available to it in the future only
at higher premiums and with more exclusions. At the same time, directors,
officers, and other persons in service to corporations or business enterprises
are being increasingly subjected to expensive and time-consuming litigation
relating to, among other things, matters that traditionally would have been
brought only against the Company or business enterprise itself. The By-laws of
the Company require indemnification of the officers and directors of the
Company. Indemnitee may also be entitled to indemnification pursuant to the
General Corporation Law of the State of Delaware ("DGCL"). The DGCL expressly
provides that the indemnification provisions set forth therein are not
exclusive, and thereby contemplate that contracts may be entered into between
the Company and members of the board of directors, officers and other persons
with respect to indemnification;

         WHEREAS, the uncertainties relating to such insurance and to
indemnification have increased the difficulty of attracting and retaining such
persons;

         WHEREAS, the Board has determined that the increased difficulty in
attracting and retaining such persons is detrimental to the best interests of
the Company's stockholders and that the Company should act to assure such
persons that there will be increased certainty of such protection in the future;

         WHEREAS, it is reasonable, prudent and necessary for the Company
contractually to obligate itself to indemnify, and to advance expenses on behalf
of, such persons to the fullest extent permitted by applicable law so that they
will serve or continue to serve the Company free from undue concern that they
will not be so indemnified;

         WHEREAS, this Agreement is a supplement to and in furtherance of the
By-laws of the Company and any resolutions adopted pursuant thereto, and shall
not be deemed a substitute therefor, nor to diminish or abrogate any rights of
Indemnitee thereunder;

         WHEREAS, Indemnitee does not regard the protection available under the
Company's By-laws and insurance as adequate in the present circumstances, and
may not be willing to serve as an officer or director without adequate
protection, and the Company desires Indemnitee to serve in such capacity.
Indemnitee is willing to serve, continue to serve and to take on additional
service for or on behalf of the Company on the condition that he be so
indemnified; and

         NOW, THEREFORE, in consideration of the premises and the covenants
contained herein, the Company and Indemnitee do hereby covenant and agree as
follows:

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         Section 1. Services to the Company. Indemnitee has agreed to serve as a
director, officer, employee or agent of the Company or, at the request of the
Company, as a director officer, employee, agent or fiduciary of another
Enterprise. Indemnitee may at any time and for any reason resign from such
position (subject to any other contractual obligation or any obligation imposed
by operation of law), in which event the Company shall have no obligation under
this Agreement to continue Indemnitee in such position. This Agreement shall not
be deemed an employment contract between the Company (or any of its subsidiaries
or any Enterprise) and Indemnitee. Indemnitee specifically acknowledges that
Indemnitee's employment with the Company (or any of its subsidiaries or any
other Enterprise), if any, is at will, and the Indemnitee may be discharged at
any time for any reason, with or without cause, except as may be otherwise
provided in any written employment contract between Indemnitee and the Company
(or any of its subsidiaries or any other Enterprise), other applicable formal
severance policies duly adopted by the Board, or, with respect to service as a
director or officer of the Company, in the Company's Certificate of
Incorporation, the Company's By-laws, and the General Corporation Law of the
State of Delaware. The foregoing notwithstanding, this Agreement shall continue
in force after Indemnitee has ceased to serve as an officer, director, employee,
agent or fiduciary of the Company or another Enterprise.

         Section 2. Definitions. As used in this Agreement:

         (a) A "Change in Control" shall be deemed to occur upon the earliest to
occur after the date of this Agreement of any of the following events:

                  (i) Acquisition of Stock by Third Party. Any Person (as
         defined below) is or becomes the Beneficial Owner (as defined below),
         directly or indirectly, of securities of the Company representing
         thirty percent (30%) or more of the combined voting power of the
         Company's then outstanding securities;

                  (ii) Change in Board of Directors. During any period of two
         (2) consecutive years (not including any period prior to the execution
         of this Agreement), individuals who at the beginning of such period
         constitute the Board, and any new director (other than a director
         designated by a person who has entered into an agreement with the
         Company to effect a transaction described in Sections 2(a)(i),
         2(a)(iii) or 2(a)(iv)) whose election by the Board or nomination for
         election by the Company's stockholders was approved by a vote of at
         least two-thirds of the directors then still in office who either were
         directors at the beginning of the period or whose election or
         nomination for election was previously so approved, cease for any
         reason to constitute a least a majority of the members of the Board;

                  (iii) Corporate Transactions. The effective date of a merger
         or consolidation of the Company with any other entity, other than a
         merger or consolidation which would result in the voting securities of
         the Company outstanding immediately prior to such merger or
         consolidation continuing to represent (either by remaining outstanding
         or by being converted into voting securities of the surviving entity)
         more than 51% of the combined voting power of the voting securities of
         the surviving entity outstanding immediately after such merger or
         consolidation and with the power to elect at least a majority of the
         board of directors or other governing body of such surviving entity;

                  (iv) Liquidation. The approval by the stockholders of the
         Company of a complete liquidation of the Company or an agreement for
         the sale or disposition by the Company of all or substantially all of
         the Company's assets; and

                  (v) Other Events. There occurs any other event of a nature
         that would be required to be reported in response to Item 6(e) of
         Schedule 14A of Regulation 14A (or a response to any similar item on
         any similar schedule or form) promulgated under the Exchange Act (as
         defined below), whether or not the Company is then subject to such
         reporting requirement.

         For purposes of this Section 2(a), the following terms shall have the
following meanings: (a)

                  (A) "Exchange Act" shall mean the Securities Exchange Act of
         1934, as amended.

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                  (B) "Person" shall have the meaning as set forth in Sections
         13(d) and 14(d) of the Exchange Act; provided, however, that Person
         shall exclude (i) the Company, (ii) any trustee or other fiduciary
         holding securities under an employee benefit plan of the Company, and
         (iii) any corporation owned, directly or indirectly, by the
         stockholders of the Company in substantially the same proportions as
         their ownership of stock of the Company.

                  (C) "Beneficial Owner" shall have the meaning given to such
         term in Rule 13d-3 under the Exchange Act; provided, however, that
         Beneficial Owner shall exclude any Person otherwise becoming a
         Beneficial Owner by reason of the stockholders of the Company approving
         a merger of the Company with another entity.

         (b) "Corporate Status" describes the status of a person who is or was a
director, officer, employee, agent or fiduciary of the Company or of any other
Enterprise.

         (c) "Disinterested Director" means a director of the Company who is not
and was not a party to the Proceeding in respect of which indemnification is
sought by Indemnitee.

         (d) "Enterprise" shall mean the Company and any other corporation,
partnership, joint venture, trust, employee benefit plan or other enterprise of
which Indemnitee is or was serving at the request of the Company as a director,
officer, employee, agent or fiduciary.

         (e) "Expenses" shall include all reasonable attorneys' fees, retainers,
court costs, transcript costs, fees of experts, witness fees, travel expenses,
duplicating costs, printing and binding costs, telephone charges, postage,
delivery service fees, and all other disbursements or expenses of the types
customarily incurred in connection with prosecuting, defending, preparing to
prosecute or defend, investigating, being or preparing to be a witness in, or
otherwise participating in, a Proceeding. Expenses also shall include Expenses
incurred in connection with any appeal resulting from any Proceeding, including
without limitation the premium, security for, and other costs relating to any
cost bond, supersedeas bond, or other appeal bond or its equivalent. Expenses,
however, shall not include amounts paid in settlement by Indemnitee or the
amount of judgments or fines against Indemnitee.

         (f) "Independent Counsel" means a law firm, or a member of a law firm,
that is experienced in matters of corporation law and neither presently is, nor
in the past five years has been, retained to represent: (i) the Company or
Indemnitee in any matter material to either such party (other than with respect
to matters concerning the Indemnitee under this Agreement, or of other
indemnitees under similar indemnification agreements), or (ii) any other party
to the Proceeding giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term "Independent Counsel" shall not include
any person who, under the applicable standards of professional conduct then
prevailing, would have a conflict of interest in representing either the Company
or Indemnitee in an action to determine Indemnitee's rights under this
Agreement. The Company agrees to pay the reasonable fees and expenses of the
Independent Counsel referred to above and to fully indemnify such counsel
against any and all Expenses, claims, liabilities and damages arising out of or
relating to this Agreement or its engagement pursuant hereto.

         (g) The term "Proceeding" shall include any threatened, pending or
completed action, suit, arbitration, alternate dispute resolution mechanism,
investigation, inquiry, administrative hearing or any other actual, threatened
or completed proceeding, whether brought in the right of the Company or
otherwise and whether of a civil, criminal, administrative or investigative
nature, in which Indemnitee was, is or will be involved as a party or otherwise
by reason of the fact that Indemnitee is or was a director, officer, employee,
agent or fiduciary of the Company or another Enterprise, or by reason of any
action taken by him or of any action on his part while acting as director,
officer, employee, agent or fiduciary of the Company or another Enterprise, in
each case whether or not serving in such capacity at the time any liability or
expense is incurred for which indemnification, reimbursement, or advancement of
expenses can be provided under this Agreement; except one initiated by a
Indemnitee to enforce his rights under this Agreement.

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         (h) References to "fines" shall include any excise tax assessed with
respect to any employee benefit plan; references to "serving at the request of
the Company" shall include any service as a director, officer, employee, agent
or fiduciary of the Company or another Enterprise which imposes duties on, or
involves services by, such director, officer, employee, agent or fiduciary with
respect to an employee benefit plan, its participants or beneficiaries; and a
person who acted in good faith and in a manner he reasonably believed to be in
the best interests of the participants and beneficiaries of an employee benefit
plan shall be deemed to have acted in manner "not opposed to the best interests
of the Company" as referred to in this Agreement.

         Section 3. Indemnity in Third-Party Proceedings. The Company shall
indemnify Indemnitee in accordance with the provisions of this Section 3 if
Indemnitee is, or is threatened to be made, a party to or a participant in any
Proceeding, other than a Proceeding by or in the right of the Company to procure
a judgment in its favor. Pursuant to this Section 3, Indemnitee shall be
indemnified against all Expenses, judgments, fines and amounts paid in
settlement actually and reasonably incurred by Indemnitee or on his behalf in
connection with such Proceeding or any claim, issue or matter therein, if
Indemnitee acted in good faith and in a manner he reasonably believed to be in
or not opposed to the best interests of the Company and, in the case of a
criminal proceeding had no reasonable cause to believe that his conduct was
unlawful.

         Section 4. Indemnity in Proceedings by or in the Right of the Company.
The Company shall indemnify Indemnitee in accordance with the provisions of this
Section 4 if Indemnitee is, or is threatened to be made, a party to or a
participant in any Proceeding by or in the right of the Company to procure a
judgment in its favor. Pursuant to this Section 4, Indemnitee shall be
indemnified against all Expenses actually and reasonably incurred by him or on
his behalf in connection with such Proceeding or any claim, issue or matter
therein, if Indemnitee acted in good faith and in a manner he reasonably
believed to be in or not opposed to the best interests of the Company. No
indemnification for Expenses shall be made under this Section 4 in respect of
any claim, issue or matter as to which Indemnitee shall have been finally
adjudged by a court to be liable to the Company, unless and only to the extent
that the Delaware Court of Chancery or any court in which the Proceeding was
brought shall determine upon application that, despite the adjudication of
liability but in view of all the circumstances of the case, Indemnitee is fairly
and reasonably entitled to indemnification.

         Section 5. Indemnification for Expenses of a Party Who is Wholly or
Partly Successful. Notwithstanding any other provisions of this Agreement, to
the extent that Indemnitee is a party to (or a participant in) and is
successful, on the merits or otherwise, in any Proceeding or in defense of any
claim, issue or matter therein, in whole or in part, the Company shall indemnify
Indemnitee against all Expenses actually and reasonably incurred by him in
connection therewith. If Indemnitee is not wholly successful in such Proceeding
but is successful, on the merits or otherwise, as to one or more but less than
all claims, issues or matters in such Proceeding, the Company shall indemnify
Indemnitee against all Expenses actually and reasonably incurred by him or on
his behalf in connection with each successfully resolved claim, issue or matter.
If the Indemnitee is not wholly successful in such Proceeding, the Company also
shall indemnify Indemnitee against all Expenses reasonably incurred in
connection with a claim, issue or matter related to any claim, issue, or matter
on which the Indemnitee was successful. For purposes of this Section and without
limitation, the termination of any claim, issue or matter in such a Proceeding
by dismissal, with or without prejudice, shall be deemed to be a successful
result as to such claim, issue or matter.

         Section 6. Indemnification For Expenses of a Witness. Notwithstanding
any other provision of this Agreement, to the extent that Indemnitee is, by
reason of his Corporate Status, a witness in any Proceeding to which Indemnitee
is not a party, he shall be indemnified against all Expenses actually and
reasonably incurred by him or on his behalf in connection therewith.

         Section 7. Additional Indemnification.

         (a) Notwithstanding any limitation in Sections 3, 4, or 5, the Company
shall indemnify Indemnitee to the fullest extent permitted by law if Indemnitee
is a party to or threatened to be made a party to any Proceeding (including a
Proceeding by or in the right of the Company to procure a judgment in its favor)
against all Expenses, judgments, fines and amounts paid in settlement actually
and reasonably incurred by Indemnitee in connection with the Proceeding.

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         (b) For purposes of Section 7(a), the meaning of the phrase "to the
fullest extent permitted by law" shall include, but not be limited to:

                  (i) to the fullest extent permitted by the provision of the
         DGCL that authorizes or contemplates additional indemnification by
         agreement, or the corresponding provision of any amendment to or
         replacement of the DGCL, and

                  (ii) to the fullest extent authorized or permitted by any
         amendments to or replacements of the DGCL adopted after the date of
         this Agreement that increase the extent to which a corporation may
         indemnify its officers and directors.

         Section 8. Exclusions. Notwithstanding any provision in this Agreement,
the Company shall not be obligated under this Agreement to make any indemnity in
connection with any claim made against Indemnitee:

                  (a) for which payment has actually been made to or on behalf
         of Indemnitee under any insurance policy or other indemnity provision,
         except with respect to any excess beyond the amount paid under any
         insurance policy or other indemnity provision; or

                  (b) for an accounting of profits made from the purchase and
         sale (or sale and purchase) by Indemnitee of securities of the Company
         within the meaning of Section 16(b) of the Securities Exchange Act of
         1934, as amended, or similar provisions of state statutory law or
         common law; or

                  (c) in connection with any Proceeding (or any part of any
         Proceeding) initiated by Indemnitee, including any Proceeding (or any
         part of any Proceeding) initiated by Indemnitee against the Company or
         its directors, officers, employees or other indemnitees, unless (i) the
         Board of Directors of the Company authorized the Proceeding (or any
         part of any Proceeding) prior to its initiation or (ii) the Company
         provides the indemnification, in its sole discretion, pursuant to the
         powers vested in the Company under applicable law.

         Section 9. Advances of Expenses. Notwithstanding any provision of this
Agreement to the contrary, the Company shall advance, to the extent not
prohibited by law, the expenses incurred by Indemnitee in connection with any
Proceeding, and such advancement shall be made within 30 days after the receipt
by the Company of a statement or statements requesting such advances from time
to time, whether prior to or after final disposition of any Proceeding. Advances
shall be unsecured and interest free. Advances shall be made without regard to
Indemnitee's ability to repay the expenses and without regard to Indemnitee's
ultimate entitlement to indemnification under the other provisions of this
Agreement. Advances shall include any and all reasonable Expenses incurred
pursuing an action to enforce this right of advancement, including Expenses
incurred preparing and forwarding statements to the Company to support the
advances claimed. The Indemnitee shall qualify for advances upon the execution
and delivery to the Company of this Agreement which shall constitute an
undertaking providing that the Indemnitee undertakes to repay the advance to the
extent that it is ultimately determined that Indemnitee is not entitled to be
indemnified by the Company. This Section 9 shall not apply to any claim made by
Indemnitee for which indemnity is excluded pursuant to Section 8.

         Section 10. Procedure for Notification and Defense of Claim.

         (a) To obtain indemnification under this Agreement, Indemnitee shall
submit to the Company a written request. The omission to notify the Company will
not relieve the Company from any liability which it may have to Indemnitee
otherwise than under this Agreement. The Secretary of the Company shall,
promptly upon receipt of such a request for indemnification, advise the Board in
writing that Indemnitee has requested indemnification.

         (b) The Company will be entitled to participate in the Proceeding at
its own expense.

         Section 11. Procedure Upon Application for Indemnification.

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         (a) Subject to Section 13(e), after written request by Indemnitee for
indemnification pursuant to the first sentence of Section 10(a), a
determination, if required by applicable law, with respect to Indemnitee's
entitlement thereto shall be made in the specific case: (i) if a Change in
Control shall have occurred, by Independent Counsel in a written opinion to the
Board of Directors, a copy of which shall be delivered to Indemnitee; or (ii) if
a Change in Control shall not have occurred, (A) by a majority vote of the
Disinterested Directors, even though less than a quorum of the Board, (B) by a
committee of Disinterested Directors designated by a majority vote of the
Disinterested Directors, even though less than a quorum of the Board, (C) if
there are no such Disinterested Directors or, if such Disinterested Directors so
direct, by Independent Counsel in a written opinion to the Board, a copy of
which shall be delivered to Indemnitee or (D) if so directed by the Board, by
the stockholders of the Company; and, if it is so determined that Indemnitee is
entitled to indemnification, payment to Indemnitee shall be made within ten (10)
days after such determination. Indemnitee shall cooperate with the person,
persons or entity making such determination with respect to Indemnitee's
entitlement to indemnification, including providing to such person, persons or
entity upon reasonable advance request any documentation or information which is
not privileged or otherwise protected from disclosure and which is reasonably
available to Indemnitee and reasonably necessary to such determination. Any
costs or expenses (including attorneys' fees and disbursements) incurred by
Indemnitee in so cooperating with the person, persons or entity making such
determination shall be borne by the Company (irrespective of the determination
as to Indemnitee's entitlement to indemnification) and the Company hereby
indemnifies and agrees to hold Indemnitee harmless therefrom.

         (b) In the event the determination of entitlement to indemnification is
to be made by Independent Counsel pursuant to Section 11(a) hereof, the
Independent Counsel shall be selected as provided in this Section 11(b). If a
Change in Control shall not have occurred, the Independent Counsel shall be
selected by the Board of Directors, and the Company shall give written notice to
Indemnitee advising him of the identity of the Independent Counsel so selected.
If a Change in Control shall have occurred, the Independent Counsel shall be
selected by Indemnitee (unless Indemnitee shall request that such selection be
made by the Board of Directors, in which event the preceding sentence shall
apply), and Indemnitee shall give written notice to the Company advising it of
the identity of the Independent Counsel so selected. In either event, Indemnitee
or the Company, as the case may be, may, within 10 days after such written
notice of selection shall have been given, deliver to the Company or to
Indemnitee, as the case may be, a written objection to such selection; provided,
however, that such objection may be asserted only on the ground that the
Independent Counsel so selected does not meet the requirements of "Independent
Counsel" as defined in Section 2 of this Agreement, and the objection shall set
forth with particularity the factual basis of such assertion. Absent a proper
and timely objection, the person so selected shall act as Independent Counsel.
If such written objection is so made and substantiated, the Independent Counsel
so selected may not serve as Independent Counsel unless and until such objection
is withdrawn or a court has determined that such objection is without merit.
Subject to Section 13(e), if, within 20 days after submission by Indemnitee of a
written request for indemnification pursuant to Section 10(a) hereof, no
Independent Counsel shall have been selected and not objected to, either the
Company or Indemnitee may petition a court of competent jurisdiction for
resolution of any objection which shall have been made by the Company or
Indemnitee to the other's selection of Independent Counsel and/or for the
appointment as Independent Counsel of a person selected by the Court or by such
other person as the Court shall designate, and the person with respect to whom
all objections are so resolved or the person so appointed shall act as
Independent Counsel under Section 11(a) hereof. Upon the due commencement of any
judicial proceeding or arbitration pursuant to Section 13(a) of this Agreement,
Independent Counsel shall be discharged and relieved of any further
responsibility in such capacity (subject to the applicable standards of
professional conduct then prevailing).

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         Section 12. Presumptions and Effect of Certain Proceedings.

         (a) In making a determination with respect to entitlement to
indemnification hereunder, the person or persons or entity making such
determination shall presume that Indemnitee is entitled to indemnification under
this Agreement if Indemnitee has submitted a request for indemnification in
accordance with Section 10(a) of this Agreement, and the Company shall have the
burden of proof to overcome that presumption in connection with the making by
any person, persons or entity of any determination contrary to that presumption.
Neither the failure of the Company (including by its directors or independent
legal counsel) to have made a determination prior to the commencement of any
action pursuant to this Agreement that indemnification is proper in the
circumstances because Indemnitee has met the applicable standard of conduct, nor
an actual determination by the Company (including by its directors or
independent legal counsel) that Indemnitee has not met such applicable standard
of conduct, shall be a defense to the action or create a presumption that
Indemnitee has not met the applicable standard of conduct.

         (b) Subject to Section 13(e), if the person, persons or entity
empowered or selected under Section 11 of this Agreement to determine whether
Indemnitee is entitled to indemnification shall not have made a determination
within sixty (60) days after receipt by the Company of the request therefor, the
requisite determination of entitlement to indemnification shall be deemed to
have been made and Indemnitee shall be entitled to such indemnification, absent
(i) a misstatement by Indemnitee of a material fact, or an omission of a
material fact necessary to make Indemnitee's statement not materially
misleading, in connection with the request for indemnification, or (ii) a
prohibition of such indemnification under applicable law; provided, however,
that such 60-day period may be extended for a reasonable time, not to exceed an
additional thirty (30) days, if the person, persons or entity making the
determination with respect to entitlement to indemnification in good faith
requires such additional time for the obtaining or evaluating of documentation
and/or information relating thereto; and provided, further, that the foregoing
provisions of this Section 12(b) shall not apply (i) if the determination of
entitlement to indemnification is to be made by the stockholders pursuant to
Section 11(a) of this Agreement and if (A) within fifteen (15) days after
receipt by the Company of the request for such determination the Board of
Directors has resolved to submit such determination to the stockholders for
their consideration at an annual meeting thereof to be held within seventy five
(75) days after such receipt and such determination is made thereat, or (B) a
special meeting of stockholders is called within fifteen (15) days after such
receipt for the purpose of making such determination, such meeting is held for
such purpose within sixty (60) days after having been so called and such
determination is made thereat, or (ii) if the determination of entitlement to
indemnification is to be made by Independent Counsel pursuant to Section 11(a)
of this Agreement.

         (c) The termination of any Proceeding or of any claim, issue or matter
therein, by judgment, order, settlement or conviction, or upon a plea of nolo
contendere or its equivalent, shall not (except as otherwise expressly provided
in this Agreement) of itself adversely affect the right of Indemnitee to
indemnification or create a presumption that Indemnitee did not act in good
faith and in a manner which he reasonably believed to be in or not opposed to
the best interests of the Company or, with respect to any criminal Proceeding,
that Indemnitee had reasonable cause to believe that his conduct was unlawful.

         (d) Reliance as Safe Harbor. For purposes of any determination of good
faith, Indemnitee shall be deemed to have acted in good faith if Indemnitee's
action is based on the records or books of account of the Enterprise, including
financial statements, or on information supplied to Indemnitee by the officers
of the Enterprise in the course of their duties, or on the advice of legal
counsel for the Enterprise or on information or records given or reports made to
the Enterprise by an independent certified public accountant or by an appraiser
or other expert selected with the reasonable care by the Enterprise. The
provisions of this Section 12(d) shall not be deemed to be exclusive or to limit
in any way the other circumstances in which the Indemnitee may be deemed to have
met the applicable standard of conduct set forth in this Agreement.

         (e) Actions of Others. The knowledge and/or actions, or failure to act,
of any director, officer, agent or employee of the Enterprise shall not be
imputed to Indemnitee for purposes of determining the right to indemnification
under this Agreement.

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         Section 13.  Remedies of Indemnitee.

         (a) Subject to Section 13(e), in the event that (i) a determination is
made pursuant to Section 11 of this Agreement that Indemnitee is not entitled to
indemnification under this Agreement, (ii) advancement of Expenses is not timely
made pursuant to Section 9 of this Agreement, (iii) no determination of
entitlement to indemnification shall have been made pursuant to Section 11(a) of
this Agreement within 90 days after receipt by the Company of the request for
indemnification, (iv) payment of indemnification is not made pursuant to Section
5 or 6 or the last sentence of Section 11(a) of this Agreement within ten (10)
days after receipt by the Company of a written request therefor, or (v) payment
of indemnification pursuant to Section 3, 4 or 7 of this Agreement is not made
within ten (10) days after a determination has been made that Indemnitee is
entitled to indemnification, Indemnitee shall be entitled to an adjudication by
a court of his entitlement to such indemnification or advancement of Expenses.
Alternatively, Indemnitee, at his option, may seek an award in arbitration to be
conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of
the American Arbitration Association. Indemnitee shall commence such proceeding
seeking an adjudication or an award in arbitration within 180 days following the
date on which Indemnitee first has the right to commence such proceeding
pursuant to this Section 13(a); provided, however, that the foregoing clause
shall not apply in respect of a proceeding brought by Indemnitee to enforce his
rights under Section 5 of this Agreement. The Company shall not oppose
Indemnitee's right to seek any such adjudication or award in arbitration.

         (b) In the event that a determination shall have been made pursuant to
Section 11(a) of this Agreement that Indemnitee is not entitled to
indemnification, any judicial proceeding or arbitration commenced pursuant to
this Section 13 shall be conducted in all respects as a de novo trial, or
arbitration, on the merits and Indemnitee shall not be prejudiced by reason of
that adverse determination. In any judicial proceeding or arbitration commenced
pursuant to this Section 13 the Company shall have the burden of proving
Indemnitee is not entitled to indemnification or advancement of Expenses, as the
case may be.

         (c) If a determination shall have been made pursuant to Section 11(a)
of this Agreement that Indemnitee is entitled to indemnification, the Company
shall be bound by such determination in any judicial proceeding or arbitration
commenced pursuant to this Section 13, absent (i) a misstatement by Indemnitee
of a material fact, or an omission of a material fact necessary to make
Indemnitee's statement not materially misleading, in connection with the request
for indemnification, or (ii) a prohibition of such indemnification under
applicable law.

         (d) The Company shall be precluded from asserting in any judicial
proceeding or arbitration commenced pursuant to this Section 13 that the
procedures and presumptions of this Agreement are not valid, binding and
enforceable and shall stipulate in any such court or before any such arbitrator
that the Company is bound by all the provisions of this Agreement. The Company
shall indemnify Indemnitee against any and all Expenses and, if requested by
Indemnitee, shall (within ten (10) days after receipt by the Company of a
written request therefore) advance, to the extent not prohibited by law, such
expenses to Indemnitee, which are incurred by Indemnitee in connection with any
action brought by Indemnitee for indemnification or advance of Expenses from the
Company under this Agreement or under any directors' and officers' liability
insurance policies maintained by the Company, regardless of whether Indemnitee
ultimately is determined to be entitled to such indemnification, advancement of
Expenses or insurance recovery, as the case may be.

         (e) Notwithstanding anything in this Agreement to the contrary, no
determination as to entitlement to indemnification, but not entitlement to
advancement of Expenses, under this Agreement shall be required to be made prior
to the final disposition of the Proceeding.

                                       8
<PAGE>

         Section 14. Non-exclusivity; Survival of Rights; Insurance;
Subrogation.

         (a) The rights of indemnification and to receive advancement of
Expenses as provided by this Agreement shall not be deemed exclusive of any
other rights to which Indemnitee may at any time be entitled under applicable
law, the Company's Certificate of Incorporation, the Company's By-laws, any
agreement, a vote of stockholders or a resolution of directors, or otherwise. No
amendment, alteration or repeal of this Agreement or of any provision hereof
shall limit or restrict any right of Indemnitee under this Agreement in respect
of any action taken or omitted by such Indemnitee in his Corporate Status prior
to such amendment, alteration or repeal. To the extent that a change in Delaware
law, whether by statute or judicial decision, permits greater indemnification or
advancement of Expenses than would be afforded currently under the Company's
By-laws and this Agreement, it is the intent of the parties hereto that
Indemnitee shall enjoy by this Agreement the greater benefits so afforded by
such change. No right or remedy herein conferred is intended to be exclusive of
any other right or remedy, and every other right and remedy shall be cumulative
and in addition to every other right and remedy given hereunder or now or
hereafter existing at law or in equity or otherwise. The assertion or employment
of any right or remedy hereunder, or otherwise, shall not prevent the concurrent
assertion or employment of any other right or remedy.

         (b) To the extent that the Company maintains an insurance policy or
policies providing liability insurance for directors, officers, employees, or
agents of the Company or of any other corporation, partnership, joint venture,
trust, employee benefit plan or other enterprise which such person serves at the
request of the Company, Indemnitee shall be covered by such policy or policies
in accordance with its or their terms to the maximum extent of the coverage
available for any such director, officer, employee or agent under such policy or
policies. If, at the time of the receipt of a notice of a claim pursuant to the
terms hereof, the Company has director and officer liability insurance in
effect, the Company shall give prompt notice of the commencement of such
proceeding to the insurers in accordance with the procedures set forth in the
respective policies. The Company shall thereafter take all necessary or
desirable action to cause such insurers to pay, on behalf of the Indemnitee, all
amounts payable as a result of such proceeding in accordance with the terms of
such policies.

         (c) In the event of any payment under this Agreement, the Company shall
be subrogated to the extent of such payment to all of the rights of recovery of
Indemnitee, who shall execute all papers required and take all action necessary
to secure such rights, including execution of such documents as are necessary to
enable the Company to bring suit to enforce such rights.

         (d) The Company shall not be liable under this Agreement to make any
payment of amounts otherwise indemnifiable (or for which advancement is provided
hereunder) hereunder if and to the extent that Indemnitee has otherwise actually
received such payment under any insurance policy, contract, agreement or
otherwise.

         (e) The Company's obligation to indemnify or advance Expenses hereunder
to Indemnitee who is or was serving at the request of the Company as a director,
officer, employee, agent or fiduciary of any other Enterprise shall be reduced
by any amount Indemnitee has actually received as indemnification or advancement
of expenses from such other Enterprise.

         Section 15. Duration of Agreement. This Agreement shall continue until
and terminate upon the later of: (a) 10 years after the date that Indemnitee
shall have ceased to serve as a director, officer, employee, agent or fiduciary
of the Company or other Enterprise or (b) 1 year after the final termination of
any Proceeding then pending in respect of which Indemnitee is granted rights of
indemnification or advancement of Expenses hereunder and of any proceeding
commenced by Indemnitee pursuant to Section 13 of this Agreement relating
thereto. This Agreement shall be binding upon the Company and its successors and
assigns and shall inure to the benefit of Indemnitee and his heirs, executors
and administrators.

         Section 16. Severability. If any provision or provisions of this
Agreement shall be held to be invalid, illegal or unenforceable for any reason
whatsoever: (a) the validity, legality and enforceability of the remaining
provisions of this Agreement (including without limitation, each portion of any
Section of this Agreement containing any such provision held to be invalid,
illegal or unenforceable, that is not itself invalid, illegal or unenforceable)
shall not in any way be affected or impaired thereby and shall remain
enforceable to the fullest extent permitted by law; (b) such provision or
provisions shall be deemed reformed to the extent necessary to conform to
applicable law and to give the maximum effect to the intent of the parties
hereto; and (c) to the fullest extent possible, the provisions of this Agreement
(including, without limitation, each portion of any Section of this Agreement
containing any such provision held to be invalid, illegal or unenforceable, that
is not itself invalid, illegal or unenforceable) shall be construed so as to
give effect to the intent manifested thereby.

                                       9
<PAGE>

         Section 17. Enforcement.

         (a) The Company expressly confirms and agrees that it has entered into
this Agreement and assumed the obligations imposed on it hereby in order to
induce Indemnitee to serve as a director or officer of the Company, and the
Company acknowledges that Indemnitee is relying upon this Agreement in serving
as a director or officer of the Company.

         (b) This Agreement constitutes the entire agreement between the parties
hereto with respect to the subject matter hereof and supersedes all prior
agreements and understandings, oral, written and implied, between the parties
hereto with respect to the subject matter hereof; provided, however, that this
Agreement is a supplement to and in furtherance of the Certificate of
Incorporation of the Company, the By-laws of the Company and applicable law, and
shall not be deemed a substitute therefor, nor to diminish or abrogate any
rights of Indemnitee thereunder.

         Section 18. Modification and Waiver. No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by the
parties thereto. No waiver of any of the provisions of this Agreement shall be
deemed or shall constitute a waiver of any other provisions of this Agreement
nor shall any waiver constitute a continuing waiver.

         Section 19. Notice by Indemnitee. Indemnitee agrees promptly to notify
the Company in writing upon being served with any summons, citation, subpoena,
complaint, indictment, information or other document relating to any Proceeding
or matter which may be subject to indemnification or advancement of Expenses
covered hereunder. The failure of Indemnitee to so notify the Company shall not
relieve the Company of any obligation which it may have to the Indemnitee under
this Agreement or otherwise.

         Section 20. Notices. All notices, requests, demands and other
communications under this Agreement shall be in writing and shall be deemed to
have been duly given if (a) delivered by hand and receipted for by the party to
whom said notice or other communication shall have been directed, (b) mailed by
certified or registered mail with postage prepaid, on the third business day
after the date on which it is so mailed, (c) mailed by reputable overnight
courier and receipted for by the party to whom said notice or other
communication shall have been directed or (d) sent by facsimile transmission,
with receipt of oral confirmation that such transmission has been received:

                  (i) If to Indemnitee, at the address indicated on the
         signature page of this Agreement, or such other address as Indemnitee
         shall provide to the Company.

                                       10
<PAGE>

                  (ii) If to the Company, to:

                           EasyLink Services Corporation
                           33 Knightsbridge Road
                           Piscataway, NJ 08854
                           Attention: Chief Executive Officer

                           With a copy to the General Counsel of the Company

                           or to any other address as may have been furnished to
                           Indemnitee by the Company.

         Section 21. Contribution. To the fullest extent permissible under
applicable law, if the indemnification provided for in this Agreement is
unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of
indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee,
whether for judgments, fines, penalties, excise taxes, amounts paid or to be
paid in settlement and/or for Expenses, in connection with any claim relating to
an indemnifiable event under this Agreement, in such proportion as is deemed
fair and reasonable in light of all of the circumstances of such Proceeding in
order to reflect (i) the relative benefits received by the Company and
Indemnitee as a result of the event(s) and/or transaction(s) giving cause to
such Proceeding; and/or (ii) the relative fault of the Company (and its
directors, officers, employees and agents) and Indemnitee in connection with
such event(s) and/or transaction(s).

         Section 22. Applicable Law and Consent to Jurisdiction. This Agreement
and the legal relations among the parties shall be governed by, and construed
and enforced in accordance with, the laws of the State of Delaware, without
regard to its conflict of laws rules. Except with respect to any arbitration
commenced by Indemnitee pursuant to Section 13(a) of this Agreement, the Company
and Indemnitee hereby irrevocably and unconditionally (i) agree that any action
or proceeding arising out of or in connection with this Agreement shall be
brought only in the Chancery Court of the State of Delaware (the "Delaware
Court"), and not in any other state or federal court in the United States of
America or any court in any other country, (ii) consent to submit to the
exclusive jurisdiction of the Delaware Court for purposes of any action or
proceeding arising out of or in connection with this Agreement, (iii) appoint,
to the extent such party is not otherwise subject to service of process in the
State of Delaware, irrevocably RL&F Service Corp., One Rodney Square, 10th
Floor, 10th and King Streets, Wilmington, Delaware 19801 as its agent in the
State of Delaware as such party's agent for acceptance of legal process in
connection with any such action or proceeding against such party with the same
legal force and validity as if served upon such party personally within the
State of Delaware, (iv) waive any objection to the laying of venue of any such
action or proceeding in the Delaware Court, and (v) waive, and agree not to
plead or to make, any claim that any such action or proceeding brought in the
Delaware Court has been brought in an improper or inconvenient forum.

         Section 23. Identical Counterparts. This Agreement may be executed in
one or more counterparts, each of which shall for all purposes be deemed to be
an original but all of which together shall constitute one and the same
Agreement. Only one such counterpart signed by the party against whom
enforceability is sought needs to be produced to evidence the existence of this
Agreement.

         Section 24. Miscellaneous. Use of the masculine pronoun shall be deemed
to include usage of the feminine pronoun where appropriate. The headings of the
paragraphs of this Agreement are inserted for convenience only and shall not be
deemed to constitute part of this Agreement or to affect the construction
thereof.

                                       11
<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Agreement to be signed
as of the day and year first above written.

INDEMNITEE                                   EASYLINK SERVICES CORPORATION

                                             By________________________________
___________________________________          Name:
[Name]                                       Title:
[Address]

                                       12<PAGE>

Exhibit 10.2

                             Debt Exchange Agreement

                                                     Dated as of April 14, 2003

George Abi Zeid
320 Frost Pond Road
Old Brookville, NY 11545

Dear George:

         Reference is made to (i) the note or notes held by you (herein, "you"
or the "Holder") issued by EasyLink Services Corporation ("EasyLink") described
in more detail on Schedule A hereto (the "Note"), and (ii) the other related
agreements described on Schedule A (the Note, together with such other
agreements described on Schedule A, collectively referred to herein as the
"Transaction Agreements"). Capitalized terms used herein that are not defined
herein and that are defined in a Transaction Agreement shall have the respective
meanings ascribed to them therein.

         1. Exchange Agreement. Subject to the terms and conditions contained
herein, the Holder agrees to transfer and assign (the "Transfer") upon the
Closing (as defined below) all of his right, title and interest in, to and under
the Transaction Agreements (the "Rights") to EasyLink, free and clear of all
liens, security interests, claims or other encumbrances ("Liens"), in exchange
for the issuance and delivery by EasyLink of the number of shares of EasyLink's
Class A common stock, par value $.01 per share (the "Class A common stock"), set
forth on Schedule A hereto (the "Shares").

         2. Closing.

         (a) Time and Place. The closing of the Transfer shall be held at the
offices of EasyLink at 399 Thornall Street, Edison, NJ 08837 (or, if the Closing
shall occur after the move of EasyLink's headquarters, at 33 Knightsbridge Road,
Piscataway, NJ), at 10:00 a.m. local time, on such date as the conditions set
forth in Section 2(b)(ii) and (iii) shall have been satisfied or at such other
time and place as shall be mutually agreed upon by the EasyLink and the Holders
(the date of the Initial Closing is hereinafter referred to as the "Initial
Closing Date"). The closing is herein referred to as a "Closing." Upon the
Closing, EasyLink shall issue an irrevocable transfer instruction letter
instructing its stock transfer agent to issue and deliver to the Holder to the
address specified on Schedule A a certificate evidencing the Shares (the "Share
Certificate"). Promptly after receipt of the Share Certificate by the Holder,
the Holder shall return or cause to be returned the original Note to EasyLink.

         (b) Conditions To Closing. Each party's obligation to consummate the
Closing is subject to the fulfillment, prior to or at the Closing, the following
conditions:

                  (i) Representations and Warranties. The representations and
         warranties of the other party in this Agreement shall be correct in all
         material respects when made and at the time of the Closing with the
         same effect as if made on the Closing Date.

                  (ii) NASDAQ Waiver or Stockholder Approval. EasyLink shall
         have either (i) received a waiver from the NASDAQ Stock Market from its
         shareholder approval rules to the extent applicable in connection with
         the issuance of the Shares and complied with any conditions contained
         in such waiver in order to consummate the transactions contemplated
         hereby at the Closing or (ii) shall have obtained shareholder approval
         to the extent required under the rules of the NASDAQ Stock Market of
         the issuance of the Shares in accordance with the terms of this
         Agreement pursuant to a duly called meeting of shareholders of the
         EasyLink.

                                       1
<PAGE>

                  (iii) Other Creditors' Condition. EasyLink shall have entered
         into a restructuring arrangement with the holders of at least 80% in
         principal amount of its $81.8 million aggregate principal amount of
         senior notes and subordinated notes outstanding as of June 30, 2002,
         and the terms and conditions of the restructuring of Similarly Situated
         Notes (as defined below) are not more favorable taken as a whole to the
         holders of Similarly Situated Notes than the terms hereof (the "Other
         Creditor's Condition"). As used herein, Similarly Situated Notes means
         notes included in the $10.25 million principal amount of 2006 secured
         convertible notes issued pursuant to the Note Purchase Agreement dated
         January 8, 2001.

         3. Termination. Either party may terminate this Agreement upon written
notice to the other party at any time prior to the Closing if (a) the Closing
shall not have occurred on or before May 31, 2003 or such later date as the
parties may mutually agree, provided that a party may not terminate this
Agreement if the Closing shall fail to occur as a result of a breach by such
party of its representations, warranties or obligations under this Agreement or
(b) any court or governmental or regulatory agency, authority or body shall have
taken any action restraining, enjoining or otherwise prohibiting the
transactions contemplated hereby and all appeals and means of appeal therefrom
have been exhausted.

         4. Representations and Warranties of EasyLink. EasyLink represents and
warrants to you that:

                  (a) Organization; Power and Authority. EasyLink is a
         corporation duly organized, validly existing and in good standing under
         the laws of its jurisdiction of incorporation. EasyLink has the
         corporate power and authority to execute and deliver this Agreement and
         to perform the provisions hereof and thereof.

                  (b) Authorization, etc. (a) This Agreement has been duly
         authorized by all necessary corporate action on the part of EasyLink,
         and this Agreement constitutes a legal, valid and binding obligation of
         EasyLink enforceable against it in accordance with its terms, except as
         such enforceability may be limited by (i) applicable bankruptcy,
         insolvency, reorganization, moratorium or other similar laws affecting
         the enforcement of creditors' rights generally and (ii) general
         principles of equity (regardless of whether such enforceability is
         considered in a proceeding in equity or at law).

                  (c) Validity of Shares. The Shares have been duly authorized
         by all necessary corporate action on the part of EasyLink. When issued
         upon the Closing in accordance with the terms of this Agreement, the
         Shares will be validly issued and outstanding, fully paid and
         nonassessable and the issuance of the shares will not be subject to
         preemptive or other similar contractual rights of any other stockholder
         of the EasyLink.

                  (d) Compliance with Other Instruments, etc. The execution,
         delivery and performance by EasyLink of this Agreement will not
         contravene, result in any breach of, or constitute a default under
         under, any indenture, mortgage, deed of trust, loan, purchase or credit
         agreement, lease, corporate charter or by-laws, or any other agreement
         or instrument to which the EasyLink or any Subsidiary is bound or by
         which the EasyLink or any Subsidiary or any of their respective
         properties may be bound or affected.

         5. Representations of the Holder. The Holder represents and warrants to
EasyLink that:

         (a) Title to Exchange Notes. Each Holder represents that it has good
and valid title and beneficial ownership of all of the Rights to be exchanged
for Shares hereunder, free and clear of all Liens. Upon the assignment and
transfer to EasyLink at the Closing, EasyLink will acquire all of Holder's
right, title and interest in, to and under the Rights to be exchanged by it for
Shares hereunder free and and clear of all Liens.

         (b) Compliance with Other Instruments, etc. The execution, delivery and
performance by the Holder of this Agreement will not contravene, result in any
breach of, or constitute a default under under, any indenture, mortgage, deed of
trust, loan, purchase or credit agreement, lease, corporate charter or by-laws,
or any other agreement or instrument to which the EasyLink or any Subsidiary is
bound or by which the EasyLink or any Subsidiary or any of their respective
properties may be bound or affected.

                                       2
<PAGE>

         (c) Purchase for Investment; Status of Holder, etc. Each Holder
represents that it is acquiring the Shares for its own account or for one or
more separate accounts maintained by it or for the account of one or more
pension or trust funds and not with a view to the distribution thereof other
than pursuant to a registration statement filed under the Securities Exchange
Act of 1933, as amended (the "Act") or available exemption. Each Holder (i) is
an "accredited investor" as that term is defined in Rule 501(a) promulgated
under the Securities Act, (ii) is an investor experienced in the evaluation of
businesses similar to EasyLink, (iii) is able to fend for itself in the
transactions contemplated by this Agreement, (iv) has such knowledge and
experience of financial, business and investment matters as to be capable of
evaluating the merits and risks of this investment, (v) has the ability to bear
the economic risks of this investment, (vi) was not organized or reorganized for
the specific purpose of acquiring the Shares and (vii) has been afforded the
opportunity to ask questions of, and to receive answers from, the EasyLink and
to obtain additional information, to the extent the EasyLink has such
information or could have acquired it without unreasonable effort or expense,
all as necessary for such Holder to make an informed investment decision with
respect to the Shares and the Common Shares. Each Holder understands that
neither the Shares nor the Common Shares have been registered under the
Securities Act, that neither the Shares nor the Common Shares may be resold
unless registered pursuant to the provisions of the Act or an exemption from
registration is available. Each Holder understands and acknowledges that
certificates representing the Shares and the Common Shares may bear a
restrictive legend in customary form.

         6. General Release. In consideration of the transactions contemplated
hereby, each of the Holder and EasyLink (the "Releasing Party"), upon the
Closing, hereby releases and discharges the other party and its affiliates, and
the respective officers, directors, shareholders, agents, attorneys, successors
and assigns of the other party and its affiliates (the "Releasees"), from any
and all claims, actions, demands, and causes of action, whether in contract,
tort or otherwise, now existing or hereafter arising which relate to or arise
from the Transaction Agreements or any predecessor agreements or instruments or
pertaining directly or indirectly thereto; provided that the obligations,
representations and warranties of the parties under this Exchange Agreement
shall not be released and discharged hereby and shall survive after the date
hereof.

         7. Deferral. Until the termination of this Agreement in accordance with
the terms hereof, the Holder hereby defers its right to receive payments under
the Note.

         8. Confidentiality. For the purposes of this Section 8, "Confidential
Information" means information, whether written or oral, delivered to you by or
on behalf of EasyLink or any affiliate in connection with the transactions
contemplated by or otherwise pursuant to this Agreement, provided that such term
does not include information that (a) was publicly known or otherwise known to
you prior to the time of such disclosure, (b) subsequently becomes publicly
known through no act or omission by you or any person acting on your behalf, or
(c) otherwise becomes known to you other than through disclosure by EasyLink or
any Subsidiary through source not subject to a prohibition on disclosure to you.
You will maintain the confidentiality of such Confidential Information in
accordance with your normal procedures to protect confidential information of
third parties delivered to you and you will not use the Confidential Information
for any purpose other than for the purposes of the transactions contemplated
hereby, provided that you may deliver or disclose Confidential Information to
(i) your directors, officers, employees, agents, attorneys and affiliates (to
the extent such disclosure reasonably relates to the administration of the
investment represented by your Notes or Shares), (ii) your financial advisors
and other professional advisors who agree to hold confidential the Confidential
Information substantially in accordance with the terms of this Section 8, (iii)
any federal or state regulatory authority having jurisdiction over you.

         9. Miscellaneous.

         (a) Successors and Assigns. All covenants and other agreements
contained in this Agreement by or on behalf of either party hereto bind and
inure to the benefit of such party's successors and assigns (including, without
limitation, any subsequent holder of the Note) whether so expressed or not.

                                       3
<PAGE>

         (b) Severability. Any provision of this Agreement that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall (to the full extent permitted by law) not invalidate or
render unenforceable such provision in any other jurisdiction.

         (c) Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be an original but all of which together shall
constitute one instrument. Each counterpart may consist of a number of copies
hereof, each signed by less than all, but together signed by all, of the parties
hereto.

         (d) Governing Law. This Agreement shall be construed and enforced in
accordance with, and the rights of the parties shall be governed by, the law of
the State of New York excluding choice-of-law principles of the law of such
State that would require the application of the laws of a jurisdiction other
than such State.

         (e) Integration. This Agreement constitutes the entire agreement and
understanding among the parties relating to the subject matter hereof, and
supersedes all prior proposals, negotiations, agreements, and understandings
related to this subject matter.

         (f) Amendments, Waivers, etc. No amendment, modification, rescission,
waiver or release of any provision of this Agreement shall be effective unless
the same shall be in writing and signed by the parties hereto.

         (g) Section Titles. The Section titles contained in this Agreement are
and shall be without substantive meaning or content of any kind whatsoever and
are not part of this Agreement.

         (h) Notices. All notices and communications provided for hereunder
shall be in writing and sent (i) by telecopy if the sender on the same day sends
a confirming copy of such notice by a registered or certified mail with return
receipt requested (postage prepaid) or by recognized overnight delivery service
(charges prepaid), or (ii) by registered or certified mail with return receipt
requested (postage prepaid), or (iii) by a recognized overnight delivery service
(with charges prepaid). Any such notice must be sent:

         If to you or your nominee, to you or it at the address specified for
         such communications in Schedule A, or at such other address as you or
         it shall have specified to EasyLink in writing, or

         If to EasyLink, to it at 399 Thornall Street, Edison, NJ 08837 (or, if
         EasyLink shall have completed the move of its corporate headquarters,
         at 33 Knightsbridge Road, Piscataway, NJ), Attention: Gerald Gorman,
         with a copy to David Ambrosia at the same address, or at such other
         address as EasyLink shall have specified to the holder of each Note in
         writing.

         Notices under clause (i) and (iii) of this Section 9(h) will be deemed
given only when actually received and notices under clause (ii) shall be deemed
received upon the earlier of five business days after delivered to an office of
the United States Postal Service and when actually received.

         This Agreement shall become effective when it shall have been executed
and delivered by both of the parties hereto. Counterparts of this Agreement
shall be deemed delivered when such counterparts are received by facsimile by
each of the parties to which such counterparts are sent at the fax numbers set
forth beneath the signatures of the parties hereto. The parties shall send an
original paper copy of such counterpart to each of the other parties promptly
after such execution and delivery.

                                       4
<PAGE>

         If you are in agreement with the foregoing, kindly sign in the space
indicated below and return to the undersigned a copy of this agreement.

                             Very truly yours,

                             EASYLINK SERVICES CORPORATION

                             By: s/David Ambrosia
                                 ----------------------------------------------
                             Name: David Ambrosia
                             Title: Executive Vice President and General Counsel
                             Facsimile No. 201-477-6503

Accepted and agreed as of the date of this letter:

s/George Abi Zeid
-------------------------
George Abi Zeid

<PAGE>

                                       5

                                   Schedule A - George Abi Zeid promissory note

Description of Note and Other Transaction Agreements:

12% Senior Notes due in installments commencing June 2003, convertible at $10.00
per share; Modification Agreement dated as of June 1, 2001 relating thereto.

--------------------------------------------------------------------------------
                            Principal Amount of
Purchaser/Holder                    Notes              Number of Shares
--------------------------------------------------------------------------------
George Abi Zeid                 $2,682,964                 1,341,482*
--------------------------------------------------------------------------------

* The number of Shares shall be subject to appropriate adjustment in the event
of a stock split, stock dividend, stock combination or recapitalization having
the same effect occurring before the issuance of the Shares.

Address For Notices:

George Abi Zeid
320 Frost Pond Road
Old Brookville, NY 11545

                                       6

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