Document:

Exhibit
      10.4 Lewis
      Employment Agreement

    

    SECOND
      AMENDMENT TO EMPLOYMENT AGREEMENT

    BETWEEN
      VOIP INC. AND SHAWN LEWIS

    

    The
      within is a Second Amendment to the Employment Agreement executed on May 31,
      2005 and amended on July 28, 2005 between VOIP
      INC.,
      a Texas
      corporation (the “Company”) and SHAWN
      LEWIS
      (the
“Executive”).

    

    WHEREAS,
      the
      Company and the Executive entered into an employment agreement executed on
      May
      25, 2005 (“Prior Agreement”); and

    

    WHEREAS,
      the
      Prior Agreement was amended on July 28, 2005 (“First Amendment”);
      and

    

    WHEREAS,
      the
      Company and the Executive desire to amend the Prior Agreement and First
      Amendment and reaffirm the Prior Agreements.

    

    NOW,
      THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND PROMISES AND OTHER
      GOOD
      AND VALUABLE CONSIDERATION, THE RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED, IT
      IS
      MUTUALLY AGREED AS FOLLOWS:

    

    1.  Amendments
      Valid and Subsisting.
      The
      Company and Executive agree that the Prior Agreement and First Amendment are
      valid, subsisting and binding. Annexed hereto and made a part hereof and marked
      EXHIBIT I are true copies of the Prior Agreement and First Amendment as
      executed.

    

    2.  Base
      Salary.
      The
      Company and Executive agree that Executive, effective on September 14, 2006,
      Executive will be entitled to a base salary of $250,000 per annum, or $20,833.33
      per month.

    

    3.  Stock
      Compensation.
      The
      Company and Executive agree that Section 6 of the First Amendment is revised
      as
      follows:

    

    The
      Company, upon execution of the within Amendment, agrees to issue to Executive
      10,000,000 stock options (the “Options”) to purchase 10,000,000 shares of Common
      Stock, par value $0.001 (the “Common Stock”) of the Company. The Options are
      exercisable for a period of five (5) years from the date of issuance at $0.01
      per share and are subject to a cashless exercise provision whereby payment
      upon
      exercise of the Options may be made at the option of the Executive either in
      (i) cash, wire transfer or by certified or official bank check payable to
      the order of the Company equal to the applicable aggregate exercise price,
      (ii)
      by delivery of Common Stock issuable upon exercise of the Options in accordance
      with Section (a) below (“Cashless Exercise”) or (iii) by a
      combination of any of the foregoing methods (in accord with Section (a) below),
      for the number of shares of Common Stock specified in such form (as such
      exercise number shall be adjusted to reflect any adjustment in the total number
      of shares of Common Stock issuable to the Executive per the terms of the
      Options) and the Executive shall thereupon be entitled to receive the number
      of
      duly authorized, validly issued, fully paid and nonassessable shares of Common
      Stock determined as provided herein.

    

    (a) If
      the Fair Market Value of one share of Common Stock is greater than the exercise
      price (at the date of calculation as set forth below) and no Registration
      Statement relating to the shares of Common Stock underlying the Options is
      in
      effect, in lieu of exercising the Options for cash, the Executive may elect
      to
      receive shares equal to the value (as determined below) of the Option (or the
      portion thereof being cancelled) by surrender of the Option at the principal
      office of the Company together with the properly endorsed notice of cashless
      exercise in which event the Company shall issue to the Executive a number of
      shares of Common Stock computed using the following formula:

     

    X=Y
      (A-B)

    A

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    Where X= the
      number of shares of Common Stock to be issued to the Executive

     

    Y= the
      number of shares of Common Stock purchasable under the Option or, if only a
      portion of the Option is being exercised, the portion of the Option being
      exercised (at the date of such calculation)

     

    A= the
      Fair Market Value of one share of the Company’s Common Stock (at the date of
      such calculation)

     

    B= Exercise
      Price (as adjusted to the date of such calculation)

    

    The
      Company further agrees to use its best efforts to first include the Options
      in
      an existing approved option benefits plan and register the underlying shares
      in
      a Form S-8 Registration statement, or thereafter in the next registration
      statement filed by Company. 

    

    The
      shares underlying the Options as well as all shares of Common Stock in the
      Company previously issued to Executive (collectively the “Securities”) will have
      cost-free piggy back registration rights and the Securities will be listed
      in
      the Company’s next Registration Statement. 

    

    It
      is
      further agreed that Executive will be entitled to receive additional options
      from time to time during the term of the within Agreement to assure that
      Executive has the right to exercise options to maintain beneficial ownership
      of
      the Company’s Common Stock in the equivalent of a minimum of 8% (eight percent)
      of the issued and outstanding shares of Common Stock. 

    

    For
      the avoidance of doubt regarding the issuance of additional options to Executive
      under this Amendment, said additional options will contain the same terms and
      conditions as the Options awarded under this Amendment. The Company will issue
      any additional Options to Executive pursuant to this provision within ten (10)
      days of the end of a fiscal quarter. 

     

    4.  Term.
      The
      within Agreement is extended from December 31, 2007 to September 14,
      2009.

    

    5.  Effect
      of Termination of Employment.
      The
      Company and Executive agree that subsections (c)(iii), (d)(iii), (e)(iii) and
      (f)(iii) of Section 4 the Prior Agreement are revised as follows:

    

    “(iii)
      a lump sum payment equivalent to the remaining Base Salary (as it was in effect
      immediately prior to the Change in Control) due Executive to the end of the
      term
      of the Agreement or any amendment thereof or six (6) months Base Salary,
      whichever is the greater; and”

    

    6.  Board
      Approval.
      The
      Company warrants and represents to Executive that the Board of Directors of
      the
      Company has ratified, adopted and approved the within Agreement, and that the
      Company will take the necessary action to file the appropriate Disclosure Report
      with the Securities and Exchange Commission. 

    

    IN
      WITNESS WHEREOF,
      the
      undersigned have set
      their
      hands and seals this 14th
      day of
      September, 2006.

     

    
      	 	 	 
	 	VOIP
              INC.
	 
 	 
 	 
 
	 	By:  	
              /s/ Anthony
                Cataldo 

                

              

            

    

     

    
      	
              
Witness	 	 	
            

    

     

    
      
        	 	 	 
	 	  	
                /s/ Shawn
                  Lewis
                  

                

              

      

    

     

    
      	
              
Witness	 	 	
            

    

     

    
      
        
        

      

      
        2Exhibit
      10.5 Lewis
      Stock Option Agreement

    

    VoIP,
      INC.

    NON-QUALIFIED
      STOCK OPTION AGREEMENT

    

    
      	 	 	Optionee:  	Shawn Lewis
	 	 	Number of Shares:	3,000,000
	 	 	Option Exercise Price:	$0.36
	 	 	Option Expiration Date: 	November 7, 2009 
	 	 	Effective Date of Grant:  	November 8, 2006 

    

       

    1. Grant
      of Options.
      VoIP,
      Inc., a Texas corporation (“Grantor”), hereby grants to the above-named optionee
      (“Optionee”), a non-qualified stock option (collectively “Options”) to purchase
      at the Option Exercise Price (set forth above) per share, until the Option
      Expiration Date, and on the terms and conditions set forth in this agreement
      (“Agreement”) that number of share, as adjusted as herein provided (as so
      adjusted, “Option Shares”), of common stock (“Common Stock”) of the Grantor,
      pursuant to the Grantor’s 2004 Stock Option Plan (the “Plan”).

    

    2. Vested
      Shares.
      The
      number of Vested Shares (disregarding any resulting fractional share) as of
      any
      date is determined by multiplying the Number of Option Shares by the “Vested
      Ratio” determined as of such date as follows:

    

    a. On
      each
      Measurement date set forth in Column 1 below, the Option shall vest and become
      exercisable for the corresponding number of shares of Common Stock set forth
      in
      Column 2 below if the Optionee’s engagement with the Company and/or any
      Affiliated Entity has not terminated. The “Vested Portion” of the Option as of
      any particular date shall be the cumulative total of all shares for which the
      Option has become exercisable as of that date

    
      	
               Column
                1 Measurement Date 

            	 	
               Column
                2 Vested Portion of the Option  

            	 
	
               November
                8, 2006

            	 	
               100%

            	 

    

         

    b. Notwithstanding
      anything to the contrary contained herein or in the PLAN, in the event the
      Optionee’s engagement with the Company is terminated by the Company within one
      (1) year following a Change in Control for any reason other than Cause, then
      Vesting shall be determined pursuant to the Plan.

    

    c. Any
      cessation of Services by the Optionee other than upon a Change of Control shall
      terminate the vesting schedule, and any options that have theretofore become
      vested shall be exercisable by the Optionee.

    

    3. Exercise
      of Options.
      Other
      terms, times and conditions of exercise of the Options are as
      follows:

    

    a. Prior
      to
      the Expiration Date, vested Options shall be fully exercisable in whole or
      in
      part for a number of shares up to the aggregate number of all vested Option
      Shares. The Options shall be exercised by completing the exercise form attached
      hereto as Exhibit A.

    

    b. Upon
      the
      death or Disability of the Optionee, the Optionee or the personal representative
      of the Optionee, as applicable, may exercise the Options to the extent not
      previously exercised (and, in the case of death, to the extent the Options
      could
      have been exercised by the Optionee on the date of death) subject to the terms
      set forth in this Agreement, until their termination as provided by Section
      2
      hereof.

    

    c. The
      Options shall be exercised by written notice directed to the Grantor. Such
      written notice shall be accompanied by full payment in cash for the number
      of
      Option Shares specified in such written notice or by such other method
      authorized by the Plan.

    

    d. Subject
      to the terms of this Agreement or the Plan, vested Options may be exercised
      at
      any time and without regard to any other option to purchase stock of the Company
      held by the Optionee.

    

    e. In
      the
      event the outstanding shares of Common Stock are increased or decreased or
      changed into or exchanged for a different number or kind of shares or other
      securities of the Company or of any other corporation by reason of any merger,
      sale or stock, consolidation, liquidation, recapitalization, reclassification,
      stock split up, combination of shares, stock dividend, or transaction having
      similar effect, the total number of shares subject to this Option shall be
      proportionately and appropriately adjusted. Any fractional shares resulting
      from
      any of the foregoing adjustments under this section shall be disregarded and
      eliminated.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    4. Nontransferability.
      The
      Options are not transferable except by will or by the law of descent and
      distribution. The Options may be exercised during the lifetime of the Optionee
      only by the Optionee.

    

    5. Limitation
      of Rights.
      The
      Optionee shall have no rights as a stockholder with respect to the Option Shares
      until the Optionee shall become the holder of record of such Option
      Shares.

    

    6. Successors.
      This
      Agreement shall be binding upon any successor of the Grantor and Optionee,
      in
      accordance with the terms of this Agreement and the Plan.

    

    7. Plan.
      The
      Option is subject to all terms and provisions of the Plan, and in the event
      of
      any discrepancy between the Plan and this Agreement, the Plan shall
      control.

    

    IN
      WITNESS WHEREOF,
      the
      Grantor and the Optionee have executed this Agreement, effective the 8th day
      of
      November, 2006.

     

    
      	 	 	 
	 	VoIP,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
                

              

              ANTHONY J. CATALDO

              Chief Executive Officer

            

    

    
      	 	 	 
	 	  	 
	 	
              

              SHAWN
                LEWIS,
                Optionee

            

      

    
      
        
        

      

      
        2

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