Document:

Strategic Agreement dates as of May 2, 2006

 Exhibit 10.7 
 Confidential Treatment Requested: 
 Confidential portions of this
document have been redacted and have been filed separately with the Commission. 
 CONFIDENTIAL TERM SHEET 

BETWEEN 
 CANTATA TECHNOLOGY, INC.

 AND 
 INTERMETRO
COMMUNICATIONS, INC. 
 May 2, 2006 
 This proposal (the “Term Sheet”) summarizes the principal terms with respect to a business relationship between Cantata Technology, Inc. and its affiliates and subsidiaries (collectively, “Cantata”), formerly known as
Excel Switching Corporation and Brooktrout Technology, and InterMetro Communications, Inc. (“InterMetro”). Both parties agree in good faith that appropriate documents in final form will be executed regarding the subject matter of this Term
Sheet and will contain all other essential terms of an agreed upon transaction (the “Definitive Agreement”). 
 Purpose/Scope 
 Cantata and InterMetro are hereby entering into a strategic agreement (the “Strategic Agreement”) for the implementation of Cantata equipment into
InterMetro’s extensive nationwide network (the “Network”) through the deployment of networking equipment and technology (the “Equipment”) provided by Cantata. The parties agree that the term of the Strategic Agreement shall
commence on the date of this Term Sheet and terminate upon the signing of the Definitive Agreement. During the term of the Strategic Agreement, InterMetro may deliver purchase orders to Cantata as set forth below. Purchases pursuant to such purchase
orders shall be subject to the terms of this Term Sheet and of Cantata’s Standard Terms and Conditions for Excel and Cantata Product Lines, attached hereto as Exhibit A. In the event of any conflict between the terms of this Term Sheet and the
Standard Terms and Conditions, the terms of this Term Sheet shall apply. Upon the execution of the Definitive Agreement, all purchases shall be subject to the terms of the Definitive Agreement. 
 The following outlines the terms of the Strategic Agreement: 
 Terms of
the Proposed Relationship 
  

			
	Cantata Responsibilities	  	During the term of the Strategic Agreement, Cantata will make available to InterMetro an aggregate amount of Equipment that includes:
		
		  	 (1)     [***]

 [***] Confidential material redacted and filed separately with the Commission. 

			
		  	 (2)    [***]

		
		  	Upon InterMetro’s request and its purchase of [***] from Cantata, Cantata will provide [***].
		
		  	If Cantata develops a larger capacity version of the [***], InterMetro will be able to purchase the larger version of the equipment under the Strategic Agreement at terms to be mutually
negotiated in good faith by both parties.
		
		  	Upon receiving proper written notice from InterMetro, Cantata will deliver the Equipment to an InterMetro specified destination within ten (10) business days from receipt. All costs
associated with the delivery of Equipment will be directly paid by InterMetro or passed through to InterMetro at cost by Cantata, with the exception of shipments related to the replacement of defective equipment, which will be borne by
Cantata.
		
		  	[***]
		
		  	All Equipment delivered by Cantata will be new and in proper working condition. Any Equipment found to be defective within the term of the Equipment’s Support Service term will be
replaced by Cantata subject to the terms of the Support Agreement and the replacement Equipment will be delivered to an InterMetro specified destination within [***] of receipt of proper written notice by InterMetro.
		
	InterMetro Responsibilities	  	InterMetro will, from time to time, order specified quantities of the Equipment with advance written notice to Cantata (each an “Equipment Order”). InterMetro will make an initial
Equipment

 [***] Confidential material redacted and filed separately with the Commission. 
  

			
	Confidential Term Sheet	  	2

			
		  	Order of [***] upon execution of the Strategic Agreement. Unless otherwise agreed to by both parties in writing, InterMetro will have the right to order up to [***] within any calendar
month.
		
		  	[***]
		
	[***]	  	[***]
		
	Exclusive Rights	  	Cantata will provide InterMetro: (1) a right of first refusal to [***], and (2) the exclusive right to [***]. Additionally, [***], Cantata may not offer or provide [***].
		
	Economic Value	  	Listed below are the Economic Values that pertain to each Equipment Order under this Strategic Agreement:
		
		  	 [***]

		
		  	 [***]

		
		  	 [***]

		
	Purchase Price	  	The Purchase Price for each piece of Equipment will be determined based upon the purchase option selected by InterMetro at the time of each Equipment Order.
		
	[***]	  	[***]

 [***] Confidential material redacted and filed separately with the Commission. 
  

			
	Confidential Term Sheet	  	3

			
		
	 	  	[***]
		
		  	If during the term of this Strategic Agreement, Cantata sells any Equipment to a third party under substantially similar terms, conditions, and quantities when considered in the aggregate, at
a price below the then current Economic Value provided for under the Strategic Agreement (a “Threshold Price”), the Economic Value for [***] will be adjusted to be the new Threshold Price for [***].
		
	[***]	  	[***]
		
	[***]	  	[***]

 [***] Confidential material redacted and filed separately with the Commission. 
  

			
	Confidential Term Sheet	  	4

			
		  	 [***]

		
		  	

 [***] Confidential material redacted and filed separately with the Commission. 
  

			
	Confidential Term Sheet	  	5

			
	[***]	  	[***]
		
	InterMetro Cash Payments	  	If subsequently agreed by both parties, any cash payment that is to be made by InterMetro to Cantata under the Strategic Agreement may be made in the form of InterMetro stock. The value of such
stock will be equal to the price per common share, or common share equivalent, paid by investors in InterMetro’s most recent round of financing if InterMetro is privately held, or the 30 day average trading price for InterMetro common stock if
InterMetro is public.
		
	[***]	  	[***]
		
	Term	  	The term of the Strategic Agreement will be for [***] (the “Initial Term”). At the end of the Initial Term:
		
		  	 (1)     Cantata will no longer be required to provide InterMetro with Equipment per the terms of the Strategic
Agreement;

		
		  	 (2)     InterMetro will no longer be able to order Equipment from Cantata per the terms of the Strategic Agreement;
and

		
		  	 (3)     [***]

		
	Press Releases and	  	
		
		  	Authorized Use of Name Neither party may use the other party’s name or trademarks, or issue any publicity or make any public statements concerning the other party or the existence or
content of this Strategic Agreement, without the other party’s prior

 [***] Confidential material redacted and filed separately with the Commission. 
  

			
	Confidential Term Sheet	  	6

			
		  	written consent after the other party has reviewed the proposed publicity material and any corrections or modifications have been incorporated. Notwithstanding, both parties agree to issue a
joint press release related to the parties entering into the Strategic Agreement within 30 days of the execution of the Strategic Agreement.

 Dated as of this 2nd day of May 2, 2006. 
  

					
	CANTATA TECHNOLOGY, INC.	 		 	 INTERMETRO COMMUNICATIONS, INC.

			
	x    /s/    SUSAN MAXWELL	 		 	x    /s/    CHARLES RICE
	FOR CANTANA TECHNOLOGY, INC.	 		 	FOR INTERMETRO COMMUNICATIONS, INC.

  

					
			
	 SUSAN MAXWELL
	 		 	 CHARLES RICE

	PRINTED NAME	 		 	PRINTED NAME

  

					
		 		 	
			
	 CQO & VP Operations
	 		 	 CEO

	 TITLE
	 		 	TITLE

  

					
			
	 2 May 2006
	 		 	 May 2, 2006

	 DATE
	 		 	DATE

  

					
	ADDRESS:	 		 	ADDRESS:
			
	 	 		 	 
		 		 	

  

			
	Confidential Term Sheet	  	7Services Agreement between InterMetro Communications, Inc and CVT Prepaid

 Exhibit 10.11 
 Confidential Treatment Requested: 
 Confidential portions of this document have been
redacted and have been filed separately with the Commission. 
 Services Agreement 
 This Services Agreement (this “Agreement”) is made as of the 2nd day of Aug, 2005 (the “Effective Date”), by and between INTERMETRO COMMUNICATIONS, INC, a California corporation, having a business address
at 2685 Park Center Drive, Building A, Simi Valley, CA 93065, USA (“PROVIDER”) and CVT Prepaid Solutions, Inc. (DBA CVTel), a Delaware corporation, having a business address at 40 Cutter Mill Road, Great Neck, NY 10021
(“CUSTOMER”), (the PROVIDER and with CUSTOMER collectively, the “Parties” and individually, a “Party”). 
 WHEREAS, PROVIDER agrees to provide the services described in the Schedules and Exhibits to this Agreement to CUSTOMER and; 
 WHEREAS, CUSTOMER has requested that PROVIDER provide the services described in the Schedules and Exhibits to this Agreement and CUSTOMER agrees to accept said services pursuant to the terms hereof. 
 NOW, THEREFORE, in consideration of the premises, terms, and agreements contained herein, the Parties agree as follows: 
  

	1.	SERVICES. 

 PROVIDER agrees to furnish to
CUSTOMER the services set forth in the Schedules and Exhibits to this Agreement (the “Services”). The attached Schedules and Exhibits are incorporated by reference and specifically made a part of this Agreement. 
  

	2.	TERM; RENEWAL. 

 The term of this Agreement
will commence on March 7, 2005 and will continue for a period of twelve (12) consecutive months (the “Initial Term”). After the Initial Term, this Agreement will automatically be renewed for [***] periods unless either party
provides the other party with written notification, at least thirty (30) days prior to the expiration of the then current term of this Agreement, of its intention not to renew this Agreement. 
  

	3.	INVOICES, CHARGES, AND PAYMENT. 

 3.1
CUSTOMER agrees to pay all charges, including but not limited to non-recurring charges, recurring charges, and usage charges, set forth in the Exhibits and Schedules to this Agreement. 
 3.2 All charges under this Agreement will be invoiced by PROVIDER on a weekly basis. PROVIDER will send invoices each Monday, unless it is a national
holiday, in which case it will be sent on the next workday. CUSTOMER agrees that a confirmed received email to the designated CUSTOMER contact with the invoice attached in Adobe Acrobat .PDF format shall constitute receipt. 
  
 [***]Confidential material redacted and filed separately
with the Commission. 
  

 1 

 3.3 All charges under this Agreement are due and payable by CUSTOMER to PROVIDER, without demand or
setoff, [***] (the “Due Date”) via wire payment into a bank account of the PROVIDER. 
 3.4 Any amount not received by PROVIDER by
the Due Date will be deemed past due. PROVIDER has the right to terminate providing services without any notice to the CUSTOMER if payments discussed in Section 3.3 above are not made. In addition, any past due amounts are subject to a late
charge in the amount of one and one-half percent (1.5%) per month compounded monthly, or the maximum rate allowable by law, whichever is less. CUSTOMER will also pay all reasonable attorneys’ fees and other costs of collection if any are
incurred by PROVIDER. 
 3.5 CUSTOMER agrees to make an initial deposit of $[***]. In addition, CUSTOMER agrees to maintain the deposit equal
to [***]. Further, PROVIDER has the right to check CUSTOMER’S credit record and to may require CUSTOMER to pay an additional deposit amount, if, based upon review of the CUSTOMER’S payment history from time to time. 
 3.6 Any time during the course of this Agreement, PROVIDER reserves the right to increase the charges under this Agreement upon seven (7) days prior
written notice to CUSTOMER (the “Change Notice”). If CUSTOMER does not notify PROVIDER in writing within seven (7) days of receipt of a Change Notice of its intent to reject the charge increase set forth in the Change Notice (the
“Rejection Notice”), CUSTOMER will be deemed to have accepted the charge increase set forth in the Change Notice. If CUSTOMER rejects the charge increase in writing in accordance with this Agreement, then this Agreement will terminate
thirty (30) days after receipt by PROVIDER of the Rejection Notice, unless PROVIDER waives its termination rights in writing. Any termination of this Agreement pursuant to this Section 3.6 does not relieve the CUSTOMER of its obligation to
pay all charges incurred by CUSTOMER prior to such termination. 
 3.7 Any time during the course of this Agreement, in the event there are
mandated surcharges imposed by a federal, state or governmental agency, PROVIDER reserves the right to increase the charges under this Agreement upon seven (7) days prior written notice to CUSTOMER (“the Change Notice”). Further, in
the event of regulatory activity, PROVIDER reserves the right, upon seven (7) days prior written notice to CUSTOMER (“the Change Notice”), to: (i) pass through to CUSTOMER all, or a portion of, any charges or surcharges directly
or indirectly related to such regulatory activity; or (ii) increase the charges under this Agreement and other terms and conditions contained in the Agreement to reflect the impact of such regulatory activity. If CUSTOMER does not notify
PROVIDER in writing within seven (7) days of receipt of a Change Notice of its intent to reject the charge increase set forth in the Change Notice (the “Rejection Notice”), CUSTOMER will be deemed to have accepted the charge increase
set forth in the Change Notice. If CUSTOMER rejects the charge increase in writing in accordance with this Agreement, then this Agreement will terminate thirty (30) days after receipt by PROVIDER of the Rejection Notice, unless PROVIDER waives
its termination rights in writing. Any termination of this Agreement pursuant to this Section 3.7 does not relieve the CUSTOMER of its obligation to pay all charges incurred by CUSTOMER prior to such termination. 
 3.8 Requests for billing adjustments together with all supporting documentation must be received by PROVIDER within sixty (60) days from the date of
the invoice in dispute or the right to a billing adjustment will be waived. All such requests must be submitted in writing using the Billing Dispute Form attached as Exhibit B, and must clearly identify the amount in dispute and the specific items
in dispute. Requests for billing adjustments that do not provide adequate 
  
 [***]Confidential material redacted and filed separately with the Commission. 
  

 2 

 
information for analysis by PROVIDER, as determined in PROVIDER’S sole discretion, will be rejected and any outstanding amounts will be due according to
the invoice which was the subject of the request. In the event of a billing dispute, Customer must timely pay any undisputed amounts. CUSTOMER and PROVIDER agree to exercise reasonable, good faith efforts to resolve any billing disputes. PROVIDER
agrees to use all reasonable means to settle such billing dispute within ninety (90) days. 
  

	15.	NOTICES. 

 15.1 All notices required by this
Agreement will be deemed to be given upon delivery by either express or overnight delivery or registered or certified mail, return receipt requested, and addressed to each Party at the address on the signature page of this Agreement. 
 15.2 All change notifications relating to recurring charges and usage charges will be sent via email to the appropriate contact person for CUSTOMER
indicated below and will be assumed to have been received by CUSTOMER when email transmission has been confirmed. CUSTOMER must notify PROVIDER immediately in writing of any change to the contact information provided herein. 
  

			
	 CUSTOMER’S Contact Information
	  	 PROVIDER’S Contact Information

		
	Name: Laura Pettinato	  	Name: Rick Sanchez
	 Title: VP, Domestic Carrier Group
 Address: 42-11 Bell
Blvd.
 Bayside, NY 11361
	  	 Title: Vice Pres. of Operations
 Address: 2685 Park
Center Drive
                  Building A
                  Simi Valley, CA 93065

		  	Phone: +1 (805) 433-8000
		  	Fax:     +1 (805) 582-1006
	 Phone: +1 718-631-5600 x1112
 Fax:     +1 718-224-5023
	  	 invoicing@intermetro.net
 billing@intermetro.net
 disputes@intermetro.net

		
		  	imcnoc@intermetro.net
		  	NOC Phone: 1-866-4-IMC-NOC

 BILLING CONTACT: Raj Rijal 
 EMAIL: raj.rijal@cvtelcorp.com 
 Phone: 718-631-5600 x2126 
 NOC CONTACT: Henry Zurita/Ronnie Minerva (718) 631-5600 x1154 
  

 3 

 IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the day and year above written.

  

									
	CVTel Corporation (CUSTOMER)	 		 	INTERMETRO COMMUNICATIONS, INC. (PROVIDER):
					
	 By:    
	 	 /s/ William Hinton
	 		 	 By:    
	 	 /s/ Eric Fuchs

		 	 Signature
	 		 		 	 Signature

					
	 Date:    
	 	 8/7/05
	 		 	 Date:    
	 	 8/7/05

					
	 Name:    
	 	 William Hinton
	 		 	 Name:    
	 	 Eric Fuchs

					
	 Title:    
	 	 COO
	 		 	 Title:    
	 	 Vice President of Sales

  

 4 

 Schedule B 
 Pricing Discount Schedule and Terms 
  

	1.	ORIGINATION ROUTING Discounted Pricing Schedule. 

 Upon
execution of this Schedule B by both parties, PROVIDER will apply the Discounted Rate in the schedule below to weekly invoices for CUSTOMER’s use of Origination Routing Service. At the end of each calendar month following the date of this
Schedule B, CUSTOMER’s total minutes of Origination Routing Service will be added and compared to the Revenue Discount Schedule below. If the sum does not meet the Monthly Minutes Threshold level required for the Discounted Rate, PROVIDER may
change the rates to be applied to weekly invoices to the rates outlined in Exhibit A, as amended. 
 REVENUE DISCOUNT SCHEDULE –
ORIGINATION SERVICE 
  

			
	 Monthly Minutes Threshold
	 	 Rate

	 [***]
	 	[***]

  

	2.	MINUTES COMMITMENT 

 CUSTOMER agrees to no less then a
minimum billing and payment for Origination Routing Service of the following level for each calendar month for a period of 1 year from the date of this Agreement: 
 Monthly Minimum Usage: Billing no less than [***] minutes. 
 This monthly minimum usage is not required to be met in the first or second
calendar month ending after the date of this Schedule B. 
  

	3.	SERVICE AVAILABILITY AND NETWORK PERFORMANCE. 

 In the event
that PROVIDER is unable to resolve Service Availability or Network Performance standards within 30 days of receipt from CUSTOMER of defect, then CUSTOMER may provide 10 days written email notice and exercise their right to terminate their monthly
commitment level per each market that is not meeting CUSTOMER’s quality and availability standards. In the event that PROVIDER is unable to resolve Service Availability or Network Performance on a network wide basis or equipment service
interoperability within 72 hours of written email notification from CUSTOMER of defect, then CUSTOMER may immediately upon written email notice and confirmed receipt, cancel this contract in full without liability to the minutes commitment. CUSTOMER
WILL BE RELEASED FROM ANY MONTHLY COMMITMENT IN A MARKET WHILE PROVIDER IS RESOLVING SERVICE AVAILABILITY OR NETWORK PERFORMANCE STANDARDS. 
  

	4.	[***] 

 [***] 
 [***]Confidential material redacted and filed separately with the Commission. 
  

 5 

 
[***] 
  

	5.	SERVICES AGREEMENT 

 This Schedule B will
become part of any Services Agreement to be entered into between InterMetro Communications, Inc. and CUSTOMER. 
 IN WITNESS HEREOF, the Parties hereto have
executed this Schedule B as of April 22, 2005. 
  

									
	 CV Tel Corporation
 (CUSTOMER):
	 		 	 INTERMETRO COMMUNICATIONS, INC.
 (PROVIDER):

					
	By:	 	 /s/ S. William Hinton
	 		 	 By:
	 	 /s/ Eric Fuchs

		 	 Signature
	 		 		 	 Signature

					
	 Date:
	 	 April 22, 2005
	 		 	 Date:
	 	 April 22, 2005

					
	 Name:
	 	 S. William Hinton
	 		 	 Name:
	 	 Eric Fuchs

					
	 Title:
	 	 C.O.O.
	 		 	 Title:
	 	 Vice President of Sales

 [***]Confidential material redacted and filed separately with the Commission.

  

 6

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