Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Nord Resources Corporation - Exhibit 10.7

AMENDMENT OF 
EXECUTIVE EMPLOYMENT
AGREEMENT

THIS AGREEMENT is made as of the 18th day of October,
2006.

BETWEEN:

NORD RESOURCES CORPORATION, a
corporation 
organized under the laws of Delaware

(the "Company")

AND:

JOHN T. PERRY, an adult
individual residing in the County of 
Pima, State of Arizona

(the "Executive") 

WHEREAS

A.          
The Company and the Executive entered into an executive employment agreement
dated as of the 18th day of April, 2005 (the “Employment
Agreement”) whereby the Executive agreed to act as the Senior Vice President
and Chief Financial Officer of the Company subject to the terms and conditions
set out in the Employment Agreement;

B.          
Under Section 7 of the Employment Agreement:

	 	(a) 	
      the Executive is entitled to receive the
  following:

	 	 	 	 
	 		(i) 	
      in the event that the Executive’s employment is
      terminated by the Company for Cause or by the Executive without Good
      Reason, the Accrued Obligations,

	 	 	 	 
	 		(ii) 	
      in the event that the Executive’s employment is
      terminated by the Company without Cause or by the Executive for Good
      Reason, the Accrued Obligations and the continuation of Base Salary for
      the greater of (A) the remainder of the Term of Employment (assuming (I)
      no termination of Executive’s employment had occurred, and (II) no
      additional renewal of the Term of Employment occurs following the date of
      termination) and (B) twelve (12) months, as well as certain other benefits
      and rights as specified in the Employment Agreement,

	 	 	 	 
	 		(iii) 	
      in the event that the Executive’s employment is
      terminated following a Change of Control by the Company (for any reason
      other than Cause or the death or Disability of the Executive), or
  by

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written notice delivered by the
Executive to the Company within sixty (60) days following the occurrence of such
Change of Control, the Accrued Obligations and an amount equal to three times
his Base Salary, payable in a lump sum within sixty (60) days following the
termination of employment; and

	 	(b) 	
      the Executive, his estate or his beneficiaries, as the
      case may be, will be entitled to receive the Accrued Obligations, if any,
      in the event that the Executive’s employment is terminated due to his
      death or Disability;

C.          
“Accrued Obligations” is defined in Section 1(a) of the
Employment Agreement to include all accrued but unpaid Base Salary through the
date of termination of the Executive’s employment;

D.          
Under Section 4(a) of the Employment Agreement, the commencement of payment of
the Base Salary to the Executive is contingent upon the Company’s receipt of at
least ten million dollars ($10,000,000) in financing; and

E.          
The parties hereto wish to amend the Employment Agreement to provide for the
resignation of the Executive in the event of a Significant Transaction (as
hereinafter defined) and to clarify the meaning of “Base Salary” for all
purposes of Section 7 of Employment Agreement (including, without limitation,
for the purpose of calculating Accrued Obligations) as hereby amended.

THIS AGREEMENT WITNESSES that in consideration of the
payment by the Company to the Executive of consideration in the amount of
US$10.00, the receipt and sufficiency of which is hereby acknowledged by the
parties, the Company and the Executive agree as follows:

1.          
The parties hereby agree to delete Section 1(a)of the Employment
Agreement and substitute the following:

(a) “Accrued Obligations” shall
mean (i) all accrued but unpaid Base Salary through the date of termination of
Executive’s employment, (ii) any unpaid bonus in respect of any completed fiscal
year which has been declared by the Board prior to the date of termination of
Executive’s employment, (iii) any unpaid or unreimbursed permitted expenses
incurred in accordance with Section 6 below, and (iv) that number of Common
Shares of the Company representing any earned but unpaid interim compensation
that is payable pursuant to 4(b) below through the date of termination of
Executive’s employment; provided, however, that if the Company is obligated to
issue Common Shares to Executive under any provision of this Agreement in
payment of Accrued Obligations of the nature referred to in clause (iv) of this
paragraph, the Company may in its sole discretion elect to fully pay and
discharge such obligation by paying to Executive an amount in cash equal to the
fair market value of such Common Shares determined by reference to the average
trading price of the Company’s common stock on the primary stock 

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market on which the Company’s stock may
then be traded during the ten most recent trading days.

2.          
The parties hereby agree to delete Section 1(c)of the Employment
Agreement and substitute the following:

(c) “Base Salary” shall mean the
salary provided for in Section 4(a) below including, without limitation, any
increased salary granted to Executive pursuant to Section 4(a) below; provided,
however, that for all purposes of Section 7 hereof (including, without
limitation, for the purpose of calculating the Accrued Obligations), “Base
Salary” shall mean the salary provided for in (or, if applicable, the increased
salary granted to the Executive pursuant to) Section 4(a) below, on the
assumption that the Company has already received at least ten million dollars
($10,000,000) in financing, regardless of whether or not the Company is actually
then in receipt of such financing.

3.          
For the purposes of this Agreement, “Significant Transaction” shall mean
a significant corporate transaction in which:

	 	(a) 	
      any person, together with all affiliates and associates
      of such person, becomes the beneficial owner, directly or indirectly, of
      securities of the Company representing 51% or more of the common shares
      the Company, or

	 	 	 
	 	(b) 	
      there is a sale, lease, exchange or other transfer (in
      one transaction or a series of transactions contemplated or arranged by
      any party as a single plan) of all or substantially all of the assets of
      the Company or of assets of the Company valued at $12,000,000 or
      greater.

4.          
If the Company enters into an agreement with respect to a Significant
Transaction in which any person, together with all affiliates and associates of
such person, shall become the beneficial owner, directly or indirectly, of
securities of the Company representing 51% or more of the common shares the
Company, the Executive will voluntarily resign as Senior Vice President and
Chief Financial Officer effective immediately prior to the completion of the
Significant Transaction.

5.          
In the event that the Executive ceases to be employed by the Company (other than
by way of termination for Cause) in connection with the completion of a
Significant Transaction other than one in which any person, together with
all affiliates and associates of such person, becomes the beneficial owner,
directly or indirectly, of securities of the Company representing 51% or more of
the common shares the Company, the Company shall provide to the Executive the
payments and benefits set forth in the following sections of the Employment
Agreement, subject to execution and delivery by the Executive to the Company of
a mutual and general release of claims:

	 	(a) 	
      Section 7(g)(i)(A), which requires the Company to pay the
      Accrued Obligations in a lump sum within sixty (60) days following
      termination of employment,

- 4 -

	 	(b) 	
      Section 7(g)(i)(B), which contemplates the payment to the
      Executive of an amount equal to three times the Executive’s Base Salary,
      payable in a lump sum within sixty (60) days following termination of
      employment,

	 	 	 
	 	(c) 	
      Section 7(g)(i)(C), which provides that if the Executive
      elects continuation of coverage of medical and dental benefits under the
      Consolidated Omnibus Budget Reconciliation Act of 1985, the Company will
      pay 100% of such premiums for the first 18 months of coverage,
  and

	 	 	 
	 	(d) 	
      Section 7(g)(i) (D), which contemplates payment of
      premiums necessary for continuation of any Supplemental Disability Policy
      or, at the election of the Company, a lump sum amount equal to the
      aggregate premiums to be paid thereon, in either case for a period of 18
      months following the effective date of
termination;

provided, however, that in lieu of the payments and benefits
set forth in sections 7(g)(i)(C) and Section 7(g)(i)(D) of the Employment
Agreement, and in full payment and satisfaction the Company’s obligations to the
Executive in respect thereof, the Company may in its sole discretion elect to
pay to the Executive no later than the closing date of the Significant
Transaction, a lump sum in cash equal to the aggregate of the premiums that
would have been payable during the 18 months following the closing date of the
Significant Transaction on the assumption that the premiums would be assessed
and charged during that period at the same respective rates in force on the date
of such payment.

6.          
In the event of the completion of a Significant Transaction in which any person,
together with all affiliates and associates of such person, becomes the
beneficial owner, directly or indirectly, of securities of the Company
representing 51% or more of the common shares the Company, the Executive will
not be entitled to receive the compensation contemplated by Section 7(g)(i)(B)
of the Employment Agreement, but the Executive will be entitled to receive in
lieu thereof the sum of Two Hundred and Twenty-Five Thousand Dollars ($225,000)
in cash, payable on the closing date of such Significant Transaction (or as soon
as practicable thereafter), and the benefits set out in the following sections
of the Employment Agreement: Section 7(g)(i)(A), Section 7(g)(i)(C), and Section
7(g)(i) (D); provided, however, that in lieu of the payments and benefits set
forth in sections 7(g)(i)(C) and Section 7(g)(i)(D) of the Employment Agreement,
and in full payment and satisfaction the Company’s obligations to the Executive
in respect thereof, the Company may in its sole discretion elect to pay to the
Executive no later than the closing date of the Significant Transaction, a lump
sum in cash equal to the aggregate of the premiums that would have been payable
during the 18 months following the closing date of the Significant Transaction
on the assumption that the premiums would be assessed and charged during that
period at the same respective rates in force on the date of such payment.

7.          
Section 11 of the Employment Agreement is hereby deleted in its
entirety and replaced by the following:

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“Section 11: Excise Taxes-Modified
Cap

Anything in this Agreement
notwithstanding, if any payment or benefit to which Executive is entitled to
from the Company (the ‘Payments,’ which will include the vesting of stock awards
or other benefit or property) is more likely than not to be subject to the tax
imposed by section 4999 of the Internal Revenue Code of 1986, as amended (or any
successor provision to that section), the Payments shall be reduced to the
extent required to avoid application of such tax if (and only if) such reduction
will increase the amount that the Executive would retain after payment of the
excise tax and applicable income taxes. The Executive will be entitled to select
the order in which Payments are to be reduced in accordance with the preceding
sentence. Determination of whether Payments would result in the application of
the tax imposed under section 4999, and the amount of reduction that is
necessary so that no such tax is applied, shall be made, at the Company's
expense, by the independent accounting firm employed by the Company immediately
prior to the occurrence of any change in control of the Company which will
result in the imposition of such tax.”

8.          
The Company agrees that to the extent that the terms of the Employment
Agreement are not modified by this agreement, the Employment Agreement will
remain in full force and effect.

9.          
The Executive acknowledges that he has had the opportunity to seek and
was encouraged by the Company to seek independent legal advice prior to the
execution and delivery of this agreement and that, in the event that he did not
avail himself of that opportunity prior to signing this agreement, he did so
voluntarily without any undue pressure and agrees that his failure to obtain
independent legal advice shall not be used by him as a defence to the
enforcement of his obligations under this agreement.

10.         
All capitalized terms used herein without definition will have the
respective meanings assigned thereto in the Employment Agreement.

11.         
This agreement shall be governed by and in accordance with the laws of
the State of Arizona.

12.         
This agreement may be executed in any number of counterparts, each of
which shall be enforceable against the parties actually executing such
counterparts, and all of which together shall constitute one instrument.
Delivery of an executed copy of this agreement by electronic facsimile
transmission or other means of electronic communication capable of producing a
printed copy will be deemed to be execution and delivery of this agreement as of
its effective date.

- 6 -

         
IN WITNESS WHEREOF the parties have executed this agreement as of the
day and year first above written.

 

NORD RESOURCES CORPORATION

	Per: 	/s/ Erland A. Anderson 	 
	  	Name: Erland A. Anderson 	 
	  	Title: President and Chief
      Executive Officer 	 

 

	/s/ John T. Perry
    	 
	JOHN T. PERRYEXHIBIT 4.1
                                                                     -----------

                                  IVOICE, INC.
                            2005 STOCK INCENTIVE PLAN

1.    PURPOSES.

The purpose of the iVoice, Inc. 2005 Stock Incentive Plan (the "Plan") is to (i)
provide long-term incentives and rewards to employees, directors, independent
contractors or agents ("Eligible Participants") of iVoice, Inc. ("the Company")
and its subsidiaries; (ii) assist the Company in attracting and retaining
employees, directors, independent contractors or agents with experience and/or
ability on a basis competitive with industry practices; and (iii) associate the
interests of such employees, directors, independent contractors or agents with
those of the Company's stockholders.

2.    EFFECTIVE DATE.

The Plan is effective as of the date it is adopted by the Board of Directors of
the Company and Awards may be made under the Plan on and after its effective
date.

3.    ADMINISTRATION OF THE PLAN.

The Plan shall be administered by the Board of Directors or a committee
appointed by the Board of Directors of the Company (hereinafter referred to as
the "Board") and the Board shall be so constituted as to permit the Plan to
comply with the disinterested administration requirements under Rule 16b-3 of
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the
"outside director" requirement of Section 162(m) of the Internal Revenue Code of
1986, as amended (the "Code").

The Board shall have all the powers vested in it by the terms of the Plan, such
powers to include exclusive authority (within the limitations described herein)
to select the Eligible Participants to be granted awards under the Plan, to
determine the type, size and terms of awards to be made to each Eligible
Participant selected, to determine the time when awards will be granted, when
they will vest, when they may be exercised and when they will be paid, to amend
awards previously granted and to establish objectives and conditions, if any,
for earning awards and whether awards will be paid after the end of the award
period. The Board shall have full power and authority to administer and
interpret the Plan and to adopt such rules, regulations, agreements, guidelines
and instruments for the administration of the Plan and for the conduct of its
business as the Board deems necessary or advisable and to interpret same. The
Board's interpretation of the Plan, and all actions taken and determinations
made by the Board pursuant to the powers vested in it hereunder, shall be
conclusive and binding on all parties concerned, including the Company
stockholders, any participants in the Plan and any other Eligible Participant of
the Company.

All employees of the Company and all employees of Affiliates shall be eligible
to participate in the Plan. The Board, in its sole discretion, shall from time
to time designate from among the eligible employees and among directors,
independent contractors or agents those individuals who are to receive awards
under and thereby become participants in the Plan. For purposes of the Plan,
"Affiliate" shall mean any entity, as may from time to time be designated by the
Board, that is a subsidiary corporation of the Company (within the meaning of
Section 424 of the Code), and each other entity directly or indirectly
controlling or controlled by or under common control with the Company. For
purposes of this definition, "control" means the power to direct the management
and policies of such entity, whether through the ownership of voting securities,
by contract or otherwise; and the terms "controlling" and "controlled" have
meaning correlative to the foregoing.

4.    AWARDS.

(a) Types. Awards under the Plan shall be made with reference to shares of the
Company common stock and may include, but need not be limited to, stock options
(including non-statutory stock options and incentive stock options qualifying
under Section 422 of the Code), stock appreciation rights (including
free-standing, tandem and limited stock appreciation rights), warrants, dividend
equivalents, stock awards, restricted stock, phantom stock, performance shares
or other securities or rights that the Board determines to be consistent with
the objectives and limitations of the Plan. The Board may provide for the
issuance of shares of the Company common stock as a stock award for no
consideration other than services rendered or, to the extent permitted by
applicable state law, to be rendered. In the event of an award under which
shares of the Company common stock are or may in the future be issued for any
other type of consideration, the amount of such consideration shall (i) be equal
or greater than to the amount (such as the par value of such shares) required to
be received by the Company in order to assure
<PAGE>

compliance with applicable state law and (ii) to the extent necessary to comply
with Rule 16b-3 of the Exchange Act, be equal to or greater than 50% of the fair
market value of such shares on the date of grant of such award. The Board may
make any other type of award which it shall determine is consistent with the
objectives and limitations of the Plan.

(b) Performance Goals. The Board may, but need not, establish performance goals
to be achieved within such performance periods as may be selected by it in its
sole discretion, using such measures of the performance of the Company and/or
its Affiliates as it may select.

(c) Rules and Policies. The Board may adopt from time to time written rules and
policies implementing the Plan. Such rules and policies may include, but need
not be limited to, the type, size and term of awards to be made to participants
and the conditions for the exercise or payment of such awards.

5.    SHARES OF STOCK SUBJECT TO THE PLAN.

The shares that may be delivered or purchased or used for reference purposes
under the Plan shall not exceed an aggregate of twenty percent (20%) of the
issued and outstanding shares of the Company's Class A Common Stock, no par
value per share, as determined by the Board from time to time. Any shares
subject to an award which for any reason expires or is terminated unexercised as
to such shares shall again be available for issuance under the Plan.

6.    PAYMENT OF AWARDS.

The Board shall determine the extent to which awards shall be payable in cash,
shares of the Company common stock or any combination thereof. The Board may
determine that all or a portion of a payment to a participant under the Plan,
whether it is to be made in cash, shares of the Company common stock or a
combination thereof shall be deferred. Deferrals shall be for such periods and
upon such terms as the Board may determine in its sole discretion.

7.    VESTING.

The Board may determine that all or a portion of a payment to a participant
under the Plan, whether it is to be made in cash, shares of the Company common
stock or a combination thereof, shall be vested at such times and upon such
terms as may be selected by it in its sole discretion.

8.    DILUTION AND OTHER ADJUSTMENT.

In the event of any change in the outstanding shares of the Company common stock
by reason of any split, stock dividend, recapitalization, merger, consolidation,
spin-off, reorganization, combination or exchange of shares or other similar
corporate change, such equitable adjustments shall be made in the Plan and the
awards thereunder as the Board determines are necessary or appropriate,
including, if necessary, any adjustments in the number, kind or character of
shares that may be subject to existing or future awards under the Plan
(including by substitution of shares of another corporation including, without
limitation, any successor of the Company ), adjustments in the exercise,
purchase or base price of an outstanding award and any adjustments in the
maximum numbers of shares referred to in Section 4 or Section 5 of the Plan. All
such adjustments shall be conclusive and binding for all purposes of the Plan.

9.    MISCELLANEOUS PROVISIONS.

(a) Rights as Stockholder. A participant under the Plan shall have no rights as
a holder of the Company common stock with respect to awards hereunder, unless
and until certificates for shares of such stock are issued to the participant.

(b) Assignment to Transfer. No award under this Plan shall be transferable by
the participant or shall be subject to any manner of alienation, sale, transfer,
assignment, pledge, encumbrance or charge (other than by or to the Company),
except (i) by will or the laws of the descent and distribution (with all
references herein to the rights or duties of holders or participants to be
deemed to include such beneficiaries or legal representatives of the holders or
participant unless the context otherwise expressly requires); (ii) subject to
the prior approval of the Board, for transfers to members of the participant's
immediate family, charitable institutions, trusts whose beneficiaries are
members of the participant's immediate family and/or charitable institutions,
trusts whose beneficiaries are members of the participant's immediate family
and/or charitable institutions, or to such other persons or entities as may be
approved by the Board in each case subject to the condition that the Board be
satisfied that such transfer is being made for the estate and/or tax planning
purposes on a gratuitous or donative basis and without consideration (other than
nominal consideration) being received therefor. Except as provided above, during
the lifetime of a participant, awards hereunder are exercisable only by, and
payable only to, the participant.
<PAGE>

(c) Agreements. All awards granted under the Plan shall be evidenced by
agreements in such form and containing such terms and conditions (not
inconsistent with the Plan) as the Board shall adopt.

(d) Compliance with Legal Regulations. During the term of the Plan and the term
of any awards granted under the Plan, the Company will at all times reserve and
keep available such number of shares as may be issuable under the Plan, and will
seek to obtain from any regulatory body having jurisdiction, any requisite
authority required in the opinion of counsel for the Company in order to grant
shares of the Company common stock, or options to purchase such stock or other
awards hereunder, and transfer, issue or sell such number of shares of common
stock as shall be sufficient to satisfy the requirements of any options or other
awards. If in the opinion of counsel for the Company the transfer, issue or sale
of any shares of its stock under the Plan shall not be lawful for any reason
including the inability of the Company to obtain from any regulatory body having
jurisdiction authority deemed by such counsel to be necessary to such transfer,
issuance or sale, the Company shall not be obligated to transfer, issue or sell
any such shares. In any event, the Company shall not be obligated to transfer,
issue or sell any shares to any participant unless a registration statement
which complies with the provisions of the Securities Act of 1933, as amended
(the "Securities Act"), is in effect at the time with respect to such shares or
other appropriate action has been taken under and pursuant to the terms and
provisions of the Securities Act and any other applicable securities laws, or
the Company receives evidence satisfactory to the Board that the transfer,
issuance or sale of such shares, in the absence of an effective registration
statement or other appropriate action, would not constitute a violation of the
terms and provisions of the Securities Act. the Company's obligation to issue
shares upon the exercise of any award granted under the Plan shall in any case
be subject to the Company being satisfied that the shares purchased are being
purchased for investment and not with a view to the distribution thereof, if at
the time of such exercise a resale of such shares would otherwise violate the
Securities Act in the absence of an effective registration statement relating to
such shares.

(e) Withholding Taxes. the Company shall have the right to deduct from all
awards hereunder paid in cash any federal, state, local or foreign taxes
required by law to be withheld with respect to such awards and, with respect to
awards paid in stock, to require the payment (through withholding from the
participant's salary or otherwise) of any such taxes. The obligation of the
Company to make delivery of awards in cash or the Company common stock shall be
subject to currency or other restrictions imposed by any government.

(f) No Rights to Award. No Eligible Participant or other person shall have any
right to be granted an award under the Plan. Neither the Plan nor any action
taken hereunder shall be construed as giving any employee any right to be
retained in the employ of the Company or any of its subsidiaries or shall
interfere with or restrict in any way the rights of the Company or its
subsidiaries, which are hereby reserved, to discharge the employee at any time
for any reason whatsoever, with or without good cause.

(g) Costs and Expenses. The costs and expenses of administering the Plan shall
be borne by the Company and not charged to any award or to any Eligible
Participant receiving an award.

(h) Funding of Plan. The Plan shall be unfunded. the Company shall not be
required to establish any special or separate fund or to make any other
segregation of assets to assure the payment of any award under the Plan.

10.   AMENDMENTS AND TERMINATION.

(a) Amendments. The Board may at any time terminate or from time to time amend
the Plan in whole or in part, but no such action shall adversely affect any
rights or obligations with respect to any awards theretofore made under the
Plan.

Unless the majority of the directors of the Company present, or represented, and
entitled to vote at a meeting of directors shall have first approved thereof, no
amendment of the Plan shall be effective which would (i) increase the maximum
number of shares referred to in section 5 of the Plan or the maximum awards that
may be granted pursuant to section 4 of the Plan to any one individual or (ii)
extend the maximum period during which awards may be granted under the Plan. For
purposes of this section 10 (a), any (A) cancellation and re-issuance or (B)
repricing of any awards made under the Plan at a new option price shall not
constitute an amendment of this Plan.

With consent of the Eligible Participant adversely affected, the Board may amend
outstanding agreements evidencing awards under the Plan in a manner not
inconsistent with the terms of the Plan.
<PAGE>

(b) Termination. Unless the Plan shall theretofore have been terminated as above
provided, the Plan (but not the awards theretofore granted under the Plan) shall
terminate on and no awards shall be granted after December 19, 2015.

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