Document:

Agreement and Releases dated June 29, 2007

 Exhibit 10.1 
 AGREEMENT AND RELEASES 
 This Agreement
and Releases (the “Agreement”) is made and entered into as of the 29th day of June, 2007, by and between
Convergys Corporation, an Ohio corporation, for itself and on behalf of its subsidiaries (hereinafter referred to collectively as “CONVERGYS”) and William H. Hawkins, II (“HAWKINS”). 
 WHEREAS, CONVERGYS and HAWKINS are parties to an Employment Agreement executed September 11, 2000 (the “Employment Agreement”); and

 WHEREAS, effective June 29, 2007 (“Effective Retirement Date”), HAWKINS has retired from CONVERGYS; and 

WHEREAS, the parties desire to resolve any and all issues related to the Employment Agreement and HAWKINS’ employment with and separation
from the Company; 
 NOW, THEREFORE, in consideration of the mutual promises herein contained, the parties agree and covenant as
follows: 
  

	1.	Employment Agreement. 

 a) HAWKINS
acknowledges and agrees that, notwithstanding the termination of the Employment Agreement as a result of his retirement, he continues to be bound by the obligations regarding Confidentiality, New Developments, Surrender of Material Upon Termination,
Covenant Not to Compete and Goodwill as set forth in Sections 7, 8, 9, 11 and 12 of the Employment Agreement, which by the express terms of the Employment Agreement survive its termination, and which are incorporated herein by this reference.
HAWKINS represents that he has thoroughly reviewed the terms of these covenants and acknowledges that this Agreement does not supersede or extinguish his preexisting confidentiality and other obligations to CONVERGYS. 

 b) CONVERGYS and HAWKINS agree that because this Agreement resolves all claims arising out of or related
to HAWKINS’ employment, separation from employment and the Employment Agreement, Section 10 of the Employment Agreement, entitled “Remedies,” shall not survive the termination of the Employment Agreement except as follows:

 (i) If HAWKINS claims that CONVERGYS has breached this Agreement, his sole remedy for such breach shall be through resort to final and
binding arbitration in accordance with the terms of Section 10 of the Employment Agreement; and 
 (ii) CONVERGYS retains the right set
forth in Section 10 of the Employment Agreement to pursue, in any forum, injunctive and equitable relief, for redress of or to prevent any breach by HAWKINS of Sections 7, 8, 9, 11 or 12 of the Employment Agreement. HAWKINS acknowledges and
confirms that his obligations remaining under the Employment Agreement are of a special, unique and extraordinary character, and that the breach of any such obligation will cause CONVERGYS irreparable injury and damage. 
  

	2.	Consideration. 

 In exchange for the promises
and releases of HAWKINS, CONVERGYS agrees that HAWKINS’ outstanding vested stock options may continue to be exercised by HAWKINS until the end of the 60 business day period following his Effective Retirement Date. Further, the parties agree as
to each of the items contained in Exhibit 1 to this Agreement. The parties further agree that HAWKINS has no other right or entitlement and will never make any claim to any funds from CONVERGYS either by way of salary or pursuant to any employee
benefit plan, contract or document whatsoever, other than those items contained in Exhibit 1 to the Agreement. 
 HAWKINS understands and
agrees that he is solely responsible for any tax consequences resulting from his receipt of payments and benefits set forth in this paragraph 2 and/or paid as a result of his retirement, that CONVERGYS will provide him appropriate W-2s and/or Form
1099s, or other tax forms, and HAWKINS will indemnify and hold harmless CONVERGYS for his failure to pay required taxes on such payments and benefits. 

 HAWKINS acknowledges that the consideration described in this paragraph 2 is in exchange for
HAWKINS’ release of claims, and is in excess of what is otherwise owed to HAWKINS under any policy, benefit plan or other obligation of CONVERGYS. 
  

	3.	Release. 

 In consideration of the promises
set forth in Section 2, HAWKINS, and his heirs and estate, hereby release CONVERGYS, each of its subsidiaries and affiliated companies, and each of their stockholders, respective directors, employees, agents, representatives, successors, and
assigns from any and all claims, liabilities, promises, agreements, and lawsuits (including claims for attorneys’ fees, costs, back pay, front pay, benefits and punitive and compensatory damages) of any nature whatsoever, including those
asserting individual liability and claims to payment or credit under the Company’s policies or benefit plans (except for vested benefits under established Company benefit plans), arising from or related to his employment with CONVERGYS, the
Employment Agreement, and his separation, including any and all claims of race, color, sex, national origin, ancestry, religion, disability, age or other discrimination, harassment, or retaliation, including any and all claims under the Ohio Civil
Rights Act, Ohio Revised Code (“O.R.C.”) Section 4112 (and sections following), the Ohio Whistleblower’s Act, O.R.C. Section 4113.52 (and sections following), the Ohio Workers’ Compensation Retaliation Law, O.R.C.
Section 4123.90, Title VII of the Civil Rights Act of 1964, 42 USC Section 2000e (and sections following), the Employee Retirement Income Security Act, 29 USC Section 1001 (and sections following), the Reconstruction Era Civil Rights
Act, 42 USC Section 1981 (and sections following), the Age Discrimination in Employment Act (“ADEA”), 29 USC Section 621 (and sections following), the Americans with Disabilities Act, 42 USC 

 
Section 12101 (and sections following), the Family and Medical Leave Act, 29 USC Section 2601 (and sections following), the Worker Adjustment and
Retraining Notification Act, 29 USC Section 2100 (and sections following), and the amendments to such laws, as well as any similar or related statute(s) of Ohio or another state or district, and fully and completely releases CONVERGYS, each of
its subsidiaries and affiliated companies, and each of their stockholders, respective directors, employees, agents, representatives, successors, and assigns from any and all claims, liabilities, promises, agreements, and lawsuits (including claims
for attorneys’ fees, costs, back pay, front pay, benefits and punitive and compensatory damages) of any nature whatsoever, whether based on a theory of breach of contract, promissory estoppel, wrongful termination, personal injury, defamation,
loss of consortium, distress, humiliation, loss of standing and prestige, public policy, or any other tort, whether such claims are known or unknown, which HAWKINS now has, or claims to have against CONVERGYS for circumstances arising out of or
connected with his employment with CONVERGYS, his separation from employment, the Employment Agreement, or any other event or circumstance occurring prior to the eighth day following the Effective Date of this Agreement, and also including any
claims that may depend upon the identity (whether known or unknown to HAWKINS) of CONVERGYS’ selection of anyone to perform some or all of the duties formerly performed by HAWKINS. 
 In consideration of the promises set forth in this Agreement, CONVERGYS releases HAWKINS and his heirs and estate from claims and liabilities, which
CONVERGYS now has, or claims to have against HAWKINS for circumstances arising out of or connected with his employment with CONVERGYS, his retirement from employment, the employment agreement, or any other related event or circumstance (whether
known or unknown to CONVERGYS). 

 HAWKINS’ and CONVERGYS’ releases specifically do not include their: 
 a) rights to enforce this Agreement; 
 b)
rights to indemnification under CONVERGYS’ articles of incorporation and bylaws; 
 c) rights to indemnification under the
directors’ and officers’ liability insurance policies maintained by CONVERGYS; and 
 d) benefit continuation/conversion rights
under CONVERGYS’ employee benefit plans. 
 HAWKINS and CONVERGYS agree that neither has filed, and will not file, any lawsuit or
arbitration action against the other with respect to any claim, including, but not limited to those released under the preceding paragraph. HAWKINS waives any right to re-employment with CONVERGYS, and agrees that CONVERGYS may reject any
application he makes for re-employment without any liability whatsoever. 
 HAWKINS also agrees that this Agreement shall serve as notice of
resignation as an officer and/or director of CONVERGYS and any and all of its affiliated entities effective as of the Effective Retirement Date. HAWKINS agrees to execute any and all documents and take any and all actions as may be necessary to give
effect to this resignation, including, but not limited to, executing all documents necessary to effect resignation from all director and officer positions, with CONVERGYS and its subsidiaries. 
 CONVERGYS agrees that its officers and directors who have knowledge of the terms of this Agreement will not disparage HAWKINS, and will maintain the
confidentiality of this Agreement except as required by law. HAWKINS agrees that he will not disparage CONVERGYS, and will maintain the confidentiality of this Agreement as required by law. 

	4.	Return of CONVERGYS Property. 

 HAWKINS
certifies that he has delivered to CONVERGYS or will cause to be delivered to CONVERGYS the following: 
 a) any and all CONVERGYS equipment
and property, and all documents or other tangible materials (whether originals, copies, or abstracts, and including, without limitation, price lists, question guides, outstanding quotations, books, records, manuals, files, sales literature, training
materials, calling or business cards, credit cards, customer lists or records, correspondence, computer printout documents, contracts, orders, messages, phone and address lists, memoranda, notes, work papers, agreements, drafts, invoices and
receipts) which in any way relate to CONVERGYS’ or its affiliates’ business or were prepared, compiled, used or acquired by HAWKINS while employed by CONVERGYS, excluding personal items paid for by HAWKINS; 
 b) all keys, combinations, badges and access codes to the premises, facilities and equipment of CONVERGYS and/or its affiliates (including without
limitation, the offices, desks, storage cabinets, safes, data processing systems and communications equipment), whether furnished to HAWKINS by CONVERGYS or its affiliates. The above reference shall include any personal property, equipment or
documents prepared, used or acquired by HAWKINS with funds expended by CONVERGYS or its affiliates while he was employed by CONVERGYS, excluding personal items paid for by HAWKINS. 
  

	5.	General. 

 a) This Agreement constitutes the
entire agreement and understanding of the parties regarding the subject matter hereof and supersedes all prior agreements, arrangements, and understandings with HAWKINS except as set forth above in Section 1. This Agreement may be amended or
modified only by a writing signed by the parties hereto. 

 b) No waiver with respect to any provision of this Agreement shall be effective unless in writing. The
waiver by either party hereto of a breach of any provision of this Agreement by the other shall not operate or be construed as a waiver of any other or subsequent breach. 
 c) In the event of any action or proceeding regarding this Agreement, the prevailing party, in addition to all other legal or equitable remedies possessed, shall be entitled to be reimbursed for all costs and
expenses, including reasonable attorneys’ fees, incurred by reason of such action or proceeding. 
 d) The section headings contained in
this Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Agreement. 
 e) This
Agreement shall be binding upon and inure to the benefit of CONVERGYS, its subsidiaries, affiliates, successors and assigns, and HAWKINS, his heirs and personal representatives. 
 f) HAWKINS acknowledges that: 
 (i) he was
given 21 days to consider this Agreement, that he may revoke this Agreement within 7 days after signing it by providing CONVERGYS with notice of revocation, c/o Clark Handy, 201 East Fourth Street, Cincinnati, OH 45202, (513) 723-3413
(facsimile), and that, in the event of such revocation, CONVERGYS shall have no obligations under paragraph 2 of this Agreement; 
 (ii) he
has not been pressured, coerced, or otherwise forced to execute this Agreement and he is entering into this Agreement voluntarily; 
 (iii) he
has not relied upon any statement or promise made by or on behalf of CONVERGYS that is not contained in this Agreement; 
 (iv) he understands
this Agreement; 

 (v) he understands and intends that this Agreement fully and completely releases CONVERGYS from any
claims he may have; and 
 (vi) he understands that CONVERGYS may be required to disclose his retirement and the terms of this Agreement to
the SEC and the public; 
 (vii) he understands his right, and has been advised, to discuss this Agreement with his private attorney.

 h) The laws of the State of Ohio shall govern this Agreement without giving effect to the conflicts of law provisions
thereof. 
  

									
	CONVERGYS CORPORATION	 		 		 	
				
	 By:
	 	 /s/ David F. Dougherty
	 		 	 /s/ William H. Hawkins II

		 	DAVID F. DOUGHERTY	 		 	 WILLIAM H. HAWKINS II

					
		 		 		 		 	
					
	 Date:
	 	 June 26, 2007
	 		 	 Date:
	 	June 26, 2007
					
		 		 		 	Witness:	 	 Randolph Freking

 EXHIBIT I 
 Payment to HAWKINS of benefits under the Convergys Corporation Retirement and Savings Plan and Convergys Corporation Pension Plan (excluding the non-qualified portion of Pension Plan) per the terms of those plans and
elections made by HAWKINS thereunder. 
 Payment to HAWKINS of benefits under the Convergys Corporation Executive Deferred Compensation Plan
per the terms of the plan, elections made by HAWKINS thereunder, and the requirements of Code Section 409A. 
 Payment to HAWKINS of
benefits under the Convergys Corporation Supplemental Executive Retirement Plan per the terms of the plan, elections made by HAWKINS thereunder, and the requirements of Code Section 409A. Payment will be made 6 months following HAWKINS’
Effective Retirement Date. 
 Issuance to HAWKINS of 17,000 shares under HAWKINS’ 2004 Performance Based Restricted Stock Unit
Award within 30 days of HAWKINS’ Effective Retirement Date. HAWKINS’ other outstanding Performance Based Restricted Stock Unit Awards and his outstanding Time Based Restricted Stock Unit Awards and Performance Cash Unit Awards are
forfeited as of his Effective Retirement Date per the terms of the agreements governing such awards. 
 Opportunity to elect to
continue health care coverage per the requirements of the Consolidated Omnibus Budget Reconciliation Act of 1986 and the terms of the health care plan for the maximum period of time allowed under the law.Exhibit 10.1

 Exhibit 10.1 
 SUBSCRIPTION AGREEMENT 
 June 28, 2007 
 Primus Telecommunications Group, Incorporated 
 7901 Jones Branch Drive, Suite 900 
 McLean, Virginia 22102 
 Ladies and Gentlemen: 
 The undersigned (the “Purchaser”) hereby confirms its agreement with you as follows: 
 1. This Subscription Agreement (including all annexes and exhibits hereto, this “Agreement”) is made as of the date set forth above
between Primus Telecommunications Group, Incorporated, a Delaware corporation (the “Company”), and the Purchaser. 
 2. The
Company has authorized the sale and issuance of 22,500,000 shares (the “Shares”) of common stock, $0.01 par value per share (the “Common Stock”) of the Company, for a purchase price of $0.915 per Share (the
“Purchase Price”) to Qualified Institutional Buyers (as defined in Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”)) and to institutional “Accredited Investors” (as defined in
Rule 501(a)(1), (2), (3) or (7) of Regulation D of the Securities Act). The Shares will be represented by physical certificates. 
 3. The offering and sale of the Shares (the “Offering”) is being made pursuant to (1) an effective “shelf” Registration Statement on Form S-3 filed with the Securities and Exchange
Commission (the “Commission”) on November 4, 2003 (File No. 333-110241), as amended by Post-Effective Amendment No. 1 to Form S-3 by Form S-1 filed with the Commission on June 4, 2007, and by Post-Effective
Amendment No. 2 by Form S-3 filed with the Commission on June 19, 2007, which became effective on June 22, 2007 (the “Registration Statement”), (2) the base prospectus filed with the Commission on June 27,
2007 pursuant to Rule 424(b)(3) of the Securities Act (the “Base Prospectus”), (3) if applicable, certain “free writing prospectus” (as that term is defined in Rule 405 of the Securities Act), that have or will be
filed with the Commission and delivered to the Purchaser on or prior to the date hereof (an “Issuer Free Writing Prospectus”), (4) a preliminary prospectus supplement to the Base Prospectus dated June 28, 2007 (together
with the Base Prospectus, the “Statutory Prospectus”), and (5) a final prospectus supplement (the “Prospectus Supplement” and together with the Base Prospectus, the “Prospectus”) containing
certain supplemental information regarding the Shares and terms of the Offering that will be filed with the Commission and delivered to the Purchaser (or made available to the Purchaser by the filing by the Company of an electronic version thereof
with the Commission) along with the Company’s counterpart to this Agreement. 
 4. The Company and the Purchaser agree that the
Purchaser will purchase from the Company and the Company will issue and sell to the Purchaser the Shares set forth below for the aggregate purchase price set forth below. The Shares shall be purchased pursuant to the Terms and Conditions for
Purchase of Shares attached hereto as Annex I and incorporated herein by this reference as if fully set forth herein. The Purchaser acknowledges that the Offering is not being underwritten by the placement agent (the “Placement
Agent”) named in the Prospectus Supplement and that the minimum Offering amount is 21,857,924 Shares for an aggregate purchase price of $20 million, unless such minimum Offering amount is expressly waived by the Company.  

5. The manner of settlement of the Shares purchased by the Purchaser shall be physical certificates, registered in the Purchaser’s name and
address as set forth below or in the name requested by the Purchaser in the Purchaser Questionnaire attached as Exhibit A to the Terms and Conditions for Purchase of Shares attached hereto as Annex I, and released by StockTrans, Inc.,
the Company’s transfer agent, (the “Transfer Agent”), to the Purchaser at the Closing (as defined in Annex I). 
  

 NO LATER THAN ONE (1) BUSINESS DAY AFTER THE EXECUTION OF THIS AGREEMENT BY THE PURCHASER AND THE
COMPANY, THE PURCHASER SHALL REMIT BY WIRE TRANSFER THE AMOUNT OF FUNDS EQUAL TO THE AGGREGATE PURCHASE PRICE FOR THE SHARES BEING PURCHASED BY THE PURCHASER TO THE FOLLOWING ACCOUNT: 
 JPMorgan Chase Bank, N.A. 
 ABA: 021000021 
 Account Number: 507897455 
 Account Name: Escrow Special Subscription Account 
 Ref: further credit to 304950521; Primus Telecommunications Escrow 
 Attention: Audrey Mohan 
 Telephone: (212) 623-6742 
 Fax: (212) 623-6168 
 IT IS THE PURCHASER’S RESPONSIBILITY TO MAKE THE NECESSARY WIRE TRANSFER IN A TIMELY MANNER. IF THE PURCHASER DOES NOT DELIVER THE AGGREGATE
PURCHASE PRICE FOR THE SHARES, THE SHARES MAY NOT BE DELIVERED AT CLOSING TO THE PURCHASER OR THE PURCHASER MAY BE EXCLUDED FROM THE CLOSING ALTOGETHER. 
 6. The Company represents and warrants to the Purchaser that: 
  

	 	(a)	it has full right, power and authority to enter into this Subscription and to perform all of its obligations hereunder; 

  

	 	(b)	this Agreement has been duly authorized and executed by and constitutes a valid and binding agreement of the Company enforceable in accordance with its terms;

  

	 	(c)	the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby do not conflict with or result in a breach of (i) the Company’s
certificate of incorporation or by-laws, or (ii) any material agreement to which the Company is a party or by which any of its property or assets is bound, and no further vote or authorization of the Company or any third party or governmental
authority is necessary to consummate the transactions contemplated hereby; 

  

	 	(d)	the Shares have been duly authorized for sale and issuance, and when issued and delivered by the Company against payment therefor pursuant to this Agreement, will be validly issued,
fully paid and nonassessable; 

  

	 	(e)	the Registration Statement (including the post-effective amendment thereto), at the time it last became effective on June 22, 2007, on the date hereof and on the Closing Date
(as defined in Annex I), did not and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading, except as may be amended
or supplemented by any Statutory Prospectus or Prospectus; 

  

	 	(f)	on the date hereof and on the Closing Date, any Issuer Free Writing Prospectus, together with the Statutory Prospectus, all considered together, did not and will not contain any
untrue statement of a material fact or omit a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; 

  

	 	(g)	the Prospectus, at the time the Prospectus is issued and on the Closing Date did not and will not contain any untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading; and 

  

	 	(h)	the documents incorporated by reference in the Prospectus, when they became effective or were filed with the Commission, as the case may be, as they may have been amended or
superseded by a subsequent filing with the Commission, conformed in all material respects to the requirements of the Securities Act of 1933 or the Securities Exchange Act of 1934, as applicable, and the rules and regulations of the Commission
thereunder and none of such documents contained any untrue statement of a material fact or omitted to state any material fact required to be stated therein or necessary to make the statements therein not misleading. 

 7. The Purchaser represents to the matters set forth in Annex I and that, except as set forth below, (a) it has had no position, office or
other material relationship within the past three years with the Company or persons known to it to be affiliates of the Company, (b) it has full right, power and authority to enter into this Agreement and to perform its obligations hereunder,
and this Agreement has been duly authorized and executed by the Purchaser and represents a valid and binding agreement of the Purchaser enforceable in accordance with its terms, without conflict under any organizational document of the Purchaser, or
any agreement to which it is a party, or law, regulation or order, to which the Purchaser is subject, (c) it is not a NASD member or an Associated Person (as such term is defined under the NASD Membership and Registration Rules
Section 1011) as of the Closing, and (d) neither the Purchaser nor any group of persons (whether identified in a public filing made with the Commission or otherwise) of which the Purchaser is a part, prior to, in connection with or
following the Offering of the Shares, has acquired, beneficially owns or obtained the right to acquire, 5% or more of the Common Stock (including, on an as-converted, exercised or exchanged basis, securities convertible into or exercisable or
exchangeable for Common Stock) or the voting power of the Company.
 Exceptions: (If no exceptions, write “none.” If left blank,
response will be deemed to be “none.”) 
  

	
	  
	  
	  

 8. The Purchaser represents that it has received the Statutory Prospectus, the documents
incorporated by reference therein, and any Issuer Free Writing Prospectus (collectively, the “General Disclosure Package”), prior to or in connection with the receipt of this Agreement along with the Company’s counterpart to
this Agreement. 
 9. No offer by the Purchaser to buy Shares will be accepted and no part of the Purchase Price will be delivered to the
Company until the Company has accepted such offer by countersigning a copy of this Agreement, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the Company (or the Placement Agent on
behalf of the Company) sending (orally, in writing, or by electronic mail) notice of its acceptance of such offer. An indication of interest will involve no obligation or commitment of any kind until this Agreement is accepted and countersigned
by or on behalf of the Company. 
  

				
	 Number of Shares:
	  		
		  	 	 
	 Purchase Price Per Share:
	  	$	0.915
	 Aggregate Purchase Price
	  	$	            
		  	 	 

  

 Please confirm that the foregoing correctly sets forth the agreement between us by signing in the space
provided below for that purpose. 
  

			
	  
	NAME OF PURCHASER
		
	By:	 	  
		 	 Name:
 Title:

			
		
	Address:	 	  
	
	  
	
	  
	
	  

  

			
	 Agreed and Accepted
  
 PRIMUS TELECOMMUNICATIONS GROUP, INCORPORATED

			
		
	By:	 	  
		 	 Name:
 Title:

 ANNEX I 
 TERMS AND CONDITIONS FOR PURCHASE OF SHARES 
 1. Authorization and Sale of the Shares. Subject to the terms and
conditions of this Agreement and the Placement Agreement (as defined below), the Company has authorized the sale of the Shares. 
 2. Agreement to Sell
and Purchase the Shares; Placement Agent. 
 2.1 At the Closing (as defined in Section 3.1), the Company will sell to the Purchaser,
and the Purchaser will purchase from the Company, upon the terms and conditions set forth herein, the number of Shares set forth in Section 9 on page 3 of the Agreement to which these Terms and Conditions for Purchase of Shares are attached as
Annex I (“Page 3”) for the aggregate purchase price set forth on Page 3. 
 2.2 The Company proposes to enter into
substantially this same form of Subscription Agreement with certain other purchasers (the “Other Purchasers”) and expects to complete sales of Shares to them. The Purchaser and the Other Purchasers are hereinafter sometimes
collectively referred to as the “Purchasers,” and this Agreement and the Subscription Agreements executed by the Other Purchasers are hereinafter sometimes collectively referred to as the “Agreements.” 

2.3 The Purchaser acknowledges that the Company intends to pay CRT Capital Group LLC (the “Placement Agent”) a placement fee (the
“Placement Fee”) in respect of the sale of Shares to the Purchaser and a financial advisory fee (the “Financial Advisory Fee”). 
 2.4 The Company has entered into the Placement Agent Agreement, dated June 28, 2007 (the “Placement Agreement”), with the Placement Agent that contains certain representations, warranties,
covenants, and agreements of the Company to the Placement Agent. A copy of the Placement Agreement is available upon request by contacting the Placement Agent. 
 3. Closings and Delivery of the Shares and Funds. 
 3.1 Closing. The completion of the purchase and sale of the
Shares (the “Closing”) shall occur at a place and time (the “Closing Date”) to be specified by the Company and the Placement Agent, and of which the Purchasers will be notified in advance by the Placement Agent, in
accordance with Rule 15c6-1 promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). At the Closing, (a) the Company shall cause the Transfer Agent to deliver to the Purchaser the number of
Shares set forth on Page 3 registered in the name of the Purchaser or, if so indicated on the Purchaser Questionnaire attached hereto as Exhibit A, in the name of a nominee designated by the Purchaser, and (b) the aggregate purchase
price for the Shares being purchased by the Purchaser will be delivered by or on behalf of the Purchaser to the Company. 
 3.2 Conditions
to Obligations. 
 (a) Conditions to the Company’s Obligations. The Company’s obligation to issue and
sell the Shares to the Purchaser shall be subject to: (i) the receipt by the Company of not less than the minimum offering amount of the Shares being purchased hereunder, as set forth in paragraph 4 on page 1 of the Agreement to which these
Terms and Conditions for Purchase of Shares are attached as Annex I and (b) the accuracy of the representations and warranties made by the Purchaser and the fulfillment of those undertakings of the Purchaser to be fulfilled prior to the
Closing Date. 
 (b) Conditions to the Purchaser’s Obligations. The Purchaser’s obligation to purchase
the Shares will be subject to the accuracy of the representations and warranties made by the Company, and the fulfillment of those undertakings of the Company to be fulfilled prior to the Closing Date as set forth in this Agreement and to the
further condition that the Placement Agent shall not have: (a) terminated the Placement Agreement pursuant to the terms thereof or (b) determined that the conditions to the obligations of the Placement Agent pursuant to
Section 7 of the Placement Agreement have not been satisfied. The 

 
Purchaser’s obligations are expressly not conditioned on the purchase by any or all of the Other Purchasers of the Shares that they have agreed to
purchase from the Company. 
 3.3 Delivery of Funds. No later than one (1) business day after the execution of
this Agreement by the Purchaser and the Company, the Purchaser shall remit by wire transfer the amount of funds equal to the aggregate purchase price for the Shares being purchased by the Purchaser to the following account designated by the Company
and the Placement Agent pursuant to the terms of that certain Escrow Agreement (the “Escrow Agreement”), dated as of June 28, 2007, by and among the Company, the Placement Agent and JPMorgan Chase Bank, N.A. (the
“Escrow Agent”): 
 JPMorgan Chase Bank, N.A. 
 ABA: 021000021 
 Account Number: 507897455 
 Account Name: Escrow Special Subscription Account 
 Ref: further credit to 304950521; Primus Telecommunications Escrow 
 Attention: Audrey Mohan 
 Telephone: (212) 623-6742 
 Fax: (212) 623-6168 
 Such funds shall be held in escrow by the Escrow Agent on behalf of the Purchasers. On the date of Closing, upon the satisfaction, in the sole
judgment of the Placement Agent, of the conditions set forth in Section 3.2(b) hereof, the Placement Agent and the Company shall jointly instruct the Escrow Agent to deliver such funds to the Company; provided, that a portion of the
escrowed funds shall be withheld by the Placement Agent and applied to the Placement Fee, the Financial Advisory Fee and the fee of the Escrow Agent provided for in the Escrow Agreement. Other than as set forth above, the Placement Agent shall
have no rights in or to any of the escrowed funds. 
 The Purchaser hereby acknowledges that the Escrow Agent shall not be liable under the
Escrow Agreement or this Agreement, except for its own gross negligence or willful misconduct. 
 3.4 Delivery of Shares. The manner
of settlement of the Shares purchased by the Purchaser shall be by delivery of physical certificates, registered in the Purchaser’s name and address as set forth on the signature page of the Agreement to which these Terms and Conditions for
Purchase of Shares are attached as Annex I or in the name requested by the Purchaser in the Purchaser Questionnaire attached as Exhibit A to these Terms and Conditions for Purchase of Shares, and released by the Transfer Agent to the
Purchaser at the Closing. 
 4. Representations, Warranties and Covenants of the Purchaser. 
 4.1 The Purchaser represents and warrants to, and covenants with, the Company that it is either (i) a Qualified Institutional Buyer (as defined in
Rule 144A of the Securities Act) or (ii) an institutional “Accredited Investor” (as defined in Rule 501(a)(1), (2), (3) or (7) of Regulation D of the Securities Act). 
 4.2 The Purchaser represents and warrants to, and covenants with, the Company that (a) the Purchaser is knowledgeable, sophisticated and experienced
in making, and is qualified to make decisions with respect to, investments in shares presenting an investment decision like that involved in the purchase of the Shares, including investments in securities issued by the Company and investments in
comparable companies, and has requested, received, reviewed and considered all information it deemed relevant in making an informed decision to purchase the Shares; (b) the Purchaser is acquiring the number of Shares set forth on the Page 3 in
the ordinary course of its business and for its own account; (c) the Purchaser will not, directly or indirectly, offer, sell, pledge, transfer or otherwise dispose of (or solicit any offers to buy, purchase or otherwise acquire or take a pledge
of) any of the Shares except in compliance with the Securities Act, applicable state securities laws and their prospective rules and regulations promulgated thereunder; (d) the Purchaser has answered all questions on Page 3 and the Purchaser
Questionnaire for use in preparation of the Prospectus Supplement and the answers thereto are true and correct as of the date hereof and will be true and correct as of the Closing Date; (e) the Purchaser, in connection with its decision to
purchase the number of Shares set forth on the Page 3, is relying only upon the General Disclosure Package, the documents incorporated by reference therein and the representations and warranties of the Company contained 

 
herein; and (f) the Purchaser, prior to or after giving effect to the transactions contemplated hereby, will not, either individually or with a group
(as defined in Section 13(d)(3) of the Exchange Act), be the beneficial owner of 5% or more of the Company’s outstanding Common Stock. For purpose of this Section 4.2 and the Agreement, “beneficially owns,”
“beneficial ownership” or any variation thereof shall be determined pursuant to Rule 13d-3 under the Exchange Act. 
 4.3 The
Purchaser acknowledges, represents and agrees that no action has been or will be taken in any jurisdiction outside the United States by the Company or the Placement Agent that would permit an offering of the Shares, or possession or distribution of
offering materials in connection with the issue of the Shares in any jurisdiction outside the United States where action for that purpose is required. Each Purchaser outside the United States will comply with all applicable laws and regulations
in each foreign jurisdiction in which it purchases, offers, sells or delivers Shares or has in its possession or distributes any offering material, in all cases at its own expense. The Placement Agent is not authorized to make and have not made
any representation or use of any information in connection with the issue, placement, purchase and sale of the Shares, except as set forth or incorporated by reference in the Prospectus. 
 4.4 The Purchaser understands that nothing in this Agreement, the Prospectus or any other materials presented to the Purchaser in connection with the
purchase and sale of the Shares constitutes legal, tax or investment advice. The Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with its purchase
of Shares. 
 4.5 The Purchaser represents, warrants and agrees that, since the earlier to occur of (i) the date on which the Placement
Agent first contacted such Purchaser about the offering and sale of the Shares and (ii) the date of this Agreement, it has not engaged in any transactions in the securities of the Company (including, without limitation, any Short Sales (as
defined below) involving the Company’s securities). The Purchaser covenants that it will not engage in any transactions in the securities of the Company (including Short Sales) prior to the time that the transactions contemplated by this
Agreement are publicly disclosed. For purposes hereof, “Short Sales” include, without limitation, all “short sales” as defined in Rule 200 promulgated under Regulation SHO under the Exchange Act, whether or not
against the box, and all types of direct and indirect stock pledges, forward sales contracts, options, puts, calls, short sales, swaps, “put equivalent positions” (as defined in Rule 16a-1(h) under the Exchange Act) and similar
arrangements (including on a total return basis), and sales and other transactions through non-US broker dealers or foreign regulated brokers. 
 5.
Survival of Representations, Warranties and Agreements; Third Party Beneficiary. Notwithstanding any investigation made by any party to this Agreement or by the Placement Agent, all covenants, agreements, representations and warranties
made by the Company and the Purchaser herein will survive the execution of this Agreement, the delivery to the Purchaser of the Shares being purchased and the payment therefor. The Placement Agent shall be a third party beneficiary with respect
to representations, warranties and agreements of the Purchaser in Section 4 hereof. 
 6. Notices. All notices, requests, consents and other
communications hereunder shall be in writing, shall be mailed (a) if within the domestic United States, by first-class registered or certified airmail, or nationally recognized overnight express courier, postage prepaid, or by facsimile or
(b) if delivered from outside the United States, by International Federal Express or facsimile, and will be deemed given (i) if delivered by first-class registered or certified mail domestic, three business days after so mailed,
(ii) if delivered by nationally recognized overnight carrier, one business day after so mailed, (iii) if delivered by International Federal Express, two business days after so mailed and (iv) if delivered by facsimile, upon electric
confirmation of receipt, and will be delivered and addressed as follows: 
 (a) if to the Company, to: 
 Primus Telecommunications Group, Incorporated 
 7901 Jones Branch Drive, Suite 900 
 McLean, Virginia 22102 
 Attention: John DePodesta 
 Tel: 703-902-2827 
 Fax: 703-902-2814 
  

 Email: jdepodesta@primustel.com 
 with a copy to: 
 Hogan & Hartson LLP 
 8300 Greensboro Drive 
 Suite 1100 
 McLean, Virginia 22102 
 Attention: Brian Lynch, Esq. 
 Tel: (703) 610-6165 
 Fax: (703) 610-6200 
 Email: bjlynch@hhlaw.com 
 (b) if to the Purchaser, at its address set forth on the signature page of the Agreement to which these Terms and Conditions for Purchase of Shares are
attached as Annex I, or at such other address or addresses as may have been furnished to the Company in writing. 
 7.
Changes. This Agreement may not be modified or amended except pursuant to an instrument in writing signed by the Company and the Purchaser and any third party beneficiary. 
 8. Headings. The headings of the various sections of this Agreement have been inserted for convenience of reference only and will not be
deemed to be part of this Agreement. 
 9. Severability. In case any provision contained in this Agreement should be invalid,
illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein will not in any way be affected or impaired thereby. 
 10. Governing Law. This Agreement will be governed by, and construed in accordance with, the internal laws of the State of New York, without
giving effect to the principles of conflicts of law that would require the application of the laws of any other jurisdiction. 
 11.
Counterparts. This Agreement may be executed in two or more counterparts, each of which will constitute an original, but all of which, when taken together, will constitute but one instrument, and will become effective when one or more
counterparts have been signed by each party hereto and delivered to the other parties. The Company and the Purchaser acknowledge and agree that the Company shall deliver its counterpart to the Purchaser along with the Prospectus Supplement (or
the filing by the Company of an electronic version thereof with the Commission). 
 12. Confirmation of Sale. The Purchaser
acknowledges and agrees that such Purchaser’s receipt of the Company’s counterpart to this Agreement, together with the Prospectus Supplement (or the filing by the Company of an electronic version thereof with the Commission), shall
constitute written confirmation of the Company’s sale of Shares to such Purchaser. 
 13. Termination. In the event that the
Placement Agreement is terminated by the Placement Agent pursuant to the terms thereof, this Agreement shall terminate without any further action on the part of the parties hereto. 
 14. Third Party Beneficiary. Except as expressly set forth in the second sentence of Section 5 hereof, nothing in this Agreement shall
create or be deemed to create any rights in any person or entity not a party to this Agreement. 
 15. Entire Agreement. This
Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, both oral and written, between the parties with respect to the subject matter
hereof and thereof. 

 EXHIBIT A 
 PURCHASER QUESTIONNAIRE 
 Pursuant to Section 3 of Annex I to the Agreement, please provide us with the following
information: 
  

	1.	The exact name that your Shares are to be registered in. You may use a nominee name if appropriate: 

  

	2.	The relationship between the Purchaser and the registered holder listed in response to item 1 above: 

  

	3.	The mailing address of the registered holder listed in response to item 1 above: 

  

	4.	The Social Security Number or Tax Identification Number of the registered holder listed in the response to item 1 above:

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