Document:

Unassociated Document

    Exhibit
      10.104

    

     

    
      	
              DATED
                15 AUGUST 2007

               

              DAN
                KIRSCHNER (1)

              and

              SWIFTNET
                LIMITED (2)

              and

              XFONE,
                INC. (3)

               

              SHARE
                PURCHASE AGREEMENT

            

    

     

    

    HOWARD
      KENNEDY

    19
      Cavendish Square

    London
      W1A 2AW

     

    DX
      42748 Oxford Circus North

    telephone  +44(0)20
      7636 1616

    fax
      +44 (0)20 7491 2899

    Ref
      : 007449/00010/H3143779.7

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    Contents

    Clause

     

    
      	
              1.            
                INTERPRETATION

            	
              1

            
	
              2.            
                SALE AND PURCHASE

            	
              2

            
	
              3.            
                PURCHASE CONSIDERATION

            	
              2

            
	
              4.            
                COMPLETION

            	
              2

            
	
              5.            
                WARRANTIES

            	
              3

            
	
              6.            
                PROTECTION OF GOODWILL

            	
              3

            
	
              7.            
                XFONE GUARANTEE

            	
              4

            
	
              8.            
                CONFIDENTIALITY AND ANNOUNCEMENTS

            	
              4

            
	
              9.            
                LATE PAYMENTS

            	
              4

            
	
              10.           FURTHER
                ASSURANCE

            	
              5

            
	
              11.           WHOLE
                AGREEMENT

            	
              5

            
	
              12.           COSTS

            	
              5

            
	
              13.           NOTICES

            	
              5

            
	
              14.           SEVERANCE

            	
              6

            
	
              15.           AGREEMENT
                SURVIVES COMPLETION

            	
              6

            
	
              16.           SUCCESSORS

            	
              6

            
	
              17.           CONTRACTS
                (RIGHTS OF THIRD PARTIES) ACT 1999

            	
              6

            
	
              18.           COUNTERPARTS

            	
              6

            
	
              19.           GOVERNING
                LAW AND JURISDICTION

            	
              6

            
	
              Schedule
                1                                Completion

            	
              7

            
	
              Schedule
                2                                Power
                of Attorney

            	
              8

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    THIS
      AGREEMENT is dated 15 August 2007

     

    PARTIES

     

    
      	
              (1)  

            	
              DAN
                KIRSCHNER of 18 Grimsdyke Crescent, Barnet,
                Hertfordshire EN5 4AG, United Kingdom
                (“Seller”).

            

    

     

    
      	
              (2)  

            	
              SWIFTNET
                LIMITED incorporated and registered in England and
                Wales with company number 02469394 whose registered office is at
                Britannia House, 960 High Road, London N12 9RY, United
                Kingdom (“Buyer”).

            

    

     

    
      	
              (3)  

            	
              XFONE,
                INC. a company incorporated under the laws of the State of
                Nevada, USA whose principal executive offices are at 2506 Lakeland
                Drive,
                Suite 100, Flowood, MS 39232, USA
                (“Xfone”).

            

    

     

    AGREED
      TERMS

     

    
      	1.    
              	INTERPRETATION

      	 	 

      	
              1.1  

            	
              The
                definitions and rules of interpretation in this clause apply in this
                Agreement.

            

    

     

    Business
      Days: means a day (other than Saturday, Sunday or public holiday) when
      banks in London are open for business.

     

    Buyer ́s
      Solicitors: HOWARD KENNEDY, 19 Cavendish Square,
      London, W1A 2AW, United Kingdom.

     

    Company:
      AURACALL LIMITED, a company incorporated and registered in England and Wales
      with company number 04308459 whose registered office is at c/o Ingle Shamash
      & Co, 12-13 Conduit Street, London W1S 2XQ, United Kingdom.

     

    Completion:
      completion of the sale and purchase of the Sale Shares in accordance with this
      Agreement.

     

    Completion
      Date: the date hereof.

     

    Compromise
      Agreement: means the agreed form compromise agreement that will be
      entered into by the Seller and the Company on today’s date.

     

    Deferred
      Consideration: means the sum of £304,000 together with
      Interest.

     

    Encumbrance:
      any interest or equity of any person (including any right to acquire, option
      or
      right of pre-emption) or any mortgage, charge, pledge, lien, assignment,
      hypothecation, security, interest, title, retention or any other security
      agreement or arrangement.

     

    Initial
      Consideration: means £500,000 payable in cash at Completion to the
      Seller's Solicitors.

     

    Intellectual
      Property Rights: means all Intellectual Property used, or required to
      be used, by the Company in, or in connection with its business and/or legally
      or
      beneficially owned by the Company.

     

    Interest:
      means the sum of £6,917.64.

     

    Management
      Team: means Angelina Pfeiffer, Serenna Siew and Eran
      Drory.

     

    Purchase
      Consideration: means the Initial
      Consideration and the Deferred Consideration to be paid by the Buyer to the
      Seller in accordance with clause 3.

     

    Sale
      Shares: the 987 ordinary shares of £1 each in the
      Company, all of which have been issued and are fully paid, beneficially owned
      by
      Seller.

     

    Seller's
      Solicitors:  SHERMAN PHILIPS of 90 Mill
      Lane, London, NW5 1NL, United Kingdom.

     

    
      	
              1.2  

            	
              Clause
                and schedule headings do not affect the interpretation of this
                Agreement.

            

    

     

    
      	
              1.3  

            	
              Words
                in the singular include the plural and in the plural include the
                singular.

            

    

     

    
      	
              1.4  

            	
              A
                reference to one gender includes a reference to the other
                gender.

            

    

     

    
      	
              1.5  

            	
              References
                to clauses and schedules are to the clauses and schedules of this
                Agreement; references to paragraphs are to paragraphs of the relevant
                schedule.

            

    

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

     

    
      
        	
                2.  

              	
                SALE
                  AND
                  PURCHASE

              

      

    

     

    On
      the
      terms of this Agreement, the Seller shall sell and the Buyer shall buy, with
      effect from Completion, the Sale Shares with full title guarantee, free from
      all
      Encumbrances and together with all rights that attach (or may in the future
      attach) to them including, in particular, the right to vote and the right to
      receive all dividends and distributions declared, made or paid on or after
      the
      date of this Agreement.

     

    
      	
              3.  

            	
              PURCHASE
                CONSIDERATION

            

    

     

    
      	
              3.1  

            	
              The
                Purchase Consideration is payable on Completion and in
                accordance with clause 3.2.

            

    

     

    
      	
              3.2  

            	
              The
                Buyer shall pay:

            

    

     

    
      	
              3.2.1  

            	
              the
                Initial Consideration on Completion;
                and

            

    

     

    
      	
              3.2.2  

            	
              the
                Deferred Consideration by telegraphic transfer to the Seller’s Solicitors
                (who are irrevocably authorised by the Seller to receive the same)
                on the
                following dates and in the following amounts (each individually an
                “Instalment Payment” and together the “Instalment
                Payments”):

            

    

     

    
      	
              No.

            	
              Date

            	
              Amount
                of Instalment Payment (£)

            
	
              1

            	
              28
                September 2007

            	
              45,677.34

            
	
              2

            	
              31
                October 2007

            	
              44,842.08

            
	
              3

            	
              30
                November 2007

            	
              44,499.41

            
	
              4

            	
              31
                December 2007

            	
              44,313.80

            
	
              5

            	
              31
                January 2008

            	
              44,092.49

            
	
              6

            	
              29
                February 2008

            	
              43,842.63

            
	
              7

            	
              31
                March 2008

            	
              43,649.88

            
	
              TOTAL

            	
              310,917.64

            

    

    

     

    
      	
              4.  

            	
              COMPLETION

            

    

     

    
      	
              4.1  

            	
              Completion
                shall take place at the offices of Buyer’s Solicitors on 15 August 2007 or
                such later date as the parties may agree in
                writing.

            

    

     

    
      	
              4.2  

            	
              At
                Completion the Seller shall:

            

    

     

    
      	
              4.2.1  

            	
              deliver
                or cause to be delivered the documents and evidence set out in Part
                1 of
                Schedule 1; and

            

    

     

    
      	
              4.2.2  

            	
              deliver
                any other documents referred to in this Agreement as being required
                to be
                delivered by the Seller.

            

    

     

    
      	
              4.3  

            	
              At
                Completion the Buyer shall pay the Initial Consideration to the Seller's
                Solicitors (who are irrevocably authorised by the Seller to receive
                the
                same).

            

    

     

    
      	
              4.4  

            	
              As
                soon as possible after Completion the Seller shall send to the Buyer
                (at
                the Buyer’s registered office for the time being) all records,
                correspondence, documents, files, memoranda and other papers relating
                to
                the Company not required to be delivered at
                Completion.

            

    

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

     

    
      	
              5.  

            	
              WARRANTIES

            

    

     

    
      	
              5.1  

            	
              The
                Buyer and Xfone are entering into this Agreement on the basis of,
                and in
                reliance on, the following
                warranties:

            

    

     

    
      	
              5.1.1  

            	
              the
                Seller is the sole legal and beneficial owner of the Sale
                Shares;

            

    

     

    
      	
              5.1.2  

            	
              the
                Sale Shares are free from all Encumbrances and no commitment has
                been
                given to create an Encumbrance affecting the Sale Shares;
                and

            

    

     

    
      	
              5.1.3  

            	
              there
                are no agreements or arrangements in force, other than this Agreement,
                which grant to any person or entity the right to call for the issue,
                allotment or transfer of any share or loan capital of the
                Company.

            

    

     

    
      	
              6.  

            	
              PROTECTION
                OF
                GOODWILL

            

    

     

    
      	
              6.1  

            	
              For
                the purpose of this Clause 6, the following terms shall have the
                following
                meanings:

            

    

     

    
      	
              6.1.1  

            	
              Relevant
                Period shall mean the period of 12 months prior to the date of execution
                of this Agreement.

            

    

     

    
      	
              6.1.2  

            	
              Restricted
                Business shall mean the business of providing international low cost
                telecommunication (including, but not limited to calls from land
                lines,
                calls from mobile phones, conference facilities and the provision
                of a fax
                carrier service) for residential and/or business
                customers.

            

    

     

    
      	
              6.1.3  

            	
              Restricted
                Territories shall mean any territory that the Seller conducted Restricted
                Business for the Company during the Relevant
                Period.

            

    

     

    
      	
              6.2  

            	
              The
                Seller undertakes to the Buyer that without the written consent of
                the
                Buyer:-

            

    

     

    
      	
              6.2.1  

            	
              for
                a period of 3 years from Completion he will not in any capacity whatsoever
                directly or indirectly carry on or assist in carrying on or be engaged,
                concerned or interested in any activity or undertaking which is the
                same
                as, substantially similar to, or competes directly or indirectly
                with the
                business of the Company within the Restricted Territories in relation
                to
                the Restricted Business; and

            

    

     

    
      	
              6.2.2  

            	
              for
                a period of 3 years from Completion he will not for the purpose of
                any
                business supplying services competing with the Restricted Business
                canvass, solicit or endeavour to entice away from the Company any
                person
                who during the Relevant Period has been a customer of the Company
                or has
                employed its services or who has been canvassed by the Company (otherwise
                than by general advertising) with a view to becoming a customer of
                the
                Company; and

            

    

     

    
      	
              6.2.3  

            	
              for
                a period of 3 years from Completion he will not canvass, solicit
                or endeavour to entice away from the Company, employ or offer employment
                to, or employ or engage any employee, who is a member of the Management
                Team and who is employed at the date of this Agreement and/or at
                Completion nor do any act or thing likely to have the effect of causing
                any such employee to terminate his employment with the Company whether
                or
                not such employee would thereby breach his contract of employment;
                and

            

    

     

    
      	
              6.2.4  

            	
              he
                will not at any time in connection with any business carried on by
                him or
                otherwise howsoever use directly or indirectly or authorise any person
                to
                use directly or indirectly any of the Intellectual Property Rights
                including any of the names or words "AURACALL" or any
                names or words similar to or likely to be confused with them or use
                any
                distinctive mark, style or logo used by the Company or any mark,
                style or
                logo similar to or likely to be confused with them in any manner
                which is
                likely to or may result in confusion between or other association
                with the
                business, goods, services or other activities of the Company including
                by
                using the name "AURACALL" as part of a corporate name,
                trade name or otherwise.

            

    

     

    
      	
              6.3  

            	
              Nothing
                in Clause 6 shall prevent the Seller from owning not more than 3%
                of any
                class of the issued share capital of a company which is dealt in
                on a
                recognised investment exchange (as defined in the Financial Services
                and
                Markets Act 2000), provided that nothing in this sub-clause shall
                apply to
                any shares held by the Seller in
                Xfone.

            

    

     

    
      	
              6.4  

            	
              The
                Seller has taken independent legal advice and acknowledges that he
                considers the undertakings contained in Clause 6 reasonable and necessary
                for the proper protection of the business of the Company and further
                acknowledges that damages would not be an adequate remedy for breach
                of
                such undertakings.

            

    

     

    
      	
              6.5  

            	
              Each
                of the undertakings contained in Clause 6 is separate and severable
                and
                shall be construed on that basis. In the event that any of such
                undertakings is found to be void but would be valid if some part
                of it
                were deleted or if the period or extent of it were reduced such
                undertaking shall apply with such modification as may be necessary
                to make
                it valid and effective.

            

    

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    
      	
              7.  

            	
              XFONE
                GUARANTEE

            

    

     

    
      	
              7.1  

            	
              In
                consideration of the Seller entering into this Agreement, Xfone hereby
                guarantees to the Seller that the Buyer will fully comply with all
                of its
                obligations hereunder.

            

    

     

    
      	
              7.2  

            	
              Without
                prejudice to the generality of the foregoing, Xfone guarantees to
                the
                Seller the due and punctual payment by the Buyer of the Deferred
                Consideration payable under this Agreement and any interest or other
                payments due as a result of any breach or
                default.

            

    

     

    
      	
              7.3  

            	
              The
                giving of time to the Buyer or the neglect or forbearance of the
                Seller in
                requiring or enforcing payment of any monies or interest due under
                this
                Agreement shall not in any way prejudice or affect the guarantee
                or
                obligations of Xfone under this
                clause.

            

    

     

    
      	
              7.4  

            	
              Xfone
                is to be considered a principal debtor for all sums guaranteed to
                be paid
                hereunder and shall not be entitled to exercise any right of set
                off or
                counterclaim against the Seller in relation to any monies due
                hereunder.

            

    

     

    
      	
              8.  

            	
              CONFIDENTIALITY
                AND ANNOUNCEMENTS

            

    

     

    
      	
              8.1  

            	
              Except
                so far as may be required by law, without the prior written consent
                of the
                Buyer, the Seller shall not at any time disclose to any person, or
                use to
                the detriment of the Company this Agreement or any trade secret or
                other
                confidential information which it holds in relation to the Company
                and its
                affairs.

            

    

     

    
      	
              8.2  

            	
              The
                Buyer confirms to the Seller to keep confidential the terms of this
                Agreement and all information that it has acquired about the Seller
                and to
                use the information only for the purposes contemplated by this
                Agreement.

            

    

     

    
      	
              8.3  

            	
              No
                party shall make any announcement relating to this Agreement or its
                subject matter without the prior written approval of the other
                party.

            

    

     

    
      	
              8.4  

            	
              The
                restrictions in clauses 8.1, 8.2 and 8.3 shall not apply to the Buyer
                or
                Xfone to the extent that:

            

    

     

    
      	
              8.4.1  

            	
              an
                announcement is required by law, by any stock exchange or any regulatory
                or other supervisory body or authority of competent jurisdiction,
                whether
                or not the requirement has the force of law;
                and/or

            

    

     

    
      	
              8.4.2  

            	
              it
                relates to the press announcement that the parties have agreed to
                make, in
                the agreed form, to be made promptly after the signing of this
                Agreement.

            

    

     

    
      	
              9.  

            	
              LATE
                PAYMENTS

            

    

     

    
      	
              9.1  

            	
              If
                the Buyer defaults in the payment when due of any sum payable under
                this
                Agreement, the liability shall be increased to include interest on
                the
                balance of such sum outstanding from time to time from the date when
                such
                payment is due until the date of actual payment at a rate per annum
                of 3%
                above the base rate from time to time of The Royal Bank of Scotland
                plc.
                Such interest shall accrue on a daily
                basis.

            

    

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    
      	
              10.  

            	
              FURTHER
                ASSURANCE

            

    

     

    The
      Seller shall (at its expense) promptly execute and deliver all such documents,
      and do all such things, as the Buyer may from time to time reasonably require
      for the purpose of giving full effect to the provisions of this
      Agreement.

     

    
      	
              11.  

            	
              WHOLE
                AGREEMENT

            

    

     

    
      	
              11.1  

            	
              This
                Agreement, and any documents referred to in it, constitute the whole
                agreement between the parties and supersede any arrangements,
                understandings or previous agreements between them relating to the
                subject
                matter they cover.

            

    

     

    
      	
              11.2  

            	
              Nothing
                in this Clause 11 operates to limit or exclude any liability for
                fraud.

            

    

     

    
      	
              12.  

            	
              COSTS

            

    

     

    Unless
      otherwise provided, all costs in connection with the negotiation, preparation,
      execution, and performance of this Agreement and any documents referred to
      in
      it, shall be borne by the party that incurred the costs.

     

    
      	
              13.  

            	
              NOTICES

            

    

     

    
      	
              13.1  

            	
              Any
                notice or other communication required to be given under this Agreement
                or
                in connection with the matters contemplated by it shall, except where
                otherwise specifically provided, be in writing in the English language
                and
                shall be addressed as provided in clause 13.2 and may
                be:

            

    

     

    
      	
              13.1.1  

            	
              personally
                delivered, in which case it shall be deemed to have been given upon
                delivery at the relevant address;

            

    

     

    
      	
              13.1.2  

            	
              if
                within the United Kingdom, sent by first class pre-paid post, in
                which
                case it shall be deemed to have been given 2 Business Days after
                the date
                of posting;

            

    

     

    
      	
              13.1.3  

            	
              if
                from or to any place outside the United Kingdom, sent by pre-paid
                priority
                airmail, in which case it shall be deemed to have been given 7 Business
                Days after the date of posting; or

            

    

     

    
      	
              13.1.4  

            	
              sent
                by fax, in which case it shall be deemed to have been given when
                despatched, subject to confirmation of uninterrupted transmission
                by a
                transmission report provided that any notice despatched after 17:00
                hours
                (at the place where such fax is to be received) on any day shall
                be deemed
                to have been received at 09:00 on the next Business
                Day.

            

    

     

    
      	
              13.2  

            	
              The
                addresses and other details of the parties
                are:

            

    

     

    
      
        	
                        13.2.1  For
                  the Buyer:

                 

              	
                John
                  Burton

                 

              
	
                        13.2.2  Address:

              	
                Britannia
                  House, 960 High Road, London

              
	 	
                N12
                  9RY, United Kingdom

              
	 	 
	
                        13.2.3  Fax
                  number:

                 

              	
                020
                  8446 7010

                 

              
	
                        13.2.4  For
                  Xfone:

                 

              	
                Guy
                  Nissenson

                 

              
	
                        13.2.5  Address:

              	
                2506
                  Lakeland Drive, Suite 100, Flowood, MS

              
	 	
                39232,
                  USA

              
	 	 
	
                        13.2.6  Fax
                  number:

                 

              	
                00
                  972 39238838

                 

              
	
                        13.2.7  For
                  the Seller:

                 

              	
                Dan
                  Kirschner c/o Ken Shaw

                 

              
	
                        13.2.8  Address:

              	
                Sherman
                  Philips of 90 Mill Lane, London, NW5

              
	 	
                1NL,
                  United Kingdom

              
	 	 
	
                        13.2.9  Fax
                  number:

                 

              	
                020
                  7794 9906

                 

              

      

       

    

    
      	
              13.3  

            	
              Any
                party to this Agreement may notify the other parties of any change
                to its
                address or other details specified in clause 13.2 provided that such
                notification shall only be effective on the date specified in such
                notice
                or 5 Business Days after the notice is given, whichever is the
                later.

            

    

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

     

    
      	
              14.  

            	
              SEVERANCE

            

    

     

    
      	
              14.1  

            	
              If
                any provision of this Agreement (or part of a provision) is found
                by any
                court or administrative body of competent jurisdiction to be invalid,
                unenforceable or illegal, the other provisions shall remain in
                force.

            

    

     

    
      	
              14.2  

            	
              If
                any invalid, unenforceable or illegal provision would be valid,
                enforceable or legal if some part of it were deleted, the provision
                shall
                apply with whatever modification is necessary to give effect to the
                commercial intention of the
                parties.

            

    

     

    
      	
              15.  

            	
              AGREEMENT
                SURVIVES
                COMPLETION

            

    

     

    This
      Agreement (other than obligations that have already been fully performed)
      remains in full force after Completion.

     

    
      	
              16.  

            	
              SUCCESSORS

            

    

     

    The
      rights and obligations of the Seller and the Buyer under this Agreement shall
      continue for the benefit of, and shall be binding on, their respective
      successors and assigns.

     

    
      	
              17.  

            	
              CONTRACTS
                (RIGHTS OF THIRD PARTIES) ACT
                1999

            

    

     

    A
      person
      who is not a party to this Agreement shall have no rights under the Contracts
      (Rights of Third Parties) Act 1999 to rely upon or enforce any term of this
      Agreement provided that this does not affect any right or remedy of the third
      party which exists or is available apart from that Act.

     

    
      	
              18.  

            	
              COUNTERPARTS

            

    

     

    This
      Agreement may be executed in any number of counterparts, each of which is an
      original and which together have the same effect as if each party had signed
      the
      same document.

     

    
      	
              19.  

            	
              GOVERNING
                LAW AND
                JURISDICTION

            

    

     

    
      	
              19.1  

            	
              This
                Agreement and any disputes or claims arising out of or in connection
                with
                its subject matter are governed by and construed in accordance with
                the
                law of England.

            

    

     

    
      	
              19.2  

            	
              The
                parties irrevocably agree that the courts of England have exclusive
                jurisdiction to settle any dispute or claim that arises out of or
                in
                connection with this Agreement.

            

    

     

    This
      Agreement has been entered into on the date stated at the beginning of
      it.

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

     

    Schedule
      1 Completion

     

    
      	
               

            	
              Part
                1.What the Seller shall deliver to the Buyer at
                Completion

            

    

     

    
      	
              1.  

            	
              At
                Completion, the Seller shall deliver or cause to be
                delivered to the Buyer the following documents and
                evidence:

            

    

     

    
      	
              1.1  

            	
              transfers
                of the Sale Shares executed by the Seller in favour of the
                Buyer;

            

    

     

    
      	
              1.2  

            	
              the
                share certificates for the Sale Shares in the name of the Seller or
                an indemnity in the agreed form for any lost
                certificates;

            

    

     

    
      	
              1.3  

            	
              in
                relation to the Company, the statutory registers and minute books
                (written
                up to the time of Completion), certificate of incorporation and any
                certificates of incorporation on change of
                name;

            

    

     

    
      	
              1.4  

            	
              the
                written resignations of Dan Kirschner and Ron Kirschner as directors
                of
                the Company and Arnold Lionel De Vries as company secretary, executed
                as a
                deed and in a form acceptable to the
                Buyer.

            

    

     

    
      	
              1.5  

            	
              the
                executed Compromise Agreement in the agreed form, confirming the
                Seller’s
                employment by the Company will terminate on the date of this
                Agreement.

            

    

     

    
      	
              1.6  

            	
              the
                executed power of attorney in the form set out in Schedule 2 executed
                by
                the Seller.

            

    

     

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

     

    Schedule
      2 Power of Attorney 

     

    

     

    POWER
      OF ATTORNEY

     

    THIS
      POWER OF ATTORNEY is made the day
      of        2007 by DAN
      KIRSCHNER (the “Seller”) of 18 Grimsdyke Crescent,
      Barnet, Hertfordshire, EN5 4AG.

    

    WHEREAS:

    (A)           The
      Seller is the registered holder of 987 ordinary shares of £1 each (the
“Shares”) in the capital of Auracall Limited (the
“Company”).

    (B)           By
      an agreement dated 15 August 2007 (the “Share Purchase
      Agreement”) made between the Seller and Swiftnet Limited (the
“Buyer”), the Seller agreed to sell the Shares to the
      Buyer.

    (C)           To
      secure the interest of the Buyer in the Shares, the Seller has agreed to appoint
      the Buyer as its attorney on the terms set out in this power of
      attorney.

    

    NOW
      THIS DEED WITNESSETH as follows:

    

    
      	
              1  

            	
              Unless
                otherwise specified:

            

    

     

    
      	
               

            	
              (a)

            	
              the
                rule known as the ejusdem generis rule shall not apply and
                accordingly general words introduced by the word “other” shall not be
                given a restrictive meaning by reason of the fact that they are preceded
                by words indicating a particular class of acts, matters or things;
                and

            

    

    

    
      	
               

            	
              (b)

            	
              general
                words shall not be given a restrictive meaning by reason of the fact
                that
                they are followed by particular examples intended to be embraced
                by the
                general words.

            

    

    

    
      	
              2  

            	
              To
                secure the interest of the Buyer in the Shares, the Seller irrevocably
                and
                by way of security appoints the Buyer as its attorney with authority
                on
                its behalf and in its name or otherwise to exercise all rights, powers
                and
                privileges attaching to the Shares or otherwise capable of being
                exercised
                by the registered holder of the Shares and for such purpose to do
                all such
                acts and things and to execute all such deeds and other documents
                as the
                Buyer shall consider necessary or desirable pending registration
                of the
                Shares into the name of the Buyer (or some other person nominated
                by the
                Buyerr) including all or any of the following (in each case in such
                manner
                and on such terms as the Buyer in its absolute discretion shall think
                fit):

            

    

     

    
      	
              2.1  

            	
              to
                attend, participate in and direct the exercise of any voting rights
                attaching to the Shares at any general meeting, class meeting or
                other
                meeting at which such rights are capable of being
                exercised;

            

    

     

    
      	
              2.2  

            	
              to
                approve, complete, or otherwise sign or execute any requisition of
                any
                meeting, consent to short notice, proxy, written resolution, agreement
                of
                the members of the Company (or any of them) or other document capable
                of
                being signed by the registered holder of the
                Shares;

            

    

     

    
      	
              2.3  

            	
              to
                sell, transfer, exchange or otherwise dispose of all or any of the
                Shares
                and for this purpose to enter into any contract for such sale or
                disposition on such terms (including the giving of such warranties
                and
                indemnities) and subject to such conditions as the Buyer may in its
                absolute discretion think fit;

            

    

     

    
      	
              2.4  

            	
              to
                receive or authorise the receipt of the consideration for a sale
                or
                disposition of all or any of the Shares and to execute any transfer,
                renunciation or other document as the Buyer may consider necessary
                or
                desirable for selling, transferring, exchanging or otherwise disposing
                of
                the Shares or any interest in the Shares or arising out of the
                Shares;

            

    

     

    
      	
              2.5  

            	
              to
                agree to any compromise or arrangement affecting the Shares and to
                use any
                lawful means that may appear to the Buyer necessary or desirable
                in order
                to safeguard the interests, or enforce the rights, of the registered
                holder of the Shares; and

            

    

     

    
      	
              2.6  

            	
              to
                sign, endorse or otherwise execute all receipts, dividend and interest
                warrants, cheques, releases, discharges or other deeds or documents
                whatsoever that the Buyer may consider necessary or desirable in
                the
                circumstances.

            

    

     

    
      	
              3  

            	
              The
                Seller hereby undertakes not to exercise any of the rights, powers
                and
                privileges attaching to the Shares or otherwise capable of being
                exercised
                by the registered holder of the Shares or conferred on the Buyer
                by this
                power of attorney without the consent of the
                Buyer.

            

    

     

    
      	
              4  

            	
              The
                Buyer shall with the prior written consent of the Seller, have the
                power
                to appoint and remove a substitute (who shall not have the power
                of
                substitution) and to act concurrently with a
                substitute.

            

    

     

    
      	
              5  

            	
              The
                Seller hereby undertakes that it
                shall:

            

    

     

    
      	
              5.1  

            	
              hold
                the Shares upon trust for the Buyer as beneficial
                owner.

            

    

     

    
      	
              5.2  

            	
              account
                to the Buyer for all dividends, interest, bonuses, distributions
                or other
                sums whatsoever paid to the Seller in respect of the Shares;
                and

            

    

     

    
      	
              5.3  

            	
              deliver
                to the Buyer any notice, letter or other document of any nature whatsoever
                relating to the Shares as soon as reasonably practicable after receipt
                of
                the same.

            

    

     

    
      	
              6  

            	
              This
                appointment is irrevocable until the expiration of the earlier of
                the date
                falling two months from the date hereof or the date on which the
                Buyer is
                entered in the register of members of the Company, after which it
                shall be
                deemed to be revoked and shall lapse and cease to be of any
                effect.

            

    

     

    
      	
              7  

            	
              This
                power of attorney is to be governed by and construed in accordance
                with
                English law.

            

    

     

    
      	
              8  

            	
              The
                courts of England are to have exclusive jurisdiction to settle any
                dispute
                arising out of or in connection with this power of
                attorney.  Any proceeding, suit or action arising out of or in
                connection with this power of attorney (“Proceedings”) may be brought in
                the English courts.

            

    

     

    
      	
              9  

            	
              The
                Buyer and the Seller both irrevocably submit and agree to submit
                to the
                jurisdiction of the English courts in which Proceedings may be brought
                in
                accordance with this clause.

            

    

     

    IN
      WITNESS of which this power of attorney has been executed and delivered
      as a deed on the date which appears on page 1 above.

    

    
      	
              Executed
                as a deed by

              DAN
                KIRSCHNER

              In
                the presence of:

            	
              )

              )

              )

               

            	
               

               

               

            
	 	 	DAN
              KIRSCHNER
	
              Signature
                of Witness

               

               

            	 	
               

               

               

            
	
              Name
                of Witness

            	 	
               

               

               

            
	
              Address
                of Witness

            	 	
               

               

                

            
	
              Occupation

            	 	
               

               

               

            

    

    

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

    

    

    
      	
              Signed
                as a deed by

              DAN
                KIRSCHNER

              in
                the presence of

               

               

            	
               

              /s/
                Dan Kirschner

              DAN
                KIRSCHNER

              .......................................

              Dan
                Kirschner

               

              /s/
                Kenneth Shaw

              .................................

              Signature
                of Witness

               

               

              KENNETH
                SHAW

              Name
                of Witness

               

               

              90
                MILL LANE LONDON
                NW6 1W2

               UNITED
                KINGDOM

              Address
                of Witness

               

               

              SOLICITOR

              Occupation

            
	
               

              Signed
                as a deed by

              SWIFTNET
                LIMITED

              acting
                by two directors or

              a
                director and secretary

            	
               

              /s/
                Abraham Keinan

              ABRAHAM
                KEINAN

              .......................................

              Director

               

              /s/
                John Burton

              JOHN
                BURTON

              .................................

              Director
                

            

    

    

    
      	
              Signed
                as a deed by

              XFONE,
                INC.

               

            	
               

              /s/
                Abraham Keinan

              ABRAHAM
                KEINAN

              .......................................

              Chairman
                of the Board

               

              /s/
                Guy Nissenson

              GUY
                NISSENSON

              .......................................

              President
                and C.E.O.

            

    

    

    
      
        
        

      

      
        -9-Unassociated Document

    Exhibit
      10.105

    

     

    

    
      	
              DATED
                15 AUGUST 2007

               

              AURACALL
                LIMITED (1)

              -
                and -

              SWIFTNET
                LIMITED (2)

              ____________________________

               

              INTER
                COMPANY LOAN AGREEMENT

              ____________________________

            

    

    

    
 

    HOWARD
      KENNEDY

    19
      Cavendish Square

    London
      W1A 2AW

     

    DX
      42748 Oxford Circus North

    telephone  +44(0)20
      7636 1616

    fax
      +44 (0)20 7491 2899

    Ref
      : 007449/00010/H3146099.3

     

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

     

    THIS
      AGREEMENT is made the 15 August 2007

    

    BETWEEN:

    

    
      	
              (1)

            	
              AURACALL
                LIMITED a company incorporated and registered in England and
                Wales with company number 04308459 and whose registered office address
                is
                c/o Ingle Shamash & Co, 12-13 Conduit Street, London W1S 2XQ, United
                Kingdom (the “Lender”);
                and

            

    

    

    
      	
              (2)

            	
              SWIFTNET
                LIMITED a company incorporated and registered in England and
                Wales with company number 02469394 whose registered office is at
                Britannia
                House, 960 High Road, London N12 9RY, United Kingdom (the
                “Borrower”)

            

    

    

    WHEREAS

    

    The
      Lender has agreed to lend the sum of the Loan to the Borrower for the sole
      purpose of and in connection with the Borrower acquiring the 987 ordinary shares
      of the Lender held by Dan Kirschner pursuant to the share purchase agreement
      to
      be entered into between Dan Kirschner (1), Swiftnet Limited (2) and Xfone,
      Inc.
      (3) on the date hereof.

    

    IT
      IS HEREBY AGREED AS FOLLOWS:

    

    
      	
              1.

            	
              The
                Lender will make available the sum of £850,000 (the
                “Loan”) to the Borrower for the purpose specified in
                the
                recitals above.

            

    

    

    
      	
              2.

            	
              Unless
                otherwise agreed between the Lender and the Borrower, the Loan shall
                be
                unsecured and repayable on demand but shall be repaid in any event
                no
                later than 15 August 2012 (the “Final Repayment
                Date”).

            

    

    

    
      	
              3.

            	
              The
                Loan shall bear interest at a fixed rate of 5% per annum (the
                “Rate") calculated and payable in
                arrears.

            

    

    

    
      	
              4

            	
              Interest
                on the outstanding balance will be calculated and accrue on a daily
                365
                day year basis at the Rate and will be added to the balance of the
                Loan
                and compound on each anniversary of drawdown of the Loan. On repayment
                of
                the Loan interest will be calculated from the last date that interest
                was
                added to the Loan to the date of repayment.  The Borrower is not
                required to pay the interest on an ongoing basis and the accrued
                interest
                is to be repaid on repayment of the Loan following a demand being
                made in
                accordance with the provisions of Clause 2 or on the Final Repayment
                Date.

            

    

    

    
      	
              5.

            	
              The
                Borrower may voluntarily repay the Loan at any time in full or in
                part
                without charge or penalty.  Any such repayments may not be
                redrawn.

            

    

    

    
      	
              6.

            	
              All
                and any payments of the Loan are to be made by the Borrower without
                set
                off or counterclaim and free and clear of any and all deductions,
                including (without limitation) withholding taxes.  If the
                Borrower is compelled by law or regulations to deduct any such amount
                the
                amount payable hereunder will be automatically increased so that
                the net
                amount after allowing for such deduction would be equal to the amount
                which would have been payable if no such deduction had
                arisen.

            

    

    

    
      	
              7.

            	
              All
                legal costs and fees, together with all other costs and expenses
                incurred
                by the Lender in the arrangement of the Loan, during its term or
                in
                obtaining repayment thereof, shall be for the account of the Borrower
                and
                shall be paid by the Borrower on
                demand.

            

    

    

    
      	
              8.

            	
              No
                term of this Agreement shall be enforceable by virtue of the Contracts
                (Rights of Third Parties) Act 1999 by any person who is not a party
                to
                this Agreement.

            

    

    

    
      	
              9.

            	
              This
                Agreement is governed by the laws of England and Wales and the parties
                submit to the exclusive jurisdiction of the High Court of England
                and
                Wales.

            

    

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS whereof this Agreement has been executed by the parties on the
      day and year first before written.

     

    
      
        	
                Signed
                  as a DEED by

              	
                )

              	 
	
                AURACALL
                  LIMITED

              	
                )

              	 
	
                acting
                  by two directors or a director and

              	
                )

              	
                /s/
                  Abraham Keinan

              
	
                secretary

              	
                )

              	
                ABRAHAM
                  KEINAN

              
	 	
                 

              	....................................
	 	
                 

              	Director
	 	 	 
	 	
                 

              	/s/
                John Burton
	 	
                 

              	JOHN
                BURTON
	 	
                 

              	 ....................................
	 	
                 

              	Director
	 	 	 
	
                Signed
                  as a DEED by

              	
                )

              	 
	
                SWIFTNET
                  LIMITED

              	
                )

              	 
	
                acting
                  by two directors or a director and

              	
                )

              	
                /s/
                  Abraham Keinan

              
	
                secretary

              	
                )

              	
                ABRAHAM
                  KEINAN

              
	 	
                 

              	 ....................................
	 	
                 

              	 Director
	 	 	 
	 	
                 

              	 /s/
                John Burton
	 	
                 

              	 JOHN
                BURTON
	 	
                 

              	 ....................................
	 	
                 

              	Director

      

     

    
      
        
        

      

      
        -3-

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