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                                                                    EXHIBIT 10.3

                     Amendment No. 2 dated December 23, 2004
                      (Termination of Employment Agreement)
                                       To
                  Employment Agreement dated November 12, 2002

         Amendment No. 2 (this "Amendment") dated December 23rd, 2004 to
Employment Agreement (the "Agreement") dated November 12, 2002 between EasyLink
Services Corporation ("EasyLink") and Gerald Gorman (the "Executive"), amended
previously on November 12, 2003.

         WHEREAS, the Company and the Executive desire to terminate the
Agreement on the terms and conditions set forth herein;

         NOW, THEREFORE, in consideration of the terms and conditions of that
certain Domain Portfolio Purchase Agreement of even date herewith, the Company
and the Executive hereby agree as follows:

1. The parties hereto hereby agree that, except as expressly set forth below,
the Agreement is terminated effective this even date herewith.

2. The following provisions of the Agreement, as previously amended, shall
survive this termination:

         a. Section 5 concerning "Confidentiality and Restrictive Covenants;"
         b. Section 6 concerning "Intellectual Property;" and
         c. Section 8 containing miscellaneous provisions.

         IN WITNESS WHEREOF, the Company and the Executive have executed this
Agreement as of the date first written above.

EXECUTIVE                          EASYLINK SERVICES CORPORATION

/s/Gerald Gorman                   By: /s/Thomas Murawski
--------------------------             ---------------------------------------
Gerald Gorman                      Name: Thomas Murawski
                                   Title: President & Chief Executive Officer<PAGE>

                                                                    EXHIBIT 10.4

         THIS SEVERANCE AGREEMENT (hereinafter the "Severance Agreement") made
this 23rd day of December, 2004, by and between GERALD GORMAN, an individual
with an address of 415 Bernardsville Road, Mendham, New Jersey 07945
(hereinafter "Gorman") and EASYLINK SERVICES CORPORATION, a Delaware corporation
with its principal place of business at 33 Knightsbridge Road, Piscataway, New
Jersey 08854 (hereinafter the "Corporation"). Gorman and the Corporation are
each a "Party" and together the "Parties."

         WHEREAS, Gorman is Chairman of the Board of Directors of the
Corporation; and

         WHEREAS, Gorman has resigned as Chairman and Director of the
Corporation this even date herewith; and

         WHEREAS, the Parties wish to ensure that Gorman's resignation does not
disrupt the operations of the Corporation;

         NOW THEREFORE, the Parties agree as follows:

1. Severance Payments

         Provided that Gorman has not revoked his acceptance of this Agreement
in accordance with Paragraph 16 hereof, the Corporation will pay severance to
Gorman in the amount of two hundred fifty thousand dollars ($250,000.00) payable
over a period of two (2) years (the "Severance Period") in accordance with the
Corporation's standard payroll procedures. Severance payments will be subject to
normal payroll taxes and deductions and will commence within two (2) weeks of
the expiration of the revocation period set forth in Paragraph 16.

2. Health Insurance

a.        Gorman shall continue to participate in the Corporation's group health
          plan for a period of six (6) months. During such period, each of the
          Corporation and Gorman shall continue to pay its or his monthly
          premium for Gorman's continued participation in the group health plan
          in accordance with the usual policy of the Corporation. During the
          initial six (6) month period, any increase to the Corporation's
          premium shall be borne by the Corporation and any increase to Gorman's
          premium shall be borne by Gorman.

b.        Following the initial six (6) months, Gorman shall elect continuation
          coverage under the Consolidated Omnibus Budget Reconciliation Act of
          1985 ("COBRA") for the standard COBRA period of eighteen (18) months.
          The Corporation shall pay Gorman's monthly COBRA premiums during such
          period up to the dollar amount paid by the Corporation at the
          conclusion of the initial six (6) month period and Gorman shall pay
          all amounts in excess thereof.

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         c. If, at any time during the Severance Period, Gorman would prefer to
         obtain private health insurance in lieu of participation in the
         Corporation's group health plan, the Corporation shall pay for the
         premiums for such private health insurance during the balance of the
         Severance Period, provided however that the Corporation shall not pay,
         in monthly premiums to the private insurer, an amount in excess of the
         monthly premium which the Corporation would otherwise be paying under
         subparagraph a. or b., above.

3. Options

         The vesting of options shall terminate upon the execution of this
Severance Agreement.

4. Life Insurance

         During the Severance Period, the Corporation shall continue to provide
Gorman with life insurance as provided immediately prior to the execution of the
Severance Agreement, provided however that the Corporation shall not pay any
premium for such insurance in excess of the premiums paid immediately prior to
the execution of this Severance Agreement.

5. 401(k) Plan

         Gorman's participation in the Corporation's 401(k) plan shall terminate
upon execution of this Severance Agreement and the Corporation shall provide
Gorman with information regarding roll-over rights.

6. Unused Vacation

         In accordance with the Corporation's usual practice, Gorman shall be
entitled to a lump sum payment, subject to normal payrolls taxes and deductions,
as payment for all vacation which Gorman has accrued, but not used, as of the
date hereof. Said payment shall be made within two (2) weeks of the expiration
of the revocation period set forth in Paragraph 16.

7. Office

         Gorman shall be entitled to use his office at the Corporation for a
period of four (4) months following the date of this Severance Agreement, during
which time the secretarial support services of the Corporation will continue to
be available to him.

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8. Return of Property

         Gorman agrees to immediately return to the Corporation all company
property, records, and files belonging to the Corporation which he has in his
possession including, but not limited to, all memoranda, notes, records,
reports, plans, forecasts, spreadsheets, and other documents in any form
whatsoever (including information contained in computer memory or any computer
disks, tapes, and other media) relating to the Corporation's business, which
Gorman obtained while employed by or otherwise servicing or acting on behalf of
the Corporation. Gorman further agrees to take all necessary actions, if
required by and at the cost of the Corporation, to vest such property rights in
the Corporation. Gorman may retain the Corporation's laptop computer once all
Corporation information has been removed.

9. Confidentiality

         Gorman agrees to maintain the confidentiality of all information
relating to the Corporation, including, but not limited to, the business,
finances, customers, trade practices, trade secrets, developments, methods and
know-how of the Corporation and agree not to disclose any such confidential
information to anyone, or to make any use of any such confidential information,
on his own behalf or on behalf of any third party, without the Corporation's
prior written consent.

10. Nondisparagement

         The Corporation and Gorman each agree that neither will make, nor cause
to be made, any statements, observations or opinions, or communicate any
information (whether oral or written) that disparages or is likely in any way to
harm the reputation of the other.

11. Remedies

         a. In the event the Corporation breaches this Severance Agreement,
         Gorman may only institute an action for specific enforcement of the
         terms of this Agreement and seek damages resulting from that breach.
         Gorman may not institute before any local or state administrative
         agency, or before any court, any proceeding based on any claims related
         to his employment with the Corporation or the termination of his
         employment with the Corporation as released herein. The prevailing
         party in any action to enforce this Severance Agreement will be
         entitled to an award of attorneys' fees and costs in addition to any
         other legal or equitable relief.

         b. Gorman agrees that any unauthorized disclosure to third parties of
         any such confidential information would cause irreparable damage to the
         trade secret status of such information, if applicable, and to the
         Corporation, and that, since the Corporation would have no adequate
         remedy at law, in the event such a disclosure or threatened disclosure
         is proven, the Corporation will be entitled to an injunction,
         prohibiting Gorman from any such disclosure or attempted disclosure.

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12. Release

         In consideration of the terms and conditions of this letter, which
constitute good and valuable consideration, Gorman

         a. Agrees that he is hereby acting of his own free will, voluntarily
         and on behalf of himself, his heirs, administrators, executors,
         successors and assigns, and

         b. Understands and agrees that this Severance Agreement is legally
         binding and that by signing it, he is giving up certain rights; and

         c. Releases the Corporation and its subsidiaries, parent, and
         affiliates, together with each of those entities' directors, officers,
         employees, shareholders, fiduciaries, administrators, and agents, and
         each of them (collectively the "Released Parties"), from any and all
         debts, obligations, claims, demands, judgments, or causes of action of
         any kind whatsoever, in tort, contract, by statute, or on any other
         basis, for compensatory, punitive, or other damages, expenses,
         reimbursements, or costs of any kind, including but not limited to any
         and all claims, demands, rights, and/or causes of action arising out of
         his employment, or the termination of his employment, with the
         Corporation or relating to purported employment discrimination or
         violations of civil rights, such as, but not limited to, those arising
         under Title VII of the Civil Rights Act of 1964, the Civil Rights Act
         of 1991, the Civil Rights Acts of 1866 and/or 1871, the Age
         Discrimination in Employment Act of 1967, the Older Workers Benefit
         Protection Act of 1990, the Americans with Disabilities Act of 1990,
         the Family and Medical Leave Act of 1993, the Fair Labor Standards Act,
         the National Labor Relations Act, the Worker Adjustment and Retraining
         Notification Act, Executive Order 11246, the Equal Pay Act of 1963, the
         Rehabilitation Act of 1973 (including Section 504 thereof), the
         Employee Retirement Income Security Act of 1974, the New Jersey Law
         Against Discrimination, N.J.S.A. 10:5-1 et. seq., (all as they may have
         been amended) or any other applicable federal, state, or local
         employment discrimination statute or ordinance or any other claim,
         whether statutory or based on common law, arising by reason of Gorman's
         employment, or the termination of his employment, with the Corporation,
         or relating in any way to his employment relationship with the
         Corporation or any of the other Released Parties, or by reason of any
         other matter, cause, or thing whatsoever, from the first date of
         Gorman's employment to the date of this Severance Agreement. This
         release specifically includes, but is not limited to, any claims based
         upon the right to the payment of wages, bonuses, vacation, pension
         benefits, stock benefits or any other employee benefits, or any other
         rights arising under federal, state or local laws prohibiting
         discrimination and/or harassment on the basis of age, race, color,
         religion, creed, sex, affectional or sexual orientation, national
         origin, ancestry, nationality, mental or physical disability, alienage
         or citizenship status, marital status, familial status, liability for
         service in the Armed Forces of the United States, atypical hereditary
         cellular or blood trait or any other genetic information, AIDS and HIV
         infection, harassment or any other basis prohibited by law, and

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         d. Represents that he has not filed against the Corporation or any of
         the other Released Parties, any complaints, charges or lawsuits with
         any governmental agency or any court prior to the date hereof.

13. Review Period

         Gorman shall have twenty-one (21) days from the date this Severance
Agreement is delivered to him to consider the terms detailed herein. By
executing this Severance Agreement, Gorman acknowledges that he has been given
this twenty-one (21) day period within which to consider this Severance
Agreement.

14. Consideration

         Gorman hereby acknowledges that the consideration he is receiving
hereunder and under that certain Domain Portfolio Purchase Agreement executed
this even date herewith is greater than he would otherwise have received had he
not signed this Severance Agreement and that the consideration thus received is
given in exchange for all of the provisions hereof.

15. Attorney Consultation

         Gorman has been advised by the Corporation to consult with an attorney
before signing this letter, and this Paragraph 15 constitutes such advice in
writing. By executing this Severance Agreement, Gorman acknowledges that he has
been advised by an attorney or has knowingly waived his right to be so advised.

16. Revocation Period

         For a period of seven (7) days following his execution of this
Severance Agreement, Gorman may revoke this letter by written notification to
the Corporation. The terms of this Severance Agreement shall not become
effective or enforceable until the seven (7) day revocation period has expired.

17. No Admission of Liability

         Gorman acknowledges that payment by the Corporation of the severance
payments described herein is not an admission of any liability whatsoever on the
part of Corporation in connection with Gorman's employment by the Corporation
and/or the termination of said employment.

18. Cooperation During Transition Period

         Gorman will fully cooperate with the Corporation following the date of
this Severance Agreement in order to assist the Corporation with the transition
of his duties from time to time. Such cooperation shall include, but not be
limited to, answering questions regarding the Corporation's business, customer
relationships, and items of a similar nature.

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19. Non-Disclosure

         Gorman agrees that the amounts paid to him, as well as the terms and
conditions set forth in this Severance Agreement, will be kept confidential by
him, and that he will not reveal the terms and conditions set forth in Severance
Agreement except in response to a valid subpoena or other legal process, or to
his professional advisors and immediate family members, provided that they are
made aware of this Non-Disclosure provision and agree to abide by it. Gorman
acknowledges that the terms and conditions of this Severance Agreement may be
disclosed by the Corporation in accordance with the requirements of applicable
law.

20. Entire Agreement

         This Severance Agreement constitutes the entire agreement between
Gorman and the Corporation concerning the subject matter herein and may not be
altered or modified except in writing signed by both parties. In the event of
any conflict between the terms of this Severance Agreement and the terms of
Gorman's employment agreement, the Corporation's stock option plan[s], or any of
Gorman's stock option grant agreements, the terms of this Severance Agreement
will govern. This Severance Agreement will be governed by the laws of the state
of New Jersey without reference to its choice of law rules.

         IN WITNESS WHEREOF, Gorman and the Corporation have hereunto set their
hands and seals on the date first written above.

ATTEST                                EASYLINK SERVICES CORPORATION

/s/ David Ambrosia                    /s/ Thomas Murawski
-----------------------------         -----------------------------------------
Name: David Ambrosia                  Name: Thomas Murawski
Title: EVP, GC and Secretary          Title: President & Chief Executive Officer

WITNESS                               ACCEPTED AND AGREED

/s/ Jennifer Saal                     /s/ Gerald Gorman
-----------------------------         -----------------------------------------
Name: Jennifer Saal                   Gerald Gorman

Date: December 23, 2004               Date: December 23, 2004

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