Document:

JEFFREY
      I. WERBER

    8750
      Venice Blvd.

    Los
      Angeles, CA 90034

     

    
      
        

      

    

    

    August
      13, 2007

    

    Mr.
      Philip M. Cohen, Chairman

    Medical
      Media Television, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      FL
      33634

    

    Dear
      Phil:

    

    Please
      consider this letter my resignation as a member of the Board of Directors of
      Medical Media Television, Inc. effective this date. My resignation was not
      the
      result of a disagreement with the Company on any matter relating to the
      Company’s operations, policies, or practices. 

    

    Sincerely,

    
      	 	 	 	 
	 	 	 	 
	
              /s/
                Jeffrey I. Werber

            	 	 	
            
	
              

              Jeffrey
                I. WerberCHARLES
      V. RICHARDSON

    6709
      La Tijera Blvd., Suite 399

    Los
      Angeles, CA 90045

     

    
      
        

      

    August
      13, 2007

     

    Mr.
      Philip M. Cohen, Chairman

    Medical
      Media Television, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      FL
      33634

    

    Dear
      Phil:

    

    Please
      consider this letter my resignation as a member of the Board of Directors of
      Medical Media Television, Inc. effective this date. My resignation was not
      the
      result of a disagreement with the Company on any matter relating to the
      Company’s operations, policies, or practices. 

    

    Sincerely,

     

    
      	 	 	 	 
	
              /s/
                Charles V. Richardson

            	 	 	
            
	
              

              Charles
                V. RichardsonPHILIP
      M. COHEN

    17324
      Whirley Rd.

    Lutz,
      FL 33558

     

    
      

    

     

    August
      13, 2007

     

    Board
      of
      Directors

    Medical
      Media Television, Inc.

    8406
      Benjamin Road, Suite C

    Tampa,
      FL
      33634

    

    Gentlemen:

    

    Please
      consider this letter my resignation as a Chairman of the Board, President,
      and
      Chief Executive Officer of Medical Media Television, Inc. effective this date.
      My resignation was not the result of a disagreement with the Company on any
      matter relating to the Company’s operations, policies, or practices.

    

    Sincerely,

     

    
      	 	 	 	 
	
              /s/
                Philip M. Cohen

            	 	 	
            
	
              

              Philip
                M. CohenUnassociated Document

     

    
      
        	
                No.:
                  

              	
                 

              
	
                 

                Name: 

              	
                 

              
	
                 

                Number
                  of Units Subscribed for:

              	
                 

              

      

      

      FUSION
        TELECOMMUNICATIONS INTERNATIONAL, INC.

      SUBSCRIPTION
        AND RIGHTS AGREEMENT

       

      December
        20, 2006

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      OFFERING
        INFORMATION, LEGENDS, AND NOTICES

       

      THE
        SECURITIES OFFERED HEREBY, HAVE NOT BEEN FILED OR REGISTERED WITH OR APPROVED
        BY
        THE SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”), NOR HAS THE
        COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THE OFFERING MATERIALS.
        NO
        STATE SECURITIES LAW ADMINISTRATOR HAS PASSED ON OR ENDORSED THE MERITS OF
        THIS
        OFFERING OR THE ACCURACY OR THE ADEQUACY OF THE OFFERING MATERIALS. ANY
        REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

       

      IT
        IS INTENDED THAT THE SECURITIES OFFERED HEREBY WILL BE MADE AVAILABLE TO
        ACCREDITED INVESTORS, AS DEFINED IN REGULATION D AND RULE 501 PROMULGATED
        UNDER
        THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). THE SECURITIES OFFERED
        HEREBY ARE BEING OFFERED PURSUANT TO AN EXEMPTION FROM THE REGISTRATION
        REQUIREMENTS OF THE ACT AND APPLICABLE STATE SECURITIES LAWS FOR NONPUBLIC
        OFFERINGS. SUCH EXEMPTIONS LIMIT THE NUMBER AND TYPES OF INVESTORS TO WHICH
        THE
        OFFERING WILL BE MADE AND RESTRICT SUBSEQUENT TRANSFERS OF THE
        INTERESTS.

       

      THE
        SECURITIES OFFERED HEREBY SHOULD BE CONSIDERED ONLY BY PERSONS WHO CAN AFFORD
        TO
        SUSTAIN A LOSS OF THEIR ENTIRE INVESTMENT. INVESTORS WILL BE REQUIRED TO
        REPRESENT THAT THEY ARE FAMILIAR WITH AND UNDERSTAND THE TERMS OF THIS
        OFFERING.

       

      NO
        SECURITIES MAY BE RESOLD OR OTHERWISE DISPOSED OF BY AN INVESTOR UNLESS,
        IN THE
        OPINION OF COUNSEL SATISFACTORY TO THE COMPANY, REGISTRATION UNDER THE
        APPLICABLE FEDERAL OR STATE SECURITIES LAWS IS NOT REQUIRED OR COMPLIANCE
        IS
        MADE WITH SUCH REGISTRATION REQUIREMENTS.

       

      THE
        OFFEREE, BY ACCEPTING DELIVERY OF THE OFFERING MATERIALS, AGREES TO RETURN
        THE
        OFFERING MATERIALS AND ALL ACCOMPANYING OR RELATED DOCUMENTS TO THE COMPANY
        UPON
        REQUEST IF THE OFFEREE DOES NOT AGREE TO PURCHASE ANY OF THE SECURITIES OFFERED
        HEREBY.

       

      ANY
        OFFERING MATERIALS SUBMITTED IN CONNECTION WITH THE PRIVATE PLACEMENT OF
        THE
        SECURITIES DO NOT CONSTITUTE AN OFFER OR SOLICITATION BY ANYONE IN ANY
        JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS NOT AUTHORIZED. ANY
        REPRODUCTION OR DISTRIBUTION OF ANY OFFERING MATERIALS IN WHOLE OR IN PART,
        OR
        THE DIVULGENCE OF ANY OF THEIR CONTENTS, WITHOUT THE PRIOR WRITTEN CONSENT
        OF
        THE COMPANY, IS PROHIBITED. ANY PERSON ACTING CONTRARY TO THE FOREGOING
        RESTRICTIONS MAY PLACE HIM/HERSELF AND THE COMPANY IN VIOLATION OF FEDERAL
        OR
        STATE SECURITIES LAWS.

       

      
        
           

        

        
          i

          
            

          

        

        
           

        

      

       

      NASAA
        UNIFORM LEGEND

      

      IN
        MAKING AN INVESTMENT DECISION INVESTORS MUST RELY ON THEIR OWN EXAMINATION
        OF
        THE COMPANY AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS
        INVOLVED. THESE SECURITIES HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE
        SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING
        AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF
        THIS
        DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. THESE
        SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND
        MAY NOT
        BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER THE ACT, AND THE APPLICABLE
        STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM.
        INVESTORS SHOULD BE AWARE THAT THEY WILL BE REQUIRED TO BEAR THE FINANCIAL
        RISKS
        OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME.

      

      FOR
        RESIDENTS OF PENNSYLVANIA

      

      THE
        SECURITIES HAVE NOT BEEN REGISTERED UNDER THE PENNSYLVANIA SECURITIES ACT
        AND
        MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF
        WITHIN
        12 MONTHS AFTER THE DATE OF PURCHASE, UNLESS SUBSEQUENTLY REGISTERED UNDER
        THE
        PENNSYLVANIA SECURITIES ACT OR UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED.

      

      EACH
        PERSON WHO ACCEPTS AN OFFER TO PURCHASE SECURITIES EXEMPTED FROM REGISTRATION
        BY
        SECTION 203(d), DIRECTLY FROM THE ISSUER OR AFFILIATE OF THE ISSUER, SHALL
        HAVE
        THE RIGHT TO WITHDRAW HIS ACCEPTANCE WITHOUT INCURRING ANY LIABILITY TO THE
        SELLER, UNDERWRITER (IF ANY) OR ANY OTHER PERSON WITHIN 2 BUSINESS DAYS FROM
        THE
        DATE OF RECEIPT BY THE ISSUER OF HIS WRITTEN BINDING CONTRACT OF PURCHASE
        OR, IN
        THE CASE OF A TRANSACTION IN WHICH THERE IS NO BINDING CONTRACT OF PURCHASE,
        WITHIN 2 BUSINESS DAYS AFTER HE MAKES THE INITIAL PAYMENT FOR THE SECURITIES
        BEING OFFERED.

       

      FOR
        RESIDENTS OF GEORGIA

      

      THESE
        SECURITIES HAVE BEEN ISSUED OR SOLD IN RELIANCE ON PARAGRAPH THIRTEEN (13)
        OF
        CODE SECTION 10-5-9 OF THE GEORGIA SECURITIES ACT OF 1973, AND MAY NOT BE
        SOLD
        OR TRANSFERRED EXCEPT IN A TRANSACTION WHICH IS EXEMPT UNDER SUCH ACT OR
        PURSUANT TO AN EFFECTIVE REGISTRATION UNDER SUCH ACT.

      

      
        
           

        

        
          ii

          
            

          

        

        
           

        

      

      

      FOR
        RESIDENTS OF FLORIDA

      

      PURSUANT
        TO THE LAWS OF THE STATE OF FLORIDA, IF SALES ARE MADE TO FIVE (5) OR MORE
        INVESTORS IN FLORIDA, ANY FLORIDA INVESTOR MAY, AT ITS OPTION, WITHDRAW,
        UPON
        WRITTEN (OR TELEGRAPHIC) NOTICE, ANY PURCHASE HEREUNDER WITHIN A PERIOD OF
        THREE
        (3) DAYS AFTER (A) THE INVESTOR FIRST TENDERS OR PAYS TO THE COMPANY AN AGENT
        OF
        THE COMPANY OR AN ESCROW AGENT THE CONSIDERATION REQUIRED HEREUNDER, (B)
        THE
        INVESTOR DELIVERS ITS EXECUTED SUBSCRIPTION AGREEMENT, OR (C) THE AVAILABILITY
        OF THAT PRIVILEGE IS COMMUNICATED TO SUCH INVESTOR, WHICHEVER OCCURS
        LATER.

       

      
        
           

        

        
          iii

          
            

          

        

        
           

        

      

       

      SUBSCRIPTION
        AND RIGHTS AGREEMENT

      

      FUSION
        TELECOMMUNICATIONS INTERNATIONAL, INC.

      

      Subscription
        and Rights Agreement (this “Subscription
        Agreement”)
        with
        respect to the offering (the “Offering”)
        of up
        to 70 units (the “Units”)
        of
        FUSION TELECOMMUNICATIONS INTERNATIONAL, INC., a Delaware corporation (the
        “Company”),
        each
        such Unit consisting of 100 shares of Series A-1 or A-2 Cumulative Convertible
        Preferred Stock (“Convertible
        Preferred Stock”)
        and
        accompanying Warrants to purchase shares of the Company’s common stock, par
        value $.01 per share1 
        50%
        of the number of shares of Common Stock into which Holder's Preferred Stock
        is
        convertible.
        (the
“Common
        Stock”).
        The
        conversion shares and the warrant shares underlying each Unit may not be
        separately transferred. The Units together with the Convertible Preferred
        Stock,
        the Warrants and the securities underlying each Unit are sometimes collectively
        referred to as “Securities”).
        The
        Certificate of Rights and Designations of the Convertible Preferred Stock
        and
        the form of Warrant are included in the Booklet, which accompanies this
        Subscription Agreement.

      

      For
        purposes of this Offering, the minimum offering shall mean thirty (30) Units
        (the “Minimum
        Offering”)
        and a
        minimum gross amount raised of $3,000,000 (the “Minimum
        Amount”).
        The
        maximum offering shall mean seventy (70) Units (the “Maximum
        Offering”)
        and a
        maximum gross amount raised of $7,000,000 (the “Maximum
        Amount”).
        The
        minimum investor subscription amount is $100,000 to purchase one (1) Unit
        (“Minimum
        Investor Subscription Amount”);
        the
        Company reserves the right to accept subscriptions for lesser
        amounts.

      

      The
        Company, on notice to the purchasers of Units, may, within 30 days of the
        last
        closing with respect to the Maximum, exercise its option to sell an additional
        $3,000,000 of Units (30 Units), upon the same terms and conditions as set
        forth
        herein (the “Over
        Allotment Option”).
        If
        the Company exercises its Over Allotment Option, then the Offering Period
        defined below may be extended for a period not to exceed an additional 30
        days.

      

      The
        Units
        are being offered by the Company. The Company, however, reserves the right
        to
        retain registered broker-dealers, “finders”, and other individuals and entities
        authorized by federal and applicable state securities laws to assist with
        the
        distribution of the Securities offered hereby. In such event, the Company
        shall
        pay a selling commission or finders fees to registered broker-dealers,
“finders”, individuals and entities legally authorized to receive such
        commissions or fees, as applicable (collectively, the “Selling
        Agents”)
        of a
        sum ordinarily not to exceed ten percent (10%) of the investor subscription
        amount received, provided that such payments are permitted under federal
        and
        applicable state securities laws. Such broker’s compensation may include
        warrants as well.

      

      Subscriptions
        to purchase Units will be solicited until the earliest of: (i) November 30,
        2006, unless extended by the Company in its sole discretion without notice
        for a
        period of up to an additional 90 days2 ,
        (ii)
        the sale of the entire Offering, or (iii) if the Company elects to exercise
        its
        Over Allotment Option, for a period of up to an additional 30 days (the
“Offering
        Period”).
        The
        Offering Period has been extended to January 15, 2007.

      __________________________

      1
        50% of
        the number of shares of Common Stock into which Holder's Preferred Stock
        is
        convertible.

      2 The
        Company initially extended the Offering Period to December 15, 2006 in order
        to
        close on the Minimum Offering. On December 14, 2006, the Company entered
        into
        subscription agreements with 27 individual investors for an offering of $3.875
        million in consideration for 3,875 shares of Series A-1 Cumulative Convertible
        Preferred Stock, (the “Series A-1 Preferred Stock”). In addition, the Company
        issued warrants to purchase 1,160,204 shares of common stock exercisable
        at
        $1.67 per share.

       

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      

      A. General.

       

      (1)The
        undersigned hereby subscribes for and agrees to purchase from the Company,
        and
        the Company agrees to sell to the undersigned, such number of Units as is
        set
        forth on the signature page hereof at a price per Unit of $100,000.

       

      (2)The
        undersigned herewith tenders to the Company the entire amount of the purchase
        price by check made payable to the order of “JP Morgan Chase f/b/o Fusion
        Telecommunications International, Inc.” or by wire transfer of immediately
        available funds to:

      

      
        	
                Bank
                  Name:

              	
                JP
                  Morgan Chase

              
	
                Bank
                  Address:

              	
                1166
                  Avenue of the Americas - 15th Floor

              
	
                 

              	
                New
                  York, New York10036

              
	
                ABA
                  Number

              	
                021000021

              
	
                Account
                  Name: 

              	
                Fusion
                  Money Market - Escrow Account

              
	
                Account
                  Number: 

              	
                777-763281

              

      

       

      (3)The
        undersigned herewith delivers the completed and signed Subscription Agreement
        and completed and signed Qualified Prospective Purchaser Questionnaire for
        Units
        of Fusion Telecommunications International, Inc. (“Qualified
        Purchaser Questionnaire”)
        to the
        Company at:

      

      Fusion
        Telecommunications International, Inc.

      420
        Lexington Avenue, Suite 1718

      New
        York,
        NY 10170

      Attn: Matt
        D.
        Rosen, President and CEO

      

      B. Securities
        offered will not be registered under the Securities Act of 1933, as
        amended

      

      The
        undersigned acknowledges that (i) the Securities will not be registered under
        the Securities Act of 1933, as amended, and the rules and regulations
        promulgated thereunder (the “1933
        Act”),
        or
        the securities laws of any state; (ii) absent an exemption, any transfer
        of the
        Securities would require registration; (iii) the Securities are being offered
        for sale in reliance upon exemptions from registration contained in the 1933
        Act
        and applicable state laws; and (iv) the Company's reliance upon such exemption
        is based in part upon the undersigned's representations, warranties and
        agreements contained in this Subscription Agreement and in the Qualified
        Purchaser Questionnaire that the undersigned is also delivering to the
        Company.

       

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

       

      C. Representations,
        Warranties, Acknowledgements and Agreements

      

      In
        order
        to induce the Company to accept this Subscription Agreement, the undersigned
        represents, warrants, acknowledges and covenants to the Company as
        follows:

      

      (1)The
        undersigned understands that (i) this Subscription Agreement may be accepted
        or
        rejected in whole or in part by the Company in its sole and absolute discretion,
        and (ii) this Subscription Agreement shall survive the undersigned's death,
        disability or insolvency, except that the undersigned shall have no obligation
        in the event that this Subscription Agreement is rejected by the Company.
        In the
        event that the Company does not accept the undersigned's subscription, or
        if the
        Offering is terminated for any reason, the undersigned's subscription payment
        (or portion thereof, as the case may be) will be returned to the undersigned
        without interest or deduction.

      

      (2)The
        undersigned has carefully read this Subscription Agreement (including, without
        limitation, the Appendix A entitled “Risk
        Factors”),
        the
        Qualified Purchaser Questionnaire, the Outline of Proposed Terms, the Company’s
        Annual Report on Form 10-K for the fiscal year ended December 31, 2005
        (including, without limitation, the risks set forth under the heading
“Risk
        Factors”),
        and
        the Company’s Quarterly Report on Form 10-Q for the quarterly period ended
        September 30, 2006, its exhibits attached hereto and thereto, as well as
        such
        other materials as the Company deems necessary to the Offering (collectively,
        the “Offering
        Materials”).
        In
        making the decision to invest in the Securities, the undersigned has relied
        solely upon the information provided by the Company in the Offering Materials.
        To the extent necessary, the undersigned has discussed with his, her or its
        counsel the representations, warranties and agreements which the undersigned
        makes by signing this Subscription Agreement, the applicable limitations
        upon
        the undersigned's resale of the Securities, and the investment, tax and legal
        consequences of this Subscription Agreement. The undersigned disclaims reliance
        on any statements made or information provided by any person or entity in
        the
        course of the undersigned’s consideration of an investment in the Securities
        other than the Offering Materials.

      

      (3)The
        undersigned understands that no federal or state agency has made any finding
        or
        determination regarding the fairness of the Offering, or any recommendation
        or
        endorsement of the Offering.

      

      (4)The
        undersigned is purchasing the Securities for the undersigned's own account,
        with
        the intention of holding the Securities for investment purposes, with no
        present
        intention of dividing or allowing others to participate in this investment
        or of
        reselling or otherwise participating, directly or indirectly, in a distribution
        of the Securities; and shall not make any sale, transfer or other disposition
        of
        the Securities without registration under the 1933 Act and applicable state
        securities laws unless an exemption from registration is available under
        those
        laws. The undersigned is not acquiring any portion of the Securities, or
        any
        interest therein, on behalf of another person. No person other than the
        undersigned has any direct or indirect beneficial interest in the Securities
        subscribed for hereunder by the undersigned. The undersigned, if an entity,
        was
        not formed for the purpose of purchasing the Securities.

      

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      

      (5)
        The
        undersigned's overall commitment to investments which are not readily marketable
        is not disproportionate to the undersigned's net worth, and the undersigned's
        investment in the Securities will not cause such overall commitment to become
        excessive.

      

      (6)
        The
        undersigned, if an individual, has adequate means of providing for his or
        her
        current needs and personal and family contingencies and has no need for
        liquidity in his or her investment in the Securities.

      

      (7)
        The
        undersigned is an “accredited investor” as that term is defined in Rule 501(a)
        under Regulation D promulgated by the Securities and Exchange Commission
        (the
“SEC”)
        under
        the 1933 Act. The undersigned is financially able to bear the economic risk
        of
        this investment, including the ability to afford holding the Securities for
        an
        indefinite period or to afford a complete loss of this investment.

      

      (8)
        The
        address shown under the undersigned's signature at the end of this Subscription
        Agreement is the undersigned's principal residence if he or she is an
        individual, or its principal business address if a corporation or other
        entity.

      

      (9)
        The
        undersigned, together with any offeree representatives of the undersigned
        (as
        identified in the Qualified Purchaser Questionnaire) has such knowledge and
        experience in financial business matters as to be capable of evaluating the
        merits and risks of an investment in the Securities. The undersigned
        acknowledges that the Offering Materials may not contain all information
        that is
        necessary to make an investment decision with respect to the Company and
        the
        Securities and that the undersigned must rely on his, her or its own examination
        of the Company and the terms and conditions of the Offering prior to making
        any
        investment decision with respect to the Securities.

      

      (10)The
        undersigned has been given the opportunity to ask questions of and receive
        answers from the Company and its executive officers concerning the business
        and
        operations of the Company and the terms, provisions, and conditions of the
        Offering and to obtain any such additional information that the undersigned
        deems necessary or advisable to verify the accuracy of the information contained
        in the Memorandum, or such other information as the undersigned desired in
        order
        to evaluate an investment in the Company; and the undersigned availed himself,
        herself or itself of such opportunity to the extent considered appropriate
        in
        order to evaluate the merits and risks of the proposed investment.

      

      (11)The
        undersigned has made an independent evaluation of the merits of the investment
        and acknowledges the high risk nature of the investment including, without
        limitation, the Risk Factors set forth in Appendix A.

      

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      

      (12)
        The
        undersigned has accurately completed the Qualified Purchaser Questionnaire
        provided herewith and has executed such Qualified Purchaser Questionnaire
        and
        any applicable exhibits thereto.

      

      (13) 

      

      (i)
        The
        undersigned understands that none of the Securities have been registered
        under
        the 1933 Act or any state securities laws in reliance on exemptions for private
        offerings; the Securities cannot be resold or otherwise disposed of unless
        they
        are subsequently registered under the 1933 Act and applicable state securities
        laws or an exemption from registration is available. The certificate(s)
        representing the Securities will bear a legend substantially similar to the
        legend set forth immediately below until (i) such Securities shall have been
        registered under the 1933 Act and effectively disposed of in accordance with
        a
        registration statement, or (ii) in the opinion of counsel reasonably
        satisfactory to the Company such securities may be sold without registration
        under the 1933 Act:

      

      “THESE
        SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
        AMENDED
        (THE "1933 ACT"), OR THE "BLUE SKY" OR SECURITIES LAWS OF ANY STATE AND MAY
        NOT
        BE OFFERED, SOLD, PLEDGED, HYPOTHECATED, ASSIGNED OR TRANSFERRED EXCEPT (i)
        PURSUANT TO A REGISTRATION STATEMENT UNDER THE 1933 ACT WHICH HAS BECOME
        EFFECTIVE AND IS CURRENT WITH RESPECT TO THESE SECURITIES, OR (ii) PURSUANT
        TO A
        SPECIFIC EXEMPTION FROM REGISTRATION UNDER THE 1933 ACT BUT ONLY UPON A HOLDER
        THEREOF FIRST HAVING OBTAINED THE WRITTEN OPINION OF COUNSEL REASONABLY
        SATISFACTORY TO THE COMPANY, THAT THE PROPOSED DISPOSITION IS CONSISTENT
        WITH
        ALL APPLICABLE PROVISIONS OF THE 1933 ACT AS WELL AS ANY APPLICABLE "BLUE
        SKY"
        OR SIMILAR SECURITIES LAWS."

      

      (ii) The
        undersigned understands that in the absence of registration by the Company,
        the
        Securities will not be, and, except as set forth in Section D of this
        Subscription Agreement, the undersigned will have no rights to require that
        the
        Securities shall be, registered under the 1933 Act or any state securities
        laws;
        the undersigned may have to hold the Securities indefinitely and it may not
        be
        possible for the undersigned to liquidate his, her or its investment in the
        Company; and the undersigned should not purchase any Securities unless he,
        she
        or it can afford a complete loss of his, her or its investment and bear the
        burden of such loss for an indefinite period of time.

      

      (iii) The
        undersigned understands there is no public market for the Securities and
        that no
        public market may develop for any such Securities. The undersigned understands
        that the provisions of Rule 144 promulgated under the 1933 Act to permit
        resales
        of the Securities are not available for at least one (1) year after the same
        class of securities is registered under the 1933 Act and the Securities Exchange
        Act of 1934, as amended (the “1934
        Act”),
        and
        there can be no assurances that any such class of securities will ever be
        registered under the 1933 Act or the 1934 Act, or even if such class of
        securities is registered under the 1933 Act and the 1934 Act, that the
        conditions necessary thereafter to permit routine sales of the Securities
        under
        Rule 144 will ever be satisfied, and, if Rule 144 should become available,
        routine sales made in reliance on its provisions could be made only in limited
        amounts and in accordance with the terms and conditions of Rule 144. The
        undersigned further understands that in connection with the sale of securities
        for which Rule 144 is not available, compliance with some other exemption
        from
        registration will be required. The undersigned understands, subject to the
        provisions of Section D of this Subscription Agreement, that the Company
        is
        under no obligation to the undersigned to register any such class of securities
        or to comply with the conditions of Rule 144 or take any other action necessary
        in order to make available any exemption for the resale of the Securities
        without registration.

      

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      

      (14) The
        undersigned, if an individual, is at least 21 years of age.

      

      (15) If
        at any
        time prior to issuance of the Securities to the undersigned, any representation
        or warranty of the undersigned shall no longer be true, the undersigned promptly
        shall give written notice thereof to the Company specifying which
        representations and warranties are not true and the reason therefor, whereupon
        the undersigned's subscription may be rejected by the Company in whole or
        in
        part.

      

      (16) Notwithstanding
        the place where this Subscription Agreement may be executed by any of the
        parties hereto, all of the terms, provisions, and conditions hereof shall
        be
        construed in accordance with and governed by the laws of the State of New
        York,
        without giving effect to its conflict of laws principles. Any dispute that
        may
        arise out of or in connection with this Subscription Agreement shall be
        adjudicated before a court located in New York City and the parties hereto
        submit to the exclusive jurisdiction and venue of the state and local courts
        of
        the State of New York located in New York City and of the federal courts
        in the
        Southern District of New York with respect to any action or legal proceeding
        commenced by any party, and irrevocably waive any objection they now or
        hereafter may have respecting the venue of any action or proceeding brought
        in
        such a court or respecting the fact that such court is an inconvenient forum,
        relating to or arising out of this Subscription Agreement or any acts or
        omissions relating to the sale of the Securities, and the undersigned consents
        to the service of process in any such action or legal proceeding by means
        of
        registered or certified mail, return receipt requested, in care of the address
        set forth below or such other address as the undersigned shall furnish in
        writing to the Company.

      

      (17) THE
        UNDERSIGNED HEREBY WAIVES TRIAL BY JURY IN ANY ACTION OR PROCEEDING INVOLVING,
        DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT, FRAUD
        OR
        OTHERWISE) IN ANY WAY ARISING OUT OF OR IN CONNECTION WITH THIS SUBSCRIPTION
        AGREEMENT OR THE UNDERSIGNED'S PURCHASE OF THE SECURITIES.

      

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      

      (18) The
        undersigned acknowledges that he, she or it understands the meaning and legal
        consequences of the representations, warranties and acknowledgments contained
        in
        this Subscription Agreement and in the Qualified Purchaser Questionnaire,
        and
        hereby agrees to indemnify and hold harmless the Company, and each of its
        stockholders, officers, directors, affiliates, controlling persons, agents
        and
        representatives, from and against any and all loss, damage, expense, claim,
        action, suit or proceeding (including the reasonable fees and expenses of
        legal
        counsel) as incurred arising out of or in any manner whatsoever connected
        with
        (i) a breach of any representation or warranty of the undersigned contained
        in
        this Subscription Agreement or in the Qualified Purchaser Questionnaire (ii)
        any
        sale or distribution by the undersigned in violation of the 1933 Act or any
        applicable state securities laws or (iii) any untrue statement of a material
        fact made by the undersigned and contained herein or in the Qualified Purchaser
        Questionnaire, or omission to state herein or in the Qualified Purchaser
        Questionnaire, a material fact necessary in order to make the statements
        contained herein or in the Qualified Purchaser Questionnaire, in light of
        the
        circumstances under which they were made, not misleading. The undersigned
        acknowledges that such damage could be substantial since (a) the Securities
        are
        being offered without registration under the 1933 Act in reliance upon the
        exemption pursuant to Section 4(2) and/or Regulation D of the 1933 Act for
        transactions by an issuer not involving a public offering and, in various
        states, pursuant to exemptions from registration, (b) the availability of
        such
        exemptions is, in part, dependent upon the truthfulness and accuracy of the
        representations made by the undersigned herein and in its Qualified Purchaser
        Questionnaire, and (c) the Company will rely on such representations in
        accepting the undersigned's Subscription Agreement.

      

      (19) The
        undersigned is not subscribing for the Securities as a result of or subsequent
        to any advertisement, article, notice or other communication published in
        any
        newspaper, magazine or similar media or broadcast over television or radio,
        any
        seminar or meeting, or any solicitation of a subscription by a person not
        previously known to the undersigned in connection with investments in securities
        generally.

      

      (20) Unless
        otherwise indicated on a separate sheet of paper that details any such
        affiliation submitted by the undersigned to the Company along with this
        completed Subscription Agreement, the undersigned is not affiliated directly
        or
        indirectly with a member broker-dealer firm of the National Association of
        Securities Dealers, Inc. as an employee, officer, director, partner or
        shareholder or as a relative or member of the same household of an employee,
        director, partner or shareholder of an NASD member broker-dealer
        firm.

      

      (21) Except
        as
        expressly provided herein, this Subscription Agreement contains the entire
        agreement between the parties with respect to the transactions contemplated
        hereunder and may be amended only by a writing executed by all of the parties
        hereto. The undersigned represents that he, she or it has full power and
        authority (corporate, statutory or otherwise) to execute and deliver this
        Subscription Agreement and the other Offering Materials to which the undersigned
        is a party and to purchase the Securities. The execution, delivery and
        performance of this Subscription Agreement and the Qualified Purchaser
        Questionnaire will not: (i) violate, conflict with or result in a default
        under
        any provision of the Certificate or By-Laws (or analogous organizational
        documents), if any, of the undersigned; or (ii) violate or result in a
        violation of, or constitute a default (whether after the giving of notice,
        lapse
        of time or both) under, any provision of any law, regulation or rule, or
        any
        order of, or any restriction imposed by any court or other governmental agency
        applicable to the undersigned, except for those which do not, or are not
        reasonably likely to, adversely affect the undersigned’s ability to perform its
        obligations under this Subscription Agreement and the Qualified Purchaser
        Questionnaire and to consummate the transactions contemplated hereby and
        thereby. This Subscription Agreement constitutes the legal, valid and binding
        obligation of the undersigned, enforceable against the undersigned in accordance
        with its terms. This Subscription Agreement supersedes all prior arrangements
        or
        understandings with respect thereto, whether oral or written. The terms and
        conditions of this Subscription Agreement shall inure to the benefit of and
        be
        binding upon the parties and their respective successors, heirs and
        assigns.

      

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

      

      (22) The
        undersigned understands that the Company intends to use the net proceeds
        from
        the Offering for, among other things, sales and marketing, capital expenditures,
        and other corporate and working capital purposes.

      

      In
        order
        to induce the undersigned to execute and deliver this Subscription Agreement,
        the Company represents, warrants, and covenants to the undersigned as
        follows:

      

      (1) The
        Company is a corporation duly organized, validly existing and in good standing
        under the laws of the State of Delaware and is duly authorized to transact
        business as a foreign corporation in the State of New York. The Corporation
        has
        full power and authority to own its properties and to carry on its business
        as
        currently conducted.

       

      (2) The
        execution, delivery and performance by the Company of this Subscription
        Agreement and the Offering and sale of Units to accredited investors
        contemplated hereby shall, assuming the representations and warranties of
        the
        undersigned are correct, be in compliance with the exemptions from registration
        set forth in Regulation D and/or Section 4(2) of the 1933 Act and applicable
        state securities “blue sky” laws, and the Company, in reliance on the
        representations and warranties of the undersigned, shall make all filings
        required to qualify for such exemptions. No additional permit, license,
        exemption, consent, authorization or approval of, or the giving of any notice
        by
        the Company to, any governmental or regulatory body, agency or authority
        is
        required in order for the Company to execute, deliver and perform its
        obligations hereunder, which has not been made, or will not when required
        be
        made, by the Company. No notice by the Company to any third party, and no
        consent or approval of any third party, of the Company’s execution, delivery and
        performance of this Subscription Agreement is required which has not been
        given
        or obtained.

      

      (3) The
        Company has the requisite power and authority to execute and deliver this
        Subscription Agreement, and perform its obligations herein, and consummate
        the
        transactions contemplated hereby. Upon the acceptance of the undersigned’s
        subscription by the Company and the execution of this Subscription Agreement
        by
        the Company, this Subscription Agreement will be a valid, legal and binding
        obligation of the Company enforceable against the Company in accordance with
        its
        terms, except to the extent that enforceability may be limited by applicable
        bankruptcy, insolvency or similar laws affecting the enforcement of creditors’
rights generally and subject to general principles of equity (regardless
        of
        whether such enforcement is considered in a proceeding at law or at
        equity).

       

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

       

      (4) The
        Company has reserved sufficient conversion shares and warrant shares for
        conversion of the Preferred Stock and exercise of the Warrants,
        respectively.

      

      (5) The
        Units
        and the conversion shares and warrant shares underlying the Units to be issued
        to the undersigned pursuant to this Subscription Agreement, when issued and
        delivered in accordance with the terms of this Subscription Agreement, in
        each
        case, shall be duly authorized, validly issued, fully paid and
        non-assessable.

      

      D. Registration
        Rights

      

      The
        undersigned shall have the registration rights set forth in this Section
        D.

      

      (1) The
        Company shall use its best efforts to file a registration statement with
        the SEC
        within ninety (90) days of the initial closing date in order to register
        the
        resale of the conversion shares and the warrant shares (are hereinafter
        collectively referred to in this Section D as the “Registrable
        Securities”)
        under
        the 1933 Act. In addition, the Company shall use its best efforts to cause
        such
        registration statement to become effective as soon as practicable after the
        date
        of such initial filing.

      

      The
        obligation of the Company under this Section D(1) shall be limited to the
        above
        described demand registration statement; provided, however, that any
        registration shall not count as a demand registration under this Section
        D(1)
        until a registration statement including all of the Registrable Securities
        requested to be included thereon has been declared effective by the Staff
        of the
        SEC, and such registration statement has remained continuously effective
        for as
        long as required by Section D(2)(i) below.

      

      (2) In
        addition to the covenants set forth in Section D(1), the Company
        shall:

      

      (i) cause
        registration statement with respect to the Registrable Securities to remain
        effective for the earliest of (A) the second anniversary of the date the
        registration statement has been declared effective, (B) such time as all
        of the
        Registrable Securities issued or issuable hereunder can be sold by the
        Participating Holders, herein defined, immediately without compliance with
        the
        registration requirements of the Securities Act pursuant to Rule 144(k) under
        the Securities Act ("Rule
        144”)
        and (C)
        the date all of the Registrable Securities issued shall have been sold by
        the
        Participating Holders (such period, the "Registration
        Period”);

      

      (ii) prepare
        and file with the SEC such amendments to such registration statement and
        supplements to the prospectus contained therein as may be necessary to keep
        such
        registration statement effective for the applicable period in accordance
        with
        the provisions of Section D(2)(i) above;

      

      (iii) furnish
        to any holder participating in such registration (a “Participating
        Holder”)
        such
        reasonable number of copies of the registration statement, preliminary
        prospectus, final prospectus and such other documents as such holder may
        reasonably request in order to facilitate the public offering of the
        Participating Holder’s securities;

      

      
        
           

        

        
          9

          
            

          

        

        
           

        

      

       

      (iv) use
        its
        best efforts to register or qualify the Registrable Securities covered by
        such
        registration statement under such state securities or blue sky laws of such
        jurisdictions as such Participating Holders may reasonably request in writing
        within twenty (20) days following the original filing of such registration
        statement, except that the Company shall not for any purpose be required
        to
        execute a general consent to service of process or to qualify to do business
        as
        a foreign corporation in any jurisdiction wherein it is not so
        qualified;

      

      (v) notify
        the Participating Holders, promptly after it shall receive notice thereof,
        of
        the time when such registration statement or a supplement to any prospectus
        forming a part of such registration statement has become effective;

      

      (vi) notify
        the Participating Holders promptly of any request by the Staff of the SEC
        for
        the amending or supplementing of such registration statement or prospectus
        or
        for additional information;

      

      (vii) prepare
        and file with the SEC any amendments or supplements to such registration
        statement or prospectus which is required under the 1933 Act or the rules
        and
        regulations promulgated thereunder in connection with the distribution of
        the
        Registrable Securities by the Participating Holders;

      

      (viii) prepare
        and promptly file with the SEC and promptly notify the Participating Holders
        of
        the filing of such amendment or supplement to such registration statement
        or
        prospectus as may be necessary to correct any statements or omissions if,
        at the
        time when a prospectus relating to such Registrable Securities is required
        to be
        delivered under the 1933 Act, any event shall have occurred as the result
        of
        which any such prospectus or any other prospectuses then in effect would
        include
        an untrue statement of a material fact or omit to state any material fact
        necessary to make the statements therein, in the light of the circumstances
        in
        which they were made, not misleading;

      

      (ix) advise
        the Participating Holders promptly after it shall receive notice or obtain
        knowledge thereof, of the issuance of any stop order by the Division of
        Enforcement of the SEC suspending the effectiveness of such registration
        statement or the initiation or threatening of any proceeding for that purpose
        and promptly use its best efforts to prevent the issuance of any stop order
        or
        to obtain its withdrawal if such stop order should be issued;

      

      (x) indemnify
        and hold harmless each Participating Holder against any and all losses, claims,
        damages or liabilities to which such Participating Holder shall become subject,
        under the 1933 Act or otherwise, that arise out of or are based upon any
        untrue
        statement or alleged untrue statement of any material fact contained in the
        effective registration statement or any prospectus that forms a part thereof
        or
        any amendment or supplement thereto, or arise out of or are based upon any
        omission or alleged omission to state therein a material fact required to
        be
        stated therein or necessary to make the statements there in not misleading;
        provided,
        however,
        that no
        such indemnification shall be available to any Participating Holder (and
        the
        Participating Holder shall indemnify and hold harmless the Company) with
        respect
        to, and to the extent there is liability attributable to, written information
        provided by a Participating Holder to the Company for use in such registration
        statement or prospectus thereunder or any amendment or supplement thereto,
        or
        any related preliminary prospectus; and

      

      
        
           

        

        
          10

          
            

          

        

        
           

        

      

       

      (xi) cause
        its
        executive officers to cooperate in good faith with any managing underwriter
        in
        connection with taking all actions reasonably necessary to successfully
        consummate the public offering, including but not limited to, active
        participation at so-called “road shows” to the extent requested by the managing
        underwriter, and using best efforts to obtain as high a valuation of the
        Company
        as possible.

      

      (3)

      (i) All
        fees,
        costs and expenses of and incidental to the registration of Registrable
        Securities, shall be borne by the Company; provided,
        however,
        that
        Participating Holders shall bear their pro rata share of the underwriting
        discount, if any, and commissions and transfer taxes, and any professional
        fees
        or costs of accounting, financial or legal advisors to any of the Participating
        Holders.

      

      (ii) The
        fees,
        costs and expense of registration to be borne by the Company as provided
        in
        Section D(3)(i) above shall include, without limitation, all registration,
        filing fees, exchange or market listing fees, printing expenses, fees and
        disbursements of counsel and accountants for the Company, and all legal fees
        and
        disbursements and other expenses of complying with state securities or blue
        sky
        laws of any jurisdictions in which the securities to be offered are to be
        registered and qualified.

      

      (4) Upon
        the
        proper and lawful transfer of any of the Securities by any holder thereof
        prior
        to such time as the Securities have been resold pursuant to a registration
        statement contemplated by this Section D, the registration rights attendant
        to
        such Securities shall be transferable hereunder if:

      

      (i) such
        Participating Holder gives prior written notice to the Company;

      

      (ii) such
        transferee agrees to execute a counterpart to this Subscription Agreement
        agreeing to comply with the terms and provisions of this Subscription Agreement,
        whereupon such transferee shall have the benefits of, and shall be subject
        to
        the restrictions contained in, this Subscription Agreement as if such transferee
        had originally been a party hereto;

      

      (iii) such
        transfer is otherwise in compliance with this Subscription Agreement;
        and

      

      (iv) such
        transfer is otherwise effected in accordance with applicable securities laws.
        

      

      
        
           

        

        
          11

          
            

          

        

        
           

        

      

       

      E. Notice
        Provisions

      

      Any
        and
        all notices, demands or requests required or permitted to be given under
        this
        Subscription Agreement shall be given in writing and sent, by registered
        or
        certified U.S. mail, return receipt requested, by hand, or by overnight courier,
        addressed to the parties hereto at their addresses set forth above or such
        other
        addresses as they may from time-to-time designate by written notice, given
        in
        accordance with the terms of this Section E, together with copies thereof
        as
        follows:

      

      In
        the
        case of the Company to:

      

      Fusion
        Telecommunications International, Inc.

      420
        Lexington Avenue, Suite 1718

      New
        York,
        NY 10170

      Attn: Matt
        D.
        Rosen, President and CEO

      Fax:
        (212) 972-7884

      

      with
        a
        copy to:

      

      Gersten
        Savage LLP

      600
        Lexington Avenue, 9th
        Floor

      New
        York,
        New York 10022-6018

      Attention:
        Jay Kaplowitz, Esq.

      Fax:
        (212) 980-5192

      

      In
        the
        case of any owner of equity securities of the Company, to:

      

      The
        address of such equity owner on the books and records of the
        Company.

       

      Notice
        given as provided in this Section shall be deemed effective: (i) on the business
        day hand delivered (or, if it is not a business day, then the next succeeding
        business day thereafter), (ii) on the first business day following the sending
        thereof by overnight courier, and (iii) on the seventh calendar day (or,
        if it
        is not a business day, then the next succeeding business day thereafter)
        after
        the depositing thereof into the exclusive custody of the U.S. Postal Service.
        As
        used herein, the term business day (other than Saturday or Sunday) shall
        mean
        any day when commercial banks are open in the State of New York to accept
        deposits.

      

      
        
           

        

        
          12

          
            

          

        

        
           

        

      

       

      ALL
        SUBSCRIBERS MUST COMPLETE THIS PAGE.

      

      

      

      

      

      _________________________________

      Exact
        Name in Which Title is to be Held

      

      

      Amount
        Subscribed for: $__________

      

      Units
        Subscribed for: ______________

      

      Type
        of
        Ownership (Check One):

      

                          Individual

                          Joint tenants with rights of survivorship

                          Tenants in common

                          Tenants by the entirety

                          Corporation

                          Limited Liability Company

                          Partnership

                          Limited Liability Partnership

                          Limited Partnership

                          Trust

                          Other (specify)
         

      

      

      
        	
                    
                  

              	
                 

              	
                  
                  

              
	
                Residence
                  Address

              	
                 

              	
                City,
                  State and Zip Code

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                  
                  

              	
                 

              	
                  
                  

              
	
                Mailing
                  Address (if not residence)

              	
                 

              	
                City,
                  State and Zip Code

              
	
                 

              	
                 

              	
                 

              
	
                Social
                  Security or Federal Tax Identification Number of
                  Purchaser:

              	
                 

              

      

      

      
        
           

        

        
          13

          
            

          

        

        
           

        

      

      

      IN
        WITNESS WHEREOF, the undersigned has executed this Subscription and Rights
        Agreement on this  
        day of
        ________, 200_.

      

      PURCHASER:

      

      

      

      
        	
                 

              	
                 

              	
                 

              
	
                (Signature
                  of Purchaser) 

              	
                 

              	
                (Name
                  Typed or Printed)

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                (Signature
                  of Co-Purchaser) 

              	
                 

              	
                (Name
                  Typed or Printed)

              

      

      

      

      ACCEPTED
        as of the  
        day of
        _________, 200_

      

      

      FUSION
        TELECOMMUNICATIONS INTERNATIONAL, INC.

      

      

      By:
        _________________________________

       Matt
        D. Rosen, President and CEO

      

      
        	
                REGISTERED
                  REPRESENTATIVE:

              	
                 

              	
                BRANCH
                  OFFICE MANAGER:

              
	
                (Sign
                  and Print Name)

              	
                 

              	
                (Sign
                  and Print Name)

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              

      

      

      
        
           

        

        
          14

          
            

          

        

        
           

        

      

       

      EXECUTION
        BY SUBSCRIBER WHO IS A NATURAL PERSON

      

       

       

        
          

        

      

      Exact
        Name in Which Title is to be Held

      

      

      
        	
                 
                  

              	
                 

              	
                 
                  

              
	
                (Signature)

              	
                 

              	
                (Signature)

              

      

      (If
        Joint
        Tenant or Tenants in Common, both persons must

      sign
        and
        this page must contain all information for

      both
        persons.)

      

      

      
        	
                 

              	
                 

              	
                 

              
	
                Name
                  (Please Print)

              	
                 

              	
                Name
                  (Please Print)

              
	
                 

                 

                 

              	
                 

              	
                 

              
	
                Residence
                  Address

              	
                 

              	
                Residence
                  Address

              
	
                 

                 

                 

              	
                 

              	
                 

              
	
                Telephone
                  Number

              	
                 

              	
                Telephone
                  Number

              
	
                 

                 

                 

              	
                 

              	
                 

              
	
                Social
                  Security Number

              	
                 

              	
                Social
                  Security Number

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              

      

      

      

      ACCEPTED
        this  
        day       ,
        200_,
        on behalf of the Company.

      

      
        	
                 

              	
                FUSION
                  TELECOMMUNICATIONS INTERNATIONAL, INC.

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                By:

              	
                 

              
	
                 

              	
                 

              	
                Matt
                  D. Rosen, President and CEO

              

      

      

      
        
           

        

        
          15

          
            

          

        

        
           

        

      

       

      EXECUTION
        BY SUBSCRIBER WHICH IS AN ENTITY

      

      (Corporation,
        Partnership, Trust, Etc.)

      

      _______________________________________

      Name
        of
        Entity (Please Print)

      

      _________________________________________________________________

      Address
        of Principal Office of Entity

      

      

      
        	
                 

              	
                BY:
                  

              	
                ________________________________________
                   

              
	
                 

              	
                NAME:

              	
                 

              
	
                 

              	
                TITLE:
                   

              	
                 

              

      

       

      (seal)

      

      Attest:______________________________

      (If
        Entity is a Corporation)

      

      
        	
                 

              	
                 
                  

              
	
                 

              	
                Address

              
	
                 

              	
                 

                 

                 

              
	
                 

              	
                Telephone
                  Number

              
	
                 

              	
                 

              
	
                 

              	
                 

                 

              
	
                 

              	
                Taxpayer
                  Identification Number 

              
	
                 

              	
                 

              

      

      

       

      ACCEPTED
        this ____ day of ___________ ,
        200_,
        on behalf of the Company.

      

      
        	
                 

              	
                FUSION
                  TELECOMMUNICATIONS INTERNATIONAL, INC.

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                 

              	
                 

              
	
                 

              	
                By:

              	
                 
                  

              
	
                 

              	
                 

              	
                Matt
                  D. Rosen, President and CEO

              

      

       

      
        
           

        

        
          16

          
            

          

        

        
           

        

      

       

      Appendix
        A

      Risk
        Factors

      

      Even
        if
        the Company sells the Maximum and the entire Over Allotment, the Company’s
        ability to meet its projected growth plans may require additional cash resources
        from equity or debt sources, which may impose limits on its financial and
        operating flexibility. The Company cannot assure you that any financing
        arrangements will be available or, if available, that it will be on acceptable
        terms.

      

      See
        also the Risk Factors set forth in the Company’s Quarterly Report on Form 10-Q
        for the quarterly period ended September 30, 2006 and the Risk Factors set
        forth
        the Company’s Annual Report on Form 10-K for the fiscal year ended December 31,
        2005.

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