Document:

EXHIBIT 10.9

                              EMPLOYMENT AGREEMENT

                THIS EMPLOYMENT  AGREEMENT (this "Agreement") is entered into as
of February 20, 1998, between EXECUTIVE TELECARD,  LTD., a Colorado  corporation
with principal offices located in Denver,  Colorado (the "Company"),  and RONALD
A. FRIED (the "Executive").

                WHEREAS, the parties desire to enter into this Agreement setting
forth the terms and conditions for the employment  relationship of the Executive
with the Company.

                NOW, THEREFORE, it is AGREED as follows:

                1.  Employment.  The Executive is employed as the Vice President
of  Development  of the Company for a period  commencing  on the date hereof and
ending  December 31, 2000. As the Vice  President of Development of the Company,
the Executive shall render executive,  policy, and other management  services to
the  Company  of the type  customarily  performed  by  persons  serving  in such
capacities.   The  Executive  shall  be  responsible  for  the   identification,
development,  pursuit and implementation of significant  business  opportunities
for the Company such as acquisitions,  joint ventures,  large asset purchases or
divestitures,  restructurings  and similar  matters.  The Executive shall report
directly to the Company's Chairman and Chief Executive  Officer,  and shall also
perform such duties as the Chairman and Chief  Executive  Officer of the Company
may from time to time  reasonably  direct.  During  the term of this  Agreement,
there   shall  be  no   material   increase   or  decrease  in  the  duties  and
responsibilities of the Executive otherwise than as provided herein,  unless the
parties otherwise agree in writing.

                2. Location of Services.  During the term of this agreement, the
Executive shall perform services at the Company's various offices  (particularly
either  at  its  principal  office  in  Denver,  Colorado  or at its  office  in
Washington, D.C., as determined by the Executive).

                3. Salary.  The Company shall pay the Executive an annual salary
equal to  $150,000,  with such  increases as may be  determined  by the Board of
Directors  in its  discretion  (the  "Base  Salary").  The  Base  Salary  of the
Executive  shall not be decreased at any time during the term of this  Agreement
from the  amount  then in  effect,  unless  the  Executive  otherwise  agrees in
writing. Participation in deferred compensation, discretionary bonus retirement,
and other  employee  benefit plans and in fringe  benefits  shall not reduce the
Base  Salary.  The  Base  Salary  shall be  payable  to the  Executive  not less
frequently than monthly.
<PAGE>

                4.  Bonuses.  The  Executive  shall be  eligible  to earn annual
bonuses during each fiscal year (a "Bonus  Period") that he remains an executive
employee of the Company.  For each Bonus Period the  Executive  and the Chairman
and Chief Executive of the Company shall adopt written  performance goals within
the Bonus Period.  If such goals are met or exceeded for such Bonus Period,  the
Executive  shall be  eligible  to earn a bonus of up to 50% of the Base  Salary.
(For the  avoidance  of doubt,  a delay by any person in the adoption of written
performance  goals  shall not entitle  the  Executive  to any bonus or, upon the
adoption and achievement of such goals,  delay in any way the payment  thereof.)
If only  certain of such goals are met, or goals are met only in part,  for such
Bonus  Period,  the  Executive  shall  earn a bonus  equal  to an  amount  to be
determined by the Board of Directors,  in its sole discretion.  Bonuses shall be
payable to the Executive by February 1st of each year (or within 30 days of when
it is determined  whether the applicable goals are met, whichever is later). The
Board of Directors  may, in its sole  discretion,  award  additional  or greater
bonuses to the Executive  based upon  achievement  of other  Company  objectives
during the Bonus Period.

                5.  Participation  in Employee Benefit Plans. In addition to the
benefits noted below,  the Executive  shall be entitled to  participate,  on the
same basis as other  executive  employees of the Company,  in any stock  option,
stock purchase, pension, thrift,  profit-sharing,  group life insurance, medical
coverage,  education, or other retirement or employee pension or welfare plan or
benefits  that the  Company  has  adopted  or may adopt for the  benefit  of its
employees. The Executive shall be entitled to participate in any fringe benefits
which  are  now or may  be or  become  applicable  to  the  Company's  executive
employees generally.

                Such employee benefits presently include the following:  Medical
coverage,  including  health,  dental and  vision  insurance,  commences  at the
beginning of the month  following  30 days from the date on which the  Executive
commences service with the Company,  and the Executive is responsible for 25% of
the expense of the Executive's  medical coverage,  with the Company  responsible
for the remaining 75%. The Executive is eligible to participate in the Company's
125 Flexible  Spending Plan at the  beginning of the month  following 30 days of
service.  The  Executive's  life  insurance  is equal to two (2)  times the Base
Salary. The Executive is eligible to contribute to the Company's 401k Plan. Upon
commencing  service with the Company,  the Executive is eligible to  immediately
roll over any of Executive's pre-existing 401k Plan holdings.

                The  Executive  shall  promptly be  reimbursed  for any expenses
which he may incur in connection with his services  hereunder in accordance with
the Company's normal reimbursement policies as established from time to time.

                6.  Stock  Options.  As  approved  by  the  Company's  Board  of
Directors,   in  consideration  of  the  Executive's  acceptance  of  employment
hereunder,  the

<PAGE>

Executive shall be granted options to purchase an aggregate of 100,000 shares of
the  Company's  common  stock,  at an exercise  price to be equal to the closing
price of the Company's  common stock as listed on The Nasdaq  National Market on
the date the Executive commences  employment  hereunder,  and on terms to be set
forth in one of the  Company's  standard  forms of stock option  agreement to be
entered into between the Company and the Executive.  The vesting of such options
shall be as follows:

                     (i) options to purchase 33,333 shares shall vest six months
after the date  hereof,  subject  to  continued  employment  as of such date and
achievement  of  certain  objectives  to be agreed  to in  writing  between  the
Executive and the Company's Chairman and Chief Executive Officer.

                     (ii) options to purchase 33,333 shares shall vest 18 months
after the date  hereof,  subject  to  continued  employment  as of such date and
achievement  of  certain  objectives  to be agreed  to in  writing  between  the
Executive and the Company's Chairman and Chief Executive Officer

                     (iii)  options  to  purchase  33,334  shares  shall vest 30
months after the date hereof,  subject to continued  employment  as of such date
and  achievement  of certain  objectives to be agreed to in writing  between the
Executive and the Company's Chairman and Chief Executive Officer.

                Each of the options will have a term of five years from the date
the  Executive  commences  employment  hereunder.  To the extent  eligible,  the
options will be issued as incentive stock options within the meaning and subject
to the limitations of Section 422 of the Internal Revenue Code.

                7. Standards. The Executive shall perform the Executive's duties
and  responsibilities  under this Agreement in accordance  with such  reasonable
standards as may be established from time to time by the Company's  Chairman and
Chief Executive Officer.  The reasonableness of such standards shall be measured
against  standards  for  executive   performance  generally  prevailing  in  the
Company's industry.

                8.  Voluntary  Absences;   Vacations.  The  Executive  shall  be
entitled to annual paid vacation of at least three weeks (fifteen days) per year
or such longer period as the Board of Directors of the Company may approve.  The
timing  of paid  vacations  shall be  scheduled  in a  reasonable  manner by the
Executive.

                9.  Disability.  If  the  Executive  shall  become  disabled  or
incapacitated  to the  extent  that the  Executive  is  unable  to  perform  the
Executive's  duties  and  responsibilities  hereunder,  the  Executive  shall be
entitled to receive disability benefits of the type provided for other executive
employees of the Company.
<PAGE>

                10.      Termination of Employment.

                     (a) The Board of Directors may  terminate  the  Executive's
employment at any time, subject to payment of the compensation described below.

                     (b) In  the  case  of  any  termination  by  the  Board  of
Directors other than "termination for cause" as defined below, or in the case of
any  termination by the Executive  after a material  breach of this Agreement by
the Company,  including without  limitation by a demotion of the Executive below
the rank of Vice President, a reduction in Base Salary (or a failure to consider
the Executive for a bonus in good faith as required  hereunder) or a requirement
to relocate  ("termination  with good reason"),  the Executive shall continue to
receive, for one year commencing on the date of such termination (the "Severance
Period"), full Base Salary, any bonus that has been earned before termination of
employment or is earned after the termination of employment (where the Executive
met the  applicable  personal  performance  goals prior to  termination  and the
Company meets the applicable Company performance goals after  termination),  and
all other benefits and compensation  that the Executive would have been entitled
to  under  this   Agreement  in  the  absence  of   termination   of  employment
(collectively,  the  "Severance  Amount").  The  Severance  Amount  shall not be
reduced by any compensation which the Executive may receive for other employment
with another  employer  after  termination  of employment  with the Company.  If
during the term of this Agreement there is a "change in control" of the Company,
and in  connection  with or within two years  after such  change of control  the
Company  terminates the Executive's  employment other than termination for cause
or the Executive  terminates  with good reason,  the Company shall be obligated,
concurrently with such termination, to pay the Severance Amount in a single lump
sum cash payment to the  Executive.  If the Company fails to make timely payment
of any  portion of the  Severance  Amount,  the  Executive  shall be entitled to
reimbursement for all reasonable costs,  including  attorneys' fees, incurred by
the Executive in taking action to collect such amount or otherwise  enforce this
Agreement.  In  addition,  the  Executive  shall be  entitled to interest on the
amounts owed to him under this  Agreement at the rate of 5% above the prime rate
(defined  as the  base  rate on  corporate  loans  at large  U.S.  money  center
commercial banks as published by the Wall Street Journal),  compounded  monthly,
for the period from the date of employment  termination until payment is made to
the Executive.

                     (c)  The   Executive   shall   have  no  right  to  receive
compensation or other benefits from the Company for any period after termination
for cause by the Company or termination by the Executive other than  termination
with  good  reason,  except  for any  vested  retirement  benefits  to which the
Executive may be entitled under any qualified  employee  pension plan maintained
by the Company  and any  deferred  compensation  to which the  Executive  may be
entitled.
<PAGE>

                     (d) The term "termination for cause" shall mean termination
by  the  Company  because  of  the  Executive's  personal  dishonesty,   willful
misconduct,  breach of fiduciary  duty  involving  personal  profit,  persistent
refusal or willful failure materially to perform his duties and responsibilities
to the Company  which  continues  after the  Executive  receives  notice of such
refusal or failure;  willful  violation of any law,  rule, or regulation  (other
than  traffic  violations  or  similar  offenses),  or  material  breach  of any
provision of this Agreement.

                     (e) A "change in control," for purposes of this  Agreement,
shall be deemed to have taken place if any person becomes the  beneficial  owner
of 35% or more of the total number of voting shares of the Company. For purposes
of this paragraph, a "person" includes an individual, corporation,  partnership,
trust or group  acting in  concert,  and a  "beneficial  owner"  shall  have the
meaning used in Rule 13d-3 under the Securities Exchange Act of 1934.

                11.      Restrictive Covenants.

                     (a)  During  the  employment  of the  Executive  under this
Agreement  and for a period of one year  after  termination  of such  employment
other than a termination by the Company  without cause,  the Executive shall not
at any time (i)  compete on his own  behalf or on behalf of any other  person or
entity,  with the Company or any of its  affiliates  within all  territories  in
which the Company does  business  with respect to the business of the Company or
any of its  affiliates as such business shall be conducted on the date hereof or
during the  employment of the Executive  under this  Agreement;  (ii) solicit or
induce,  on his own  behalf  or on behalf of any  other  person or  entity,  any
employee  of the  Company  or any of its  affiliates  to leave the employ of the
Company or any of its affiliates;  or (iii) solicit or induce, on his own behalf
or on behalf of any other  person or entity,  any customer of the Company or any
of its  affiliates  to  reduce  its  business  with  the  Company  or any of its
affiliates.

                     (b)  The  Executive   shall  not  at  any  time  during  or
subsequent to his  employment by the Company,  on his own behalf or on behalf of
any other person or entity,  disclose any proprietary information of the Company
or any of its  affiliates  to any other person or entity other than on behalf of
the Company or in conducting its business,  and the Executive  shall not use any
such  proprietary  information  for  his own  personal  advantage  or make  such
proprietary  information  available to others for use,  unless such  information
shall  have  come  into  the  public  domain  other  than  through  unauthorized
disclosure.

                     (c) The ownership by the Executive of not more than 5% of a
corporation,  partnership or other  enterprise  shall not constitute a violation
hereof.

                     (d) If any  portion of this  Section 11 is found by a court
of competent jurisdiction to be invalid or unenforceable, but would be valid and

<PAGE>

enforceable  if modified,  this  Section 11 shall apply with such  modifications
necessary  to make this  Section 11 valid and  enforceable.  Any portion of this
Section 11 not required to be so modified  shall remain in full force and effect
and not be affected  thereby.  The Executive  agrees that the Company shall have
the right of specific  performance  in the event of a breach by the Executive of
this Section 11.

                12. No  Assignments.  This  Agreement is personal to each of the
parties  hereto.  No party may  assign or  delegate  any  rights or  obligations
hereunder without first obtaining the written consent of the other party hereto.
However,  in the  event of the death of the  Executive  all  rights  to  receive
payments hereunder shall become rights of the Executive's estate.

                13. Other Contracts. The Executive shall not, during the term of
this Agreement,  have any other paid employment  other than with a subsidiary of
the Company, except with the prior approval of the Board of Directors.

                14.  Amendments or Additions;  Action by Board of Directors.  No
amendments or additions to this Agreement shall be binding unless in writing and
signed by all parties hereto. The prior approval by a majority vote of the Board
of  Directors  shall be  required  in order for the  Company  to  authorize  any
amendments  or additions to this  Agreement,  to give any consents or waivers of
provisions of this  Agreement,  or to take any other action under this Agreement
including any termination of employment with or without cause.

                15.  Section  Headings.   The  section  headings  used  in  this
Agreement are included solely for  convenience and shall not affect,  or be used
in connection with, the interpretation of this Agreement.

                16.  Severability.  The  provisions of this  Agreement  shall be
deemed severable and the invalidity or  unenforceability  of any provision shall
not affect the validity or enforceability of the other provisions hereof.

                17.  Governing Law. This Agreement shall be governed by the laws
of the State of Colorado (other than the choice of law rules thereof).

                                                      EXECUTIVE TELECARD, LTD.

                                                      By:-----------------------

                                                          RONALD A. FRIEDEXHIBIT 10.26

[eGLOBE LETTERHEAD]

27 August, 1999

VIA FACSIMILE

Mr. Isaac Freilich
American Stock Transfer & Trust Company
40 Wall Street
New York, New York 10005

   RE: SEYMOUR GORDON 160,257 RESTRICTED SHARES

Dear Mr. Freilich:

Please issue one certificate in the name of "Seymour  Gordon" for 160,257 shares
of common stock of eGlobe, Inc. The stock is issued in connection with a certain
Stock  Purchase  Agreement,  the  underlying  shares  of  which  have  not  been
registered.

Please issue one certificate with restrictive legend, and send it, via overnight
mail, to my attention at our Washington,  D.C.  office:  eGlobe,  Inc. 1250 24th
Street, N.W., Suite 725, Washington, DC 20037.

Thank you for your assistance in this matter. If you have any questions,  please
do not hesitate to contact me.

Very truly yours,

/s/ Graeme S. R. Brown

Graeme S. R. Brown
Associate General Counsel

GB\

Attachment: Secretary's Certificate

<PAGE>

[eGLOBE LETTERHEAD]

January 24, 2000

Mr. Seymour Gordon
3 Hawthorne Lane
Lawrence, NY 11559

   RE: PROMISSORY NOTE DATED AS OF JUNE 18, 1998; INTEREST ON CONVERTED NOTE.

Dear Mr. Gordon:

In  consideration  of your  extending the  Promissory  Note dated June 18, 1998,
originally due on December 18, 1999,  until April 18, 2000, 75% of the principal
balance (up to a maximum  amount of $750,000) may now be exchanged for shares of
eGlobe common stock pursuant to the Stock Purchase  Agreement dated as of August
25, 1999 (exchange terms:  exchange for shares of common stock of the Company at
a price per share of $1.56;  and be  granted  a warrant  to  purchase  shares of
common  stock  (in the  proportion  of 60,000  shares  under  warrant  for every
$250,000  of  debt  exchanged)  at  a  price  of  $1.00).  Additionally,  it  is
acknowledged  that the Promissory  Note shall bear interest at a rate of 14% per
annum for the period from December 18, 1999 through April 18, 2000.

With  regard to the  $200,000  Promissory  Note  dated  January 4, 1999 that was
converted  to common  stock in March 1999,  the Company  shall pay interest at a
rate of 12% until such time as the common stock is registered.  Accrued interest
through April 18, 2000 will be paid on April 18, 2000.  Accrued  interest  after
April 18, 2000 will be paid within  seven days after the  effective  date of the
S-3  Registration  Statement.  The Company expects to file its S-3  Registration
Statement in early May 2000.

Very truly yours,                          ACCEPTED AND AGREED

/s/ Graeme S. R. Brown                     /s/ Seymour Gordon

Graeme S. R. Brown                         Seymour Gordon
Deputy General Counsel

<PAGE>

                            STOCK PURCHASE AGREEMENT

     THIS STOCK PURCHASE  AGREEMENT (this "Agreement") is entered into this 25th
day of  August,  1999,  by and  among  eGlobe,  Inc.,  a  Delaware  corporation,
("eGlobe"  or the  "Company"),  and  Seymour  Gordon,  a  private  investor  and
shareholder of eGlobe (the "Purchaser"),

         NOW,  THEREFORE,  in  consideration of the foregoing and the respective
representations,   warranties,  covenants  and  agreements  set  forth  in  this
Agreement, the parties hereto agree as follows:

     SECTION 1.     THE SALE OF STOCK.

         Upon  the  terms  and  subject  to the  conditions  set  forth  in this
Agreement,  and in accordance with the laws of the State of Delaware  ("Delaware
Law"),  at the  Closing  (as  defined  herein)  the  Company  shall sell and the
Purchaser shall buy 160,257 shares of common stock of the Company, par value $01
per share, for a total price of $250,000.92.

     SECTION 2.     WARRANTS.

         At the Closing,  the  Company  shall  issue a warrant to  Purchaser  to
purchase  60,000  shares of common  stock of the Company at a price of $1.00 per
share. The form of the warrant is attached hereto as Exhibit A.

     SECTION 3.     CLOSING.

         The  closing  of the sale (the  "Closing")  will take place by the wire
transfer of funds to the account of eGlobe  within 24 hours of the  execution of
this Agreement.  Upon receipt of the funds,  the Company will instruct the stock
transfer  agent of the  Company  to issue  the  shares  of  common  stock to the
Purchaser and will immediately deliver to the Purchaser, by Federal Express or a
similar delivery  service,  a fully executed warrant in the form attached hereto
as Exhibit A.

     SECTION 4.     SUBSEQUENT ACTIONS - DEBT EXCHANGE.

         At any time after the  Closing  but prior to  December  17,  1999,  the
Purchaser may exchange the principal  amount of any  indebtedness of the Company
then  outstanding  held by the Purchaser (up to a maximum amount of $500,000) on
the same terms as for this stock purchase: (1) for shares of common stock of the
Company at a price per share of $1.56;  and (2) a warrant to purchase  shares of
common stock at a price of $1.00 (the number of shares under warrant shall be in
the same  proportion as in this agreement,  i.e.,  60,000 shares per $250,000 of
debt  exchanged);  and (3) all rights and terms  contained in Section 10 of this
Agreement.  The Purchaser  shall elect such exchange by notifying the Company in
writing of his election and

<PAGE>

including in such notice the dollar  amount of principal  to be  exchanged.  The
Company will then cause the principal  amount exchanged to be canceled as of the
date of  notice  and will  promptly  notify  the  transfer  agent  to issue  the
requisite number of common shares to the Purchaser.

     SECTION 5.    REPRESENTATIONS & WARRANTIES OF THE COMPANY.

         The Company represents and warrants to Purchaser as follows:

     SECTION 5.1   ORGANIZATION AND QUALIFICATION.

         The Company is a corporation  duly organized,  validly  existing and in
good standing under the laws of the State of Delaware.

     SECTION 5.2   AUTHORITY.

         The  execution  and  delivery of this  Agreement by the Company and the
consummation by the Company of the  transactions  contemplated  hereby have been
duly and  validly  authorized  by all  necessary  corporate  action and no other
corporate proceedings on the part of the Company are necessary to authorize this
Agreement or to consummate the transactions  contemplated hereby. This Agreement
has been duly  executed  and  delivered  by the Company  and,  assuming  the due
authorization,  execution and delivery by Purchaser,  constitutes a legal, valid
and binding obligation of the Company, enforceable in accordance with its terms.

     SECTION 5.3   NO CONFLICT; REQUIRED FILINGS AND CONSENTS.

         (a) The  execution  and delivery of this  Agreement by the Company does
not, and the performance by the Company of its obligations  under this Agreement
will not, (i) conflict with or violate the articles of  incorporation  or bylaws
of the Company,  (ii)  conflict  with or violate any Law to which the Company is
bound or the Assets are based,  or (iii) result in any breach of or constitute a
default (or an event  which with notice or lapse of time or both would  become a
default) under any note, bond, mortgage, indenture,  contract, agreement, lease,
license,  permit,  franchise  or other  instrument  or  obligation  to which the
Company  is a party  or by which  the  Company  is bound or by which  any of the
Assets is subject.

         (b) The  execution  and delivery of this  Agreement by the Company does
not, and the performance of this Agreement by the Company will not,  require any
consent,  approval,  authorization  or permit of, or filing with or notification
to, any Government Entity.

     SECTION 6.    PURCHASER AUTHORITY AND CAPACITY.

         Purchaser is an Accredited Investor as defined by the Securities Act of
1933 and has full legal  right,  capacity,  power and  authority  to execute and
deliver this Agreement and all other  documents,  instruments,  certificates and
agreements  executed or to be executed by it pursuant hereto,  and to consummate
the transactions contemplated hereby and thereby.

                                      -2-

<PAGE>

     SECTION 7.    ACQUISITION FOR INVESTMENT.

         The shares of Company common stock to be issued to the Purchaser  under
this  Agreement  are being (or will be) acquired by the  Purchaser in good faith
solely  for  the  account  of  the  Purchaser   (and  its  direct  and  indirect
beneficiaries)  for  investment  and not  with a view  toward  resale  or  other
distribution  within the meaning of the Securities  Act. Such shares will not be
offered for sale, sold or otherwise  transferred by the Purchaser without either
registration or exemption from registration under the Securities Act.

     SECTION 8.    PURCHASER RESTRICTIONS AND CONSENTS.

         There  are no  agreements,  Laws or other  restrictions  of any kind to
which such  Purchaser  is party or subject  that would  prevent or restrict  the
execution, delivery or performance of this Agreement by such Purchaser.

     SECTION 9.    Binding Obligation.

         This Agreement constitutes, and each document, instrument,  certificate
and agreement to be executed by such Purchaser  pursuant  hereto,  when executed
and delivered in accordance  with the provisions  hereof,  shall  constitute,  a
valid and binding  obligation of it,  enforceable in accordance  with its terms,
except  as  such  enforceability  may  be  limited  by  bankruptcy,  insolvency,
reorganization,  moratorium  and other  similar  laws of  general  applicability
relating to or affecting  creditors'  rights generally and by the application of
general principles of equity.

     SECTION 10.   PREPARATION OF THE FORM S-1.

         At the sole  expense of the  Company,  when the Company next amends its
Form S-1  registration  statement,  the Company  shall prepare and file with the
Securities and Exchange  Commission (the "SEC") materials to be included on Form
S-1/A  (the  "Form S-1  Registration  Statement") registering  all shares of the
Common Stock (including the 60,000 shares under the warrant) to be sold pursuant
to this Agreement.

         During the period  subsequent to the Closing and prior to the effective
registration of the shares of Common Stock,  the Company shall pay to Purchaser,
monthly in arrears, a sum equal to the number of assessable days in the previous
month  multiplied  by $83.33.  The first such payment shall be due on October 1,
1999 for the  period  from  closing  to  September  30,  1999  and then  monthly
thereafter  until ten days after  notification of the stock being registered and
the Company provides Purchaser with a letter to the transfer agent verifying the
registration and authorizing exchange of the share certificates.

                                      -3-

<PAGE>

     SECTION 11.    NOTICES.

         All  notices and other  communications  given or made  pursuant  hereto
shall be in  writing  and shall be deemed to have been duly  given or made as of
the date delivered, mailed or transmitted,  and shall be effective upon receipt,
if  delivered  personally,  mailed by  registered  or  certified  mail  (postage
prepaid, return receipt requested) to the parties at the following addresses (or
at such  other  address  for a party as shall be  specified  by like  changes of
address) or sent by electronic  transmission to the telecopier  number specified
below:

             If to the Company:

             eGlobe, Inc.
             Suite 725, 1250 24th Street, N.W.
             Washington, D.C. 20037
             Telecopier No.: (202) 822-8984
             Attention: Graeme Brown, Esq.

             If to the Purchaser:

             Seymour Gordon
             3 Hawthorne Lane
             Lawrence, NY 11559
             Telecopier No.: (516) 569-4230

     SECTION 12.    HEADINGS.

         The headings  contained in this  Agreement are for  reference  purposes
only and  shall not  affect in any way the  meaning  or  interpretation  of this
Agreement.

     SECTION 13.    SEVERABILITY.

         If any term or other provision of this Agreement is invalid, illegal or
incapable  of being  enforced  by any rule of law or  public  policy,  all other
conditions and provisions of this Agreement shall  nevertheless  remain  in full
force and effect so long as the economic or legal substance of the  transactions
contemplated  hereby is not  affected  in any manner  materially  adverse in any
party.  Upon such  determination  that any term or other  provision  is invalid,
illegal or incapable of being  enforced,  the parties hereto shall  negotiate in
good faith to modify this  Agreement so as in effect the original  intent of the
parties  as  closely  as  possible  in an  acceptable  manner  to the  end  that
transactions contemplated hereby are fulfilled to the extent possible.

     SECTION 14.    ENTIRE AGREEMENT.

         This Agreement (together with the Exhibits, the Schedules and the other
documents  delivered  pursuant  hereto)  constitutes the entire agreement of the
parties and supersede all prior  agreements and  undertakings,  both written and
oral, between the parties, or

                                      -4-

<PAGE>

any of them,  with respect to the subject matter hereof and, except as otherwise
expressly  provided herein, are not intended to confer upon any other person any
rights or remedies hereunder.

     SECTION 15.    SPECIFIC PERFORMANCE.

         The   transactions   contemplated   by  this   Agreement   are  unique.
Accordingly,  each of the parties  acknowledges  and agrees that, in addition to
all other  remedies to which it may be entitled,  each of the parties  hereto is
entitled  to a decree of  specific  performance,  provided  such party is not in
material default hereunder.

     SECTION 16.    ASSIGNMENT.

         Neither this Agreement nor any of the rights,  interests or obligations
hereunder  shall be assigned by any of the parties hereto  (whether by operation
of law or  otherwise)  without  the prior  written  consent of the other  party.
Subject to the preceding  sentence,  this Agreement shall be binding upon, inure
to the  benefit  of and be  enforceable  by the  parties  and  their  respective
successors and assigns.

     SECTION 17.    THIRD PARTY BENEFICIARIES.

         This Agreement shall be binding upon and inure solely to the benefit of
each party hereto and nothing in this Agreement, express or implied, is intended
to or shall  confer  upon any other  person any right,  benefit or remedy of any
nature whatsoever under or by reason of this Agreement.

     SECTION 18.    GOVERNING LAW.

         This Agreement shall be governed by, and construed in accordance  with,
the laws of the State of Delaware.

     SECTION 19.    COUNTERPARTS.

         This   Agreement   may  be  executed  and  delivered  in  one  or  more
counterparts, and by the different parties hereto in separate counterparts, each
of which when executed and  delivered  shall be deemed to be an original but all
of which taken together shall constitute one and the same agreement.

     SECTION 20.    FEES AND EXPENSES.

         Except as otherwise  provided for in this Agreement,  each party hereto
shall pay its own fees,  costs and  expenses  incurred in  connection  with this
Agreement  and in the  preparation  for  and  consummation  of the  transactions
provided for herein.

                                      -5-

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this AGREEMENT to be
executed and delivered as of the date first written above.

                                      eGLOBE, INC.

                                      By: /s/
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

                                      Seymour Gordon

                                      By:  /s/ Seymour Gordon
                                           -------------------------------------

                                      -6-

<PAGE>

January 24, 2000

Mr. Seymour Gordon
3 Hawthorne Lane
Lawrence, NY 11559

    RE: STOCK PURCHASE AGREEMENT DATED AS OF AUGUST 25, 1999 (THE
        "AGREEMENT"); PROMISSORY NOTE DATED AS OF JUNE 18, 1998

Dear Mr. Gordon:

With  reference  to the above  captioned  Agreement,  in  consideration  of your
extending the  Promissory  Note dated June 18, 1998,  originally due on December
18, 1999,  until April 18, 2000,  75% of the principal  balance (up to a maximum
amount of  $750,000)  may now be  exchanged  for shares of eGlobe  common  stock
pursuant to the Agreement.  Additionally, it is acknowledged that the Promissory
Note shall bear interest at a rate of 14% per annum for the period from December
18, 1999 through April 18, 2000.

Very truly yours,                              ACCEPTED AND AGREED

David A. Skriloff                              Seymour Gordon
Chief Financial Officer

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