AMENDMENT TO
SHAREHOLDERS' AGREEMENT
This Amendment (the "AMENDMENT") is entered into as of September 24,
1999 and amends that certain Shareholders' Agreement (the "AGREEMENT") made
and entered into as of the 2nd day of October, 1998 among U.S. RealTel, Inc.,
an Illinois Corporation, Xxxxx X. Xxxxxxx, Xxxxxxx Corp., an Illinois
Corporation, Xxxxxxx Xxxxxxx, Xxxxxx Xxxxxxx, the Xxxxxxxx Xxxxxxx Xxxxxxx
Foundation, Jordan X. Xxxxxx, individually and as joint tenant with Xxxxxx X.
Xxxxxx, Xxxxx X. Xxxx, Xx & Co., an Indiana general partnership, the Xxxxxx
family trusts identified on the signature pages hereto, Access Financial
Group, Inc., Xxxx X. Xxxxxxx and Xxxxx Xxxx.
AGREEMENTS
For good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto hereby agree as follows:
1. Upon issuance of any shares of the Company's common stock to Troon
& Co. upon conversion of that certain Convertible Promissory Note dated
September 24, 1999 from the Company payable to Troon & Co., Xxxxxx X. Xxxxxx
Trust GO Xxxxxxxxxx Trust, Xxxxxx X. Xxxxxx Trust Xxxxx Xxxxxx XX Trust,
Xxxxxx X. Xxxxxx Trust Xxxxxx X. Xxxxxx, Xx. Trust and Xxxxxx X. Xxxxxx Trust
Xxxxx X. Xxxxxx Trust, Troon & Co. shall be deemed to be and shall have all
of the rights and obligations of a "Shareholder" pursuant to the Agreement.
2. In all other respects, the Agreement shall remain in full force
and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the
date first set forth above.
U.S. REALTEL, INC.
By: /s/ Xxxxx X. Xxxx
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Its: Chairman
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/s/ Xxxxx X. Xxxxxxx
---------------------------------
Xxxxx X. Xxxxxxx
XXXXXXX CORP.
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------
Its: Chairman
-----------------------------
/s/ Xxxxxxx Xxxxxxx
---------------------------------
Xxxxxxx Xxxxxxx
/s/ Xxxxxx Xxxxxxx
---------------------------------
Xxxxxx Xxxxxxx
XXXXXXXX XXXXXXXX XXXXXXX FOUNDATION
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------
Its: President
-----------------------------
/s/ Jordan X. Xxxxxx
---------------------------------
Jordan X. Xxxxxx, individually and joint
tenant, with Xxxxxx X. Xxxxxx
/s/ Xxxxxx X. Xxxxxx
---------------------------------
Xxxxxx X. Xxxxxx, as joint tenant with Jordan
X. Xxxxxx
/s/ Xxxxx X. Xxxx
---------------------------------
Xxxxx X. Xxxx
XX & CO.
By: /s/ Xxxx X. Xxxxxxx
-----------------------------
Its: President
-----------------------------
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XXXXXX X. XXXXXX TRUST -
GO XXXXXXXXXX FUND
By: /s/ Xxxx X. Xxxxxxx
-----------------------------------
Xxxx X. Xxxxxxx, as Trustee
XXXXXX X. XXXXXX TRUST -
XXXXX XXXXXX XX FUND
By: /s/ Xxxx X. Xxxxxxx
-----------------------------------
Xxxx X. Xxxxxxx, as Trustee
XXXXXX X. XXXXXX TRUST -
XXXXXX X. XXXXXX XX. FUND
By: /s/ Xxxx X. Xxxxxxx
-----------------------------------
Xxxx X. Xxxxxxx, as Trustee
XXXXXX X. XXXXXX TRUST -
XXXXX X. XXXXXX FUND
By: /s/ Xxxx X. Xxxxxxx
-----------------------------------
Xxxx X. Xxxxxxx, as Trustee
ACCESS FINANCIAL GROUP, INC.
By: /s/ Xxxx X. Xxxxx
-----------------------------------
Its:
-----------------------------------
/s/ Xxxx X. Xxxxxxx
----------------------------------------
Xxxx X. Xxxxxxx
/s/ Xxxxx Xxxx
----------------------------------------
Xxxxx Xxxx
TROON & CO.
By: /s/ Xxxx X. Xxxxxxx
------------------------------------
Xxxx X. Xxxxxxx, Trustee & Partner
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