Exhibit 10.7.1
[*] IMPORTANT NOTICE: Certain material, indicated by an asterisk ("*"), has been
omitted from this document pursuant to a request for confidential treatment. The
omitted material has been filed separately with the Securities and Exchange
Commission.
AMENDMENT NO. 1
TO
CAPACITY PURCHASE AGREEMENT
This Amendment No. 1, effective June 28, 1999, amends the Capacity Purchase
Agreement ("Agreement") dated June 28, 1999, by and between Xxxxxxxx Network, a
division of Xxxxxxxx Communications, Inc., a Delaware corporation, and NET-Tel
Corporation, a Florida corporation.
This Amendment is made for the purpose of documenting the Agreement with
respect to the due date of the Installment Payments. Except for the
modifications to Paragraph 3.2 below the terms and conditions of the Agreement
shall remain in effect. Paragraph 3.2 of the Agreement is amended to read:
3.2 Installment Payments. The balance of the Net Present Value of the Purchase
Price, *, shall be financed for *(*) years at an annual interest rate
equal to * percent ( %), which may be prepaid by NET-Tel without penalty.
Such principal and interest shall be payable in * (*) equal consecutive
monthly installments of $* each due on the first day of each month
commencing August 2, 1999, provided, however, that if any such date is not
a day on which banks in New York are open for business ("Business Day"),
the payment due thereon shall be paid on the next Business Day.
NET-Tel Corporation XXXXXXXX NETWORK, a division of
XXXXXXXX COMMUNICATIONS, INC.
By: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxxx Xxxxxx
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Name: Xxxxx X. Xxxxxx Name: Xxxxx Xxxxxx
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Title: Senior Vice President Title: President, Xxxxxxxx Network
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Date: Date: 9/1/99
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* Confidential treatment requested. The redacted material has been separately
filed with the Securities and Exchange Commission.
