STOCK PURCHASE AGREEMENT DATED AS OF DECEMBER 14, 2006 BY AND AMONG eLEC COMMUNICATIONS CORP., CYBD ACQUISITION II, INC., AND CYBER DIGITAL, INC., with respect to the stock of TELECARRIER SERVICES, INC. STOCK PURCHASE AGREEMENTStock Purchase Agreement • December 20th, 2006 • Cyber Digital Inc • Telephone & telegraph apparatus • New York
This STOCK PURCHASE AGREEMENT, dated as of December 14, 2006 (the "Agreement"), is entered into by and among eLEC Communications Corp., a New York corporation having an address at 75 South Broadway Suite 302 White Plains, NY 10601 ("Seller"), CYBD Acquisition II, Inc., a New York corporation and wholly-owned subsidiary of Cyber Digital (as defined below) having an address at 400 Oser Avenue, Hauppauge, New York 11788 ("Acquisition Sub"), and Cyber Digital, Inc., a New York corporation having an address at 400 Oser Avenue, Hauppauge, New York 11788 ("Cyber Digital" and, together with Acquisition Sub, collectively, "Purchaser").
