0000891836-03-000344 Sample Contracts

Contract
Securities Purchase Agreement • May 27th, 2003 • Microsoft Corp • Services-prepackaged software • New York

SECURITIES PURCHASE AGREEMENT, dated May 23, 2003 (this “Agreement”), by and between Microsoft Corporation, a Washington corporation (“Seller”), and IDT Venture Capital, Inc., a Delaware corporation (“Buyer”).

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Microsoft Corporation One Microsoft Way Redmond, Washington 98052
Revised New Relationship Agreement • May 27th, 2003 • Microsoft Corp • Services-prepackaged software

Reference is made to the Revised New Relationship Agreement, dated as of March 3, 2000, among Microsoft Corporation (“Seller”), Liberty Media International, Inc., Liberty UK Holdings, Inc., Liberty UK, Inc. and the Company, as amended (the “Relationship Agreement”).

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