EXHIBIT 10.4 LOAN AGREEMENT THIS LOAN AGREEMENT ("Agreement"), dated this 11th day of November 1996, by and between Bisbro Investments Company Ltd., with an address of P.O. Box 3216, Safat 13033, Kuwait City, Kuwait, and maintains offices in care of...Loan Agreement • November 20th, 1996 • Preferred Telecom Inc • Telephone communications (no radiotelephone) • Colorado
No. 62 600,000 Warrants PREFERRED/TELECOM, INC. WARRANT CERTIFICATE This warrant certificate ("Warrant Certificate") certifies that for value received Bisbro Investments Company, Ltd. (the "Initial Warrant Holder") or registered assigns is the owner...Warrant Agreement • November 20th, 1996 • Preferred Telecom Inc • Telephone communications (no radiotelephone) • Delaware
