0000932440-11-000094 Sample Contracts

NOTE AMENDMENT No. 1

Note Amendment • February 23rd, 2011 • Global Telecom & Technology, Inc. • Telephone communications (no radiotelephone) • Virginia

• Contract Type
  Note Amendment
• Filed
  February 23rd, 2011
• Company
  Global Telecom & Technology, Inc.
• Industry
  Telephone communications (no radiotelephone)
• Jurisdiction
  Virginia

This NOTE AMENDMENT No. 1 (this “Amendment”) is entered into as of the Effective Date (as defined below) by and among Global Telecom & Technology, Inc. (the “Company”) and the holders (the “Holders”) of the Company’s 10% subordinated notes due on December 31, 2013 that were issued on December 31, 2010 (the “Notes”).

GLOBAL TELECOM & TECHNOLOGY, INC. SUBSCRIPTION AGREEMENT Offering of up to 1,000 Units each unit comprised of $5,000 principal amount of 10% subordinated promissory notes due 2013 and 5,000 shares of common stock price: $10,000 per unit

Subscription Agreement • February 23rd, 2011 • Global Telecom & Technology, Inc. • Telephone communications (no radiotelephone) • Virginia

• Contract Type
  Subscription Agreement
• Filed
  February 23rd, 2011
• Company
  Global Telecom & Technology, Inc.
• Industry
  Telephone communications (no radiotelephone)
• Jurisdiction
  Virginia

Check one: o EMPLOYEE BENEFIT PLAN OR TRUST (including pension plan, profit sharing plan, other defined contribution plan and SEP) o IRA, IRA ROLLOVER OR KEOGH PLAN o TRUST (other than employee benefit trust) o CORPORATION o PARTNERSHIP o OTHER