0000932440-12-000165 Sample Contracts

REVISED EMPLOYMENT AGREEMENT
Revised Employment Agreement • June 29th, 2012 • Global Telecom & Technology, Inc. • Telephone communications (no radiotelephone) • Delaware

This Revised Employment Agreement (the “Agreement”) is made between Global Telecom & Technology, Inc., a Delaware corporation (the “Company”), and Michael Bauer (the “Executive”), is entered into as of June 27, 2012 and shall become effective immediately upon signature and has already been approved by the Compensation Committee of the Company’s Board of Directors. This Agreement amends and replaces a prior Employment Term Sheet between the Company and the Executive entered into as of January 3, 2012 except that the Executive’s employment remains as having a January 14, 2008 start date (“Effective Date”).

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