0000950129-05-002377 Sample Contracts

EMPLOYMENT AGREEMENT # GT11/02
Employment Agreement • March 14th, 2005 • Golden Telecom Inc • Radiotelephone communications

This Employment Agreement (hereinafter the “AGREEMENT”) is made and entered by and between GOLDEN TELESERVICES, INC., (hereinafter the “EMPLOYER” or “CORPORATION”), a Delaware corporation, located at 2831 29th St., N. W., Washington, DC 20008, USA, having its accredited representative office in Russia (hereinafter the “REPRESENTATIVE OFFICE”), located at 1 Kozhevnichesky Proezd, 2nd Floor, Moscow, Russia, 115114, in the person of Petr Aven, acting on the basis of the Power of Attorney dated October 21, 2004,

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NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • March 14th, 2005 • Golden Telecom Inc • Radiotelephone communications • Delaware

THIS AGREEMENT, dated {{Date}} is made by and between Golden Telecom, Inc., a Delaware corporation (“Company”) and {{Name}} {{Family_Name}}, an employee of the Company or a Subsidiary of the Company (“Optionee”):

GOLDEN TELECOM GROUP INC. EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2005 • Golden Telecom Inc • Radiotelephone communications • Virginia

THIS AGREEMENT is made and entered into as of the first day of March, 2004, by and between Golden Telecom Group, Inc., a Delaware corporation (the “Corporation”), and Mr. Michal Cupa, an adult citizen of the Czech Republic (the “Employee”).

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