0001074140-00-000261 Sample Contracts

RECITALS
Compensation Agreement for Consulting Services • May 19th, 2000 • GTC Telecom Corp • Telephone communications (no radiotelephone) • California
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Sheldon Goldberg 9 Turner St., #12 Clearwater, FL 33756 Dear Sheldon: This letter confirms the understanding between you and GTC Telecom Corp. that you are to be issued 10,000 shares of GTC Telecom Corp. common stock pursuant to Regulation D with...
GTC Telecom Corp • May 19th, 2000 • Telephone communications (no radiotelephone)

This letter confirms the understanding between you and GTC Telecom Corp. that you are to be issued 10,000 shares of GTC Telecom Corp. common stock pursuant to Regulation D with registration rights. These shares are issued to you, in lieu of cash, as payment against $15,000 for consulting services related to web and internet services that you provided to GTC. These shares of stock are granted in full satisfaction of all sums due and owing to you from GTC Telecom Corp. for said consulting services.

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