0001074140-99-000075 Sample Contracts

GTC TELECOM CORP. LETTERHEAD] September 23, 1999 Dear Tim: This letter confirms our understanding that you are to be issued 5,000 shares of GTC Telecom common stock with registration rights. These shares are issued to you, in lieu of cash, as payment...
Stock Issuance Agreement • October 6th, 1999 • GTC Telecom Corp • Telephone communications (no radiotelephone)

This letter confirms our understanding that you are to be issued 5,000 shares of GTC Telecom common stock with registration rights. These shares are issued to you, in lieu of cash, as payment against $20,000 for services rendered relating to the design and printing of the Company's corporate brochures.

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GTC TELECOM CORP. LETTERHEAD] September 22, 1999 Dear Joe: This letter confirms our understanding that you are to be issued 10,000 shares of GTC Telecom common stock with registration rights. These shares are issued to you, in lieu of cash, as payment...
Stock Issuance Agreement • October 6th, 1999 • GTC Telecom Corp • Telephone communications (no radiotelephone)

This letter confirms our understanding that you are to be issued 10,000 shares of GTC Telecom common stock with registration rights. These shares are issued to you, in lieu of cash, as payment against $40,000 for services provided in advertising on behalf of GTC.

GTC TELECOM CORP. LETTERHEAD] Dear Richard: This letter confirms our understanding that you are to be issued 3,125 shares of GTC Telecom common stock with registration rights. These shares are issued to you, in lieu of cash, as payment against $10,000...
Stock Issuance Agreement • October 6th, 1999 • GTC Telecom Corp • Telephone communications (no radiotelephone)

This letter confirms our understanding that you are to be issued 3,125 shares of GTC Telecom common stock with registration rights. These shares are issued to you, in lieu of cash, as payment against $10,000 for legal services provided..

GTC TELECOM CORP. LETTERHEAD] This letter confirms our understanding that you were granted 25,000 options in August 1998 to purchase up to 25,000 shares of GTC Telecom common stock at an exercise price of $0.01 per share. These options vest 12 months...
Stock Option Agreement • October 6th, 1999 • GTC Telecom Corp • Telephone communications (no radiotelephone)

This letter confirms our understanding that you were granted 25,000 options in August 1998 to purchase up to 25,000 shares of GTC Telecom common stock at an exercise price of $0.01 per share. These options vest 12 months from August 1998.

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