0001104659-02-006382 Sample Contracts

BILL OF SALE
Bill of Sale • November 15th, 2002 • Ibasis Inc • Services-business services, nec • California

THIS BILL OF SALE (this “Bill of Sale”) is made and entered into as of the 2nd day of August 2002 by and between iBasis, Inc. (“Buyer”) and Cisco Systems Capital Corporation (“Seller”), pursuant to that certain Settlement Agreement dated as of August 2, 2002 (the “Settlement Agreement”) by and among Cisco Systems, Inc., (“CSI”), Seller and Buyer. Capitalized terms used herein and used as defined in the Settlement Agreement.

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MASTER AGREEMENT TO LEASE EQUIPMENT
Master Agreement to Lease Equipment • November 15th, 2002 • Ibasis Inc • Services-business services, nec • California

THIS MASTER AGREEMENT TO LEASE EQUIPMENT (this “Agreement”) is entered into as of November 3, 1998 by and between CISCO SYSTEMS CAPITAL CORPORATION (“Lessor”), having its principal place of business at 170 West Tasman Drive, San Jose, California 95134 and VIP CALLING, INC., a Delaware Corporation (“Lessee”), having a principal place of business at 121 Middlesex Turnpike, Burlington, MA 01803.

SETTLEMENT AGREEMENT made as of August 2, 2002 among Cisco Systems Capital Corporation,
Settlement Agreement • November 15th, 2002 • Ibasis Inc • Services-business services, nec • California

This SETTLEMENT AGREEMENT (this “Agreement”) is entered into among CISCO SYSTEMS CAPITAL CORPORATION, a Nevada corporation (“CSCC”), CISCO SYSTEMS, INC., a California corporation (“CSI,” and collectively with CSCC, the “Cisco Entities”), and iBASIS, INC., a Delaware corporation (the “Company”), as of August 2, 2002 (the “Effective Date”), with reference to the following facts:

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