0001108017-07-000603 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 22nd, 2007 • Xfone Inc • Communications services, nec • Texas

This Employment Agreement (this "Agreement") is executed as of ___________ ____, 2007 by NTS Communications, Inc. (the "Employer"), and Jerry Hoover, an individual (the "Executive") to be effective on the date of consummation of the transactions contemplated by the Stock Purchase Agreement (as defined herein) (the “Effective Date”).

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FREE CASH FLOW PARTICIPATION AGREEMENT
Free Cash Flow Participation Agreement • August 22nd, 2007 • Xfone Inc • Communications services, nec • Texas

This Cash Flow Participation Agreement (this "Agreement") is executed as of _________ ___, 2007 by XFone, Inc., a Nevada corporation ("XFone"), and NTS Holdings, Inc., a Texas corporation ("Holdings") to be effective on the date of consummation of the transactions contemplated by the Stock Purchase Agreement (as defined herein) (the “Effective Date”).

STOCK PURCHASE AGREEMENT by and among Xfone, Inc. a Nevada Corporation, as Purchaser, NTS Communications, Inc., a Texas corporation, as the Company, and The Shareholders of the Company, set forth herein as Sellers August 22, 2007
Stock Purchase Agreement • August 22nd, 2007 • Xfone Inc • Communications services, nec • Mississippi

THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is entered into on this 22 day of August, 2007 (the “Effective Date”), by and among Xfone, Inc., a Nevada corporation (“Purchaser”), NTS Communications, Inc., a Texas corporation (the “Company”), and each of the persons identified on the signature page of this Agreement (each a “Seller” and collectively, the “Sellers”). The Purchaser, the Company and each Seller is referred to individually as a “Party” and collectively as the “Parties.”

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