0001144204-07-051181 Sample Contracts

PRIORITIES AGREEMENT
Priorities Agreement • September 26th, 2007 • C2 Global Technologies Inc • Telegraph & other message communications • New York

WHEREAS, the Company and/or C2 has authorized, executed and delivered in favor of the Bank various notes, security agreements, financing statements (as amended or otherwise modified from time to time, the “Bank Security Documents”);

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PLEDGE AGREEMENT
Pledge Agreement • September 26th, 2007 • C2 Global Technologies Inc • Telegraph & other message communications • New York

This PLEDGE AGREEMENT, dated as of September __, 2007 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by each of the undersigned pledgors (collectively, the “Pledgors”) in favor of ROYNAT BUSINESS CAPITAL INC., a Delaware corporation (“Lender”).

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