0001144204-11-048465 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • August 18th, 2011 • Teletouch Communications Inc • Radiotelephone communications • Texas

This Registration Rights Agreement (this “Agreement”) is made and entered into as of August 18, 2011, by and between Teletouch Communications, Inc., a Delaware corporation (the “Company”), Stratford Capital Partners, L.P., a Texas limited partnership (“Stratford”), and Retail & Restaurant Growth Capital, L.P., a Delaware limited partnership (“RRGC”, and together with Stratford, the “Transferees”).

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MUTUAL RELEASE
Mutual Release • August 18th, 2011 • Teletouch Communications Inc • Radiotelephone communications • Texas

This Release (this “Release”), dated August 17, 2011 (the “Effective Date”), is provided by TLL Partners, L.L.C. (“TLLP”) and Robert M. McMurrey (“McMurrey”) to Teletouch Communications, Inc., a Delaware corporation (“Teletouch”), in consideration of the certain Registration Rights Agrement and Mutual Release executed and delivered by Teletouch to Retail & Restaurant Growth Capital, L.P. (“RRGC”) and Stratford Capital Partners, L.P. (“Stratford”), pursuant to the Heads of Terms dated August 11, 2011, and other good and valuable consideration, the receipt and sufficiency is hereby acknowledged.

MUTUAL RELEASE
Mutual Release Agreement • August 18th, 2011 • Teletouch Communications Inc • Radiotelephone communications • Texas

This Mutual Release (this “Agreement”), dated August 18, 2011 (the “Effective Date”), is by and among Retail & Restaurant Growth Capital, L.P. (“RRGC”) and Stratford Capital Partners, L.P. (“Stratford”), on the one hand, and TLL Partners, L.L.C. (“TLLP”) and Teletouch Communications, Inc. (“Teletouch”), on the other hand. This Agreement is given and executed pursuant to the Heads of Terms dated August 11, 2011, and pursuant to the mutual promises and undertakings set forth therein.

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