0001193125-04-146536 Sample Contracts

THE PARTIES
Master Rental Agreement • August 25th, 2004 • Arbinet Thexchange Inc • Services-business services, nec • London
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SETTLEMENT AND RELEASE AGREEMENT
Settlement Agreement • August 25th, 2004 • Arbinet Thexchange Inc • Services-business services, nec • New Jersey

This Settlement and Release Agreement (the “Agreement”) is made as of this 30th day of July, 2004, by and between Anthony Craig (“Craig”) and Arbinet-thexchange, Inc., a Delaware corporation (the “Company”).

CONSULTING AGREEMENT
Consulting Agreement • August 25th, 2004 • Arbinet Thexchange Inc • Services-business services, nec • New York

This AGREEMENT is made and entered into November 8, 2003 (this “Agreement”) by and between Arbinet-thexchange, Inc. (formerly known as Arbinet Holdings, Inc., a Delaware corporation, the “Company”) having an office at 120 Albany Street, Suite 450, Tower II, New Brunswick, NJ 08901 and Alex Mashinsky, an individual currently residing at 495 West End Avenue, New York, NY 10024 (collectively, the “Parties”).

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