0001193125-05-168688 Sample Contracts

This is a translation of the original Korean language Lease Agreement) LEASE AGREEMENT
Lease Agreement • August 15th, 2005 • Axesstel Inc • Communications equipment, nec

This Lease Agreement (hereinafter referred to as the “Agreement”) is made and entered into by and between TBK Electronics Corp. (hereinafter referred to as the “Lessor” and Axesstel R&D Center Co., Ltd. (hereinafter referred to as the “Lessee”).

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Contract
Office Lease • August 15th, 2005 • Axesstel Inc • Communications equipment, nec

This First Amendment to Office Lease (the “Amendment”) contains certain representations and warranties (the “Representations”) by Axesstel, Inc. (the “Company”) in favor of the Landlord named therein (the “Landlord”). The Amendment is filed in accordance with the rules of the Securities and Exchange Commission as a material agreement, and is intended by the Company solely as a record of the material agreement the Company has reached with the Landlord. The filing of the Amendment is not intended to entitle any person, other than the parties to the Amendment to rely on the Representations contained in the Amendment, or as a mechanism to update, supersede or otherwise modify prior disclosures of information and risks concerning the Company which the Company has made to its stockholders.

This is a translation of the original Korean language Memorandum of Understanding Regarding the Sale and Lease of Communication Equipment) MEMORANDUM OF UNDERSTANDING REGARDING THE SALE AND LEASE OF COMMUNICATION EQUIPMENT May 25, 2005 TBK ELECTRONICS...
Memorandum of Understanding • August 15th, 2005 • Axesstel Inc • Communications equipment, nec

This Memorandum of Understanding Regarding the Sale and Lease of Communication Equipment (hereinafter referred to as the “MOU”) is made and entered into by and between TBK Electronics Corp. (hereinafter referred to as “Party A”) and Axesstel R&D Center Co., Ltd. (hereinafter referred to as “Party B”) in order to stipulate and clarify the mutual agreement in the sale and lease of the sales object and lease object as defined hereunder from Party A to Party B.

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