0001193125-06-179990 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered effective as of February 1, 2006, between Elandia, Inc., a Delaware corporation, (the “Company”), whose principal place of business is 1500 Cordova Road, Suite 300, Fort Lauderdale, Florida 33316 and Michael Ah Koy, an individual (the “Executive”), whose address is 1 Sunrise Avenue, Mairangi Bay, Auckland, New Zealand.

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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered August 25, 2006, effective as of August 28, 2006 (the “Effective Date”), between ELANDIA, INC., a Delaware corporation, (the “Company”), with a principal place of business at 1500 Cordova Road, Suite 300, Fort Lauderdale, Florida 33316 and HARRY HOBBS, an individual (the “Executive”), whose address is 17971 Yatton Road, Round Hill, Virginia 20141.

LICENSE AGREEMENT
License Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • Virgin Islands

This License Agreement (“License”) made as of the 1st day of April, 2006 (the “Date of this Agreement”), between Tower Top Investments, Inc., a Virgin Islands Corporation, with tax ID number 66-0521939 (hereinafter called “Licensor”) and its successors and assigns, and Elandia Solutions, Inc., a corporation organized and existing under the laws of the State of Florida, with tax ID number 14-1894700 (hereinafter called “Licensee”) and its successors and assigns.

LEASE
Lease Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida

This Lease Agreement is made and entered into as of this 30th day of January, 2004, by and between Southern Centers Associates I L.P., a Delaware limited partnership (“LANDLORD”) with an address of 1500 Cordova Road, Suite 310, Fort Lauderdale, FL 33316 and Elandia Solutions, LLC. (“TENANT”) with an address of 1500 Cordova Road, Suite 300, Fort Lauderdale, Florida 33316 for Premises known as and located at 1500 Cordova Road, Suite 300, Fort Lauderdale, Florida 33316 comprising 2,302 +/- rentable square feet of office space (“PREMISES”).

AMENDED & RESTATED MANAGEMENT AGREEMENT
Management Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida

THIS MANAGEMENT AGREEMENT (the “Agreement”) is effective as of January 31, 2006 (the “Commencement Date”), between AST Telecom, LLC, a Delaware limited liability company (the “Company”) and Level Best, Inc., an American Samoa corporation (the “LBI”).

AGREEMENT AND PLAN OF MERGER BY AND AMONG CENTRA INDUSTRIES, INC., a Delaware corporation CENTRA ACQUISITION, INC., a Delaware corporation eLANDIA SOLUTIONS INCORPORATED, a Delaware corporation STANFORD VENTURE CAPITAL HOLDINGS, INC., a Delaware...
Merger Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • Delaware

THIS AGREEMENT AND PLAN OF MERGER (“Agreement”), is made and entered into as of this 20th day of May, 2004, by and among CENTRA INDUSTRIES, INC., a Delaware corporation (“Centra”), CENTRA ACQUISITION, INC., a Delaware corporation and wholly owned subsidiary of Centra (“Centra Acquisition”), ELANDIA SOLUTIONS INCORPORATED, a Delaware corporation (“eLandia”), STANFORD VENTURE CAPITAL HOLDINGS, INC., a Delaware corporation (“SVCH”), the stockholders of eLandia listed on the signature page hereto who collectively own 100% of the issued and outstanding common stock of eLandia (“eLandia Stockholders”). Centra Acquisition and eLandia are sometimes hereinafter referred to collectively as the “Companies” or individually as a “Company”.

Memorandum of Agreement between Stanford International Bank Ltd (“Stanford”) and Kelton Investments Ltd (“Kelton”). Dated this 8th day of December 2005
Memorandum of Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone)

[a] Stanford and Kelton jointly own shares in eLandia Solutions Inc. (the “Company”); a Company that recently was party to an arrangement with Datec Group Ltd and a merger agreement with AST Telecom LLC.

EMPLOYMENT AGREEMENT
Employment Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone) • American Samoa

This Agreement is entered into by and between AST Telecom, LLC, a Delaware limited liability company (“ASTT” or “the Company”), (a subsidiary of eLandia Solutions, Inc., a Delaware corporation (“eLandia”)), and Barry I. Rose (“Executive”).

NOTE PURCHASE AGREEMENT
Note Purchase Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone)

THIS NOTE PURCHASE AGREEMENT (this “Agreement”) is dated as of February 10, 2006, between Elandia, Inc., a Delaware corporation (the “Company”), and Stanford International Bank Ltd., a corporation organized under the laws of Antigua and Barbuda (the “Purchaser”).

FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT
Note Purchase Agreement • August 25th, 2006 • Elandia, Inc. • Telephone communications (no radiotelephone)

THIS FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT (the “Amendment”), dated as of July 24, 2006 (the “Amendment”), is entered into by and between ELANDIA, INC., a Delaware corporation (“Borrower”), and STANFORD INTERNATIONAL BANK LTD., a corporation organized under the laws of Antigua and Barbuda (the “Lender”).

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