0001193125-07-083149 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • April 18th, 2007 • Elandia, Inc. • Telephone communications (no radiotelephone) • Florida

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered effective as of January 14, 2007, between Elandia, Inc., a Delaware corporation, (the “Company”), whose principal place of business is 1500 Cordova Road, Suite 312, Fort Lauderdale, Florida 33316, and Michael Ah Koy, an individual (the “Executive”), whose address is 1 Sunrise Avenue, Mairangi Bay, Aukland, New Zealand.

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FIRST AMENDMENT TO CONVERTIBLE NOTE PURCHASE AGREEMENT
Convertible Note Purchase Agreement • April 18th, 2007 • Elandia, Inc. • Telephone communications (no radiotelephone)

THIS FIRST AMENDMENT TO CONVERTIBLE NOTE PURCHASE AGREEMENT (the “Amendment”) is made as of this 11th day of April, 2007, by and between ELANDIA, INC., a Delaware corporation (the “Company”), and STANFORD INTERNATIONAL BANK LIMITED, a corporation organized under the laws of Antigua and Barbuda (the “Purchaser”).

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