0001193125-07-138378 Sample Contracts

Arbinet-thexchange, Inc. Tower II, Suite 450 New Brunswick, New Jersey 08901
Restricted Stock Award Agreement • June 19th, 2007 • Arbinet Thexchange Inc • Services-business services, nec • New York

You have indicated your intention to resign from employment with Arbinet-thexchange, Inc. (the “Company”). This letter (the “Agreement”) sets forth the agreement that we have reached regarding your resignation from employment.

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