0001299933-06-004750 Sample Contracts

Contract
Separation Agreement • July 19th, 2006 • Golden Telecom Inc • Radiotelephone communications • Virginia

This Separation Agreement, dated as of July 14, 2006 (the “Separation Agreement”), is made by and between Golden Telecom Group, Inc., a Delaware corporation (the “Company”), and Derek A. Bloom, a citizen of the United States of America (the “Employee”).

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