0001356018-08-000126 Sample Contracts

OPTION AGREEMENT
Option Agreement • March 24th, 2008 • Elec Communications Corp • Telephone communications (no radiotelephone) • New York

THIS AGREEMENT, made as of this 26th day of October 2004, by and between eLEC COMMUNICATIONS CORP., having its principal office at 75 South Broadway, Suite 302, White Plains, New York 10601 (the “Company”) and Michael Khalilian, an employee of the Company, residing at 720 Cricklewood Terrace, Heathrow, Florida 32746, (the “Optionee”).

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