WARRANT To Purchase 600,000 Shares of Common Stock of i2 TELECOM INTERNATIONAL, INC.Warrant • May 17th, 2007 • I2 Telecom International Inc • Radiotelephone communications • Delaware
THIS WARRANT (the “Warrant”) certifies that, for value received, Vestal Venture Capital (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after May __, 2007 (the “Initial Exercise Date”) and on or prior to the third-year anniversary of the Initial Exercise Date (the “Termination Date”), but not thereafter, to subscribe for and purchase from i2 Telecom International, Inc., a Washington corporation (the “Company”), up to 600,000 shares (the “Warrant Shares”) of common stock, no par value per share, of the Company (the “Common Stock”). The purchase price of each share of Common Stock (the “Exercise Price”) under this Warrant shall be $0.15, subject to adjustment hereunder.
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • May 17th, 2007 • I2 Telecom International Inc • Radiotelephone communications • Delaware
This REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is made and entered into as of May ___, 2007, by and among I2 TELECOM INTERNATIONAL, INC., a Washington corporation (the “Company”), and each of the Persons listed on the signature pages hereto (each a “Holder” and, collectively, the “Holders”).
PLEDGE AGREEMENTPledge Agreement • May 17th, 2007 • I2 Telecom International Inc • Radiotelephone communications • Indiana
This PLEDGE AGREEMENT, dated as of May __, 2007 (this “Agreement”) between i2 Telecom International, Inc., a Washington corporation (herein called the “Pledgor”), and Vestal Venture Capital, (“Payee”) located at 6471 Enclave Way, Boca Raton, Florida 33496 for itself, as lender, and as agent for other lenders that now are or hereafter become parties to the Loan Agreement (defined below) (“Agent”). Vestal Venture Capital and such other lenders are individually referred to as a “Lender” and collectively as the “Lenders.”
TERM LOAN AGREEMENTTerm Loan Agreement • May 17th, 2007 • I2 Telecom International Inc • Radiotelephone communications
This Term Loan Agreement (the “Agreement”) is made and entered into as of May __, 2007, by and between I2 TELECOM INTERNATIONAL, INC., a Washington corporation (the “Company”) and VESTAL VENTURE CAPITAL located at 6471 Enclave Way, Boca Raton, Florida 33496, (the “Lender”) with reference to the following facts:
LOAN S U B O R D I N A T I O N A G R E E M E N TLoan Subordination Agreement • May 17th, 2007 • I2 Telecom International Inc • Radiotelephone communications • Georgia
THIS LOAN SUBORDINATION AGREEMENT is made the 2nd day of May, 2007 between UNIVERSITY BANK, (the “Lender”) having its registered office at 2015 Washtenaw Avenue, Ann Arbor, MI 48104 and i2 TELECOM INTERNATIONAL, INC., (the “Borrower”) having its registered office at 5070 Old Ellis Point Road, Suite 110, Roswell, GA 30076.
