0000912057-96-029856 Sample Contracts

WITNESSETH:
Employment Agreement • December 20th, 1996 • U S Long Distance Corp • Telephone communications (no radiotelephone) • Texas
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ADDENDUM NO. 3 TO TELECOMMUNICATIONS SERVICES AGREEMENT
Telecommunications Services Agreement • December 20th, 1996 • U S Long Distance Corp • Telephone communications (no radiotelephone)
AGREEMENT REGARDING VESTING AND ADJUSTMENT OF STOCK OPTIONS This Agreement is entered into on June 25, 1996, between Parris H. Holmes, Jr. ("Employee"), U.S. Long Distance Corp., a Delaware corporation (the "Company"), and Billing Information Concepts...
Agreement Regarding Vesting and Adjustment of Stock • December 20th, 1996 • U S Long Distance Corp • Telephone communications (no radiotelephone)

This Agreement is entered into on June 25, 1996, between Parris H. Holmes, Jr. ("Employee"), U.S. Long Distance Corp., a Delaware corporation (the "Company"), and Billing Information Concepts Corp., a Delaware corporation ("Billing"), but effective as of the date of distribution of the common stock of Billing to holders of the Company's common stock (the "Distribution Date"). Since the effectiveness of this Agreement is expressly contingent on the spinoff of Billing through its distribution to the Company's stockholders, if such condition precedent does not occur as anticipated by the parties hereto, this Agreement will be void AB INITIO, and the prior agreement regarding vesting of stock options entered into between the parties will remain in full force and effect.

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