0000950116-98-001278 Sample Contracts

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AMENDMENT TO RECIPROCAL TELECOMMUNICATIONS AGREEMENT
Reciprocal Telecommunications Agreement • June 5th, 1998 • Pick Communications Corp • Telephone communications (no radiotelephone)
500,000 April 2, 1998 For value received, the undersigned, PICK COMMUNICATIONS CORP, a Nevada corporation having an address at Wayne Interchange Plaza II, 155 Route 46 West, Third Floor, Wayne, New Jersey 07470 (the "Borrower") hereby promises to pay...
Pick Communications Corp • June 5th, 1998 • Telephone communications (no radiotelephone)

For value received, the undersigned, PICK COMMUNICATIONS CORP, a Nevada corporation having an address at Wayne Interchange Plaza II, 155 Route 46 West, Third Floor, Wayne, New Jersey 07470 (the "Borrower") hereby promises to pay to the order of Wolfson Equities, One State Street, 29th Floor, New York, New York 10006 (the "Payee"), the principal sum of Five Hundred Thousand Dollars ($500,000), on the earlier of (i) July 1, 1998 and (ii) the date which is three (3) business days following the date on which the Borrower and/or its subsidiaries receives, in aggregate, financing in an amount of gross proceeds of at least $5,000,000, together with all accrued interest through and including the date of payment. Interest shall be payable at a rate per annum (computed for actual days elapsed on the basis of a 365-day year) of ten percent (10%). The Borrower may prepay this Note at any time prior to the due date hereof, in full, without premium or penalty.

WITNESSETH:
Reciprocal Telecommunications Agreement • June 5th, 1998 • Pick Communications Corp • Telephone communications (no radiotelephone) • New Jersey
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