0001047469-05-027736 Sample Contracts

Consulting Agreement Between SR Telecom and Dave Gibbons
Sr Telecom Inc • December 5th, 2005 • Telephone & telegraph apparatus • Quebec

The purpose of this letter is put forth arrangements between Dave Gibbons and SR Telecom, which will be effective from and after October 1st, 2005. This letter constitutes the entire agreement between Dave Gibbons "DG" and SR Telecom:

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November 16, 2005 BlueTree Advisors 32 Shorewood Place Oakville, ON L6K 3Y4 Attention: William E. Aziz, Managing Partner Dear Sirs:
Sr Telecom Inc • December 5th, 2005 • Telephone & telegraph apparatus

On April 25, 2005, BlueTree Advisors ("BlueTree") entered into an agreement to provide the services of William Aziz ("Aziz") as the Chief Restructuring Officer of SR Telecom Inc. and related companies ("SRT" or the "Company"). The purpose of this letter is to alter the terms of the April 25, 2005 agreement and to put forth the new arrangements between BlueTree and SRT which will be effective from and after July 27, 2005. This letter will restate those terms of the April 25, 2005 agreement which will continue and constitute the entire agreement (the "Agreement") between BlueTree and SRT after July 27, 2005:

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