THIS WARRANT AS WELL AS THE COMMON STOCK ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), AND MAY NOT BE OFFERED OR SOLD UNLESS REGISTERED UNDER THE ACT OR AN EXEMPTION FROM...GlobalTel IP, Inc. • July 5th, 2007 • Radiotelephone communications • Florida
This is to certify that, FOR VALUE RECEIVED, Dominic and Sarina Albi JTEN (the “Holder”) is entitled to purchase, subject to the provisions of this Warrant, from GLOBALTEL IP, INC., a Florida corporation (the “Company”), 112,500 (one hundred twelve thousand five hundred) shares of the common stock of the Company, $0.001 par value (the “Common Stock”), at an exercise price of $.22 per share at any time or from time to time from the date hereof until 5:00 P.M., Boca Raton, Florida Time on June 30, 2008 (“the Termination Date”). The number of shares to be received upon the exercise of this Warrant and the price to be paid for each such share shall be adjusted from time to time as hereinafter set forth. The shares deliverable upon such exercise, and as adjusted from time to time, are hereinafter as well as any other securities that may be deliverable upon such exercise are sometimes referred to as “Warrant Shares” and the exercise price of this Warrant as in effect at any time as adjusted
LEASE AGREEMENT between BGNP Associates, LLC and GLOBALTEL IP, INC. Dated: July 1, 2007 Suite 100 Boca Raton, FL 33487Lease Agreement • July 5th, 2007 • GlobalTel IP, Inc. • Radiotelephone communications • Florida
THIS DOCUMENT IS MERELY A SUMMARY AND ANY PROVISIONS OF THE LEASE AND OTHER AGREEMENTS BETWEEN LANDLORD AND TENANT SHALL PREVAIL OVER CONFLICTING PROVISIONS CONTAINED HEREIN.
GlobalTel IP, Inc.GlobalTel IP, Inc. • July 5th, 2007 • Radiotelephone communications
Reference is made to the Management Agreement by and between us made as of June 1, 2006. This confirms our agreement to terminate the Management Agreement and to relieve and release both of us of any past, present or future obligation thereunder.
